No, it backs up what a lot of people have said, what's the point of having money people involved in the club when you can't spend it how you want?

The money can be used to build up the club and infrastructures rather than thrown at players.



The former is healthier for the game long term than the latter. Once clubs have built a profitable platform to work from, the cap can be addressed. At the moment we still have more clubs making losses than not and raising the cap will only make that worse.



We also have the most exciting and even competition in years in my opinion, every year the cap kicks in that little bit more, with some very big crowds flocking to see the salary capped players. Only the real basket cases like Quins and Salford aren't able to compete. Catalans too, but that is more down to injuries and poor coaching than the club's resources.

Because you get clubs like yours spending what they've not got and almost going bankrupt... just to keepup/stay ahead of the game.



Sad but true , clubs simply cant be trusted to manage there own finances.

Who knew St Helens could produce so many financial geniuses?

I remember talking the Eamon and getting the impression that running a rugby club was not as fun as he had hoped. While also getting the impression that if he could do it all over again he probably wouldn't. I imagine that some of these board members could one day become the major share holder. But not before Eamon has increased the value of the club by getting us into a new stadium. This will recuperate the money he has invested (and a bit more) while providing St.Helens with a finacially stable rugby club. Good all round.

I remember talking the Eamon and getting the impression that running a rugby club was not as fun as he had hoped. While also getting the impression that if he could do it all over again he probably wouldn't. I imagine that some of these board members could one day become the major share holder. But not before Eamon has increased the value of the club by getting us into a new stadium. This will recuperate the money he has invested (and a bit more) while providing St.Helens with a finacially stable rugby club. Good all round.