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#Post#: 113821--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: sussexquin
Date: October 4, 2023, 2:31 am
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--- Quote from: deadlyfrom5yardsout link ---
>
>
> Playing devils advocaat, would that actually be so terrible in
the long run? Have a complete reset and re-build the whole thing
properly?
>
--- End Quote ---
Devils advocate? Is that a Snowball? Predictive text eh!
#Post#: 113826--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: JammyGit
Date: October 4, 2023, 4:16 am
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--- Quote from: deadlyfrom5yardsout link ---
>
>
> Playing devils advocaat, would that actually be so terrible in
the long run? Have a complete reset and re-build the whole thing
properly?
>
--- End Quote ---
The reset probably needs to be in terms of player wages, tbh.
#Post#: 113828--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: Quinky
Date: October 4, 2023, 4:39 am
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--- Quote from: deadlyfrom5yardsout link ---
>
>
> Playing devils advocaat...
>
--- End Quote ---
Bit of a Bols up?
#Post#: 113829--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: poorfour
Date: October 4, 2023, 5:03 am
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--- Quote from: deadlyfrom5yardsout link ---
>
>
> Playing devils advocaat, would that actually be so terrible in
the long run? Have a complete reset and re-build the whole thing
properly?
>
--- End Quote ---
What would happen to the existing debt?
What would happen to the squads? Who would you cut? Or would you
ask them to take a pay cut? How would you handle player welfare
with a smaller squad?
What would happen to the club admin staff?
Would sponsorship and broadcast rights be able to stay at the
same level with fewer well-known players?
What would have to happen to ticket prices to take up the slack
from backer funding?
Starting again is one of those ideas that sounds clean and
simple in principle but would be very messy - and create
hardship for a lot of people who have worked to give you the
rugby we have today - in practice.
In an ideal world, we wouldn't start from here. But the best we
can do if we don't want to risk the hard-won gains that teams
had made toward sustainability pre-COVID is to gradually make
changes that foster sustainability. One option that might work
would be to have a financial fair play framework that limits
squad spend to revenue but is phased in over several years to
allow for transition.
It could start with some rules around the overall salary cap and
then introduce variations for clubs that can demonstrate better
financial capacity. The danger with that is that it creates a
structural advantage for the teams that have a good revenue base
- and actually of the surviving clubs only Quins (above) and
Sale (below) seem to be outliers from c£19-21m revenue. If it's
down to profitability, the likes of Saints are much closer to a
profit than Quins (though we may have been hit last year by the
train strikes around BG/BSKO)
#Post#: 113840--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: T-Bone
Date: October 4, 2023, 10:27 am
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Coventry now in the mire too
#Post#: 113841--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: Brown Bottle
Date: October 4, 2023, 10:57 am
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--- Quote from: T-Bone link ---
>
> Coventry now in the mire too
>
--- End Quote ---
Interesting. Can't see anything related and their fans on
Rugbynetwork aren't aware.
#Post#: 113844--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: Fearless Fred
Date: October 4, 2023, 11:24 am
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--- Quote from: Brown Bottle link ---
>
> Interesting. Can't see anything related and their fans on
Rugbynetwork aren't aware.
>
--- End Quote ---
I saw FOTS tweeted something about that earlier, but it linked
to an article in 2009 when they had problems. There's nothing to
suggest they're in trouble now.
#Post#: 113847--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: Brown Bottle
Date: October 4, 2023, 12:55 pm
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FOTS?
#Post#: 113850--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: Yareet
Date: October 4, 2023, 3:13 pm
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--- Quote from: Brown Bottle link ---
>
> FOTS?
>
--- End Quote ---
Friends of the Stoop
The tweet seems to have gone now
#Post#: 113851--------------------------------------------------
Re: Jersey Reds cease trading
DIR By: T-Bone
Date: October 4, 2023, 4:15 pm
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--- Quote from: Fearless Fred link ---
>
> I saw FOTS tweeted something about that earlier, but it linked
to an article in 2009 when they had problems. There's nothing to
suggest they're in trouble now.
>
--- End Quote ---
Oh, that's what i was referring to. Not seen it anywhere else
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