Armstrong Tells Expo Secrets Of Wasps’ Success

Wasps Group CEO David Armstrong has told delegates how the club has been transformed from a business making a £4 million per year loss to the biggest rugby club in Europe in revenue terms as the annual Rugby Expo conference kicked off at Twickenham. Armstrong, who became Group CEO in March this year but played a significant role in the acquisition of the Ricoh Arena in the autumn of 2014, said the move to Coventry was a “commercially motivated” one but that it has paid dividends already. The club’s latest financial results for the 12 months to June 2014, posted in February 2015, show that the …