SéniorHuevo
Academy Player
That CVC deal was a virus. And many of the clubs who signed up to it are now either a) bankrupt -non existent or) left with a club they can't get rid of.
Quins losses were almost a match of the money CVC deal don't give and now Exeter bleeding cash. Fact is owning a rugby club provides a fraction of the coverage as a football team and is geographically limited.
The salary cap should have been slashed and the only way out of this looks like the RFU eventually deciding they don't want to bail this out, letting players go wherever and financial reality take over.
Quins losses were almost a match of the money CVC deal don't give and now Exeter bleeding cash. Fact is owning a rugby club provides a fraction of the coverage as a football team and is geographically limited.
The salary cap should have been slashed and the only way out of this looks like the RFU eventually deciding they don't want to bail this out, letting players go wherever and financial reality take over.