Quote: The pieman "there was an article shared on facebook about 3-4 weeks ago with the level of debt in club RU
lots of comments saying it was untrue and that the business models were sound, and that its normal in business to carry that level of debt
since then, however, 2 clubs have gone bust, so there must have been some truth / relevance in the article, and the question to be asked, are there more to follow?'"
Interesting read on RedVee (seriously) on this topic, one of the posters has pointed out Leicester RU's next two home fixtures were to be Wasps and Worcester and they (Leicester) are expecting the cancellation of those fixtures to cost them in the region of £700k in lost revenue.
Massive knock on effect for the entire league