BackRoomRummermill
Well-Known Member
Oh dear we could be stuffed after all
Stayed away from this the other day, but was a little surprised to see the question being dismissed by some.
Stock markets tanking, talk of schools closing for two months (sweet Jesus), six nations / serie a matches off, there’s even talk of cancelling the olympics.
I can easily see a scenario where matches are unable to be played (in front of fans). Nobody worried?
Stayed away from this the other day, but was a little surprised to see the question being dismissed by some.
Stock markets tanking, talk of schools closing for two months (sweet Jesus), six nations / serie a matches off, there’s even talk of cancelling the olympics.
I can easily see a scenario where matches are unable to be played (in front of fans). Nobody worried?
There are lots of concerns for sure and no idea what their rules are for such a scenario. Like you say the lack of revenue could be a killer for some clubs.Wouldn't be at all surprised, but curious how the EFL etc would deal with it, if a season remained incomplete. Owners suing if they feel their club has been adversely affected? Presumably the leagues have some rules in place that cover this sort of thing (apologies if already covered elsewhere? Some clubs could go under if wages have to be paid, but no income?
Yeah once it was spreading in Italy with no known source, the game was up in Europe. Containment is the intention. That means closing things...Didn’t think it would get quite as bad in Europe, but it’s certainly got to a worrying point now. I work in Hong Kong and my school’s been closed since about Jan 25th. The Government’s just extended that till Apr 20th. No guarantee that’ll be the end of it. So at least 3 months. They’ve also cancelled the Football 7’s and Rugby 7’s that they have every year. They’re being ultra cautious, which seems to be working here, so I wouldn’t be surprised if places elsewhere follow suit.
Apart from the Schengen Group borders of course......Yeah once it was spreading in Italy with no known source, the game was up in Europe. Containment is the intention. That means closing things...
I think they do know the source now.... it’s a corporate hospitality chauffeur who caught it off a Chinese business man and the pattern of spread matches his pick ups across northern Italy..... so says my better half who spends her working life in the high echelons of the corporate world in Italy and Switzerland. I’ve not seen it reported.Yeah once it was spreading in Italy with no known source, the game was up in Europe. Containment is the intention. That means closing things...
Hindsight. Wonderful.Stayed away from this the other day, but was a little surprised to see the question being dismissed by some.
Stock markets tanking, talk of schools closing for two months (sweet Jesus), six nations / serie a matches off, there’s even talk of cancelling the olympics.
I can easily see a scenario where matches are unable to be played (in front of fans). Nobody worried?
SISU and Wasps are making every effort to comply.Stayed away from this the other day, but was a little surprised to see the question being dismissed by some.
Stock markets tanking, talk of schools closing for two months (sweet Jesus), six nations / serie a matches off, there’s even talk of cancelling the olympics.
I can easily see a scenario where matches are unable to be played (in front of fans). Nobody worried?
Not sure I follow. Isn’t hindsight looking back after an event with the benefit of knowing what happened? Thought we were talking about what might happen in the future...Hindsight. Wonderful.
Clubs wont go to the wall.There are lots of concerns for sure and no idea what their rules are for such a scenario. Like you say the lack of revenue could be a killer for some clubs.
Don’t suppose anyone knows the answers at the moment.
YesClubs wont go to the wall.
There will be insurance to cover things like this. It's called Force Majeure.
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For reference that would equate to 9k death's in Coventry if we let it rip.Coronavirus Update (Live): 83,387 Cases and 2,859 Deaths from COVID-19 Wuhan China Virus Outbreak - Worldometer
Well, at HT the Recovered are hammering the Deaths. I can't see the Deaths coming back from this one.
Although...Clubs wont go to the wall.
There will be insurance to cover things like this. It's called Force Majeure.
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Stats are variable although of those infected it is 4 times more likely a person would compared to flu.For reference that would equate to 9k death's in Coventry if we let it rip.
You have way more knowledge of it than me then, I’m just using google, which suggests that it isn’t clear whether companies are covered for losses. Seems to suggest it depends very much on the policy wording and type of cover.I can only speak from personal experience. I deal with F1 teams and Formula E teams who have had to cancel contracts due to the postponements of the F1 and FE races in China. They'll be covered with FM clauses in contracts. The hotel industry will take a hit in lost revenue but will have policies in place to help mitigate some of the losses.
That was the radio 4 discussion they don’t know why it’s not a usual u shape curve. The experts I mean.Stats are variable although of those infected it is 4 times more likely a person would compared to flu.
Coronavirus Age, Sex, Demographics (COVID-19) - Worldometer
COVID-19 Fatality Rate by AGE:
*Death Rate = (number of deaths / number of cases) = probability of dying if infected by the virus (%). This probability differs depending on the age group. The percentage shown below does NOT represent in any way the share of deaths by age group. Rather, it represents, for a person in a given age group, the risk of dying if infected with COVID-19.
AGE
DEATH RATE*
80+ years old
14.8%
70-79 years old
8.0%
60-69 years old
3.6%
50-59 years old
1.3%
40-49 years old
0.4%
30-39 years old
0.2%
20-29 years old
0.2%
10-19 years old
0.2%
0-9 years old
no fatalities
You have way more knowledge of it than me then, I’m just using google, which suggests that it isn’t clear whether companies are covered for losses. Seems to suggest it depends very much on the policy wording and type of cover.
Whilst some may have some form of cover presumably not all will and the cover won’t be 100%, so there’s bound to be some impact.
I’m not arguing, just trying to understand the implications of all this!
The longer uk cases remain relatively low the better. Let’s hope you’re right and the impact is minimal.Yeah agreed mate and I knew you weren't arguing
I think it will defo affect a lot of companies in a lot of industries. I know that my company has shut 150 hotels in China for the time being. That will have an impact no doubt, even with insurance policies in place.
I think the whole thing will get worse over the next month and then start to taper off like SARS whenever that was. I don't think it'll affect our season though...potentially some games behind closed doors if it really gets worse here in the UK but with just 15 cases so far in the UK, I cannot see any other disruption.
Stats are variable although of those infected it is 4 times more likely a person would compared to flu.
Coronavirus Age, Sex, Demographics (COVID-19) - Worldometer
COVID-19 Fatality Rate by AGE:
*Death Rate = (number of deaths / number of cases) = probability of dying if infected by the virus (%). This probability differs depending on the age group. The percentage shown below does NOT represent in any way the share of deaths by age group. Rather, it represents, for a person in a given age group, the risk of dying if infected with COVID-19.
AGE
DEATH RATE*
80+ years old
14.8%
70-79 years old
8.0%
60-69 years old
3.6%
50-59 years old
1.3%
40-49 years old
0.4%
30-39 years old
0.2%
20-29 years old
0.2%
10-19 years old
0.2%
0-9 years old
no fatalities
Reminds me of one of my favourite series from the 70s...
Written by Terry Nation who created Dr Who.
I loved that series.
That's massively loaded by a high mortality rate in those aged 80+. For the vast majority of people it's no more deadly than normal flu.It is much more than 4 x the mortality rate of flu isn't it? Flu is about 0.05 to 0.1% as opposed to 2%+.
With the stock markets plunging could this have an effect on SISUs wealth capital?
It is much more than 4 x the mortality rate of flu isn't it? Flu is about 0.05 to 0.1% as opposed to 2%+.
That's massively loaded by a high mortality rate in those aged 80+. For the vast majority of people it's no more deadly than normal flu.