Wealthy Wasps all for frugality
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Wasps may be on course to become the richest club in world rugby after launching a retail bond scheme that could earn them £35 million in the space of eight working days, but they remain firm advocates of the Aviva Premiership salary cap.
The Coventry-based club are expected to surpass Toulouse’s annual turnover of £21 million by the end of next season and they would have a significant advantage over the rest of the Premiership if the salary cap was to be abolished.
However, Derek Richardson, the owner, who saved Wasps from extinction in 2012, launched a staunch defence of
The Coventry-based club are expected to surpass Toulouse’s annual turnover of £21 million by the end of next season and they would have a significant advantage over the rest of the Premiership if the salary cap was to be abolished.
However, Derek Richardson, the owner, who saved Wasps from extinction in 2012, launched a staunch defence of
