ADVERTISEMENT
RugbyDump
REGISTER
LOGIN
ADVERTISEMENT
RugbyDump
Friday Apr 14, 2023

Ambitious Wasps Nest Stadium planned to bring club back to the bigtime

Get ready for the buzz! Wasps are making a bold move to bounce back from last year’s financial collapse and re-establish itself as a Premiership powerhouse.

ADVERTISEMENT

The club has set its sights on a brand new 24,000-capacity stadium, complete with a hotel, conference facilities, and community leisure opportunities. The ambitious project, to be known as the Wasps Nest Stadium, is slated for completion by 2027-28, with work beginning in 2025.

After falling into administration last October and being ejected from the Premiership, the road to recovery hasn’t been easy. However, with a committed group of former players leading the charge, Wasps is determined to rise from the ashes. The club’s vision is summed up by their inspiring strapline, “Stung…but Resilient,” and their mission to be “an inspirational sports business.”

Central to the plan is the goal of returning to the Premiership in the 2025-26 season. But the financial challenges are significant. Wasps must rebuild their supporter base, find fresh investment, and operate sustainably. Rugby revenues must account for less than 50% of the club’s total revenues by 2028, with “brand leveraged revenues” from other stadium activities bringing in an estimated £7m a year from 2027 onwards.

The loss of the club’s “P share” – which guarantees a share of centrally generated income – is a setback. However, Wasps are not deterred. The club is set to announce a new board of prominent business leaders to oversee spending and ensure that revenues constrain expenditures. It’s an exciting time for Wasps Rugby, and with the Wasps Nest Stadium on the horizon, the future looks bright.

Related Articles

  • 7 WEEKS AGO

    Nic White shows class as he helps coach opposition...

  • 7 WEEKS AGO

    Joe Biden Confuses All Blacks For Black And...

  • 7 WEEKS AGO

    Scottish Rugby Follow South Africa And France...



ADVERTISEMENT

Great Tries

  • 19 HOURS AGO

    Springbok winger with the most athletic non-try of the season

  • 4 DAYS AGO

    Jack Crowley drops the ball on dime for brilliant Munster try in URC Final

  • 5 DAYS AGO

    WATCH: World class offload from James O’Connor Leads To Long Range Reds Try

  • 2 WEEKS AGO

    Leinster up and running with two incredible tries inside the first five minutes

  • 3 WEEKS AGO

    Chiefs Score The “Best Team Try” In Super Rugby History

View All

Big Hits & Dirty Play

  • 18 HOURS AGO

    Heroic tackle from Spanish 7s player goes viral

  • 18 HOURS AGO

    No sanction handed down by SANZAAR for tackle that left Reds player with a fractured neck

  • 1 WEEK AGO

    Watch: Cheslin Kolbe Dominates Sebastian Cancelliere with back-to-back big tackles

  • 2 WEEKS AGO

    Ben Curry's World Cup hopes dashed as he becomes the latest victim of the crocodile roll

  • 2 WEEKS AGO

    Australian rugby player banned for 5 years after assaulting referee

View All

See It To Believe It

  • 2 DAYS AGO

    Barbarians Vs World XV highlights

  • 8 WEEKS AGO

    Silly Skill From Toulouse Fullback Highlights French Confidence

  • 15 WEEKS AGO

    Ardie Savea Moment Of Magic In Super Rugby Aotearoa

  • 15 WEEKS AGO

    'Armchair athletes' berate Arundell's seriously impressive bench press

  • 16 WEEKS AGO

    Worcester Warriors - The End

View All

Funnies

  • 1 DAY AGO

    "Hey Manie oh ah I wanna know if I can block that kick" – Munster's hilarious new song

  • 2 DAYS AGO

    Munster Rugby loving life in Cape Town Following URC Final Victory

  • 2 WEEKS AGO

    WATCH: La Rochelle Players Gate Crash O’Gara Interview

  • 2 WEEKS AGO

    WATCH: Stade Rochelais Coaches With All-Time Coaches Box Celebration

  • 2 WEEKS AGO

    Stephen Jones’s deleted rugby 7s article leads to hilarious wikipedia update

View All

Amateur

  • 20 WEEKS AGO

    You Won’t See Many Better Than This Silky-Smooth Try From Llandovery RFC

  • 20 WEEKS AGO

    Incredible Scenes As Caldy RFC Hand Ealing First Championship Defeat Of The Season

  • 43 WEEKS AGO

    Dubious Score Decides Result Of Rugby's Biggest Schools Fixture

  • 43 WEEKS AGO

    Incredible Scenes At School Boys Rugby Match

  • 44 WEEKS AGO

    The Next Dominant Backrow?

View All

Player Features

  • 1 DAY AGO

    French international receives prison sentence for attack on wife

  • 4 DAYS AGO

    John Afoa breaks record on return to Super Rugby

  • 6 DAYS AGO

    Harry Potter to ‘disapparate’ to Australia

  • 1 WEEK AGO

    Steve Hansen makes statement following Folau selection

  • 1 WEEK AGO

    O'Gara gives honest response on Ireland job in passionate interview

View All