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Wasps downward spiral... (4 Viewers)

  • Thread starter CCFC54321
  • Start date Oct 20, 2018
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chiefdave

Well-Known Member
  • Feb 6, 2021
  • #2,451
Have they managed to sort out the TV rights yet?

Was reading about C4 getting the current test series and it seems that the initial asking price was £20m, Sky and BT said no and C4 eventually got them at the last minute, when there was a concern there would be no coverage at all, for £2m.

One quote lept out at me "the sports rights market has collapsed", basically saying that if it isn't football the ROI isn't there for Sky and BT as other sports struggle to drive subscriptions. Cricket being in a much stronger position than rugby as it fills hours and is played over the summer when there's little else to retain subscribers.

Turns out that there's a sizeable chunk of things shown on Sky and BT for which they aren't even paying a rights fee. The market is so poor for sports rights that an international feed is produced and supplied free of charge in the hope that it will increase exposure and sponsorship revenue.

Would suggest its not a good time to be looking for a new deal, especially when you're looking for it to be much larger than your current deal. The viewing figures on BT are terrible for live Premiership rugby and the RFU pissed off the BBC when they promised them live games during the pandemic and then pulled out at the last minute.
 

Kneeza

Well-Known Member
  • Feb 6, 2021
  • #2,452
chiefdave said:
Have they managed to sort out the TV rights yet?

Was reading about C4 getting the current test series and it seems that the initial asking price was £20m, Sky and BT said no and C4 eventually got them at the last minute, when there was a concern there would be no coverage at all, for £2m.

One quote lept out at me "the sports rights market has collapsed", basically saying that if it isn't football the ROI isn't there for Sky and BT as other sports struggle to drive subscriptions. Cricket being in a much stronger position than rugby as it fills hours and is played over the summer when there's little else to retain subscribers.

Turns out that there's a sizeable chunk of things shown on Sky and BT for which they aren't even paying a rights fee. The market is so poor for sports rights that an international feed is produced and supplied free of charge in the hope that it will increase exposure and sponsorship revenue.

Would suggest its not a good time to be looking for a new deal, especially when you're looking for it to be much larger than your current deal. The viewing figures on BT are terrible for live Premiership rugby and the RFU pissed off the BBC when they promised them live games during the pandemic and then pulled out at the last minute.
Click to expand...
I despair tbh.
Cov were on Sky twice last season. Once on a free-to-view Sky channel (which seems the right way to do it).
The second time, however, it was on a pay-to-view one. I haven't seen the viewing figures but can only imagine (and having spoken to many others at various other Champ clubs) the second one drew the square root of fck all viewers.
Why bother going to the effort of televising and then getting virtually nobody watching?
 

Kneeza

Well-Known Member
  • Feb 6, 2021
  • #2,453
And... after a second-half comeback against one of the season's strugglers...
Wasps lose at home again.
Oh dear, how sad, never mind.
 
Reactions: covcity4life, ccfcchris, Terry Gibson's perm and 2 others

fernandopartridge

Well-Known Member
  • Feb 6, 2021
  • #2,454
Kneeza said:
And... after a second-half comeback against one of the season's strugglers...
Wasps lose at home again.
Oh dear, how sad, never mind.
Click to expand...
Is it a new season or still the old one? I haven't paid any attention
 
Reactions: covcity4life

Terry Gibson's perm

Well-Known Member
  • Feb 6, 2021
  • #2,455
Flag sales must have plummeted with none of their idiots in the ground.
 
Reactions: Covstu

Kneeza

Well-Known Member
  • Feb 6, 2021
  • #2,456
fernandopartridge said:
Is it a new season or still the old one? I haven't paid any attention
Click to expand...
Don't think even they know tbf.
 
Reactions: Deleted member 5849

Kneeza

Well-Known Member
  • Feb 6, 2021
  • #2,457
Terry Gibson's perm said:
Flag sales must have plummeted with none of their idiots in the ground.
Click to expand...
They were free anyway.

Just like the tix.

Please pay attention.
 
Reactions: duffer and Terry Gibson's perm

Terry Gibson's perm

Well-Known Member
  • Feb 6, 2021
  • #2,458
Kneeza said:
They were free anyway.

Just like the tix.

Please pay attention.
Click to expand...

But London wasps had to buy them from suppliers that was what I was aiming at.
 
Reactions: duffer and Kneeza

Terry Gibson's perm

Well-Known Member
  • Feb 12, 2021
  • #2,459
They have scrapped relegation for a year and will be expanding the league by one to allow promotion. Is that what you call a closed shop.
 

Skybluemichael

Well-Known Member
  • Feb 12, 2021
  • #2,460
Premiership: Relegation scrapped for this season amid Covid-19 pandemic RFU scraps Premiership relegation
 

Liquid Gold

Well-Known Member
  • Feb 12, 2021
  • #2,461
Are they trying to dissuade new fans?
 

shepardo01

Well-Known Member
  • Feb 12, 2021
  • #2,462
Makes it a joke again...
 

chiefdave

Well-Known Member
  • Feb 12, 2021
  • #2,463
Complete joke of a league. Know its incredibly unlikely but would be funny if someone apart from Saracens got promoted and messed their plans up.

At a time they're struggling to get a new TV contract they've just voted to make a big chunk of their games completely meaningless!
 
D

Deleted member 5849

Guest
  • Feb 12, 2021
  • #2,464
Skybluemichael said:
Premiership: Relegation scrapped for this season amid Covid-19 pandemic RFU scraps Premiership relegation
Click to expand...
They've been looking for an excuse to do that for years...
 
Reactions: SBAndy

SBAndy

Well-Known Member
  • Feb 12, 2021
  • #2,465
Comical. Fuck ‘em, no one will be interested (and I say this as a bit of a casual rugby fan). A 13-team league doesn’t even make sense.

Edit: liked this snippet from the article.

The RFU said promotion and relegation could be put on hold for "three or four seasons" as it reviews the calendar.
Click to expand...

Takes them 4 years to review a calendar, eh?
 

fernandopartridge

Well-Known Member
  • Feb 12, 2021
  • #2,466
SBAndy said:
Comical. Fuck ‘em, no one will be interested (and I say this as a bit of a casual rugby fan). A 13-team league doesn’t even make sense.

Edit: liked this snippet from the article.



Takes them 4 years to review a calendar, eh?
Click to expand...
The cauliflower eared bone heads are confused by leap years I think
 

Earlsdon_Skyblue1

Well-Known Member
  • Feb 12, 2021
  • #2,467
I've gone from being passive about rugby to absolutely hating it thanks to those cunts.
 
Reactions: Frostie, Covstu, Wyken Sky Blue and 9 others
S

SG21

Well-Known Member
  • Feb 26, 2021
  • #2,468
Shame really. I Like rugby, but Wasps coming here never made sense to me. Such a random place to try and get the sport active when Cov Rugby is doing well (in terms of costs and size of club etc) and with things so heated between the council and the people here. Surely Wasps knew this going in? a quick bit of research on the ricoh would show this would never go down well.
 
Last edited: Feb 26, 2021
Reactions: duffer

Grendel

Well-Known Member
  • Feb 26, 2021
  • #2,469
SG21 said:
Shame really. I Like rugby, but Wasps coming here never made sense to me. Such a random place to try and get the sport active when Cov Rugby is doing well (in terms of costs and size of club etc) and with things so heated between the council the people here. Surely Wasps knew this going in? a quick bit of research on the ricoh would show this would never go down well.
Click to expand...

The owner had been hanging around for years he’s a land owner and would have had interests in growth potential of the area around it
 

Terry Gibson's perm

Well-Known Member
  • Feb 26, 2021
  • #2,470
SG21 said:
Shame really. I Like rugby, but Wasps coming here never made sense to me. Such a random place to try and get the sport active when Cov Rugby is doing well (in terms of costs and size of club etc) and with things so heated between the council the people here. Surely Wasps knew this going in? a quick bit of research on the ricoh would show this would never go down well.
Click to expand...

The council will have said there is a nice little money maker here ripping off the football club with high rent charges.
 
Reactions: Sick Boy and MusicDating

lifeskyblue

Well-Known Member
  • Feb 26, 2021
  • #2,471
Earlsdon_Skyblue1 said:
I've gone from being passive about rugby to absolutely hating it thanks to those cunts.
Click to expand...

Same here...used to play rugby at school (many many years ago) and would always take an interest in the 6nations and rugby World Cup. Also occasionally went to watch Leicester Tigers with a friend. But now couldn’t tell you the name of any rugby players...would turn tv over or off rather than watch. It may just be coincidence but it has largely tied in with Wasps arrival in Coventry.


Sent from my iPhone using Tapatalk
 
Reactions: Earlsdon_Skyblue1
S

SG21

Well-Known Member
  • Feb 26, 2021
  • #2,472
Terry Gibson's perm said:
The council will have said there is a nice little money maker here ripping off the football club with high rent charges.
Click to expand...
Not surprising as the council here are awful - easily one of the worst. They seem quite content with doing more harm than good and wasting money. A city this size really doesn't need three stadiums, but here we are.

It says it all that they got rid of a failing swimming pool to then be surprised the newer, more costly one would...also fail.
 
Reactions: KAB, Terry Gibson's perm and Gynnsthetonic

Kneeza

Well-Known Member
  • Mar 6, 2021
  • #2,473
And, once again, 15 man Wasps fuck up against a 14 man bottom of table side.

Forum Quote: I’m disgusted. Lost at home to bottom of the league with an extra man for an hour. I’m done with this shambles.

Oh dear, how sad. Again.
 
Reactions: covcity4life, eastwoodsdustman, duffer and 3 others

shepardo01

Well-Known Member
  • Mar 6, 2021
  • #2,474
Kneeza said:
And, once again, 15 man Wasps fuck up against a 14 man bottom of table side.

Forum Quote: I’m disgusted. Lost at home to bottom of the league with an extra man for an hour. I’m done with this shambles.

Oh dear, how sad. Again.
Click to expand...
Pity the joke of a league has scrapped relegation again!
 
Reactions: covcity4life, duffer and Kneeza

duffer

Well-Known Member
  • Mar 6, 2021
  • #2,475
Kneeza said:
And, once again, 15 man Wasps fuck up against a 14 man bottom of table side.

Forum Quote: I’m disgusted. Lost at home to bottom of the league with an extra man for an hour. I’m done with this shambles.

Oh dear, how sad. Again.
Click to expand...

I was distraught too.

CCFC and CRFC winning somehow took some of the sting out of it though.
 
Reactions: Gynnsthetonic, Kneeza and clint van damme

shepardo01

Well-Known Member
  • Mar 6, 2021
  • #2,476
How on earth did Saracens get beaten today!!??
Imagine the backtracking from the RFU if (somehow) they aren't the one going up to the closed shop!!
 
Reactions: SG21, Kneeza and duffer

Covstu

Well-Known Member
  • Mar 6, 2021
  • #2,477
Earlsdon_Skyblue1 said:
I've gone from being passive about rugby to absolutely hating it thanks to those cunts.
Click to expand...
Same
 

fernandopartridge

Well-Known Member
  • Mar 9, 2021
  • #2,478
This is a curious development:

Landmark Hilton hotel to open in Nuneaton - CoventryLive (coventrytelegraph.net)

If they're developing a Hampton by Hilton in Nuneaton town centre, the other one at the Ricoh feels quite close and as if it might compete in the same market?
 
S

SG21

Well-Known Member
  • Mar 9, 2021
  • #2,479
shepardo01 said:
How on earth did Saracens get beaten today!!??
Imagine the backtracking from the RFU if (somehow) they aren't the one going up to the closed shop!!
Click to expand...
At a guess, moral is very low. The entire recent history of the club is littered in shame now, players haven't played well for a while (see england's six nations for that) and Saracens are having to adjust to a budget. Something they've not done for a while...
 

jordan210

Well-Known Member
  • Mar 9, 2021
  • #2,480
fernandopartridge said:
This is a curious development:

Landmark Hilton hotel to open in Nuneaton - CoventryLive (coventrytelegraph.net)

If they're developing a Hampton by Hilton in Nuneaton town centre, the other one at the Ricoh feels quite close and as if it might compete in the same market?
Click to expand...

isn't the hotel site by the Ricoh, Now going to be a car airport thing.....
 
S

Seamus1

Well-Known Member
  • Mar 9, 2021
  • #2,481
jordan210 said:
isn't the hotel site by the Ricoh, Now going to be a car airport thing.....
Click to expand...
That’s just a very short term gimmick. It will only be around for a few months (if indeed it is built at all) for prospective investors to have a look. The illustrations for it did show the hotel in the background just for illustrative purposes, but there will not be a such air-port permanently. If Maton or O’Boyle had their way, the car park would become yet another sodding warehouse
 

jordan210

Well-Known Member
  • Mar 11, 2021
  • #2,482
Accounts till 30th June 2020 are up

wasps fiance
https://www.wasps.co.uk/media/7792/wasps-finance-plc-ye-30-06-20.pdf

wasps holdings
https://www.wasps.co.uk/media/7793/wasps-holdings-limited-ye-30-06-2020.pdf
 

chiefdave

Well-Known Member
  • Mar 11, 2021
  • #2,483
jordan210 said:
Accounts till 30th June 2020 are up

wasps fiance
https://www.wasps.co.uk/media/7792/wasps-finance-plc-ye-30-06-20.pdf

wasps holdings
https://www.wasps.co.uk/media/7793/wasps-holdings-limited-ye-30-06-2020.pdf
Click to expand...
Very quick glance suggests not much good news in there. Has the finance plc contained a note about not being an ongoing concern before?
 
Reactions: Moff

jordan210

Well-Known Member
  • Mar 11, 2021
  • #2,484
chiefdave said:
Very quick glance suggests not much good news in there. Has the finance plc contained a note about not being an ongoing concern before?
Click to expand...

No idea to be honest. But does look a bit grim for them.
 

fernandopartridge

Well-Known Member
  • Mar 11, 2021
  • #2,485
chiefdave said:
Very quick glance suggests not much good news in there. Has the finance plc contained a note about not being an ongoing concern before?
Click to expand...

I think they might have done last year

In the Wasps Holdings accounts, Wasps themselves are the subject of the biggest drop in turnover.

Given that the venue was open for 75% of the year (closed from end March 20 to end June 20), the drop in revenues seems worse than you might expect
 
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