Has he mentioned their director dabbling with the brothel? Thought not. That would mean actual reporting.I see Bridge has got his crayons out again and written another one of his fantastic stories asking what Wasps fans think of the Sky Blues not returning.
As much as I'd love it to be Wasps. If their predicament is as bad as people say, can we see them overspending on players??Please baby Jesus
Interesting quotes from the Exeter chairman about the downside of having auxiliary businesses around the club - Exeter's Rowe warns of financial issues
Rowe says that while the conferencing business and central revenues from rugby - such as television rights and Rugby Football Union funding - help pay the bills, the club's biggest source of revenue is still matchday income.
"Everybody has held up Exeter as the ideal business and a profitable club because we have Sandy Park conference and banqueting that pays the day-to-day bills and then we have all these bums on seats for matchdays," added Rowe, whose leadership helped guide the club to the top flight in 2010.
"However, for the last five months that's been a millstone around our necks. At the moment we can't earn any revenue, yet our outgoings remain the same.
"What was to a degree our 'golden goose' in having Sandy Park pay the bills and the overheads, whilst the matchdays were the big earners, both of those income streams have currently gone."
they were the only top flight club showing a profit before the COVID. This imposed salary reduction merely limits the damage for now but if clubs survive they're facing a reduced new TV contract ( minus the bit they sold CVC) according to some sources. Whereas PL rugby seem to think they can insist on a dedicated channel and improved TV monies in their next deal.Interesting quotes from the Exeter chairman about the downside of having auxiliary businesses around the club - Exeter's Rowe warns of financial issues
Rowe says that while the conferencing business and central revenues from rugby - such as television rights and Rugby Football Union funding - help pay the bills, the club's biggest source of revenue is still matchday income.
"Everybody has held up Exeter as the ideal business and a profitable club because we have Sandy Park conference and banqueting that pays the day-to-day bills and then we have all these bums on seats for matchdays," added Rowe, whose leadership helped guide the club to the top flight in 2010.
"However, for the last five months that's been a millstone around our necks. At the moment we can't earn any revenue, yet our outgoings remain the same.
"What was to a degree our 'golden goose' in having Sandy Park pay the bills and the overheads, whilst the matchdays were the big earners, both of those income streams have currently gone."
Interesting quotes from the Exeter chairman about the downside of having auxiliary businesses around the club - Exeter's Rowe warns of financial issues
Rowe says that while the conferencing business and central revenues from rugby - such as television rights and Rugby Football Union funding - help pay the bills, the club's biggest source of revenue is still matchday income.
"Everybody has held up Exeter as the ideal business and a profitable club because we have Sandy Park conference and banqueting that pays the day-to-day bills and then we have all these bums on seats for matchdays," added Rowe, whose leadership helped guide the club to the top flight in 2010.
"However, for the last five months that's been a millstone around our necks. At the moment we can't earn any revenue, yet our outgoings remain the same.
"What was to a degree our 'golden goose' in having Sandy Park pay the bills and the overheads, whilst the matchdays were the big earners, both of those income streams have currently gone."
Won't happen. Even if it's allowed and companies have the cash, they'll be cautious so not do it and / or want a cheap deal. It'lll also cost vastly more to set up the space.Wasps forum thinking £££s will roll in from 1st October when events (business, not concerts etc) can start. Trouble is, businesses will be cutting back expenditure in this area due to financial impact of Cov-id. Think they are likely in for an elongated shock.
Wasps forum thinking £££s will roll in from 1st October when events (business, not concerts etc) can start. Trouble is, businesses will be cutting back expenditure in this area due to financial impact of Cov-id. Think they are likely in for an elongated shock.
Ex were preparing that model 15 or more years ago when they were still being beaten by the likes of Cov.
They sold the County Ground and bought cheap land virtually overhanging a motorway, and had SW Comms pumping in cash (still do).
It's still a fairly poor ground with mostly temporary accomodation except for the main building, and the lavish plans for expansion just keep going back.
The advantage they have (had, pre-Covid), events-wise, is the lack of competition in Devon. A few small hotel conference rooms at best. Up here, the Ricoh is up against it.
They'll come out of it OK, but it'll be a while before they turn a profit again.
About the location thing though...how many big companies go down to Devon to host their annual conference? The issue with the Ricoh is that you have a lot of competition for event hosting in the Midlands.
About the location thing though...how many big companies go down to Devon to host their annual conference? The issue with the Ricoh is that you have a lot of competition for event hosting in the Midlands.
Good point NW - hadn't even thought about that. The additional costs for making a space 'safe/compliant' will make such events even less attractive to a business/organisation. Much as I want Wasps to implode, it is sad for these businesses, event venues (like NEC etc) that they are being so badly hit. Very early on in the Cov-id outbreak, I helped out a lady over a parking fine issue in Stratford. Turns out she worked for the RSC and asked for my contact details so she could let me have some free tickets when they were open (may be a long time coming!)It'lll also cost vastly more to set up the space.
Our company is redecorating the offices and moving teams to a new premises and we are still being told not to go back to offices for work until January at the earliest.Won't happen. Even if it's allowed and companies have the cash, they'll be cautious so not do it and / or want a cheap deal. It'lll also cost vastly more to set up the space.
Plus I suspect we might see further lockdowns etc. come the autumn / winter. You'd certainly be unwise to budget expecting it all to happen...
Our company is redecorating the offices and moving teams to a new premises and we are still being told not to go back to offices for work until January at the earliest.
If we need to go to the office, we have to let all the site security and facilities teams know well in advance.
No team-building events, offsite meetings or conferences as there usually would be.
WFH til January...
Mines the same. There’s no rush to move Us back to the office whilst systems are holding up from homeOur company is redecorating the offices and moving teams to a new premises and we are still being told not to go back to offices for work until January at the earliest.
If we need to go to the office, we have to let all the site security and facilities teams know well in advance.
No team-building events, offsite meetings or conferences as there usually would be.
WFH til January...
In fact meeting wise we’re utilising WebEx and Zoom more. Is imagine most companies will for conferences and meetingsMines the same. There’s no rush to move Us back to the office whilst systems are holding up from home
Turns out she worked for the RSC and asked for my contact details so she could let me have some free tickets when they were open (may be a long time coming!)
weren't rolling in before so pretty optimistic of them.Wasps forum thinking £££s will roll in from 1st October when events (business, not concerts etc) can start. Trouble is, businesses will be cutting back expenditure in this area due to financial impact of Cov-id. Think they are likely in for an elongated shock.
I currently work for a very large Car Salvage company.What line of work is this win9nut? if you don't mind me asking (i'm assuming a lot of employees can work from home?)
Zoom, Skype and Teams, Webex etc have proved invaluable for most businesses I reckon.In fact meeting wise we’re utilising WebEx and Zoom more. Is imagine most companies will for conferences and meetings
I've just had a look on the Wasps forum, some utterly deluded arseholes on there. Matt82 being number 1 currently.
Even if Coventry, if you're putting on an event why would you use the Ricoh when you've got the University of Warwick's excellent facility in the city?
In fact meeting wise we’re utilising WebEx and Zoom more. Is imagine most companies will for conferences and meetings
Yes, it has accommodation, I've stayed there a few times. It's impressive, excellent dining etc.Not being local, I can't say that I'm aware of it FP. Does the UoW facility have accommodation attached? If not, there's one reason.
There could be many reasons though...the hotel at the Ricoh is managed by Hilton on Franchised basis. Hilton's sales engine and reach is for greater than many of the other local 'rivals' when it comes to facility promotion etc.
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