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Brumbies to go commercial

By johnboy - 19 June 2012 0

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The Brumbies have announced Dr Michael Crawford plans for the governance of the ACT & Southern NSW Rugby Union.

Dr Crawford’s report contains five primary recommendations:

• The Brumbies (team and commercial business) be managed through a wholly commercial entity separate from ACT&SNSWRU, to which ACT&SNSWRU leases the intellectual property and management rights for the Brumbies, while retaining ownership of those rights.

• ACT&SNSWRU be conducted as a volunteer driven organisation, focused on actively managing the health and growth of Community Rugby in the ACT and Southern NSW.

• The licence fee from the new Brumbies organisation is set as a proportion of its revenue, at a level that ensures a substantial increase in resources available to Community Rugby.

• The licensing arrangements also include a share of any increase in the value of net assets of the Brumbies organisation (including net of any capital contribution by other parties).

• ACT&SNSWRU decide whether to seek private investors to manage the Brumbies or to establish a Rugby community aligned entity for that purpose.

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