Kiwi Players Push For NZ Anthem AFL Looks To Restore Int'l Rules Series German Prosecutors: Ecclestone 'Blackmailed' Waratahs Concerned Over 'Dated' Allianz FA Takes Hit On Broadcast Revenue ACB Bilbao Unable To Make Payments TA Boss Seeks Major Cup Overhauls Ambani Wealthiest Indian Cricket Owner Legia Warsaw Consider Public Stock Munich To Earn Additional Income From CL
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/February 25, 2014/Finance
National Rugby League To Invest $180M-Plus As It Seeks To Become Australia's Top Code
Published February 25, 2014
FUTURE FOCUS: In Brisbane, John Stensholt reported Australian Rugby League Commission board member Graeme Samuel will head a committee charged with overseeing an A$80M "future or 'sustainability'" fund. The fund will be "invested commercially and target returns" of at least 3-4% above CPI annually. It is "likely a fund manager will invest the funds on behalf of the sport," with Samuel heading a committee that will "oversee the investment." Smith said that A$30M spending "had already been identified," including A$2M to "improve the stadium experience for fans" and A$5M to assist NRL clubs to "recruit new and service existing members" (BRISBANE TIMES, 2/24).