Premiership for sale
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Re: Premiership for sale
Ben Kay argues in Saturday's Times that this is an opportunity for the RFU to step in and buy the Prem. Whatever happens, someone needs to get a grip or we'll all go the way of London Welsh. Wuss, reportedly, spent 101% of their revenue on salaries. Madness.
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Re: Premiership for sale
England’s top rugby clubs unanimously agree sale of a majority stake of Premiership to private equity firm CVC is “not their preferred option”. Don’t reject takeover offer, & will explore outside investment “as a matter of urgency”, but only want to sell minority stake.
Good call
Good call
Happy days clearing straw from the pitch before the Baa-Baas games! KBO
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Re: Premiership for sale
+1strawclearer wrote: ↑Tue Sep 11, 2018 5:08 pm England’s top rugby clubs unanimously agree sale of a majority stake of Premiership to private equity firm CVC is “not their preferred option”. Don’t reject takeover offer, & will explore outside investment “as a matter of urgency”, but only want to sell minority stake.
Good call
Tigers for the premiership and European Cup. Get behind the team and make some noise!!
Re: Premiership for sale
CVC are back in the picture as a minority stakeholder.
Can they fix the finances of the Prem. I doubt it personally.
Can they fix the finances of the Prem. I doubt it personally.
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Re: Premiership for sale
A new owner may ensure the salary cap is adhered too to make a level playing field that is the only plus as far as I can see!
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Re: Premiership for sale
I am sitting on the fence with this one. Pros and cons seem to be pretty well balanced I would say.