Club owner lays bare crippling toll of running a Premiership team at an annual £4million loss
A concerned Gallagher Premiership club owner has laid bare the stark financial cost the game was having on his bottom line before the economically disastrous coronavirus pandemic even struck. Rugby around the world has been placed in cold storage in the fight to combat the spread of the deadly virus. It has resulted in players in England accepting a 25 per cent pay cut and backroom staff being placed on furlough.
It’s a dramatic pause that London Irish owner Mick Crossan now hopes will be invaluable in helping the financially crippled Premiership come up with a better business plan rather than continuing to have the majority of its clubs lose money on a year-on-year basis.
Having made his money as chairman of Powerday, the recycling and waste management firm, Crossan first started investing in London Irish in 2013. His experience hasn’t been plain sailing at the twice relegated club, the owner even putting recent ill health down to the stress of keeping the operation afloat.
Speaking to the The Mirror about the financial concerns currently hauling rugby in England, Crossan said: “Last season cost me £4million and I can’t afford that. Club rugby has to change. We can’t keep relying on rich benefactors. It’s definitely not a sustainable business. Everyone’s suffering.
“This crisis may actually be a saving grace for club rugby, in the respect that everyone will hopefully now cut their cloth to suit their pockets. I honestly think it will do club rugby good by bringing common sense back to the clubs and the finances of what players are being offered. Hopefully it will give a kick in the arse to some of the agents as well.”
London Irish have pinned their future viability on a move back to London this summer as they will groundshare at Brentford Football Club’s new stadium after spending the last 20 years outside the capital in Reading. “For a lot of things in the world, including rugby, this crisis is maybe the kick up the backside people needed.”
Comments on RugbyPass
As long as New Zealand youth are involved in sport they are passionate for, and are well supported, it’s all good. I love league as well as rugby. NRL clubs have long since scouted the First 15 competitions, the NH and Japan scout super rugby and NPC. It’s a miracle there’s any players left for the all blacks to pick from.
4 Go to commentsI'm a Bok fan, so I don't say this lightly, but he is one of my all time favourite players. I am really going to miss watching him play. Thanks for many great memories. You are a true legend of the game.
3 Go to commentsBest way to deal with all of this is to play another game.
122 Go to commentsIt’s 12-15 games Luke. Ringrose has barely played in 2024 and Henshaw and Keenan have also been out for spells in the same time period. There are always injuries and for younger players to play with the likes of Barrett will be great for them. It’s just looking for negatives where there are none.
5 Go to commentsAndy Goode pushing his own agenda with very dubious considerations on refereeing performances. Luke Pearce speaking a bit of French doesn’t make him a good and adequate referee for the Champions Cup final; his latest refereeing performance in particular was not so great.
4 Go to commentsJordie knows that he has to earn the right to put on the jersey, whatever that jersey might be.
5 Go to commentsThe best outside centre in the world at one point. He will be greatly missed.
3 Go to commentsYip his great for the big moments when needed as a safa really enjoy watching him
4 Go to commentsOne that will start to come up from now on is penalties for back pushes during kick chase scrambles. Very difficult to detect. In Croke Park if you replay the Hendy NH try, you will see Furbank push Porter in the back, who collides with Larmour knocking the ball across into Hendy’s path to dot down. A more significant example was in the RWC QTR final where Arendse pushes Fickou into two other French players for the ball to spill into Arendse’s path for him to gather and run in to score SAs first try. Not cheating if you are not caught and very difficult to spot but with kicking becoming so critical I feel its an area that will referreeed/TMO-ed more.
4 Go to commentsWhat a pathetic little twit Andy Goode is, as if we care what he thinks…..😂
122 Go to commentsFoxy has been a wonderful player for the Scarlets and Wales.
3 Go to commentsNika the Georgian is the best referee in the world at the moment. Luckily we will be spared the shite SH refs and Barnes will hopefully remain retired given how shite and embarrassing he was at the RWC.
4 Go to commentsThis is the most exciting game of the summer imo, as we really won’t know in advance how both teams are going to play. - Will Robertson just reproduce his Crusaders tactics from last year, or will there be a conscious effort to borrow from the Hurricanes and Blues, and from the aspects of the ABs world cup strategy that worked well? - England under Borthwick have put in some good performances playing attacking rugby, and some good performances playing kick-oriented defensive rugby. Will Borthwick try to merge them together into a single all-court game, or will he continue switching between different approaches depending on the strengths and weaknesses of the opposition?
1 Go to commentsI’m predicting an aggregate points difference of no more than +/-10pts across both matches this series.
1 Go to commentsI’m predicting an aggregate points difference of no more than +/-10pts across both matches this series.
9 Go to commentsFinals are always tense affairs for the players so I do not expect this to be a spectacle of running rugby unfortunately.
4 Go to commentsBulls***': Ex-England international calls out Eben Etzebeth… Not to his face but from very far away… after he’d left. Checked to make sure he wasn’t in the building.
122 Go to commentsHopefully this will mean a new Auckland league team to support in the west. Big Warriors fan but it’s very, very stale on that front and I’d like the option of another team if it was to watch league again. League needs to step up BIG time if its to get anywhere, another AK team and something from the capitol or south is a must for the game.
4 Go to commentsGood, deep interview, nice job Frankie!
1 Go to commentsNRL players don’t have anywhere near the number of Tests. Some people would be happy having Rest Homes full if 40 yo ex-players walking, or hobbling more like it, into walls. It’s just a game!
4 Go to comments