Edward Morello

Yes. Even with the renegotiation and the favourable terms that the Government have provided, they are creating a long-lasting problem for both Prem and Championship clubs. I suspect that, if 21% of premiership football clubs had collapsed inside 18 months, there would be widespread calls for a national inquiry. Collectively, Prem rugby clubs carry £300 million of debt, and often rely on the generosity of wealthy owners to remain afloat. We must acknowledge that reality, but we should not respond with pessimism; instead, we should focus on building a sustainable future. I welcome the Prem’s road map to becoming financially stable and ultimately self-sustaining. When that happens, the professional game will be able to support the wider rugby ecosystem, funding development pathways, supporting lower leagues and strengthening grassroots rugby. As we have discussed, at the moment the gap between the Prem and the Champ is just too wide. Promotion and relegation have long been a romantic part of British sport: they represent the idea that any club with enough determination and talent can climb to the top; they add jeopardy and excitement, and I wholeheartedly support them. But that system can only work if the financial foundations of the sport are strong enough to support it. The last team to be relegated was Saracens in 2020. The last team to be successful after promotion was Exeter Chiefs. Investors must have confidence that clubs can remain viable whether they are in the Prem or in the Champ. Countries such as France have demonstrated that that is possible. The current choice for professional rugby in England is between ringfencing the Prem, attracting investment and building for the future, or persisting as we are, which risks losing the professional game and clubs forever, because at the moment we do not have the investment, the viewership or the money to keep it afloat.