Australian Rugby / RA

[Strewthcobber]

Headline should read "2024 worst financial year on record" thanks for pulling this together

On the face of it, it is. But there is a heap of cash (like $50m) that has already come in that is being deferred until Lions.

(eg sponsor pays some money in 2024, but it's recognized in the accounts when the Lions test matches are played)

 

[Adam84]

How the fuck are the Waratahs and Brumbies running at $3.6million losses a year.. each….. this is Rebels-esque shit

 

[whitefalcon]

How the fuck are the Waratahs and Brumbies running at $3.6million losses a year.. this is Rebels-esque shit
View attachment 21514

must be write offs

 

[Adam84]

must be write offs

 

[Strewthcobber]

How the fuck are the Waratahs and Brumbies running at $3.6million losses a year.. this is Rebels-esque shit
View attachment 21514

Edit- - See Adam's reply below.

I *think* this is just a paper loss, especially for the Tahs.

All the Super Rugby expenses are listed under the consolidated entity, but the Super Rugby revenue for Tahs and Brumbs is maintained at the Parent entity level - it's not distributed down.

So what appears to be listed here are the losses they are making without the $m distribution kept now by RA.

 

[mst]

How the fuck are the Waratahs and Brumbies running at $3.6million losses a year.. each….. this is Rebels-esque shit
View attachment 21514

Is the real question why RA continue to keep signing up for Super Rugby when they know most team are unlikely to break even, let alone a profit?

RA know the financials, the Unions are just going along for the ride as there is no plan "B" and without something the Wallabies are at risk.

Chicken-egg issue.

I would guess Unions see things like dropping back from Super Rugby to an NRC or similar type domestic comp as a threat on the last cards they hold being the Shute and Hospital. So its better to go with the RA option of begging for funds to keep Super Rugby alive rather than lose the power and have RA interfere at the lower levels.

 

[Adam84]

I *think* this is just a paper loss, especially for the Tahs.

All the Super Rugby expenses are listed under the consolidated entity, but the Super Rugby revenue for Tahs and Brumbs is maintained at the Parent entity level - it's not distributed down.

View attachment 21516

So what appears to be listed here are the losses they are making without the $m distribution kept now by RA.

Not quite. The payments to the Waratahs and Brumbies are still made — this is shown under the parent entity. However, in the consolidated accounts, that funding is eliminated because both the parent and subsidiaries are treated as a single economic unit. So rather than RA keeping the money, it’s transferred to the Waratahs/Brumbies, but since they’re now fully owned subsidiaries, the funding is considered an internal transaction. The $3.6 million deficits listed are after that funding has been received and spent

 

[Strewthcobber]

Not quite. The payments to the Waratahs and Brumbies are still made — this is shown under the parent entity. However, in the consolidated accounts, that funding is eliminated because both the parent and subsidiaries are treated as a single economic unit. So rather than RA keeping the money, it’s transferred to the Waratahs/Brumbies, but since they’re now fully owned subsidiaries, the funding is considered an internal transaction. The $3.6 million deficits listed are after that funding has been received and spent

Thanks Adam. Makes sense

Consolidated accounts spent $16m more than parent and revenue of $7m more than parent shows the issue.

 

[Strewthcobber]

Is the real question why RA continue to keep signing up for Super Rugby when they know most team are unlikely to break even, let alone a profit?

I just think RA want enough full time professional players going around each year to make a "competitive" Wallabies team.

They were hoping for years there was enough revenue in the Australian Rugby ecosystem for ~160 players, but it seems more likely that the number is something like 100 to 120.

The next question is then how do you find good enough competition for 120 pro rugby players?

 

[The Ghost of Raelene]

I just think RA want enough full time professional players going around each year to make a "competitive" Wallabies team.

They were hoping for years there was enough revenue in the Australian Rugby ecosystem for ~160 players, but it seems more likely that the number is something like 100 to 120.

The next question is then how do you find good enough competition for 120 pro rugby players?

Before this thread gets overun with ideas I'll link this one https://www.greenandgoldrugby.com/community/threads/having-no-nrc-is-better-how.19303/

Plenty of people have put forward their thoughts. I know I'm dying on my hill of Super Rugby A because we don't have the talent to fill 8+ sides unless we want an MLR standard comp that will not develop Wallabies which is what feeds $ back down.

 

[mst]

I just think RA want enough full time professional players going around each year to make a "competitive" Wallabies team.

They were hoping for years there was enough revenue in the Australian Rugby ecosystem for ~160 players, but it seems more likely that the number is something like 100 to 120.

The next question is then how do you find good enough competition for 120 pro rugby players?

But even the 120 version is bleeding the bank account and still has key players going O/S and not sufficient pathways. It won't produce the level of competition to develop International standard players. It's also not doing anything for the game beyond propping it up short term to see out TV deals as we don't know what else to do, and lacking the intestinal fortitude to do what needs to be done.

Much of it is poor decisions after poor decisions. We can bang on about player numbers, but we get different performances from coach to coach with that some group of players. Right there may be an indicator that it's not just a player base issue. When you think of things like that lack of basic skills many of our players are struggling with, you don't have to look far to realise that those who have lacked those skills have or are now are now coaching. Yes, that's changing a little now, but its still very present. We (as a sport) are consciously making those decisions that are holding us back as we are so resistant to change. Look at the management. Nothing or nobody from the outside ever gets in. Its ridiculously incestuious but we expect it be churning out purebreds.

I think the problem is the game, system, set up and unwillingness to concede it all needs to binned, reimagined and reformed - top to bottom, from clubland to pro's and national levels. Its an unsavory thought and will upset many but what else is there? This continuing insanity?

We have had this same conversation for years. 3 teams, 4 teams, 5 teams, With the SARU, without SA, with Japan and Argentina, without them, Pacific nations....what's next? It doesn't matter what you add to this concoction it unpalatable and unpopular, and most of all, it's poor financial investment. For whatever reason, post 1996 the decisions have hurt the TV rights and market and its been in decline. All parties have lost more than we have gained. Surely that's a good clue this is never going to work?

At the heart of this domestically, let's be honest, the current union set-up and governance does not work. We have added teams, subtracted teams and so far the only one that has traded out of issue was outside of RA's control which should be a clear message to the everyone. Even that took external help and is still supported from outside of RA. We ran a domestic comp as we had no choice and the ratings went up. So what did we do? Ignore that increase and opportunity.

With the level of business acumen in the game, it probably goes a long ways to explain why the "fund" never got far. I believe it raised about 12% of its target? Would you invest your money?

The Reds after a lot of work to restructure their model over time, and with a huge market, are the only ones that are scraping through. If they are the benchmark we are in trouble as no other franchise has their footprint, market or the funds available to them that they have.

Less does not pay the bills so 120 will not generate the revenue. Less TV reduces both audience and sponsors / advertising revenue. So the extra TV dollars offered by Stan in this deal is like compensation for the loss of sponsors dollars. It's not extra revenue from the Stan deal in reality. So I think when we are all honest and would be willing to put our own money at risk we might be close to something worth keeping alive. But this, this mess we have is costing more than its worth IMHO, and that's money wasted on egos and power.

The harsh reality is without the Lions and WC, the game is dead in the water today. It's already trading on future income to keep itself alive.


{EDIT} - I often wonder is Union actually has an identity crisis. Without the the ongoing rhetoric about it future, management, RA board press opportunities, Wallabies etc etc, when you get to the actual games, there is very little to talk about or talked about. It probably why its not looked at in the same light as other sports. It like the F1 reality drama "drive to survive" that many prefer to watch over the actual races sadly.

 

[Jimmy_Crouch]

Complains about the lack of ideas then does not offer any. Good work mate.

 

[WorkingClassRugger]

Before this thread gets overun with ideas I'll link this one https://www.greenandgoldrugby.com/community/threads/having-no-nrc-is-better-how.19303/

Plenty of people have put forward their thoughts. I know I'm dying on my hill of Super Rugby A because we don't have the talent to fill 8+ sides unless we want an MLR standard comp that will not develop Wallabies which is what feeds $ back down.

An MLR standard comp would be a step up from what we have now.

 

[mst]

Complains about the lack of ideas then does not offer any. Good work mate.

What ideas do you want? Anything is better than we have right now so it not like its requires any real thought. Easy option is cast the Pro's offshore and go amateur until we grow some balls to change the regime and can make actual change. Any decent clubland players will be picked up a discount rates by O/S clubs. So no work required.

Player get paid, develop at a higher standard and it doesn't cost us anything except the need to ditch Gateau's law. You just gotta hope they come back.

Current stocks will do for the Lions, and most of them will suffice for WRC. As long as the Wallabies can get mid comp in the WRC it's a better ROI than anything we have now.

Its worked for other nations like Fiji, Argentina, even the Saffa's in part...decent amount of countries have out of need or its a better option.

Invest in the grass roots now with the money saved, and start with a semi- pro or pro domestic comp post RWC using the post RWC hype.

Now lets see you put something forward.

 

[kiap]

View attachment 21513

Can anyone find a source for the revenue/expenditure for those 09/10 years + earlier?

Looked through my old storage:

 

[Derpus]

How the fuck are the Waratahs and Brumbies running at $3.6million losses a year.. each….. this is Rebels-esque shit
View attachment 21514

Spending more money than they make?

It's not that shocking given no one really likes Super Rugby.

 

[fght123]

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CRUSADERS (1-15): Tamaiti Williams, Codie Taylor, Fletcher Newell, Scott Barrett, Antonio Shalfoon, Cullen Grace, Ethan Blackadder, Christian Lio-Willie, Noah Hotham, Taha Kemara, Sevu Reece, David Havili (c), Levi Aumua, Chay Fihaki, Will Jordan

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BLUES (1-15): Joshua Fusitu'a, Ricky Riccitelli, Angus Ta'avao, Patrick Tuipulotu (c), Josh Beehre, Anton Segner, Dalton Papali'i, Hoskins Sotutu, Finlay Christie, Beauden Barrett, Mark Tele’a, AJ Lam, Rieko Ioane, Cole Forbes, Zarn Sullivan

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[fght123]

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Fijian Drua NSW Waratahs live score (and video online live stream*) starts on 19 Apr 2025 at 02:05 UTC time in Super Rugby - Rugby Union. Here on Sofascore livescore you can find all Fijian Drua vs NSW Waratahs previous results sorted by their H2H matches. Links to Fijian Drua vs. NSW Waratahs video highlights are collected in the Media tab for the most popular matches as soon as video appear on video hosting sites like Youtube or Dailymotion. We're not responsible for any video content, please contact video file owners or hosters for any legal complaints.
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