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RFU Championship / British-Irish Cup
Bic failure
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<blockquote data-quote="Bluemoon" data-source="post: 773986" data-attributes="member: 38204"><p>We tried that system though Alias. When rugby went professional, the clubs with benefactors were pumping huge amounts of private money into the game. As the income streams weren't high, despite very competitive teams, the debts were too high and this resulted in millions of pounds of debt. Cardiff were one of the first to make this mistake, they still have something like 7 million of debt they are paying now. Llanelli and Newport were also heavily invested in and that resulted in a wage they couldn't pay. More recently, Cuddy helped the Ospreys become Galacticos, but realised pumping money into a team wasn't sustainable. Ospreys have a very good youth system now.</p><p></p><p>The WRU member clubs voted for this type of organisation as they knew it was the only way to make welsh domestic rugby sustainable. The mistake that happened was that it was rushed, no market research was carried out, and the men with the money, or the clubs with massive historical debts got the most say. For example Cardiff RFC (who own Cardiff Blues) would have said, hold on, I like the idea of your system, but who will pay all of our debts if you wind us up? Welsh rugby is very complex and there is a reason we have the teams we do. The first 5 teams were relatively competitive, but because one was still required £1 million a year investment from a private benefactor, the benefactor left as he couldn't afford it, the WRU took control of it and closed it down. It's left a rugby playing area with no pro club. </p><p></p><p>Sorry for sounding a little icy about this Alias, it's just there are many here in Wales who don't understand the situation and suggesting changes to teams very willy nilly without thinking of why we are at this point or thinking of feasible way forwards. For example, I hate Cardiff 'Blues' as a concept and I'm form Cardiff. It's marketing suicide with Chelsea Fc, Auckland, Bedford etc. I'd be happy for a brave businessman to change it to Cardiff 'something' or even South Glamorgan 'something' depending on whether he/she wanted to invested in a traditional brand name or actually try tempt in people from Aberdare, Merthyr, Beddau etc.</p></blockquote><p></p>
[QUOTE="Bluemoon, post: 773986, member: 38204"] We tried that system though Alias. When rugby went professional, the clubs with benefactors were pumping huge amounts of private money into the game. As the income streams weren't high, despite very competitive teams, the debts were too high and this resulted in millions of pounds of debt. Cardiff were one of the first to make this mistake, they still have something like 7 million of debt they are paying now. Llanelli and Newport were also heavily invested in and that resulted in a wage they couldn't pay. More recently, Cuddy helped the Ospreys become Galacticos, but realised pumping money into a team wasn't sustainable. Ospreys have a very good youth system now. The WRU member clubs voted for this type of organisation as they knew it was the only way to make welsh domestic rugby sustainable. The mistake that happened was that it was rushed, no market research was carried out, and the men with the money, or the clubs with massive historical debts got the most say. For example Cardiff RFC (who own Cardiff Blues) would have said, hold on, I like the idea of your system, but who will pay all of our debts if you wind us up? Welsh rugby is very complex and there is a reason we have the teams we do. The first 5 teams were relatively competitive, but because one was still required £1 million a year investment from a private benefactor, the benefactor left as he couldn't afford it, the WRU took control of it and closed it down. It's left a rugby playing area with no pro club. Sorry for sounding a little icy about this Alias, it's just there are many here in Wales who don't understand the situation and suggesting changes to teams very willy nilly without thinking of why we are at this point or thinking of feasible way forwards. For example, I hate Cardiff 'Blues' as a concept and I'm form Cardiff. It's marketing suicide with Chelsea Fc, Auckland, Bedford etc. I'd be happy for a brave businessman to change it to Cardiff 'something' or even South Glamorgan 'something' depending on whether he/she wanted to invested in a traditional brand name or actually try tempt in people from Aberdare, Merthyr, Beddau etc. [/QUOTE]
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