As I understand it not having a P Share does not proclude you from the Premiership but it does exclude you from TV etc funding.
Doesn?t the whole P share thing fall away once the term of the CVC investment ends?
If it doesn?t then the Prem won?t (shouldn?t) have the right to negotiate deals on behalf of any team that doesn?t get their share of television rights for the games they appear in.
P Share was there before CVC. Exeter had to buy one off of Yorkshire Carnegie I think. CVC involvement just means the Premiership get 27% less of the TV money. I must admit I do not see CVC earning their over a quarter share by expanding the game!!
Thanks.
So any promoted club needs to have either access to someone else's P shares or be able to buy a proportion off each of the other shareholders in order to compete on a level playing field?
If the other clubs don't agree to that sale what happens next? Either no promotion or the scenario I outlined about TV money?
I beginning to think we need a sugar daddy league where they can do what they like with wage caps etc and which they can ring fence if they want, but no bail outs or other money from the RFU, and then for what is now the Championship to become the top of a meritocratic pyramid.
Lots of things to be ironed out ref England players, but frankly given the way the EAs' players act with all that hollering and hooping I'd be happy for the RFU to say they're only picking for the meritocrat structure if push came to shove.
About the new league, this is what I suggested on another thread.
The league can be closed and based on a similar concept where entry to the league is based on an application process. If your application is accepted you are invited to join. This could be marketed as a "Super League" style league.
You then have the Premiership below that which is everyone else. Better representation across the leagues and broadcasting can be done better with a PRTV style subscription - and can either be bought as a full package (showing all games) or you buy a club pack which is for your club of choice.
Always a Wasp