Wasps 'to become richest rugby club'
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Wasps say they are on course to become the richest rugby club in the world after announcing their latest financial initiative.
On Monday they will become the first sports club to launch a retail bond listed on the London Stock Exchange, which is expected to raise up to £35m.
That means Wasps are set to pass French giants Toulouse in terms of revenue.
"We expect to be in that position either at end of this season or next season," said Wasps' David Armstrong.
The big rise in revenue is a result of Wasps,
who beat Exeter on Sunday to consolidate sixth place in t…
On Monday they will become the first sports club to launch a retail bond listed on the London Stock Exchange, which is expected to raise up to £35m.
That means Wasps are set to pass French giants Toulouse in terms of revenue.
"We expect to be in that position either at end of this season or next season," said Wasps' David Armstrong.
The big rise in revenue is a result of Wasps,
who beat Exeter on Sunday to consolidate sixth place in t…
