That's good news. Thanks for sharing.News | Gloucester Rugby
The official website of Gloucester Rugby with the latest news, fixture, ticket and merchandise information.www.gloucesterrugby.co.uk
Excellent communication from Gloucester.
TBH it just follows the pattern of the owners tying everything up in knots to try and make as much money out of the situation as possible.
Tbh though that's not the problem with the salary cap increase. Sure clubs could spend less, but then clubs with rich sugar daddies will spend to it and have a far stronger squad. The cap needs to be attainable by clubs or it leads to an imbalance in squad strengths.like these quotes by baxter.Rob Baxter: Don’t moan about salary-cap rise, just run your clubs properly — The Times and The Sunday Times
Rob Baxter has told Exeter Chiefs’ Gallagher Premiership rivals to stop complaining about the planned salary-cap increase and concentrate on working within their means. The amount top-flight clubs can spend on wages dropped from £6.4 million to £5 million because of the impact of the pandemic...apple.news
"Whatever the salary cap is, you don't have to spend it. I do get slightly annoyed by clubs that are kind of saying, [because of] the position Wasps and Worcester are in, 'it is not fair for a number of clubs to say they want the salary cap to go up'. There is absolutely nothing in any rule or regulation that says they have to spend more than they are now.
"No one ever said to Worcester you have to spend as much money on your players — you are not forced. A fair bit of their financial problems happened away from players
"If a team is happy to spend £5 million and feel it is good for their business there is nothing to stop them spending that. It is one of my big frustrations that a number of clubs will come out and say that it is a rule that if the cap goes up they have to spend to it and that will put them in financial problems. It won't.
"That would be like saying if we made the salary cap £20 million overnight then every club would go bankrupt because they would spend £20 million on players. Are we seriously going to say that? That is what some clubs are saying.
"We [Exeter] spent years not spending to the salary cap and didn't sit here as a business and fall apart not being progressive. You just have to look at things in a different way and that has to be a club-by-club decision. It doesn't mean you become an unpopular team or the rest of your finances collapse — I have gone through that with this club.
"I felt we were a pretty competitive Premiership team spending half of what other clubs were spending."
It will be interesting to see how Newcastle goes this year and they pretty much have taken this tactic
maybe baxter is creating straw men but he seems to be indicating teams are complaining behind closed doors
do they? In the three American sports with salary caps there are teams that don't come close to approaching the cap. NHL has a team at 75% of the cap. NBA is complicated but Warriors spent twice as much as the cheapest team. Last year the NFL had 5 teams leave 10 mil in cap space available.
Not sure about American sports, but I imagine they are more financially stable than rugby is. I know also some of the sports have draft picks to even things up right? Don't think a direct comparison works.
Alot of people out for work not just players, hope other clubs have cap room to save some.Worcester Warriors: WRFC Players Ltd wound up in High Court
WRFC Players Ltd, the payroll arm of Worcester Warriors, is wound up in the High Court in London over money owed to HMRC.www.bbc.co.uk
I didn't realise until I read this that there's another company which paid the players and staff's wages. So this company is getting wound up and liquidated.
Last filed accounts unsurprisingly show no net assets, so I can't see how the players and staff get any of their unpaid wages back. HMRC will have to write off the taxes owed.
Yep, according to their last accounts total of 98 including the two miscreants. Of course hope those two don't ever find work again.
