Wasps downward spiral... (37 Viewers)
- Thread starter CCFC54321
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Sky Blue Pete
Well-Known Member
Ccfc have paid for the work I’m pretty sure they are expecting it to be covered in some way
duffer
Well-Known Member
That they'd even still be considering bailing out a failing sports franchise whilst actively reducing support to those who need it most, is ridiculous.
Council defends summer holiday food voucher cuts for Coventry's poorest children
Kids on free school meals got a fifth less this year
Coventry City Council is not fit for purpose and Kevin Maton disgraces the office he holds.
Wasps are obviously in deep financial mire. The only reason for offering them any financial support is because their failure might embarrass those who enabled their move to the City. It's political cowardice of the very worst kind.
Kneeza
Well-Known Member
Not me, no. I may have commented about the fact that they could be docked many, many points (as Sarries were a couple of seasons ago) but not be relegated due to the current moratorium on it.
However, if the RFU were to regrow the bollocks it once had when they sent Richmond and London Scottish, and later, Rugby Lions and London Welsh to the bottom of the pond for financial miscreance, then maybe it could happen.
This of course relies on the RFU both having the stones and the will to drop one of its favourite children - so very unlikely. The other clubs were seen as hindrances. Wasps seem to be part of the unimpeachable golden family.
MalcSB
Well-Known Member
I think the points deduction would be 35 at least. I am not sure that relegation for financial impropriety can be entirely ruled out in these particular circumstances. It is still a sanction in RFU regulations and would address the issue the Premiership has in that their are 13 teams, not 12, in that league. When such a sanction could apply depends on when an insolvency event occurs. They have already pushed it back beyond release of the fixtures and will almost certainly have pushed it beyond the first match of the season, two key dates unless it can be shown they have manipulated things.
Absolutely. I remember how badly the RFU had it in for Welsh, they did not want them up there. It was almost like everyone was looking down upon them, and there was that whole thing with the stadium.
shepardo01
Well-Known Member
Here's their reply on the non payment of tax. (Couresty of Bobby)
One comment sticks out... "robust business model"!
One comment sticks out... "robust business model"!
Grendel
Well-Known Member
Frostie
Well-Known Member
shepardo01
Well-Known Member
Only thing is, they have a new set of "fans" who are in powerful and influential positions.... unfortunately, it is all about them....
chiefdave
Well-Known Member
How many times are they going to try this rubbish. Every few months we hear about how the arena is busier than ever and record breaking amounts of business but they still lose millions.
Not sure there's a single concert currently scheduled is there so that parts bollocks to start off with.
Brighton Sky Blue
Well-Known Member
This is bat shit crazy talk from London wasps….
Nick
Administrator
Thing is, it just gets copied and pasted from Bridge with zero challenge.
chiefdave
Well-Known Member
Christmas bingo though, don't know why anyone is worried that will be a huge money spinner. The events seem increasingly like events you get in your local town hall or uni rather than an exhibition space, things like job fairs. The order book looks pretty empty looking at that.
Nick
Administrator
Yes but that will appease Wasps fans as they won't actually want to fact check.
The other week I had somebody telling me that the arena it's self makes a fortune.
shepardo01
Well-Known Member
Lieing in their filed accounts now!!??
Nick
Administrator
Not the first time
INVESTIGATION: Wasps fail to come clean with public over ‘falsified evidence’ and ‘overriding’ management controls to falsify accounts
WASPS are refusing to come clean publicly after last week's astonishing revelations from auditors PwC that
coventryobserver.co.uk
steveo1987
Well-Known Member
Isn't this guy one of the ones who was behind all the parody accounts? Part of the trust or involved in the council (parodies) lot who were posting some weird stuff?
Attachments
steveo1987
Well-Known Member
Another one on twitter with some extremely bizarre rants, all pro wasps.
Nick
Administrator
If you look at their posting history, they seem to pipe down for months then just appear in over drive when anything negative comes out about wasps.
LastGarrison
Well-Known Member
Looking at his Insta, I've got numerous friends in common, including a poster on here
, so don't think he's some dodgy council/Wasps burner account.Think it's just a Bulkington thing.
steveo1987
Well-Known Member
He does have historyLooking at his Insta, I've got numerous friends in common, including a poster on here
Think it's just a Bulkington thing.
clint van damme
Well-Known Member
fernandopartridge
Well-Known Member
I know Hatty, he's a nice lad but for whatever reason loves the Wasps, worth a wind up on Twitter.
Terry Gibson's perm
Well-Known Member
Typical bridge story quick look at Worcester they are same all deflection and bollocks.
Gynnsthetonic
Well-Known Member
Almost an anagram of Italiahorse
shepardo01
Well-Known Member
Update - new shop to open in new atrium- kit to be announced.....
Can't comment on financials (is bailout coming!?)
Can't comment on financials (is bailout coming!?)
Peter Billing Eyes
Well-Known Member
So they can afford a new club shop but not a playing surface. ****ing scandalous.
shepardo01
Well-Known Member
Got a feeling the grant for the "new atruim" (porch) may well have paid for the shop..... whilst probably some of the millions have also found their way into the debt black hole....
