rugbyunion
Latest News:

Welcome to the Newcastle Falcons Fans Forum

This forum is for all Falcons' fans, and is independent of the both the club and the supporters association. If you have something to say about Newcastle Falcons this is the place to say it. However please keep it clean and non abusive, and respect the other users of this board!

While the editors of this site monitor the board, they are not responsible for the content of the postings. Any concerns, complaints etc... should be emailed to Sportnetwork. If you want to spam, please go elsewhere - any spamming will be deleted.

Next match

Next two matches

Sunday 16 December v Edinburgh Rugby at Kingston Park, 3.15pm

Sunday 23 December v Gloucester Rugby at Kingston Park, 3.00pm

Last result: Edinburgh Rugby 31-13 Newcastle Falcons


Premiership takeover bid
Leipziger (IP Logged)
05 September, 2018 09:52

 
Re: Premiership takeover bid
Falc Dancer (IP Logged)
05 September, 2018 10:55
Spotted this earlier today
What exactly does it mean for premiership clubs ?

 
Re: Premiership takeover bid
aidanb (IP Logged)
05 September, 2018 16:45
I think this bid means nothing because it is undervalued

however, it suggests the clubs organising body is looking to sell itself to the highest bidder

 
Re: Premiership takeover bid
Leipziger (IP Logged)
11 September, 2018 07:42

 
Re: Premiership takeover bid
Rafpilot2000 (IP Logged)
11 September, 2018 10:22
It appears the vote needs to unanimous and whilst most clubs are desperate for the money due to massive crippling debts it looks like Bath with their money bags owner and billionaire sponsor are going to veto it. Effectively holding other clubs to ransom.

 
Re: Premiership takeover bid
Monkey1 (IP Logged)
11 September, 2018 11:08
Quote:
Rafpilot2000
It appears the vote needs to unanimous and whilst most clubs are desperate for the money due to massive crippling debts it looks like Bath with their money bags owner and billionaire sponsor are going to veto it. Effectively holding other clubs to ransom.

To be fair, that is just the angle put on it by this particular journalist. There are other clubs with wealthy owners who may hold out for more, some sensibly run clubs with sustainable finances, and yes some with debts that could do with a windfall like this sooner rather than later. To portray it as Bath v the rest is almost certainly a gross simplification at best, and possibly downright unfair.

 
Re: Premiership takeover bid
Siders (IP Logged)
11 September, 2018 12:29
This article is particularly insightful on CVC's business model.

The inherent weakness we face is salary inflation from the continent and (increasingly) from Ireland. A buyout may write debt off but the structural problems may remain.

 
Re: Premiership takeover bid
aidanb (IP Logged)
11 September, 2018 12:30
Quote:
Siders
This article is particularly insightful on CVC's business model.
The inherent weakness we face is salary inflation from the continent and (increasingly) from Ireland. A buyout may write debt off but the structural problems may remain.

I was hunting that very article down about 10 mins ago and got distracted.

Worrying times if they do approve it

 
Re: Premiership takeover bid
Cantabrian (IP Logged)
11 September, 2018 12:51
Professional rugby is a great sport and very enjoyable to watch. Coupled with a family friendly atmosphere and a lack of diving [so far] it's no wonder that our game is growing.

However, we can't keep relying on twelve or so wealthy individuals to keep funding teams largely on their own.

I welcome the move to inject funds in to the professional game, so it can develop for the next generations. No doubt it will change, some dearly held traditions will disappear and traditionalists will be unhappy, but overall if it puts the game on to a sounder financial footing that can only be positive.

 
Re: Premiership takeover bid
aidanb (IP Logged)
11 September, 2018 13:04
The RFU are surely the answer here.

It's their game and in their interests to have a healthy Pro game.

 
Re: Premiership takeover bid
Leipziger (IP Logged)
11 September, 2018 14:14
I saw that article early Siders, my immediate thought is that this potential takeover isn't a good thing. CVC will only have one motivation - making money for themselves, as much as possible as quickly as possible. No problem with that in itself, but it won't necessarily be by doing what is in the long-term interest of the sport or its teams. Yes a £17m cash injection would be a huge boost for most clubs, but at what cost further down the line, when ever more TV and sponsor money is creamed off by CVC who will own most of the commercial rights?

Football and F1 display obvious warnings of what happens when sports sell out for a few more quid - they lose control and lose their souls.

Yes pro rugby isn't sustainable as it is, but I don't think this deal is a good answer.

 
Re: Premiership takeover bid
Falc Dancer (IP Logged)
11 September, 2018 17:37
Any takeover is about making a profit
The clubs might get an initial payday but in the long term any new third party owner, driven by profits, will look to make changes in order to make money
The USA is a massive market that Premier Rugby has/is trying to break in to. I would expect any new owner to take that into overdrive, probably in the form of more games abroad leading to big tele rights sales

 
Re: Premiership takeover bid
Monkey1 (IP Logged)
11 September, 2018 17:57
The bid has as expected been rejected according to the FT Online

 
Re: Premiership takeover bid
Kwa444 (IP Logged)
12 September, 2018 18:34
The problem is that as you say it's a windfall. Like killing the goose which lays the golden egg because you feel peckish. Only a short term fix. Inherent problems need more.

Also CVC were strongly criticised for F1 because they were focused on maximising profit to the sports detriment. Whether there is truth to that I can't comment, but one can say for sure that they will sell when the time is right for them and there is no saying who they will sell to.....

A certain portly sports clothing vendor could be interested for example.



Edited 1 time(s). Last edit at 12/09/2018 18:35 by Kwa444.

 
Re: Premiership takeover bid
Monkey1 (IP Logged)
13 September, 2018 06:07
The best long-term strategy would be to have more dynamic leadership within the current ownership. If the potential for higher future incomes then surely it would be best to nurture this for the benefit of the clubs rather than profits of some foreign entity. Surely this what the RFU should be encouraging, and perhaps they are, but I wouldn't count on it. This would be to their benefit after all, for the game in England to be nurtured well rather than used for profit for some non-English corporate body.

There will of course be pressure for a huge cash injection from a few clubs who have a massive and urgent need to clear debts. There could be some heated debates if a unanimous decision is required to make any sort of progress.

 
Re: Premiership takeover bid
aidanb (IP Logged)
13 September, 2018 15:19
Quote:
Monkey1
The best long-term strategy would be to have more dynamic leadership within the current ownership. If the potential for higher future incomes then surely it would be best to nurture this for the benefit of the clubs rather than profits of some foreign entity. Surely this what the RFU should be encouraging, and perhaps they are, but I wouldn't count on it. This would be to their benefit after all, for the game in England to be nurtured well rather than used for profit for some non-English corporate body.
There will of course be pressure for a huge cash injection from a few clubs who have a massive and urgent need to clear debts. There could be some heated debates if a unanimous decision is required to make any sort of progress.

Can you smell the wage cap silence all over again

 
Re: Premiership takeover bid
Leipziger (IP Logged)
10 December, 2018 15:15
£200m bid for 30% expected to be approved tomorrow. But warning that the money shouldn't go on higher player wages.

 
Re: Premiership takeover bid
Cantabrian (IP Logged)
11 December, 2018 11:11
The former owners of Formula One buying 30% of PRL for £200 million provokes mixed feelings.

On one one hand I'm happy that the clubs and long suffering owners will get a cash boost so our game will be on a firmer footing. On the other hand, I fear we can expect rampant commercialisation of absolutely everything associated with the sport as CVC and the broadcast media look to maximise their return.

As a boy I was brought up to cherish rugby's Corinthian spirit in the Lancashire mud and now in my seventies a new era of rugby globalisation is bearing down on us. Whatever, so long as the Falcons thump Edinburgh on Sunday, I'll be very happy.

 
Re: Premiership takeover bid
aidanb (IP Logged)
11 December, 2018 11:31
Quote:
Cantabrian
.... Whatever, so long as the Falcons thump Edinburgh on Sunday, I'll be very happy.

What I as a supporters have to remember is I just want our team to do as well as they can.

the management behind the scenes is all interesting etc and so on

But as long as the team keep doing their best then I am happy

 
Re: Premiership takeover bid
Exiled Falcon (IP Logged)
11 December, 2018 20:21
While there’s little doubt the game needs sorting in this country as so much seems to rest on the shoulders of a few benefactors am not sure this is the answer. The worry would be we’d end up with a similar situation to football where post Sky’s billions we still get players who can’t kick with their wrong foot, can trap the ball further than most can kick it and where games frequently have more match officials than English players. Ultimately the national team has been dire until good old Gareth was brave enough to go for a really young squad. Basically Sky’s millions has done nothing for the national side and I kind of worry about a similar scenario for rugby.

 
Re: Premiership takeover bid
Monkey1 (IP Logged)
12 December, 2018 06:42
As far as our club is concerned we will have a bit of a windfall, it takes a bit of the pressure off Semore, and we have a management team who have a lot of experience at being sensible with money instead of p***ing it up the wall. It can only do us good. What other clubs do with it is entirely up to them, but I have faith that our lot will invest it wisely.

Going forward, a minority commercial input could be good for the game. It is up to the other stakeholders, principally the club owners, to steer it in the right direction.

 
Re: Premiership takeover bid
Falcons_Thunder (IP Logged)
12 December, 2018 10:36
Quote:
Monkey1
As far as our club is concerned we will have a bit of a windfall, it takes a bit of the pressure off Semore, and we have a management team who have a lot of experience at being sensible with money instead of p***ing it up the wall. It can only do us good. What other clubs do with it is entirely up to them, but I have faith that our lot will invest it wisely.
Going forward, a minority commercial input could be good for the game. It is up to the other stakeholders, principally the club owners, to steer it in the right direction.

North stand redevelopment sounds like a good option if this money does come. Interested what money chiefs will get as they are only a shareholder while Leeds/Yorkshire are languishing in the championship?

 
Re: Premiership takeover bid
Getitright (IP Logged)
12 December, 2018 22:05
Think all clubs holding P shares get the same. They’ve been holding out for £20m each and appear to have been successful.
It was only a matter of time before the deal was agreed. Whether it’s in the long term
Interest of the league only time will tell

 
Re: Premiership takeover bid
aidanb (IP Logged)
13 December, 2018 19:31
I can just see Seymore rolling around in his well earned £20m.

What a reward for his commitment.

Ps I wasn’t trying to poke a stick at Seymore because without him we would be in big trouble. He’s been brilliant for the club.


Sorry, only registered users may post in this forum.
We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing abuse@sportnetwork.net
 
 

Who is online?

Total users online:  

Most users online:  

Users on this site:  

Where are they?