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RL independence day arrives - NRL Independent Commission announced

Perth Red

Post Whore
Messages
66,661
He's not talking about News, everybody knows how they have screwed the game, difference is they are a business whose job it is to maximise profits for their shareholders. They have an excuse in a perverse sort of way. ARL was supposed to be there for the good of the game. It is their sole reason for existing! How many times has the ARL come out and challenged News ltd over anything? When was the last time you saw a ARL statement that challenged a poor decision? No decision could have been made without ARL's complicit agreement. News did what was best for News, what did the ARL do what was best for?
 
Messages
11,436
thats the big questions isn't it

clubs that don't have a strong membership base or strong financial base (ie cash flow away from the season proper) will be the first to suffer

with Cronulla, Manly, Canberra, Gold Coast in most danger

Errr no. We may be absolute balls on the field but off it we are in a very strong financial position.
 

CC_Roosters

First Grade
Messages
5,221
So tomorrow is a D-day of sorts for the code. I think the clubs will sign and they will get some sort of one of financial package. Will be an interesting day with all of the power meetings taking place.

Also if they sign will the handover be tomorrow? Thats assuming that while all of the debate over club funding was going on, the new board and partnership where finishing the final details in the background.
 

NRL-TGG

Guest Moderator
Messages
1,354
I think all those details that needed to be finished were put on hold when the clubs started demanding all this money.

I don't think there is any chance they will hand over operations on Tuesday.
 

Brutus

Referee
Messages
26,241
While News Limited has been the "black knight" of league for more than a decade, it will be very interesting to see who gets blamed for everything once News departs the game (allegedly within a few weeks).

This from DUI Bec page 135 Saturday's Telegraph.

:lol::lol::lol::lol::lol:

They've got absolutely no shame these News LTD apologists.
 

NRL-TGG

Guest Moderator
Messages
1,354
She didn't write that, that has to be a joke.

If she did write that, she has lost the plot or spent too much time on the pot.
 

Parra

Referee
Messages
24,896
Seems to be a very accurate description to me.

"Typically, a Black Knight will enter a business/company as an influential person such as a major investor or a member of the board of directors of a profitable or asset rich business. The Black Knight will undertake dealings to enrich themselves which normally leave the previously profitable company in a weaker financial position."

"A real Black Knight's intention is to enrich himself usually destroying the company or business in the process."

http://en.wikipedia.org/wiki/Black_knight



Either that or she is describing News Ltd as one of the Nazgul.

Why let a Nazgul have extended influence over anything, including appointment of the CEO, Commissioners, dictating future funding for Melbourne or any right of first and last refusal over TV deals.
 

Brutus

Referee
Messages
26,241
Well picked up Parra. I have no doubt she meant to say white knight, but because she’s got NFI about anything she’s gone with what News Limited really is – a Black Knight.

Thanks for telling us how it really is DUI Bec lol
 

Perth Red

Post Whore
Messages
66,661
lol, bet her paymasters won't be happy when they read the Wiki description of what she has called them! We should send Rupert a copy for a laugh :)

On the clubs being better off under a bigger grant, that all depends on what the salary cap is set at. Hopefully the IC makes sure the grant sits above the cap for at least the next 5 years so clubs can sort out their finances. If not and the cap is set at the grant level clubs will be less than $1mill better off than they are now a year and a lot of clubs need more than $1mill extra to be sustainable. Here's how I'd like to see it work out:

2013 Grant $6mill cap $5mill
2014 Grant $6mill cap $5.25mill
2015 Grant $6.5mill Cap $5.5mill
2016 Grant $6.5mill Cap $5.75mill
2017 Grant $6.5mill Cap $6mill

Given current grant is $3.8mill and cap is $4.5mill that is $700k a year clubs will be bteer off plus the difference between grant and cap above meaning clubs will have a greater income over expenditure of around $1.2-1.7 mill a year.


I think we can safely kiss tomorrow goodbye as the day RL once again becomes holder of its own destiny :(
 

rednblack

Juniors
Messages
275
This from DUI Bec page 135 Saturday's Telegraph.

:lol::lol::lol::lol::lol:

They've got absolutely no shame these News LTD apologists.

Why all the ridicule? As far as I can tell, its not exactly a glowing endorsement of NEWS, far from it.
As Parra pointed out, news would hardly desire to be seen as black knights. She is just pointing out their greedy, self interests. IMO this is absolutely correct, and the author doesn't deserve the flogging she's getting here over this article. A brave move also, from a news columnist...
 

Perth Red

Post Whore
Messages
66,661
tick, tick, tick. Every month delayed is another month of mediocrity for the game. The board has been chosen, the legal stuff has been worked out so what is the delay now? Ok the clubs won;t sign up to next years comp yet but that shouldn;t stop the IC taking over, it would just be them negotiating with the clubs not the current NRL board.
 

taipan

Referee
Messages
22,434
It is now 4.15pm.waiting,looking.sniffing,anticipating,sweating,yet no glimpse of either the i.C announcement or whether the clubs signed up to the new agreement.
We get an airline strike,an intervention knocks it on the head after 36 hours,we are still waiting after years for a decision in rugby league.
The code is the tortoise in the sporting world of decision making.Two speeds slow and stop.:oops:
 

El Diablo

Post Whore
Messages
94,107
http://www.theaustralian.com.au/new...commission-elect/story-e6frg7mf-1226181919826

John Grant insists there is no frustration among the commission-elect

by: Brent Read
From: The Australian
November 01, 2011 12:00AM

CHAIRMAN-elect John Grant yesterday insisted he and his fellow commissioners remained as committed as ever to the game as the ongoing dispute over club funding meant another deadline came and went for the formation of the independent commission.

Officials from the 16 clubs met yesterday to discuss the latest offer from the NRL partnership over the funding impasse that has stymied the commission's formation and prompted the clubs to take the extraordinary step of allowing their membership agreements to lapse, meaning none is committed to the competition next season.

It is understood the clubs will hold further talks this week and officials are optimistic the issue can be resolved within days. That said, the spat over future funding, and the resultant delays in the commission's formation, have prompted concerns some of the eight inaugural commissioners-elect could walk away in frustration.

Grant insisted that was not the case. "There is no frustration on behalf of the commission-elect," he said. "All the people who are on the commission have been involved in mergers, acquisitions and restructuring activities before and what we all know is that they take longer than everyone thinks.

"There is always discussions that need to be had to resolve points of difference. The concern we have is the longer it goes, the less time we have to actually put into the big deal things like the broadcast rights negotiations.

"Everyone has a vested interest in resolving that as quickly as possible. But that will take a lot of time and a lot of work and we want to make sure we leave ourselves enough time to do that.

"That's really the pressure point. It's not so much for the commission, it's more for the clubs themselves. There's no feeling at the moment that any commissioners are going to walk away out of frustration or out of concern."

The clubs have asked for $2.15 million in extra funding next year _ $500,000 straight away and a further $1.65m when the game's next broadcasting deal is finalised. It is understood News Limited _ which publishes The Australian _ and the Australian Rugby League, the game's co-owners, responded with a counter-offer, which was discussed at length yesterday.

More meetings are planned this week as the parties seek a resolution. ARL chairman John Chalk and chief executive Geoff Carr will have to take part via telephone after flying out of the country last night to attend an international board meeting in England. NRL chief executive David Gallop will also attend the meeting.

"Over the last seven days, we have made a lot of progress in solving all of the problems," Wests Tigers director and club spokesman David Trodden said.

While the November 1 date for the commission's formation has lapsed, Grant remains confident once the funding issue is resolved the body can be quickly formed.

"I think it's right for people to have a concern because it's patently clear now the commissioners were named early in the process and probably too early, given the process," Grant said.

"You could also mount an argument that if we weren't named and we hadn't become involved, this process might go on for a lot longer, as well."
 
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