Within the next 5 years?
Read after 5 or 6 years.
Well, that is no different to Wasps starting as Henley Wasps next season and working their way up (heavy presumption they would get promoted in successive years).
So. Let's think about this. Let's say Wasps say, 'We are NOT waiting for the RFU, let's just get started now.'
Let's say they put money in to it. Not a lot needed, but enough to get a better squad each year then the league they are in (after all, all the other clubs are amateur, yes?). Is there a rule saying you must be amateur outside the Championship, or is that merely the reality of small club finances?
In effect, for not a lot of money, Wasps buy promotion each year. Isn't that what Cecil Duckworth did with Worcester Warriors?
How would you feel being the club that didn't get promotion that year? Pretty plssed. Is it possible they have already been shouting at the RFU (at county level I would guess).
Wasps (and Warriors) new owners both said, with the PRL being ring fenced, rugby creditors cannot be paid, as we cannot raise the finance. The PRL sugar daddies are happy without us, and so refuse to budge on that one, and insist on ring fencing as the price for their continued 'investment'.
The arguments simply don't work. The RFU are panicking, trying to obfuscate and delay. I say to Wasps, get your finger out, get the process started and get back in to a league. Don't wait for the RFU to make up its mind. It can't and won't.