I assume they've been sharing staff between the two so is merging just to get rid of the big salaries at the top.I thought they had been pretty much doing that anyway?
Wasps have announced they are merging with ACL and in the process it seems Andy Gibb is getting the push.
It makes sense as a cost cutting measure as you can share staff, although there's no reason you can't do that with two separate companies in the same group. Doesn't this create a situation where if one part of the business fails the whole thing crashes down?
I've been hesitant to agree with anyone who has spoken of Wasps move having not worked for them financially but its hard to see this as anything other than cost cutting and when you put it alongside Armstrong (Wasps chief exec) also going a couple of months ago, nothing happening at Higgs and, at least according to the Wasps fan in the office, not much in the way of 'name' signings to replace players who have left you have to wonder.
Not saying they will be folding any minute now but are things doing as well as some would have us believe?
I have said before how they are not going to replace Beale one of their marquee signings who has left. They came out with some hot air about it, but whichever way you dress it up its cost cutting...and from what I hear necessary too. Such a shame.
Give it 1 or 2 more seasons and attendances will drop to a poor level other than big games against the tigers etc. Taking a club away from its roots never works in the end.
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