Wasps Reveal £6.3m Overall Profit

Wasps have filed their latest set of financial accounts for the 12 months up to June 2014, revealing that the club made a profit of £6.3 million. That figure does not tell the whole story as Wasps RFC actually made an operating loss of £4 million but absorbed a company called Canmango, which was previously owned by director Derek Richardson, and that added £10.6 million to the accounts. The club had costs of £8.5 million in the year to June 2014 before they made the move from Adams Park in High Wycombe to the Ricoh Arena in Coventry, including £5.8 million on wages for its 107 staff, and turno…