How can these monied egotists be so naive and shortsighted. This would result in a chasm. Tier 1. Sugar daddy backed teams spending up to an increased cap. Tier 2. Those that can’t even spend up to the current one.
But, and I did say so months ago now, this IS where it is heading. And maybe a new league. The TV companies would love it. 3 or 4 teams from Ireland. 1 or 2 teams from Scotland, 4 teams from England, 3 or 4 teams from Wales. Slim it up a bit to make it a 12 team league. Ring fenced, no promotion or relegation. Then make regional 'Championship' leagues, for teams with some but little money. Trouble is, the 4 English clubs will have 2-3 times as much money to play with, and will likely dominate any such league, but is that any different to football?
I have, for the time being, gone back to grass roots and pro rugby can go and do one.