Results 1 to 12 of 12

Thread: RugbyWA Announces Million Dollar Surplus

  1. #1
    RugbyWA News Feed RugbyWA's Avatar
    Join Date
    Jul 2006
    Posts
    400
    vCash
    5000000

    RugbyWA Announces Million Dollar Surplus

    At its Annual General Meeting held last night, RugbyWA declared a trading surplus of $966,131 for the 2007 financial year.

    More...

    0 Not allowed! Not allowed!

  2. #2
    Champion MI5_Dog's Avatar
    Join Date
    Feb 2008
    Location
    Rockingham
    Posts
    1,728
    vCash
    5000000
    I remember reading about how the other associations aren't doing so well fiscally.

    This announcement may annoy some eastern states people.

    0 Not allowed! Not allowed!

  3. #3
    Veteran BLR's Avatar
    Join Date
    Dec 2007
    Posts
    2,759
    vCash
    5004000
    Quote Originally Posted by MI5_Dog View Post
    I remember reading about how the other associations aren't doing so well fiscally.

    This announcement may annoy some eastern states people.
    It's funny considering the amount of times the NSWRU have had to be bailed out by the ARU.

    0 Not allowed! Not allowed!

  4. #4
    Veteran Contributor JediKnight's Avatar
    Join Date
    May 2006
    Location
    Perth (West Leederville)
    Posts
    4,710
    vCash
    5000000
    Does that mean we'll get a reduction in membership costs next year?

    0 Not allowed! Not allowed!
    CHEERLEADERS ROCK!!!


  5. #5
    Immortal Contributor jono's Avatar
    Join Date
    Sep 2007
    Location
    Brisbane
    Posts
    10,554
    vCash
    5000000
    good question!

    0 Not allowed! Not allowed!

  6. #6
    Immortal GIGS20's Avatar
    Join Date
    Sep 2006
    Location
    Rockingham
    Posts
    20,508
    vCash
    1296000
    That's great news, and If it doesn't translate to cheaper memberships I don't care! Every cent they make goes straight back into rugby in the state and my son benefits from that!

    0 Not allowed! Not allowed!
    C'mon the

  7. #7
    Immortal Contributor jono's Avatar
    Join Date
    Sep 2007
    Location
    Brisbane
    Posts
    10,554
    vCash
    5000000
    i realised as i hit post i dont pay for my membership
    onya dad.

    0 Not allowed! Not allowed!

  8. #8
    Champion KenyaQuin's Avatar
    Join Date
    Apr 2006
    Location
    Perth
    Posts
    2,264
    vCash
    5000000
    Quote Originally Posted by JediKnight View Post
    Does that mean we'll get a reduction in membership costs next year?
    ..is a rhetorical question.

    Good to see RugbyWA's in the "black" and looking at pumping it back into the grassroots. Hopefully they'll be able to add afew $$ to their advertising campaign and create a larger community awareness. This year's attendance at the "Meet and Greet the players Day" was a little sad and bare. Similarly, the crowd at the Official Launch of the 2008 Merchandise was deplorable, again I got loads of pics but would rather be fighting with the crowd than feeling embarassed.

    0 Not allowed! Not allowed!

  9. #9
    Legend Contributor Thequeerone's Avatar
    Join Date
    Apr 2006
    Location
    Wanneroo
    Posts
    5,348
    vCash
    5000000
    What we get according to interview with Geoff Stooke by Dave Hughs we get:

    free insurance for all players in the RugbyWa local comp (to be insured you must fill in your registration from which is due today !)
    reserves for the move from perry's lakes to AK Reserve - believe it or not the government is actually giving RugbyWa 18 million for the move - guessing that it is a grant which is normally 80% of the cost - so RugbyWa probably need 2million in cash themselves and then some

    In the same article he also said that the biggest challenge facing RugbyWa was the public dissatisfaction with Subico Oval

    0 Not allowed! Not allowed!
    61 years between Grand Slams Was the wait worth it - Ya betta baby

  10. #10
    Veteran BLR's Avatar
    Join Date
    Dec 2007
    Posts
    2,759
    vCash
    5004000
    Quote Originally Posted by Thequeerone View Post
    government is actually giving RugbyWa 18 million for the move
    Wait, can't we take this to put into Members Equity?

    0 Not allowed! Not allowed!

  11. #11
    Immortal Contributor
    Moderator
    travelling_gerry's Avatar
    Join Date
    Feb 2006
    Location
    Perth, Western Australia, Australia
    Posts
    18,483
    vCash
    5062000
    I read that this was after a cost of some $436,000 odd for the ARC which RugbyWA paid out of its own kick and didnt have to scab it off ARU...unlike some other Unions...

    0 Not allowed! Not allowed!

  12. #12
    Senior Player Contributor hopep's Avatar
    Join Date
    Apr 2007
    Location
    Leederville
    Posts
    592
    vCash
    5000000
    Oh NO, now the NSWRU will be chasing RugbyWA in court for "fees related to the training and develpment of players..."
    or any other way to get something for nothing.

    0 Not allowed! Not allowed!

Similar Threads

  1. RugbyWA Conduct Committee Findings
    By RugbyWA in forum Front Page News
    Replies: 75
    Last Post: 21-02-08, 19:15
  2. Losses put game at risk, warns O'Neill
    By Burgs in forum Wallabies
    Replies: 11
    Last Post: 14-09-07, 04:43
  3. Million Dollar Baby
    By Evie in forum Matt Giteau
    Replies: 8
    Last Post: 25-06-07, 06:40
  4. IRB announces strong financial results
    By Burgs in forum International Rugby
    Replies: 0
    Last Post: 22-05-07, 13:09
  5. Million Dollar Matt looking the Goods!
    By www.rugbyfobcast.com in forum Western Force
    Replies: 3
    Last Post: 31-03-07, 16:09

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •