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Post by valleydobson1 on Sept 4, 2024 4:59:19 GMT
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Post by ashaddick on Sept 4, 2024 6:59:31 GMT
I do love my rugby and used to follow Wasps back in the day when they played there games around London. A modern pitch should be able to withstand the rigours of both sports and it is another income source but ofcourse outside the elite league we don’t know what the gates will be.
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Post by Mundell on Sept 4, 2024 7:49:29 GMT
Potentially, a very interesting development. I wonder if GFP/SE7 might actually consider buying Wasps? The article in the Times makes the case for a club based in Kent being a hub for player development. Would there be a synergy in owning three clubs playing at the same Stadium, sharing sports science, ticketing, commercial know how, etc? I don’t know, but conceptually it’s the sort of idea that might appeal to American investors. I’m not sure how much of a P&L hit there would be?
I assume CAFC would receive the rental income due here, otherwise I imagine the club would object strongly. Question then is how this impacts the relationship with the landlord? Does it make a purchase of the assets more likely or create an opportunity for a negotiation of the lease?
I don’t imagine the Times would have published this story if it didn’t have at least some substance. I wonder if the club will now make some sort of statement?
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Post by dickybaby on Sept 4, 2024 9:14:23 GMT
Didnt read article as its behind a paywall or free trial etc...does it say where they may be interested in finding a permanent home ?
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Post by seriouslyred on Sept 4, 2024 9:34:19 GMT
Didnt read article as its behind a paywall or free trial etc...does it say where they may be interested in finding a permanent home ? They've been looking at a 28,000 capacity stadium around the Sevenoaks area but no planning permission as yet. So Wasps want to establish themselves "nearby" so as to start building their fan base. There's simply no professional rugby in Kent. Our son was at school with Grandidier who has just won gold in Paris sevens... after leaving school he played for Old Elthamians, then went to Brive in central France to develop his game. There appear to be a number of hurdles such as approval from rugby authorities, as well as Greenwich council. Wasps were big when they played at the Ricoh. Hope they can develop and deliver revenue to CAFC as we need to grow our overall revenue in order to compete. |
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Post by dickybaby on Sept 4, 2024 10:17:34 GMT
Loads of potential in non rugby heartlands to develop the game. Thinking of the players with Nigerian heritage that are coming through.
Could be an interesting opportunity for CAFC mgmt.
As an aside owning a club with a ground could be useful when it comes to negotiating for Valley and Sparrows.
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Post by se7sm on Sept 4, 2024 15:26:33 GMT
Strange one for me leasing the ground out that we don’t actually own how’s that work .
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Post by AndyB on Sept 4, 2024 17:23:07 GMT
Thought we had an infestation for a moment!
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Post by Bodiam on Sept 4, 2024 18:23:19 GMT
Thought we had an infestation for a moment! Me too! My eyes light up as that’s what I do for a living 🐝£££££££ |
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Post by manikin on Sept 4, 2024 18:34:55 GMT
Strange one for me leasing the ground out that we don’t actually own how’s that work . If it's not in the leasing agreement they can't sublet without getting permission and a new lease ( more expense ). Then there's the extra insurance costs, plus increased running expenses. I don't know what kind of gates Wasps are expecting but I can't see it adding up. |
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Post by ashaddick on Sept 4, 2024 18:49:08 GMT
Didnt read article as its behind a paywall or free trial etc...does it say where they may be interested in finding a permanent home ? I’ve heard numerous rumours one even mentioned Canterbury already the home to a fourth tier club ofcourse. |
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Post by somerton on Sept 5, 2024 11:18:11 GMT
This just fantasy. A rugby club in name only not allowed to form a team and play, because they went bankrupted owing lots of firms money.
The original club had the bright idea of moving out of SW London to Coventry because they would get bigger crowds. In doing so they screwed Coventry football club and they still failed to get the crowds.
Now some says they can get crowds by playing NW Kent SE London, the same genius who moved them to Coventry I guess.
To any one approached by them, I would say run a mile.
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Post by valleydobson1 on Sept 5, 2024 17:02:13 GMT
Anyone know what turnover Wasps Rc make a year?.
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Post by somerton on Sept 5, 2024 18:40:49 GMT
Anyone know what turnover Wasps Rc make a year?. after getting out of Administration in December 2022 having found new owners and doing some sort of deal on the £100 million debit they had, they failed to meet the RFU requirements to be allowed to play in tier 2, that is they could demonstrate where the money was coming from. They were relegated to tier 10 in May 2023. Since which they have dropped of the front pages. I have no idea, have they even played as an amateur club since relegation/ expulsion. |
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Post by valleydobson1 on Sept 5, 2024 18:50:43 GMT
Anyone know what turnover Wasps Rc make a year?. after getting out of Administration in December 2022 having found new owners and doing some sort of deal on the £100 million debit they had, they failed to meet the RFU requirements to be allowed to play in tier 2, that is they could demonstrate where the money was coming from. They were relegated to tier 10 in May 2023. Since which they have dropped of the front pages. I have no idea, have they even played as an amateur club since relegation/ expulsion. Would never afford a new stadium then?. |
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Post by skybluecharlie on Sept 8, 2024 17:41:40 GMT
Don't let Wasps anywhere near your club. They are run by the most arrogant people on the planet. They (.and our local council it has to be swid) almost destroyed our club. They have delusions of grandeur which is laughable but also to the detriment with whoever they want to operate with. Basically they are a parasite and will do whatever it takes to take what they can.
They took over our stadium and announced themselves as the " biggest club in the area"
Big crowds in the first year with lots of free tickets handed out, a massive PR programme which attracted rugby fans from all over. As the years progressed interest dropped. They were down to 6+8k by the end of it. Locals turned against them as Coventry Rugby club began to prosperand CCFC moved out yet again. By the time they left they were universally hated.
They're all talk. They don't need a stadium as big as the Valley, but no doubt they hope for Charlton to be all welcoming and perhaps in financial trouble.
Charlton fans you need to do some research on this . I'd hate them to get their claws into your stadium. You are a huge club and should at least be in the championship and whilst it may appear a good deal financially in the short term it won't be. They won't build their own stadium. Why would they when they can get one already operational.
Hope Matty Godden does a job for you.
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Post by canterburyaddick on Sept 8, 2024 19:57:44 GMT
Didnt read article as its behind a paywall or free trial etc...does it say where they may be interested in finding a permanent home ? They've been looking at a 28,000 capacity stadium around the Sevenoaks area but no planning permission as yet. So Wasps want to establish themselves "nearby" so as to start building their fan base. There's simply no professional rugby in Kent. Our son was at school with Grandidier who has just won gold in Paris sevens... after leaving school he played for Old Elthamians, then went to Brive in central France to develop his game. There appear to be a number of hurdles such as approval from rugby authorities, as well as Greenwich council. Wasps were big when they played at the Ricoh. Hope they can develop and deliver revenue to CAFC as we need to grow our overall revenue in order to compete. Er.. I believe that Canterbury RFC is still professional, or were when I last was shown the accounts. May be semi-pro. Am I wrong SR? |
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Post by richmondse10exile on Sept 21, 2024 8:12:35 GMT
Anyone know what turnover Wasps Rc make a year?. after getting out of Administration in December 2022 having found new owners and doing some sort of deal on the £100 million debit they had, they failed to meet the RFU requirements to be allowed to play in tier 2, that is they could demonstrate where the money was coming from. They were relegated to tier 10 in May 2023. Since which they have dropped of the front pages. I have no idea, have they even played as an amateur club since relegation/ expulsion. Wasps FC (the amateur arm of Wasps) continues to thrive in Acton. They aren’t an AFC Wimbledon but were what was left of Wasps (non-pro sides, Women and Minis / Youth) when the 1st XV became a separate company and moved to High Wycombe to become ‘London Wasps’. Their current talk is of building a stadium near Sevenoaks. If CAFC gain revenue share from any rental I’d be all for it. I wouldn’t like to see our owners getting involved any further as the Wasps leadership took millions from fans in bonds then went bust. |
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Post by reamsofverse on Sept 21, 2024 10:16:48 GMT
Anyone know what turnover Wasps Rc make a year?. Why are you so obsessed with clubs finances? 75% of your posts are money related? Why the OCD about something that you can't do anything about? |
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Post by Mundell on Sept 21, 2024 10:33:30 GMT
Anyone know what turnover Wasps Rc make a year?. Why are you so obsessed wityh clubs finances? 75% of your posts are money related? Why the OCD about something that you can't do anything about? To be fair, it’s quite relevant Paul. If the club can find ways to generate additional revenues then we’re likely to enjoy a higher wage budget and hence sign better players. That said, it’s by no means clear how a possible relationship with Wasps might work. If they did play at the Valley though and attracted decent crowds it’s possible the club could enjoy a decent revenue stream. An interesting aspect of this is that it suggests that with the new pitch in place the club appears to believe it can be used more often without being damaged. Only time will tell whether that’s how things would work in practice. |
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Post by valleydobson1 on Sept 21, 2024 13:14:00 GMT
Anyone know what turnover Wasps Rc make a year?. Why are you so obsessed wityh clubs finances? 75% of your posts are money related? Why the OCD about something that you can't do anything about? In the past mate I posted that on the 5th September. |
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Post by reamsofverse on Sept 21, 2024 13:38:59 GMT
Why are you so obsessed wityh clubs finances? 75% of your posts are money related? Why the OCD about something that you can't do anything about? To be fair, it’s quite relevant Paul. If the club can find ways to generate additional revenues then we’re likely to enjoy a higher wage budget and hence sign better players. That said, it’s by no means clear how a possible relationship with Wasps might work. If they did play at the Valley though and attracted decent crowds it’s possible the club could enjoy a decent revenue stream. An interesting aspect of this is that it suggests that with the new pitch in place the club appears to believe it can be used more often without being damaged. Only time will tell whether that’s how things would work in practice. Hi Chris, I make you right on what you say but I was asking valleydobson why he is obsessed with finances relating to Wasps mate not us. He asked what their turnover was which I assume is to try and guess how much we'll make out of it. The majority of his posts are about finance followed by a question mark. How could anyone know the answers to questions nobody gives a monkies about. |
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Post by garrynelson on Sept 21, 2024 13:47:26 GMT
To be fair, it’s quite relevant Paul. If the club can find ways to generate additional revenues then we’re likely to enjoy a higher wage budget and hence sign better players. That said, it’s by no means clear how a possible relationship with Wasps might work. If they did play at the Valley though and attracted decent crowds it’s possible the club could enjoy a decent revenue stream. An interesting aspect of this is that it suggests that with the new pitch in place the club appears to believe it can be used more often without being damaged. Only time will tell whether that’s how things would work in practice. Hi Chris, I make you right on what you say but I was asking valleydobson why he is obsessed with finances relating to Wasps mate not us. He asked what their turnover was which I assume is to try and guess how much we'll make out of it. The majority of his posts are about finance followed by a question mark. How could anyone know the answers to questions nobody gives a monkies about. Why does it bother you so much? Just scroll on and leave him to it |
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Post by valleydobson1 on Sept 21, 2024 14:28:58 GMT
Hi Chris, I make you right on what you say but I was asking valleydobson why he is obsessed with finances relating to Wasps mate not us. He asked what their turnover was which I assume is to try and guess how much we'll make out of it. The majority of his posts are about finance followed by a question mark. How could anyone know the answers to questions nobody gives a monkies about. Why does it bother you so much? Just scroll on and leave him to it Thanks. |
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Post by reamsofverse on Sept 21, 2024 14:46:24 GMT
Hi Chris, I make you right on what you say but I was asking valleydobson why he is obsessed with finances relating to Wasps mate not us. He asked what their turnover was which I assume is to try and guess how much we'll make out of it. The majority of his posts are about finance followed by a question mark. How could anyone know the answers to questions nobody gives a monkies about. Why does it bother you so much? Just scroll on and leave him to it Shame why people can't take your lead on the Wrexham thread!! In truth fella, I'm sick and tired of reading somebody posting on here like 10 year-old. |
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