Menu
Finance

Australian Rugby Union Reports A$6.3M Deficit For 2014

The Australian Rugby Union has recorded a A$6.3M deficit for '14 after providing A$3.3M "in assistance to keep the Melbourne Rebels afloat," according to Wayne Smith of THE AUSTRALIAN. And although the new broadcast deal to come into effect next year "promises to dramatically ease the financial pressures on the ARU" there could be more pain this year. There are "no inbound tours this year because of the World Cup in England in September-October, which will cut a sizeable chunk from the ARU’s 2015 budget." The ARU’s financial underwriting of the Rebels "is no secret but the announcement of the stark dollar figure" will do nothing to quieten demands for the number of Australian Super Rugby teams "to be culled from five to four, particularly since participation figures," also released on Monday, give no indication that the addition of the Western Force in '06 and the Rebels in '11 "has had any impact on the number of footballers playing senior club rugby." Overall participation numbers have risen to 687,488, an increase of 12% on '13, "but all the gains have been on the margins" (THE AUSTRALIAN, 4/21).

ASKING FOR ADVICE: In Sydney, Rupert Guinness reported the ARU announced that the game's supporters and community "will be asked for feedback on where and how the game should improve." That feedback "will be considered as part of the ARU's planned five-year strategy and investment program to address issues troubling the game in Australia" (SYDNEY MORNING HERALD, 4/20).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/04/21/Finance/ARU-Rebels.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/04/21/Finance/ARU-Rebels.aspx

CLOSE