"Wasps to become richest rugby club in the world"
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"Wasps to become richest rugby club in the world"
First topic message reminder :
http://www.bbc.com/sport/0/rugby-union/32476299
http://www.bbc.com/sport/0/rugby-union/32476299
On Monday they will become the first sports club to launch a retail bond listed on the London Stock Exchange, which is expected to raise up to £35m. That means Wasps are set to pass French giants Toulouse in terms of revenue. "We expect to be in that position either at end of this season or next season," said Wasps' David Armstrong.
The big rise in revenue is a result of Wasps, who beat Exeter on Sunday to consolidate sixth place in the Premiership, buying the Ricoh Arena and moving from High Wycombe to play in the Midlands. Speaking to BBC Radio 5 live, the Wasps chief executive added: "We were previously the second-lowest revenue-generating club in Premiership rugby. We are now the second highest in Europe.
Rugby Fan- Moderator
- Posts : 8216
Join date : 2012-09-14
Re: "Wasps to become richest rugby club in the world"
I hope they can keep it up. Crowds like that only help to show off rugby in a good light. With the RWC later this year and the right marketing Wasps could be having some very strong attendances next year.
Coleman- Posts : 1554
Join date : 2011-06-02
Location : Cardiff
Re: "Wasps to become richest rugby club in the world"
They will rarely sell out - we may well see more away fans than home ones on Saturday, but if the can keep pulling in around 20k then they are doing well.
LondonTiger- Moderator
- Posts : 23485
Join date : 2011-02-10
Re: "Wasps to become richest rugby club in the world"
Coleman wrote:I hope they can keep it up. Crowds like that only help to show off rugby in a good light. With the RWC later this year and the right marketing Wasps could be having some very strong attendances next year.
mixed with the income they will get from the various corporate services they could become one of the top teams again
nathan- Posts : 11033
Join date : 2011-06-14
Location : Leicestershire
Re: "Wasps to become richest rugby club in the world"
Yep - 16k-18k attendances on average each week would be very impressive from effectively a standing start in a new area/stadium.
European rugby likely as not next season. Increased cap. Ring fenced Premiership on the way. Improved TV deal monies on the way.
What's not to like?
Wasps and Exeter could be the two real success stories of the Premiership.
European rugby likely as not next season. Increased cap. Ring fenced Premiership on the way. Improved TV deal monies on the way.
What's not to like?
Wasps and Exeter could be the two real success stories of the Premiership.
Pot Hale- Posts : 7781
Join date : 2011-06-05
Age : 62
Location : North East
Re: "Wasps to become richest rugby club in the world"
Pot Hale wrote:Yep - 16k-18k attendances on average each week would be very impressive from effectively a standing start in a new area/stadium.
European rugby likely as not next season. Increased cap. Ring fenced Premiership on the way. Improved TV deal monies on the way.
What's not to like?
Wasps and Exeter could be the two real success stories of the Premiership.
http://www.coventrytelegraph.net/news/coventry-news/wasps-pay-back-134m-ricoh-9201559
BigTrevsbigmac- Posts : 3342
Join date : 2011-05-15
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