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English game in £500m debt

Printed From: Scarlet Fever Llanelli Rugby Sport Wales Tickets
Category: RUGBY
Forum Name: GENERAL RUGBY
Forum Description: Other rugby chat
URL: https://www.scarletfever.org/forum/forum_posts.asp?TID=46892
Printed Date: 02 December 2022 at 12:46am
Software Version: Web Wiz Forums 12.04 - http://www.webwizforums.com


Topic: English game in £500m debt
Posted By: salmidach
Subject: English game in £500m debt
Date Posted: 22 September 2022 at 6:49pm
According to the owner of Bristol Bears, something drastic needs to happen to the English game or it won't survive.

The debt of all the clubs is now estimated to be over half a billion pounds with a massive £35m owed to HMRC

https://www.bbc.co.uk/sport/rugby-union/62992223" rel="nofollow - Steve Lansdown: Bristol owner calls on Premiership Rugby to generate more revenue - BBC Sport


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They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance - Terry Pratchett



Replies:
Posted By: Oracle
Date Posted: 22 September 2022 at 6:57pm
Glad we never joined as we would have been first to the wall,  if we had tried to compete by spending money we could never hope to pay back


Posted By: ladram
Date Posted: 22 September 2022 at 7:27pm
Unless they are serious about the enforcement of the salary cap then steams will continue to sail close to the wind.


Posted By: Oracle
Date Posted: 22 September 2022 at 8:58pm
They arnt and never meant to be 



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