Wasps go to bottom of the pyramid (7 Viewers)

[Terry Gibson's perm]

“thanks for keeping us informed Pudsey”

I’m fairly certain the wasps signage will never be seen there again thankfully.

 

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[fernandopartridge]

wonkywasp “Kent you don’t know how lucky you are to have wasps”

shugs “great to get away from the corrupt and stale premiership”

They are like a parody of themselves

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[fernandopartridge]

wonkywasp “Kent you don’t know how lucky you are to have wasps”

shugs “great to get away from the corrupt and stale premiership”

Has wonky forgotten that Wasps ceased to exist quite some time ago?

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[hamertime]

Me when wasps went pop

 

[MalcSB]

What's the point in this?



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Email from Wasps today:-

Malcolm,

Wasps continues its substantial efforts to return the men's and women's teams to the highest level possible of performance rugby. In October 2023 we outlined the three pillars that define our intent and our direction of travel. They are:

A competition entity
One that is fit for purpose and reflects the values that WASPS and others adhere to.

Sustainable finance
The cornerstone of our recovery relies on sustainable finance and a robust business plan that avoids a single point of failure.

A stadium in which to play
We have made substantial progress in the establishment of a suitable ground in which to play as we progress the planning for our new stadium.

What has changed?
We can now inform you that we have secured the core Sustainable finance and a temporary stadium location in the Greater London/Kent area, aligning with our strategic plans to eventually relocate to Kent. All we are waiting for is a competition to join that will allow us to compete at the highest level - and one that shares our values.

As we navigate through our most challenging period, this is a call to all of you who have shared this journey with us. Whatever entity we join will want to know the level of support we enjoy. By signing up to our new database, you're not just showing support; you're becoming a foundational part of our return.

Every sign-up is a step towards revival, a testament to the enduring legacy and the future potential of our club - your club. Be part of our story.

Please take a minute to sign the pledge and share with your friends and family.

 

[Sick Boy]

“One that shares our values”.

 

[chiefdave]

We can now inform you that we have secured the core Sustainable finance and a temporary stadium location in the Greater London/Kent area

This doesn't pass the smell test. You can't secure a new stadium without planning permission so are they planning to share / steal someone elses? Which unlucky set of fans are getting this sprung on them?

 

[fernandopartridge]

Have they provided a copy of their privacy policy?

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[Grendel]

Has wonky forgotten that Wasps ceased to exist quite some time ago?

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She is about 90 to be fair

 

[tisza]

Email from Wasps today:-

Malcolm,

Wasps continues its substantial efforts to return the men's and women's teams to the highest level possible of performance rugby. In October 2023 we outlined the three pillars that define our intent and our direction of travel. They are:

A competition entity
One that is fit for purpose and reflects the values that WASPS and others adhere to.

Sustainable finance
The cornerstone of our recovery relies on sustainable finance and a robust business plan that avoids a single point of failure.

A stadium in which to play
We have made substantial progress in the establishment of a suitable ground in which to play as we progress the planning for our new stadium.

What has changed?
We can now inform you that we have secured the core Sustainable finance and a temporary stadium location in the Greater London/Kent area, aligning with our strategic plans to eventually relocate to Kent. All we are waiting for is a competition to join that will allow us to compete at the highest level - and one that shares our values.

As we navigate through our most challenging period, this is a call to all of you who have shared this journey with us. Whatever entity we join will want to know the level of support we enjoy. By signing up to our new database, you're not just showing support; you're becoming a foundational part of our return.

Every sign-up is a step towards revival, a testament to the enduring legacy and the future potential of our club - your club. Be part of our story.

Please take a minute to sign the pledge and share with your friends and family.

Using a picture of Dallaglio for a document highlighting sustainable finance is either ironic or extremely stupid

 

[Sick Boy]

I had a look on their site earlier and it seems that a fair few seem to have seen through the bullshit, at last.

 

[Kneeza]

She is about 90 to be fair

That young?

 

[Kneeza]

Just read a bit on DW, even more deluded and arrogant cocks than they were when they actually had a rugby club to support.

Didn't think that possible to be fair, so fair fucks!

TBF, there are only about three of the fuckwits left on there.

 

[Frostie]

 

[clint van damme]

Every kitman knows

 

[clint van damme]

Arent City owed something?
Is a list of creditors available?

 

[ovduk78]

It really is disgraceful that a company can fail owing this much money and the owners, who probably have a lot of this money, can just try & restart the business in another name & not have to pay their debts.

 

[Sky Blue Pete]

It really is disgraceful that a company can fail owing this much money and the owners, who probably have a lot of this money, can just try & restart the business in another name & not have to pay their debts.

That’s business

 

[TomRad85]

I struggle to feel sympathy for anyone who knowingly got into bed with Wasps tbh.

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[Grendel]

That’s business

Sort of but if directors knowingly were trading when insolvent there is an argument they were acting illegally

 

[Sky Blue Pete]

Sort of but if directors knowingly were trading when insolvent there is an argument they were acting illegally

I agree
Doesn’t ever happen does it
Still communicate with some of the key players, there’s an ongoing case

 

[StrettoBoy]

Arent City owed something?
Is a list of creditors available?

According to the BBC we are owed about £465,000:

 

[MalcSB]

According to the BBC we are owed about £465,000:

View attachment 35741

So we will get £4,700 to £5,800 back. And the transfer window is open. Hoorah!!!

 

[Grendel]

Arent City owed something?
Is a list of creditors available?

The majority of the debt to public bodies is £14m Covid loan and £7m to HMRC

 

[Nick]

Sort of but if directors knowingly were trading when insolvent there is an argument they were acting illegally

Especially getting work done on credit by local companies

 

[OffenhamSkyBlue]

It really is disgraceful that a company can fail owing this much money and the owners, who probably have a lot of this money, can just try & restart the business in another name & not have to pay their debts.

It's essentially Mike Ashley's entire business model, isn't it? (Although, for the avoidance of doubt, he isn't generally involved in their operation before they crash and he buys them for a song out of administration/insolvency, and hasn't done anything illegal)

 

[StrettoBoy]

It's essentially Mike Ashley's entire business model, isn't it? (Although, for the avoidance of doubt, he isn't generally involved in their operation before they crash and he buys them for a song out of administration/insolvency, and hasn't done anything illegal)

He certainly has done a lot of that.

I suppose it's good that someone is prepared to buy these failed businesses out of administration in order to secure some of the jobs.

His business plan then usually requires job losses and probably lower pay and worse terms and conditions. Although that isn't great for the workforce these failed businesses need cost saving measures to make them viable.

 

[fernandopartridge]

Having a little chuckle to myself remembering plenty on this forum going on about the great businessmen running Wasps and MMM's love of Nick Eastwood. I think Freddie Eastwood would have done a better job than that clown.

 

[HuckerbyDublinWhelan]

Having a little chuckle to myself remembering plenty on this forum going on about the great businessmen running Wasps and MMM's love of Nick Eastwood. I think Freddie Eastwood would have done a better job than that clown.

Anybody heard from italiahorse? Must be still waiting for Wasps to pick up the pieces

 

[OffenhamSkyBlue]

He certainly has done a lot of that.

I suppose it's good that someone is prepared to buy these failed businesses out of administration in order to secure some of the jobs.

His business plan then usually requires job losses and probably lower pay and worse terms and conditions. Although that isn't great for the workforce these failed businesses need cost saving measures to make them viable.

aka Asset Stripper extraordinaire!

 

[Nick]

Having a little chuckle to myself remembering plenty on this forum going on about the great businessmen running Wasps and MMM's love of Nick Eastwood. I think Freddie Eastwood would have done a better job than that clown.

Wouldn't listen though, would they?

 

[Sky Blue Pete]

Having a little chuckle to myself remembering plenty on this forum going on about the great businessmen running Wasps and MMM's love of Nick Eastwood. I think Freddie Eastwood would have done a better job than that clown.

And most jumped on to new roles destroying other sporting organisations

 

[Grendel]

Some classic stuff on this thread

Back to being the biggest club in Coventry?

I'll leave the playing Dumb to you. When Wasps starting showing a real interest in the Ricoh it was empty and available. So what you're suggesting is with your "example" is that Glasgow ladies will have the stadium built for them by the local authorities and then vacate it and move 35miles away...

www.skybluestalk.co.uk

 

[TomRad85]

Some classic stuff on this thread

Back to being the biggest club in Coventry?

I'll leave the playing Dumb to you. When Wasps starting showing a real interest in the Ricoh it was empty and available. So what you're suggesting is with your "example" is that Glasgow ladies will have the stadium built for them by the local authorities and then vacate it and move 35miles away...

www.skybluestalk.co.uk

Hilarious

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[Travs]

Some classic stuff on this thread

Back to being the biggest club in Coventry?

I'll leave the playing Dumb to you. When Wasps starting showing a real interest in the Ricoh it was empty and available. So what you're suggesting is with your "example" is that Glasgow ladies will have the stadium built for them by the local authorities and then vacate it and move 35miles away...

www.skybluestalk.co.uk

This was an interesting snippet....

"Celebrating Wasps failure is all well and good but the majority on here who wet their pants over it seem incapable of noticing that we'll probably fail long before they do."