1
After massive losses revealed, Worcester Warriors face survival battle on and off pitch
Premiership club Worcester Warriors remain on course to avoid relegation, but their financial survival is a much bigger concern after revealing a pre-tax loss of £8.1m for the 2016-17 season.
ADVERTISEMENT
That loss leaves a serious question mark over the future viability of the club and increases the angst being felt by fans who watched their team’s 27-13 win over Newcastle. While that victory keeps them nine points ahead of bottom-placed London Irish with the three games to go, the worrying financial results will make selling the club to potential new investors an even tougher assignment.
Losses for the 12 months up to 30 June 2017 came after the club reported a pre-tax profit of £14.3m a year before – a situation created by club’s owners writing off loans of more than £20.4m.
That was designed to make the Warriors a more attractive proposition but with South African Johann Rupert deciding to end his 50 percent stake in Saracens and Irish desperate for around £10m of new investment, there are now three Premiership clubs looking for new backers.
Warriors remain, like Saracens and Irish, dependent on the willingness of their current owners to keep pumping in millions of pounds.
Warriors bought the freehold on the 50-acre Sixways site from the old Worcester Rugby Club, and have been reportedly valued at £26.7m. Former owner Cecil Duckworth is the club president and is listed as a director along with Bill Bolsover, Anthony Glossop, Greg Allen, John Crabtree and Gus Mackay- the managing director.
While they still have highly paid England centre Ben Te’o and Springbok Francois Hougaard on their books, Scotland forward Dave Denton has signed a three-year deal to join Leicester at the end of the season.
ADVERTISEMENT
While Denton cannot directly affect the search for new finance, he can help secure the club’s place in the Premiership an avoid the estimated loss of around £2m in central funding which hits the relegated club.
Denton has three more games in a Worcester shirt before joining Leicester, one of the most financially stable Premiership clubs.
He said: “There is a lot of stake at the moment and I want to contribute towards making sure we stay in the Premiership and with London Irish winning at Harlequins it is not settled yet.
ADVERTISEMENT
“It was a massive decision to leave at the end of the season and I did what I though was best for me and at 28 there are still some years in the old dog yet and being at Leicester for three years gives me an opportunity to go to the World Cup.
“These last three games for Worcester are a massive focus for me.”
Comments on RugbyPass
After their 5/0 start, I had the Crusaders to finish Top 4 only…they lost the plot in Perth but will reload and back themselves vs 4th placed Rebels…
3 Go to commentsBoth nations missed a great opportunity to book a game that would have had a lot of interest from around the world. I understand these games can’t be organised in 5 minutes but they should have found a way to make it happen. I don’t think Wales are ducking anyone but it’s a bad look haha.
3 Go to commentsIt will be fascinating to see the effect that Jo Yapp has. If they can compete with Canada and give BFs a run for their money that will be progress
1 Go to commentsFollowing his dream and putting in the work. Go well young fella!
3 Go to commentsPerhaps filling Twickenham is one of Mitchell’s KPIs. I doubt whether both September matches will be at Twickenham on consecutive weekends. I would take the BF one to a large provincial stadium so as not to give them the advantage and experience of playing at Twickenham before a large crowd prior to the RWC.
2 Go to commentsvery unfortunate for Kitshoff, but big opportunity potentially for Nché to prove he is genuinely the best loosehead in the world, rather than just a specialist finisher. Presuming that if Kitshoff is out, it will also give Steenekamp a chance to come into the 23? Or are others likely to be ahead of him?
1 Go to commentsA long held question in popular culture asks if art imitates life or does the latter influence the former? Over this 6 nations I can ask the same question of the media influencing the thoughts of its audience or vice versa. Nobody wants to see cricket scores in rugby, as a spectacle it is not sustainable. With so many articles about England’s procession and lack of competition it feeds the epicaricacy of many looking for an opportunity to pounce. England are not the first team to dominate nor does it happen only in rugby, think Federer, Nadal, Red Bull or Mercedes, Manchester Utd, Australia in tests and World Cups. Instead of celebrating the achievements why find reasons to falsify it pointing towards larger playing pool, professional for a longer period or mitigate with the lack of growth in other nations. Can we not enjoy it while it is here and know that it won’t last for ever, others coveting what England have will soon take the crown, ask the aforementioned?
6 Go to commentsShame he won’t turn out for the Netherlands now they’re improving. U20s are Euro champs and in the U20 Trophy this year. The senior sides gets better every year too.
3 Go to commentsWill rugbypass tv be showing these games?
1 Go to commentsWell where do you start, the fact that England have a professional domestic league and Ireland’s is fully amatuer, that they have fully seperated professional squads at Fifteens and Sevens (7’s thinly disguised as GB), and Ireland have fully pro Sevens squad who loan some players back to the Semi-Professional Fifteens squad (moved from amateur for only a year or so) for a few games at 6N & RWC’s. The Women’s games is a shambles, and is at risk of killing itself by pushing for professionalism when the market isn’t really there to support it outside one or two countnries..
6 Go to commentsWayne Smith's input didn't have as much impact on the last final as Davison's red card for Thompson. England were 14 points up and flying when that happened.
6 Go to commentsBilly's been playing consistently well for 2 - 3 seasons now and deserves a look in at the top level. Ioane and ALB are still first choice but there needs to be injury cover and succession. His partnership with Jordie gives him first dibs you'd think. Go the Hurricanes.
3 Go to commentsIt’s not up to Wales to support Georgian Rugby. That’s up to International Rugby and Georgia. I sympathise with Georgia’s decent attempt to create this fixture. But for Wales the proposed match up is just a potential stick to beat them with and a potential big psychological blow that young Welsh team doesn’t need. (I’m Irish BTW.)
3 Go to commentsCale certainly looks great in space, but as you say, he has struggled in contact. At 23 years old, turning 24 this year, he should be close to full physical maturity and yet there exists a considerable gap in the power and physicality required for international rugby. Weight doesn’t automatically equate to power and physicality either. Can he go from a player who’s being physically dominated in Super rugby to physically dominating in international rugby in 1 or 2 years? That’s a big ask but he may end up being a late bloomer.
28 Go to commentsIf rugby wants to remain interesting in the AI era then it will need to work on changing the rules. AI will reduce the tactical advantage of smart game plans, will neutralize primary attacking weapons, and will move rugby from a being a game of inches to a game of millimetres. It will be about sheer athleticism and technique,about avoiding mistakes, and about referees. Many fans will find that boring. The answer is to add creative degrees of freedom to the game. The 50-22 is an example. But we can have fun inventing others, like the right to add more players for X minutes per game, or the equivalent of the 2-point conversion in American football, the ability to call a 12-player scrum, etc. Not saying these are great ideas, but making the point that the more of these alternatives you allow, the less AI will be able to lock down high-probability strategies. This is not because AI does not have the compute power, but because it has more choices and has less data, or less-specific data. That will take time and debate, but big, positive and immediate impact could be in the area of ref/TMO assistance. The technology is easily good enough today to detect forward passes, not-straight lineouts, offside at breakdown/scrum/lineout, obstruction, early/late tackles, and a lot of other things. WR should be ultra aggressive in doing this, as it will really help in an area in which the game is really struggling. In the long run there needs to be substantial creativity applied to the rules. Without that AI (along with all of the pro innovations) will turn rugby into a bash fest.
24 Go to commentsSouth Africa rarely play Ireland and France on these tours. Mostly, England, Scotland and Wales. I wonder why
2 Go to commentsIt was a let’s-see-what-you're-made-of type of a game. The Bulls do look good when the opposition allows them to, but Munster shut them down, and they could not find a way through. Jake should be very worried about their chances in the competition.
2 Go to commentsHats off to Fabian for a very impressive journey to date. Is it as ‘uniquely unlikely’ as Rugby Pass suggests, given Anton Segner’s journey at the Blues?
3 Go to commentsSad that this was not confirmed. When administrators talk about expanding the game they evidently don’t include pathways to the top tier of rugby for teams outside of the old boys club. Rugby deserves better, and certainly Georgia does.
3 Go to commentsLions might take him on if they move on Van Rooyen but I doubt he will want to go back, might consider it a step backwards for himself. Sharks would take him on but if Plumtree goes on to win the challenge cup they will keep him on. Also sharks showing some promising signs recently. Stormers and Bulls are stable and Springboks are already filled up. Quality coach though, interesting to see where he ends up
1 Go to comments