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Ulster's Money

Posted: Thu Jun 05, 2014 5:48 pm
by kingofthehill
New stadium name.
Home QF thought to have brought in 1 million by itself.
Muller gone.
Afoa gone.
Paddy Wallace gone (possibly Irish paid contract).
1F gone (possibly Irish paid contract).
ATC gone (possibly Irish paid contract).
JP contracted on IRFU contract as of October.






New stadium paid for.
FVDM
LL
Herbst
IHumph
Ryan
Murphy


These guys will not be on big money.

We are striving to be the best team in the world.

Where is all the investment going?

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:01 pm
by pip14
Finding a Replacement for Anscombe?

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:02 pm
by Dave
Was thinking something similar, that we must have less outgoing costs with a lower wage bill. I would have thought that the new stadium would have more running costs but I reckon that ticket price will reflect that.

I'm hoping that we will see further investment in the academy, with more places perhaps. Better contracts for decent squad players to encourage them to stay and create greater SID. I heard somewhere, probably on here, that we gambled a bit on success with investment in Afoa/Muller/Pienaar etc. in that we might win something and it would pay off. Perhaps we are just leveling out and creating a sustainable platform now to build a squad that will be more adaptable to injury.

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:06 pm
by Snipe Watson
kingofthehill wrote: Where is all the investment going?
I would hope some at least is going to grass roots and some going to development of the academy and an IQ flanker or two. That and what Pip says............

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:08 pm
by Russ
Hopefully the academy

Anscombe Out

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:17 pm
by scrum5
Agreed Russ but what will all the glory hunters and the buying success brigade do.....or maybe they could build another stadium in Fermanagh and play 4 games a season in it to spread the brand.... :stir:

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:25 pm
by Russ
scrum5 wrote:Agreed Russ but what will all the glory hunters and the buying success brigade do.....or maybe they could build another stadium in Fermanagh and play 4 games a season in it to spread the brand.... :stir:
Some chube on bakebook wrote

"Wouldn't see that at musgrave"

In response to UR selling their naming rights

Was about to educate him on the fact that Munter and Musgrave in particular are jot investable commodities

Anscombe Out

Re: Ulster's Money

Posted: Thu Jun 05, 2014 6:50 pm
by Kofi Annan
CEO said, that the business model on new stadium was based on an average gate of 8k and we would be in profit. Anything above that was a bonus. So either figures are wrong or we have a big war chest. With what we currently have have as a team are we going to be as successful next year I hope So but not convinced we should be splashing the cash, as I am not that excited by what we are bringing in

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:13 pm
by RuPi
People are saying invest in the academy, how exactly would you want any investment spent on the academy?

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:20 pm
by Russ
RuPi wrote:People are saying invest in the academy, how exactly would you want any investment spent on the academy?
How does any academy function?

Anscombe Out

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:22 pm
by Dave
RuPi wrote:People are saying invest in the academy, how exactly would you want any investment spent on the academy?
More places I would say. Give the likes of Chris Taylor a spot. This might not break the bank and would give players every chance to progress.

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:24 pm
by scrum5
pip14 wrote:Finding a Replacement for Anscombe?
Well there's a fiver of the budget away.....

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:26 pm
by therealspratt
Well the Ferris cloning program which we're starting in conjunction with Queen's Biology Department'll take up a fair chunk...

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:38 pm
by Lurgan Lad
Have been thinking about what's going to be done with the money for a while myself. Apparently we have been profitable the past few years, with reduced salary costs and increased revenue (both of which I think are gimmes, think even our senior squad numbers are down) then we should have a good bit of money to play with. Academy players aren't even paid that much as far as I can remember, so adding say 6 players wouldn't be that costly.
I could easily get this confused but when we talk about Ulster's money is this for both the professional team and development of the game across the province? If so I would like Ulster to spend the money on long term growth of the game, through improved facilities at clubs, improving coaching at all levels, stuff like that.

Re: Ulster's Money

Posted: Thu Jun 05, 2014 7:46 pm
by BR
therealspratt wrote:Well the Ferris cloning program which we're starting in conjunction with Queen's Biology Department'll take up a fair chunk...
I think you'll find it's the FFFFFFerris cloning programme.

Re: income. Anybody hearing any numbers with the Kingspan deal? 10 years but I'm not seeing a price. My previous info was Kingspan were NOT offering the silly money that some were suggesting.

As for our friends in Cork, who'd want to be sponsored by a cash and carry?