We Need to talk about Worcester

[Reiser99]

Just on this - there's also a clause that this can/should be waived if insolvency is due to factors outside the club's control - specifically mentioning epidemic/pandemic.

It's also a ring-fenced season, so no-one would really give a flying...

Yeah, but not an automatic demotion to lowest league as some suggested it could be.

 

[Which Tyler]

Yeah, but not an automatic demotion to lowest league as some suggested it could be.

I think there's some confusing between going into administration, winding up petitions, insolvency, and ceasing to trade as an entity and having to restart as a slightly new club, and coming in at the bottom.

Almost certainly including from myself.

 

[Bada-Bing!]

For my sins, yes. I specialise in investigations, suing directors, clawing back assets and such, so I would be very interested in having a look at this case.

Are you a qualified IP? As I am looking into that area. But would need to pass 2 exams to qualify and also need the experience as all of mine has basically been in tax on the individuals side. Would you recommend the line of work?

If I could drop you a PM sometime to pick your brains that would be much appreciated.

 

[Lé Ddanno]

Are you a qualified IP? As I am looking into that area. But would need to pass 2 exams to qualify and also need the experience as all of mine has basically been in tax on the individuals side. Would you recommend the line of work?

If I could drop you a PM sometime to pick your brains that would be much appreciated.

Go ahead

 

[higgik]

So sad for him after all his work he did to raise the club up to the top.

 

[Scotty]

Worcester Warriors: Former CEO Jim O'Toole announces bid to buy troubled club - https://www.bbc.co.uk/sport/rugby-union/62652970

 

[Scotty]

Lets say Wuss get bailed out and bought by this Toole...great happy for them and for the players and fans.

But Wuss and Wasps have shown how fragile rugby is...we need to get a more sustainable model, i dont know what i really dont but something needs to be done across the board.

 

[pagliaccio_euforico]

I think it's shown more that it's not a place where you are going to make money. It is a playground for rich people but isn't that true of most sport outside of ringshopped leagues? How many teams are operating at significant profit margins? I don't think that we are learning anything new here. Just that rugby shouldn't be trusting of people trying to come in and spin a club's operations into money.

 

[LeinsterMan (NotTigsMan)]

does make you think what's the point of the RFU regulations for the champ promotion if teams with grounds that qualify are going bust?

Maybe just better to have proof that a promoted team can spend over a certain limit.

 

[Geordie]

Apparently former Quins chief Mark Evans has done an interview on rugby pass, and dropped a hint theres a 3rd club in financial crisis and its not us.
Ill try and find it.

'I'm hearing whispers about another Premiership club...'

New Fijian Drua CEO Mark Evans, the ex-Harlequins CEO, has issued a worrying parting shot about the crisis-hit Premiership in England.

www.rugbypass.com

"A club like Newcastle has done a remarkable job in a difficult market, while I'm hearing whispers about another Premiership club possibly having problems."

 

[TRF_Olyy]

does make you think what's the point of the RFU regulations for the champ promotion if teams with grounds that qualify are going bust?

Maybe just better to have proof that a promoted team can spend over a certain limit.

Isn't it out of their hands?
Something to do with their license as a pro-sport in the country, for insurance purposes etc., requires all grounds to meet a certain standard

Could do with rejigging considering the current landscape but I don't think it's the vendetta against champ clubs that some say it is

 

[LeinsterMan (NotTigsMan)]

For me sounds like a throwaway statement with little backing in it.
Does he know the club that's been mentioned or has he just gotten whispers about another club being under trouble but no name if latter why would that rule out Falcons?

I'm sure plenty of clubs are having pressures .

 

[Geordie]

We shall see.

 

[LeinsterMan (NotTigsMan)]

Isn't it out of their hands?
Something to do with their license as a pro-sport in the country, for insurance purposes etc., requires all grounds to meet a certain standard

Could do with rejigging considering the current landscape but I don't think it's the vendetta against champ clubs that some say it is

If you can show me the insurance point I'll take it back.
But Doncaster ground for example has played Women's and age Grade internationals on it so how does that affect the insurance?

Why does 10K suddenly change the insurance aspect? How is Bath allowed in that case?

 

[LeinsterMan (NotTigsMan)]

Just to also point out Mark Evans hasn't been involved in prem rugby for 10 years now

 

[Geordie]

So does that mean he doesnt have contacts or speak to people?

 

[pagliaccio_euforico]

1. right now is a great time to get clicks recklessly speculating about doom at other clubs

2. a league policy about being able to get their homegrown insured (plus something about camera angles/TMO infrastructure) would make more sense if their motives were truly sporting

So does that mean he doesnt have contacts or speak to people?

no, but I don't think it was a very insightful take. I'd venture most sporting clubs are on knife's edge at any given moment.

 

[TRF_Olyy]

If you can show me the insurance point I'll take it back.
But Doncaster ground for example has played Women's and age Grade internationals on it so how does that affect the insurance?

Why does 10K suddenly change the insurance aspect? How is Bath allowed in that case?

One of the minimum standards criteria is that the stadium must hold a minimum of 10,001 fans; this is to ensure the ground falls under the remit of the Sports Grounds Safety Authority (SGSA), regulated by the Department for Digital, Culture, Media and Sport (DCMS), and the Green Guide, as well as to be of a standard suitable for the top league of one of the nation's major sports. This has been in place for many years but was considered again when the standards were reviewed last season.

RFU

www.englandrugby.com

Mis-remembered the details as I only vaguely remembered reading about it in an article talking about Ealing Trailfinders lack of promotion a few months back,
That they reviewed the standards and did nothing about it as recently as last season is dumb as hell, though - unless it's tied to Government money or something?
All stadiums > 10k puts you in a higher funding bracket than the alternative?
RFU/PRL incompetence/old boys club is more believable though

 

[LeinsterMan (NotTigsMan)]

Realistically how many people that are tight enough involved in the clubs that where in place 10 years are still involved with said clubs?

I think most clubs CEO's have been replaced in that time.

Look at Worcester that news only broke basically the day or two it went public. Only a handful of people at each club will truly know about the clubs true finances and taxes etc

 

[TRF_Olyy]

Worcester Wasps, anyone?