How Much Is Wasps Rugby Worth?
WouterDuring the 2000s Wasps dominated English rugby union. They won 12 major titles. They were crowned European Champions twice, won two European Rugby Champions Cups and won three Anglo-Welsh Cups. They also successfully defended their Tetley’s Bitter Cup title.
They are now in administration. They have over £35 million in debts. They owe millions to different parties. They are also owed money to HMRC.
They have been applying for money from the WMCA. They have also drawn interest from prospective new owners. The club’s owners have not commented on the application. They have also failed to provide a plan to pay off their debts.
Wasps were last in the Pilkington Cup final in 1987. They have also reached the final of the Tetley’s Bitter Cup in 1999. The team have also won three consecutive English Championships from 2003 to 2005. They have also won one European Challenge Cup.
They have a large exhibition hall at their venue and the site is also home to a hotel and Grovesnor Casino. The site is owned by different companies. If the site is sold to someone else, Wasps will have to find a new stadium.
The club’s average gate was 8564 after two games this season. They are ranked sixth in Europe for the average gate.
Wasps have drawn interest from several prospective buyers. One of them is Mike Ashley, the owner of Newcastle United. He was also interested in buying Derby County earlier this year.
