Carnegie announced today that rhey are moving to part time, ending their dream re Premiership rugby in the near. Their budget was £2.3m , third behind Irish and Trailfinders in the Championship. To be honest that doesnt sound a lot for the ambition they sought - what are the thoughts on this? Reading, it seems a number of backers cannot commit any longer and they spent £2.7m in any case (the report is in the Yorkshire Post - I do not possess an ability to cut and paste here!(
Depressing for all. We hear of Nat 1 clubs investors for some 'lucky' ones but promotion and holding on to Championship status nowadays may be needs a massive step up in financial investments.
I do not know any of the finer details. But, I never liked Yorkshire Carnegie, when they changed from Leeds & 'decided' they were going to Premiership BUT closing the door behind them.
I did shake Ian McGeechan's hand once, but gave him a steely stare (lol) as he was (possibly?) heavily involved in Leeds plan.
Exeter only club profitable - probably in all leagues - is a shocking stat. They are my Prem team (from a distance) as went up from Championship with a ground, structure & regulation required, by the Prem Cartel only to find, half (heresay) teams in Prem didn't meet their own regulations to maintain the 'Club'. Plus of course, historic double header at Billesley, that helped keep us up & took us to Twickers - happy days.
Again, when Moseley went down from Championship - playing by the rules financially - we heard Jersey & others ..stayed up, breaking the rules?! Zero action resulted.
Congratulations to all at Moseley for running a steady ship, whilst producing an entertaining, fully committed team.
The money in Rugby from International & Premiership is vast & something is not fair.