Search results

Yeah, I'd like to hear why the board did approve a half mill payment to him and I'd also like Clyne to elaborate on what were the 'outstanding services to rugby' that Pulver gave.

but then you are a lawyer

Corporate expenditure (p 16 concise fin report) includes $2.8 m legal costs associated with reduction of Super Rugby teams while note 3 ( p 14 same report) states the One-off legal costs of $2.696 m. Wouldn't have thought ARU would have needed legal brief for the senate inquiry, they were merely...

I am sure NFP do have performance based KPIs that are not related to revenues and expenses.

wow, so not even performance based?

Does anyone have the spreadsheet that was used to determine the Executive Directors incentive payment of $500,000? So far I've got: 1. Matchday Revenues down $4.8m from previous year 2. Super Rugby Teams costs & funds & Player payments & RUPA costs & High performance and National Teams up $7.1 m...

yep, in the time between the end of the financial year, Dec 31 and release of the Accounts, April 2017, so I would have expected some mention in the "Events subsequent to reporting date" in last years' accounts

The 2016 accounts make no mention of SANZAAR vote to reduce the number of teams in the Super Rugby Comp, nor of the impending axing of the WF, not in Significant changes in state of affairs, and not in Events subsequent to reporting date, so it is inconsistent that the 2017 accounts find it noteworthy...

for your bookie ;)

Does anyone know which firm got the legal gig for the ARU defence v WF?

RA has an infinite life span (unless it goes seriously broke) while the CEOs and Board members have between five and nine years tenor.For most of them its a gentleman's gig -sorry Raelene, and fingers crossed all goes well in the corporate hospitality tent. On top of that, most of the CEOs (well...

But in this case, they dont have to bet with their own money and if things go awry they still get paid

but not by enough to maintain our five Aussie teams :(

Super Rugby team costs would be operating costs, but as pointed out by BH, about 4 m of the 2017 $12.169 M related to running the WF , so that takes it down to about $8 m, which is 100% increase from the 2014 and 2015 numbers - due, as per the 2016 annual report, to the increased travel costs...

thanks BH happy to be corrected on this one

no, that is elsewhere. The increase is not explained

absolutely no doubt post 2020 = 3 teams

Super Rugby teams costs - it is not explained what this is, but I think it could be the travel expense associated with the competition. Here are the figures for the last four years: 2014: $4.053m 2015: $4.178m 2016: $8.084m 2017: $12.169m This was one of the factors that Mr Clyne put forward as...

It's only been six months since Mr Clyne released the 'Supporting documentation - the future of super rugby' which forecasts the cash flow position, with Fig 3 - Financial forecast for keeping MR and exiting WF 2017 Q4 should have Cash position of $9,194,000 yet already he is way out - Cash at...

according to the NSW Waratahs financials of 2016 p 17 it states that they will pay the annual licence fee to NSWRU for granting them the licence to use Waratahs intellectual property....the minimum annual licence fee.... is $1 m..... for the duration of the Trade mark agreement ...expires on 31...