rob9872
Well-Known Member
I keep reading that people see no way back to the Ricoh this time around, so does anyone know the timeline on this round of events and when it will be resolved? Eg will it be within the 12 month's exile?
Presumably if they find in favour of under-sold, Wasps go bust. If they find in favour of a fair deal, that concludes proceedings and there is no requirement to indemnify losses and negotiation can then be reached between the two parties. Of course the objective is to distress Wasps so that they can't cope with the loss of revenue (no European rugby either), but if there are no more legals after that, what then blocks any likely long term deal being struck?
Presumably if they find in favour of under-sold, Wasps go bust. If they find in favour of a fair deal, that concludes proceedings and there is no requirement to indemnify losses and negotiation can then be reached between the two parties. Of course the objective is to distress Wasps so that they can't cope with the loss of revenue (no European rugby either), but if there are no more legals after that, what then blocks any likely long term deal being struck?