£9million
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Category: League Rugby - www.leaguerugby.co.uk
Forum Name: The Championship
Forum Description: Discuss the 12 clubs forming the English Championship.
URL: http://www.leaguerugby.co.uk/forum_posts.asp?TID=18497
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Topic: £9million
Posted By: The Blues
Subject: £9million
Date Posted: 19 Nov 2020 at 12:43
So the Championship is getting £9million. £750k per club I guess although whether that will be split more on crowds sizes I guess details will be announced.
Premiership get £59million and below Championship £23million.
Forgot to mention that I saw the support in general mainly consisted of loans (not sure about the split though)! Not sure any Championship club wants a loan to replace income.
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Replies:
Posted By: Bluesman11
Date Posted: 19 Nov 2020 at 13:23
Hopefully they follow in football’s footsteps and do the logical thing and split by attendance. Good news either way
------------- Championship Prediction League Winner 11/12
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Posted By: Brizzer
Date Posted: 19 Nov 2020 at 13:33
This will certainly keep the clubs afloat for now and is the best news that we have heard this year. Presumably the RFU will keep the rest against list revenues from international matches. For once that seems fair, as long as it is on top of the usual funding for Championship clubs and not instead of.
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Posted By: Bluesman11
Date Posted: 19 Nov 2020 at 13:44
Brizzer wrote:
This will certainly keep the clubs afloat for now and is the best news that we have heard this year. Presumably the RFU will keep the rest against list revenues from international matches. For once that seems fair, as long as it is on top of the usual funding for Championship clubs and not instead of. |
I thought this too, but I wouldn’t get your hopes up. Suspect they’ll be no rfu funding.
------------- Championship Prediction League Winner 11/12
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Posted By: Raider999
Date Posted: 19 Nov 2020 at 14:45
Bluesman11 wrote:
Brizzer wrote:
This will certainly keep the clubs afloat for now and is the best news that we have heard this year. Presumably the RFU will keep the rest against list revenues from international matches. For once that seems fair, as long as it is on top of the usual funding for Championship clubs and not instead of. |
I thought this too, but I wouldn’t get your hopes up. Suspect they’ll be no rfu funding. |
Surely, this money is to replace what they haven't had, being attendances and money not provided by RFU, not on top of other income.
£9 million between 12 clubs seems over-generous to me.
------------- RAID ON
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Posted By: Brizzer
Date Posted: 19 Nov 2020 at 16:00
Raider999 wrote:
Bluesman11 wrote:
Brizzer wrote:
This will certainly keep the clubs afloat for now and is the best news that we have heard this year. Presumably the RFU will keep the rest against list revenues from international matches. For once that seems fair, as long as it is on top of the usual funding for Championship clubs and not instead of. |
I thought this too, but I wouldn’t get your hopes up. Suspect they’ll be no rfu funding. |
Surely, this money is to replace what they haven't had, being attendances and money not provided by RFU, not on top of other income.
£9 million between 12 clubs seems over-generous to me. |
If you consider sponsorship, gate receipts, hospitality plus beer/snack sales on match day over the season I would suggest that 750k is short of the mark, but if it is shared as equally as possible, then I for one am delighted by the sun involved. However, the RFU money really needs to be in top of this funding for clubs to be anywhere near square for the year.
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Posted By: chas
Date Posted: 19 Nov 2020 at 16:44
The money is initially in the form of a loan - to be repaid at a later date!
See https://www.bbc.co.uk/sport/54998979" rel="nofollow - https://www.bbc.co.uk/sport/54998979
The
government said the Sports Winter Survival Package, which will be
largely composed of low-interest loans, will support rugby union, horse
racing, women's football and the lower tiers of the National League. It
added that rugby league, motorsport, tennis, netball, basketball, ice
hockey, badminton and greyhound racing were also in line to benefit. Sports
minister Nigel Huddleston added that grants would be available where
organisations were unable to repay loans. He also said "the door was
open" to any sport requiring funding, including cricket which was not on
the initial list. The money available is for sports in England, with Scotland, Wales and Northern Ireland responsible for their own budgets.
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Posted By: billesleyexile1
Date Posted: 19 Nov 2020 at 17:26
chas wrote:
The money is initially in the form of a loan - to be repaid at a later date!
See https://www.bbc.co.uk/sport/54998979" rel="nofollow - https://www.bbc.co.uk/sport/54998979
The
government said the Sports Winter Survival Package, which will be
largely composed of low-interest loans, will support rugby union, horse
racing, women's football and the lower tiers of the National League. It
added that rugby league, motorsport, tennis, netball, basketball, ice
hockey, badminton and greyhound racing were also in line to benefit. Sports
minister Nigel Huddleston added that grants would be available where
organisations were unable to repay loans. He also said "the door was
open" to any sport requiring funding, including cricket which was not on
the initial list. The money available is for sports in England, with Scotland, Wales and Northern Ireland responsible for their own budgets. |
Quite (hello again everyone, I've now got a 1 after my name as suddenly, after 8 years, the site decided it didn't have any record of me....)
This might keep some clubs alive, which is obviously good, but AIUI the total sum is a mix of grants and loans with the majority in the form of loans. Indeed, Mr Sweeney has said tht the RFU will have to decide (with the government) what mix of loans and grants to make available to what levels.
When the RFL did this with govt money earlier in the year and the clubs realised what they were actually being offered a good number decided they'd rather make the cuts than take on the debt...
It is *not* free money.
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Posted By: billesleyexile1
Date Posted: 19 Nov 2020 at 17:28
actually, apologies for the off-topic posting but now I am back please could you look into this Mr Lowther as obviously I'd rather be me with my own account - the site login was saying no record of my username or password for the last months?
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