Rugby Australia is expected to start laying off staff as early as this week after finally completing its 2019 financial report.
The heartbreaking decision to cut jobs looms as the only way the cash-strapped code can survive in the future even after getting the thumbs up to continue operating from its accountants KPMG.
Despite being declared solvent – pending the approval of the Australian Securities and Investments Commission (ASIC) – RA remains in a dire financial position after failing to secure a new broadcast deal and paying out millions to Israel Folau after his messy termination.
Rewind the clock and watch Super Rugby classics with Kayo. New to Kayo? Get your free trial and start streaming instantly >
Players, coaches, executive…
Read the full article at: https://www.qt.com.au/news/rugbys-ugly-blueprint-to-survival/4027241/