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On the eve of the launch of the 2014 Super Rugby season Australian Rugby Union boss Bill Pulver concedes the competition will run at a loss this year.
Heading into a difficult year financially for Australian Rugby, Pulver told Grandstand that Super Rugby poses the biggest financial challenge for the ARU.
"Super Rugby will lose money in 2014, but we are putting plans together to try and address that," Pulver said.
"On one hand we have an incredibly vibrant competition with five Australian teams playing in the best provincial competition in the world. We are just trying to get the financial model right."
Read more: http://www.abc.net.au/news/2014-02-1...r-says/5252600
Good thing John O'Neill isn't in charge anymore or he might cancel the competition.....
It's all the union's fault!
Labour and their cronies the unions, especially RUPA have strangled an honest business with their high wage demands.
Bring back Work Choices I say! The bastards should be grateful they even have a job in these tough economic times!
It's a worry when we're losing money on our supposed cash cow...