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Cronulla Sharks facing financial oblivion

Frenzy.

Immortal
Messages
49,850
no fork and spoon!!

chopstix, chopstix

Hope they do the fried gow gees. Best entree ever
 

gunnamatta bay

Referee
Messages
21,084
Is this mob in trouble?



OFFICIAL APPAREL SPONSOR


The Cronulla Sharks welcomed ISC on board in 2008 as the Club's Official Apparel Sponsor.
International Sports Clothing (ISC), with operating bases both in Sydney, Australia and in the UK, employing 85 staff, is an experienced and proven designer, manufacturer, supplier and distributor of merchandise under license, with an established track record for dependability.
Currently ISC is a licensed supplier to NRL Teams: Cronulla Sharks, Sydney Roosters, South Sydney Rabbitohs, Canberra Raiders and Penrith Panthers. Super 14 Teams: NSW Warratahs, Brumbies Rugby and the Western Force.
The UK arm of ISC holds merchandise licenses to 4 of the 12 English Super League Teams; the Bradford Bulls, Salford City Reds and the Wakefield Wildcats and the new French Team, Catalans. ISC distribution includes France, Italy, USA and New Zealand.
ISC has the expertise and experience to utilise both local and offshore garment manufacturing. This knowledge ensures consistency of quality and supply.
In house sublimation printing, screen-printing, embroidery as well as outside relationships with Australia’s leading knitting mills provides the ultimate in control and responsiveness to the demands of high profile teams.

http://www.stuff.co.nz/4841409a10713.html
NZRL loses its shirt as company goes bust

By AARON LAWTON and JOHN MATHESON - Sunday News | Sunday, 08 February 2009

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The company that makes the World Cup winner's jersey is reported to have gone into administration.
Sydney's Sun-Herald newspaper is today reporting the Australian division of International Sports Clothing which also supplies the Air New Zealand Cup's Manawatu and Bay of Plenty unions, six NRL clubs, Australian Super 14 franchises and two AFL teams has been placed in administration.
"They (ISC) are going into administration," NRL marketing manager Paul Kind said.
"From our perspective, we're not out of pocket at this point.
"The deal with ISC is that clubs hold independent agreements for their kit supply and we have one licence with them on supporter apparel, which we're working on now. It's a question for the clubs who have an independent agreement (with ISC).
"We're sitting down with ISC on February 11th (Wednesday).
"They're coming in so we can sit down and talk about where it's all up to."
The NRL clubs linked to ISC Australia include Cronulla, Penrith, Canberra, South Sydney, Parramatta and the Sydney Roosters.
The NZRL unaware of the company's demise until contacted by Sunday News was last night scrambling for information about the status of the ISC.
Its relationship with ISC is a complex one and if the sports clothing company has folded the financial ramifications for league in New Zealand are unclear.
It is understood ISC provides the NZRL with a certain amount of free merchandise, while any extra merchandise above the specified amount is paid for.
The NZRL also makes money via a licencing arrangement with ISC from every officially licenced product sold.
"I can't really comment too much on the situation at this point in time," NZRL general manager Peter Cordtz said.
"What we have found is that a very complex situation has developed.
"This is considerably more complex than just a straightforward receivership situation.
"We are working through what the implications and downside if any will be for the NZRL.
"We are trying to get our heads around that now.
"We really don't know the full story or what the implications might be yet."
Bay of Plenty rugby boss Jeremy Curragh said his union had been aware of the problems facing the Australian arm of ISC for a while.
He has been involved in talks with a new New Zealand division of the UK company about supplying the Steamers' gear for 2009. It is completing with two other companies to win the BOP contract.
Manawatu's CEO John Knowles confirmed his union is now looking for a new jersey supplier.
 

Vossy

Bench
Messages
3,440
well at least where not the only club with them

we have absolutely no luck, ok bastards fess up, who stole all the money?
 

Quigs

Immortal
Messages
34,472
me ...... I did it to maintain my lifestyle.

Cheers
Declared Idiot #88
Quigs
 
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