Gallagher Premiership 2022-2023 Season

That would be crazy.

The teams are private entities and a lot of them have stuff other than rugby going on. Realistically Wasps are in a £35 million + years of interest bond default and owe millions hmrc.

To keep the wolves from the door Wasps probably need an injection of £50 million in the short run. That would wipe out the rfu if they had to do it for every team in the premiership.

Is it really? Most ticket revenue comes from season tickets. Clubs won't be offering refunds.

Going from 1/13th or 1/11th of of tv money might make up for it.

Thats just the Bond debt thats in default.

Theres also revenue debt and they owe millions to the owner and to the government in refundable covid support.

The most reliable estimate of overall debt that I've seen is around £90 million.

Well Gloucester stated they would be down £400k when their game against Worcester was called off. That does seem very high but they would obviously miss out on away fans plus other walk ups, then there would be various other forms of match day revenue. Maybe it was a net figure and Gloucester were also counting costs which had already been committed to as the game was called off at short notice.

Are you sure the tv money is a set pot to be shared amongst whoever is still standing rather than a fix amount per club? There's less games to be shown plus possibly less fans to watch with two clubs gone. Plus then big name players without a club or gone to another league (eg. DVDM). Then you have the general negative headlines and poor reflection on the league.

From a player point of view there is probably a happiness for some because it will mean two less fixtures a season, but for other players maybe younger ones trying to break into a senior team it means less opportunity.

If no championship teams were deemed eligible to be promoted recently that cant have changed much.

The premership is in a lot of trouble, its had controversy after controversy for the last few years and its facing the prospect of losing a few more marquee players to France next season.

At some stage this will all be felt by the national team.

Yea, its a big loss across the board alright, you would think wasps would have been a decent draw for fans of any team due to host them.

I dont think this is anywhere near the end of the controversy for the GP. I cant see how sarries have kept onto so many big name players, im unconvinced they are abiding by the rules but its a catch 22 for the administrators with a player like Itoje who carries the national team most days.

We have seen for years how the english clubs cant compete in Europe and its getting worse not better.

Given wasps I felt that we should say that any gp club that doesn't own its home ground without mass debt is in a precarious position.

Really any club with debts due is in a precarious position as refinancing is difficult.

The P shares in the premiership are underpinning the balance sheet of a lot of the clubs. There was talk of Worcester being forced to sell at a discount. That could have its own knocking effects.

London irish might be as bad or worse.

Someone's woke up the RFU and Premiership Rugby.

Looking at the last published accounts Id say that 9 out of 11 have a dangerous level of debt.

If foe example all the premiership clubs auditors got together and said that the P shares were worth 10 million pounds 9 out of 11 clubs would struggle to refinance debt.

Also one of the teams that should be safest has a minor cash flow crisis according to rumours.

Bristol have just committed one of the worst try butcherings I've ever seen. Their flanker had a 20 metre clear run under the posts and a teammate outside him to pass to if required.

Louis Rees-Zammit broke his balls to track back and tackle and he managed to dislodge the ball just as the Bristol flanker was crossing the line. But he never should've managed to knock the ball out. The flanker had slowed down for a one handed glory dive. Had no idea the winger was behind him. It was Freddie Burnsesque.

Saw that on the highlights. Wondered if LRZ had committed a foul by deliberately knocking the ball over the DBL. Penalty try and YC? The flanker must be mortified. Good game though