stupot07
Well-Known Member
We can only hope.
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With the abuse the Wasps get from some City fans on here I doubt they would even bother thinking about it.
How much profit did CCFC make last year?
With the abuse the Wasps get from some City fans on here I doubt they would even bother thinking about it.
Why?
Why would they seriously want it?
Wish they would anything bar the idiots we have now.
We could use the wasps home kit as our second kit and they could use ours as theirs.
Because although you don't want to sell at "the bottom of a business cycle" thats the ideal time to buy.
So you think if there was a deal out there for Wasps to buy CCFC, and it could make money for the cold hard businessmen or women that own it, they would seriously turn it down because of the shit we spout on this fourm?
I doubt it.
But MGI are in the entertainment/casino business. Wasps is their first ever sports franchise and helped them secure the Ricoh (with it's casino etc).
I'm not sure I've seen anyone mention the financial restraints that exist for both clubs.
Wasps have a wage salary cap enforced on them by the Premiership. CCFC have the FFP. So Wasps are limited in how much they can invest into their club and the more CCFC make they can invest more. If they came under one umbrella they could both benefit. Lets face it both clubs have the ability to be successful and make money if run properly ( I know we can only dream of that with SISU in charge). That is surely what MGI want so I think it is feasible that a merger of the clubs could be worth a look at. Plus, if CCFC do leave for there own ground the rental income from CCFC becomes a non isssue.
I might be naive or ill informed but I would be interested to hear peoples perspectives.
I'm not sure I've seen anyone mention the financial restraints that exist for both clubs.
Wasps have a wage salary cap enforced on them by the Premiership. CCFC have the FFP. So Wasps are limited in how much they can invest into their club and the more CCFC make they can invest more. If they came under one umbrella they could both benefit. Lets face it both clubs have the ability to be successful and make money if run properly ( I know we can only dream of that with SISU in charge). That is surely what MGI want so I think it is feasible that a merger of the clubs could be worth a look at. Plus, if CCFC do leave for there own ground the rental income from CCFC becomes a non isssue.
I might be naive or ill informed but I would be interested to hear peoples perspectives.
I think Wasps are capped (like the others) at £4.76M so that appears to be regardless of income. Obviously they would want to be in profit.
FL cap is % of income, in effect Wasps could let us have a proportion of income without a direct effect on their wage cap.
I think it pays for them to get the balance right to encourage CCFC to stay but make a small but not total profit from them.
Guessing though, as I don't know what the current ACL agreement with CCFC is.
But as SISU have requested an extension to 5 years I'm hoping it suits the club by providing incomes and can be made into a permanent agreement.
This thread isn't about rental agreement it's about whether wasps will buy ccfc.
£5.5m plus 2 players excluded.
http://www.theguardian.com/sport/2014/sep/17/premiership-rugby-salary-cap-level-rise-mark-mccafferty
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Seems pointless then as they have categorically said that they will not buy CCFC.
Would anyone seriously expect them to come out with any other statement at this stage?Seems pointless then as they have categorically said that they will not buy CCFC.
Would anyone seriously expect them to come out with any other statement at this stage?
Don't know about you but I know how I would go about it.Are you suggesting we shouldn't believe their public statements?
Don't know about you but I know how I would go about it.
Don't know about you but I know how I would go about it.
Let's wait and see shall we but don't forget you heard it first hereMe thinks you're going to be disappointed...
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Let's wait and see shall we but don't forget you heard it first here
Great. Literally can't wait. It will save me a few quid when I give up my ST, at least I'll be able to dedicate more time to golf.
#nowaspsincov
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A good walk...ruined.
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