[QODLink]
Sport
Australian rugby axes ARC
After just one year the dream of a nationwide rugby competition is over.
Last Modified: 18 Dec 2007 15:13 GMT

Crunch time: For the ARU the numbers simply didn't
add up [GALLO/GETTY]
Australia has dropped its flagship domestic rugby competition, the Australian Rugby Championship, after a single season in which the tournament lost more than $3.4 million.

A review of the ARC showed the series had exceeded the Australian Rugby Union's budgeted investment by more than $1.7 million and was forecast to lose a further $2.9 million next season.

The ARU said sustaining a total loss of $6.8 million in just over two season would be fiscally irresponsible.

"Strong leadership is paramount to the success of our game and, to that end, there are times when tough decisions need to be taken," ARU deputy chief executive Matt Carroll said.

"Continuing with the ARC was considered by the (ARU) board to be an untenable financial risk for the ARU and rugby as a whole."

Source:
Agencies
Topics in this article
Organisation
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
Anti-government secrecy organisation struggling for relevance without Julian Assange at the helm.
After decades of overfishing, Japan is taking aim at increasing the number of bluefin tuna in the ocean.
Chinese scientists are designing a particle-smashing collider so massive it could encircle a city.
Critics say the government is going full-steam ahead on economic recovery at the expense of human rights.
Spirits are high in Scotland's 'Whisky Capital of the World' with one distillery thirsty for independence.
join our mailing list