assfly wrote: Fri Mar 25, 2022 9:37 am
I wonder what the financials of the Cheetahs are like. Between dropping out of the Pro16 and the effects of Covid, it's amazing they've survived this long.
It's amazing that they are still afloat and haven't gone the EP, SWD, Border route. Even WP with all its loyal fanbase couldn't stay financially viable, so the Cheetahs have actually done remarkably well.
And this isn't a new thing. The Cheetahs have been cash strapped since forever, it's the reason Jaques Nienaber (who was the team physio) had to learn some defense coaching as they couldn't afford a dedicated defensive coach when Rassie was head coach in the early 2000s. All the support staff had to "double up" on duties and gain some expertise as attack, defense or conditioning coaches.
And a lot of this stems from the abomination that was "The Cats" where the Cheetahs union and the Lions union had to share their Super 12 earnings and gates between 2 major unions, while the Sharks, WP and Bulls pretty much took their whole gate into their war chests. I don't think it can be understated how much it cripples a union when they get excluded from such a premier tournament. When the Lions got booted to make space for the Cheetahs and Kings in the Super 14 they almost went bankrupt waiting on the sidelines, and then when they were promoted back and the Kings were relegated, the Kings went into administration almost immediately.
The 14 Union amateur structure that SARU has has been our Achilles' Heel since the advent of professionalism. We should have done a proper structural reform in 1996 with 6 Professional franchises and carving up the remaining territory into semi-pro feeder areas, but there was just too much legacy and history and tradition and ego and pride to make that hard call.
So here we are 25 years later with 4 major teams, 2 relatively cash flush, 2 struggling financially and the the remainder relegated to second tiered competitions struggling to scrape by, get sponsors and stay out of administration.