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SBD Global/August 21, 2013/Finance

NRL Cronulla Sharks Coach Denies Inappropriate Use Of Account Funds

National Rugby League Cronulla coach Shane Flanagan "has denied he inappropriately used funds from a separate bank account run outside of the club's books," according to Michael Carayannis of THE AGE. Flanagan is "alleged to have operated a bank account against the wishes of the club's former board." Flanagan said that the account, called High Performance Unit, "was opened last year to help fund a new gym for the squad and to re-floor the older gym for the club's junior representative teams." Flanagan said that the account "was closed" (THE AGE, 8/21).
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