Fairly sure IRFU never bailed out Ulster or Leinster. They gave Ulster a loan to underwrite their S&C training centre in about 2008 but that Loan was repaid on schedule without default.munster#1 wrote:While the witch hunt is ongoing, it is worth noting that the IRFU have bailed out Ulster and Connacht in the past, so Munster are the 3rd team to require assistance.
Rugby is a business, and the provinces are nothing more than franchises owned by the IRFU, that exist as professional teams because of the IRFU, to serve the IRFU' plans.
If the provinces fail, like with any business, it is the owners who take the hit, and the responsibility to repair the problem.
David Nucifora - Ongoing
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- Rob Kearney
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Re: David Nucifora - 2015/2016
Re: David Nucifora - 2015/2016
Browne himself used the words "in the past we have bailed out Ulster."Ruckedtobits wrote:Fairly sure IRFU never bailed out Ulster or Leinster. They gave Ulster a loan to underwrite their S&C training centre in about 2008 but that Loan was repaid on schedule without default.munster#1 wrote:While the witch hunt is ongoing, it is worth noting that the IRFU have bailed out Ulster and Connacht in the past, so Munster are the 3rd team to require assistance.
Rugby is a business, and the provinces are nothing more than franchises owned by the IRFU, that exist as professional teams because of the IRFU, to serve the IRFU' plans.
If the provinces fail, like with any business, it is the owners who take the hit, and the responsibility to repair the problem.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
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Re: David Nucifora - 2015/2016
I wouldn't normally agree with you, but I do here. 10,000 at the Zebre game for the only professional team in a European capital with a population of nearly 2 million is fairly pitiful. You'll see the usual excuses rolled out like the timing, opposition etc. But 10,000 is a very poor figure.munster#1 wrote:Given the catchment area, Leinster rugby are doing very poor with getting bums on seats, but massive credit goes to them for turning a profit.blockhead wrote:Up nearly 2200 per RDS Pro12 game on last seasons corresponding fixtures. The big loss was the Saints game, down nearly 6.5K on the fixture from last season.
Massive scope for growth, giving the population within an hour of the stadium.
Re: David Nucifora - 2015/2016
Ouch, this is hurting us on the pitch and having a knock on effect on attendances.rooster wrote: The supposed 500k each didn't come to Leinster or Ulster as it was used for Munster, not sure what happened Connacht but they probably didn't get anything either
I guess Munster had to be bailed out for the good of the game, but it still stings and Leinster and Ulster could have used that money to grow the game too.
Re: David Nucifora - 2015/2016
How do the other capitals do at the start of January?suisse wrote:I wouldn't normally agree with you, but I do here. 10,000 at the Zebre game for the only professional team in a European capital with a population of nearly 2 million is fairly pitiful. You'll see the usual excuses rolled out like the timing, opposition etc. But 10,000 is a very poor figure.munster#1 wrote:Given the catchment area, Leinster rugby are doing very poor with getting bums on seats, but massive credit goes to them for turning a profit.blockhead wrote:Up nearly 2200 per RDS Pro12 game on last seasons corresponding fixtures. The big loss was the Saints game, down nearly 6.5K on the fixture from last season.
Massive scope for growth, giving the population within an hour of the stadium.
Re: David Nucifora - 2015/2016
Given Leinster' location, the goal would have to be to move to the Aviva on a permanent basis.suisse wrote:I wouldn't normally agree with you, but I do here. 10,000 at the Zebre game for the only professional team in a European capital with a population of nearly 2 million is fairly pitiful. You'll see the usual excuses rolled out like the timing, opposition etc. But 10,000 is a very poor figure.munster#1 wrote:Given the catchment area, Leinster rugby are doing very poor with getting bums on seats, but massive credit goes to them for turning a profit.blockhead wrote:Up nearly 2200 per RDS Pro12 game on last seasons corresponding fixtures. The big loss was the Saints game, down nearly 6.5K on the fixture from last season.
Massive scope for growth, giving the population within an hour of the stadium.
Leinster would only require a small percentage of the Dublin population to fill it.
Given the current popularity of rugby, that is not an unrealistic target.
They are definitely underachieving with attracting fans if you calculate attendance based on population within an hour of the ground, the success that Leinster have achieved, and the number of internationals on display.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
- Oldschoolsocks
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Re: David Nucifora - 2015/2016
Marketing staff are currently in training with Garret Fitzgerald's bandwagon building trust, if this pays off I expect us to eventually require two 70,000 seaters to accommodate the 12 county armymunster#1 wrote:Given Leinster' location, the goal would have to be to move to the Aviva on a permanent basis.suisse wrote:I wouldn't normally agree with you, but I do here. 10,000 at the Zebre game for the only professional team in a European capital with a population of nearly 2 million is fairly pitiful. You'll see the usual excuses rolled out like the timing, opposition etc. But 10,000 is a very poor figure.munster#1 wrote: Given the catchment area, Leinster rugby are doing very poor with getting bums on seats, but massive credit goes to them for turning a profit.
Massive scope for growth, giving the population within an hour of the stadium.
Leinster would only require a small percentage of the Dublin population to fill it.
Given the current popularity of rugby, that is not an unrealistic target.
They are definitely underachieving with attracting fans if you calculate attendance based on population within an hour of the ground, the success that Leinster have achieved, and the number of internationals on display.
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Re: David Nucifora - 2015/2016
Ulster got additional funding to try and get team going as we had very few central contract players hence we needed more standard funding, there was also a wage imbalance due to the exchange rate plus the tax refund benefits in ROI at the time which were taken into account at wage negotiations.munster#1 wrote:Browne himself used the words "in the past we have bailed out Ulster."Ruckedtobits wrote:Fairly sure IRFU never bailed out Ulster or Leinster. They gave Ulster a loan to underwrite their S&C training centre in about 2008 but that Loan was repaid on schedule without default.munster#1 wrote:While the witch hunt is ongoing, it is worth noting that the IRFU have bailed out Ulster and Connacht in the past, so Munster are the 3rd team to require assistance.
Rugby is a business, and the provinces are nothing more than franchises owned by the IRFU, that exist as professional teams because of the IRFU, to serve the IRFU' plans.
If the provinces fail, like with any business, it is the owners who take the hit, and the responsibility to repair the problem.
Any loans from IRFU were repaid in full with full commercial interest at the time, in fact it was higher interest than rates available here as I had a loan over 1.5% lower than they paid.
Re: David Nucifora - 2015/2016
Good call by the IRFU, and it paid off.rooster wrote:Ulster got additional funding to try and get team going as we had very few central contract players hence we needed more standard funding, there was also a wage imbalance due to the exchange rate plus the tax refund benefits in ROI at the time which were taken into account at wage negotiations.munster#1 wrote:Browne himself used the words "in the past we have bailed out Ulster."Ruckedtobits wrote:
Fairly sure IRFU never bailed out Ulster or Leinster. They gave Ulster a loan to underwrite their S&C training centre in about 2008 but that Loan was repaid on schedule without default.
Any loans from IRFU were repaid in full with full commercial interest at the time, in fact it was higher interest than rates available here as I had a loan over 1.5% lower than they paid.
just like it did with connacht, and is now doing so with Munster.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
Re: David Nucifora - 2015/2016
Munster is a different situation, inability to keep within a proper budget and repayment plan resulting in a budget cut to Leinster and Ulster with at least Ulster now going to be running at a loss this season due to decrease in expected money from D4munster#1 wrote:Good call by the IRFU, and it paid off.rooster wrote:Ulster got additional funding to try and get team going as we had very few central contract players hence we needed more standard funding, there was also a wage imbalance due to the exchange rate plus the tax refund benefits in ROI at the time which were taken into account at wage negotiations.munster#1 wrote: Browne himself used the words "in the past we have bailed out Ulster."
Any loans from IRFU were repaid in full with full commercial interest at the time, in fact it was higher interest than rates available here as I had a loan over 1.5% lower than they paid.
just like it did with connacht, and is now doing so with Munster.
Re: David Nucifora - 2015/2016
It's no secret that Munster have been running at a loss, just like connacht. But have you any proof to show that that directly effected the finances that Ulster received?
The irfu are running at a fairly healthy profit, so I can't see why they would do that.
The irfu are running at a fairly healthy profit, so I can't see why they would do that.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
Re: David Nucifora - 2015/2016
Indirectly. Munster affected IRFU spending, which affected Ulster and Leinster. That's an indirect but still real affect.munster#1 wrote:It's no secret that Munster have been running at a loss, just like connacht. But have you any proof to show that that directly effected the finances that Ulster received?
The irfu are running at a fairly healthy profit, so I can't see why they would do that.
The figures were stated earlier but given that it's obvious that there's limited funding and that Munster's losses and unserviced debt are a cost for the IRFU then the burden of proof should lie on you to claim other than the logical interpretation.
Connacht's loss was planned and budgeted for and based on decisions taken by the Professional Game Board, not a consequence of a province overreaching.
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- Mullet
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Re: David Nucifora - 2015/2016
The beal bocht bleating on here is pretty funny really. Given their catchment area, the number of players on central contracts, and the help of sugar daddies like Denis O'Brien to pay salaries, Leinster really shouldn't have any money troubles.ronk wrote:Indirectly. Munster affected IRFU spending, which affected Ulster and Leinster. That's an indirect but still real affect.munster#1 wrote:It's no secret that Munster have been running at a loss, just like connacht. But have you any proof to show that that directly effected the finances that Ulster received?
The irfu are running at a fairly healthy profit, so I can't see why they would do that.
The figures were stated earlier but given that it's obvious that there's limited funding and that Munster's losses and unserviced debt are a cost for the IRFU then the burden of proof should lie on you to claim other than the logical interpretation.
Connacht's loss was planned and budgeted for and based on decisions taken by the Professional Game Board, not a consequence of a province overreaching.
Then there's Ulster who, despite getting nearly 15m sterling from the NI government to help pay for the Kingspan, needed, and got, extra funding from the IRFU. I don't see you complaining about that. I wonder why?
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Re: David Nucifora - 2015/2016
Munsterboy wrote:The beal bocht bleating on here is pretty funny really. Given their catchment area, the number of players on central contracts, and the help of sugar daddies like Denis O'Brien to pay salaries, Leinster really shouldn't have any money troubles.ronk wrote:Indirectly. Munster affected IRFU spending, which affected Ulster and Leinster. That's an indirect but still real affect.munster#1 wrote:It's no secret that Munster have been running at a loss, just like connacht. But have you any proof to show that that directly effected the finances that Ulster received?
The irfu are running at a fairly healthy profit, so I can't see why they would do that.
The figures were stated earlier but given that it's obvious that there's limited funding and that Munster's losses and unserviced debt are a cost for the IRFU then the burden of proof should lie on you to claim other than the logical interpretation.
Connacht's loss was planned and budgeted for and based on decisions taken by the Professional Game Board, not a consequence of a province overreaching.
Then there's Ulster who, despite getting nearly 15m sterling from the NI government to help pay for the Kingspan, needed, and got, extra funding from the IRFU. I don't see you complaining about that. I wonder why?
There's this hooker you see, plays for Australia he's said he wants to come home to his native land we can't afford him with you guys shitting the bed down there and getting all of daddy's handouts
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Re: David Nucifora - 2015/2016
The above link would go against your claims. The IRFU actually appear to have provided extra cash for the provinces rather than reduce.BlueBlue wrote:Tom Grace and Philip Browne on Munster depth
http://www.irishtimes.com/sport/rugby/i ... -1.2723985
That is the reason for the question.
Also, if the irfu did not budget for Munster to have a loss last season, then they really should sack their advisors, as it was fairly obvious after the 2 previous seasons that a loss was inevitable.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
Re: David Nucifora - 2015/2016
It is the amount of the loss that is the problem. Provinces have their own in house finance team who send in accounts to the IRFU and predictions on next season ahead, Munsters was way off and badly managed by Munster. IRFU sent down KPMG to see extent and it was worse than Munster were saying. Each province was due to share €2 million pot equally. Due to Munsters problems they now get 55% of pot and all other provinces get 15% each. All provinces are down money they were expecting due to Munsters problems simple as thatmunster#1 wrote:The above link would go against your claims. The IRFU actually appear to have provided extra cash for the provinces rather than reduce.BlueBlue wrote:Tom Grace and Philip Browne on Munster depth
http://www.irishtimes.com/sport/rugby/i ... -1.2723985
That is the reason for the question.
Also, if the irfu did not budget for Munster to have a loss last season, then they really should sack their advisors, as it was fairly obvious after the 2 previous seasons that a loss was inevitable.
Re: David Nucifora - 2015/2016
Thanks Armchair for telling the Turnip what actually happened and that is exactly how I heard it, was approx 500k each donation from Leinster and Ulster budget that headed south West.Armchair wrote:It is the amount of the loss that is the problem. Provinces have their own in house finance team who send in accounts to the IRFU and predictions on next season ahead, Munsters was way off and badly managed by Munster. IRFU sent down KPMG to see extent and it was worse than Munster were saying. Each province was due to share €2 million pot equally. Due to Munsters problems they now get 55% of pot and all other provinces get 15% each. All provinces are down money they were expecting due to Munsters problems simple as thatmunster#1 wrote:The above link would go against your claims. The IRFU actually appear to have provided extra cash for the provinces rather than reduce.BlueBlue wrote:Tom Grace and Philip Browne on Munster depth
http://www.irishtimes.com/sport/rugby/i ... -1.2723985
That is the reason for the question.
Also, if the irfu did not budget for Munster to have a loss last season, then they really should sack their advisors, as it was fairly obvious after the 2 previous seasons that a loss was inevitable.
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Re: David Nucifora - 2015/2016
It was actually more than €500k each, but that's another story. Also, it was PwC who checked the Munster numbers and projections.
BTW, the great hidden offset is National Contracts. Go check out Tommy Bowe's National Contract and when it runs to. The same was true previously for Donnchadh Ryan's National deal. However, to be fair to DR, his performances in Green (and Red) in past 12 months have justified the 4 year deal he got originally, even though he was injured for two of those Seasons.
BTW, the great hidden offset is National Contracts. Go check out Tommy Bowe's National Contract and when it runs to. The same was true previously for Donnchadh Ryan's National deal. However, to be fair to DR, his performances in Green (and Red) in past 12 months have justified the 4 year deal he got originally, even though he was injured for two of those Seasons.
Re: David Nucifora - 2015/2016
No need for the Turnip comment.rooster wrote: Thanks Armchair for telling the Turnip what actually happened and that is exactly how I heard it, was approx 500k each donation from Leinster and Ulster budget that headed south West.
Again, can you provide a link to this information? Is this just something that was heard in the pub from a friend of a friend, because bar internet forums I can not find any comments made in relation to this?
Again, given the health of the irfu finances, I find it strange that held back finances from other provinces, to carry one.
Makes sense if the irfu were running on a tight budget, which isn't the case.
Just because a post upsets you, that doesn’t mean that it is wrong. People have different views in all aspects of life, this is a key ingredient to an interesting conversation.
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Re: David Nucifora - 2015/2016
Ryan and Trimble are the only other central deals up this summer with Heaslip re signedRuckedtobits wrote:It was actually more than €500k each, but that's another story. Also, it was PwC who checked the Munster numbers and projections.
BTW, the great hidden offset is National Contracts. Go check out Tommy Bowe's National Contract and when it runs to. The same was true previously for Donnchadh Ryan's National deal. However, to be fair to DR, his performances in Green (and Red) in past 12 months have justified the 4 year deal he got originally, even though he was injured for two of those Seasons.
a question is does Ryan get another one? probably yes. does he merit one as everyone being fit he doesnt make the 23 and theres only 15 central contracts?
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