You'd imagine it will come out fairly soon.
Last year it was released in April.
Last year it was released in April.
The Awful Truth About The ARU's Financial Position
- Thread starter Scott Allen
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Maybe the report is being released right now?
Inside Shoulder
Nathan Sharpe (72)
BH you're the money man: that is a sh*tload - but the ARU remain on a war footing.
Talk me through that.
Talk me through that.
boyo
Mark Ella (57)
T
TOCC
Guest
I like to watch
David Codey (61)
They quote"ordinary business"
There are always extraordinary items.
Fx for example is always listed separately,often for larger amounts than $2M.
There are always extraordinary items.
Fx for example is always listed separately,often for larger amounts than $2M.
Spieber
Bob Loudon (25)
http://www.rugby.com.au/annualreport/2013/#/46
P47 has some analysis. Player payments seem to be main cause of the $19m increase in expenses.
P47 has some analysis. Player payments seem to be main cause of the $19m increase in expenses.
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TOCC
Guest
I support the Rebels and Super Rugby expansion, but the $5.5million provided in support to the Rebels is highly concerning...
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Train Without a Station
Guest
TOCC do you think having the Melbourne market adds close to $5.5million to the tv deal annually? If so it's surely a good price for the benefit of expansion
THE ARU recorded a $19.5 million surplus for 2013, but its financial future remains beholden to the next television broadcast deal.
http://www.foxsports.com.au/rugby/w.../story-e6frf55l-1226932323073?from=public_rss
http://www.foxsports.com.au/rugby/w.../story-e6frf55l-1226932323073?from=public_rss
It's certainly a much better position than 12 months ago which was essential given that it was a BIL Tour year.
The challenge for the ARU is to make sure the cash in the bank lasts a long while and it is spent on things that advance the game in the long run. Clearly the NRC is a big part of that and it will be important that it succeeds. Given that there are no big money spinners on the horizon, the ARU needs to be living within its means very soon.
The next two years should provide interesting financial results as we will see the effect of cost cutting within the ARU in terms of staff salaries and Wallaby contracts.
The whole Rebels thing shouldn't be much of a concern at this stage but it will be important how that progresses in the next couple of years. If the ARU has to keep providing funding then it will be a worry. If that initial $5.5m loan lasts a long time and the Rebels can get on a more sustainable financial footing it will be good news for Australian Rugby.
The challenge for the ARU is to make sure the cash in the bank lasts a long while and it is spent on things that advance the game in the long run. Clearly the NRC is a big part of that and it will be important that it succeeds. Given that there are no big money spinners on the horizon, the ARU needs to be living within its means very soon.
The next two years should provide interesting financial results as we will see the effect of cost cutting within the ARU in terms of staff salaries and Wallaby contracts.
The whole Rebels thing shouldn't be much of a concern at this stage but it will be important how that progresses in the next couple of years. If the ARU has to keep providing funding then it will be a worry. If that initial $5.5m loan lasts a long time and the Rebels can get on a more sustainable financial footing it will be good news for Australian Rugby.
Inside Shoulder
Nathan Sharpe (72)
So can I interpret that as "cautious optimism"?
Yes. I'd say so.
The Lions Tour delivered a huge bump in revenue and a lot of that extra revenue is still in the bank.
The next SANZAR TV deal will be crucial in terms of what the ARU can hope to do in the next half a dozen years.
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Train Without a Station
Guest
Pulver has worked on making the ARU sustainable on what they earn.
The Lions Tour profit provides contingency.
Any increase in TV Rights - which is highly likely (the level of which is the uncertainty) - will allow for growth, investment, consolidation.
The Lions Tour profit provides contingency.
Any increase in TV Rights - which is highly likely (the level of which is the uncertainty) - will allow for growth, investment, consolidation.
I hope the ARU is back on track and sustainable I would hate for the current tax on my 7 * Under 6s (Currently at $30 per player or $200 per team) to increase any further if it was unsustainable. Before this my club used to be able to offer registration @ $50 which included team photo, socks and shorts). The $30 per player fee represented an increase of 50% increase in registration, I would certainly hope they do not double this, another 50% increase in rego fees may have a huge impact on numbers.
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TOCC
Guest
I don't know the details of the $5.5million 'loan', but I thought the ARU already provides $4million to each province annually as part of the broadcast allocation..
Using your example wouldn't that mean Melbourne would need to add $9.5million to the broadcast rights annually... I believe the current super rugby rights are only worth $20million/annum to Foxtel.
Like I said, I support Melbourne and Super Rugby expansion, but the size of the assistance is concerning.
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