Mick The Munch
Phil Hardcastle (33)
"[Former RA CEO Andy Marinos] wasn’t a fan of the idea and neither was RA Chairman Daniel Herbert, and so I wanted it all to be a positive experience when meeting the Suaaliis"
with chicken
with chicken
Australian Rugby / RA
- Thread starter Dave Beat
- Start date
Wilson
John Eales (66)
The Rugby Future Fund has been launched to help benefit Australian Rugby (via the Australian Rugby Foundation):
www.smh.com.au
Bit more detail here too:
Great to see something like this started, and the England victory is probably a well timed shot in the arm for it that has prompted the article.
Billion-dollar ball game: Big end of town could produce cash bonanza for Australian rugby
Australian rugby has called on some of the country’s leading investors and fund managers to help fund every level of the game.
Bit more detail here too:
Great to see something like this started, and the England victory is probably a well timed shot in the arm for it that has prompted the article.
Crashy
Dick Tooth (41)
It will need to be more than 100 mil to have an impact. Think what the cost could be to get the waratah shield in nsw back to what islt was for example.Ie every high school participating. That would be a frightening game changer for australian rugby.The Rugby Future Fund has been launched to help benefit Australian Rugby (via the Australian Rugby Foundation):
Billion-dollar ball game: Big end of town could produce cash bonanza for Australian rugby
Australian rugby has called on some of the country’s leading investors and fund managers to help fund every level of the game.
Bit more detail here too:
Great to see something like this started, and the England victory is probably a well timed shot in the arm for it that has prompted the article.
Slim 293
George Smith (75)
Somebody is a bit desperate for attention this week following the Wallabies' win...
The Red Baron
Chilla Wilson (44)
Jeez I wish that dude would just shut up.
Ignoto
John Hipwell (52)
Hell yeah, nice to see some actual assistance going on.The Rugby Future Fund has been launched to help benefit Australian Rugby (via the Australian Rugby Foundation):
Billion-dollar ball game: Big end of town could produce cash bonanza for Australian rugby
Australian rugby has called on some of the country’s leading investors and fund managers to help fund every level of the game.
Bit more detail here too:
Great to see something like this started, and the England victory is probably a well timed shot in the arm for it that has prompted the article.
It would be absolutely fantastic to utilise some of this financial weight (if it gets into the 100's of millions) to take on the French league as being the "premier league". We've seen for too long SH players going to the NH, but it'd be a nice change if a larger competition down here would attract the NH players (which in turn should keep SH players down here as that's where the money is).
John S
Peter Fenwicke (45)
It's almost as if some people need not just an anti-compete clause, but a gag clause in their employment contracts
KentwellCup>ShuteShield
Johnnie Wallace (23)
surely you could get a decent schools comp going in sydney and sorrounds for less then 5 milly.
Wilson
John Eales (66)
There's a lot that can be done before then and I'm not sure the Waratah Shield would be the value for money option for RA any time soon, particularly if that's how high you're placing the cost. That's not to say it's not worthwhile, but there's a lot more work to be done at the pointy end of the pathways, professional development, and around retaining the top prospects we already get before we looking to spend big to open up the mouth of that funnel. That's before you get to the Women's game which is where the initial bang for buck will probably be for this fund (depending on how investors elect to have their contributions directed).
That probably is a very long way down the track, and would have to follow the competition (super rugby or it's successor) first standing well enough on it's own two feet from a revenue perspective for it to make sense to use the proceeds in that way.
Strewthcobber
Michael Lynagh (62)
Before we all get too excited, this fund isn't to be used for rugby. A portion of the fee manager's annual fee will be used for rugby - it's a fraction, of a fraction of the total fund
So right now it's $120k a year, when they reach target, it's $1m a year. Might take the edge off some of the interest payments
Wilson
John Eales (66)
It's directed via the Australian Rugby Foundation based on individual investors choice (women's rugby, community, or high performance):
So early days it's going to be more things like $40k to retain a young talent, $10k grants to available to clubs for facilities, an extra $50k for Women's contract, etc. A lot will depend on the investors individual choice, at least initially.
Strewthcobber
Michael Lynagh (62)
I suspect $10k provided by ARF will be $10k less from RA's community rugby spend
Wilson
John Eales (66)
It might be in some cases, but it'll depend on what the payments are - there are plenty of aspects around the community game where RA already aren't spending anything, where the ARF money could be directed. That said, I'm doubtful too many investors will choose community rugby for the proceeds for their investment, they'd be more likely to contribute directly to local clubs if that was their intent.
Slim 293
George Smith (75)
My family back in Canberra, who have been Brumbies' members since the beginning, didn't even bother with buying their seats for the Lions' game due to the cost, especially after already buying tickets for the tests.
Tomikin
Michael Lynagh (62)
I tried to get some, but was prohibited by only being about to buy 700 dollar ones and not be able to sit with my friends.
KentwellCup>ShuteShield
Johnnie Wallace (23)
I've just been holding out for prices to go down. Hoping that the initial price set does attract enough people and RA will be forced to sell tickets for cheaper closer to kick off if games not sold out.