Nationality British Occupation Solicitor. Nationality British Occupation Commercial Director. Nationality British Occupation Merchant.
Nationality British Occupation Chartered Surveyor. Nationality British Occupation Company Director. The gulf between the Premiership and what we pay our players, and the Championship, is enormous, and the result of the past few months is that it will have got even wider. The biggest issue in the Premiership has to be the losses run up by the clubs — can he foresee a situation where the league can be profitable? Salaries have been out of control for a while, and Coronavirus simply exposed that.
Alongside that there are things we need to do locally: improve the matchday experience for fans, which will drive up attendances, drive additional conference revenue, and so on. You will have seen that a number of our players have recently signed extended contracts, including Santi Socino today, so the players we have are clearly looking forward to an exciting future here too. Keep your eyes peeled on our SoMe channels tomorrow afternoon for more good news.
We do believe, however, that there are still one or two positions where we can further strengthen our squad, and we are focusing our recruitment activity on those positions. For the next couple of weeks, however, our focus turns to the Champions Cup. We drew La Rochelle, who we play at Kingsholm on Friday, in the first knockout round, and should we be successful in that game then we will face the winners of the game between Scarlets and Sale in the quarter final.
That game would also be at Kingsholm. The good news, however, is that we do hope to be able to welcome 4, fans back into Kingsholm for our home games against London Irish and Bath in May and June. We expect a return to normal crowds for the start of next season. I do want to take this opportunity to thank all the sponsors and business partners who have stood by us through these difficulties.
Their support has been amazing, and hugely appreciated. The club formed a private limited company in and struggled financially. Tom Walkinshaw decided to bring the club into his portfolio. He bought a majority shareholding in the club in Walkinshaw also got involved in solving the early teething problems of the first professional league in England.
The other professional club owners appointed him as Chairman of Premiership Rugby in During his four-year tenure, he steered the somewhat chaotic league toward financial stability. That included introducing the salary cap. Walkinshaw stepped down as chairman in At this time, his other sporting interests were experiencing financial disaster.
Their debts grew and former partners entered litigation to recover their investments. Would their club be sold as part of the debt recovery? But Walkinshaw publically assured supporters that the club was ring-fenced from the rest of his business interests.
Many found this difficult to believe. But it turned out that Walkinshaw had executed a neat maneuver that allowed Gloucester Rugby to sidestep the receivers. The Guardian newspaper uncovered the details in They looked at the ownership chain of the limited company that owned Gloucester Rugby. Of course, they expected Walkinshaw to be the majority shareholder.
What they found was that the shares had been transferred to an obscure Hertford accountant and his personal assistant.
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