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Volume 7 No. 82
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AFL Side Brisbane Lions Post A$2.2M Loss For '17, Announce New CEO

Australian Football League side Brisbane Lions "rubber-stamped the ascendancy" of new Chair Andrew Wellington at Wednesday’s annual general meeting when the club announced a loss of A$2.26M ($1.7M) for '17, according to Greg Davis of the Brisbane COURIER-MAIL. Brisbane lost A$1.78M in '16 and the "collapse" of former major sponsor Camperdown Dairy Int'l earlier this year was a "body blow for the club." Wellington takes over from departing Chair Bob Sharpless, who "held the top post" at the club since '13. Wellington has been a partner with PricewaterhouseCoopers since '03 and has been a Brisbane member since '95 (COURIER-MAIL, 12/13).