Will we see players and coaches furlowed |
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18272 |
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Edited by RR1972 - 20 April 2020 at 6:42pm |
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Wil Chips
Rambler Joined: 23 August 2009 Location: Pembs Status: Online Points: 50982 |
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'Retire' means retire from rugby by the way, sorry I thought that was obvious.
I've not heard of a rugby player who's been able to retire in the context of never having to work again when his rugby career ends. |
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Eastern outpost
Rambler Joined: 13 March 2012 Location: South Suffolk Status: Offline Points: 21936 |
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In the mid 70s, it was possible for pro sports folk to have large contributions put into pension plans with a special retirement age of 35. These contributions were tax deductible and had to be arranged with the club. Let’s say the sportsman was prepared to live on half his earnings and have the other half put into the pension. If they started early enough and had a decent career, they could retire on a very nice income. It was possible then, with higher (double digit) interest rates and annuity rates. This all stopped in 2006.
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In a world where you can be anything – Be Kind.
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18272 |
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The likes of dan carter and willkinson will surely never have To work again. Neither should the likes of foxy awj and halfpenny once they eventually call it quits? These guys must have eArnt into the millions over the course of their careers (pre tax i mean) don’t they have people investing it for them into say a property portfilio?Of course the regional level players will but anything over £50k per annum is big money in our area. As i said i have no issues with any one earning what they can.
Edited by RR1972 - 20 April 2020 at 8:16pm |
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Gate12
Veteran Joined: 10 November 2008 Status: Offline Points: 14966 |
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I'm with you here Rob, not sure what debate we're having. |
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reesytheexile
Veteran Joined: 11 August 2012 Location: Machynys Status: Offline Points: 17530 |
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A few well thumbed phrases come to mind on all this :
- The politics of envy - Greed is good - Ignorance is a bliss - A little knowledge is a dangerous thing - Tall Poppy syndrome - Sorry , I haven’t a clue - Frankly my dear I don’t give a damn Why not try to mix and match folks to sum up your feelings! 😂 For me it’s the last one . 😂 Ps - I was born in a shoebox!
Edited by reesytheexile - 21 April 2020 at 12:51pm |
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crj89
Veteran Joined: 04 May 2009 Status: Offline Points: 1040 |
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The top 5% of players will never have to worry about money post rugby career, I’m sure we can all agree on that, players like Biggar, Piatau, Itoje, Farrell are on 600k+ a year without sponsorship, appearances etc. It would take most of us 20 odd years to achieve that.
I dont think it’s right to furlough rugby players as it’s treating them all equal, I think it would be on a player by player basis unfortunately. Its the players who are at the bottom end of the scale that will pay the price, players who are on the verge of a pro/development contract will be furloughed and then released, as I believe only the best will be kept on. Think we’ve seen that already with local companies, the people who have been kept on are the highest earners and the people who have been furloughed are the lowest earners regardless of the cost to the company. Big earners have more say/influence and more to lose unfortunately. |
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Gate12
Veteran Joined: 10 November 2008 Status: Offline Points: 14966 |
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I don't think there's any point in looking at this (if we're discussing rugby) from the view of what other companies and industries are doing as they'll furlough staff based on their needs, it may be high earners or low earners depending on who's needed.
In terms of a rugby club regardless of the role of the employee the purpose of their employment is ultimately to contribute towards rugby results so any furlough would theoretically be based on what's best for ensuring supporters have team to follow in a few months and that those team are successful. Ignoring any moral argument based on wages I don't think there's any question at all that if rugby clubs don't either use the furlough scheme or have support from elsewhere (unions, World Rugby etc.) then their employees are almost certainly going to have to be made redundant. The scheme is there to prevent this so rugby clubs are entitled to use it. I'm not really sure what the debate is here? Rugby clubs are companies, as far as I can see they're fully entitled to use the scheme, so yeah they'll probably use it. |
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18272 |
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The debate was or rather was meant to be , is it right that businesses are using this to help pay some of the wages of some employees who are earning six figure salaries It was not meant to be an attack on any player or to be jealous of anyone's wealth or to have an indepth debate how much players will have tucked away at the end of their careers (that is their business and no one else's) which is how some posters appear to have taken it Neither was it meant to generate any friction on here, I'm sure we all have far bigger things to worry about at the moment If the mods want to move /lock the thread that maybe the best thing Edited by RR1972 - 21 April 2020 at 7:27pm |
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John
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How are we going to come out of this situation? The government in London is apparently talking to sports governing bodies this week. However, the pro 14 is spread across ?6? different countries in terms of setting the rules for emergence from lockdown. Not as simple as the premiere league or premiership. And then in our particular situation, bits of our ground are currently a field hospital, including the training facility which will be needed before the league recommences.
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reesytheexile
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I suspect mergers may well be back on the agenda at this rate with the huge sums of money being lost .
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18272 |
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The CVC investment is key if that doesn't happen then mergers will
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reesytheexile
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stradeyscarlet72
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There’s been articles saying about an English break away of six clubs and forming an Anglo welsh league ? Whatever the outcome , this is what we need
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reesytheexile
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🤔
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RR1972
Veteran Joined: 27 April 2009 Status: Offline Points: 18272 |
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there won't be any breakaway leagues , the English clubs don't need it and the wru/rfu and then the IRB won't allow it
Listeneing to talk sport today, re football matches being played in empty stadiums They still reckon there will be around 400 people there with groundstaff , tv camera people, medics, ball boys etc etc Everyone would need to be tested every week Same would need to apply to rugby, are we really at a stage where we can do 400 tests a week on people just to get a sports match played? I very much doubt it tbh |
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