The players’ union has given the NRL the green light to amass $300 million in assets as part of its final proposal to end rugby league’s long-running pay war.
In the most significant concession after months of wrangling, the Rugby League Players Association has tabled a deal to Australian Rugby League Commission chairman Peter V’landys and NRL chief executive Andrew Abdo which will allow the game to safeguard its future.
It essentially will allow the NRL to use any extra revenue it generates above projections to build a suite of assets, such as Brisbane’s five-star Gambaro Hotel it bought last year in a reported $25 million deal.The RLPA announced on Wednesday it had sent a final settlement proposal to V’landys and Abdo after former Fairfax Media and News Corporation executive Brett Clegg wrote to club bosses last month expressing frustration with the glacial negotiations.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NRL issue clarification about controversial rule after confusion across the leagueThe NRL has reminded bunker officials to take more time on calls for hip-drop tackles and to not sin-bin players if they have any doubt on whether there is foul play. NRL 7NEWS
Read more »
NRL's Indigenous Round launched after formalising support of Voice to ParliamentA week after announcing its support of the Voice to Parliament the NRL has launched its Indigenous Round with this year's edition focusing on 'moving forward together'.
Read more »
Dragons face significant overhaul if club is to emerge from NRL mediocrity | Nick TedeschiMajor roster and cultural changes are required after Anthony Griffin’s underwhelming coaching tenure was brought to an end
Read more »
Rugby league great slams the NRL for a ‘lack of understanding’ during Indigenous Round‘This week is once again an example of the people who run the game only giving respect to the people that play the game.’ 7NEWS
Read more »
‘For approval’: How one statement has revealed so much about flood inquirySome of the land that Wimbush in 2015 ruled could be built on had, in 2022, flooded. Forty-seven newly built retirement villas in Avondale Heights on that land were hit by the rising water in October.
Read more »
Buyer of record-busting $37m Byron Bay home revealed - realestate.com.auThe buyer of Byron Bay’s incredible luxury escape The Range, which sold for a record $37m has finally been revealed.
Read more »