His stance wasn't about how much money he would lose, it was about the disgraceful administration by the governing body and why all the players should bear most of the future financial brunt of that.Is there a player left in the comp that would lose more than him wiith the proposed pay cuts ? Doubt it . That might be the reason ?
I love supporting Manly and have nearly smashed a lot of tvs over the years watching footy so im sometimes pretty passionate when it comes to to the Sea Eagles but cant help feel weve all been conned by the dodgy nrl and their unfair practices forcing clubs to have to streamline their operations and rely heavily on memberships and merchandise when all along they spend $181mil p/year on faaark knows what. Not only should the players be demanding to see the cooked books but us fans should also demand to have a say in how the moneys spent. Do the nrl even publish their yearly accounts like a publicly traded company. If not then they should. Afterall we are all shareholders in the game.
Quite literally ... what the living eff were they spending $500,000 per day on?
I thought it was illegal to spend member's super contributions? should not the police now become involved in the NRL superannuation fraud?
It’s not a Superannuation Fund as licensed by APRA so doesn’t fall into that legal category.Mate, I agree with you 100% on your assessment of the NRL on wastage and incompetence ...
But the matter of the "missing" retirement fund money is a non event .... it has been well established that a total amount, .. (being about $5mil a year) ... had to be paid into the fund over the period of the broadcast deal .. there was no requirement to pay this money in yearly instalments ... the NRL would have been within their rights to pay the total lump sum on the last day ...
So, whilst the NRL hasn't done anything illegal .... it' smacks of poor house keeping and business practice ... a side effect of delaying yearly payments is also that the retirement fund does not get the benefit of any accrued interest in the monies ... poor show all round ..
PSS ... I suspect the decision to stop annual contributions was made about the time the banks told GreenTurd he was dreaming when he approached themfor a $30mil loan ... to tide them over ..
Ive been banging on about todd and his ivory back scratches for years.
And he flies first class to melbourne weekly to hang out with the storm, theres diamond rings, hall of fames, bunkers, review the reviewers, court cases against manly, private investigators looking into manly related stuff, court cases against players , some of them manly, checking manlys sponsors
And the changing of the rules seminars that occur yearly ,flying in the supercoaches to make it better for tv
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