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Author Topic: Looking Ominous  (Read 2373 times)

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Camquin

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Re: Looking Ominous
« Reply #15 on: Tuesday 19-May-2020, 23:02* »
I suspect the Premiership will go back but not the crowds - so we get to watch on TV.
Hopefully all games will be on TV,
That gives clubs TV and sponsors money, thus letting them survive.
But the lack of gate money will cost  say £3m.
Which means much reduced player wages - or deeper pockets from the sugar dadies.

However, Championship and National League Clubs will have no income - and many may fail.

D-Quins

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Re: Looking Ominous
« Reply #16 on: Tuesday 19-May-2020, 23:10* »
I suspect the championship and National League will not run next year.  There is no money to pay for the precautions etc.  Where this leaves the Salary cheats for promotion next year no idea.  Would be sad if there was not promotion next year!

MaidstoneQuin

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Re: Looking Ominous
« Reply #17 on: Wednesday 20-May-2020, 07:27* »
Football/rugby lower league teams would fall apart behind closed doors, probably in football terms league 1 and below. If I owned a team and was forced to finance an entire new squad and had 0 for gate money the decision would be fairly straight forward for closing down.  teams would also get some stream revenue, but it would pale in significance to required to run a club

Domestos

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Re: Looking Ominous
« Reply #18 on: Wednesday 20-May-2020, 08:22* »
I understand - and I may well be wrong - I often am.

Harlequins like most professional sports clubs, most companies for that matter, use the British limited liability company system to their advantage.

And why wouldn't they?

If ABC Rugby Ltd fails, the directors can/will say, 'Oh dear, that's a shame, lucky that the land was owned by ABC(Land) Ltd isn't it?'

I suggest to you that this - or something like this - is what will happen if any/some/most/all of the professional rugby clubs in this country fold.

stoquin

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Re: Looking Ominous
« Reply #19 on: Wednesday 20-May-2020, 08:44* »
Back to attending games, my belief, and hopefully the scientists will allow a return to smaller crowds. This of course depends on the number of cases dropping to hundreds across the country with therefore the odds of a virus carrier attending very slight, so negligible risk. The safety net for this is the track and trace so that if someone does become ill they will be able to locate and advice those in the near vicinity that they should self isolate in case they have been infected.

This still leaves the management of bars toilets and mass exit to be addressed.

It also requires the ticket holders to have the confidence in the system and the mass fear that is currently present turned around.


We have to believe that this scenario will work or waiting for a vaccine will kill the sport as we know it. At present there have been about 400 cases in Richmond borough not very many but if we can get below that figure for the nation then the above should work and we should be able to feel safe enough to go to a game.

Just a thought

dr_miles

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Re: Looking Ominous
« Reply #20 on: Wednesday 20-May-2020, 09:24* »
There's a report on rugbypass today about losses incurred by premiership clubs, and that shows that Quins lost £11m over the last two seasons, and every club except Exeter made losses in the millions.

The reason that the season hasn't been called off is the tv money - if BT Sport don't get their rugby then they aren't going to pay for it. The contract for premiership rugby was signed back in 2015, and was said to be worth more than the previous deal which was £152 for 4 seasons, or £38m per season. If we assume that the  the contract is worth £50m per season then each of the premiership members (and there are 13) gets £3.8m per season. At the moment there are 9 rounds to go plus the playoffs, so it's not a big leap to say that up to 50% of the tv money for the season is yet to be paid out - that would be £1.9m per club which is therefore at risk if they don't play the rest of the season. On top of that there is also the tv money for the European competitions.

The current premiership tv contract runs out at the end of the 2020-21 season, so the league are also under pressure to prove that the game is viable and worth something to broadcasters, otherwise there won't be a deal, or the value of it will be massively reduced.

deadlyfrom5yardsout

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Re: Looking Ominous
« Reply #21 on: Wednesday 20-May-2020, 09:38* »
£11m or £12.9m loss.....doesn't seem terminal from that perspective.
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East Sussex Chris

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Re: Looking Ominous
« Reply #22 on: Wednesday 20-May-2020, 10:12* »
You need to remember that's Quins  Premiership Rugby that's losing that money not the whole organization, However, in theses times the other off shoot companies are probably losing money now, so things can't be great for us and all the other clubs.

dr_miles

  • Jester
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Re: Looking Ominous
« Reply #23 on: Wednesday 20-May-2020, 10:17* »
£11m or £12.9m loss.....doesn't seem terminal from that perspective.

As I wrote, £11m was over two seasons.

The losses of 2018/19 were £5m, so add on £2m of tv money plus all ticket revenue (and potential refunds), bar sales, use of ground for other purposes (e.g. hockey, international hosting) - that could easily increase the losses for this season to £10m. It may be offset by CVC money, but that also reduces future income.

And next season? If there's no rugby and can be no events then your income is £0, and your losses will be even greater.


deadlyfrom5yardsout

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Re: Looking Ominous
« Reply #25 on: Wednesday 20-May-2020, 11:54* »
If there is behind closed doors Rugby then mayhaps you can make a Subscription Streaming Service work I suppose......Would mean we are not hamstrung and beholden to TV companies. They only show our Home games anyway!

Not sure how I feel about the demise of Harlequins FC Ltd to be honest. In fact it may signal a return to a more Amateur game which may or may not be a good thing. If the Stoop becomes a housing estate then I'm quite sure the Harlequins name will survive and live on.

dr_miles

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Re: Looking Ominous
« Reply #26 on: Wednesday 20-May-2020, 11:56* »
If the club folds then presumably all player contracts are voided and they can sign for any other club - if they are still going.

deadlyfrom5yardsout

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Re: Looking Ominous
« Reply #27 on: Wednesday 20-May-2020, 12:01* »
Yes then there will Harlequins FC (2020) Ltd....

baggie

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Re: Looking Ominous
« Reply #28 on: Wednesday 20-May-2020, 16:17* »
What about those of us who have had the virus and recovered ? If you get it the survival rate is over 98%

I am aged 66 with no underlying health issues ... I recently tested “negative” for the virus but the test also revealed that I have the antibodies in my system which confirm I have had the virus and this will stop me getting it again

There must be millions like me who have had the virus and recovered without medical intervention ... we fall outside any statistics and therefore do not influence government policy

As far as I am concerned if Quins were playing on Saturday I could attend without fear of catching the virus or transmitting it ... unless I am missing something !

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honkytonk

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Re: Looking Ominous
« Reply #29 on: Wednesday 20-May-2020, 16:29* »
I agree with baggie in terms of the amount of people that must have had the virus and not realised at the time.  Look at the pictures of the beaches today, If people were allowed back to watch sport, I think there would be some surprise about how many would go.
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