Loss of $9.8m is fourth meaningful loss in past five yearsRecent $285m broadcasting deal offers hope of rosier futureThe Australian Rugby Union has unveiled a five-year plan to grow the game,a day after announcing another loss on their annual accounts. The ARU posted a loss of $9.8 million (US$7.44 million) for 2015, which follows deficits of $7.5 million 2011, and $8.3 million in 2012 and $6.3 million in 2014. Related: Rival footy codes urge Sydney stadium summit after Baird blindside Related: Australian Rugby Union secures improved $285 million broadcast deal Continue reading...
Source: theguardian.com