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Rugby League World Issue 402

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NRL clubs get boost as ARL Commission announces $2 million increases in annual grants.


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#1 boxhead

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Posted 01 November 2012 - 09:12 PM

NRL clubs will each receive an immediate $2 million injection thanks to the $1 billion broadcast deal signed earlier this year.

All 16 clubs will potentially have a funding package of $7 million to help balance the sheets in 2013, the ARL announced on
Wednesday.
Most notably, the base grant provided to all clubs has risen dramatically from $3.85 million to $5.85 million for 2013.
The deal was signed off on Wednesday after consultation between the Australian Rugby League Commission (ARLC) and the
club council.

"It is something that will provide the clubs with the ability to invest in their businesses for growth and it provides security for
players and fans," interim chief executive Shane Mattiske said in a statement.
"The first of the six pillars of the strategic plan announced this week states that clubs should be sustainable and resourced to
perform and grow and this is a direct investment in that outcome that we are pleased to deliver.


Link
http://www.foxsports...6-1226507814512

Edited by AndyCapp, 01 November 2012 - 09:13 PM.


#2 markleeds

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Posted 01 November 2012 - 10:13 PM

Any chance some of that money could find its way to the RLIF?




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