Could they go for a straight liquidation and do away with admin. They don't have any assets as the training ground has been moved to an individual rather than through the company. All they have is a lease on the stadium. The players are worthless as no transfer fees involved in rugby.
Is an overseas investor likely? Rugby doesn't have the global reach of football, could be a big ask. You wouldn't be looking at Wasps, the Premiership or the UK economy in general and think it was a great opportunity to make money.
You'd think it would need to be someone who is in someway connected to the club, even if only as a fan, which raises the question why are they leaving it so late.
We had an American who said he could buy us, saying you can do it to the press and actually putting your money up and going through with it are very different things.Jim O'Toole says consortium can pay £17.5m to save Worcester Warriors immediately
Exclusive: American-backed group can cover losses of £16m plus £1.5m administration costs to get club back in action as early as next weekwww.telegraph.co.uk U.S. to host Rugby World Cups in 2031, 2033
The United States will stage a Rugby World Cup for the first time as the host of the men’s tournament in 2031 and the women’s tournament two years later.olympics.nbcsports.com
If he just stuck to his political views everyone on here would be lapping up his every word
You are correct that if people with dumb views only shared other views that I agreed with instead, I would like them more. Might even invite them over for a photo op!
I doubt in truth anyone would have a photo op with you unless they do a barrista of the day award in South Croydon
Are you sure you want to go down the route of who’d look better in a photo op?
I doubt in truth anyone would have a photo op with you unless they do a barrista of the day award in South Croydon
Are you sure you want to go down the route of who’d look better in a photo op?
If you two send each other dick pics, please make sure it goes through DMs
Still got 3 hours to hit the deadline !
We had an American who said he could buy us, saying you can do it to the press and actually putting your money up and going through with it are very different things.
Think having the World Cup in the US says more about the ongoing misguided idea that there will be huge expansion in the game and it will rival football rather than there being a fanbase ready and waiting.
Lets be honest, even when the World Cup is hosted here its barely noticeable outside the rugby community.
There are some serious US companies looking at rugby union as a franchise opportunity . They will try anything as they have the backing for a gamble
Everything will be more difficultHow Pete?
I don't see how. Our lease will remain in place, and we move to our new stadium when that's over.Everything will be more difficult
Am I right in thinking it'll be 10 days since intention to appoint administrators tomorrow? Does that mean they'll officially be in admin tomorrow if nothing happens?
I’m no expert but pretty sure it isn’t plain sailing now and it will only get more difficult. Listened to the rugby show on radio 5 last night and they were saying Worcester were evil and devious and wasps have just got unlucky. MmmmI don't see how. Our lease will remain in place, and we move to our new stadium when that's over.
Strange how the online store still not selling anything
I’m no expert but pretty sure it isn’t plain sailing now and it will only get more difficult. Listened to the rugby show on radio 5 last night and they were saying Worcester were evil and devious and wasps have just got unlucky. Mmmm
In what way? For us?
I'm guessing they have just listened to the Wasps PR bullshit.
You’ve said before grendel and I now agree. It feels like there’s no guarantee of games from one week to the nextIt’s potentially more difficult if it actually goes into administration as the administrator will run it and appoint a new buyer
it also depends on the robustness of our lease and the terms around it. Almost certainly if we advanced pitch repair payments they will be lost and unless there are clauses on maintenance then we have no more say on future repairs
You’ve said before grendel and I now agree. It feels like there’s no guarantee of games from one week to the next
Could open a whole can of worms. Does the Wasps company we actually have the rent contract with be one of those wound up?In what way? For us?
I'm guessing they have just listened to the Wasps PR bullshit.
They are also probably owed a lot of money by waspsI don’t know who does the catering? IEC? Again ig margins are slim administrators can I assume to cut initial expenditure and close a lot of the outlets
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