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France’s cash crisis must be heeded say Tigers

By NEALE HARVEY
LEICESTER chief executive Simon Cohen believes the on-off merger fiasco with Top 14 outfits Stade Francais and Racing 92 must act as a “significant warning” to Premiership owners seeking to lift the English salary cap.
Despite annual central revenues worth twice that of Premiership clubs – around £78m to £38m – French top-flight teams like Stade Francais, Grenoble and Bayonne are in financial meltdown.
Recent Heineken Cup finalists Biarritz and Perpignan languish in the second division due to vast overspending on player wages, while all is...

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