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Wasps/Worcester
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Camquin View Drop Down
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Originally posted by Kimbo Kimbo wrote:

Originally posted by Raider999 Raider999 wrote:

Start from the bottom with a clean slate.

Gives them time to get a team and raise enough money to build proposed stadium
If you listen to the pests that currently infest the Cov unoffy forum (well, they probably have nothing better to do) it seems it's their God-given right to fetch-up at level two, and they can't see any contrary argument.
I think its called entitled mate. They are in the proper person club and the plebs should know their place.
Dont kick it. Pick it up and GO FORWARD.
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Originally posted by FHLH FHLH wrote:

Originally posted by islander islander wrote:

Wasps keeping their options open... Confused


"...... have held talks with the URC about relocating to the cross-border competition, although there is also the option of competing in Premiership 2, which is what the second tier Championship is set to be named."

Sounds like admission to Prem2 is a foregone conclusion 


Yes. This journo, Steffan Thomas is generally on the money.
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Points: 5265 		Post Options Post Options   Thanks (0) Thanks(0)   Quote FHLH Quote  Post ReplyReply Direct Link To This Post Posted: 27 Oct 2023 at 10:59
Originally posted by islander islander wrote:

Wasps keeping their options open... Confused


"...... have held talks with the URC about relocating to the cross-border competition, although there is also the option of competing in Premiership 2, which is what the second tier Championship is set to be named."

Sounds like admission to Prem2 is a foregone conclusion 
"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Wasps keeping their options open... Confused
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Points: 6211 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Kimbo Quote  Post ReplyReply Direct Link To This Post Posted: 27 Oct 2023 at 07:59
Originally posted by Raider999 Raider999 wrote:

Start from the bottom with a clean slate.

Gives them time to get a team and raise enough money to build proposed stadium
If you listen to the pests that currently infest the Cov unoffy forum (well, they probably have nothing better to do) it seems it's their God-given right to fetch-up at level two, and they can't see any contrary argument.
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Points: 4434 		Post Options Post Options   Thanks (1) Thanks(1)   Quote Raider999 Quote  Post ReplyReply Direct Link To This Post Posted: 26 Oct 2023 at 15:29
Start from the bottom with a clean slate.

Gives them time to get a team and raise enough money to build proposed stadium
RAID ON
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Points: 412 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Count Ford Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 22:49
Yes. I'm sure insolvency law is very different from what the RFU regulations require. But essentially if someone wants to retain the league place then they need to pay those rugby creditors, along with whatever they need to settle through insolvency law. I quite understand they probably don't want to get involved with the debts of a previous company, so If they don't have the finance or will to do so, then they can either buy into another existing club or they can start from the bottom and build something.

Its a defence against clubs running up ridiculous debts, folding the company and just starting afresh with no consequences. 

Originally posted by FHLH FHLH wrote:

Originally posted by Count Ford Count Ford wrote:

Surely paying the rugby creditors is one of the things the RFU has got right. They can't stop anyone buying the club and they can't stop anyone refusing to pay debts they legally may not have to, but they can stop them rejoining the leagues (at a similar level) until they repay those debts. It's a condition of entry and it would be a complete farce if they waive it for Worcester, Wasps or any other club.

If they don't want to repay those specific rugby creditors, they don't have to. They just need to be prepared to enter at the bottom of the pyramid. Seems only fair


 

I think payment of rugby creditors in preference to other creditors or payment of just rugby creditors only is not how insolvency works. If paying 100% of rugby creditors you need to pay 100% of all creditors - otherwise cash must be distributed equally



Edited by Count Ford - 25 Oct 2023 at 22:53
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Originally posted by Count Ford Count Ford wrote:

Surely paying the rugby creditors is one of the things the RFU has got right. They can't stop anyone buying the club and they can't stop anyone refusing to pay debts they legally may not have to, but they can stop them rejoining the leagues (at a similar level) until they repay those debts. It's a condition of entry and it would be a complete farce if they waive it for Worcester, Wasps or any other club.

If they don't want to repay those specific rugby creditors, they don't have to. They just need to be prepared to enter at the bottom of the pyramid. Seems only fair

I think payment of rugby creditors in preference to other creditors or payment of just rugby creditors only is not how insolvency works. If paying 100% of rugby creditors you need to pay 100% of all creditors - otherwise cash must be distributed equally
"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Points: 1721 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Thatbloke Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 20:44
So we're all getting our knickers in a twist about Prem1/Prem2 - 10 in each, knock on effects down below, will it or will it not be funded properly, will it include/exclude Worcs, Wasps, Irish, will there be "franchise teams" And then Lo-and-behold the RFU reveal they are in discussions about an English/Irish (maybe Scots&Welsh) league - you really couldn't make it up. Absolutely barmy and the running of our much-loved game just carries on going from bad to worse
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Points: 6211 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Kimbo Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 20:21
Originally posted by Count Ford Count Ford wrote:

Surely paying the rugby creditors is one of the things the RFU has got right. They can't stop anyone buying the club and they can't stop anyone refusing to pay debts they legally may not have to, but they can stop them rejoining the leagues (at a similar level) until they repay those debts. It's a condition of entry and it would be a complete farce if they waive it for Worcester, Wasps or any other club.

If they don't want to repay those specific rugby creditors, they don't have to. They just need to be prepared to enter at the bottom of the pyramid. Seems only fair
I don't think too many would argue with that. I certainly wouldn't.
However, it's the mere fact that they major on the rugby side. The fact that far more is owed to businesses around Coventry interests me more though - and doesn't seem to bother the RFU particularly.
Maybe I'm wrong, but I'd take a bit of persuading.
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Points: 2979 		Post Options Post Options   Thanks (0) Thanks(0)   Quote castleparknight Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 19:24
Originally posted by Count Ford Count Ford wrote:

Surely paying the rugby creditors is one of the things the RFU has got right. They can't stop anyone buying the club and they can't stop anyone refusing to pay debts they legally may not have to, but they can stop them rejoining the leagues (at a similar level) until they repay those debts. It's a condition of entry and it would be a complete farce if they waive it for Worcester, Wasps or any other club.

If they don't want to repay those specific rugby creditors, they don't have to. They just need to be prepared to enter at the bottom of the pyramid. Seems only fair

Well said
Onward and Upwards C'mon Donny!
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Points: 412 		Post Options Post Options   Thanks (1) Thanks(1)   Quote Count Ford Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 18:00
Surely paying the rugby creditors is one of the things the RFU has got right. They can't stop anyone buying the club and they can't stop anyone refusing to pay debts they legally may not have to, but they can stop them rejoining the leagues (at a similar level) until they repay those debts. It's a condition of entry and it would be a complete farce if they waive it for Worcester, Wasps or any other club.

If they don't want to repay those specific rugby creditors, they don't have to. They just need to be prepared to enter at the bottom of the pyramid. Seems only fair


Edited by Count Ford - 25 Oct 2023 at 18:05
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Rabbie Burns View Drop Down
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We are struggling to get 500 at the moment Camquin, hopefully with the RWC over with and Richmond & Rosslyn park to come next month we may see a pick up
So many Christians not enough Lions
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Glad I'm not the only sad old git that remembers that then LOL
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Camquin View Drop Down
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Points: 11158 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 15:24
It is OK, I have Huckleberryly Pear my milk.

That should have been the past participle of drink


Edited by Camquin - 25 Oct 2023 at 15:25
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Originally posted by Kimbo Kimbo wrote:

Who are they?

(Never mind).

Exactly (in a scouse accent)
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Who are they?

(Never mind).
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Camquin View Drop Down
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Points: 11158 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Camquin Quote  Post ReplyReply Direct Link To This Post Posted: 25 Oct 2023 at 14:54
And therein lies much of the problem.

There is no interest in lower level rugby, so there is no coverage, so there is no interest, so there is no coverage.

Meanwhile, the football pools ensured that the classified Soccer results were read out, so everyone had heard of Accrington Stanley.

GIllingham FC at level 4 gets 6,000 fans. Blackheath at level 3 struggles to get 1,000.
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Originally posted by gerg_861 gerg_861 wrote:

Interestingly, in my office I had two different people who live in Kent both say that they were really excited by this idea as they didn't have any fully professional sport in the area. I pointed out that if they wanted to watch Rugby, they could go to Blackheath (amongst other clubs) which they acknowledged, but didn't seem at all enthused by.

They're wrong about the "no fully professional sport" in the county. They have clearly never heard of Kent County Cricket Club.

But I think that shows what kind of people it would appeal to. The casual who knows nothing of rugby and only knows the "brand" of an ex-pro club to pique interest.
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