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Exeter chief executive Rowe calls for better centr

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tigerburnie View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tigerburnie Quote  Post ReplyReply Direct Link To This Post Posted: 19 Oct 2023 at 19:50
It has been stated that Tigers were losing that sort of figure when Wasps and Worcester went under, Gloucester were in the list of creditors for that sort of figure from Worcester going under, the figures are big and if a game is lost, the consequences are very quickly felt. Clubs have been telling us they were managing before a year of no fans took all the cash flow away. How they will carry on with only ten teams is unsure, as has been stated on here, National league teams need 14 teams to keep going, so it's not just at the top is it, how will the Championship manage with a spare weekend this season after Jersey had to pull out?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Greg Quote  Post ReplyReply Direct Link To This Post Posted: 19 Oct 2023 at 19:54
"...how will the Championship manage with a spare weekend this season after Jersey had to pull out?
Answer - Badly

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Richard Lowther View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Richard Lowther Quote  Post ReplyReply Direct Link To This Post Posted: 19 Oct 2023 at 21:28
Originally posted by Camquin Camquin wrote:

If they do get an increased TV deal, 20% of it goes direct to CVC.
And the clubs pay that every year from now until eternity.
But I am sure the professional clubs are run by the best business minds.
Or do i mean CVC is run by the best business minds?


27% minimum and there are rumours some clubs forfeited more. 
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Raider999 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Raider999 Quote  Post ReplyReply Direct Link To This Post Posted: 22 Oct 2023 at 13:55
Originally posted by tigerburnie tigerburnie wrote:

Originally posted by Camquin Camquin wrote:

I assume they have done some work on heating, and/or coverings to make this less likely.

Seemingly Ulster have coverings for the pitch, they just weren't used for some reason.


I think they have replaced the grass pitch with a 3g.

Agree, failure to cover the pitch adequately presumably had a large bearing on movement - Ulster ruing that decision?
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tulip View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tulip Quote  Post ReplyReply Direct Link To This Post Posted: 22 Oct 2023 at 14:36
Originally posted by Raider999 Raider999 wrote:

Originally posted by tigerburnie tigerburnie wrote:

[QUOTE=Camquin]I assume they have done some work on heating, and/or coverings to make this less likely.

Seemingly Ulster have coverings for the pitch, they just weren't used for some reason.


I think they have replaced the grass pitch with a 3g.

Agree, failure to cover the pitch adequately presumably had a large bearing on movement - Ulster ruing that decision? [/QUOTE

Ulster did have the pitch fully covered.(picture on BBC rugby website). The pitch would have been playable on Saturday at 5.30pm. But unfortunately a decision had to be made early on Friday probably for TV reasons 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Steve@Mose Quote  Post ReplyReply Direct Link To This Post Posted: 11 Jan 2024 at 13:34
Exeter Chiefs: Pre-tax losses rise to more than £4.5m at Premiership club

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Exeter Rugby Group, which runs Exeter Chiefs, made a pre-tax loss of more than £4.5m in the year to June 30 2023.

The group, which also oversees the events business based at the Premiership club's Sandy Park home, saw pre-tax losses rise by £1.7m from 2022.

The year saw Exeter have a full season without Covid-19 restrictions, but the club say they were hit by the rise in the cost of living and lower crowds.

Exeter sold a stake in a hotel to help pay off Covid-related loans.

Accounts show the group's bank borrowings dropped by almost £20.9m in the period, to just under £2.6m.

During the season - which saw Worcester, Wasps and London Irish all go bust - Exeter's men's side finished seventh in the Premiership and reached the semi-finals of the European Champions Cup.

Exeter's women's side were beaten in the Premier 15's final, but did retain the Allianz Cup.

Turnover rose by just under £5m to almost £25.7m - mainly driven by a rise in the money generated by the hotel and Sandy Park events, rather than rugby-based income - but the profit on those sales fell due to higher costs.

The group's wage bill increased by £1.76m to £14.1m - the men's rugby side of the business saw a number of high-profile senior stars such British and Irish Lions players Stuart Hogg, Jack Nowell, Luke Cowan-Dickie and Sam Simmonds leave the club at the end of the season for which the accounts cover.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tigerburnie Quote  Post ReplyReply Direct Link To This Post Posted: 11 Jan 2024 at 13:41
It looks like Exeter over spent to try and keep themselves at the top, I am unfamiliar with how their academy works, but they do seem to buy in a lot more players than some others do. Leicester have some high profile imports, but the majority of the current squad are from their own academy, but as more of those become internationals, their wages tend to go up, I expect a fair amount of players will be not getting new contracts, even with the salary cap rising.
25 hybrid contracts will barely have any effect on the salary bills.
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