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£500m debt could bury 13-club cartel

NICK CAIN
READ HIS EXPERT OPINION EVERY WEEK

If Premiership owners had made the same mistakes in the multi-million pound enterprises that put them on the UK’s “Rich List” that they have made in the management of their rugby clubs, they would be sweeping the factory floor by now.
We have known for years that the cardinal error Premiership owners have made is in allowing a level of wage inflation for players, coaches, and administrators which has been unsustainable in terms of getting anywhere near balancing the books.
Now, with the 2022-23 season kicking off, there is a reckoning in the sh...

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