'A line in the sand moment': Premiership's troubles laid bare by report | Robert Kitson

Yesterday at 03:00 AM

Seven of the 10 Premiership clubs are balance sheet insolvent but all of rugby must change, says James Haskell

Rarely has the gap between how rugby would like to be perceived and the unvarnished reality felt wider than it did on a grey midweek lunchtime in the City of London. The Honourable Artillery Company – "Turn right just past the cannon, sir" – remains a seriously valuable piece of real estate which made it an interesting choice of venue from which to launch a coruscating critique of the financial state of English club rugby.

It was certainly instructive to sit among seated rows of money men and lawyers listening to assorted experts, academics and – boom, tish! – the former England flanker James Haskell assessing the findings of a newly published independent report into the health of the Premiership's finances. Interrupted only by the occasional chiming of a splendid grandfather clock, it was the most contemporary of debates in the most old school of settings.