All the clubs bar one are losing money, and the one that isn't is lying about it.
How long can that go on for?
Tickets are pretty pricey across the game compared to Wales- it was not long a go I could get an entire Ospreys season ticket for the price of 3 Wasps games at the price we normally play (admittedly that is apple v orange as when going to fewer games I am inclined to pay more). Wasps are not the most expensive English club, either. I can't see the gap being plugged by sales of beer or seats, it has to be TV money and as athletics has found, broadcasters don't always offer more each contract renewal. So that is key, how much money can be extracted from broadcasters. I am glad they are doing what they have done, but I would not be surprised if there were clubs destined to go the way of Richmond, London Welsh, Celtic Warriors etc.
I would not be unhappy if we did not have a marquee and others did, but I think issues go deeper.