Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Saturday 17 January 2026 2:00 pm  |  Updated:  Thursday 22 January 2026 12:04 pm

The Jenga Effect: Why professional rugby’s collapse has already happened

By: Michael Fealey

Sport Systems Consultant

Add as a preferred source on Google
GettyImages 2197125259 showcases a significant moment in recent news, highlighting a relevant business or general event.
Professional rugby is not approaching collapse; it has already happened

Professional rugby is not approaching collapse; it is recognising one that already occurred and mistaking that recognition for failure.

What we are watching across leagues, unions and competitions is not chaos, bad luck or incompetence finally catching up, but the delayed visibility of a structural outcome that was locked in years ago. What feels sudden is not failure itself, but realisation.

The clearest way to understand this is not through balance sheets or governance jargon, but through a simple and precise game mechanic: Jenga.

Jenga is a two-player game, and that detail matters. One player removes a block and attempts to place it on top, while the other player’s turn has already ended. If the tower collapses during the removal or placement, the player who made that move loses. The other player is said to “win” only because the collapse did not occur on their turn.

Crucially, the collapse does not belong to the final hand. It belongs to the structure that made collapse unavoidable. The last move merely reveals what was already true.

Professional rugby on the slide?

Over the past three decades, professional rugby has systematically removed load-bearing support from its domestic foundations. Value has been extracted upward, costs fixed downward, revenue control centralised, subsidy normalised as “support”, and instability repeatedly reframed as reform. Each move appeared rational in isolation, and none looked catastrophic at the time. Just like Jenga, the wobble never appeared where the block was removed, so the game continued.

Skill can delay collapse, but it cannot prevent it. In Jenga, skilled players do not save the tower; they simply postpone the moment it falls. That is what we have mistaken for governance, reform and financial discipline in professional rugby. Emergency funding, league mergers, salary caps, strategic reviews and calendar resets were all sincere and well-intentioned, yet none were capable of restoring integrity once enough structural support had already been removed. The tower was unsound; it simply had not fallen yet.

What makes this moment feel different is not that the system has suddenly weakened, but that there are no longer any layers beneath the professional game capable of absorbing instability. The shock absorbers are gone. What remains is exposure.

Read more

Why 2026 World Cup is when AI becomes the interface between fans and football 

GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...

Timing now becomes clear. International rugby’s final move was calendar consolidation and value centralisation, a move that has already been made. International competition is no longer touching the tower. Professional club rugby’s final move is franchising, consolidation and managed contraction, and it is still holding the block, attempting one last placement under conditions it did not design. When collapse becomes fully visible, it will occur during that placement. This does not mean professional leagues caused the collapse; it means they were the last ones required to act.

The future

In Jenga, the player whose turn ended before the collapse is conventionally described as the winner, not because they controlled the outcome, but because the structural limits were revealed on the next move. Survival is misread as success. Finishing a turn without collapse is not victory; it is simply being the layer whose action did not coincide with visible failure.

That is international rugby’s current position. It is not winning. It is the layer whose most recent move did not trigger collapse, even though everything beneath it has already lost support.

This framing exposes a question that keeps resurfacing in rugby business commentary: which rugby product should investors back — sevens, the Prem, franchised leagues or international expansion? The honest answer is none of them, not because they lack talent, audiences or ambition, but because they all sit on the same architecture. They differ in format, geography and presentation, not in structural logic. Choosing between them is like debating which side of an unsound tower is safest to stand on.

Professional rugby did not fail because it lacked passion or market interest. It failed because its economic architecture allowed value to exit faster than it could accumulate. Participation fed the system without proportional return. Domestic leagues absorbed risk without controlling revenue. International competition accumulated value while shedding structural responsibility. Each reform addressed symptoms; none altered the architecture.

That is not a moral judgement. It is an arithmetic one — and arithmetic always wins.

Professional rugby is no longer playing to win. It is playing to avoid being the one whose turn coincides with the moment collapse becomes undeniable. The collapse has already happened. The system is simply recognising it now.

Rugby is merely early. Other sports built on the same architecture will recognise themselves soon enough.

Read more

City PM Football Power List shows that systems, not individuals, control sport

Breaking news conference with business leaders addressing current economic trends and market strategies

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Sport
  • News

Categories

  • Sport Business
  • Business
  • Sport

People & Organisations

  • International rugby
  • Jenga
  • Prem Rugby
  • Professional rugby
  • Rugby
  • Rugby Union

Related Topics

  • Rugby Union
  • Sport Opinion

Trending Articles

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

  • Burnham’s new chief of staff ran City firm advising Thames Water and rival Heathrow bidder

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • As it happened: FTSE 100 scrapes into green after Segro’s surge; Oil at pre-war levels after Trump snaps at industry

More from City PM

  • Why 2026 World Cup is when AI becomes the interface between fans and football 

    Sport Business
    GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...
  • City PM Football Power List shows that systems, not individuals, control sport

    Sport Business
    Breaking news conference with business leaders addressing current economic trends and market strategies
  • Has Fifa quietly made mandatory release clauses the future of football transfers?

    Sport Business
    Getty Images logo on a digital screen, representing media and stock photography in a business and news context.
  • Arsenal launch £7k-a-head VIP package with seats behind dugout and player meeting

    Sport Business
    High-resolution image of a business meeting with diverse professionals discussing a project in a modern office setting
  • Yas Queen’s: Why HSBC Championships expansion has been a smash for business

    Sport Business
    Getty Images illustration depicting diverse business professionals collaborating in a modern office setting, reflecting te...
  • Why investors will be keeping a close eye on rugby’s Nations Championship

    Sport Business
    GettyImages 2247278074 features a professional meeting with diverse business executives discussing corporate strategy in a...
  • Chelsea to hand Joao Pedro wage boost as club prepare for tough summer

    Sport Business
    Breaking news conference podium with microphones and cityscape backdrop, conveying urgency and professionalism
  • Fifa charging World Cup fans £59 for ‘shoutouts’ in new money-making scheme

    Sport Business
    GettyImages 2275685432 featuring a business professional in a formal suit presenting at a corporate conference with a dive...

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM. All rights reserved.
About · Contact · Terms · Privacy