Premiership Rugby CEO demands ‘better visibility’ of club finances amid Wasps and Worcester struggles
2 years, 2 months ago

Premiership Rugby CEO demands ‘better visibility’ of club finances amid Wasps and Worcester struggles

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Premiership Rugby chief executive Simon Massie-Taylor admits there needs to be “better visibility” of club finances as the top-flight English domestic game grapples with uncertainty. Worcester are set to be suspended from all competitions if they do not meet a Rugby Football Union deadline of 5pm on Monday showing they possess required insurance, are able to meet payroll and have a “credible plan to take the club forward”. “The clubs are willing, and with that we can have a proper understanding of our eco-system and that will help find potential future investment at club level, it helps us on the commercial front and also sets an appropriate cost-base for everyone as we manage our way out of that.” Massie-Taylor says it would be a “doomsday scenario” if the Premiership dropped from 13 clubs to 11 because of current issues at Worcester and Wasps. open image in gallery Premiership Rugby chief executive Simon Massie-Taylor “We get there through growth, clearly, and we have got a plan we’ve been working to on that, but we also need the right structure there to get the foundations and the confidence for investment.

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