Feel confident the WST can curry on and deliver the future?
WAFC LOST £745,695 in the year just ended.
Losses for this season/year are estimated at £346,025.
Losses for next year are estimated at £307,670.
WST Has reserves of just £232,000 and only expects it to grow by £48,000 a year over the next two years so a total of £328,000....
This means that £653,695 losses are expected to be covered by £328,000.
We have a shortfall of £325,695 under continued WST ownership, according to their figures.
But that's not all.
The Groves project has been "parked". In order for us to have a training ground we'll need to find somewhere to rent - or stump up another £100,000 plus that WST say was the minimum spend to get started in The Groves.
And we have signed Heads Of Terms there, can we just walk away?
WST's income figures for the current season include provision for fans being allowed in from January, a prospect looking ever more unlikely.
WST's income from streaming is based on continuing to get 2800 people watching each home game, based on game one.
WST's projected income of £48,000 a year, which must come from memberships, raffles etc would also seem unlikely if the takeover fails.
The government grant has been included in the figures I quoted above.
Far from questioning what the future under R & R might look line, we may be better to find out what the future under our own ownership does?
Because for me it looks seriously grim.