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Did the Auditors reports highlight any concerns?
Alison, I reckon if you can get this to Alan Jones it will get all the media's attention.
Hanse might be able to give his contact details.
He would love the bit about grassroots funding as well.
provide a Sauce too, before anything given to Media I would suggest... but good work regardless Alison
The source is the ARU's own published accounts, which I have downloaded from ASIC's online 'shop' at a cost of $38 per set. The 2016 accounts haven't been uploaded to the ASIC site yet but the ARU's CFO very kindly sent me a copy when I asked if he could let me have a copy of the notes referred to in the summary statement in the ARU's 2016 Annual Report.
I am not an accountant so my summaries are limited but there is no avoiding the fact that if anyone has been "propped up" by the ARU (as Clyne put it in THAT interview on Kick and Chse on 11 April) it's the Melbourne Rebels; and by some margin too.
Proudly Western Australian; Proudly supporting Western Australian rugby
In essence most auditors only highlight money that hasn't gone where it's been reported to yo. Ie cooking the books.
(I mean they'll also report on Little things like trading whilst insolvent and stuff like that, but for most businesses that aren't going to fall on their face in the next reporting period) it's pretty much are you trying to hide anything from your stakeholders.
If they've Put the money where they've said it's going, most auditors will be ok unless a fund that's named to imply it should have money has "leaked" money to an unknown destination.
C'mon the
Problem is.....this has all been reported. (ARU complain they've spent $28mil on super teams in the last five years - 85% on the Rebels!) As has Fox's request for the ARU to axe the Force (to save Fox money) in exchange to keep the broadcast license fees the same for 4 teams as it is for 5.
But media (eastern states mainly) don't seem to care or a no good at their jobs
I guess I want it out there that if Super Rugby in Aust isn't "financially viable" in its current format, that's not because of the Force; it's entirely because of the Rebels. Chucking us out because they and others made a right mess when bringing in the Vics is an outrage. It'll hardly impact the current bottom line and will kill rugby in WA for a generation.
It seems to me that WA has done everything that was expected from it when the ARU expanded the competition to include us and has done it on a shoestring budget as far as the ARU is concerned. To be felled at the knees for that suggests to me that this isn't really about finances or the talent pool; it's about vested interests and backroom deals. Pure and simple. And that's what I want to try and prove with the figures.
Proudly Western Australian; Proudly supporting Western Australian rugby
yar, several at Fox, plus all three eastern states News ltd papers