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SBD Global/November 1, 2013/Finance

Cycling Australia Owes Money To Several Sources Other Than Broadcaster SBS

The outstanding payments owed by Cycling Australia to broadcaster SBS that threaten coverage of Australia's main domestic races next year "are understood to be among a number of claims for unpaid money against the national body," according to Rupert Guinness of the SYDNEY MORNING HERALD. Several contractors other than SBS "are owed money for services." A number of cycling stakeholders "have also expressed grave concerns over CA's financial position in general." The Australian Sports Commission, which has played a big role in effecting change, "also labelled CA as 'low' in its latest 'governance progress assessment' as part of its Winning Edge 2012-22 initiative." The ASC "is calling on all sports to operate more like businesses." The ASC "is also pushing for change at CA" and has already said the presidency vacated by Klaus Mueller "could go to someone outside the sport, as the Swimming Australia presidency went to sailing legend John Bertrand" (SMH, 10/31).
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