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       #Post#: 5330--------------------------------------------------
       Re: Premiership Rugby to go private?
   DIR By: Grins
       Date: September 6, 2018, 7:46 am
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       It's an interesting debate.
       I fail to see what CVC bring to the table apart from expensive
       cash.  If the clubs wanted a cash injection (albeit it might be
       smaller, I'm sure they could borrow against the TV income
       stream).  This would be significantly cheaper than CVCs money.
       I doubt CVC will really add significant value to the sport.  The
       team in CVC are money guys (of which the PRL has access to
       plenty).  If they have a bench of potential managers / advisers
       who are that much better than the current team PRL can go and
       hire them anyway.
       #Post#: 5334--------------------------------------------------
       Re: Premiership Rugby to go private?
   DIR By: Grins
       Date: September 6, 2018, 7:49 am
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       --- Quote from: GP2110 link ---
       >
       > Surely they can only sell if there is a willing buyer and the
       willing buyer would then take control.
       >
       > I see very little downside.
       >
       --- End Quote ---
       Surely that depends who the willing buyer is?  For example would
       you like to see half of PRL controlled by an oligarch?  The
       Glazers?  Stan Kronke? etc
       The clubs should think very, very carefully before conceding
       control of their largest revenue stream.
       #Post#: 5338--------------------------------------------------
       Re: Premiership Rugby to go private?
   DIR By: Only Joe Quin
       Date: September 6, 2018, 8:01 am
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       I find this figure of £28.5m loss by the clubs quite misleading.
       When the money the sugar dadies put in is treated as investment
       and club balance sheets show big loans due to them, this is
       nonsense, they are just trying to fool us (or more likely the
       taxman). In reality they must know that very little of this
       money will ever be repaid to them. In economic reality this is
       income to the clubs.
       #Post#: 5430--------------------------------------------------
       Re: Premiership Rugby to go private?
   DIR By: RodneyRegis
       Date: September 7, 2018, 8:07 am
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       The taxman? I don't think you understand how tax works. How
       could it possibly be reported as income? It will be a very dark
       day when investment proceeds are treated as taxable income,
       whether they be capital or loans. Don't give them ideas.
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