English game in £500m debt |
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salmidach
Veteran Joined: 15 August 2004 Location: I Love Llanelli Status: Offline Points: 12745 |
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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
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
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Oracle
Veteran Joined: 19 September 2022 Location: North pole Status: Offline Points: 3959 |
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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
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ladram
Rambler Joined: 08 April 2005 Location: United Kingdom Status: Offline Points: 26826 |
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Unless they are serious about the enforcement of the salary cap then steams will continue to sail close to the wind.
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Oracle
Veteran Joined: 19 September 2022 Location: North pole Status: Offline Points: 3959 |
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They arnt and never meant to be
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