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National Rugby League Side Canterbury Gets Government OK For $93M Project

04 / 18 / 14

National Rugby League side Canterbury Bulldogs "has received the government's go-ahead" for a A$100M ($93M) project "to transform its premises at Belmore into a six-star hotel and create new revenue streams that should guarantee the financial security and strength of the Bulldogs," according to Dani...

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Tags: Franchises, Australia

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11/28/12
NRL, Clubs Discuss Players' Salary Cap

National Rugby League CEOs "are set to discuss calls for a bigger salary cap and club grant next season at a meeting in Sydney on Wednesday in a move that may help to resolve the futures of Israel Folau and Brett Stewart," according to Brad Walter of the SYDNEY MORNING HERALD. Clubs "were allocated ...

Tags: Leagues and Governing Bodies, Australia

11/27/12
Salvation In $400M Deal For Cronulla

The "wolf was finally banished" from National Rugby League Cronulla's front door when Chair Damian Irvine received a payment for a residential and business development at Sydney's Toyota Stadium valued at A$400M ($418M), according to Daniel Lane of the SYDNEY MORNING HERALD. Irvine admitted the Shar ...

Tags: Finance, Australia

11/27/12
Crowe's Exit Will Not Impact Sponsors

National Rugby Leagues side South Sydney Rabbitohs CEO Shane Richardson said that "the imminent departure of Russell Crowe as a co-owner of the club would not have a detrimental impact," on the club, according to Daniel Lane of the SYDNEY MORNING HERALD. Crowe's star power has been widely acknowledg ...

Tags: Franchises, Australia

11/27/12
NRL Appoints David Smith As New CEO

Flush with cash from the new broadcast deal, the Australian Rugby League Commission "has appointed departing Lloyds Bank CEO David Smith as the game's new CEO," according to Brad Walter of the SYDNEY MORNING HERALD. ARLC Chair John Grant has described Smith as a person who "knows business, who knows ...

Tags: Leagues and Governing Bodies, Australia

11/27/12
Eels Bid To Bend Rules Falls Flat

Reaction to National Rugby League club Parramatta Eel's "bold plan to circumvent the A$5M ($5.2M) salary cap next season to accommodate Israel Folau was predictable but emphatic: the Eels' rivals would only welcome such a move if they were afforded the same concessions," according to Glenn Jackson o ...

Tags: Franchises, Australia

11/26/12
Eels Chasing Flexible NRL Salary Cap

National Rugby League Parramatta Eels is "believed to have pitched a radical proposal" to the NRL to have its salary cap spaced out over the next two years in "a last-ditch attempt" to sign player Israel Folau for next season, according to Stuart Honeysett of THE AUSTRALIAN. Time "is running out" fo ...

Tags: Franchises, Australia

11/26/12
Cricket Australia Releases Ashes Dates

England's second consecutive Ashes cricket series next winter "will begin at the Gabba" in Brisbane, Australia on Nov. 21, according to the PA. Cricket Australia released the dates for the five-Test portion of the '13-14 tour last week, which also contains "five one-day internationals and three Twen ...

Tags: Events and Attractions, United Kingdom, Australia

11/22/12
Beckham In No Hurry To Announce Plans

David Beckham said Wednesday he has "exciting opportunities on the table" to continue playing after he leaves Major League Soccer club L.A. Galaxy and will announce his next move near the end of the year, according to the AP. Until then, "he is focusing on winning one more trophy" with the Galaxy. B ...

Tags: International Football, Australia, New Zealand, China, Middle East

11/21/12
Australia Media Exec Departures, Hires

Australia's Channel Nine "has parted ways" with sports commentator Simon O'Donnell after 25 years, according to Darryl Timms of the HERALD SUN. O'Donnell said that "he was a victim of the network's salary cap." He said that he had "great memories of his work" with Nine and described "it as a sad day ...

Tags: Media, Australia

11/20/12
FFA Gets $166M Broadcast Deal

Football Federation Australia said that Fox Sports, Foxtel and SBS "will pay A$160 million ($166M) for broadcast rights to A-League and Socceroos int'l football matches over four years," according to Dan Baynes of BLOOMBERG. The agreements, which start July 1, will deliver A$148M in cash and A$12M i ...

Tags: Media, Australia

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