Salary Cap

[Coxy]

Re: Salry Cap

The NRL's responsibilty currtently is to News Ltd, whose ownership of this asset we call the NRL is where the $$$ the clubs could desperately use is being siphoned off to.

^^^ this.

So when the independent commission takes over and News steps out of its ownership of the NRL, the situation becomes a lot freer.

 

[Flutterby]

Re: Salry Cap

There definitely needs to be an independant audit - but it needs to be done by Forensic Auditors. These guys don't take any shit and once engaged they have the right to walk into ANY room in the building and go through ANY file as well as the home offices of ANY executive and the bank accounts of ANY employee and ANY partnership or sponsor company. They do not have to ask permission.

 

[Coxy]

Re: Salry Cap

Yep, but I think there needs to be some evidence of a situation like this to enable them to call forensic accountants in. So the NRL's initial audit would have to reveal some inconsistencies that justified that action.

You couldn't just annually have a forensic accountant come in and demand looking at player accounts and tax records etc.

 

[Flutterby]

Re: Salry Cap

No but maybe periodically - every 5 or 10 years clubs undergo a forensic audit instead of just a regular audit. Or maybe each year a couple of clubs cop a forensic audit, while everyone else undergoes a regular audit.

If you have nothing to hide you have nothing to fear.

 

[Coxy]

Re: Salry Cap

No but maybe periodically - every 5 or 10 years clubs undergo a forensic audit instead of just a regular audit. Or maybe each year a couple of clubs cop a forensic audit, while everyone else undergoes a regular audit.

If you have nothing to hide you have nothing to fear.

Agreed.

 

[Nashy]

Re: Salry Cap

Get rid of the cap. Get rid of the useless teams who can't make money. If the teams that are that useless need to fold, the NRL buys them out, or they sell to someone who can run a business.

Footballers are not trained to run a business with so much money flowing through, they need business men, not meat heads.

 

[QUEENSLANDER]

Re: Salry Cap

Arent the broncos the only profitable club in the game, so if the cap was removed most clubs would be in trouble

 

[Nashy]

Re: Salry Cap

It would force these buseiness' to find revenue somewhere else, rather than relying on everyone else to help them.

Make them public, invest, do what it takes to make money. Sponsors aren't going to save you.

 

[Meat77]

Re: Salry Cap

It would force these buseiness' to find revenue somewhere else, rather than relying on everyone else to help them.

Make them public, invest, do what it takes to make money. Sponsors aren't going to save you.

Why should they though? Surely the governing body should be the one to make money rather than the onus being on the clubs themselves.

I'm not saying that clubs should bleed money by any means but it's certainly not uncommon in world sport for most sporting clubs to be wholly reliant on the governing body for survival - after all, it's in that governing body's best interest to keep clubs viable otherwise there's no competition.

 

[Nashy]

Re: Salry Cap

Why should the NRL have to pay for poor business decisions by their clubs? If a CEO of a company is shit, he gets fired.

If what you say is indeed the case, then there should be no boards within the NRL clubs. The NRL board should be controlling all of their financial affairs.

 

[gUt]

Open the clubs up to private/public ownership.

 

[Meat77]

The thing is though sporting clubs only have limited ways to make money - gate receipts, sponsorship, leagues club grants and membership to name 95% of it. It would be great if every club had the support both publicly and corporate-wise like the Broncos do but the reality is that in Australia especially that will never happen.

Why sports teams in America are profitable generally speaking comes down to the sheer population in each city that teams are placed - if our population was 10 times bigger it would be infinitely easier for sporting clubs in all codes to make money. Right now the only solution would be to have a 8 team comp like the A-league and have everyone play each other ad infinitum like they seem to - I certainly don't want to see that.

 

[gUt]

And yet the AFL seems to do ok. What is RL doing wrong?

 

[Emma]

People in Victoria have nothing else to live for other than AFL though.

 

[gUt]

...and South Australia and Tassie and WA and NT.

 

[Meat77]

And yet the AFL seems to do ok. What is RL doing wrong?

I think the AFL certainly has more than it's fair share or unprofitable clubs. But also, they have a real membership culture in their game, coupled with the fact that AFL doesn't translate particularly well to TV hence their higher crowd figures.

The fact that it is the only truly National competition we have of course doesn't hurt with the increased sponsorship and TV dollars they get.

 

[gUt]

So then clearly expansion is the answer, which must mean the relocation of clubs who can't survive in their current market.

 

[mal]

And yet the AFL seems to do ok. What is RL doing wrong?

I think the AFL certainly has more than it's fair share or unprofitable clubs. But also, they have a real membership culture in their game, coupled with the fact that AFL doesn't translate particularly well to TV hence their higher crowd figures.

The fact that it is the only truly National competition we have of course doesn't hurt with the increased sponsorship and TV dollars they get.

And players have nowhere to defect to. League players have.. as it stands.. AFL, ESL, Union (In Australia, Japan, France, NZ etc) Who all have more money than the NRL does.

If I am an AFL player and I want more money.... I can go get a day-job. Beggers can't be choosers.