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WASPS Interim Accounts 2019 (6 Viewers)

  • Thread starter oldfiver
  • Start date Mar 3, 2020
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Covstu

Well-Known Member
  • Mar 5, 2020
  • #36
Nick said:
It's not like the Telegraph to ignore something negative about Wasps, is it?



They wont like that.
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I love this guy!
 

fernandopartridge

Well-Known Member
  • Mar 5, 2020
  • #37
Grendel said:
wasin the 80s a couple of months ago
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I may have skirted over it but there wasn't much narrative in the accounts if I recall, not going to give many investors much confidence. Is there some sort of deliberate game at hand?
 
C

CCFC54321

Well-Known Member
  • Mar 5, 2020
  • #38
Be good if anyone could call the Friday evening phone in that has an excellent overview of wasps accounts and raise the profile of wasps dire straits?
 
Reactions: Covstu

Covstu

Well-Known Member
  • Mar 6, 2020
  • #39
CCFC54321 said:
Be good if anyone could call the Friday evening phone in that has an excellent overview of wasps accounts and raise the profile of wasps dire straits?
Click to expand...
Only one man for that job
 

Nick

Administrator
  • Mar 7, 2020
  • #40
Any update if the Telegraph had mentioned it?

Must be too busy with important stuff - We give our verdict on 'Coventry's best beard barber shop'

Embarassing, man gets a haircut. WOOOOOOOO

Free stuff in return for articles, reminds me of when that JD fella phoned my work once. "Can you do something for free or cheap if I give you a shoutout on the radio?"

"Fuck off"
 

jordan210

Well-Known Member
  • Mar 7, 2020
  • #41
Nick said:
Any update if the Telegraph had mentioned it?

Must be too busy with important stuff - We give our verdict on 'Coventry's best beard barber shop'

Embarassing, man gets a haircut. WOOOOOOOO
Click to expand...

Why is the before and after the wrong way round. No wonder why they cant report on wasps account when the rugby correspondent is sent on important jobs like this.
 

Nick

Administrator
  • Mar 7, 2020
  • #42
jordan210 said:
Why is the before and after the wrong way round. No wonder why they cant report on wasps account when the rugby correspondent is sent on important jobs like this.
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Yeah but:

It was only shortly after their opening time of 10am on a Wednesday when I arrived but already there were three gentlemen waiting their turn while another three were patiently waiting their turn.
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Was it 6 waiting their turn and there was a word count to reach?
 
Reactions: Terry Gibson's perm and Kneeza

jordan210

Well-Known Member
  • Mar 7, 2020
  • #43
Nick said:
Yeah but:



Was it 6 waiting their turn and there was a word count to reach?
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Maybe he is In charge of wasps attendances
 
Reactions: Nick

stupot07

Well-Known Member
  • Mar 7, 2020
  • #44
9,503 the official attendance, so more like 7,500 then haha

Sent from my SM-G965F using Tapatalk
 
C

CCFC54321

Well-Known Member
  • Mar 7, 2020
  • #45
stupot07 said:
9,503 the official attendance, so more like 7,500 then haha

Sent from my SM-G965F using Tapatalk
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Is that true!! Brilliant and to think the amount of free tickets going around this week.

Busted flush.... time to get an exit strategy wasps!
 

Grendel

Well-Known Member
  • Mar 7, 2020
  • #46
stupot07 said:
9,503 the official attendance, so more like 7,500 then haha

Sent from my SM-G965F using Tapatalk
Click to expand...

No one cares any more and apathy is a bigger killer - some idiot yesterday on their forum said the Ricoh will be rocking to day - it’s embarrassing
 

Grendel

Well-Known Member
  • Mar 7, 2020
  • #47
Match day thread - 28 posts

DrunkenWasps.com - Cherries Match thread
 

fernandopartridge

Well-Known Member
  • Mar 7, 2020
  • #48
Grendel said:
Match day thread - 28 posts

DrunkenWasps.com - Cherries Match thread
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Yep, apathy has definitely set in. Like I've said before their Ricoh tenure is just like ours. Good start, inflated gates, gradual decline to apathy. Attending becomes a chore. Next stop for them hopefully is the rugby equivalent of division 4.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 8, 2020
  • #49
Starting to think the only reason they’re not letting us back in is we’d get embarrassingly higher crowds.
 

Nick

Administrator
  • Mar 8, 2020
  • #50
Brighton Sky Blue said:
Starting to think the only reason they’re not letting us back in is we’d get embarrassingly higher crowds.
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We would now, if there's a game that means a win seals promotion or even the league title it would be sold out.

Back to Wasps 6,000 the next week.

Still nothing in the Telegraph but a great article about a breakfast their Rugby Reporter had.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 8, 2020
  • #51
Nick said:
We would now, if there's a game that means a win seals promotion or even the league title it would be sold out.

Back to Wasps 6,000 the next week.

Still nothing in the Telegraph but a great article about a breakfast their Rugby Reporter had.
Click to expand...

It should be a mission to get a higher crowd in Brum on the same day as a Wasps game before the season is up
 

Nick

Administrator
  • Mar 8, 2020
  • #52
Brighton Sky Blue said:
It should be a mission to get a higher crowd in Brum on the same day as a Wasps game before the season is up
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I think we already have, haven't we?
 

chiefdave

Well-Known Member
  • Mar 8, 2020
  • #53
stupot07 said:
9,503 the official attendance, so more like 7,500 then haha
Click to expand...
 

Halftime Orange

Well-Known Member
  • Mar 8, 2020
  • #54
Jesus! The Ricoh looks empty, surely they can't survive with gates like that for much longer...thought it was bad when we were there and staying away because of SISU! At least we had a reason.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 8, 2020
  • #55
Nick said:
I think we already have, haven't we?
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Maybe for the Cup game but don't think we've done it in the league yet
 

Nick

Administrator
  • Mar 8, 2020
  • #56
Brighton Sky Blue said:
Maybe for the Cup game but don't think we've done it in the league yet
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We had more in our last game than they did at theirs I think?
 

jordan210

Well-Known Member
  • Mar 8, 2020
  • #57
chiefdave said:
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With the Higgs closed as-well I doubt there is any more than 6k In there.

Every week you find someone on twitter with ticket price of £0

 
Reactions: Kneeza, Grendel and lordsummerisle
B

Brighton Sky Blue

Well-Known Member
  • Mar 8, 2020
  • #58
Nick said:
We had more in our last game than they did at theirs I think?
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If so then let's try and double them
 
Reactions: Kneeza
C

CCFC88

Well-Known Member
  • Mar 9, 2020
  • #59
Be interesting to see what they do with their ST prices next year, keep the same or increase them and you'd expect a drop off, reduce them and its a sign their admitting their own failure.

On a different note, we were talking to an Ipswich fan on Saturday who was saying that Evans is running their club as a tax asset, running losses year on year to offset against his other business'. Could it be that this is happening with Wasps, with (soon to be the expected) no threat of relegation, no FFP rules to adhere to etc, could it be that they are being used like that?

I have very little knowledge and not saying that Im right, its just something that popped into my head following the conversation in Ipswich, but could it be that they aren't bothered about making any money, especially in the short term?
 

Grendel

Well-Known Member
  • Mar 9, 2020
  • #60
CCFC88 said:
Be interesting to see what they do with their ST prices next year, keep the same or increase them and you'd expect a drop off, reduce them and its a sign their admitting their own failure.

On a different note, we were talking to an Ipswich fan on Saturday who was saying that Evans is running their club as a tax asset, running losses year on year to offset against his other business'. Could it be that this is happening with Wasps, with (soon to be the expected) no threat of relegation, no FFP rules to adhere to etc, could it be that they are being used like that?

I have very little knowledge and not saying that Im right, its just something that popped into my head following the conversation in Ipswich, but could it be that they aren't bothered about making any money, especially in the short term?
Click to expand...

It’s a myth things don’t work like that
 
Reactions: fernandopartridge and Deleted member 5849

Wyken Sky Blue

Well-Known Member
  • Mar 9, 2020
  • #61
As someone who's not an accountant, what pages from the accounts should I be looking at to confirm Wasps were operaing at a loss?
 
S

skybluesam66

Well-Known Member
  • Mar 9, 2020
  • #62
see consolidated income statement
in 6 months, including interest payments, they lost £4.99m

2022 is when they need to repay their 33m loan
by then they could lost another 20m, so unlikely they will be able to pay back the 20m

We are able to play at St Andrews for another 2 years - which ties in with the 2022 when Wasps go pop
 

fernandopartridge

Well-Known Member
  • Mar 9, 2020
  • #63
Grendel said:
It’s a myth things don’t work like that
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Indeed, i think that was one of the fallacies the Trust invented about SISU.
 
Reactions: Nick
B

Brighton Sky Blue

Well-Known Member
  • Mar 9, 2020
  • #64
Spoke to a colleague who said they paid to watch Wasps this weekend. He didn't know they're handing out freebies by the 20 and then went 'there were basically just groups of schoolchildren on free tickets'.

Have marked him down for fumigation
 
Reactions: Kneeza, Terry Gibson's perm and Peter Billing

jordan210

Well-Known Member
  • Mar 9, 2020
  • #65
jordan210 said:
With the Higgs closed as-well I doubt there is any more than 6k In there.

Every week you find someone on twitter with ticket price of £0

Click to expand...

Odd how this tweet has not been deleted hmmmm
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 9, 2020
  • #66
Food for thought?

What if all the wasps disappeared? - BBC Ideas
 

jordan210

Well-Known Member
  • Mar 9, 2020
  • #67
Had a quick google for wasps and this came up

a concert in Stratford £20 a ticket with 2 free wasps tickets

Young Minds Matter Concert - free wasps rugby ticket with purchase!

Im sure its a very good cause and worthy of £20 of anyones money. without free tickets
 
Last edited: Mar 9, 2020

Philosoraptor

Well-Known Member
  • Mar 9, 2020
  • #68
Brighton Sky Blue said:
Food for thought?

What if all the wasps disappeared? - BBC Ideas
Click to expand...

Bond price down over 2% today. Looks like an extinction may be closer then anyone imagined.

Got to be close to going over the edge.

Another thought of the day:

i wonder if they can actually buy the place outright if they can't get the financing.

 
B

Brighton Sky Blue

Well-Known Member
  • Mar 9, 2020
  • #69
Philosorapter said:
Bond price down over 2% today. Looks like an extinction may be closer then anyone imagined.

Got to be close to going over the edge.

Another thought of the day:

i wonder if they can actually buy the place outright if they can't get the financing.

View attachment 14353
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In their favour however, no relegation this season and guaranteed European fixtures every year with the strong likelihood of relegation being scrapped once Saracens are out
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Mar 11, 2020
  • #70
With the corona virus - is there a possibility that if sport gets wiped out and no rugby is played would push them closer to the edge?
 
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