Exeter chief executive Rowe calls for better centr
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Topic: Exeter chief executive Rowe calls for better centr
Posted By: Richard Lowther
Subject: Exeter chief executive Rowe calls for better centr
Date Posted: 18 Oct 2023 at 10:04
https://www.bbc.co.uk/sport/rugby-union/67124320" rel="nofollow - https://www.bbc.co.uk/sport/rugby-union/67124320
------------- Moderator http://www.leaguerugby.co.uk" rel="nofollow - National League Rugby Message Boards
Remember Wakefield RFC
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Replies:
Posted By: Richard Lowther
Date Posted: 18 Oct 2023 at 10:38
The more the Premiership clubs receive the more the clubs will spend. They have constantly demonstrated this behaviour since day one of the game going open in 1995. They do not have a plan to reduce outgoings and live within a budget but just expect the wider game to keep financing their extravagancies. Meanwhile at the opposite end of the league structure clubs receive nothing from the RFU and are expected to be self sufficient. They are the ones who are developing the future of the game yet receive nothing in return. It is to them that the money should be going - a strong grassroots will keep the game alive, not a strong Premiership.
------------- Moderator http://www.leaguerugby.co.uk" rel="nofollow - National League Rugby Message Boards
Remember Wakefield RFC
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Posted By: Delamas
Date Posted: 18 Oct 2023 at 11:43
Exeter were realistic / savvy enough to 'start again' by letting their established / expensive players go to France......
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Posted By: Sid James
Date Posted: 18 Oct 2023 at 13:05
Richard Lowther wrote:
The more the Premiership clubs receive the more the clubs will spend. They have constantly demonstrated this behaviour since day one of the game going open in 1995. They do not have a plan to reduce outgoings and live within a budget but just expect the wider game to keep financing their extravagancies. Meanwhile at the opposite end of the league structure clubs receive nothing from the RFU and are expected to be self sufficient. They are the ones who are developing the future of the game yet receive nothing in return. It is to them that the money should be going - a strong grassroots will keep the game alive, not a strong Premiership.
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Here, Here! Well said Richard.
The RFU expect Grassroots Clubs to follow their laws and overbearing Admin requirements and, be satisfied with the £4million a year that the RFU pays for insuring all of the RU Clubs in England. £4million is the same amount as they currently hand over to just 2 Premiership Clubs.
------------- All Knwoing All Seeing
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Posted By: tigerburnie
Date Posted: 18 Oct 2023 at 14:38
Whilst I agree with the RFU concentrating on the grass roots of the game, it is nonsense to say all premiership clubs as badly run. Covid and playing a season behind closed doors hit the clubs hard, taking the governments loan helped, but now that has to be repaid. Clubs like Leicester Tigers have invested hugely in the future with facilities for the men's. ladies and youth games. A hotel venture is up and running to help with off season finances, had covid not appeared a multi storey car park and another new stand was in the pipeline to be built. The fact that some clubs were being run badly does not mean you tar all with the same brush. The game does need the grass roots, but it equally needs a strong structure right to the top. The real problem is a minority pushing for ring fencing and trying to get the salary cap raised is killing the game, both financially overall and as a spectacle for all. There are good clubs like Tigers, Saints, Gloucester to name a few who are providing the players with a chance to climb to the top, bringing on youngsters, those of whom who either choose to or are not quite professional standard, are playing the Championship and National leagues that is also a vital part of improving standards in the grass roots. The RFU are cynically trying to control the players as it is the only way they can fund continually drawing their grossly inflated salaries.
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Posted By: WEvans
Date Posted: 18 Oct 2023 at 16:26
Tony Rowe wants a better TV deal? Does he still not realise that by and large the general public in this country have very little interest in club rugby?
Mr Rowe and those in charge of the other appallingly run professional rugby clubs in this country need to wake up and smell the coffee or they are in for a big surprise at the next television contract renewal time.
They might like to pretend all was well prior to Covid but that is systematic of the self-delusion that got them into the financial mess they were all in prior to the pandemic which was and is still obvious to most people. Then and now every Premiership club is and was reliant on a sugar-daddy/long-time benevolent backer call them what you will with no one on the sidelines willing or capable of taking their place. These are the very opposite of well run businesses as is shown by the continuing desire to spend money and demand others pay.
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Posted By: Paul10
Date Posted: 18 Oct 2023 at 21:01
I wonder if this is what Mr Rowe has in mind
https://archive.ph/n41oR" rel="nofollow - https://archive.ph/n41oR
Link to a telegraph story outside their firewall.
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Posted By: tigerburnie
Date Posted: 18 Oct 2023 at 22:29
WEvans wrote:
Tony Rowe wants a better TV deal? Does he still not realise that by and large the general public in this country have very little interest in club rugby?
Mr Rowe and those in charge of the other appallingly run professional rugby clubs in this country need to wake up and smell the coffee or they are in for a big surprise at the next television contract renewal time.
They might like to pretend all was well prior to Covid but that is systematic of the self-delusion that got them into the financial mess they were all in prior to the pandemic which was and is still obvious to most people. Then and now every Premiership club is and was reliant on a sugar-daddy/long-time benevolent backer call them what you will with no one on the sidelines willing or capable of taking their place. These are the very opposite of well run businesses as is shown by the continuing desire to spend money and demand others pay.
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You like making big statements as if you have some inside knowledge and that what you say is right. This statement shows just how little you really know. I can only talk about Leicester as I have little recent inside knowledge of how other clubs are currently run. Leicester has share holders which include many ordinary fans who were able to take advantage of an offer as season ticket holders. No sugar daddy, no long time benevolent benefactor, just share holders. Some have more shares than others because they put money in and bought some of the shares, some were actually given to fans for free. Share holders meet, just like any other business, because that is what Leicester Tigers are, a business. At present with a war still raging, a cost of living crisis right across europe, some very large businesses have found they are having to make changes as to how they run going forwards, the latest is Rolls Royce , others have sadly failed and gone into receivership, like Wilkinsons for example. It doesn't mean they were let down by sugar daddies nor does it mean they were necessarily poorly run, life has changed dramatically in the past three years and there are bound to losers and also maybe some winners from this.
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Posted By: tigerburnie
Date Posted: 18 Oct 2023 at 22:53
As if to amplify the problem is not just an English Premiership problem Ulster have announced a significant loss to due outside pressures. https://www.bbc.co.uk/sport/rugby-union/67152055" rel="nofollow - Ulster Rugby: Irish province posts losses of £900,000 for 2022-23 season - BBC Sport
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Posted By: rugbychris
Date Posted: 19 Oct 2023 at 06:53
I'm pretty sure we have discussed this all before but Tigers have their own sugar daddies. Without people like Scott pumping in money to cover debts then even clubs like Leicester are unsustainable which must have alarm bells ringing.
Leicester Tigers directors https://www.leicestertigers.com/player/tom-scott" rel="nofollow - Tom Scott and https://www.leicestertigers.com/player/peter-tom-cbe" rel="nofollow - Peter Tom have made an investment commitment which could raise up to £13m for the club.
The proposal would see Scott, a non-executive director, and executive chairman Tom increase their shareholdings in the club.
Tom Scott is a long-standing supporter of the club and a valued member of the https://www.leicestertigers.com/club/board" rel="nofollow - board of directors who over his tenure with the club has already invested over £10m." Leicester Tigers’ CEO https://www.leicestertigers.com/player/andrea-pinchen" rel="nofollow - Andrea Pinchen said in a statement.
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Posted By: Paul10
Date Posted: 19 Oct 2023 at 09:21
tigerburnie wrote:
As if to amplify the problem is not just an English Premiership problem Ulster have announced a significant loss to due outside pressures. https://www.bbc.co.uk/sport/rugby-union/67152055" rel="nofollow - Ulster Rugby: Irish province posts losses of £900,000 for 2022-23 season - BBC Sport |
Ulster of course is a branch of the same company as Leinster, Munster, Connacht and the Irish national sides.
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Posted By: tigerburnie
Date Posted: 19 Oct 2023 at 09:58
rugbychris wrote:
I'm pretty sure we have discussed this all before but Tigers have their own sugar daddies. Without people like Scott pumping in money to cover debts then even clubs like Leicester are unsustainable which must have alarm bells ringing.
Leicester Tigers directors https://www.leicestertigers.com/player/tom-scott" rel="nofollow - Tom Scott and https://www.leicestertigers.com/player/peter-tom-cbe" rel="nofollow - Peter Tom have made an investment commitment which could raise up to £13m for the club.
The proposal would see Scott, a non-executive director, and executive chairman Tom increase their shareholdings in the club.
Tom Scott is a long-standing supporter of the club and a valued member of the https://www.leicestertigers.com/club/board" rel="nofollow - board of directors who over his tenure with the club has already invested over £10m." Leicester Tigers’ CEO https://www.leicestertigers.com/player/andrea-pinchen" rel="nofollow - Andrea Pinchen said in a statement. |
Yes exactly what I said, they are share holders in a business, not outside investors, one an ex player at the club with a connection going back decades, not what anyone(unless of course they have an axe to grind) would call a so called sugar daddy in the common use of the term. Companies commonly issue shares which of course attract dividends as opposed to say for example just taking money from fans/investors and not honouring the repayments.
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Posted By: Richard Lowther
Date Posted: 19 Oct 2023 at 13:37
tigerburnie wrote:
rugbychris wrote:
I'm pretty sure we have discussed this all before but Tigers have their own sugar daddies. Without people like Scott pumping in money to cover debts then even clubs like Leicester are unsustainable which must have alarm bells ringing.
Leicester Tigers directors https://www.leicestertigers.com/player/tom-scott" rel="nofollow - Tom Scott and https://www.leicestertigers.com/player/peter-tom-cbe" rel="nofollow - Peter Tom have made an investment commitment which could raise up to £13m for the club.
The proposal would see Scott, a non-executive director, and executive chairman Tom increase their shareholdings in the club.
Tom Scott is a long-standing supporter of the club and a valued member of the https://www.leicestertigers.com/club/board" rel="nofollow - board of directors who over his tenure with the club has already invested over £10m." Leicester Tigers’ CEO https://www.leicestertigers.com/player/andrea-pinchen" rel="nofollow - Andrea Pinchen said in a statement. |
Yes exactly what I said, they are share holders in a business, not outside investors, one an ex player at the club with a connection going back decades, not what anyone(unless of course they have an axe to grind) would call a so called sugar daddy in the common use of the term. Companies commonly issue shares which of course attract dividends as opposed to say for example just taking money from fans/investors and not honouring the repayments. |
I think most peoples definition of a sugar daddy is some one (or occasionally more than one) who invests or loans a business a sum of money, which, without it they wouldn't be able to continue to operate or operate to the same level. They are almost always shareholders because that is one of the better ways to tax plan.
Leicester without the (£13 million) investment by Tom Scott or Peter Tom could have found themselves in this position - as the club acknowledged themselves.
The club are carrying debts of £18.1m - some can be excused by Covid but given the CVC investment, to an outsider, it looks poor and the hotel would have be fully booked each day to make any indent into the debt!
------------- Moderator http://www.leaguerugby.co.uk" rel="nofollow - National League Rugby Message Boards
Remember Wakefield RFC
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Posted By: WEvans
Date Posted: 19 Oct 2023 at 14:16
tigerburnie wrote:
WEvans wrote:
Tony Rowe wants a better TV deal? Does he still not realise that by and large the general public in this country have very little interest in club rugby?
Mr Rowe and those in charge of the other appallingly run professional rugby clubs in this country need to wake up and smell the coffee or they are in for a big surprise at the next television contract renewal time.
They might like to pretend all was well prior to Covid but that is systematic of the self-delusion that got them into the financial mess they were all in prior to the pandemic which was and is still obvious to most people. Then and now every Premiership club is and was reliant on a sugar-daddy/long-time benevolent backer call them what you will with no one on the sidelines willing or capable of taking their place. These are the very opposite of well run businesses as is shown by the continuing desire to spend money and demand others pay.
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You like making big statements as if you have some inside knowledge and that what you say is right. This statement shows just how little you really know. I can only talk about Leicester as I have little recent inside knowledge of how other clubs are currently run. Leicester has share holders which include many ordinary fans who were able to take advantage of an offer as season ticket holders. No sugar daddy, no long time benevolent benefactor, just share holders. Some have more shares than others because they put money in and bought some of the shares, some were actually given to fans for free. Share holders meet, just like any other business, because that is what Leicester Tigers are, a business. At present with a war still raging, a cost of living crisis right across europe, some very large businesses have found they are having to make changes as to how they run going forwards, the latest is Rolls Royce , others have sadly failed and gone into receivership, like Wilkinsons for example. It doesn't mean they were let down by sugar daddies nor does it mean they were necessarily poorly run, life has changed dramatically in the past three years and there are bound to losers and also maybe some winners from this.
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I posted my opinion and you are free to
post yours. Unlike you I do not tell people that I disagree with that they do
not know what they are talking about.
I have said before due to your
continual strawman arguments I do not wish to engage with you. Your latest arrogant
post directed at me merely confirms that opinion.
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Posted By: Camquin
Date Posted: 19 Oct 2023 at 14:37
Ulster also lost a lot of money from the frozen pitch, apparently about £700,000.
And they had spent money on a new 3g pitch, so it should not happen again.
Which i think counts as exceptional circumstances.
------------- Sweeney Delenda Est
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Posted By: Raider999
Date Posted: 19 Oct 2023 at 14:39
Camquin wrote:
Ulster also lost a lot of money from the frozen pitch, apparently about £700,000.
And they had spent money on a new 3g pitch, so it should not happen again.
Which i think counts as exceptional circumstances.
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As far as I am aware, 3G pitches can also freeze.
------------- RAID ON
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Posted By: Camquin
Date Posted: 19 Oct 2023 at 15:43
I assume they have done some work on heating, and/or coverings to make this less likely.
------------- Sweeney Delenda Est
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Posted By: tulip
Date Posted: 19 Oct 2023 at 17:04
WEvans wrote:
Tony Rowe wants a better TV deal? Does he still not realise that by and large the general public in this country have very little interest in club rugby?
Mr Rowe and those in charge of the other appallingly run professional rugby clubs in this country need to wake up and smell the coffee or they are in for a big surprise at the next television contract renewal time.
They might like to pretend all was well prior to Covid but that is systematic of the self-delusion that got them into the financial mess they were all in prior to the pandemic which was and is still obvious to most people. Then and now every Premiership club is and was reliant on a sugar-daddy/long-time benevolent backer call them what you will with no one on the sidelines willing or capable of taking their place. These are the very opposite of well run businesses as is shown by the continuing desire to spend money and demand others pay.
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I have to agree.Television companies are not going to pour more money into a sport which gets the same crowds as Division 2 Football. So Bath’s sugar daddy pays Finn Russell £1 million a year and all international players at different clubs expect similar salaries even though their clubs can’t afford them. Central contracts have got to come and when they do forget the £30,000 per international match. If that’s not good enough then go to France or Japan.
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Posted By: Camquin
Date Posted: 19 Oct 2023 at 17:20
If they do get an increased TV deal, 20% of it goes direct to CVC. And the clubs pay that every year from now until eternity.
But I am sure the professional clubs are run by the best business minds.
Or do i mean CVC is run by the best business minds?
------------- Sweeney Delenda Est
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Posted By: tigerburnie
Date Posted: 19 Oct 2023 at 19:43
Camquin wrote:
I assume they have done some work on heating, and/or coverings to make this less likely.
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Seemingly Ulster have coverings for the pitch, they just weren't used for some reason.
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Posted By: tigerburnie
Date Posted: 19 Oct 2023 at 19:50
It has been stated that Tigers were losing that sort of figure when Wasps and Worcester went under, Gloucester were in the list of creditors for that sort of figure from Worcester going under, the figures are big and if a game is lost, the consequences are very quickly felt. Clubs have been telling us they were managing before a year of no fans took all the cash flow away. How they will carry on with only ten teams is unsure, as has been stated on here, National league teams need 14 teams to keep going, so it's not just at the top is it, how will the Championship manage with a spare weekend this season after Jersey had to pull out?
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Posted By: Greg
Date Posted: 19 Oct 2023 at 19:54
"...how will the Championship manage with a spare weekend this season after Jersey had to pull out? Answer - Badly
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Posted By: Richard Lowther
Date Posted: 19 Oct 2023 at 21:28
Camquin wrote:
If they do get an increased TV deal, 20% of it goes direct to CVC. And the clubs pay that every year from now until eternity.
But I am sure the professional clubs are run by the best business minds.
Or do i mean CVC is run by the best business minds?
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27% minimum and there are rumours some clubs forfeited more.
------------- Moderator http://www.leaguerugby.co.uk" rel="nofollow - National League Rugby Message Boards
Remember Wakefield RFC
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Posted By: Raider999
Date Posted: 22 Oct 2023 at 13:55
tigerburnie wrote:
Camquin wrote:
I assume they have done some work on heating, and/or coverings to make this less likely.
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Seemingly Ulster have coverings for the pitch, they just weren't used for some reason. |
I think they have replaced the grass pitch with a 3g.
Agree, failure to cover the pitch adequately presumably had a large bearing on movement - Ulster ruing that decision?
------------- RAID ON
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Posted By: tulip
Date Posted: 22 Oct 2023 at 14:36
Raider999 wrote:
tigerburnie wrote:
[QUOTE=Camquin]I assume they have done some work on heating, and/or coverings to make this less likely.
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Seemingly Ulster have coverings for the pitch, they just weren't used for some reason. |
I think they have replaced the grass pitch with a 3g.
Agree, failure to cover the pitch adequately presumably had a large bearing on movement - Ulster ruing that decision? [/QUOTE
Ulster did have the pitch fully covered.(picture on BBC rugby website). The pitch would have been playable on Saturday at 5.30pm. But unfortunately a decision had to be made early on Friday probably for TV reasons
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Posted By: Steve@Mose
Date Posted: 11 Jan 2024 at 13:34
http://www.bbc.co.uk/sport/rugby-union/67946673" rel="nofollow - Exeter Chiefs: Pre-tax losses rise to more than £4.5m at Premiership club
Exeter Rugby Group, which runs Exeter Chiefs, made a pre-tax loss of more than £4.5m in the year to June 30 2023.
The group, which also oversees the events business based at the Premiership club's Sandy Park home, saw pre-tax losses rise by £1.7m from 2022.
The year saw Exeter have a full season without Covid-19 restrictions, but the club say they were hit by the rise in the cost of living and lower crowds.
Exeter sold a stake in a hotel to help pay off Covid-related loans.
Accounts show the group's bank borrowings dropped by almost £20.9m in the period, to just under £2.6m.
During the season - which saw Worcester, Wasps and London Irish all go bust - Exeter's men's side finished seventh in the Premiership and reached the semi-finals of the European Champions Cup.
Exeter's women's side were beaten in the Premier 15's final, but did retain the Allianz Cup.
Turnover rose by just under £5m to almost £25.7m - mainly driven by a rise in the money generated by the hotel and Sandy Park events, rather than rugby-based income - but the profit on those sales fell due to higher costs.
The group's wage bill increased by £1.76m to £14.1m - the men's rugby side of the business saw a number of high-profile senior stars such British and Irish Lions players Stuart Hogg, Jack Nowell, Luke Cowan-Dickie and Sam Simmonds leave the club at the end of the season for which the accounts cover. |
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Posted By: tigerburnie
Date Posted: 11 Jan 2024 at 13:41
It looks like Exeter over spent to try and keep themselves at the top, I am unfamiliar with how their academy works, but they do seem to buy in a lot more players than some others do. Leicester have some high profile imports, but the majority of the current squad are from their own academy, but as more of those become internationals, their wages tend to go up, I expect a fair amount of players will be not getting new contracts, even with the salary cap rising. 25 hybrid contracts will barely have any effect on the salary bills.
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