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Jersey Reds - Administration??? |
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WILD BOAR
First XV squad Joined: 06 Feb 2023 Location: GLOUCESTER Status: Offline Points: 51 |
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Have Coventry been informed by the RFU that their match at Jersey on 21st October is off yet?
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Camquin
World Cup Winner Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 11158 |
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Not just the Championship, it also applies to the Premiership - the Championship would kill for 7,000 crowds. And on a smaller scale, it happens further down the leagues.
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Sweeney Delenda Est
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Sid James
World Cup Winner Joined: 28 Jun 2013 Location: East Yorkshire Status: Offline Points: 1646 |
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Well said Fly-Half.
Championship Clubs need to be honest with regard to their limitations re: sponsorship, support and income. They need to reduce their squad sizes (on and off the field), reduce their wage bill and stop trying to 'keep up with the jones's' by paying players with grants and subsidies that are intended to support their Club as a whole.
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All Knwoing All Seeing
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Fly Half
First XV regular Joined: 15 Jun 2019 Location: Otley Status: Offline Points: 105 |
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Absolutely correct Bedford. Its about time Union fans stopped thinking the world owes rugby a living. 'The Gove should write off our debts/loans, the Council should build us a ground, our sugar daddy should give us more money etc, etc, etc. The solution to the financial crisis in rugby is very simple. Reduce players salaries by approx 20% across the board and reduce squad and ancillary sizes by approx 20%. You then immediately have a financially sound game. Stop pretending and protesting that we need a squad size of 50 players but a dozen coaches and analysts, stop paying £500,000 for a 20 st unfit loosehead, who plays a dozen games of 50 mins, infront of of a 7,000 crowd. |
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Bedford Bear
British and Irish Lion Joined: 04 Jun 2007 Location: Johannesburg Status: Offline Points: 252 |
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Not as I understood it. There was loan funding and tax payers money used for grant funding.
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tigerburnie
World Cup Winner Joined: 10 Jun 2012 Location: Scotland Status: Offline Points: 3647 |
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What tax payers money into the Premiership? There were government business loans during the covid pandemic that were available to many businesses other than rugby and is now being repaid. Worcester and Wasps seem to have been badly run, not too sure about Irish as there seems to be less information there, those three clubs were on a collision course with the wall due to debts they could not repay, Premiership clubs are now making those payments, or at least I know the Tigers are.
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WEvans
World Cup Winner Joined: 08 Dec 2016 Location: London Status: Offline Points: 1381 |
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Absolutely but that is of course and entirely different argument.
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Bedford Bear
British and Irish Lion Joined: 04 Jun 2007 Location: Johannesburg Status: Offline Points: 252 |
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Small fry compared to the amount of UK taxpayers’ money poured into Premiership Rugby clubs to stop them going bust estimated to be £124 million which didn't stop the loss of 3 premiership clubs |
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WEvans
World Cup Winner Joined: 08 Dec 2016 Location: London Status: Offline Points: 1381 |
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I think you are forgetting the very 'seen' cost to the island of the hundreds of thousands of pounds of taxpayers money contributed to the club in the last few years.
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corporalcarrot
World Cup Winner Joined: 22 Sep 2013 Location: St Brelade Status: Offline Points: 4724 |
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I find it difficult to criticize the politicians mate. Your support has been epic but the attendances last season show the general level of public support was probably less than half the numbers they get at Blues & Cov in a season the Reds won the league. The numbers I assume include the 200 proper people who pay to watch & eat in the clubhouse and the average is inflated hugely by the last couple of games. If the supporters contribute only £150 for a season ticket its a big ask to look to the tax payer to contribute. I list the attendances last season as quoted on the match reports:
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Dont kick it. Pick it up and GO FORWARD.
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rugbychris
First XV regular Joined: 02 May 2019 Location: London Status: Offline Points: 141 |
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The buying of success is the problem with rugby and pro-sport. Wage inflation and boom and bust naturally follows. Hopefully Bill and the RFU are doing everything they can to eradicate this
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FHLH
World Cup Winner Cambridge Joined: 19 Apr 2009 Location: Cambridge Status: Offline Points: 5265 |
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With Itoje allegedly looking for £1m there must be some Championship players who are on a premium package. If you add in car, accommodation, flights for foreign players, pension contributions etc. Nowhere near Itoje but based on my experience, surely some in the £50k + package band. Neverless, until the RFU grab the nettle of monthly reporting - both players and current preferential creditors, PAYE, VAT, Pension, Student Loan etc, at a minimum then this situation will continue.
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"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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Brizzer
World Cup Winner Joined: 09 Mar 2012 Location: Jersey Status: Offline Points: 3398 |
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Looking at the ‘unseen’ cost to the Island, I was in St. Aubin last night. For those who don’t know, St. Aubin’s is a very pretty village with a marina, a few hotels, restaurants and bars, which sits across the bay from St. Helier. It is about 2 miles from the rugby club and is served really well by a good bus route. After Reds games St. Aubin is normally rammed with people who have been to the game. The Traff public house is normally jumping. We were supposed to play Ealing last night (so sorry guys), but obviously couldn’t. St. Aubin was like a ghost town…. And the person who runs the Parish voted against the motion in the states. I wonder if his business owners are thanking him for that decision!!
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Tackle Low!!!!!
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corporalcarrot
World Cup Winner Joined: 22 Sep 2013 Location: St Brelade Status: Offline Points: 4724 |
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The minimum legal wage in Jersey is I believe £10.50 per hour and assuming a 35 hour week and 52 weeks a year would gross up to £19,110 which together with the standard employer social costs would result in a minimum legal cost per player of around £22K. The figure I heard quoted as the average cost of players was £26K which is a about 20% above the legal minimum but somewhere close to the living wage. I believe Jersey had 35 players which if we use the figure quoted would give a total player only cost of £910K. The other costs of coaches, insurance & medical support staff will increase this but only exacerbates the lack of transparency when global figures are bandied about without defining what they include or their source.
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Dont kick it. Pick it up and GO FORWARD.
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IslandLife
Mini and Juniors Joined: 07 Oct 2023 Location: Jersey Status: Offline Points: 11 |
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I would assume they are made up “guesstimates” based on no real information.
It does highlight one of the problems in the Championship - all the clubs basically try and pitch themselves as the “poor” one. Always claiming they are paying next to nothing, and any suggestion otherwise is untrue. I don’t know what the reality is - but that is certainly part of the problem. There should be a requirement for ALL clubs to be transparent and publish information on what they are paying players, coaches, administration etc. along with sources of funding (including if there is a rich guy investor who could one day pull out). Clubs go bust out of nowhere due to lack of due diligence. Step one is actually making everyone be a lot more open about their finances so everyone can see what is actually going on. If we get at least that we can start looking at proper rules around managing those finances and try and stop more clubs failing out of nowhere.
Edited by IslandLife - 07 Oct 2023 at 11:51 |
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Pirate Pig
World Cup Winner Joined: 14 Feb 2008 Location: Cornwall Status: Offline Points: 824 |
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I have just read the document produced by Jersey Reds and any sympathy I had for them is quickly disappearing. The proposed playing budget for the Pirates at £2M is way off the mark. I do wonder where they got these figures or was it a desperate last throw of the dice in the hope that the Jersey government would roll over and agree to a further bail out. These are the figures and I would be interested to hear what supporters from the other clubs think. Ealing £4M+ Coventry £2•5M+ Doncaster £2M+ Pirates £2M Jersey Reds £1•1M
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Dalesman
World Cup Winner Joined: 22 May 2007 Location: Yorkshire Status: Offline Points: 668 |
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..and that Jersey case also claims Doncaster and Pirates staff costs were £2million also. Surely not?
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Kimbo
World Cup Winner Joined: 31 May 2007 Location: 'incleh Status: Offline Points: 6211 |
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The days of the Trumpian Truth are certainly here to stay.
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Our Club |
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The Blues
World Cup Winner Joined: 05 Aug 2007 Status: Offline Points: 4801 |
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It looks like Jersey spent £500k more than 2 seasons ago when they were still competitive. Why on earth not cut that budget and keep the club. Although I did also hear that substantial bonuses were paid for winning the league last year. What substantial means and if true who knows.
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The Blues
World Cup Winner Joined: 05 Aug 2007 Status: Offline Points: 4801 |
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