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Re: Premiership crisis
Posted by: Monkey1_ed
Date: 19/09/2017 20:41
The Times article uses a lot of creative journalism to come up with the sensational sounding "third of Premiership clubs up for sale". Worcester & London Irish are both openly touting for investors (investors meaning backers who will plough money in for the love of the club with no hope of getting it back never mind making a return). Gloucester were on the receiving end of a takeover bid that fell through, and Saints, erm, well Saints might look a bit like a club that you could imagine being for sale if you squint a bit and use a lot of imagination.

Wuss & Irish are in the same sort of position that we were in before Semore came on board, and they are quite rightly being honest about wanting somebody to support the cause. To be honest they worry me less than some of the top clubs who are financed on a wing & a prayer & make eye watering losses. You could imagine both Wuss & Irish surviving & competing in the Premiership with maybe just a little more help, and perhaps using the Sale business model of getting good value from a small squad rather than spending silly money. It is more difficult to imagine one of the top clubs surviving at all should they run out of money.

The article is possibly right about there being a funding crisis in the Premiership, but they are looking for the problem at the wrong end of the table. You can imagine clubs like Wuss, Irish, Saints, Glos and even us managing to get along by being reasonably sensible, but clubs that spend 15m per year? I think not.

The problem as I see it is not a lack of investment in some clubs, it is huge overspending by others.

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