JSRF10
Dick Tooth (41)
Merts as kicking coach
Lessons learned from last year by the coaching ticket, if we'd have kicked our goals we would have made finals. Even if it is only part time this is a step in the right direction
Merts as kicking coach
THE Waratahs' financial position is so unstable and precarious that rain on a couple of home-match nights this season might be all it takes to drive the Super Rugby franchise to the wall.
Waratahs chief executive Jason Allen told The Australian yesterday that while he did not subscribe to the panicky talk surrounding the NSW franchise, its finances were unsustainable. "Do we have enough cash to get through this season? At this point, yes," Allen said. "Can we sustain it? No."
He admitted that the Waratahs literally had nothing set aside for a rainy day, which will make for jittery officials on each of the side's eight home matches. "Sponsorships and match-day attendances are the big variables," he said. "We don't have any provisions (for rain-affected gates)."
Allen said the franchise's financial position was "50 per cent worse off" than at the corresponding period last year, primarily as a consequence of the loss of HSBC as full naming-rights sponsor.
The Waratahs subsequently have taken on Volvo as a front-of-jersey sponsor and have just signed an agreement with an as-yet-unannounced back-of-jersey sponsor while Allen has high hopes of also securing a sleeve sponsor in the near future.
But the sum of all the parts is still considerably less than the HSBC whole.
http://www.theaustralian.com.au/spo...t-breaking-point/story-e6frg7o6-1226813357724
What a frigging classic.Im not sure what to make of this article, if you run a business and you can foresee a downturn in income you accordingly reduce your expenditure as well.. It was known for the majority of the 2013 season that HSBC were not going to drop the sponsorships in 2014 so it can't be argued they were caught unaware.
For example, the signing of Jacques Potgieter who's wage I'm assuming is in the 300'000 - $400'000/year range wasn't a absolutely necessary signing,
He is a bonus to the squad but it wouldn't be amiss if he wasn't signed. Should that money have been saved or he is in an investment which will generate returns by taking the Tahs to the finals?
You just can't get good interns these days..
They can just keep wearing those sleeveless training shirts: makes it hard to get an illegal arm bind in the scrumIf they don't find a sleeve sponsor, maybe they can print a job ad for the next unpaid intern on the sleeve.
I was told he was going to be helping out with kicking @ Easts - do you know if this will impact on his ability to do that?This is the Tahs media release about Mehrtens
*
Jesus. at least on field's looking up but if its another year were the Tah's Hype alot but dont show up looks like an ARU bailout.
not on one player anywayI was told he was going to be helping out with kicking @ Easts - do you know if this will impact on his ability to do that?
I was told he was going to be helping out with kicking @ Easts - do you know if this will impact on his ability to do that?
Im not sure what to make of this article, if you run a business and you can foresee a downturn in income you accordingly reduce your expenditure as well.. It was known for the majority of the 2013 season that HSBC were going to drop the sponsorships in 2014 so it can't be argued they were caught unaware.
For example, the signing of Jacques Potgieter who's wage I'm assuming is in the 300'000 - $400'000/year range wasn't a absolutely necessary signing,
He is a bonus to the squad but it wouldn't be amiss if he wasn't signed. Should that money have been saved or he is in an investment which will generate returns by taking the Tahs to the finals?
I reckon they would have had an inkling that HSBC may not re-sign as sponsor towards the end of 2012 since the announcement was made in early 2013. So Tahs admin should have had plenty of time to consider various scenarios and budget accordingly.
<snip>
If the Waratahs were a listed company there would be investors calling for his head, ASIC would be investigating him and the share price would be bottoming out.