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Super League News

Leigh Howlett

Juniors
Messages
661
Absolutely heartbroken right now.

I couldn't believe Wigan taking the shot at penalty goal from 50m out, it cost them the game, missing gave St Helens the impetus, if they had gone for touch they would have been in a handy position to either score a try or at least go for the drop goal, unreal ending to the game that Wigan could have avoided.
 

TDD91

Juniors
Messages
473
Felt it was the wrong decision at the time. If it had been 10 years ago and we still had Pat Richards booming kicks for fun, sure, but Hardaker isn't renowned for his long range kicking. Goal kicks have been Wigan's major flaw since Richards left really.

Oh for a winger who can kick goals for fun, that'd be the perfect signing for next season, but completely unrealistic in a salary capped environment with 2 quality wingers already in the side, but both with injury issues.
 

Dark Corner

Juniors
Messages
1,320
Newcastle get the Championship spot. Good on them, they've done a lot for RL in the North East.
Thats my team so looking forward to away days in York but on the down side I checked the local papers website Evening Chronicle and nothing about in the sport section just f**kin Football with Newcastle, Steve Bruce and even Sunderlandt even a mention of the Newcastle Falcons who are at the moment 2nd in the Rugby Union Premiership.
 

madunit

Super Moderator
Staff member
Messages
62,358
League Express understands that the Super League clubs have turned their backs on the prospect of attracting private equity investment – at least for the time being.

The process of attracting private investment into the game has been a lengthy one, with arguments on both sides about its desirability.

With several Super League clubs edging near to insolvency, the prospect of and investment of around £60 million into the game has been an attractive one for those clubs that lack alternative means of raising finance.

League Express revealed last year that one particular private equity company, Novalpina, had expressed interest and was ready to make an offer.

But, with Super League split broadly down the middle, some clubs are known to have opposed their involvement because it would mean that Novalpina would effectively take control of Super League and would get its money back in five years out of the broadcast income generated by the competition.

Although Super League has yet to confirm the decision, which was made on Friday, League Express understands that its Executive Chairman Robert Elstone (pictured) has now accepted that the proposal is unlikely to gain unanimous support. It is now likely to be put on the backburner, with no guarantee that the proposal will be revived.

But the cost of doing so will be to pay an abort fee to the merchant banker J Rothschild for doing their job of introducing an investor to Super League.

League Express understands that the fee payable to Rothschild will be around £750,000.

Better news for Elstone, however, is that it appears that Sky has increased its offer for a new broadcasting contract, after initially offering £20 million per year. The new offer is thought to be much nearer to £30 million per year.

https://www.totalrl.com/super-league-clubs-reject-private-equity-proposal/
 

Dark Corner

Juniors
Messages
1,320
League Express understands that the Super League clubs have turned their backs on the prospect of attracting private equity investment – at least for the time being.

The process of attracting private investment into the game has been a lengthy one, with arguments on both sides about its desirability.

With several Super League clubs edging near to insolvency, the prospect of and investment of around £60 million into the game has been an attractive one for those clubs that lack alternative means of raising finance.

League Express revealed last year that one particular private equity company, Novalpina, had expressed interest and was ready to make an offer.

But, with Super League split broadly down the middle, some clubs are known to have opposed their involvement because it would mean that Novalpina would effectively take control of Super League and would get its money back in five years out of the broadcast income generated by the competition.

Although Super League has yet to confirm the decision, which was made on Friday, League Express understands that its Executive Chairman Robert Elstone (pictured) has now accepted that the proposal is unlikely to gain unanimous support. It is now likely to be put on the backburner, with no guarantee that the proposal will be revived.

But the cost of doing so will be to pay an abort fee to the merchant banker J Rothschild for doing their job of introducing an investor to Super League.

League Express understands that the fee payable to Rothschild will be around £750,000.

Better news for Elstone, however, is that it appears that Sky has increased its offer for a new broadcasting contract, after initially offering £20 million per year. The new offer is thought to be much nearer to £30 million per year.

https://www.totalrl.com/super-league-clubs-reject-private-equity-proposal/
The Rothschilds yak.
 
Messages
11,354
https://www.rugby-league.com/article/57626/betfred-up-for-the-cups
76565.jpg
 

NSW Manly

Juniors
Messages
39
Rob Elstone has resigned. There was no need to have him in the first place. The RFL should be the only governing body in British RL. Re-name the league to RFL Premiership. No play-offs, we've got the C Cup instead. C Cup Final in July. 5.30pm kick-off.
 

Perth Red

Post Whore
Messages
65,411
Well he came in with lots of bluster and like so many before him achieved nothing! Not sure where the SL goes from here, clubs are in real strife if no crowds again this year, lower tv deal and back to square one with leadership. Worrying times for the English game.

I see even the name has been nicked by soccer for its women’s comp!
 

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