NH club rugby
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Worcester were either going to go bust or get sold this year. Sold it is..
They now have a new owner: http://warriors.co.uk/2018/10/01/worcester-warriors-announce-new-ownership/
May be a speculative play for some of that Private Equity money if EPR sell 50% of their easy money for a quick upfront fix. I just don't see Worcester as being viable going forward without a dramatic change.
A reminder on their Finances.
2017 Finances:
Turnover £10.8m
Borrowings/investment by owner: Loans £26m
Wage bill £11m (101% of turnover)
Loss before tax £8mThey tried to sell a year ago for £26m, which was basically the amount of their debt at the time.
Sep 18, 2017: Worcester Warriors' owner ready to sell club for £26.7m | The Times.
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Chickens coming home to roost
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@mikethesnow said in NH club rugby:
Chickens coming home to roost
I’ve often wondered what a Ex-Club Owner Reunion might sound like:
I used to have to pay some foreign player an extra grand a week just to get him in the dressing room.
Oh well I had to pay the whole team to play six matches in a row and then accept measly money from the RFU to let them go play some tests in South Africa.
Luxury. I used to pay thirteen Kiwis, 4 Aussies and a few Saffers to turn up and play each week whilst the rest of them were off sunning themselves at some World Cup thingy.
Luuuuxurrrry. I used to get up at half past ten, barely have time for my boiled egg and toast before meeting my accountant to work out where to put the £5m losses for another year, then hire another coach cos the last one was a bit soft, look at new development plans for the club - Directors Dining Room, more injury treatment rooms, hire some more Saffas, and barely make it home for dinner at 6.
Luxury. We had to spend £30m each year paying the fans to turn up each week for the tv cameras, build 3 hotels, 4 schools, and put down a new pitch made of ordinary grass before the players would even turn up on a Monday....
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@derm-mccrum said in NH club rugby:
@mikethesnow said in NH club rugby:
Chickens coming home to roost
I’ve often wondered what a Ex-Club Owner Reunion might sound like:
I used to have to pay some foreign player an extra grand a week just to get him in the dressing room.
Oh well I had to pay the whole team to play six matches in a row and then accept measly money from the RFU to let them go play some tests in South Africa.
Luxury. I used to pay thirteen Kiwis, 4 Aussies and a few Saffers to turn up and play each week whilst the rest of them were off sunning themselves at some World Cup thingy.
Luuuuxurrrry. I used to get up at half past ten, barely have time for my boiled egg and toast before meeting my accountant to work out where to put the £5m losses for another year, then hire another coach cos the last one was a bit soft, look at new development plans for the club - Directors Dining Room, more injury treatment rooms, hire some more Saffas, and barely make it home for dinner at 6.
Luxury. We had to spend £30m each year paying the fans to turn up each week for the tv cameras, build 3 hotels, 4 schools, and put down a new pitch made of ordinary grass before the players would even turn up on a Monday....
1996 Original Club owner: "Well, on day 1, we just decided to pay the players triple the going rate for any other professional rugby happening at the time. I can't remember why we did that"
2017 Club Owners: "You c*&t" -
Sevu Reece may, or may not, go to Connacht.
Here's the link to the original article in the Irish Examiner (I'm not sure the author of the Radio Sport article has actually read it very well): https://www.irishexaminer.com/breakingnews/sport/rugby/connacht-signings-move-in-doubt-after-new-zealand-court-appearance-over-domestic-abuse-incident-872791.html
The Examiner in turn refers to this article in the NZH:
https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12134952 -
@stargazer dont blame them TBH, France might be a better option...
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The Left Wing: James Lowe on life at Leinster, Super Rugby experience and unique route to the top
Great and very long interview with James Lowe.
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@stargazer said in NH club rugby:
Sevu Reece may, or may not, go to Connacht.
Here's the link to the original article in the Irish Examiner (I'm not sure the author of the Radio Sport article has actually read it very well): https://www.irishexaminer.com/breakingnews/sport/rugby/connacht-signings-move-in-doubt-after-new-zealand-court-appearance-over-domestic-abuse-incident-872791.html
The Examiner in turn refers to this article in the NZH:
https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12134952Theres a B and B in Bali thats hiring at the moment.
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@stargazer Confirmed from Connacht/IRFU Reece contract has been torn up.
https://www.rte.ie/sport/rugby/2018/1004/1000890-connacht-cancel-move-for-sevu-reece/
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@crucial said in NH club rugby:
@jegga said in NH club rugby:
Theres a B and B in Bali thats hiring at the moment.
He could clean the stairs up after any 'mishaps'
And do the hospital run first thing in the morning to make sure Veitchy isn’t late for work .
Probably not a good idea to get “ on the large “ together though , -
Connor Murray's secretive neck injury getting more press. Rumours he's off to join mates in France after the RWC.
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If you fancy a bit of the 'not Heineken cup sponsored by Heineken', free to air initially
https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12139993
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@machpants said in NH club rugby:
If you fancy a bit of the 'not Heineken cup sponsored by Heineken', free to air initially
https://www.nzherald.co.nz/sport/news/article.cfm?c_id=4&objectid=12139993
Is that 8 of the blandest uniforms you've ever seen lined up side by side? I think I recognise Munster, that's 1 out of 8.
Amazing brand recognition.
There even 2 teams in all grey FFS.
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The TVNZ tv guide doesn't name the exact matches (yet), but it looks like Leinster v Wasps will be the first Champions Cup game to be broadcast by Duke live (Sat 13/10, 7.40am NZT). There's a replay at 2.00pm.
The second live game (Sun 14/10, 5.25.am NZT) seems to be either Scarlets v Racing92 or Ulster v Leicester Tigers.
There is a replacy scheduled for Monday 15/10, 12.10pm
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