Aren't we potentially going to lose ours (and worcester theirs) because of going into administration, rather than because we're being relegated?
Potentially, we may be hit with (just ) a 35 point deduction or relegation if someone comes in now before we go into administration. The offer (as far as we know) is there ,dependant on P shares being in the deal , rather than them having to buy them for £9m in future.
I’m sure if we were SISU we would have lawyers absolutely poring over the fine details as to whether the agreement drawn up was valid or not.
Just annoys me that some clubs can sink tens of millions into it and then write it off ,as well as breaking rules and ‘rugby values’ whilst others try and do it a different way and suffer big time. I include Worcester , Sale, and even Exeter & Irish in that last bit. Maybe we have to look back to John Hall and His ambition for Newcastle that sparked the over the top salaries at the beginning.
Sorry for my ramblings , but to see a club who sparked my interest after watching for the pools results at my granddads ( where was this place called Wasps or Met Police for that matter) being tossed aside ,with no simingly effort or compassion is hard to take.
Oh well ,back to the smoky black famous grouse. Yes I know Neil’s , what you are going to say about that, but after covid , it’s something I can actually taste.