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Heineken Cup talks "have now ended"

It's still money that has to be paid back though adding to any overall debt they have

Borrowing money to pay off the aviva stadium debt is exactly the same as mortgaging 1 house to pay debt on another

Not really considering the Aviva is a source of income in itself, it will essentially pay that money back itself and will continue to make a profit afterwards.
 
But they're finished paying off debts for stadium. And it's not as if they're loosing money but simply the demand was there. Ulster will easily be filling new capacity at Ravenhill, Munster will too and no doubt Leinster would be probably getting a refurbishment if they owned stadium.
Every club has loans I bet and â'¬20m between 4provinces and national team isn't too bad considering they could pay of Aviva too well ahead of schedule. It's FAI who've only a balance left

Fair enough it's good to get a heads up off someone who knows as Irish rugby outside of the HEC is hardly my area of knowledge :)
 
How funny would it be that if in a year they're hosting the World Cup the RFU struggle to get guys released. But if that's true and it's losses between £20-30m then how are they saying the Welsh regions will be better and dare I say should BT ever go bust or pull out it'll really kill English clubs
 
It's still money that has to be paid back though adding to any overall debt they have

Borrowing money to pay off the aviva stadium debt is exactly the same as mortgaging 1 house to pay debt on another

They had a number of bonds taken out to build Lansdowne whose expiry coincided with the renewal of long-term tickets for games in the stadium. The uptake for the tickets was much poorer than expected, therefore they had to take out a loan to pay off the bonds when they expired.


So not a normal operating loss.



[Furthermore: Those formerly unsold seats will now generate more revenue per game if they can be sold at the normal per game prices than the long-term tickets would have.]



edit: Ooops, I see your happy with an explanation made earlier.
 
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He gives a **** about a club he has poured money into for 20 years. Why should the RFU not be hold to account on occasion?

He did that of his own volition!

On occaision? He's talking about permanently!
He is very clearly saying he is willing to fundamentally change the sport to the will of TV companies.
Go and ask NFL fans how that has worked out - they'll have plenty of time to tell you in the ad breaks.
 
http://www.theguardian.com/sport/2014/jan/17/saracens-nigel-wray-heineken-cup-tv-rugby

I'll say it again.

Anyone who supports the PRL in this argument doesn't give a **** about international rugby.

What an utter dick.

Ach, what do you expect from a pig but a grunt. Wray is a cock of the highest order - if it was all about the love of the game then he wouldn't be seeking to turn it inside out and blow finances to further unsustainable levels.


If the RFU are that f**king thick they couldn't have seen the danger before now - its unlikely anything Wray says in press will change that.
 
To a certain extent he's right. The RFU have made the clubowners stakeholders in the game by leaving them to shoulder the risk and financing of much of England's game. Once you've done that, pretending that they don't have a voice or whatever is unfair and disingenuous.

However, this is about a great deal more than that and PRL's behaviour throughout has been poor. Also, if the clubs want more money for player release, they need to offer a lot more in terms of players being ready for international duty and not being played into the ground.
 
TV runs rugby now, the only reason the Pro 12 exists is because of Sky money, same for the EPL its almost totally dependent on the BT money.

Fact is why should clubs who employ the players be subservient to a Union that doesn't?

The RFU missed the chance to take control of pro game in England due to their own stupidity and it was left to people like him to give the English game the League we have now. What should we say to him? well thanks for sorting out the English Premier league with vast amount of your own money but we should all hand it over to a union that couldnt be arsed in the first place and as for all the money you put in well tough it was your own volition.
 
To a certain extent he's right. The RFU have made the clubowners stakeholders in the game by leaving them to shoulder the risk and financing of much of England's game. Once you've done that, pretending that they don't have a voice or whatever is unfair and disingenuous.

I wouldn't disagree, but to be fair, it works both ways. He knew the deal when he got into it.
 
Ach, what do you expect from a pig but a grunt. Wray is a cock of the highest order - if it was all about the love of the game then he wouldn't be seeking to turn it inside out and blow finances to further unsustainable levels.


If the RFU are that f**king thick they couldn't have seen the danger before now - its unlikely anything Wray says in press will change that.

Thats right a bloke has dedicated 20 years of his life and vast amounts of money to a sport and club he loves and all you can do is call him a cock and pig. You really are a one eyed clown.
 
Ach, what do you expect from a pig but a grunt. Wray is a cock of the highest order - if it was all about the love of the game then he wouldn't be seeking to turn it inside out and blow finances to further unsustainable levels.


If the RFU are that f**king thick they couldn't have seen the danger before now - its unlikely anything Wray says in press will change that.
Unions propping up clubs and wanting things one way is good, individuals investing in theirs and wanting a say is bad?
 
TV runs rugby now, the only reason the Pro 12 exists is because of Sky money, same for the EPL its almost totally dependent on the BT money.

Fact is why should clubs who employ the players be subservient to a Union that doesn't?

The RFU missed the chance to take control of pro game in England due to their own stupidity and it was left to people like him to give the English game the League we have now. What should we say to him? well thanks for sorting out the English Premier league with vast amount of your own money but we should all hand it over to a union that couldnt be arsed in the first place and as for all the money you put in well tough it was your own volition.
How is Sky keeping Pro12 going exactly?
And dare I say the English league isn't that great and I'd say it's not much ahead of Pro12. Top14 is miles ahead of both.
 
Unions propping up clubs and wanting things one way is good, individuals investing in theirs and wanting a say is bad?

Since when is having individual interests good for any sort of structure?

The problem is effect what he's saying is that while he's not setting out to destroy international rugby.
He really couldn't give a **** if that happens, all he cares about is Saracens.

We'll end up with either no international game, or one resembling the joke that is international League.
 
I am not saying individuals should run rampant, but neither should unions have complete control. Where is the interest to invest in a club if the unions have all the power? Rugby is like everything else in the world, it needs money (despite others thinking otherwise). If clubs can't secure investment, and are unable to make money, they will go bust. Unions can't prop up numerous clubs, so individuals must shoulder some of the burden.
 

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