FORUMS > Hull FC > Offshore accounts |
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| Quote: ADFLO "We all as rugby league fans wonder how teams can afford to continually attract top paid players to their clubs without breaching salary cap rules.Whispers within the the game are that one way around salary cap breaches are to part pay players to offshore accounts (weve all probbably heard these before)but the same whsperers are now suggesting The RFL are already or are going to investigate these claims.Wonder if that is one of the reasons a certain overseas hooker from our club will not be taking a further 1 year option on his contract this year.'"
and the Human league are at no1 in the charts
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| The cap allows a modicum of restraint set in place by the RFL. Not only is this good in terms of the game as a whole as Old Faithful IAKW alluded to but it means one club cannot dominate due to having a backer with the deepest pockets & ensures business viability rather than surviving on the never never as per most if not all professional association football teams.
This in turn protects the fans as huge increases in tickets prices & merchandise would ensure to try to battle the additional costs involved with a non cap situation.
As it happens off-shore accounts are an excellent way of avodiing taxation on ones portfolio, you just have to know how to do it properly (ask Roman Obramovich's accountants for advise specifically they are excellent )
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| My opinion is RL is exactly like any other business, you spend what you can afford, if you overspend you die ala Leeds Utd
what that would do is get rid of dead wood in super league etc thats for sure .
whats the point in having a salary cap and then find some clubs are only spending half of that cap !! thus producing more often than not half the performance of everyone else!!
its a business first, sport second nothing more
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| Quote: knockersbumpMKII "The cap allows a modicum of restraint set in place by the RFL. Not only is this good in terms of the game as a whole as Old Faithful IAKW alluded to but it means one club cannot dominate due to having a backer with the deepest pockets & ensures business viability rather than surviving on the never never as per most if not all professional association football teams.
This in turn protects the fans as huge increases in tickets prices & merchandise would ensure to try to battle the additional costs involved with a non cap situation.
)'"
it simply makes the lesser clubs climb the ladder a little and stagnates the bigger clubs...
bit like saying you can earn 100k per year but you can only drive a mini!!
if your sucessful where is the incentive in the cap to become more sucesful.. just stagnating tactics , but we all have our own opinions and the cap wont change any time soon
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| Quote: Captain Dave "Pompey may have won the FA Cup , but they were relegated and have massive debts.
Possibly, a salary cap would have avoided this.'"
The likes of Salford, Wakefield, Crusaders, Quins, Cas would all go bankrupt if they spent the maximum cap, right now they hover at about 1.1m and make losses each season.
Either way it didnt prevent the likes of Quins, Oldham etc going bankrupt and others (celtic crusaders, gateshead) having major finance issues.
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| Quote: shambawangy "The likes of Salford, Wakefield, Crusaders, Quins, Cas would all go bankrupt if they spent the maximum cap, right now they hover at about 1.1m and make losses each season.
Either way it didnt prevent the likes of Quins, Oldham etc etc going bankrupt and others (celtic crusaders, gateshead) having major finance issues.'"
we will see clubs still go bump even with the cap in place.
if they dont employ the names to bring in the fans the revenue naturally declines as the results do also !!!
cap is not a club saver
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| I think your all missing a big point. Higher wages is a waste of money in the sense that it doesn't improve the quality of the game. The same players play the game, in business you would invest in a mass marketing campaign with a big budget for example but the rfl ensure the money is for development off the pitch so you invest in youth and community projects.
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| Quote: EXPRO "it simply makes the lesser clubs climb the ladder a little and stagnates the bigger clubs...
bit like saying you can earn 100k per year but you can only drive a mini!!
if your sucessful where is the incentive in the cap to become more sucesful.. just stagnating tactics , but we all have our own opinions and the cap wont change any time soon'"
Without the cap there would only be Wigan, Bradford, Saints and Leeds (as was originally the case) with lots of cannon fodder in the other spots. Perhaps Warrington would be there because of their backer. The salary cap is a complex organism going hand-in-hand with the "quota" system and the franchise mechanism with the intention of helping us to have nore competition and develop home-grown talent. For their long-term ambition in this, I think the RL has to be applauded. It is clear that, at first there may be a dip in the overall quality because of the lack og British talent around but, as time has passed, we have seen quite a few starlets coming through the ranks at many clubs. Even now, the people with the financila backers can lure players away (a la Warrington and Salford). I personally am not interested in going back to the days when teams were made up almost entirely of overseas players with the top teams being able to afford the best and the rest only affording journeymen. The Football Premier League is a great example of how that works - a load of foreign players taking all the cash handed out by billionaire benefactors, four or five clubs with all of the money (but not from being viable businesses) buying up all of the youngsters and discarding them if they don't make the grade and sharing out the trophies between them year after year after year. At least the RL are attempting to give clubs the opportunity to compete.
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| Quote: downtheante "Without the cap there would only be Wigan, Bradford, Saints and Leeds (as was originally the case) with lots of cannon fodder in the other spots. Perhaps Warrington would be there because of their backer. The salary cap is a complex organism going hand-in-hand with the "quota" system and the franchise mechanism with the intention of helping us to have nore competition and develop home-grown talent. For their long-term ambition in this, I think the RL has to be applauded. It is clear that, at first there may be a dip in the overall quality because of the lack og British talent around but, as time has passed, we have seen quite a few starlets coming through the ranks at many clubs. Even now, the people with the financila backers can lure players away (a la Warrington and Salford). I personally am not interested in going back to the days when teams were made up almost entirely of overseas players with the top teams being able to afford the best and the rest only affording journeymen. The Football Premier League is a great example of how that works - a load of foreign players taking all the cash handed out by billionaire benefactors, four or five clubs with all of the money (but not from being viable businesses) buying up all of the youngsters and discarding them if they don't make the grade and sharing out the trophies between them year after year after year. At least the RL are attempting to give clubs the opportunity to compete.'"
Good post.
And to address the OP surely once the players are on the island all their accounts are then offshore ?
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| Quote: EXPRO "it simply makes the lesser clubs climb the ladder a little and stagnates the bigger clubs...
bit like saying you can earn 100k per year but you can only drive a mini!!
if your sucessful where is the incentive in the cap to become more sucesful.. just stagnating tactics , but we all have our own opinions and the cap wont change any time soon'"
Sorry but I don't agree with you saying top clubs stagnate, the cap works in many differing ways and is definitely beneficial for the sport as a whole.
The cap is still relatively in its infancy and it is to give a level playing field for all clubs, top clubs dont stagnate they HAVE even more incentive to develop local youngsters because of the cap.
The cap forces coaches to use tactical nous and development of players (young & old) to better the opposition rather than just waving huge salaries at the top players to lure them to a club (which is what we had with Wigan previously)
IF we want to see a more even competition in the future (& this year has been great with Crusaders improving imeasurably) & certainly fewer & fewer drubbings (as 40/50/60+ wins on a regular basis isn't all that to watch as a contest even if it is us winning) then a set cap is the way to go.
Your analogy is incorrect anyhow in relation to how the cap works.
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| Quote: downtheante "Without the cap there would only be Wigan, Bradford, Saints and Leeds (as was originally the case) with lots of cannon fodder in the other spots. Perhaps Warrington would be there because of their backer. The salary cap is a complex organism going hand-in-hand with the "quota" system and the franchise mechanism with the intention of helping us to have nore competition and develop home-grown talent. For their long-term ambition in this, I think the RL has to be applauded. It is clear that, at first there may be a dip in the overall quality because of the lack og British talent around but, as time has passed, we have seen quite a few starlets coming through the ranks at many clubs. Even now, the people with the financila backers can lure players away (a la Warrington and Salford). I personally am not interested in going back to the days when teams were made up almost entirely of overseas players with the top teams being able to afford the best and the rest only affording journeymen. The Football Premier League is a great example of how that works - a load of foreign players taking all the cash handed out by billionaire benefactors, four or five clubs with all of the money (but not from being viable businesses) buying up all of the youngsters and discarding them if they don't make the grade and sharing out the trophies between them year after year after year. At least the RL are attempting to give clubs the opportunity to compete.'"
Yeah, what he said, I didn't plagiarise your piece btw
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| Quote: Mild Rover "Hull's (successful!) business model wouldn't benefit from the abolition of the cap, IMO. Club's (and their owners eg Moran at Wire) more willing to run losses would be the big on-field beneficeries, while trying/failing to keep up would eat into Hull's modest profits.
RL isn't just another business. Firstly, people buy into it for reasons other than financial gain. And also, sports clubs [ineed[/i competition.'"
Agree with that but I do think that clubs that trade in the black should be rewarded with a larger cap than those who don't, that would then encourage a few clubs that are losing money and seem to be content to do so like Huddersfiled, Salford and Wakey to get their houses in order!
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| Quote: EXPRO "My opinion is RL is exactly like any other business'"
How many businesses can alienate their customers and still expect them to come back??
(Not including KC)
Quote: EXPRO "its a business first, sport second nothing more'"
What a stupid comment. Sports are only businesses because of the thousands of fans that are prepared to part with their hard earned. If it wasn't for the love of the sport there would be no business. The vast majority of sport fans become disillusioned with clubs when they are seen as only a business that cares not for the fans.
Yes, you want your club to be run well (like a business would be).
Also, if so why are Hull the only club in SL run like a business??
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| Quote: Willa "How many businesses can alienate their customers and still expect them to come back??
(Not including KC)
What a stupid comment. Sports are only businesses because of the thousands of fans that are prepared to part with their hard earned. If it wasn't for the love of the sport there would be no business. The vast majority of sport fans become disillusioned with clubs when they are seen as only a business that cares not for the fans.
Yes, you want your club to be run well (like a business would be).
Also, if so why are Hull the only club in SL run like a business??'"
if its not a business then where do the profits go to??
a trust fund for retired players
if it is designed to make a prifit then it is a business in any guise you care to make it!!
but thanks for the insult , well done!!
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| Quote: The Dentist Wilf "Agree with that but I do think that clubs that trade in the black should be rewarded with a larger cap than those who don't, that would then encourage a few clubs that are losing money and seem to be content to do so like Huddersfiled, Salford and Wakey to get their houses in order!'"
Yes, I see no reason is principle why the cap couldn't be banded in some (limited) way. The main virtue of the current system is it's simplicity.
One problem though is that if a club isn't operating at the cap or the most obvious way to get their house in order is cutting the wage bill, a larger cap isn't much of an incentive. And if somebody is content to lose money - is that a problem? It's their money and the cap stops anybody distorting the competition too much.
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