As regards the debt it is double that of one, yes one union club in England. Its below that of what a average premier league club would have. If you took an average the average union club and soccer club would have far more debt than an average Rugby League.
On the down side its not good, but British sport as a whole appears to run on debt. Not the best business plan in the world in my opinion.
Steve Mascord's view:
http://www.smh.com.au/rugby-league/league-news/dont-shoot-the-messenger-20130131-2dnz6.html
Sorry, not sure how you make it clickable
See if we can get a link here
http://www.smh.com.au/rugby-league/league-news/dont-shoot-the-messenger-20130131-2dnz6.html
We think that Rugby League has debts. Look at this.
http://www.mirror.co.uk/sport/football/news/premier-league-clubs-are-24-billion-854183
It will implode at some point. Not just SL but also the English Premiership. Too much debt to service, and too much reliance on TV & rich businessmen looking for a hobby.
The RFL really need to wake up and realise the parlous state at least 50% of the SL clubs are in financially. Both Bradford Bulls & Salford Reds are on the brink of going bust, and I guess there are others like Castleford & London, that can't be far behind.
Sky money certainly helps, but it does worry me that SL failed to find a sponsor for this season's campaign! What does that say about the game in terms of commercial opportunities?
Perhaps its a good thing that some clubs are looking to their own academies for the next generation of SL players rather than paying a fortune for imports. And yet the void between the rich & successful (Leeds, Warrington, Wigan etc) and nearly everyone else in SL will become even more deeper because those clubs will be able to do both - buy from down under, AND develop their own academy players. Giving them a huge advantage in the short, medium and long terms.
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The RFL is 68-million in debt
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posted on 1/2/13
As regards the debt it is double that of one, yes one union club in England. Its below that of what a average premier league club would have. If you took an average the average union club and soccer club would have far more debt than an average Rugby League.
On the down side its not good, but British sport as a whole appears to run on debt. Not the best business plan in the world in my opinion.
posted on 2/2/13
Steve Mascord's view:
http://www.smh.com.au/rugby-league/league-news/dont-shoot-the-messenger-20130131-2dnz6.html
Sorry, not sure how you make it clickable
posted on 2/2/13
See if we can get a link here
http://www.smh.com.au/rugby-league/league-news/dont-shoot-the-messenger-20130131-2dnz6.html
posted on 2/2/13
We think that Rugby League has debts. Look at this.
http://www.mirror.co.uk/sport/football/news/premier-league-clubs-are-24-billion-854183
posted on 3/2/13
It will implode at some point. Not just SL but also the English Premiership. Too much debt to service, and too much reliance on TV & rich businessmen looking for a hobby.
The RFL really need to wake up and realise the parlous state at least 50% of the SL clubs are in financially. Both Bradford Bulls & Salford Reds are on the brink of going bust, and I guess there are others like Castleford & London, that can't be far behind.
Sky money certainly helps, but it does worry me that SL failed to find a sponsor for this season's campaign! What does that say about the game in terms of commercial opportunities?
Perhaps its a good thing that some clubs are looking to their own academies for the next generation of SL players rather than paying a fortune for imports. And yet the void between the rich & successful (Leeds, Warrington, Wigan etc) and nearly everyone else in SL will become even more deeper because those clubs will be able to do both - buy from down under, AND develop their own academy players. Giving them a huge advantage in the short, medium and long terms.
Page 1 of 1