Perth Red
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And here we go again with clubs threatening to get rid of the commission. The most worrying bit is the last bit. The nrl in last couple of years has basically spent the the tens of millions put aside into the investment fund from the 2013 tv deal, run at a loss the last two years and is now talking about having to borrow money to cover a $60mill budget deficit next year. And all on the back of revenue nearly double what it had a few years ago. Wtf is going on? (Caveat this is Sydney media so truth may be skewed for sensationalism!)
In what looms as the biggest threat to John Grant's reign as ARLC chair, a meeting of all 16 NRL club chairmen has been called in Sydney next Tuesday.
Canterbury chairman Ray Dib sent out an invitation to club chairs on Friday morning, requesting a last-minute gathering with his counterparts at which it is expected the clubs will call for an extraordinary general meeting to remove Grant from power.
As a response to the immediate backlash from furious clubs after Wednesday's meeting, NRL chief executive Todd Greenberg tried to reassure the clubs that they wouldn't be out of pocket next year. He sent an email to all clubs later that night stating his intent to source the additional funds – believed likely to be in the form of a loan from major sponsor Telstra or a bank.
http://www.smh.com.au/rugby-league/...ove-john-grant-from-arlc-20170519-gw8r6y.html
In what looms as the biggest threat to John Grant's reign as ARLC chair, a meeting of all 16 NRL club chairmen has been called in Sydney next Tuesday.
Canterbury chairman Ray Dib sent out an invitation to club chairs on Friday morning, requesting a last-minute gathering with his counterparts at which it is expected the clubs will call for an extraordinary general meeting to remove Grant from power.
As a response to the immediate backlash from furious clubs after Wednesday's meeting, NRL chief executive Todd Greenberg tried to reassure the clubs that they wouldn't be out of pocket next year. He sent an email to all clubs later that night stating his intent to source the additional funds – believed likely to be in the form of a loan from major sponsor Telstra or a bank.
http://www.smh.com.au/rugby-league/...ove-john-grant-from-arlc-20170519-gw8r6y.html