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Cardiff New Owners |
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KID A
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Joined: 16 August 2004 Location: Cardiff Status: Offline Points: 28636 |
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Posted: 15 October 2025 at 11:54am |
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Which professional team sport doesn't make losses?
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RR1972
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Joined: 27 April 2009 Status: Offline Points: 21384 |
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Posted: 15 October 2025 at 12:35pm |
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Edited by RR1972 - 15 October 2025 at 1:07pm |
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steve evans
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Joined: 27 December 2004 Status: Offline Points: 1184 |
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Posted: 15 October 2025 at 1:03pm |
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That's part of my concern it is like when Vincent Tan came into sort out the mess in Cardiff city and wanted to change the team colours, badge etc to something more commercial. Now hardly shows up at the club and meddles from afar. With all these multi "relationship" deals between acquaintances, the chances of a falling out is quite high with internal friction leading to law suits and the club suffering for years. Swansea City seemed to be ideal model for years when it was largely owned by the fans and was reasonably competitive. The ownership model hen dwindled until the Americans bought and it has not been the same since. |
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RR1972
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Posted: 15 October 2025 at 1:13pm |
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we all recall big hitters like sir john hall coming into the gane and saying they would recoup theiir investors and none dud, frabk warren lost a fortune on bedford, levitt lost a fortune on richmond . more modern guys like bruce craig is seeing bath lose millions these are high end business men who could buy and sell the cardiff speilberg and co ten times over but they can’t break even let alone make money in rugby. all you do is fund a rugby team not invest in one if buyers can’t see that more fool them
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roy munster
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Joined: 30 August 2010 Status: Offline Points: 17056 |
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Posted: 15 October 2025 at 1:51pm |
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Rfu and wru would be running at a profit were they not subsidising pro womens rugby for tens of millions
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ROYMOND MUNTER MBE (FOR SERVICES TO THE COMBOVER)
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KID A
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Joined: 16 August 2004 Location: Cardiff Status: Offline Points: 28636 |
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Posted: 15 October 2025 at 2:01pm |
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WRU spent around £3m on women's rugby in the last accounts I believe. The losses were £7.5m for 2024. |
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Paul10
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Joined: 25 September 2025 Location: Milton Keynes Status: Offline Points: 230 |
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Posted: 15 October 2025 at 2:26pm |
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The RFU just hosted a massively successful women's world Cup...
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RR1972
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Posted: 15 October 2025 at 5:43pm |
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GPR - Rochester
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Joined: 01 December 2014 Location: Rhydcymerau Status: Offline Points: 23492 |
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Posted: 15 October 2025 at 6:27pm |
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Don't encourage him RR.
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steve evans
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Posted: 15 October 2025 at 6:41pm |
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Whittle down the number of WRU funded management boards to shuffle decisions between them and you could probably invest some substantial sums back to where it belongs.
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Eastern outpost
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Joined: 13 March 2012 Location: South Suffolk Status: Offline Points: 25444 |
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Posted: 15 October 2025 at 7:13pm |
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A Margaret Thatcher like figure to swoop into the WRU to cut waste and redirect funds to the pro clubs. Dear Santa…..
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In a world where you can be anything – Be Kind.
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RR1972
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Posted: 15 October 2025 at 11:21pm |
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steve evans
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Posted: 16 October 2025 at 12:25am |
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Seriously do they need: The WRU Board Executive Board Professional Rugby Board Community Game Board WRU Council Game Management Groups Board of MS PLC Some of those boards have 8 & 9 sub groups. How much of what they do actually gets published to the rugby community for information or even comment. When I was involved in the Sports Council and Sports aid foundation, the costs and expenses that was submitted for a monthly meeting was appalling, no doubt it is similar situation at the WRU. |
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steve evans
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Posted: 16 October 2025 at 12:27am |
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