How Much Do Wasps Players Get Paid?
WouterEarlier this week, the Rugby Football Union suspended Wasps from the Gallagher Premiership after the club announced it would be entering administration. The club is one of a number of clubs in the UK that have struggled financially over the past few years, as rising wages for top players have hampered clubs’ revenues.
The club has drawn interest from prospective new owners. But the RFU has warned it will be forced to reapply to lift the suspension, and that the suspension is likely to remain for the remainder of the season.
Wasps has been a renowned club, with a history of great rugby. It has won six Premiership Rugby titles and one European Challenge Cup. It is also the home of some of the game’s most famous players, including Danny Cipriani and Lima Sopoaga.
Wasps and Worcester Warriors have been struggling financially for some time. They are in relegation. They have accrued debts of around £25 million. They have also struggled to generate income for their stadium.
When Wasps entered administration, it was revealed that the club would no longer be able to pay its players and staff. It had already made 167 redundancies. It also owed around PS2 million to HM Revenue & Customs, and had over PS35 million in debts.
Wasps players were left in tears when they learned of their fate. It is thought they were given the news at a meeting at their training ground in Henley-in-Arden. They were told that they would no longer be able to prepare for fixtures, and would have to look for loan moves.
