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The RFU thinks it is just a PR problem!! |
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rugbychris 
British and Irish Lion 
Joined: 02 May 2019 Location: London Status: Offline Points: 178 |
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 Posted: 8 hours 23 minutes ago at 14:12 |
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wouldnt surprise me in the least. they are very cagey around investment specifics.
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Camquin
World Cup Winner 
Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 11671 |
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Posted: 7 hours 51 minutes ago at 14:44 |
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The Board remuneration is a separate line item. We can imply for BS's comments that it includes The insurance premiums that cover loss of earnings for amateur players. While the cover is minimal, it can be vital for those that do need to claim. All payments to referees outside the top two levels. I doubt these have kept pace with inflation. Including all the costs of running the Referees Societies. All the costs of running the CBs and the NCA. The Astroturf pitches - though the roll-out seems to have slowed. Loans and grants for new facilities - though again this is being squeezed. And an ever reducing number of Rugby Development Officers. It would be helpful if those with closer links could put numbers on each of these. The key thing, is that the amount paid to clubs is lower than it was 8 years ago. While the money paid to the professional game has doubled, and of that, more of that goes to the ten Premiership clubs as the funding to Championship clubs has gone down £3 million.
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Sweeney Delenda Est
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Big Eddie
World Cup Winner
Joined: 19 Jun 2007 Status: Offline Points: 5060 |
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Posted: 7 hours 19 minutes ago at 15:16 |
Where the Board remuneration and all other staff costs are shown in the Profit and Loss account is certainly not clear. Although I am a Chartered Accountant is very many years since I produced a set of PLC type accounts. Although there is disclosure in the notes around Board remuneration this note is not referenced against either Cost of Sales or Overheads . I do not think there is anything under the Companies Act or the various accounting standards which would stop the RFU chucking employment costs and other overhead costs into the bucket market Rugby Development Investment. Do I know that such employment and overhead costs are included in the £30.5m bucket labelled Rugby Development Investment costs?......No I do not know. Am I suspicious of the £30.5m Rugby Development Investment number .....Yes I am hugely suspicious of this number because I do not trust the RFU to be clear and transparent on anything. This is how far my trust in the RFU has fallen in recent years and for me this lack of trust started before Bill Sweeney's tenure but it has now completely evaporated
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''The future isn't what it used to be''
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Thatbloke
World Cup Winner
Joined: 02 Sep 2017 Location: Newport Status: Offline Points: 1788 |
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Posted: 5 hours 59 minutes ago at 16:36 |
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Small point maybe but there is NO cover for loss of earnings for amateur players within the RFU Block policy. It is very strictly for insurance against serious injury and is very specific. Loss of Limbs or Neck injuries/paralysis are all that is covered. Important for those who are unfortunate enough to suffer such injury but thankfully few and far between
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Camquin
World Cup Winner
Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 11671 |
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Posted: 5 hours 37 minutes ago at 16:58 |
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Thanks ThatBloke - I recalled it being very limited, but it is obviously even less than I remembered. As limited as it is, it is still useful for those it does pay out to.
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Sweeney Delenda Est
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Camquin wrote: