S5 Ep4: Premiership Rugby’s Financial Reckoning

The Good, The Bad & The Rugby

Folding Pocket

Sports News, Sports, Rugby, News

4.5 • 2.5K Ratings

🗓️ 1 October 2024

⏱️ 77 minutes

🔗️ Recording | iTunes | RSS

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Summary

Alex, Hask, and Tins dive into the financial future of Premiership Rugby. Special guest Alex Cadwallader, Director at Leonard Curtis, joins the crew to discuss the newly released Leonard Curtis report, which examines the financial health of Premiership clubs from 2018 to 2023. With seven out of ten clubs reported to be balance sheet insolvent, the team explores what this means for the future of the game in England.
Along with financial talk, the episode also recaps recent Premiership action, including key away wins for Tins' old teams Gloucester and Bath.

Season 5 is sponsored by Continental Tyres.

Transcript

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0:00.0	I've always been ambitious and in teaching I've found plenty of opportunities to progress.
0:04.8	As head of English I now get to support all the other teachers in my department.
0:09.2	They often learn from my advice though actually I often learn from theirs. The support and development we all get
0:14.8	from each other is amazing. It benefits not just us but every student we teach. How many
0:20.1	the professions can say that?
0:22.4	Every lesson shapes a life.
0:24.0	Starting with your own.
0:26.0	Search, get into teaching.
0:30.0	A recent financial report has come out showing that seven of the ten
0:33.6	pre-ship clubs are balance sheet insolvent. I thought there'd be more positives to be
0:38.9	honest with you. If you've always done something it doesn't all mean it's right
0:41.8	and doesn't mean we should always continue doing it.
0:43.2	And all rugby does is do that.
0:45.0	The numbers are the numbers and they are pretty startling.
0:47.7	I'm not here to try and put the nail in the coffin of English club rugby.
0:50.7	Well, see, I report's looking at what is what's happened, Alex, and what I haven't got access to.
0:54.3	I'm now putting you into the community.
0:55.3	Absolutely.
0:56.3	I'm challenging you in the way that Brian Moore does.
0:59.1	Don't just say do more.
1:00.3	Give us an answer.
1:01.3	Absolutely.
	...

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