Irish-owned Wasps land £20m Ricoh arena deal
Irish-owned rugby club London Wasps is hoping its move to a new stadium will reduce its reliance on Derek Richardson.
Irish-owned rugby club London Wasps is hoping its move to a new stadium will reduce its reliance on Derek Richardson, the Irish multimillionaire businessman, who has absorbed more than £10 million (€12.7 million) of the club's debts since taking it over last year.
Wasps has agreed a £20 million deal to buy a 50 per cent share in the Ricoh arena in Coventry as it seeks to secure its long- term future.
Traditionally one of the...
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