Former Newcastle United owner Mike Ashley and his team have reportedly ‘agreed an eight figure sum’ for the Coventry Building Society Arena.
It’s now expected Wasps will likely leave the city, though Ashley’s team hasn’t ruled out the rugby team staying in Cov.
The two-time European champions have been suspended and will be relegated from the Gallagher Premiership after entering administration.
In better news, Wasps’ joint administrators confirmed that an offer has been accepted from a consortium including members of the Wasps Legends.
The offer is only for the men’s rugby team and youth academy, with separate discussions currently ongoing for Wasps Women’s Rugby and Wasps Netball clubs.
It’s been revealed that ‘a number of cities are under consideration’ as Wasps hope to prepare for life in the Championship next season
Wasps four-city shortlist:
#1. London
Former Wasps prop Phil Vickery believes the club must leave Coventry and return to London.
He is part of a consortium of former Wasps players trying to buy the men’s team and the academy.
“To see Wasps come back to London would be awesome,” Vickery told Sky Sports News.
“I associate Wasps with London, but it’s easier said than done. They’ve tried for years to get the opportunity to do that.
“Yes, it would be brilliant – but let’s focus on getting the club up and running.”
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