Scarlet Fever Llanelli Rugby Sport Wales Tickets Homepage
Forum Home Forum Home > RUGBY > SCARLETS GENERAL
  New Posts New Posts
  FAQ FAQ  Forum Search   Register Register  Login Login


Scarlets-Ospreys Plan - Some facts

 Post Reply Post Reply Page  <1 21222324>
Author
Message
ScarletBear View Drop Down
Veteran
Veteran
Avatar

Joined: 25 May 2012
Location: United States
Status: Offline
Points: 2028
Post Options Post Options   Thanks (0) Thanks(0)   Quote ScarletBear Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:08pm
Originally posted by reesytheexile reesytheexile wrote:

Ha ha.. what a mouthful .Sounds like Sir Humphrey speak  from the classic BBC Comedy "Yes Minister"!
 
"The Ospreys are adequately funded for the foreseeable future and will continue to seek a more equitable distribution model which, at the moment, is weighted towards subjective criteria capable of improper manipulation, rather than an objective formula based on impartially quantifiable metrics and success."
 

LOL. You're right.
Scarlets before Wales
Back to Top
Sponsored Links


Back to Top
PE SA View Drop Down
Veteran
Veteran
Avatar

Joined: 22 July 2009
Status: Online
Points: 11217
Post Options Post Options   Thanks (0) Thanks(0)   Quote PE SA Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:09pm
well, ALL ospreys fans in work with me have lost all hope since the recent statements FROM the Ospreys!
seems they are hurting themselves now.
Back to Top
Fscarlet View Drop Down
Veteran
Veteran


Joined: 26 January 2015
Status: Offline
Points: 2485
Post Options Post Options   Thanks (1) Thanks(1)   Quote Fscarlet Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:14pm
At the end of the day their financial struggles were known last year as their published accounts showed a loss of £500k with liabilities exceeding £3m.

Actually looking at said accounts there is a note drawing attention to the above & indicates that there is a material uncertainty which exists casting significant doubt on the companies ability to continue as a going concern.

Their accounts for year ending May 2018 are due soon, added to this there will be a drop in revenue for the current period (ending May 2019) as they are competing in the Challenge Cup as opposed to the HC.
Back to Top
PE SA View Drop Down
Veteran
Veteran
Avatar

Joined: 22 July 2009
Status: Online
Points: 11217
Post Options Post Options   Thanks (0) Thanks(0)   Quote PE SA Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:24pm

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.
Back to Top
henry_winkler View Drop Down
Veteran
Veteran
Avatar
Don’t believe a word......

Joined: 12 January 2007
Status: Offline
Points: 2306
Post Options Post Options   Thanks (0) Thanks(0)   Quote henry_winkler Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:31pm
Jeeze I forgot about all those ndc's the WRU really have done u turn on them, gone from propping them up to cutting the strings completely which seems to have left them all at sea.
Back to Top
Fscarlet View Drop Down
Veteran
Veteran


Joined: 26 January 2015
Status: Offline
Points: 2485
Post Options Post Options   Thanks (0) Thanks(0)   Quote Fscarlet Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 4:42pm
Originally posted by PE SA PE SA wrote:

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.


This season will see them have a reduction in £250k due to the challenge cup.
Back to Top
ap sior View Drop Down
Veteran
Veteran


Joined: 08 May 2005
Location: Wales
Status: Offline
Points: 8167
Post Options Post Options   Thanks (0) Thanks(0)   Quote ap sior Quote  Post ReplyReply Direct Link To This Post Posted: 11 March 2019 at 5:24pm
Originally posted by Fscarlet Fscarlet wrote:

Originally posted by PE SA PE SA wrote:

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.


This season will see them have a reduction in £250k due to the challenge cup.

Rhodri Jones lost his NDC when he was with us. Baker's, King and Thornton's have surely run out by now ?
Back to Top
Craca Hyll View Drop Down
Groupie
Groupie


Joined: 20 February 2017
Status: Offline
Points: 125
Post Options Post Options   Thanks (1) Thanks(1)   Quote Craca Hyll Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 12:13pm
Originally posted by Ospreys Ospreys wrote:

"The Ospreys are adequately funded for the foreseeable future and will continue to seek a more equitable distribution model which, at the moment, is weighted towards subjective criteria capable of improper manipulation, rather than an objective formula based on impartially quantifiable metrics and success."

Didn't they make out like bandits with that subjective criteria?

George North
Alun Wyn Jones
Bradley Davies
Dan Lydiate
Scott Baldwin
Dan Baker
James King
Rhys Webb
Dan Biggar
Rory Thornton

They've made more savings than anyone else in the last few years due to NDCs and I'd argue only 3 of those contracts were justified (North, AWJ, Biggar).
Back to Top
PE SA View Drop Down
Veteran
Veteran
Avatar

Joined: 22 July 2009
Status: Online
Points: 11217
Post Options Post Options   Thanks (0) Thanks(0)   Quote PE SA Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 3:36pm
Originally posted by ap sior ap sior wrote:

Originally posted by Fscarlet Fscarlet wrote:

Originally posted by PE SA PE SA wrote:

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.


This season will see them have a reduction in £250k due to the challenge cup.

Rhodri Jones lost his NDC when he was with us. Baker's, King and Thornton's have surely run out by now ?

thats the point, all these in ospreys eyes are having a 60% wage increase when they come off the contract. thats a lot of players to make that up for...especially Baldwin and AWJ  this season (not sure but isnt lydiate and bradley davies out of contract too...nobody seems to be mentioning the help they have already had and now, that NDCs are coming to an end, they have to stump up the difference...which is a lot.
Back to Top
ap sior View Drop Down
Veteran
Veteran


Joined: 08 May 2005
Location: Wales
Status: Offline
Points: 8167
Post Options Post Options   Thanks (0) Thanks(0)   Quote ap sior Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 4:08pm
Originally posted by PE SA PE SA wrote:

Originally posted by ap sior ap sior wrote:

Originally posted by Fscarlet Fscarlet wrote:

Originally posted by PE SA PE SA wrote:

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.


This season will see them have a reduction in £250k due to the challenge cup.

Rhodri Jones lost his NDC when he was with us. Baker's, King and Thornton's have surely run out by now ?

thats the point, all these in ospreys eyes are having a 60% wage increase when they come off the contract. thats a lot of players to make that up for...especially Baldwin and AWJ  this season (not sure but isnt lydiate and bradley davies out of contract too...nobody seems to be mentioning the help they have already had and now, that NDCs are coming to an end, they have to stump up the difference...which is a lot.

Actually it's going to cost the Ospreys an increase of 150% of the wages of the players coming off NDC.

Back to Top
RR1972 View Drop Down
Veteran
Veteran
Avatar

Joined: 27 April 2009
Status: Offline
Points: 10886
Post Options Post Options   Thanks (0) Thanks(0)   Quote RR1972 Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 4:20pm
Originally posted by Fscarlet Fscarlet wrote:

At the end of the day their financial struggles were known last year as their published accounts showed a loss of £500k with liabilities exceeding £3m.

Actually looking at said accounts there is a note drawing attention to the above & indicates that there is a material uncertainty which exists casting significant doubt on the companies ability to continue as a going concern.

Their accounts for year ending May 2018 are due soon, added to this there will be a drop in revenue for the current period (ending May 2019) as they are competing in the Challenge Cup as opposed to the HC.
 
 
out of curio what are the other regions losses over the same period? are they similar or better or even worse?
Back to Top
Wil Chips View Drop Down
Rambler
Rambler
Avatar

Joined: 23 August 2009
Location: Africa
Status: Offline
Points: 41880
Post Options Post Options   Thanks (1) Thanks(1)   Quote Wil Chips Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 5:46pm
Year end 2017 period..

Blues loss of £1.45m
Dragons loss of £2,58m
Ospreys loss of £0.40m
Scarlets loss of £0.60m

Back to Top
Wil Chips View Drop Down
Rambler
Rambler
Avatar

Joined: 23 August 2009
Location: Africa
Status: Offline
Points: 41880
Post Options Post Options   Thanks (0) Thanks(0)   Quote Wil Chips Quote  Post ReplyReply Direct Link To This Post Posted: 12 March 2019 at 6:00pm
Originally posted by ap sior ap sior wrote:

Originally posted by PE SA PE SA wrote:

Originally posted by ap sior ap sior wrote:

Originally posted by Fscarlet Fscarlet wrote:

Originally posted by PE SA PE SA wrote:

I have not seen a mention of it anywhere - but I bet the amount of NDCs they have did not help things at all now they are ending - what did they have:

Rhodri Jones, Scott Baldwin, AWJ, Rory Thornton, Dan Lydiate, Dan Baker, James King, Bradley Davies, George North
(did have Rhys Webb and Dan Biggar).
I would say they were saving £750k+ with the WRU picking up 60% of the wages for above players.
With the end of NDCs, that's a big hole to fill for them.


This season will see them have a reduction in £250k due to the challenge cup.


Rhodri Jones lost his NDC when he was with us. Baker's, King and Thornton's have surely run out by now ?

thats the point, all these in ospreys eyes are having a 60% wage increase when they come off the contract. thats a lot of players to make that up for...especially Baldwin and AWJ  this season (not sure but isnt lydiate and bradley davies out of contract too...nobody seems to be mentioning the help they have already had and now, that NDCs are coming to an end, they have to stump up the difference...which is a lot.


Actually it's going to cost the Ospreys an increase of 150% of the wages of the players coming off NDC.



The evaporation of NDC’s might burden the Os a little, but that’s been more than balanced by the exodus of Biggar, Webb, Paul James, Mujati, Fonotia, Beck, Ben John, Eli Walker, Arhip, Thornton, Leonard, Hassler and others.

Only George, Aled, Scott and Botha of note coming in.

Most games this season they have fielded 22/23 WQ players.

At the end of the season most of other (likely) high earners like Hook, Baldwin, Bradley Davies, Lydiate may well move on..

I don’t think playing budget is their challenge, or at least not going forward.



Edited by Wil Chips - 12 March 2019 at 6:01pm
Back to Top
Gate12 View Drop Down
Veteran
Veteran
Avatar
SF's only officially endorsed pollster

Joined: 10 November 2008
Status: Offline
Points: 13480
Post Options Post Options   Thanks (0) Thanks(0)   Quote Gate12 Quote  Post ReplyReply Direct Link To This Post Posted: 15 March 2019 at 8:21am
Lydiate, Bradley and Hook always looked like gambles despite having over 200 caps between them and 2 Lions tours, how 2 of them were on NDC's is a complete mystery but yeah that'll be a decent release of cash to use for renewals and possible some new players, who they bring in will probably the answer what the question about what 'adequately funded' is.
Whilst the Welsh regions aren't exactly rolling in money suspect the Ospreys aren't exactly making the most of the cash they do have.
Back to Top
NobbySosban View Drop Down
Veteran
Veteran
Avatar

Joined: 30 June 2010
Location: Sir Berk
Status: Offline
Points: 5279
Post Options Post Options   Thanks (0) Thanks(0)   Quote NobbySosban Quote  Post ReplyReply Direct Link To This Post Posted: 20 March 2019 at 12:30pm
Firm statement from PRB...


...and fully supported by Rob Davies at the Ospreys... Thumbs Up


Originally posted by Rob Davies Rob Davies wrote:

It is important to also put on record my gratitude for the manner in which Monday’s PRB meeting, my first, was conducted. All parties around the table share a common desire and outlook on how the five rugby ‘entities’ in Wales can collectively build on the outstanding achievements of the national team in recent weeks.
Back to Top
NeylandAllBlack View Drop Down
Veteran
Veteran
Avatar

Joined: 09 February 2007
Location: Sunny Pembs
Status: Offline
Points: 2897
Post Options Post Options   Thanks (0) Thanks(0)   Quote NeylandAllBlack Quote  Post ReplyReply Direct Link To This Post Posted: 20 March 2019 at 1:35pm
Originally posted by NobbySosban NobbySosban wrote:

Firm statement from PRB...


...and fully supported by Rob Davies at the Ospreys... Thumbs Up


Originally posted by Rob Davies Rob Davies wrote:

It is important to also put on record my gratitude for the manner in which Monday’s PRB meeting, my first, was conducted. All parties around the table share a common desire and outlook on how the five rugby ‘entities’ in Wales can collectively build on the outstanding achievements of the national team in recent weeks.


Glad that's all cleared up!!!
Back to Top
 Post Reply Post Reply Page  <1 21222324>
  Share Topic   

Forum Jump Forum Permissions View Drop Down

Forum Software by Web Wiz Forums® version 12.01
Copyright ©2001-2018 Web Wiz Ltd.

This page was generated in 0.094 seconds.