NRL confident of resolving clubs dispute

[mozgrame]

ARL Commission chairman John Grant is adamant the governing body will resolve a bitter dispute with clubs after revelations a cashflow issue will impact NRL handouts at the end of the year.

Grant on Thursday admitted the NRL would have problems committing to increased club payments beyond November, as the game awaited the new broadcast revenue to kick in.

It was initially believed an extra 30 per cent of next year's salary cap - believed to be around the $9 million mark - would be given to the 16 franchises as part of their club grants.

However, club chief executives and chairpeople were told on Wednesday at a scheduled meeting at league headquarters that the governing body would struggle to meet the timeline.

Grant, who was absent from the meeting, denied it was a funding shortfall.

"We've got an acknowledged issue with the NRL's cashflow and that primarily exists because the advances we've had from broadcasters have been paid to clubs," he said on Thursday.

Read more...http://www.sbs.com.au/news/article/2017/05/18/nrl-confident-resolving-clubs-dispute

 

[jbb/james]

In the words of gus goulding
WOW
Cash flow problems or fiscal mismanagement . They obviosly talked up a good game to the clubs and are now under delivering in spades. There needs to be an investigation and the clubs should demand an audit.
I dont really know what role grant plays. The whole set up is shrouded in unknown, very much like the rules, the judiciary, the refs,but he is the dick that hired greenberg and for that he should be sent packing.

 

[The Who]

Aussie cricketers threatening to strike over money...
NRL players demanding more cash. . . .
A crowd of 10,000 at Brookie (sorry LottoLand) now considered acceptable . . .
Does anyone think sport was worth watching more in the days of amateurism?

 

[Frogz]

If the players keep getting it all and the clubs aren't forced to bank something, what changes...bigger losses.