Nick
Administrator
Want it wetherspoons?
Want it wetherspoons?Has anybody heard that wasps own the rowleys green club and are going to turn it into a supporters club? Another place to avoid and I can’t see it being a money spinner apart from a few days a year, but a nice bit of land if they knock it down to build houses in after it fails.
Want it wetherspoons?
Probably believes any old shit thenThe guy who told my parents is a former city fan who now is a life long wasps fan, another thing destined to fail who would go there most days.
Yeah, as if the place would survive on a dozen Wasps matches a season. These people are stupidProbably believes any old shit then
Yeah, as if the place would survive on a dozen Wasps matches a season. These people are stupid
Well they're on the way to eternal survival/ stagnation after what the RFU has done today, almost cementing the closed shop of Prem Rugby .
Article in the Cov Rugby thread for anyone who hasn't seen.
Don't think a cut in funding will hurt Saracens will it? They are in this position because they had too much money they wanted to spend if anything.It seems as if they are really trying to do a job on Saracens as well.
Relegate them, slash funding.
It seems as if they are really trying to do a job on Saracens as well.
Relegate them, slash funding.
It's pretty much that now. And it's shit.I don't get them. There's no relagation in american sports but there are shit laods of teams so it stays interesting. I don't know where the entertainment value is in playing the same 12 sides year after year.
Think its a stupid route to go down. For a start you've created a league where every year all but a handful of games will be meaningless. What makes them think fans of lower half sides will keep paying week in week out to watch meaningless matches, or that the TV audience will bother tuning in?It's pretty much that now. And it's shit.
Think its a stupid route to go down. For a start you've created a league where every year all but a handful of games will be meaningless. What makes them think fans of lower half sides will keep paying week in week out to watch meaningless matches, or that the TV audience will bother tuning in?
Seems a bit of a house of cards as well. What happens when the teams at the bottom start deciding they're better off in the Championship? Can't think of a closed league in this country that hasn't run into problems when teams have decided their long term future is better elsewhere.
Think its a stupid route to go down. For a start you've created a league where every year all but a handful of games will be meaningless. What makes them think fans of lower half sides will keep paying week in week out to watch meaningless matches, or that the TV audience will bother tuning in?
Seems a bit of a house of cards as well. What happens when the teams at the bottom start deciding they're better off in the Championship? Can't think of a closed league in this country that hasn't run into problems when teams have decided their long term future is better elsewhere.
It's basically already there as one way or another you qualify for europe every seasonAllegedly there are plans for some form of European league system
Couldn't agree moreShort-termist thinking from PRL, as you’ve said there will be a breaking point where fans of Worcester etc think “this is utterly pointless”. But no, owners look at it like an increase in value of the club due to the premium position they hold. Next thing to go will be the salary cap and then all but a couple are fucked.
Few comments on Facebook from some of their new fans about being sick of them losing all the time. I pointed out that Cov RFC win a lot more on average so they'd be better spending their money there. It isn't as if half of these people know what the difference is between 'top class' (sic) and ordinary rugbyIn what would have been a relegation playoff today they got battered.
Like that they lost again, but wouldn't necessarily describe 18-9 as a battering.In what would have been a relegation playoff today they got battered.
Yes Wombles. Of course we are. But it is our only asset as well as being a loss making white elephant. It’s literally ( for rugby attendance and hollow experience) and financially too big for us
What I mean is the bond holders have collateral over any assets and unless we can find a spare £35m ( no further city financing will be available based on our horrendous losses) , and more to repay Derek, they will enforce a fire sale
Certainly a long way from being the wealthiest club in Europe, which is what we were touted as being when we bought the Ricoh, casino etc and all.
Thanks to Derek for helping us through all this, very generous indeed. But he’s a businessman as well as Wasps fan, and can’t sustain these losses.
Worrying times indeed.
The financials are, in my view, a disaster.
Until just before Xmas it was my job to set the price of the Wasps bond (and a whole bunch of others), so while I am not an analyst or accountant, we did keep an eye on the numbers. They look awful to me. I dare say the club thinks it has a plan but after they breached the covenants and tried to remedy the situation by pretending that an injection from DR counted towards profit I don’t have much faith. The stadium, far from being an asset, seems to be a drain on profitability.
Haha haha fucking classic. I’m going to have a massive party when they go pop.
They WILL go down next season. That’s not simply hatred for the bastards it’s simply due to the fact they are absolutely broke and staying alive simply down to a owner who is reckless with his money and payments thrown at them from the saracans fine and the money given to them by the rugby league ownership change last year.If it weren't for Saracens I'm convinced Wasps would've been relegated.
Let's hope Newcastle are strong enough to stay up next season!
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That's the best bit about it for the shallow bandwagon fans.It really isn’t what these shallow idiots that follow them thought they were getting, they expected wins, trophy’s and razzmatazz.
If most are from London/London area wouldn’t they be better off long term having a Phoenix club in London so they don’t have to keep coming to Coventry for games?That's the best bit about it for the shallow bandwagon fans.
For the lifelong genuine fans I feel sorry for them.
Work with a lifelong fan who hasn’t been to a game since they moved. They’d reform in London if they went bust and their proper fans would prefer it that way.That's the best bit about it for the shallow bandwagon fans.
For the lifelong genuine fans I feel sorry for them.
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