Chris Dennis":1gc5e8n6 said:
I don't see anything wrong with trying to be sustainable as surely those spending vast amounts of money they haven't got will come a cropper as they can't all get to the Premier League.
However I do take issue with the following statement:-
“I point people to the Exeter Chiefs, which is a wonderful example.
“I appreciate the shape of the ball is wrong but the principle is absolutely right where they generate, as I understand it, £16.5 million of income, the majority of which comes from Sandy Park, not from RFU distributions or match-day ticket sales."
From Exeter Rugby accounts 2016:- (available on Companies House website)
Rugby Income £15,427,210
Sandy Park Income £1,561,643
Sandy Park income was 9% which is clearly not a majority.
I would hope the Herald have misquoted him here.
Well spotted, and good post.
I would GUESS the rugby income includes all match day related hospitality in their facilities, and Sandy park income is conferencing and such, separate to the rugby.
If thats how it is it bodes well if we can emulate that.
I am staggered they raked in 10 million more than us last season.
Lets have some of that !