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Waratahs 2014

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Lee Grant

John Eales (66)
Waratahs Rugby Media Release
Thursday May 1, 2014

Waratahs Rugby confirms more than $1,000,000 contribution to grassroots rugby

Waratahs Rugby Limited has confirmed it contributed $1,083,278 to the community game for the year ending December 31, 2013.

Chairman Roger Davis told Tuesday’s Annual General Meeting at Moore Park that after payment of the grassroots contribution of $1.1 Million to community rugby, Waratahs Rugby Pty Ltd finished the year with a small loss of $96,325 (compared to a small profit of $64,745 in 2012) on revenue of $18,430,783, down marginally on 2012 revenue of $19,059,871.

The result comes after decreased funding from Australian Rugby Union, which incorporates broadcast revenues (down $200,000 compared to 2012) and a $652,399 reduction in professional rugby expenses.

Despite the loss, Mr Davis said the organisation was in a strong financial position and pointed out its unique position in Australian professional sport.

“The contribution to the community game is worthy of highlighting because, unlike other Super Rugby clubs where the community game is funded as a distribution below the line, the NSW Waratahs fund community above the line in the form of a franchise fee, which results in a direct impostto the club’s profitability.”

The result is the organisation’s first loss in three years, with 2012 seeing Waratahs Rugby announce an annual surplus of $64,745 (the state’s best result in six years) and 2011 returning a profit of $49,990.

“Despite a somewhat disappointing 2013 Super Rugby season when the Waratahs finished just out of the top six, the club is in a good state. We are very proud of the fact that we are able to contribute more than $1 Million into grassroots rugby across NSW.

Equally importantly, Mr Davis said the organisation was united behind a clear vision and set of goals.

“There is no doubt that 2013 was a highly competitive year, both on and off the paddock. These challenges will undoubtedly continue this season and beyond and I want to make it very clear that everyone involved with the club - our coach and his players, the CEO and his team, as well as the directors of the Waratahs and the NSW Rugby Union - is totally committed to ensuring we have a financially strong, vibrant and successful professional rugby organisation that is well positioned to successfully compete against other codes whilst also growing the game in the state of NSW.

“That is our commitment to our fans, our members and our partners.”

In closing, Mr Davis finished,

“ I would like to pass on my thanks to coach Michael Cheika and the Waratahs team, CEO Jason Allen and his team, and all rugby Board Directors, for their continued hard work and professionalism throughout what was another difficult year. Go the ‘Tahs in 2014!”

In response, CEO Jason Allen added an extended thanks to the team’s many stakeholders. “We are ever grateful for the terrific support we continue to receive from our valued sponsors, stakeholders, members and supporters.

“We are extremely grateful for their support in 2014 and in the years to come. We sincerely hope that we will repay that faith and dedication and give the NSW community a team and a club worthy of its passionate support.”

Notable achievements for 2013 included:

* Waratahs Rugby delivered over $7,000,000 in global media value for its sponsors (a 45 per cent increase versus 2012), the highest of any Australian franchise.

* Number one across all 15 Super Rugby franchises for back of jersey position exposure.

* Revenues from gameday increased by 2.8 per cent to $3,234,921.

* Gross sponsorship revenue came in at $5,451,528 (a shortfall of $328,128 versus 2012)

* Annual revenue from corporate hospitality concluded at $255,403, with Chairman’s Club now established as the premium sports hospitality offering in NSW.

* Member numbers were up 26 per cent versus 2012 to 11,050 with total memberships for the season hitting a record 18,502.

* Member satisfaction (as measured by the annual member survey) was 82 per cent, a huge rise from the 34 per cent recorded in 2012.

* Match attendances for the Super Rugby season averaged 16,949, the second-highest of all Australian franchises but down almost 20 per cent on 2012.

* The continued growth of the Tahs Together community program saw players and coaches make over 700 community visits, with highlights including: the team signing session at Rebel in Chatswood; the Junior Club Blitz that saw players visit all 54 of Sydney’s Junior Clubs; the four big Tahs Junior Clinics held across metropolitan Sydney; and the Tahs Komunity Project Surf Pro Am, a charity surf competition on Manly beach, supported by Volvo Cars and attended by over 10,000 people.

Waratahs Rugby Limited was established in December 2009 by NSW Rugby Union as a distinctly independent subsidiary, and granted a licence to administer all aspects of professional rugby in NSW, including the NSW Waratahs’ participation in the Super Rugby competition.

A full copy of the 2013 Waratahs Rugby Annual Report is available to download (PDF, file size 1.9MB)atwww.waratahs.com.au
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BPC

Phil Hardcastle (33)
Slightly off topic to current convo - but my members password for waratahs tickets (50% off) isn't working anymore. It was Believe2014, but that doesn't seem to work anymore.

Anyone else having the same problem?

Believe2104?


Sent from my iPad using Tapatalk
 

Quick Hands

David Wilson (68)
World Cup-winning former Wallabies coach Bob Dwyer is behind a private equity bid to take over the Waratahs.
A day after Waratahs Rugby announced its first loss in three years, Dwyer confirmed he and a small group of Sydney-based associates were in talks with the Australian Rugby Union and the NSW Rugby Union to take over the licence to run the Super Rugby club sometime in the next 18 months.


Read more: http://www.smh.com.au/rugby-union/union-news/bob-dwyer-in-bid-for-private-takeover-of-nsw-waratahs-20140502-zr348.html#ixzz30XKrlzvi


What should we make of this?

Bob could hardly do any worse than the current mob.
 

Pfitzy

Nathan Sharpe (72)
Josh Holmes showing why he isn't sporting a Super Rugby contract on ABC right now. Stupid flick passes, stupid box kicks, general bad option taking.
 

Pfitzy

Nathan Sharpe (72)
Australian 20s were in Samoa yesterday, so clearly he isn't right at this moment.

So the monkey is off the back for a couple of weeks, as we watch other games unfold to see where our final push towards a finals spot can materialise.
 

Piglet

Herbert Moran (7)
Hi All,

I am amused at the infighting and the nonsensical article I read from Rebecca Wilson on the weekend.

Its quite obvious that this article has been written as a slap on Mr Allen's wrist for daring to mock the Trust and its inadequacy. On googling who the members of the trust are, I literally laughed out loud when I realised why Ms Wilson was on the attack. Women are like lionesses when they defend their partners ;)

I didn't realise that there was a connection between the "journalist" and a SCG trustee. Are there no journalistic principals that require them to disclose conflicts of interests of this nature in their articles?

Sheesh.

Thanks for the info, Nick.
 

Piglet

Herbert Moran (7)
Read somewhere that the Tahs have only one official public signing session this season - and that was at an Amart sports store (opening) last week.

I understand that they have other fan "interaction" days, such as their trip to the bush earlier in the season, but I think it's pretty poor form to have only one official day to meet the fans.

No doubt when we make the finals, there will be a fan day put on. ;)
 

Pfitzy

Nathan Sharpe (72)
I think that was the only "full" signing when everyone would be there. The others have been piecemeal because there are other sponsors for e.g. Folau and boot manufacturers etc

If we get into the finals the publicity machine better pull out all the stops, particularly if a top two finish is on
 

Bruce Ross

Ken Catchpole (46)
Waratahs Rugby Media Release
Thursday May 1, 2014

Chairman Roger Davis told Tuesday’s Annual General Meeting

Notable achievements for 2013 included:

* Gross sponsorship revenue came in at $5,451,528 (a shortfall of $328,128 versus 2012)

* Match attendances for the Super Rugby season averaged 16,949, the second-highest of all Australian franchises but down almost 20 per cent on 2012.
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Oh well done, Wodger. Match attendances "down almost 20 per cent". Our esteemed Chairman displays a subtle wit in listing that among the "notable achievements".

One thing I think he should be commended on is his harmonious working relationship with CEO, Jason Allen. Often you will find Chairman/CEO tension as both compete for the limelight, but here we have a pair who are equally self-effacing in terms of giving media interviews, issuing press releases, attending Shute Shield games and pressing the flesh with the punters.
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Braveheart81

Will Genia (78)
Staff member
It's going to take a while to recover from the disaster that was 2012, but I feel like we've felt the full brunt of the lost crowds in 2013 and 2014 from it and things will hopefully improve from here if the team keeps playing attractive rugby and has more games like the one against the Hurricanes and less like the one against the Blues the weekend before in Auckland.

Obviously finances are in a precarious state, but if we can get through this season and make the finals, it should set next year up to be decent.

There's been a huge change in sponsors after HSBC left and whilst they scrambled to get them in place in time, I think there has to be some credit for securing the 2014 sponsorship we have.
 

Richo

John Thornett (49)
The trust has an ambitious master plan – which follows on from the $197 million new Noble, Bradman Messenger Stand at the SCG – to include a full upgrade and a ‘‘clear membrane roof’’ at Allianz, making it the country’s first naturally lit enclosed stadium.

‘‘A lot of people who visit the Sydney Football Stadium have had the experience of visiting Suncorp Stadium and obviously the way that everything works there in terms of the facilities in the stands and the ease of getting in and out of the ground and things like that. It’s a great example of a well-structured venue," Waugh said.

"Something along those lines is needed in Sydney and, having the venue there at the Sydney Football Stadium, it’s the perfect location for what I believe can be one of the great rectangular sports venues in the world.’’


Fuck the clear membrane roof, just give me a decent beer in a 5 minute queue.
 

Pfitzy

Nathan Sharpe (72)
Forsyth Barr stadium in Dunedin is the ducks nuts - if we can get a covered ground then I say do it!

But please, no more Homebush deals unless you get double the money.
 
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