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       #Post#: 22174--------------------------------------------------
       Re: The CVC factor begins - and ringfencing
   DIR By: Camquin
       Date: April 18, 2019, 5:05 pm
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       Look on the bright side, the RFU is not cutting funding to the
       Premiership clubs (yet)
       Every other club is seeing funding cuts and staff are being laid
       off.
       If they continue to haemorrhage cash the funding for releasing
       England players will have to be cut when the current multi year
       contracts run out.
       Of course, the council and the executive are sacrosanct - they
       are not giving up their remuneration or jollies.
       And if CVC will be taking 30% of income from now on - so you had
       better hope there is growth to be found.
       #Post#: 22175--------------------------------------------------
       Re: The CVC factor begins - and ringfencing
   DIR By: Yareet
       Date: April 18, 2019, 5:14 pm
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       --- Quote from: Camquin link ---
       >
       > Look on the bright side, the RFU is not cutting funding to the
       Premiership clubs (yet)
       > Every other club is seeing funding cuts and staff are being
       laid off.
       > If they continue to haemorrhage cash the funding for releasing
       England players will have to be cut when the current multi year
       contracts run out.
       >
       > Of course, the council and the executive are sacrosanct - they
       are not giving up their remuneration or jollies.
       >
       > And if CVC will be taking 30% of income from now on - so you
       had better hope there is growth to be found.
       >
       >
       --- End Quote ---
       Again am I missing something? CVC have bought 27% of Premiership
       Rugby. Why would they get 30% of the RFU’s revenue?
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