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Thread: Wasps

  1. #1
    Join Date
    Mar 2009
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    40,769

    Wasps

    Gone into administration..What the phook is gong on with club rugby yawnion?

    Players being paid too much money 💰?
    Or is it bad management?

  2. #2
    Quote Originally Posted by alfinyalcabo View Post
    Gone into administration..What the phook is gong on with club rugby yawnion?

    Players being paid too much money ��?
    Or is it bad management?
    Sounds like a combination of both Alfie. Sir Outwood mentioned on a different thread Morecambe and Coventry City could both be in serious bother because of their reliance on the Wasps ownership.

  3. #3
    Join Date
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    P
    Quote Originally Posted by The Bedlington Terrier View Post
    Sounds like a combination of both Alfie. Sir Outwood mentioned on a different thread Morecambe and Coventry City could both be in serious bother because of their reliance on the Wasps ownership.
    Morecambe are affected by the resignation of two directors who are owners of Worcester Warriors BT but there could be further problems within the Rugby Premiership in addition to the malaise at Wasps.

  4. #4
    Quote Originally Posted by outwoodclaret View Post
    P

    Morecambe are affected by the resignation of two directors who are owners of Worcester Warriors BT but there could be further problems within the Rugby Premiership in addition to the malaise at Wasps.
    If the Wasps home the Coventry Building Society ground is boarded up what then for the Sky Blues?

  5. #5
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    Mar 2009
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    I know we have the banter with both codes,but nobody likes to see clubs going into administration..God forbid Rugby league could well be the next with clubs going into administration..hope not but schite happens .

  6. #6
    Quote Originally Posted by alfinyalcabo View Post
    I know we have the banter with both codes,but nobody likes to see clubs going into administration..God forbid Rugby league could well be the next with clubs going into administration..hope not but schite happens .
    As always Alfie, it's us fans who suffer.

  7. #7
    Join Date
    Nov 2011
    Posts
    1,842
    Simple fact of life. If expenses exceed income you go bankrupt or in the corporate world, go into administration. In sport, clubs need either a profitable business model or shareholders who are willing and able to subsidise the business. I do like rugby union. Would I pay to watch in when I could watch football? Definitely “no”.

    Hope the Adninistrator will be able to be able to do a deal with Coventry City and Morecambe that will mean that they still have a home stadium. Sadly, the role of an Adminstrator is to sell the assets of value to repay debts.

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