Always a Wasp

General Category => Wasps Rugby Discussion => Topic started by: Neils on November 30, 2022, 08:04:16 AM

Title: Worcester Bidder given Two Weeks Extra
Post by: Neils on November 30, 2022, 08:04:16 AM
https://www.bbc.co.uk/sport/rugby-union/63800190

Suspect this is down to proven RFU/PRL delay/ineptitude.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: jamestaylor002 on November 30, 2022, 10:59:15 AM
I hope it works out for Worcester and will certainly be going down to spend my money there if they get back up and running.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: NellyWellyWaspy on November 30, 2022, 11:06:41 AM
I hope it works out for Worcester and will certainly be going down to spend my money there if they get back up and running.

I have been down at Sixways many times (it is not too far for me to ride over to). Always a warm welcome and really great fans.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: bigad82 on January 08, 2023, 12:13:18 PM
Steve Diamonds crew have passed the RFU fit and proper test.
Good news for the warriors.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Rossm on January 08, 2023, 12:59:08 PM
https://www.bbc.co.uk/sport/rugby-union/63800190

Suspect this is down to proven RFU/PRL delay/ineptitude.

More likely they're not back from their Christmas/New Year hols. Ineptitude yet to kick in.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: coddy on January 08, 2023, 08:19:47 PM
Steve Diamonds crew have passed the RFU fit and proper test.
Good news for the warriors.


Good news indeed, hopefully we'll see our fellow stricken club in the Championship later this year.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: bigad82 on February 01, 2023, 03:32:37 PM
O'Toole it is then quite a shock.....
https://www.bbc.co.uk/sport/rugby-union/64487553
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Neils on February 01, 2023, 03:44:38 PM
O'Toole it is then quite a shock.....
https://www.bbc.co.uk/sport/rugby-union/64487553

This is the bid that the RFU rejected is it not. The Americans seemed not too bothered about rugby. Next steps?
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: baldpaul101 on February 01, 2023, 04:08:40 PM
Not sure it was ever rejected, just delayed as some of the investors were concerned at the data the RFU/PRL wanted for their fit & proper owner test. Assume that's all been agreed now & it can press ahead. Good luck to them!


Title: Re: Worcester Bidder given Two Weeks Extra
Post by: NellyWellyWaspy on February 01, 2023, 04:09:07 PM
O'Toole it is then quite a shock.....
https://www.bbc.co.uk/sport/rugby-union/64487553

This is the bid that the RFU rejected is it not. The Americans seemed not too bothered about rugby. Next steps?

The RFU rejected the deal because the American backers would not come clean about where their money was coming from. I wonder what changed? I doubt the RFU got what they wanted to see. Anybody interested in some fudge?
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Neils on February 01, 2023, 04:19:55 PM
Apparently they still have to get agreement from the RFU. Strange statement appears to have been made that elite rugby will be played at Sixways. The RFU has the final say for England so a desire to go to the URC ain't an option.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: baldpaul101 on February 01, 2023, 04:26:23 PM
I stand corrected. the RFGU did reject teh original offer

"The RFU said it had "put forward a number of conditions" for the prospective buyers, including commitments not to dispose of land around Sixways and the "swift" payment of rugby creditors.

"The bidders, selected by the administrators of the insolvent WRFC Trading Limited, have informed us that they are not prepared to meet these conditions, and therefore the RFU board was unable to approve their application," a statement continued.

"The RFU will now work with the administrator to enable alternative bids that would secure professional rugby at Sixways and to work together in a timetable to enable that to happen."



Not sure what would be the point of buying Warriors if they didn't have RFU approval, unless of course you want the other assets....
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: bigad82 on February 05, 2023, 12:52:27 PM
Getting a little messy at Six ways.......
Worcester takeover sparks rift between RFU and administrators https://mol.im/a/11714853 via https://dailym.ai/android
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Bloke in North Dorset on February 05, 2023, 02:05:45 PM
Isn't it the Administrator's job, legal obligation, to get the best price he can for the assets? In which case if the new owners haven't or can't pass a fit and proper persons test that shouldn't the Administrator's problem?
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Neils on February 06, 2023, 07:41:38 AM
Things not straightforward at Worcester  -

https://www.cityam.com/worcester-warriors-sale-in-spotlight-over-administrators-email-to-witness/
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: baldpaul101 on February 06, 2023, 10:21:36 AM
Quote
Isn't it the Administrator's job, legal obligation, to get the best price he can for the assets? In which case if the new owners haven't or can't pass a fit and proper persons test that shouldn't the Administrator's problem?

I think the question should be, if a buyer can't pass the fit & proper persons test & meet the RFU's conditions, then why would the want to buy a rugby club that won't be able to play any rugby?

Unless its for the assets.....?
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: NellyWellyWaspy on February 06, 2023, 11:32:41 AM
Isn't it the Administrator's job, legal obligation, to get the best price he can for the assets? In which case if the new owners haven't or can't pass a fit and proper persons test that shouldn't the Administrator's problem?

Correct. The administrator owes no duty to the RFU. They simply sell for the highest price. It is what Jim O'Toole wants. He wants the RFU to get up in a twist and refuse to accept WW back. That will let him play the good guy and say, I tried my best, but I guess I will have to sell the land a stadium now for development, the RFU have left me no choice. After all, what else can you do with a rugby stadium if the RFU won't let you play rugby there? It is, you have never been there, in a prime distribution location, right on J6 of the M5.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: baldpaul101 on February 06, 2023, 12:00:33 PM
How ironic it would be if the fit & proper person test which is applied to stop someone buying a  club & stripping it of its assets ends up causing just that?
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Bloke in North Dorset on February 06, 2023, 12:02:55 PM
A very good location indeed and a nice ground, so it would be a shame to lose it.

As I've said before, when it comes to a fit and proper persons test: Quis custodiet ipsos custodes?

At this point its hard to see Jim O'Toole doing any worse damage to the reputation of rugby than has and is currently being done.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: NellyWellyWaspy on February 06, 2023, 12:20:30 PM
As I've said before, when it comes to a fit and proper persons test: Quis custodiet ipsos custodes?

I always felt that had the potential for a sketch in the Life of Brian.

Two Roman guards, standing in the middle of nowhere (desert). One says to the other.

'So, what you doing here?'

'On guard duty.'

'What are you guarding?'

Guard looks around. 'You.'

'Well, if you're guarding me, who's guarding you?'

'You are.'

'Oh, right you are.'
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Bloke in North Dorset on February 07, 2023, 05:28:23 AM
As I've said before, when it comes to a fit and proper persons test: Quis custodiet ipsos custodes?

I always felt that had the potential for a sketch in the Life of Brian.

Two Roman guards, standing in the middle of nowhere (desert). One says to the other.

'So, what you doing here?'

'On guard duty.'

'What are you guarding?'

Guard looks around. 'You.'

'Well, if you're guarding me, who's guarding you?'

'You are.'

'Oh, right you are.'
That reminds me of the joke that modern planes are so sophisticated that they only need a pilot and a dog in the cockpit:

What's dog the do there for?

To make sure the pilot doesn't touch anything

What's the pilot there for?

To feed the dog.

On that note, I was on one of the first 747s to do an automatic landing at Heathrow. It was an excellent landing, one of the smoothest I've been on, and the pilot said that if we hadn't had the automatic landing system it was so foggy we'd have had either a long hold or diversion.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: NellyWellyWaspy on February 07, 2023, 08:30:17 AM
And so, one week of the two weeks has passed. Not so much as a whiff of smoke from the chimney.
Title: Re: Worcester Bidder given Two Weeks Extra
Post by: Bloke in North Dorset on February 07, 2023, 11:00:40 AM
And so, one week of the two weeks has passed. Not so much as a whiff of smoke from the chimney.
Schr?dinger's Wasps.