Big News

[Rossm]

Article in today's Guardian.

Storm clouds hang over Premiership with clubs facing uncertain future

https://www.theguardian.com/sport/2022/sep/03/storm-clouds-hang-over-premiership-with-clubs-facing-uncertain-future

[Neils]

Diamond’s pithiest soundbite – “A top-class rugby union player is a Coronation Street actor compared to a Premiership footballer who is a Hollywood star”

Not wrong

[coddy]

Diamond’s pithiest soundbite – “A top-class rugby union player is a Coronation Street actor compared to a Premiership footballer who is a Hollywood star”

Not wrong

Not wrong indeed, especially when you factor in Premiership Rugby Players earn approximately the same money in a year what the Premier League Footballers earn in a week.

[SBSam]

Wasps have biggest debt in RU according to Mail on Sunday, £112m with £9.5m to HMRC. Does make you wonder who would lend, and at what rate, to repay the bondholders.

[WonkyWasp]

Is the Mail correct??

[bigad82]

Wasps have biggest debt in RU according to Mail on Sunday, £112m with £9.5m to HMRC. Does make you wonder who would lend, and at what rate, to repay the bondholders.

And yet our lodgers look like they will go into administration first.
Looks like the SISU backers have had enough.

[Heathen]

Is the Mail correct??

Do the numbers. Our income has been very low for the last 3 years. £37.5 M bond, interest paid probably £20 M and not finished. Salaries, tax bills, stadium upkeep, Derek's loans .....................................++++

[Shugs]

The interest paid is not debt though. 112m sounds too high. Certainly not seen any accounts with that on.

[Vespula Vulgaris]

Is the Mail correct??

No.