Time to drop London Irish?

[TBM]

Now we have (or least nearly have) a bit of financial backing do we really need to keep London Irish playing at the stadium?

[T.R.O.L.I.]

Didn't they sign a ridiculously long lease (i.e. to 2020 or something like that) last time it was up for renewal?

[Dare to Dr£am]

Didn't they sign a ridiculously long lease (i.e. to 2020 or something like that) last time it was up for renewal?

Yes.

The pitch seems to cope with it very well, so why throw away the extra income?

[ZacNaloen]

^ previous problems with the pitch were due to an infection of some fungus and overzealous use of weed killer.

[Magnus]

^ previous problems with the pitch were due to an infection of some fungus and overzealous use of weed killer.

Pretty embarrasing for the ground staff - was an explanation as to how this happened ever given?

The departure of Gordon Neate was always going to be tough TBF.

[Fox Talbot]

Didn't they sign a ridiculously long lease (i.e. to 2020 or something like that) last time it was up for renewal?

Think it goes to 2026! Profit to RFC is worth 'only' / 'as much as' £0.5m - £0.75m per season depending on whether you are half-full / half-empty-minded.

Fratton Park may soon be available without sitting landlord!

[melonhead]

pitch looks beautiful thi year, no problem with the irish playing- nice extra revenue stream for the club.

[Dare to Dr£am]

Didn't they sign a ridiculously long lease (i.e. to 2020 or something like that) last time it was up for renewal?

Think it goes to 2026! Profit to RFC is worth 'only' / 'as much as' £0.5m - £0.75m per season depending on whether you are half-full / half-empty-minded.

Fratton Park may soon be available without sitting landlord!

So all the more reason for them to continue playing at the Madejski. That money is one very decent players wages at this level, and a not too shabby one at Premier League level.

[TBM]

pitch looks beautiful thi year, no problem with the irish playing- nice extra revenue stream for the club.

If what is said above, then £500k is hardly anything these days

[WoodleyRoyal]

find it hard to believe only making 500k-750k pa, considering they have an average attendance of 15,577 and £300 ish for a ST, plus alcohol and food sales plus club shop plus exec boxes etc. I know not all of this, in fact quite a small amount would actually come to the club... but if the club is only making half a mill then the RFC is being taken for a ride!

[TBM]

find it hard to believe only making 500k-750k pa, considering they have an average attendance of 15,577 and £300 ish for a ST, plus alcohol and food sales plus club shop plus exec boxes etc. I know not all of this, in fact quite a small amount would actually come to the club... but if the club is only making half a mill then the RFC is being taken for a ride!

Unless the 500k is after the loan payment to Mr Mad is paid out etc

[Magnus]

How many rugby games in a season?

If it's 20, and we make £750k a year from them then basically it costs £37.5k a time to hire it out.

Cheap at the price perhaps, but it's an asset sat there otherwise doing nothing.

[melonhead]

pitch looks beautiful thi year, no problem with the irish playing- nice extra revenue stream for the club.

If what is said above, then £500k is hardly anything these days

its a decent players wages for a year.

[paulholsgrove]

Does it say anywhere that reading football club (as a business) own the stadium, and the revenue received from London Irish doesnt go straight to madejski himself?

[TBM]

pitch looks beautiful thi year, no problem with the irish playing- nice extra revenue stream for the club.

If what is said above, then £500k is hardly anything these days

its a decent players wages for a year.

we got rich owners now, we shouldn't have to worry about this

[melonhead]

If what is said above, then £500k is hardly anything these days

its a decent players wages for a year.

we got rich owners now, we shouldn't have to worry about this

you dont get rich by throwing half a million quid a year away

[melonhead]

Does it say anywhere that reading football club (as a business) own the stadium, and the revenue received from London Irish doesnt go straight to madejski himself?

yes

[TBM]

you dont get rich by throwing half a million quid a year away

Look, i just dont like egg chasing...........and when i have to go B&Q and its on, it fcuking annoys the hell out of me

[melonhead]

unlucky.

[TBM]

Although tbf, if i had said we should keep the egg chasing, then you would be on here arguing that they should go