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Authors Phil

7 days 30 days All time Recent Popular
Phil
Phil
@RugbyPhilBB
A simple solution for Welsh rugby, achieved by splitting the administration and control of the community and professional game......1/

The professional game owns the competitions it plays in (so the actual clubs are the shareholders) and form an organisation similar to PRL in order to best serve their commercial interests. Competition & broadcast income no longer flows through the accounts of the WRU but 2/

rather is paid to the incorporated organisation owned by the clubs (with the WRU having a share, so an interest, in that organisation). The WRU share isn't dividend paying, however. That organisation then deals with all aspects of the professional game 3/

from dealing with CVC, to negotiating competition and broadcast income, to sponsors for the Autumn International series, to working with World Rugby on the World Calendar - everything. 4/

From the funds of that corporation, a licence fee is paid to the WRU for the use of the stadium. This licence fee replaces the grant the professional game pays (north of £10m at the moment) to the community game each year. This money, plus whatever the community game 5/
SPORT
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