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Survival of the NRL and NRL Clubs

Twizzle

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The National Rugby League (NRL) has agreed on a recovery plan with Clubs relating to the impact of Covid-19 on the 2020 Telstra Premiership competition.

Australian Rugby League Commission (ARLC) chair Peter V'landys and NRL Chief Executive Todd Greenberg said the plan provided funding certainty for the remainder of the 2020 season.

The deal, unanimously supported by all 16 clubs, was created on the back of a significant whole of game cost reduction.

"We have a consolidated plan and working with the Clubs and the players, are united in our efforts to do all we can to protect rugby league," Mr V'landys said.

"We had no option but to stop the competition in the wake of advice from our Biosecurity and Pandemic expert but remain optimistic that the season will restart as quickly as possible, ideally by July 1. If that isn't possible, then we need to be prepared for that option as well and are making the tough financial decisions now to reduce costs to ensure we get through this crisis."

The revised financial models provide Clubs with the capacity to survive the financial year with either a remodelled 20-week competition, including final series and Origin, or a worst case scenario of no football being played again this year.

Details of the recovery plan include:

The NRL will pay a total of $40 million in monthly grant payments to the Clubs between April and October to cover their ongoing operational costs. This is an increase of $6.4m of funding compared to the 2020 budget;
The NRL will reduce its operating costs by 53%, including a 95% reduction in staffing levels during the shutdown period and a 25% cut in executive salaries.

In addition, the NRL has proposed a funding model for player payments to the RLPA which will be provided to its members for consideration.

Mr Greenberg said although the decisions involved short term pain, the measures would protect the sustainability of the game and set it up for the future.

"We are working together to achieve the best outcome in the short, and long term. We must use this opportunity to reset the game's costs and overall structure."

"These measures will put the game in the best position to rebound strongly from the pandemic."
 

strider

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I dont particularly like Todd, but i think from what ive seen he has been quite good during this period of shit
 

Twizzle

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CLUBS APPLY FOR JOBKEEPER

Penrith, Wests Tigers and Parramatta are among a number of NRL clubs to have lodged their applications for JobKeeper funding this week.

The development comes after the Tigers joined most of their rivals in standing down the majority of their football and administrative staff due to the coronavirus.

Tigers staff were informed the club had registered for the Federal Government’s $130-billion emergency stimulus package when they were sent home on Tuesday.

Even the NRL, who ordered 95 per cent of its staff to take annual leave last week, are working through the details of how the subsidies apply to its staff.

Employees are entitled to $1500 a fortnight under the policy, of which over 400,000 businesses had registered for by Wednesday night.

Seven hundred Panthers workers were informed the organisation had applied for the funding following the Prime Minister’s announcement on Monday.

But it is unclear whether the business will have enough cashflow to pay its staff before the government reimburses companies in May.

- via AAP
 

strider

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LOL

Eddie wanker, asked a simple question and wants to waffle on and divert from it, plus hang the interviewer in the process, the 7yo kid with the Essendon jersey ??? LOL
do Eddie and that reporter have a history? cos eddie sure lost the plot quick
 

Gary Gutful

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Eddie wanker, asked a simple question and wants to waffle on and divert from it, plus hang the interviewer in the process, the 7yo kid with the Essendon jersey ??? LOL
Eddie's answer was fine. Tony Jones is a bigger dickhead than Eddie.
 

Gary Gutful

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And, he never ended up answering the question anyway.
It was a merkin of a question. F**k these idiot f**kwit reporters that demand yes/no answers to complicated questions. They have no f**king respect for the people they are interviewing and are just chasing a headline. I'd like to see more instances where they are told to get f**ked.

Tony Jones, Stefanovic, Koch. They are all sanctimonious turds.
 

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