Objectives
10 years ago Thumper heard that John Hall was going to liquidate the Club and immediately decided to step in to provide the North East with a professional rugby club with a large number of England qualified players and a successful academy to develop local players.
“That’s why I invested and that’s why I’m still here”
There was some bitterness at other clubs and Gentlemen’s Agreements that were shaken on but later reneged on. All clubs agreed that at least 75% of a Club’s players would be England qualified. We complied and continue to do so but at least 5 clubs didn’t and very quickly the system went into disarray.
Club for Sale.
The decision to sell the club was based on a need to succession plan and ensure leadership for the future of the Club. Thumper is now 63 going on 64 and had thought that his daughter, a successful business woman, would succeed him. However, she has now moved to Australia and is not an option so buyers were sought.
Thumper thought that the first party would go ahead and the deal was close to closing until the ground was sold. This spooked the prospective purchaser who decided not to proceed. The second party was a local property developer. Thumper decided not to progress with him as he believed it was not in the best interests of the Club. Little was said about the third party other than he would have been a disaster for the Falcons and rugby in England for ages.
The Ground
A capacity is of 10,000 with 4,000 seated was a requirement to be in place by 2003. The board decided to go ahead with the expansion and Northern Rock provided a 10 year mortgage for £14M. The Management believed that this could be financed from the existing supporter base. This turned out to be wrong and the club was racking up losses. Northern Rock then bought the land and buildings and leased it back to the Club and wrote off the debt. The current requirement is that capacity has to increased to 15,000 to satisfy Premiership Rugby’s criteria, 13,000 of this is needed by 2010/2011 and the remainder 2 years later.
Thumper believed the 10 year leas was good for the Club as it gave it the option of moving to another location if the Council wouldn’t approve the ground expansion plans.
When Northern Rock put the ground up to sale it shook the Club and they put an unsuccessful bid in. Northumbria Uni was the highest bidder. Thumper was initially devastated when he heard they were the new owners. Now however he is convinced that they will be “phenomenal landlords”
They have agreed a series of ventures with the club for youth development and the Academy and everyone in the Academy is encouraged to sign up for a course at Northumbria. They are designing courses to fit around training etc
Young players will no longer be loaned out to local clubs unless there is no other option. The first port of call will be the University team playing at KP on Wednesdays.
Northumbria have the ambition to be the Number One University rugby team in the country and are now the only one with their own stadium.
Thumper expects that there may be an edict from the RFU as part of the EPS agreement that all Clubs have to play in the A league next year though he personally doesn’t see any benefit and it drives up Squad sizes.
The University and the Club are committed to developing the ground. There are plans to develop the North end with a new gym, training rooms and medical facilities in time for next season. The existing North Terrace will not be roofed as that would compromise the vision to add tiers there in the future.
Discussions continue on an all weather playing pitch. If it doesn’t go ahead in time for next season then the wendyball will go elsewhere and only the Falcons and The Uni will use the pitch will be upgraded as best as can be done.
Salary Cap
Was £3.4M last year and £4M this year. We do not spend up to it but there are clubs below us (including Bath). Thumper said there were 3 teams who are currently spending £4M and their incremental signings this year amounted to less that £600k!
Next season
PRL want a 28 game season. The Clubs need 17 home games to break even, 3 of these will be European games. The remaining 14 would comprise the 11 home matches in a 12 team league and then 6 further fixtures against GP teams, 3 each home and away, who would thus be played 3 times in a season.
The RFU don’t agree with this and are proposing a reversed Anglo Welsh tournament including ND1 Clubs.
Thumper promises 11 Premiership games, 3 European games plus 3 additional games. If not the 3 additional Premiership games them another Premiership tournament where teams play against each other for a financial prize will be developed.
The following year a new TV deal comes into being. There will be 3 live Premiership matches every weekend on various channels and will result in an uplift of £800k in TV money per club.
Part 2 to follow
Bookmark or share this story with:
Quote:It didn't seem to hinder Joe Roff, Anton Oliver, Dan Guinness to name a few very muchBeing an elite rugby player is no longer an entry qualification for Oxbridge
Quote:TouchLineQuote:It didn't seem to hinder Joe Roff, Anton Oliver, Dan Guinness to name a few very muchBeing an elite rugby player is no longer an entry qualification for Oxbridge