Premiership financial issues

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Mikey Brown
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Re: Premiership financial issues

Post by Mikey Brown »

Maybe I was just out of the loop on all this, but there's a few interesting bits from Lawrence in here.

FKAS
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Re: Premiership financial issues

Post by FKAS »

Puja wrote: Fri Oct 07, 2022 8:43 am
FKAS wrote: Fri Oct 07, 2022 8:03 am Having a free weekend for all clubs during the 6N would be a good thing. I bet if they do reschedule everything to free up a weekend they'll plonk the PRC in it though.
Eh, I'd take that. No-one much cares about the PRC anyway, so it's not like it's important.

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I prefer it being midweek as it forces the clubs to all treat it as a development competition. Move it to the weekend and there's always one club that feels the need to send the first team out against a bunch of kids and turn a game into a meaningless 80-0 hiding.
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Puja
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Re: Premiership financial issues

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Update from Lee Blackett on Wasps: https://www.coventrytelegraph.net/sport ... source=nba
Wasps are 'definitely not in a position' to offer opportunities to Worcester Warriors players following the demise of their West Midlands rivals.

That was the sobering response from Wasps head coach Lee Blackett who admitted he is also unable to currently offer contract extensions to his own playing squad.
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Mellsblue
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Re: Premiership financial issues

Post by Mellsblue »

Apols if already posted, the times are reporting that the administrators have secured the land around Sixways to include in any purchase.
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Puja
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Re: Premiership financial issues

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Mellsblue wrote: Fri Oct 07, 2022 2:27 pm Apols if already posted, the times are reporting that the administrators have secured the land around Sixways to include in any purchase.
Fucking ace! Well done those lawyers!

Next step, hoping that a rusty nail and the balls of the owners will be included as an inherent part of the walls of Sixways.

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Re: Premiership financial issues

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Puja wrote: Fri Oct 07, 2022 1:04 pm Update from Lee Blackett on Wasps: https://www.coventrytelegraph.net/sport ... source=nba
Wasps are 'definitely not in a position' to offer opportunities to Worcester Warriors players following the demise of their West Midlands rivals.

That was the sobering response from Wasps head coach Lee Blackett who admitted he is also unable to currently offer contract extensions to his own playing squad.
Puja
Some agents are going to be agitating for Wasps players to sign deals elsewhere rather than hang on for an extension with a club that might may fold, and payers are going to be thinking about taking certainty over a flooded market.
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Re: Premiership financial issues

Post by Raggs »

Peej wrote: Fri Oct 07, 2022 3:11 pm
Puja wrote: Fri Oct 07, 2022 1:04 pm Update from Lee Blackett on Wasps: https://www.coventrytelegraph.net/sport ... source=nba
Wasps are 'definitely not in a position' to offer opportunities to Worcester Warriors players following the demise of their West Midlands rivals.

That was the sobering response from Wasps head coach Lee Blackett who admitted he is also unable to currently offer contract extensions to his own playing squad.
Puja
Some agents are going to be agitating for Wasps players to sign deals elsewhere rather than hang on for an extension with a club that might may fold, and payers are going to be thinking about taking certainty over a flooded market.
It should basically be known within 10 days. Whilst players will be wanting to have plans in place, I can't imagine that talks aren't ongoing with Wasps, and that players wouldn't be willing to wait to see which way the wind is blowing.
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Re: Premiership financial issues

Post by FKAS »

Raggs wrote: Fri Oct 07, 2022 7:30 pm
Peej wrote: Fri Oct 07, 2022 3:11 pm
Puja wrote: Fri Oct 07, 2022 1:04 pm Update from Lee Blackett on Wasps: https://www.coventrytelegraph.net/sport ... source=nba



Puja
Some agents are going to be agitating for Wasps players to sign deals elsewhere rather than hang on for an extension with a club that might may fold, and payers are going to be thinking about taking certainty over a flooded market.
It should basically be known within 10 days. Whilst players will be wanting to have plans in place, I can't imagine that talks aren't ongoing with Wasps, and that players wouldn't be willing to wait to see which way the wind is blowing.
Is there any particular big names coming up for renewal at Wasps?

Agents will have discussions now and I know moves seem to be agreed earlier and earlier but most happy Wasps players will wait at least 10 days. No need to hit the panic button just yet.
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Re: Premiership financial issues

Post by Raggs »

FKAS wrote: Fri Oct 07, 2022 8:12 pm
Raggs wrote: Fri Oct 07, 2022 7:30 pm
Peej wrote: Fri Oct 07, 2022 3:11 pm

Some agents are going to be agitating for Wasps players to sign deals elsewhere rather than hang on for an extension with a club that might may fold, and payers are going to be thinking about taking certainty over a flooded market.
It should basically be known within 10 days. Whilst players will be wanting to have plans in place, I can't imagine that talks aren't ongoing with Wasps, and that players wouldn't be willing to wait to see which way the wind is blowing.
Is there any particular big names coming up for renewal at Wasps?

Agents will have discussions now and I know moves seem to be agreed earlier and earlier but most happy Wasps players will wait at least 10 days. No need to hit the panic button just yet.
No idea, but it's normally about a third of the squad, so there's almost certainly going to be some.
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Mellsblue
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Re: Premiership financial issues

Post by Mellsblue »

Surely it’s salary cap out of the window time now. I think there also needs to be a central pot of money to pay for the squad fillers, particularly young EQP, to find places to play in the Champ and those Prem clubs who can’t afford to take on the wages
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Re: Premiership financial issues

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Coventry to make a surge for the Championship title?
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Mellsblue
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Re: Premiership financial issues

Post by Mellsblue »

Sensible.

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Oakboy
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Re: Premiership financial issues

Post by Oakboy »

If that is true, the players going to France or where-ever will need to be careful about their release clauses.
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Mellsblue
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Re: Premiership financial issues

Post by Mellsblue »

‘Players forced to leave England will be eligible for international selection up to the end of the 2023 World Cup. To be selected for the 2024 Six Nations and beyond, those players would need to be back playing in England.’
FKAS
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Re: Premiership financial issues

Post by FKAS »

Peej wrote: Wed Oct 12, 2022 4:20 pm Coventry to make a surge for the Championship title?
6th 10 points off top so they are still in the race. Should think they are hopeful of picking up some new spectators and maybe sponsors to give them a boost for the future though. Unless Wasps arrange an en mass loan agreement which I feel is unlikely.
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Re: Premiership financial issues

Post by Banquo »

Wasps now in administration, holding compny have some grace. Not sure how all that will pan out tbh.
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Re: Premiership financial issues

Post by Peej »

Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
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Re: Premiership financial issues

Post by Banquo »

Peej wrote: Mon Oct 17, 2022 5:05 pm Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
Very sad- suspect its even worse than Wuss when it all washes out?
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Re: Premiership financial issues

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Banquo wrote: Mon Oct 17, 2022 2:50 pm Wasps now in administration, holding compny have some grace. Not sure how all that will pan out tbh.
The entire playing staff has been made redundant as the opening act of the administrators. Wasn't expecting it to be that immediate.
Peej wrote: Mon Oct 17, 2022 5:05 pm Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
I'm so sorry Peej. Can't imagine what it must feel like. Hopefully they can be rescued in some form as part of this restructuring and Premiership 2 thing that the RFU are pitching.

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Re: Premiership financial issues

Post by Banquo »

Puja wrote: Mon Oct 17, 2022 5:11 pm
Banquo wrote: Mon Oct 17, 2022 2:50 pm Wasps now in administration, holding compny have some grace. Not sure how all that will pan out tbh.
The entire playing staff has been made redundant as the opening act of the administrators. Wasn't expecting it to be that immediate.
Peej wrote: Mon Oct 17, 2022 5:05 pm Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
I'm so sorry Peej. Can't imagine what it must feel like. Hopefully they can be rescued in some form as part of this restructuring and Premiership 2 thing that the RFU are pitching.

Puja
Brutal. And I think the ground /assets are in a separate holding company...so they are bu55ered as a club I'd think. Is that the same for Wuss, in the end?

Be a mad scramble for Willis J I'd think.
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Re: Premiership financial issues

Post by Peej »

Puja wrote: Mon Oct 17, 2022 5:11 pm
I'm so sorry Peej. Can't imagine what it must feel like. Hopefully they can be rescued in some form as part of this restructuring and Premiership 2 thing that the RFU are pitching.

Puja
Appreciate that
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Puja
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Re: Premiership financial issues

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Banquo wrote: Mon Oct 17, 2022 5:16 pm Brutal. And I think the ground /assets are in a separate holding company...so they are bu55ered as a club I'd think. Is that the same for Wuss, in the end?

Be a mad scramble for Willis J I'd think.
Not just JWillis either - West, Oghre, Barbeary, TWillis, Porter, Atkinson, Umaga, Spink, Kibirige - all young English talent that would fill several holes in several GP squads, and that's without considering the seasoned pros of Koch, Launchbury, Stooke, Bassett, et al. There surely must be some kind of salary cap exemption now.

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Re: Premiership financial issues

Post by Banquo »

Puja wrote: Mon Oct 17, 2022 5:24 pm
Banquo wrote: Mon Oct 17, 2022 5:16 pm Brutal. And I think the ground /assets are in a separate holding company...so they are bu55ered as a club I'd think. Is that the same for Wuss, in the end?

Be a mad scramble for Willis J I'd think.
Not just JWillis either - West, Oghre, Barbeary, TWillis, Porter, Atkinson, Umaga, Spink, Kibirige - all young English talent that would fill several holes in several GP squads, and that's without considering the seasoned pros of Koch, Launchbury, Stooke, Bassett, et al. There surely must be some kind of salary cap exemption now.

Puja
Willis J will be the big one I'd think. Barbeary. TWillis, Koch next. The rest will have a scramble. Also Brad Shields.
and yes.
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Re: Premiership financial issues

Post by Which Tyler »

Peej wrote: Mon Oct 17, 2022 5:05 pm Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
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Re: Premiership financial issues

Post by FKAS »

Peej wrote: Mon Oct 17, 2022 5:05 pm Wasps are dead. Christ, what a day. Even when I knew we were fucked, I didn't think it would be quite like this.
Sad day for rugby. Darkest times the sport has seen.
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