There have been extensive threads on DWs discussing London Wasps' ownership etc seemingly built on "fresh air" and
which I opted not to read or bother with.

This piece by David Thorne is worth us all reading.
[nb I have not copied the whole article]


" As I’ve been at London Wasps for a few months now in the role of interim CEO, I thought it would be a good time to introduce myself and give you an insight into what’s been going on at the Club during that period.

I joined the Club with a background in marketing, specialising in sports and events in a number of countries including Australia, New Zealand, Italy and the UK. My role with Wasps has been to work with both the previous and current ownership to work on re-establishing the Club as a leading rugby brand both here and overseas.

We’ve been working really hard behind the scenes at stabilising the Club financially first and foremost. There are a lot of suppliers who have been extremely patient and that have been incredibly loyal to the Club throughout a period of major turbulence, so we’ve been working our way through this and ensuring that they have started to be paid while also thanking them for standing by us. Without the goodwill of some of our major suppliers London Wasps would not be where we are today - that is looking forward with optimism - and we are eternally grateful to them.

The Club is in debt, and will be for some time and make no mistake: there is still a lot of work to do to achieve a position where that is no longer the case. It is not an immediate fix but we do have a facility to allow the Club to re-establish itself.

In terms of the board make-up, we are still working through what personnel and structure we need to provide a good balance of business, while acknowledging London Wasps’ heritage, and hopefully we’ll be able to confirm who and what that looks like very soon. The intention is to announce the full board when completed rather than as appointments are made and to disclose the ownership of London Wasps Holdings.

We’ve also had an office move to manage - and now we are looking at strengthening our back-office team which we again look to make some announcements regarding key appointments in the very near future. These will include a new Financial Director to take the club forward.

Sponsorship has been one area which has been difficult to finalise, given the timing of the takeover, but we are at a very advanced stage of negotiations with a brand we feel can become a major part of the Club in the long term. We are also in discussions with a number of sponsors in different categories that will work in with that brand.

It is important to understand that we are looking at strategic, long term commercial relationships that have the potential to extend for many years to come."

David Thorne ....... continues with another 300+ words dealing with marketing/support/STH etc at Adams Park.

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dixiewasp



Edited 5 time(s). Last edit at 21/11/2012 10:14 by dixiewasp.

Excellent and for me, realistic.
Had it been rosier, i would have had greater concerns.

i for one like the sound of this and look forward to welcoming new sponsors and more details as they happen.

i have no doubt the work going on is in the best long term interests of the club and see no reason not to give David Thorne the benefit of the doubt and full support

For my part, i will be inviting friends to come watch games at AP and increase support if i can.

Hope many share my view

Amazing, a thread with nothing but conjecture in it runs for pages, one with some facts in and no ones interested.

Ah, but conjecture's much more fun.

Actually - other than the information about David Thorne himself, there's nothing really new there. But silence creates a vaccuum - and from a vaccuum all sorts of conjecture springs.

All the club needs to do is keep the dialogue going.

mmmm.... bit concerned about the sponsorship being close.

Wife has said she will be buying me a new shirt for Xmas, and I like it without a sponsor's logo

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Roger

Quote:

bald.paul.101
Amazing, a thread with nothing but conjecture in it runs for pages, one with some facts in and no ones interested.

Ah, such is the nature of noticeboards like this one!

Good news that at least something has been said....even if it's nothing new, it's a start.

Roger, you'll be okay. Being a woman, your wife will be finalising her Christmas buying well before 5pm on Christmas Eve.

Dobbin,

You don't know my wife - she hates any form of shopping. Even on-line is regarded as only slightly less bad than actually going to a shop.

Don't know what happens to all our money though?

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Roger

Roger,

Keep it online!

The female sex seem to have an aversion to learning pincodes and passwords.