Quote: DaveO "The massive new TV rights deal RU has secured has obviously passed you buy. It's £38m a season for four seasons and the Premiership clubs are planning to increase their salary caps on receipt of their share of this money. How big their crowds are or how rich their owners are is just not an issue when that sort of cash comes flowing in. And that is before they secure any other sponsorship which you can bet won't be given away for free to Stobarts and before they get any central funds off the RFU.
They are not even attempting to fund their outgoings of gate receipts. If you think RU is in a bad state financially you are barking up the wring tree. We are the sport trying to run clubs on a £700K handout from Sky and then balancing the books by the clubs generating their own revenue. Just how much money do you think a team as big as Wigan can squeeze out of the fans never mind the likes of Wakey?
All this "I prefer the club to be self supporting financially" is a load of rubbish in this day and age for pro sport. In the past the odd sugar daddy like Dave Whelan could bank roll a club but now its well past that already in RU. Like soccer but on a smaller scale it is generating such a big income from outside revenue it's taking players wages to a new level.
Pro sport has become a very costly exercise where the costs way outweigh what monies clubs can generate in a traditional way. RU played BT Vision off against Sky to get a great TV deal in these so called times of Austerity. How far away is that from giving the sponsorship away for nothing?'"
The RU Clubs should use that extra tv money to balance there books out. Saracens losing £6mil a year even with the extra tv money they will still lose money and any extra money they get they want try using it to stop there mass exdous to the french RU instead of wasting it on RL players. If Rugby Union clubs are so safe why did Wasp going into admin ? How can crowds and rich owners not be an issue for RU clubs with this "money flowing in" the money flowing in is obviously not as much as the money flowing out otherwise all aviva premership clubs would post profits but only 2 clubs do
