Read our community guidelines in full, The latest offers and discount codes from popular brands on Telegraph Voucher Codes, Ealing Trailfinders president Dick Craig (left) and director of rugby Ben Ward (right), The Ealing Trailfinders Sports Ground has an impressive complex, with its many 3G pitches, England sometimes use Ealing's facilities, Gloucester chief warns club will be out of business in six months without bailout plan, Exclusive: Grass-roots competitive rugby postponed until January 'at the earliest', Nigel Owens to become first referee to oversee 100 Test matches with Joy Neville also poised to make history, Leicester Tigers chairman fears for future of Premiership clubs without fans, Worcester Warriors in 'fight for survival' due to ban on crowds, All Blacks forced to spend Christmas away from home in Rugby Championship 2020 schedule, Elliot Daly: 'Big European games like the Racing 92 semi-final are why I joined Saracens', Rob Howley exclusive interview: 'I wouldn't wish what I've been through on my worst enemy', Wales to play home matches against Scotland and Georgia behind closed doors at Parc y Scarlets, Rob Baxter warns sports clubs are 'just going to disappear as businesses' without fans in stadiums, SA Rugby expected to replace Southern Kings with another South African side for the Pro14 2020-21 season. This article was brought to you by The Rugby Paper, the UK's best-selling rugby publication, on-sale every Sunday.To subscribe to The Rugby Paper CLICK HERE, Tagged Bath, Bristol Bears, Exeter Chiefs, Gloucester, Harlequins, Leicester Tigers, Newcastle Falcons, Northampton Saints, Premiership, Sale Sharks, Saracens, Wasps, Worcester Warriors. Ownership Owned by Derek Richardson via Moonstone Holdings, a company registered in Malta.Accounts Wasps Holdings Limited for the year to 30 June 2017. The move did not prevent the club from failing to qualify for the Champions Cup, filling the position on an interim basis, but the New Zealander Chris Boyd has taken over this summer after a successful stint in charge of the Hurricanes. The club was debt-free when he took over and he anticipates making three top signings for next season as part of his push to increase revenue. The auditors flagged up the growing reliance on Mosaic in their report. Newcastle are in the latter group but since Semore Kurdi took over as owner in 2011, shortly after the collapse of the club’s main backer Northern Rock left the Falcons struggling financially, they are looking up. … Central income £5mTickets £4mHospitality, conferencing, events £2.6mSponsorship and advertising £2.3mBar sales and commission on catering bar and shop £1.1mOther income £1m. It took six months to complete his first sale. “By closing that drawbridge and shutting teams out, you stifle that ambition straight away.”. We rely on advertising to help fund our award-winning journalism. “Our ambition has been magnified by this talk of ringfencing,” Ben Ward, the director of rugby, said. Available for everyone, funded by readers. The state they’re in Much was made a few years ago of Saracens carrying the largest debt of any club in the history of rugby. They have grown incrementally rather than at a furious gallop, insuring themselves against a turn in the weather. The bulk is interest free and the club’s auditors noted Mosaic was committed to financially supporting the club until at least the end of December, but last year’s loss of £6.6m showed that self-sustainability is some way off. 020 8971 4332 Email David, Matt Emery, Executive Editor Published: 05:05 EDT, 5 September 2018 | Updated: 05:42 EDT, 5 September 2018. Bristol spent many of the first 12 years of the professional era fighting off bankruptcy, but while they remain heavily in debt, they have a backer prepared to invest in success. The state they’re in Worcester were the only club last year whose wage bill exceeded turnover. Much to their chagrin, when Wasps upped sticks to Coventry, their academy patch which covered much of West London was split among the other “London” Premiership clubs.
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