naza
Alan Cameron (40)
http://www.couriermail.com.au/sport...over-three-years/story-e6frepm6-1225852002830
Ouch. I knew things were rough but that's atrocious. Are the ARU going to have to take over ?
I have no idea how anyone's supposed to run a S14 franchise with just $436K in gate receipts.
THE full horror story of Queensland rugby's cash crisis was revealed yesterday as a loss of $3.1 million for 2009 which made a bailout essential.
The Queensland Rugby Union was on life support in cash terms because that dire figure was compounded by exhausting a bank line of credit of $2.6 million to pay for its operations.
The release of the QRU's financial statements shows there was no choice but to go cap-in-hand to the Australian Rugby Union last month to seek a rescue package.
Ouch. I knew things were rough but that's atrocious. Are the ARU going to have to take over ?
I have no idea how anyone's supposed to run a S14 franchise with just $436K in gate receipts.