Wasps downward spiral... (69 Viewers)

[Kneeza]

They know Gooley is desperate, and ageing, and has cash burning.
They see it as an opportunity.

Of course, that's if anything the Daily Heil coughs up is remotely based on truth. (I know they 'scooped' one money-based rugby story correctly a couple of years ago, but their record for truthfulness over the last century isn't exactly edifying).

 

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[duffer]

Broadcasters (with considerable financial clout) have indicated that they may well not support this; the football carnage surrounding a no-relegation "super league" might actually draw some negative attention into this proposal too.

 

[jordan210]

Not downward as such. But first they nick our ground now they go after our shirt supplier !

 

[AOM]

Not downward as such. But first they nick our ground now they go after our shirt supplier !

Incoming Wasps are buying us or we're buying Wasps theories

 

[shepardo01]

The Hummel Arena.....

 

[fernandopartridge]

I wouldn't be surprised if the new club shop is split half and half, funded by Hummel.

 

[jordan210]

I wouldn't be surprised if the new club shop is split half and half, funded by Hummel.

Are we not having separate shops ? Mind you nothing has been said has it about wasps shops new location has it ?

 

[Terry Gibson's perm]

I wonder if it’s record high or record low.

 

[Nick]

Are we not having separate shops ? Mind you nothing has been said has it about wasps shops new location has it ?

Yeah it's been said it's not a shared shop

 

[duffer]

I wouldn't be surprised if the new club shop is split half and half, funded by Hummel.

I'm not by nature a violent man, but if this leads to anyone wearing a half-and-half Wasps/CCFC scarf or shirt then they better have a bought a steel codpiece to go with it.

(I'm joking of course, but they will definitely be in for a serious tutting)

 

[Moff]

I'm not by nature a violent man, but if this leads to anyone wearing a half-and-half Wasps/CCFC scarf or shirt then they better have a bought a steel codpiece to go with it.

(I'm joking of course, but they will definitely be in for a serious tutting)

Duffer, did you accidently replace a T for a N at the start of Tutting?

 

[Kneeza]

Well, that completes a memorable weekend as W*sps choke again and lose after leading by a decent amount against 14 men.
Oh dear, etc, etc.

 

[chiefdave]

Wasps Announce Long-Term Partnership with The Wigley Group

www.wasps.co.uk

The company doing the work on the training ground are now Wasps sponsors.

Odd how every time they have work done a new sponsorship deal appears with the company doing the work. Almost like they can't afford to pay for anything and offer sponsorship instead.

 

[Grendel]

Wasps Announce Long-Term Partnership with The Wigley Group

www.wasps.co.uk

The company doing the work on the training ground are now Wasps sponsors.

Odd how every time they have work done a new sponsorship deal appears with the company doing the work. Almost like they can't afford to pay for anything and offer sponsorship instead.

Well they didn’t pay for the infamous Land Rover deal so it’s not that surprising

 

[fernandopartridge]

Wasps Announce Long-Term Partnership with The Wigley Group

www.wasps.co.uk

The company doing the work on the training ground are now Wasps sponsors.

Odd how every time they have work done a new sponsorship deal appears with the company doing the work. Almost like they can't afford to pay for anything and offer sponsorship instead.

My mate works for Wigley, I’ll ask him. I doubt that they’re obtaining any payment (in kind) for the sponsorship, it’s more likely that it’s just convenient for both parties


Sent from my iPhone using Tapatalk

 

[Peter Billing Eyes]

My mate works for Wigley, I’ll ask him. I doubt that they’re obtaining any payment (in kind) for the sponsorship, it’s more likely that it’s just convenient for both parties


Sent from my iPhone using Tapatalk

Did you get an answer?

 

[MusicDating]

I love the idea of them offering sponsorship to settle debts...

'Right Wasps, you owe us for that job'
'Yer about that. Would you like to sponsor us?'
'Er, ok then'...

Telegraph headline - 'Wasps are delighted to announce Doris the cleaner as the new sponsor of...'

 

[Frostie]

First the WA5OH debacle & now this...



No doubt cost millions but looks like something a primary school child designed.

 

[CCFC54321]

First the WA5OH debacle & now this...



No doubt cost millions but looks like something a primary school child designed.

They really are pathetic. It’s now getting to the stage where I’m starting to feel sorry for how amateur their business is.
Thankfully won’t be around much longer thank god.

 

[LastGarrison]

Who the fuck signs this shit off??

 

[Deleted member 5849]

Who the fuck signs this shit off??

tbf, whoever designed our McGinnity elephant has been waiting an age to do another logo.

 

[AOM]

Don't think I'd even have noticed it had changed to be honest
Both logos look like they were pulled straight from clip art in Microsoft Word

 

[Kneeza]

Bobby Bridge thinks it's great.

(In truth, he's probably very glad to be working on Tigers stuff for the Leicester Mercury).

 

[Liquid Gold]

What's the difference? rotated it a little bit and given it an angry eye?

 

[vow]

I still prefer my design.....

 

[CCFC54321]

Wasps downward spiral continues following an absolute spanking today!

 

[jordan210]

Annual Report
For the Year Ended 30 June 2021 for wasps holding

https://www.wasps.co.uk/media/8656/whl-group-ye-30-06-2021-final.pdf

for wasps finance

https://www.wasps.co.uk/media/8655/wasps-finance-plc-30-06-21-final.pdf

 

[JAM See]

Annual Report
For the Year Ended 30 June 2021 for wasps holding

https://www.wasps.co.uk/media/8656/whl-group-ye-30-06-2021-final.pdf

for wasps finance

https://www.wasps.co.uk/media/8655/wasps-finance-plc-30-06-21-final.pdf

Means nothing to me. Are they financially healthy or not?

Can you summarise please?

 

[jordan210]

Means nothing to me.

Can you summarise please?

No idea to be honest. Smarter people will be along soon to give us actual financial information !

 

[Earlsdon_Skyblue1]

No idea to be honest. Smarter people will be along soon to give us actual financial information !

Old sky blue will be along in a minute to tell us all is fine.*




*The guy that pretended to go to a ccfc protest at the ricoh, but actually went to a wasps game where said protest was occurring at the same time.

 

[SlowerThanPlatt]

Old sky blue will be along in a minute to tell us all is fine.*




*The guy that pretended to go to a ccfc protest at the ricoh, but actually went to a wasps game where said protest was occurring at the same time.

Must have missed that one?!

 

[Liquid Gold]

No change on them really. They’re steadily losing money that they can’t afford to.

Interesting to note that Eastwood has guaranteed the bonds but this isn’t legally binding and they’re looking to refinance. This will only be done at a worse interest rate than they’re currently paying which is causing huge losses.

Eastwood will run out of cash to run it eventually so they’ll either need a white Knight or something else to carry on.

 

[Liquid Gold]

Even some of their log are flapping it now.

I suspect they’ll refinance to kick the van down the road a little more.

Their business model is broken though. A big change will have happen or they will be bust along with uncle derek.

 

[Grendel]

Old sky blue will be along in a minute to tell us all is fine.*




*The guy that pretended to go to a ccfc protest at the ricoh, but actually went to a wasps game where said protest was occurring at the same time.

he went to the protest

 

[Grendel]

he went to the protest

I don’t know why this created a laughing emoji - bizarre