mobanmarketWasps captain Joe Launchbury says “there is so much to be excited about” over the club’s future despite the ongoing financial troubles.
Last week the club filed a notice of intention to appoint an administrator with the High Court amid their financial concerns.
Unpaid tax
HM Revenue and Customs have served Wasps with a wind-up order due to unpaid taxes, while the club is also repaying a £35million bond used to fund their relocation from High Wycombe to Coventry eight years ago.
For veteran Launchbury, financial struggles at Wasps are nothing new as he was part of the club in 2012 when they almost went into administration.
Owner Derek Richardson, chief executive Stephen Vaughan and chief operating officer Chris Holland held a meeting with the players and coaching staff on Thursday to clarify the financial situation.
“There is so much to be excited about with the future of Wasps,” Launchbury said.
“You look at the stadium, the training ground, the intent of people to push this club forward is as much as it ever has been. Maybe it wasn’t there 10 years ago.
“Clearly, there are some issues that need to be sorted out over a short time-frame, which is out of our control, but hopefully we will hear some good news from that.
“We’ve heard some news, but in terms of our job at the moment it is very much still the same.”
Launchbury admitted the concept of being placed under administration is daunting for the players but says the team continued to train as normal.
“It’s unsettling isn’t it? Especially when the word gets chucked around, which I don’t think the club wants chucked around – administration.
“No-one wants to hear that. As players we don’t fully know what that entails, but the way we rallied around from that news, we trained as normal, cracked on with our day as normal.”
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Situation being handled well
The second-row is pleased with how the situation is being handled as solutions are being sought after, and for the players, the focus is just on winning rugby games.
“The people at the top are very clear about the fact that they want to be part of the club and to find solutions to this,” he added.
“For us as players, hearing (from them) on Thursday was music to our ears and now we will leave that to them. All we can try and do as players is win rugby games.
“Maybe I am a little bit biased, but this club has a huge amount to offer. I believe the future can be really bright.
“It means an awful lot to me – it has been home for a long, long time. I want the best for it and all its employees.”