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The Blues ![]() World Cup Winner ![]() Joined: 05 Aug 2007 Status: Offline Points: 5192 |
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Blues used 44 players in total. Surprised it was that many but in the BIC we did have some extra Saints.
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Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5115 |
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Se7en, Caldy arrived in the Championship through the same rugby model that it has now. As a club it never pushed to be a full time professional club, why would it aspire to that. Professional rugby doesn't work in the UK as 10 technically insolvent Premiership clubs attest to that. Technically insolvent in the sense that all 10 premiership clubs lose money, virtually all of them have balance sheets where liabilities exceed assets (and that is after listing their investment in P shares at a whopping £17m!!) and they are only kept afloat by the largesse of the RFU and by their owners who are all probably desperate for some sort of exit. Over lunch last Saturday the President of the RFU set out for me and the other guests on our table the vision that new US Investors could buy in to the franchise model take out CVC and everything would be onwards and upwards for rugby in England. I don't buy in to this 'theory' at all. When every business in a sector is making a loss the sector is a basket case. With the concussion class action also hanging over rugby it will take a very brave private equity player to bankroll a franchise model in English rugby with the many hundreds more millions that would take. CVC take 27% off the top for their previous investment of a few hundred million which probably gives them a workable yield but I cannot see the exit for them other than another private equity house taking them out. I liked rugby as it was and I like how Caldy go about things, I have no interest in professional rugby and the Premiership's broken cartel. Perhaps this makes me a dinosaur
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''The future isn't what it used to be''
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Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5115 |
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Ollie, I think entrance cost bought in advance online is £15 for adults and numerous concessions for children, under 18s, OAPs and others and after you take out the Vat what comes in will be very substantially less than £20 per head (which is the walk up price at the entrance) Where does the money go? I am not privy to the finances but I can hazard an educated guess along the following lines. 1.Match day medical requirements for Championship rugby (Ambulance, doctors, paramedics) £65k+ pa 2. Insurances (the RFU doesn't foot this cost for Championship clubs) circa £50k pa 3. Travel costs including at least one overnight stay (Cornwall, Newcastle (Prem CUP) London, Oxford etc)probably £50k+ pa 4. Other cost - Pitch maintenance (seed, fertilizer, equipment etc ) £xxk pa - Senior squad kit £xxk pa - Other playing supplies balls, training aids etc £xk pa - Stewarding on match days £xxk pa - Physio and support staff £xxk pa - Match fees for 1st xv players £xxk - Coaching and support staff £xxk - Sundry other costs £xk pa The first three costs alone (which I am pretty sure are in the right ball park and may be an underestimate ) are north of £165k pa. Clubs lower down the pyramid won't necessarily have these first 3 costs. Playing in the Championship is an expensive business, the RFU provide circa £100k pa to Championship clubs but this is more than swallowed up by points 1,2 and 3 Other posters will probably have a better idea then me of the full costs of running a team in the Championship
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''The future isn't what it used to be''
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