Big News

[Heathen]

Reading the contents of the email circulated to our STHs, there would appear to be a pretty positive view going forward.

The club have done the right thing in keeping stum regarding what has been happening behind the scenes. And doing so to such an extent, that the 4th estate have to clutch at straws and fabricate something that thay think is a headline with an edge.

[Agosto blond snowpack]

Reading the contents of the email circulated to our STHs, there would appear to be a pretty positive view going forward.


The club have done the right thing in keeping stum regarding what has been happening behind the scenes. And doing so to such an extent, that the 4th estate have to clutch at straws and fabricate something that thay think is a headline with an edge.

Commercial side of any business normally operates in isolation

Worcester also have a “business as usual” approach

https://twitter.com/WorcsWarriors/status/1560354903595286529?s=20&t=VUPQr6VrGsTslZJZupTp0w

[WonkyWasp]

Imo Heathen is  pretty close to the truth.

[SBSam]

https://texttospeech.uk/premier-league-clubs-get-124m-in-taxpayer-money/

[Agosto blond snowpack]

This article is pretty eye watering. The sport got more Covid bail outs than any other

Worcester seem pretty certain to go into administration next week owing £14 m of public money.

https://texttospeech.uk/premier-league-clubs-get-124m-in-taxpayer-money/

[Agosto blond snowpack]

Snap

[Agosto blond snowpack]

Telegraph 'Sport:     Headed Worcester Warriors:  Very small piece 'apologising'  -   The headline of our article about Worcester Warriors incorrectly stated they have received a winding-up order.  In fact.  as reported in this article, they have received a winding-up petition and the club have stated that a solution, which would  secure the long-term future of the club, has been approved.   We apologise  for the error in  our headline.  -  The motto of this sorry story is "Never listen  listen to Chinese whispers.  Or newspapers".

It’s hardly Chinese whispers. A winding up petition is when a creditor is requesting an order for non payment. The figure will be significant and the HMRC will have made requests for payment which have been refused

Worcester acknowledge the action is in progress and a court will judge if there is any hope of payment

What nearly always actually happens is the winding up petition leads to administration- this is likely to happen next week with the tax bill believed to be £6 million

[BlackAndGoldSunglasses]

So if Worcester go into administration what does that mean for the league, in practical terms?

I assume they won't be alllowed to fulfil their fixtures?

[Steve from Cov]

So if Worcester go into administration what does that mean for the league, in practical terms?

I assume they won't be alllowed to fulfil their fixtures?

We are due to play Worcester at the CBS on Christmas Eve - by far our most lucrative fixture of the season ☹️

[JonnyD]

Telegraph are saying that if all clubs agree to it there will be a salary cap dispensation for clubs to sign any Worcester players if the club go into administration.

Hopefully our transfer block could be lifted for a few options there?

[Shugs]

Yes, saw that. All a bit distasteful at the moment- almost picking over the bones before they’ve had it. I suppose it will help the players but not the club. As far as we’re concerned the obvious target for me would be Lawrence. But I genuinely hope Wuss survive.

[Chunky24]

Telegraph are saying that if all clubs agree to it there will be a salary cap dispensation for clubs to sign any Worcester players if the club go into administration.

Hopefully our transfer block could be lifted for a few options there?

Be tough on players at all clubs who have already been let go because of salary cap restrictions.

[Rossm]

Telegraph are saying that if all clubs agree to it there will be a salary cap dispensation for clubs to sign any Worcester players if the club go into administration.

Hopefully our transfer block could be lifted for a few options there?

Be tough on players at all clubs who have already been let go because of salary cap restrictions.

Indeed.

[BlackAndGoldSunglasses]

Yes, saw that. All a bit distasteful at the moment- almost picking over the bones before they’ve had it. I suppose it will help the players but not the club. As far as we’re concerned the obvious target for me would be Lawrence. But I genuinely hope Wuss survive.

Likewise, think it's all a bit distateful. Having said that, Duhan van der Merwe, anyone?

[SBSam]

I have to say this, I’m afraid. Shouldn’t Wasps sort out their own financial issues before taking on more expense in the form of players?