![]() |
IMPORTANT Remember to read the rules of the board and abide by them when posting. |
The venerable Peter Higgins is incredulous |
Post Reply ![]() |
Page 12> |
Author | |
workerbee ![]() World Cup Winner ![]() ![]() Joined: 20 May 2009 Location: Wirral Status: Offline Points: 953 |
![]() ![]() ![]() ![]() ![]() Posted: 10 Apr 2023 at 21:22 |
I believe that the RFU are seriously considering having no relegation from the championship , saving either Richmond or London Scottish and having a 14 team league plus a cup competition with the first six weeks being for the cup , whilst the World cup is on. The league will then start in Mod October and carry on into May. Championship clubs will be required to play 32 matches. What happened to player safety and reducing the number of games. This will only happen for one season so what is the point.
|
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
I cannot even see what the possible financial benefit is. Does the RFU believe that this new club will be awash with thousands of supporters that will benefit the Championship. Personally I very much doubt it.
It is just a decision with seemingly absolutely no merit that reflects very badly on the integrity, ability and common sense of the RFU. I hope someone can provide me with some potential justification because if there is none the RFU are in danger of being considered to be less than competent
|
|
''The future isn't what it used to be''
|
|
![]() |
|
Brizzer ![]() World Cup Winner ![]() ![]() Joined: 09 Mar 2012 Location: Jersey Status: Offline Points: 3398 |
![]() ![]() ![]() ![]() ![]() |
Trust me Big Eddie, we are all asking ourselves exactly the same thing. |
|
Tackle Low!!!!!
|
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
I would like someone to explain to me what or how logic or fairness is involved in allowing a new rugby club called Wasps to enter the pyramid at level 2. I cannot see any justification for it and it once again smacks of chicanery
Edited by Big Eddie - 10 Apr 2023 at 17:01 |
|
''The future isn't what it used to be''
|
|
![]() |
|
All the Way ![]() World Cup Winner ![]() Joined: 21 Apr 2011 Status: Offline Points: 618 |
![]() ![]() ![]() ![]() ![]() |
Great community club, just up the road from me!
|
|
![]() |
|
Whistle watcher ![]() First XV regular ![]() Joined: 17 Jun 2019 Location: Midlands Status: Offline Points: 98 |
![]() ![]() ![]() ![]() ![]() |
I was advised last weekend that there are pans for 12, 13 and 14 sides in the Championship, 14 being LS relegated, Wasps parachuted in, Rams and Sale FC promoted and ....wait for it.. Newcastle relegated having taken a £10m bung from the RFU to take relegation and no promotion, thus achieving the so long awaited ring fenced prem.
I know what Mark says, but it's just another twisted tale in a long convoluted series fo them. Edited by Whistle watcher - 09 Apr 2023 at 09:25 |
|
![]() |
|
Kimbo ![]() World Cup Winner ![]() Joined: 31 May 2007 Location: 'incleh Status: Offline Points: 6726 |
![]() ![]() ![]() ![]() ![]() |
TheMK Dons of rugby. At least they had the decency to move just once.
|
|
Our Club |
|
![]() |
|
Kimbo ![]() World Cup Winner ![]() Joined: 31 May 2007 Location: 'incleh Status: Offline Points: 6726 |
![]() ![]() ![]() ![]() ![]() |
Quite
|
|
Our Club |
|
![]() |
|
Camquin ![]() World Cup Winner ![]() ![]() Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 12090 |
![]() ![]() ![]() ![]() ![]() |
Wasps FC is a perfectly fine club. With great rivalries with Saracens, Ealing and London Scottish. Herts II is a great league. Wasps RFC is a mere phantom
|
|
Sweeney Delenda Est
|
|
![]() |
|
Moseley Mauler ![]() World Cup Winner ![]() ![]() Moseley Joined: 22 May 2007 Location: England Status: Offline Points: 691 |
![]() ![]() ![]() ![]() ![]() |
Wasps are a franchise, not a club...
|
|
![]() |
|
Camquin ![]() World Cup Winner ![]() ![]() Joined: 01 Jun 2007 Location: Cambridge Status: Offline Points: 12090 |
![]() ![]() ![]() ![]() ![]() |
Or not, depending on who ends up in the division.
|
|
Sweeney Delenda Est
|
|
![]() |
|
corporalcarrot ![]() World Cup Winner ![]() ![]() Joined: 22 Sep 2013 Location: St Brelade Status: Offline Points: 4724 |
![]() ![]() ![]() ![]() ![]() |
In the interest of balance I would also record that imo this has been a brilliant rugby season in Championship and the quality of rugby has been as good as I have seen in the last decade or so. The league has remained competitive at the top and bottom and with a few rounds to go it is still all to play for. There have been just shy of 8 tries scored in every game and there is only one hooker in the top ten individual try scorers. Scottish have done what they could with limited finances to compete and but for a couple of missed conversions nearly beat Jersey at St Peter and I for one will welcome them and Wasps next season in the same way I would any visiting team. The teams in the Championship next season will be determined by the RFU whom I have limited respect for but the clubs that we play should always be welcome.
Edited by corporalcarrot - 06 Apr 2023 at 17:39 |
|
Dont kick it. Pick it up and GO FORWARD.
|
|
![]() |
|
WEvans ![]() World Cup Winner ![]() Joined: 08 Dec 2016 Location: London Status: Offline Points: 1456 |
![]() ![]() ![]() ![]() ![]() |
Big Eddie,
Firstly I totally accept your points above and am delighted Caldy have had a great and enjoyable season in the Championship. My comment suggesting meaningful rugby does not exist in the Championship was made for several reasons. Firstly due to the ludicrous situation where one of the member clubs can only participate due to borrowing players from other clubs (31 so far by my reckoning). Secondly due to the farcical matter of promotion and thirdly due to the scandalous shenanigans apparently taking place to welcome the morally as well as financially bankrupt Wasps next season. I fully accept the above is not the fault of the clubs (with the exception of the one which isn't really a club anymore) but in my humble opinion it all makes the Championship a meaningless league even if there is some decent rugby played. Apologies for not making this clearer in my original post and I for one will welcome Caldy back to the National League if and when they are "fortunate" enough to win the only sort of promotion from the Championship that matters!
Edited by WEvans - 06 Apr 2023 at 15:32 |
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
FHLH,
The 'troubled club' has a going concern qualification relating to material uncertainty in its latest filed accounts. The other club has written confirmation from its parent company relating to funding and the audit reort has no qualification re going concern. I would suggest that the biggest issue in the balance sheet of both companies is the valuation of the P shares. With an ascribed carrying value of nearly £20m and nearly £18m for these 'investments' in the respective balance sheets I would suggest that if I asked Pete (I think everyone knows the venerable Peter Higgins well enough now that we can be more familiar) whether he would pay such amounts for these P shares he wouldn't need to ask his financial advisor .
Edited by Big Eddie - 05 Apr 2023 at 06:23 |
|
''The future isn't what it used to be''
|
|
![]() |
|
FHLH ![]() World Cup Winner ![]() Cambridge Joined: 19 Apr 2009 Location: Cambridge Status: Offline Points: 5681 |
![]() ![]() ![]() ![]() ![]() |
BE - my accountancy days are long gone. Where does "Going concern" and "Trading whilst insolvent" fit in to the equation?
|
|
"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
|
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
WEvans,
I don't take issue with your assessment and I reinforce some of what you say below. However, I have to say that despite my own apprehension as to what the Championship experience would be like for Caldy I have enjoyed the experience way better than I expected. My present assessment of the Championship after almost a full season: 1. All the clubs without exception have been hugely hospitable and appear to be run by proper rugby people. It has been a joyous experience to visit these Championship clubs 2. The quality and standard of rugby has not been the attritional slug fest I feared. Some of the play has been exhilarating, exciting and hugely entertaining. The Caldy v Bedford match was one of the greatest games of rugby I have ever seen.......and I have seen a few games! 3. Any team can beat any other on their day.....it is just a great product. 4. The pre match and post match craic has been exceptional and the Ravers' creed 'Win or lose we are on the booze' is not out of place, Economically rugby at the elite level is just plain bonkers. It is a terrible business with no prospect of ever reaching self sufficiency. I just pulled the latest filed sets of accounts for two different Premiership sides. One is acknowledged to be in difficulty. I haven't seen any such comment about the other. The latest publicly available balance sheet of the 'troubled' club has net liabilities of circa £4m (after including the value of the P Shares at a staggering £20m) The latest publicly available balance sheet of the other club has net liabilities of £1.5million (after including the P Shares at a valuation of nearly £18m) Based on the filed accounts both clubs are heavily loss making and they only remain solvent because their owners continue to support them. I doubt whether either of the owners would persist with such a 'business' in any other sector. I am sure if I pulled a few more sets of accounts the pattern would be repeated. Rugby is a shockingly bad business and for the life of me I cannot understand how any owner can enjoy the experience. It must be a gut wrenchingly corrosive ride.......with no end. The Championship and National 1 down seems to be a very much better place to be.
Edited by Big Eddie - 04 Apr 2023 at 20:43 |
|
''The future isn't what it used to be''
|
|
![]() |
|
WEvans ![]() World Cup Winner ![]() Joined: 08 Dec 2016 Location: London Status: Offline Points: 1456 |
![]() ![]() ![]() ![]() ![]() |
I fear the rugby equivalent of Dignitas is the only option. I have long held the opinion that we need the majority of clubs in the Premiership to go to the wall in order for our game to be reset to operate in a sustainable manner. And if that means our top clubs are unable to compete in the European South African Cup then so what? Until then for me meaningful rugby only exists from the National League down and even that is becoming polluted by the incompetence above it. (No offence intended Big Eddie!).
|
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
John, I am sure when I explain your logical observation to the venerable Peter Higgins he may well turn to drink
|
|
''The future isn't what it used to be''
|
|
![]() |
|
Big Eddie ![]() World Cup Winner ![]() ![]() Joined: 19 Jun 2007 Status: Offline Points: 5122 |
![]() ![]() ![]() ![]() ![]() |
I completely agree Brizzer and I think the venerable Peter Higgins will as well when I next discuss the situation with him....
|
|
''The future isn't what it used to be''
|
|
![]() |
|
JohnLowe ![]() World Cup Winner ![]() Joined: 24 Oct 2015 Location: Doncaster Status: Offline Points: 302 |
![]() ![]() ![]() ![]() ![]() |
What makes the idea of a 14 team Championship even more incredulous is that the following season it has been suggested that will be reduced by 5 to give two 10 team Premiership 1 and 2 (ie 11 + 14 less 10 less 10). Hope this makes sense and that’s before I have touched a drop of 🍷
|
|
![]() |
Post Reply ![]() |
Page 12> |
Tweet
|
Forum Jump | Forum Permissions ![]() You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |