Summit Fitness
Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/
read moreThe NRL has agreed on a recovery plan that will see the League reduce its operating costs by 53% over the remainder of the year while clubs will each receive $2.5 million to help them survive financial impact of Coronavirus pandemic.
Announcing the plan, Australian Rugby League Commission (ARLC) Chair Peter V’landys and NRL Chief Executive Todd Greenberg said the plan provided funding certainty for the remainder of the 2020 season.
The deal, unanimously supported by all 16 NRL clubs, was created on the back of a significant whole of game cost reduction. It will see the clubs gain access to funding via a $40 million rescue package - equivalent to three months' costs - should the season fail to resume this year.
Dealing with a worst-case scenario for the competition as a result of Coronavirus that see the 2020 Telstra Premiership competition not resume, the deal includes two months' pay for the players under a proposed 75% pay cut.
The ARLC last week informed clubs that it had enough funds to pay their monthly club grants of $1.2 million for the next three months.
But, following meetings with the Rugby League Players Association over the last week, it is understood players will get two months' pay to last the next seven months.
A quarter of the players' pay will come from the game's injury-hardship fund, while it is expected a tiered pay cut will be applied to protect minimum-wage players.
Clubs will also cap their football department spending while the NRL’s head office will reduce operating costs by 53% with executive salaries cut by 25%.
Advising that he nonetheless remains hopeful that the competition could resume in July, when lucrative broadcast payments would also recommence, V'landys stated “we have a consolidated plan and, working with the clubs and the players, are united in our efforts to do all we can to protect rugby league.
"We had no option but to stop the competition in the wake of advice from our biosecurity and pandemic expert, but remain optimistic that the season will restart as quickly as possible, ideally by July 1. If that isn’t possible, then we need to be prepared for all contingencies.
“The crisis has highlighted that the game’s present cost structure is not sustainable and the ARLC will lead by example in substantially reducing its costs now and into the future.”
Greenberg said although the decisions involved short term pain, the measures would protect the sustainability of the game and set it up for the future, adding “we are working together to achieve the best outcome in the short, and long term.
"We must use this opportunity to reset the game's costs and overall structure.
“These measures will put the game in the best position to rebound strongly from the pandemic.”
The NRL says the total $40 million rescue package would be an increase of $6.4 million to its planned budget for the 2020 season.
29th March 2020 - AFL and players agree pay-cut deal through Coronavirus shutdown
27th March 2020 - NRL and state leagues announce cancellation of competitions and representative programs
26th March 2020 - NRL players face 87% wage cut as clubs stand down staff and coaches
24th March 2020 - NRL announces season suspension
23rd March 2020 - Coronavirus Update: Aussie World, the AOC, Keep Gyms Open Petition, NRL, Queensland Art Gallery and Sydney Biennale - 23rd March
16th March 2020 - Vodafone Warriors to play NRL season matches in Australia
14th March 2020 - Queensland Country Bank Stadium hosts first NRL fixture
13th March 2020 - AFL and NRL seasons to go ahead behind closed doors due to Coronavirus fears
11th March 2020 - NRL’s Bulldogs lose $2 million sponsorship following player scandal
3rd March 2020 - NRL post second consecutive $30 million surplus
6th February 2020 - New 2020 club participation campaign launched for NRL
30th January 2020 - NRL expands Road to Regions program following bushfire crises
7th November 2019 - Ticketmaster to fund ticketing technology upgrade for NRL’s Sea Eagles
29th October 2019 - Eden Park to stage NRL and Super Rugby double header
20th October 2019 - NRL introduces new junior participation program
20th October 2019 - Sydney retains hosting of NRL Grand Final until 2046
21st September 2019 - Cronulla Sharks look to relocate to home of NRL rivals
30th August 2019 - Indigenous NRL All Stars match secured for Cbus Super Stadium
21st August 2019 - Queensland Government claims $20 million economic boost from NRL Magic Round
Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?
As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.
The Complete Guide to Leisure Industry Products & Services.
Summit Fitness Equipment is now part of NovoFit - see www.ausleisure.com.au/suppliers/novofit/
read moreBODY BIKE® International is a leading manufacturer of indoor bikes with a 20-year track record of creating the best indoor bikes. Stay connected with Body Bike Australia…
read moreAdvanced Aquarium Technologies (AAT) is a world leader in the design, construction, and operation of landmark public aquariums. Led from Queensland, AAT has delivered aquarium projects in over 25…
read moreProSlide is the global leader in water ride design and manufacturing, supplying high-performance water attractions to new and expanding water parks around the world. For over three decades, ProSlide…
read moreHydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…
read moreWith its sleek good looks and easy-to-use yet powerful functionality, Envibe is the premium fitness club software for the Australasian leisure, recreation and fitness industry. We are the most…
read morePico Play is a global leader in the planning, design, development and construction of world-class themed attractions and entertainment that deliver extraordinary and memorable experiences to millions…
read moreSwimplex Aquatics are a world-class company dedicated to the commercial pool, waterslide industry. We are Australian market leaders servicing all states Australia wide. Swimplex provide a full…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!