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Champ clubs reject Prem 2 franchise model |
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workerbee ![]() World Cup Winner ![]() ![]() Joined: 20 May 2009 Location: Wirral Status: Offline Points: 910 |
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I think the Championship clubs have made it clear what they want.
What I would say the main issue is that the RFU will not sit down with the championship directly and put their model in writing, which would allow the Championship to put their proposals
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Richard Lowther ![]() Coaching staff ![]() ![]() Moderator Joined: 19 May 2007 Location: England Status: Offline Points: 6574 |
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I'm reviving Wakefield and bidding for a place in Premiership 2.
We meet the criteria, we are a club with heritage, international representatives, World Cup winners, we have no ground, no team and no money. Perfect candidates.
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Raider999 ![]() World Cup Winner ![]() Joined: 18 Jan 2013 Location: Crawley Status: Offline Points: 4455 |
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When the Championship clubs first rejected the Franchise Premiership 2 I said RFU would impose it -:it seems I was correct.
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RAID ON
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corporalcarrot ![]() World Cup Winner ![]() ![]() Joined: 22 Sep 2013 Location: St Brelade Status: Offline Points: 4724 |
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Dont kick it. Pick it up and GO FORWARD.
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Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5043 |
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Any stock market listed company with a similar quantum of revenue as the RFU and behaved in the manner that the RFU has done for the last 20 years would probably be de-listed as it is unlikely any institutional investor would touch them...because:
1. There is no accountability to the vast majority of its shareholders (the member clubs) 2. Although the RFU has only one class of shares it treats individual shareholders very differently even though each shareholder only has one vote 3. A tiny minority of shareholders (10 in total) each get 100+ times more of the available RFU resources than is enjoyed by most of the other shareholders 4. The RFU's Executive management team have under performed for the last 20 years 5. The CEO's pay packet is obscenely disproportionate to his abilities, the lack of risk and the scandalous lack of performance 6. The RFU is able to change its announcements/timetables at will with absolutely no regard for the impact on its shareholders (other then those special 10 shareholders) 7. The RFU doesn't engage with 99.95% of its shareholders but does engage fully and comprehensively with shareholders that collectively total less than 0.05% of the shareholder base 8. The RFU's Articles of Association and its corporate governance structures appear to perpetuate cronyism and a shocking lack of accountability 9. The sport the RFU is administering is in serious decline even without considering the existential threat of the 'concussion issue' 10. The senior executives led by the CEO seem to be deluded and 'all over the place like a mad woman's p**s' I would be a short seller of such a company......that is if I was able to find any buyers who would enable me to take such a short position Edited by Big Eddie - 06 Dec 2023 at 17:01 |
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''The future isn't what it used to be''
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corporalcarrot ![]() World Cup Winner ![]() ![]() Joined: 22 Sep 2013 Location: St Brelade Status: Offline Points: 4724 |
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Dont kick it. Pick it up and GO FORWARD.
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SK 88 ![]() World Cup Winner ![]() Joined: 08 Sep 2011 Location: Leicester Status: Offline Points: 588 |
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In all seriousness. Yes. That is exactly what they would support & exactly what they are aiming for. If Waterloo sold the rights to exploit their name to a bidder from Liverpool the RFU would jump at the chance.
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SK 88 ![]() World Cup Winner ![]() Joined: 08 Sep 2011 Location: Leicester Status: Offline Points: 588 |
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So, under this logic the Championship clubs would reject the French LNR model? Teams are not allowed to be promoted into ProD2 without passing a promotion audit, I think 3 or 4 teams in the 20 years have failed it. Teams are relegated for off the field offences, Mont du Marsan got relegated from the top tier to the third tier for financial offences. Or are there caveats in those wants where a compromised position could be found?
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SK 88 ![]() World Cup Winner ![]() Joined: 08 Sep 2011 Location: Leicester Status: Offline Points: 588 |
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From the, rather large, budget for match fees. The idea goes that 15-25 players would effectively swap the majority of their match fees for guaranteed wages, with maybe 20% variable on selection or whatever.
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