Wasps going into admin & the impact on CCFC (38 Viewers)

[shmmeee]

I’d even go as far as to say they should consider selling the freehold. The council needs a clean break from the whole project so they can get on with being a council.

Give it to the fans!

 

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[Grendel]

There must be an adequate stadium they can rent in the Greater London area, try telling them its not all about the premiership, like Cov Rfc who take coachloads to Plymouth, Cornwall, Bedford, London Scottish etc, Wasp fans (the proper ones)may even enjoy a proper day out in Cov, Craven St Earlsdon, City Centre

The Ashley deal indicates he’d buy Wasps as well

 

[Gynnsthetonic]

I’d even go as far as to say they should consider selling the freehold. The council needs a clean break from the whole project so they can get on with being a council.

As long as a clause to stop it being sold for other uses then yes, get the CCFC fans to own the pitch similar to Chelsea, fans would then have some sort of ownership too.

 

[shmmeee]

As long as a clause to stop it being sold for other uses then yes, get the CCFC fans to own the pitch similar to Chelsea, fans would then have some sort of ownership too.

It should be clear there’s a home for CCFC whatever happens and really the only way to guarantee that is a fan owned freehold/super long lease.

 

[Grendel]

As long as a clause to stop it being sold for other uses then yes, get the CCFC fans to own the pitch similar to Chelsea, fans would then have some sort of ownership too.

It needs to have a lease with those caveats - otherwise the sub tenants have no rights

 

[SBT]

thats the issue. As you said best time to sell. We’re at the point where we think SISUs plan Culminates.

it’s now put up or shut up time. 8 years of distressing Wasps have worked, either buy the Ricoh, build a new ground or go

Can I go for door number 3 please

 

[jordan210]

Another point, if they do merge with Irish, what happens to the training ground in Henley?

Is it too far for CCFC to be interested?


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[/QUOTE]

Was passed over to another wasps director and they changed the name to remove wasps from it.

Just coincidence mind you.

 

[skybluetony176]

That club tweet about Wednesday being on after being given 'assurances' has me worried

We were given assurances we'd have a pitch

Depends who’s given us the assurances. The statement says the Arena not Wasps. Could be the appointment of an administrator and who the administrator is has already been decided and they’ll formally step into that roll tomorrow but we’ve already had informal talks with them ahead of that and received the assurances required. The administrators job is to run the business until a solution can be found, running the business includes allowing a paying tenant to operate their business as contracted.

 

[SkyblueDad]

Just read a headline that there is talk of Wasps leaving Coventry and going back to London area merging with London Irish who are in the shit financially as well not sure if that means sharing a ground or what but I’d say it’s a pleasing headline.

 

[Gynnsthetonic]

Depends who’s given us the assurances. The statement says the Arena not Wasps. Could be the appointment of an administrator and who the administrator is has already been decided and they’ll formally step into that roll tomorrow but we’ve already had informal talks with them ahead of that and received the assurances required. The administrators job is to run the business until a solution can be found, running the business includes allowing a paying tenant to operate their business as contracted.

Derby were in admin for nearly a year and played at PP with no problems or I didn't hear of any

 

[tisza]

Its got permission for housing and has a huge retail sell on value versus purchase

So there's another council Wasps have made complete mugs of.

 

[HuckerbyDublinWhelan]

Oh God I hope so. I’m not ready to go back to League One Hucks!

Not a fan of playing in the 1st round of the FA Cup myself…

 

[chiefdave]

Meeting scheduled at training ground tomorrow....

At the training ground they've been locked out of and don't own?

Wasps 'could be set to leave' Coventry and return to their traditional home, according to reports.

The Rugby Paper has claimed that a party looking to buy Wasps could be interested in a potential merger with London Irish.

The Exiles, who play their home games at the Brentford Community Stadium, were put up for sale by owner Mick Crossnan in September.

But the experts on the Wasps forum insist Wasps couldn't possibly move to the Brentford Community Stadium as rugby wouldn't be allowed there and / or they're so big the Met can't deal with the crowds depending which version of events you believe.

 

[skybluetony176]

At the training ground they've been locked out of and don't own?

Could be they’re locked out of the Arena so have nowhere else to meet.

 

[Gynnsthetonic]

Could be they’re locked out of the Arena so have nowhere else to meet.

The Memorial Park is open to all and has a really nice independent cafe selling homemade biscuits and cakes

 

[clint van damme]

thats the issue. As you said best time to sell. We’re at the point where we think SISUs plan Culminates.

it’s now put up or shut up time. 8 years of distressing Wasps have worked, either buy the Ricoh, build a new ground or go

I agree, though I think years of rugby, and wasps in particular, over estimating their potential have been a bigger factor than sisus antics.

 

[Greggs]

The Memorial Park is open to all and has a really nice independent cafe selling homemade biscuits and cakes

but whatever you do, don't walk dogs on the golf course!

 

[Gynnsthetonic]

but whatever you do, don't walk dogs on the golf course!

Or Wasps

 

[Greggs]

Or Wasps

used to be rife with them, childhood memories of empty ice cream cream tubs filled with orange squash, they used to catch thousands of the things.

 

[torchomatic]

Today's Rugby paper

 

[chiefdave]

Exclusive: RFU backs 10-team Premiership as solution to club game's problems

Governing body's chief executive Bill Sweeney says slimmed-down top flight makes more sense but stresses the RFU are not 'anti-Championship'

www.telegraph.co.uk

slightly ironic if one of the teams pushing for a closed off Premiership ends up on the outside looking in.

 

[Frostie]

Stockholm syndrome?

 

[clint van damme]

Exclusive: RFU backs 10-team Premiership as solution to club game's problems

Governing body's chief executive Bill Sweeney says slimmed-down top flight makes more sense but stresses the RFU are not 'anti-Championship'

www.telegraph.co.uk

Fucking hilarious if one of the teams pushing for a closed off Premiership ends up on the outside looking in.

Fixed

 

[torchomatic]

Posted a few times before, but worth a read. Article in The Indy from 2014. Specifically mentions the other two options they had.

Hugh Godwin: Wasps didn't have to send themselves to Coventry
The club were invited in as partners in a new stadium near London
Hugh Godwin

There was a chance for Wasps to return near to where they were born and bred, but they decided against it. A Centre of Sports Excellence is being planned for Borehamwood, about 10 miles north of Wasps' old home (now a housing estate) in Sudbury, near Wembley.

The Premiership club were invited in as partners by the landowners, Legal & General, and the local Hertsmere Borough Council, with a 15,000-seater stadium worth £22 million and a hotel on site for added revenue. But Wasps wanted to own and control it. End of deal.


Another option was to continue ground-sharing with a football club, as Wasps and half-a-dozen others have done since rugby's Year Zero of 1995, when the sport went open and a little old clubhouse and homely single grandstand wouldn't cut it for a "customer experience".

Among the many sports clubs jockeying for position around London, in some of the world's most expensive real estate, Brentford FC have a stadium planned near Chiswick. Again, Wasps could not see the point. They wanted a better business plan.


So Wasps are off to Coventry, led by two men who have been involved with the club for barely two years: Derek Richardson, the Irish owner, and Nick Eastwood, the former Rugby Football Union financial director, who is chief executive.

There is another Wasps, of course – the amateur rugby club based in Acton, west London, who are already looking for new tenants to use the training facilities currently being rented by the professionals. For the avoidance of confusion, let's call the amateurs Wasps and the professionals Pro Wasps.

Eastwood has spent the week explaining the decision, unapologetically after the fact. Richardson, who is said to dislike the limelight, has yet to present himself to the press; perhaps he will do so when Leinster, where his rugby heart is said to lie, visit Coventry in January. Even though Pro Wasps are taking on a £13.4m loan at the Ricoh Arena to add to their existing losses, and they will need to spend on training facilities, marketing and the playing squad, they are confident in their gamble.

It is a trifecta based on rising TV revenues, a crowd ready and waiting in the Coventry area, and ancillary revenue streams at the Arena making the whole thing workable. In this Sky Blue thinking, Eastwood is predicting to break even in "three or four years".



If it comes across as ad hoc – Pro Wasps' first match at Coventry is in mid-December – then it is only in keeping with the knee-jerk nature of English rugby. Year Zero 1995 was when a coherent plan for the professional game might have been made. All we got was a mad rush to jam as many competitions into the season as possible – and if the players are smashed to smithereens, make sure there are doctors at every match to pick up the pieces.


The Rugby Football Union favour light-touch regulation. Nominally the governing body, the RFU describe the Premiership clubs as "independent". They have had nothing to say on the Coventry move other than to confirm, if anyone asked, that as long as Pro Wasps keep their academy licence in the London area, they are not flouting the regulation designed to stop a club being bought in one place and parachuted into another, treading on others' toes and avoiding the tedious hard work of fighting upwards through the leagues.


So while Pro Wasps move to Coventry, we have Pro London Welsh playing in Oxford with very few Welshmen, and Pro London Irish, similarly, employing a cosmopolitan squad in Reading. There is no Premiership club in the rugby hotbed of Cornwall; Pro Sale Sharks have lost supporters, not gained them, by moving 20 miles from Stockport to Salford, but still they strive with a vision of representing the North-west. In Leeds, we have Yorkshire Carnegie: a club or a county?

English rugby is what you might call an unplanned economy, but perhaps we should take solace in it reflecting the glory of the game itself, forever teetering between the ordered and the chaotic.

 

[GaryJones]

Today's Rugby paperView attachment 26619

Perfect solution!

 

[SBT]

So is it Mike Ashley who's the party interested in buying Wasps and then doing a merger with Irish, or someone else?

 

[Gynnsthetonic]

They need to do away with the 10001 stadium criteria too, if the stadium is safe whether it holds 20k or 4k it's safe.

 

[SHUNT31]

They need to do away with the 10001 stadium criteria too, if the stadium is safe whether it holds 20k or 4k it's safe.

Especially when majority have gates under that


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[clint van damme]

Especially when majority have gates under that


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Yeah, even if they're going to set an arbitrary figure for capacities, why is it so high?

 

[oldfiver]

Another point, if they do merge with Irish, what happens to the training ground in Henley?

Is it too far for CCFC to be interested?


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Was passed over to another wasps director and they changed the name to remove wasps from it.

Just coincidence mind you.
[/QUOTE]

I assume running costs have been coming from Coventry though or some rental agreement? So they will need a new tenant

 

[oldfiver]

Yeah, even if they're going to set an arbitrary figure for capacities, why is it so high?

RFU reduce minimum stadium capacity criteria to 5,000 for 2023

As a big relief to the clubs seeking promotion for the 2023/24 season of the Gallagher Premiership, the Rugby Football Union has relaxed minimum stadium capacity requirement to 5,000.

www.talkingrugbyunion.co.uk

 

[tisza]

Exclusive: RFU backs 10-team Premiership as solution to club game's problems

Governing body's chief executive Bill Sweeney says slimmed-down top flight makes more sense but stresses the RFU are not 'anti-Championship'

www.telegraph.co.uk

slightly ironic if one of the teams pushing for a closed off Premiership ends up on the outside looking in.

Key point is Rugby Union isn't big enough at club level to support more than 10 professional clubs. Of those several are still bankrolled by wealthy owners.
A lot of fuss around Ealing but their attendances are tiny and they just seem to have disaster written all over them when the current benefactor is no longer around to bankroll them.
If it was popular their TV contracts would be so much bigger but they are not.
There are comparisons with cricket. National team might be popular but clubs/counties aren't. Cricket another sport that tips its cap to acknowledging there are too many professional teams that can't make enough money.

 

[Gynnsthetonic]

RFU reduce minimum stadium capacity criteria to 5,000 for 2023

As a big relief to the clubs seeking promotion for the 2023/24 season of the Gallagher Premiership, the Rugby Football Union has relaxed minimum stadium capacity requirement to 5,000.

www.talkingrugbyunion.co.uk

For 1 season and if not increased your relegated

 

[Sky Blue Pete]

Stockholm syndrome?

View attachment 26620
View attachment 26621

Wonder if he’s being paid

 

[RegTheDonk]

For 1 season and if not increased your relegated

Seems almost too good to be true for Wasps.

Merge with Irish, move to Plough Lane, have a year in the Champ, get promoted and a year's grace to get the stadium capacity increased by less than 1,000.

Perhaps the local council will help them out?