Munster Team Talk/Gossip/Rumours Thread.

Spudmonkey · 11-04-2012 03:52PM

phog wrote: »

Munster rugby have tweeted

one man and his dog will be there :mad:

I was thinking of heading down but that rules me out.

FFS!

marienbad · 11-04-2012 04:22PM

phog wrote: »

Munster rugby have tweeted

one man and his dog will be there :mad:

How much for the dog ?

durkadurka · 11-04-2012 04:28PM

Thats crap timing - you might have got 5k if it was at the right time, and on a saturday. 5.30 on a Friday is beyond crap.

You'll only get the absolutely devoted and the locals.

irishbucsfan · 11-04-2012 04:33PM

Hopefully any sky tv money will make up for lost revenue? Saturday game was never a possibility I'm sure given the weekend its on.

Looking forward to it though, would like to see Munster win it.

ormond lad · 11-04-2012 04:52PM

A Munster U19 Selection will take on this year's Munster Schools Senior Cup Winners, Rockwell College in a charity match this Friday 13th of April, at Cashel RFC, kick-off 6pm. All proceeds from the night are in aid of the South Tipperary Hospice.

This is the first of two games that the Munster u19 squad will take part in over the coming week. They will also face Dublin side Old Wesley on Friday 20th of April.
Management and coaches will, off the back of these two games pick a final squad of 26 to begin training in July for the interpro season which will commence in September. It is hoped that this charity game will become an annual event, with the Munster u19 side taking on the Munster Senior Schools Cup winners each year.
The Munster u20 squad are also continuing their pre-season training. They play a UCC Selection tonight at The Mardyke, kick-off 7.30pm.
http://www.munsterrugby.ie/domestic/news/10362.php

thomond2006 · 11-04-2012 05:22PM

Ridiculous timing for that match.

padser · 11-04-2012 05:53PM

Amazotheamazing wrote: »

Yeah but we're seeing the consequences now to some degree I think. We probably broke the bank to pay for Botha and Howlett, I doubt we can afford a Nonu level signing as well.

But in a few years it'll be all gravy.

Love it - straight out of the Leeds utd book of club management......

jm08 · 11-04-2012 06:04PM

padser wrote: »

Love it - straight out of the Leeds utd book of club management......

how so? Munster has fixed assets like a 26K stadium that they will have paid off for in a few years. I think they were probably too ambitious with their repayments to the IRFU. They borrowed 15m from the IRFU in 2008 and they had nearly 1/3 of it paid off in a year as well as having to source/provide the other 25m to finance a 40m stadium.

With regard to repayment, it would seem to me they got sense and decided to take the full time to pay it back, now that there is a major recession and Limerick is one of the places with huge unemployment.

Howlett might have been a bit of a luxury, but Botha isn't.

Amazotheamazing · 11-04-2012 06:10PM

padser wrote: »

Love it - straight out of the Leeds utd book of club management......

Not really, as pointed out, we'll have a massive asset in a few years.

durkadurka · 11-04-2012 06:50PM

He decided that POM was Ireland's next great 7 after what, two or three games in the shirt against mostly Italian teams iirc?

phog · 11-04-2012 08:46PM

irishbucsfan wrote: »

Hopefully any sky tv money will make up for lost revenue? Saturday game was never a possibility I'm sure given the weekend its on.

Looking forward to it though, would like to see Munster win it.

But why does Sky want to broadcast a game with no supporters? They really needed to consider the timing to try and get a couple of thousand in there.

phog · 11-04-2012 08:54PM

leftleg wrote: »

It remains to be seen if they will actually make the step up or just end being a team of Billy Hollands.

Eh didn't Munster just post a deficit this year; How the Fuk could Thomand be close to being paid off already. I would have thought your being overly positive in that front. Correct me if i'm wrong though.

But they have 2.5 million in savings and even with the recession our support is holding up, probably going to be down about 30,000 from last year but we had the ML Final last year and that revenue probably went to the competition organisers.

Currently, our home support it about 100k more than Ulsters and running about 85K behind Leinsters who have the advantage of using ther Aviva a few times each year.

Amazotheamazing · 11-04-2012 08:54PM

durkadurka wrote: »

He decided that POM was Ireland's next great 7 after what, two or three games in the shirt against mostly Italian teams iirc?

Tbf to POM, he's been a top prospect all through schools, captain of the u20's etc. He's been on the radar for quite some time.

durkadurka · 11-04-2012 10:43PM

Amazotheamazing wrote: »

Tbf to POM, he's been a top prospect all through schools, captain of the u20's etc. He's been on the radar for quite some time.

Maybe so but do you think Hook is aware of that? Has he been to these underage games etc?
My reading of him is that he was out to get heaslip and made POM out to be the replacement based on very thin evidence. I've nothing against POM - great looking player.

Amazotheamazing · 11-04-2012 11:26PM

durkadurka wrote: »

Maybe so but do you think Hook is aware of that? Has he been to these underage games etc?
My reading of him is that he was out to get heaslip and made POM out to be the replacement based on very thin evidence. I've nothing against POM - great looking player.

We all know Tommy O'Donnell is the most handsome-est backrow in Ireland, oh you meant as a player, fair enough.

I'd say Hook couldn't be as ignorant as he lets on. At the end of it all he loves rugby and played and coached for long enough. I think he fills a certain role and while I find him tiresome I think he's been around long enough to have seen a lot of players come and go and maybe he's able to draw more valid comparisons than we can. Most of us compare Heaslip to guys currently playing or guys just finished playing, he's probably comparing him to guys from the 80's and 70's we're only vaguely aware of.

Like how in 20 years time we'll be telling our kids that Hubert O'Gara is tough tackling flanker but nothing like the Godlike genius that (let's say) Eric Miller was.

jm08 · 12-04-2012 12:13AM

durkadurka wrote: »

He decided that POM was Ireland's next great 7 after what, two or three games in the shirt against mostly Italian teams iirc?

Probably heard it on Sky. I recall Sky waffling on about POM just before he made his heineken cup debut at 6. Barnes said he had been talking to Alan Quinlan the night before about him and Quinlan told him then that POM was a great prospect, but he was more a 7 than a 6.

jacothelad · 12-04-2012 04:37PM

Amazotheamazing wrote: »

Not really, as pointed out, we'll have a massive asset in a few years.

Thomond is a great stadium but it isn't really a financial asset. You can't really sell it to raise dosh for example or borrow money against it. There wouldn't be a 'market' for it.

phog · 12-04-2012 05:30PM

jacothelad wrote: »

Thomond is a great stadium but it isn't really a financial asset. You can't really sell it to raise dosh for example or borrow money against it. There wouldn't be a 'market' for it.

What he probably meant was that once the loans are paid off, deduct the running costs and some few quid put away for further capital/maintenence work then it's all profit.

Aside from Munster/Irish rugby, the stadium has already hosted soccer, rugby league and concerts, the conference rooms/suites seem to be busy on a weekly basis and iirc, there's plans to host a game if not more in the RL W/Cup next year.

durkadurka · 12-04-2012 07:30PM

What it really means is that the cash that is currently used to pay interest and capital will in a few years be available to invest in the squad /coaches/facilities/ whatever is deemed necessary. It's an asset in that there won't be rent to pay- unlike Leinster.

gally74 · 12-04-2012 07:39PM

Folks read the Irfu annual report

The Irfu own the ground, Munster owe the I r f u 30 million

danthefan · 12-04-2012 08:43PM

Was just going to say that, Munster certainly won't be the only stakeholder in Thomond even when paid off.

CIARAN_BOYLE · 12-04-2012 08:50PM

gally74 wrote: »

Folks read the Irfu annual report

The Irfu own the ground, Munster owe the I r f u 30 million

Read it yourself its more like 10 million but yeah the IRFU are still part owners of thomond

jm08 · 12-04-2012 09:16PM

CIARAN_BOYLE wrote: »

Read it yourself its more like 10 million but yeah the IRFU are still part owners of thomond

A stadium company own thomond park (Thomond Park Stadium Ltd or something like that . The shareholders in that company are Munster Rugby & the irfu.When the outstanding loan is paid back (about . 10m), ownership of the stadium* reverts back to Munster Rugby.

*buildings and stuff over ground. There is a ground rent payable to the irfu by the stadium company (think its about 5K a year - its in irfu annual report).

same with Lansdowne Road - The FAI & IRFU jointly own what is above ground (through a Stadium Comp) but the irfu own the ground. The stadium company pay about €1m a year to the IRFU ground rent.

phog · 12-04-2012 09:17PM

danthefan wrote: »

Was just going to say that, Munster certainly won't be the only stakeholder in Thomond even when paid off.

No they're not, but whatever revenue they're using to pay back the loan will surely be Munster's revenue once the loan is repaid. Would you not agree it's still an assest to Munster Rugby.

CIARAN_BOYLE · 12-04-2012 09:23PM

jm08 wrote: »

A stadium company own thomond park (Thomond Park Stadium Ltd or something like that . The shareholders in that company are Munster Rugby & the irfu.When the outstanding loan is paid back (about . 10m), ownership of the stadium* reverts back to Munster Rugby.

*buildings and stuff over ground. There is a ground rent payable to the irfu by the stadium company (think its about 5K a year - its in irfu annual report).

Thanks you are right. I thought the option to acquire the ground was actually an option to acquire the IRFU's share in Thomond Park Stadium holdings its not.

danthefan · 12-04-2012 09:23PM

phog wrote: »

No they're not, but whatever revenue they're using to pay back the loan will surely be Munster's revenue once the loan is repaid. Would you not agree it's still an assest to Munster Rugby.

I would.

jm08 · 12-04-2012 09:26PM

danthefan wrote: »

Was just going to say that, Munster certainly won't be the only stakeholder in Thomond even when paid off.

No they wont - i'd imagine Limerick co council, shannon dev - anyone else who contributed public funding to building it will remain stakeholders (and probably have rep. on the stadium board. But the IRFU will be bought out (thats if munster repay the 10m of course).

totallegend · 12-04-2012 09:31PM

phog wrote: »

danthefan wrote: »

Was just going to say that, Munster certainly won't be the only stakeholder in Thomond even when paid off.

No they're not, but whatever revenue they're using to pay back the loan will surely be Munster's revenue once the loan is repaid. Would you not agree it's still an assest to Munster Rugby.

An asset is anything that has value or can create profit, doesn't necessarily have to be a commodity that can be sold.

If Munster can rent it out for concerts and so forth and plough that money into the team, that can only be good. Does it have conference facilities or anything like that? Only problem is I presume their repayment schedule is based on an assumption of a certain level of success...

danthefan · 12-04-2012 09:34PM

totallegend wrote: »

An asset is anything that has value or can create profit, doesn't necessarily have to be a commodity that can be sold.

If Munster can rent it out for concerts and so forth and plough that money into the team, that can only be good. Does it have conference facilities or anything like that? Only problem is I presume their repayment schedule is based on an assumption of a certain level of success...

It has function rooms of some sort for sure, not sure of size or exactly what they can be used for.

durkadurka · 12-04-2012 09:34PM

I would be surprised if they were budgeting for a home qf every year.

Munster Team Talk/Gossip/Rumours Thread.

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