You are always wellcome a few miles East & we have a nice terrace with reasonable priced beer, the team even wins the odd game.

The more you look into where Wasps money comes from, the murkier it gets. The trading company (the rugby club itself) is owned by a holding company in the UK. That UK holding company is then owned by two Maltese parent companies, on which details are scarce.

Wasps have a history of being owned by individuals with a large amount of personal wealth, going back to the likes of Chris Wright (former head of Chrysalis Records and chairman of QPR). The club got a seven figure sum about eight years ago from the sale of its former training pitches and home at Sudbury for development.

So it's not like Wasps have developed their business model, grown organically and had the cash reserves to buy half the Ricoh. Someone, somewhere (probably through the Maltese holding companies) has stumped up the cash for them to make that purchase, probably as a loan.

Casino licenses seem much easier in UK these days. Maybe leagues clubs like Sydney has with casinos/ slot machines attached?

And does penrith (spelling) still have the slot machines and the golf and pony tracking and restaurant and cinema they did when i was last their in 1992 (god thats a long time ago )

Quote: Andy Gilder "The more you look into where Wasps money comes from, the murkier it gets. The trading company (the rugby club itself) is owned by a holding company in the UK. That UK holding company is then owned by two Maltese parent companies, on which details are scarce. Wasps have a history of being owned by individuals with a large amount of personal wealth, going back to the likes of Chris Wright (former head of Chrysalis Records and chairman of QPR). The club got a seven figure sum about eight years ago from the sale of its former training pitches and home at Sudbury for development. So it's not like Wasps have developed their business model, grown organically and had the cash reserves to buy half the Ricoh. Someone, somewhere (probably through the Maltese holding companies) has stumped up the cash for them to make that purchase, probably as a loan.'" I live and work in Coventry the new home of wasps, they are now trying to raise £25m -£35m by issuing bonds:- www.thisismoney.co.uk/money/mark ... hange.html

Quote: Andy Gilder "The more you look into where Wasps money comes from, the murkier it gets. The trading company (the rugby club itself) is owned by a holding company in the UK. That UK holding company is then owned by two Maltese parent companies, on which details are scarce. Wasps have a history of being owned by individuals with a large amount of personal wealth, going back to the likes of Chris Wright (former head of Chrysalis Records and chairman of QPR). The club got a seven figure sum about eight years ago from the sale of its former training pitches and home at Sudbury for development. So it's not like Wasps have developed their business model, grown organically and had the cash reserves to buy half the Ricoh. Someone, somewhere (probably through the Maltese holding companies) has stumped up the cash for them to make that purchase, probably as a loan.'" I live and work in Coventry the new home of wasps, they are now trying to raise £25m -£35m by issuing bonds:- www.thisismoney.co.uk/money/mark ... hange.html

Yeah, maybe we could rent it just like you guys...

San Francisco built its new $1.2billion stadium financed by fans alone! www.smh.com.au/rugby-league/leag ... mvxbb.html

San Francisco built its new $1.2billion stadium financed by fans alone! www.smh.com.au/rugby-league/leag ... mvxbb.html

The proposed new Wakefield stadium, which I acknowledge has now hit the buffers, was to have had a restaurant, hotel, the largest conferencing facility in Yorkshire and commercial sports facilities like 5-aside 3Gs for rent as well as the hospitality etc that would be in the stadium.

Such a shame that it's been the subject of some very shady highway robbery tactics by those trusted to deliver it.

Be interesting to know how many fans from their old bases go and watch in Cov. And what the ticket pricing is like. And how much damage it has done to Coventry RU

I agree but the problem for Wakey would have been that they were only tenants not owners. So they wouldn't get the revenue from that.

if Wasps can do this, Why couldn't the RFL?

Why couldn't the game build a 20k stadium with a casino, hotel, conference centre, etc, in say Wakefield, and have both clubs rent it, providing 2 clubs with facilities and making the game money?

Is it only because people would complain of favouritism?

Him,

From what I'm told, have read and I'm lead to believe the
Wakefield Stadium Trust were to be handed the stadium to run with the profits going to the Rugby League team

If the RFL were to build such a complex it would have to have a larger stadium or it wouldn't work. The sports major events with the exception of The Challenge Cup and Grand Final would have to be played there.

CC semi finals
Magic weekend
Major Play Off Games
Internationals
Your and Junior Internationals

What you'd be creating is a smaller version of Twickenham