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'Sent to Coventry' is a nice play on the well known phrase and like the simple design as it is personally. Some good ideas for other flags perhaps if enough fund is raised.

And herein lies the problem, the lease is now owned by Wasps, they are losing £10m every year (before covid) and are £55m in debt (again before covid). The council allowed them to mortgage the place to the heavens and they are stuck in perennial financial paralysis. Do they pay for the pitch? Do...

Yes for all the talk about indemnities and EU commission, the fact is that Wasps have to provide a playing surface for football. They can't do it, they have no track record of doing it and they have no room whatsoever in their finances to invest in it.

Surely a credible discussion about a return starts with the question of whether the current owners of the Ricoh can not only provide a playing surface of Championship standard quality but maintain it to that standard all year. We need to keep in perspective against the level of football this...

Well, there was the small point about them working in secret with new owners involved in a potential takeover. The club wasn't for sale, what possibly was it that made them think a sale could be forced? Millionaire claims he quit CCFC takeover bid because of Wasps

Ricoh should take down the sign on the stadium, take out their name from the seats and put a big logo on the front of our shirts instead.

Is it not a conversation to have with your landlord? Seems a bit off that you're having to sort it out. Anyway have had them in two houses. First time used the council pest control. Second time bought a strong grain type poison from Amazon. Just did the same as the pest control guy, put trays...

He was there a bit longer, 2017 as Commercial Director and then they split the rugby and non-rugby stuff and put in a Chief Exec for each in 2019. It was around the time Lawrence Dallaglio complained they were a business with a rugby bit attached. They've now gone back to one and put the...

Stuart Cain has walked, was Chief Exec of the non rugby part of the business. Warwickshire set to appoint Stuart Cain as new CEO | ESPNcricinfo.com Sensible to get off the boat before it meets the iceberg.

Do you think they are happy with their purchase?

Exactly, if true then it's an utterly unacceptable excuse for Wasps to seek taxpayer cash for stadium maintenance they can't afford. I'm sure the press will scrutinise any transaction rigourously..

A fine example being set by the Wasps board Director. Ex-England rugby ace Lawrence Dallaglio 'spent up to £10,000 in brothel', court hears | Daily Mail Online

@oldskyblue58 Was it possible to read from the interim accounts what was their actual cash reserve?

Presumably any insurance covering against closure of the stadium (flood, fire, terrorism) is also limited in this scenario as what is restricted is movement of people and large gatherings, not the ability of the business operationally still to trade.

They have insurance in place to cover against the closure of the Ricoh for reasons beyond their control but the question is if it's adequate to maintain cash flow if this is a prolonged closure that affects the summer schedule and large concerts. Typically they might turn to the banks to help...

Agree with that. These guys have reputations on the line, sink or swim. And under collective responsibility they have to stand behind the policy decision even if privately they don't agree with it.

What they lost in revenue from rugby or football they made up by cutting costs, mainly salaries, but they have not moved the needle at all on the losses. Sport income is down, exhibition income is down, repairs and maintenance costs are up. Cash flow is negative.

I'm not sure they do, a lot of them seem to think the results are all down to bad coaching and not the finances, unbelievable really. Seems he's the one, like most of his former top players, that's had enough and is walking away from Wasps, not the other way around. Can't blame him to salvage...

Odd they made a statement to the national media but not one word to fans on their website or social media. What chances his 'stepping back' is a fudge around the cash situation to pay up his contract.

The 2020 events schedule on the Ricoh website looks bleak to say the least, is it normal at this stage of the year? They have the two big concerts in the summer but not a lot else. Hardly think 20 dead rubber rugby fixtures are going to address a £12m profitability gap.