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Author Topic: Premiership Rugby to go private?  (Read 1151 times)

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Monte

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Re: Premiership Rugby to go private?
« Reply #15 on: Wednesday 05-Sep-2018, 19:02* »
The problem is that since Mark Evans invented Big Game there has been no other changes in the last 10 years and now everyone is really struggling for sponsorship/partnership. I cannot see any vision from anyone. Whoever pushed through the increase in salary cap last time sounded in my opinion the death knell for premiership rugby clubs surviving in their present financial format.  Owners all want money back and this would help them, but I disagree that it is good news and I personally gave up on formula 1 when CVC got involved as it ceased to be a real sport. It just confirms that Premiership does not have clubs anymore just business trying to break even at worst or make a profit at best. So forget membership, debentures just a Season ticket or not.  How it will fit in with England and the rfu I have no idea but for my money these guys are only interested in one thing themselves and maximising their profit. Quins have tried to wrap it up in Community and Foundation but this is is Very very sad.

Mayor West

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Re: Premiership Rugby to go private?
« Reply #16 on: Wednesday 05-Sep-2018, 20:30* »
You would think that a company with a healthy profit in mind would have done some homework on an investment of millions. It wouldn't be in their interest to lose money with a half cocked idea of what model they think might work. There has to be a profitable and secure long term strategy in order to make the deal work. Even if you wanted to sell later it would still have to be worth while someone else investing in.
    It looks like a good idea as it would enable clubs to invest and possibly make themselves more profitable. Maybe it's too good to be true and you know what they say about things like that.

TomBuckQuin

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Re: Premiership Rugby to go private?
« Reply #17 on: Wednesday 05-Sep-2018, 20:32* »
The problem is that since Mark Evans invented Big Game there has been no other changes in the last 10 years and now everyone is really struggling for sponsorship/partnership. I cannot see any vision from anyone. Whoever pushed through the increase in salary cap last time sounded in my opinion the death knell for premiership rugby clubs surviving in their present financial format.  Owners all want money back and this would help them, but I disagree that it is good news and I personally gave up on formula 1 when CVC got involved as it ceased to be a real sport. It just confirms that Premiership does not have clubs anymore just business trying to break even at worst or make a profit at best. So forget membership, debentures just a Season ticket or not.  How it will fit in with England and the rfu I have no idea but for my money these guys are only interested in one thing themselves and maximising their profit. Quins have tried to wrap it up in Community and Foundation but this is is Very very sad.

But my question would be: how does this affect your matchday/fan experience? I'm not being contrary or anything, just genuinely interested to know. Quins have been running as a business for decades - why didn't you stop watching Premiership rugby years ago? I can only speak for myself but, as a fan of the club, my main ask is that Quins do things on the pitch that we want to come and watch and that they serve up enough food and booze to keep us happy (and have facilities to keep kids busy for those who bring their youngsters). To do that, the club needs to do its bidding off the pitch. The two aren't mutually exclusive - they come hand in hand. I don't really understand what you expect them to do...

My very simple view is that as long as Quins maintain performance on the pitch and around the ground, I'll keep coming back. I expect Quins to keep themselves afloat as a business and am doing my little bit to help them do that but the only thing I expect in return is some great memories - I don't need to know who owns what and how they're managing their affairs. I trust they know what they're doing in the best interests of the business. Just give me high intensity rugby, a box of piping hot fish and chips and a fresh pint. Happy days.

Mayor West

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Re: Premiership Rugby to go private?
« Reply #18 on: Wednesday 05-Sep-2018, 21:39* »
Perhaps they think that there are untapped or poorly investigated markets that with enough investment can produce extra revenue for everyone. If rugby takes off in the US or maybe other rugby countries can have access to prem games and pay a bit for it,that can't be a bad thing. If prem teams could get merchandise sales around the world because of extra coverage would that help.
   I stopped watching F1 when half the races went to Sky as I won't have Sky. I couldn't follow it so easily and lost interest. I am only one and Monte one other who have opted out due to changes but if overall the revenue from the new controls increased then it is a good thing for F1 overall.

Monte

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Re: Premiership Rugby to go private?
« Reply #19 on: Wednesday 05-Sep-2018, 22:09* »
So back to our friends Stuart Barnes and Dewi Morris for Premiership rugby is what people want _ joy oh joy

Nemoquin

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Re: Premiership Rugby to go private?
« Reply #20 on: Wednesday 05-Sep-2018, 22:34* »
CVC are typical private equity sharks. They made a lot of money for themselves from F1. This was by buying an existing money making operation, but not one which was fair. Their idea of generating growth was jacking up prices. They had no long term strategy for the business .

TomBuckQuin

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Re: Premiership Rugby to go private?
« Reply #21 on: Wednesday 05-Sep-2018, 22:46* »
So back to our friends Stuart Barnes and Dewi Morris for Premiership rugby is what people want _ joy oh joy

Forgive me if I'm being stupid but why would that be the case? And does it really matter, in the grand scheme of things, who commentates on the game? Especially if it keeps the game afloat? I really don't think these decisions are being taken lightly - but maybe I'm naive.

raedarius

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Re: Premiership Rugby to go private?
« Reply #22 on: Wednesday 05-Sep-2018, 23:36* »
In the greater scheme of things, does it matter if something good is replaced with something bad?  Strange perspective.

GP2110

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Re: Premiership Rugby to go private?
« Reply #23 on: Wednesday 05-Sep-2018, 23:57* »
Why is it bad? There is simply no basis to say that whatsoever.

A suggestion that rugby will go back to sky, for example, is pure speculation based on nothing tangible.

GP2110

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Re: Premiership Rugby to go private?
« Reply #24 on: Wednesday 05-Sep-2018, 23:58* »
The reality is that almost every club in the league is making losses every year. At this rate, the entire sport will go bankrupt. Is that good?
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Aha!

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Re: Premiership Rugby to go private?
« Reply #25 on: Thursday 06-Sep-2018, 00:22* »
Just goes to highlight the incompetence and lack of willingness of Buffy the Blazer at commercialising and widening rugby's appeal to newer bigger audiences. We've all moaned for years about myopic vested interests - I bet the new owners would love to see a vibrant English game expanded domestically and exported globally. Pro14 are already getting TV deals in China that PL wouldn't even conceive of.

TomBuckQuin

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Re: Premiership Rugby to go private?
« Reply #26 on: Thursday 06-Sep-2018, 00:25* »
In the greater scheme of things, does it matter if something good is replaced with something bad?  Strange perspective.

That's exactly what the "grand scheme of things" disclaimer is. Do I love Barnes and Morris' commentary? No - although Harrison and Greenwood are good value, so it really ain't all bad. Do I want to see the Premiership go down the pan? Even more no. So which one would I choose? Sky coverage, obviously. That way I can still watch the game and, quite frankly, I'll make my own mind up about what's going on without needing the commentary team anyway.

Regardless, like I said and as GP2110 reiterates, where is the evidence that CVC buying 51% of the Premiership = Sky coverage? Oh yeah, someone on here who has already decided "CVC funding injection = bad" randomly came up with that assertion to justify their negative feelings about the whole thing, which I'm still yet to get to the bottom of (and would still like to understand). And I hate to be a stickler for detail but BT Sport have an exclusive rights contract in place - one that they outbid Sky for - so who says Sky even want it for that price anyway?

So yeah, I'll take saving the Premiership over any of this nonsense about Barnes and Morris and rugby players being replaced by F1 cars...
« Last Edit: Thursday 06-Sep-2018, 00:26* by TomBuckQuin »
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Quicker Quin

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Re: Premiership Rugby to go private?
« Reply #27 on: Thursday 06-Sep-2018, 07:03* »
Yeah, if this happens I'm out and will probably head off to watch the lower leagues.

Why?

alexfromlondon

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Re: Premiership Rugby to go private?
« Reply #28 on: Thursday 06-Sep-2018, 07:09* »
Tricky one this....

Whatís clear is that the business side of the game in England is poor and that a lot more needs to be done at individual clubs to maximise profit generating growth outside of and alongside the core rugby activities.

Quins probably have more opportunities to do this than many clubs because of their location and brand. But London is competitive. The new stadium development is essential for this but it will need brave, commercial and ambition vision of the sort weíve not seen to date.

The global game also has a long way to go. I get worried about what the proportion of empty seat at the Rugby Championship and Super 15 games say about the state of the game and its appeal. If you canít fill the ground for the Wallabies vs All Blacks in Sydney things arenít in a good way...

So...new ideas and investment are essential! Iím not sure these guys are right for it - itís just a hunch - but if not them then who? There is no one at the clubs or the rfu who have shown anything bold or brave to shake things up in recent years so I just canít see it happening with the status quo.

Interesting times.

Gone

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Re: Premiership Rugby to go private?
« Reply #29 on: Thursday 06-Sep-2018, 08:28* »
The problem is that since Mark Evans invented Big Game there has been no other changes in the last 10 years and now everyone is really struggling for sponsorship/partnership. I cannot see any vision from anyone. Whoever pushed through the increase in salary cap last time sounded in my opinion the death knell for premiership rugby clubs surviving in their present financial format.  Owners all want money back and this would help them, but I disagree that it is good news and I personally gave up on formula 1 when CVC got involved as it ceased to be a real sport. It just confirms that Premiership does not have clubs anymore just business trying to break even at worst or make a profit at best. So forget membership, debentures just a Season ticket or not.  How it will fit in with England and the rfu I have no idea but for my money these guys are only interested in one thing themselves and maximising their profit. Quins have tried to wrap it up in Community and Foundation but this is is Very very sad.

Just one point, the Premiership stopped having clubs and had businesses the moment the sport went professional. It may be a total and utter potentially unsurvivable mess but that's professional sport if you want a mass audience.

 

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