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#Post#: 109815--------------------------------------------------
Re: Irish
DIR By: Archquin
Date: June 6, 2023, 1:32 pm
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Prem rugby is dying 😓
#Post#: 109816--------------------------------------------------
Re: Irish
DIR By: FatQuin
Date: June 6, 2023, 1:35 pm
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Starting to wonder if those silly stars on the Cheats shirts are
for illegitimate trophy wins or clubs they have helped bankrupt.
#Post#: 109818--------------------------------------------------
Re: Irish
DIR By: Mandator
Date: June 6, 2023, 1:56 pm
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Rugby Union are going to have to put out a positive statement
for the future other than announce the demise of Irish. The
inclusion of Championship clubs in the Premiership Cup is a big
positive any any thing else would be a bonus. What about some
input from some of the Premiership Clubs owners/patrons-all very
successful business men.
#Post#: 109820--------------------------------------------------
Re: Irish
DIR By: J Scott
Date: June 6, 2023, 2:53 pm
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Another really sad day for English rugby. Feel for the players,
staff and fans affected by this.
While the sharks will be swarming (including us no doubt) for
the players let’s first pause and acknowledge how much this
would affects if we were in their shoes.
#Post#: 109821--------------------------------------------------
Re: Irish
DIR By: MaidstoneQuin
Date: June 6, 2023, 3:22 pm
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Rivalries and other feelings opinions aside, this is a very sad
day for rugby. To lose 3 clubs in quick succession, ripping the
heart out of players careers, and fans dreams and traditions is
terrible. I just hope there’s a complete overhaul of how things
are from top to bottom, but fear this won’t be the last story
this year of a top rugby team going under.
#Post#: 109822--------------------------------------------------
Re: Irish
DIR By: Quinspirational
Date: June 6, 2023, 3:28 pm
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It’s a sad time especially for the players that haven’t had the
time to establish themselves yet so won’t be on great money and
might not be first on the list to get picked up by another club.
The RFU need to step in here making sure players welfare is
looked after and help all find new clubs.
#Post#: 109823--------------------------------------------------
Re: Irish
DIR By: Nico Wilson
Date: June 6, 2023, 3:48 pm
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Joint statement from RFU, Prem Rugby and the RPA:
HTML https://www.premiershiprugby.com/news/london-irish-statement
--- Quote ---
>
>
> Joint statement from RFU, Premiership Rugby and RPA:
>
> As a result of London Irish and its potential buyers being
unable to provide reassurances over the club’s financial ability
to operate in the Premiership in the 2023/24 season, the RFU has
confirmed the club is not able to participate in any league next
season.
>
> The RFU’s Club Financial Viability Group allowed an extra
week’s extension however, the club has failed to meet its
commitments to pay staff and players in full for May.
>
> The decision was taken after six months of talks to take over
the club failed to materialise and to provide certainty to staff
and players, thereby allowing them to seek alternative
employment. The move also provides clarity to other clubs in the
league and prevents a situation where the club goes into
administration part way through a season.
>
> The RFU, Premiership Rugby and the RPA has been in regular
dialogue with the club to support the takeover and provide
regular updates to players and staff. Today the three
organisations have announced they have launched a hardship fund
for players and staff who are most in need of financial support.
>
> Funded by the RFU and PRL, the hardship fund will be
administered by Restart the official charity of the RPA; the
fund will also be available to those in need following the Wasps
and Worcester insolvencies.
>
> Bill Sweeney RFU CEO said: “This is desperately sad news for
everyone who is part of the London Irish community as well as
all the players, fans, staff and volunteers for whom this club
means so much.
>
> “Working alongside Premiership Rugby, the RPA and London Irish
over recent months, our collective first priority has been to do
the utmost to secure the long-term viability of the club and the
protection of its players and staff.
>
> “To achieve this, it was imperative that transparent evidence
of funding be presented to us. This would have been either by
the proposed buyers undertaking to provide all required working
capital to meet the club’s obligations for at least the 2023-24
season; or the club providing evidence that it would continue to
fund its operations throughout the 2023/24 season.
>
> “Despite requesting this evidence over the last six months and
receiving assurances on multiple occasions that we would receive
proof of ownership and funds; it has not materialised.
>
> “In the event that it would ultimately not be possible to save
London Irish, our second priority has always been to avoid the
club entering an unplanned insolvency mid-season. This was to
prevent the huge disruption to players, staff, and fans, as well
as on the remainder of the league and sporting integrity of the
Premiership and Championship, that we witnessed with the demise
of Wasps and Worcester. In the absence of transparent proof of
reliable long-term funding, and for the duty of care for all
involved at the club, the sad decision has now been taken to
suspend the club from RFU leagues.
>
> “The RFU, working with Premiership Rugby and the RPA, has been
in constant dialogue with players to inform them of the
situation. Collectively we have established a hardship fund to
support those players and staff most in need and we will be
working closely with London Irish to confirm what the future of
rugby at the club looks like. With regret, this will not be in
any league next season.
>
> “The RFU will ensure the London Irish Developing Player
Pathway and Academy continues, taking over the running of these
programmes if required.”
>
> Tom Ilube, Chair of the RFU Board added: “London Irish is a
proud and storied institution, and this is an outcome no-one
involved with rugby wanted to see. Rugby has an underlying need
to professionalise its management off the pitch, just as it has
done on the pitch over the past 25 years. Covid 19 accelerated
the impacts of underlying structural challenges and had a major
effect on PRL clubs and the RFU. Given the cost-of-living
crisis, the post Covid 19 bounce-back has been weaker than
expected, and that has meant clubs with unsustainable business
models have gone out of business – regrettably so for players
and their fans.
>
> “To thrive, rugby clubs need to have a wide-ranging offering
and varied revenue streams. All three clubs that have failed
this season have had fragile business models for many years. The
structure and ownership of a stadium is a factor alongside
reliance on a single funder, challenging societal trends,
financial mismanagement, and an insufficiently large fan base.
Not all three clubs had all these issues, but they faced a
combination of these factors over many years before Covid and
the current economic downturn.”
>
> “We, along with PRL and its investors will use the remodelling
of the new Professional Game Agreement, to create a more
sustainable game for professional rugby.
>
> “It is the specific job of the RFU, as the national governing
body for rugby union in England, to reinvest revenues in the
overall growth of the game both at a community and professional
level; we currently contribute £25 million to the Premiership
each year but cannot continue to invest in failing business
models. That means tough investment decisions. There is a
thriving community club at London Irish Amateur RFC and we will
help to facilitate discussions that support the London Irish
name to live on in England.”
>
> Premiership Rugby chief exec Simon Massie-Taylor said: “We are
extremely mindful of the impact this news has on players and
staff at London Irish and that is exactly why we have set up the
Hardship Fund to support players and staff most impacted.
>
> "I thank the other Premiership Rugby clubs for supporting this
and the RPA for helping implement the scheme.
>
> "We fully appreciate that this does not compensate for the
loss of jobs or the impact it has on fans, but we are committed
to working with all stakeholders to create a professional rugby
system that London Irish can re-enter at the right time.
>
> “As a league we are making significant progress in
recalibrating so that Premiership Rugby prospers in the seasons
ahead.”
>
> “In the meantime, if an owner decides to withdraw financial
support for a club, we have limited options to keep it going.”
>
> Christian Day, General Secretary of the RPA said: “The loss of
London Irish, a proud club with a rich playing history, is
undoubtedly sad. The human impact of this failure will affect
more than 100 players and staff who are now faced with
uncertainty and will leave many thousands of fans without their
beloved club.
>
> “Learning from the experiences of Wasps and Worcester and
working in partnership with Premiership Rugby and the RFU, we
have been able to create a hardship fund to be administered by
the RPA’s charity, Restart. This fund will be utilised to
support both players and staff who are most in need of support.
>
> “It is clear that much positive change is required in order to
evolve our playing and working environment so as to match the
demands of modern professionalism. The RPA will continue to work
in partnership with the games other stakeholders in order to
ensure that rugby union in this country emerges stronger and
more stable in future, with the players at its centre.”
>
--- End Quote ---
#Post#: 109824--------------------------------------------------
Re: Irish
DIR By: Quinky
Date: June 6, 2023, 4:06 pm
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--- Quote from: MaidstoneQuin link ---
>
> but fear this won’t be the last story this year of a top rugby
team going under.
>
--- End Quote ---
Who else do you think will go under?
#Post#: 109827--------------------------------------------------
Re: Irish
DIR By: Nico Wilson
Date: June 6, 2023, 11:08 pm
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--- Quote from: Quinky link ---
>
> Who else do you think will go under?
>
--- End Quote ---
Ruck are suggesting Exeter and Leicester….
HTML https://www.ruck.co.uk/failed-to-come-good-two-more-premiership-clubs-at-risk-with-london-irish-suspended/
#Post#: 109829--------------------------------------------------
Re: Irish
DIR By: MaidstoneQuin
Date: June 7, 2023, 1:32 am
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--- Quote from: Quinky link ---
>
> Who else do you think will go under?
>
--- End Quote ---
I think possibly Exeter looking at things overall but I think a
lot of sides (certainly the low attendance ones bar Sarries)
will have one eye over their shoulder
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