Will Wasps fail? ............ from what I can see then there is no reason to be sure of that
Income levels - well yes Wasps will have access to all the income streams. In addition there is a premium to some of those income streams because it is a successful Premiership Rugby team as opposed to a struggling L1 football team (wasn't it mentioned somewhere that additional sponsorship had been attracted because of the Wasps Ricoh deal?). The non sporting side is well established and recognised. The comments that ACL is failing by some do not seem to be being bourne out. At Adams Park they received very little other than ticket sales apparently not the case at the Ricoh. The spend per head of a rugby crowd is significantly higher than a football crowd....... etc
Costs - Will Wasps pay any rent at all? that could be a saving. If crowds are not big then parts of the ground will be shut. There is no costs associated with segregation of fans. Policing and stewarding costs can be reduced to minimum health & safety levels. Are there many evening kickoffs if not then the costs of power for instance are reduced.Plus the rents to other stadium users contribute to the pitch maintenance In theory what they need to cover in terms of cost on the sporting side is probably reduced.
Losses - well yes they did show losses in recent years but that was before the takeover and before the above changes. Their biggest contribution to losses will be players & staff wages and that it would seem is controlled. So are losses guaranteed ? That's before adding in any profits from the non sporting side.
Value - well that has just increased hasn't it? They have a 250 year lease. There is a top complex hosting premiership & European rugby. the main sporting club is likely to become profitable and the non sporting side has been in all but the first year since it started.
The idea that it will fail seems to hinge on crowds being low - I would suggest that is not at all certain. In addition there is support for the cost of such a situation because of the access to non sporting incomes.
It is very galling to think that all that and more should have been CCFC's ..... place some blame on the ACL stakeholders as you want to or not, but the over riding reason why it is not is the fault of successive owners and directors of CCFC (in which ever company that the club sat or sits)
