Kelly Ryan, who took over as CEO last year, says the game must consider 'opportunities outside the sport' as it looks to rebound from its debts.
Netball Australia CEO Kelly Ryan has denied reports that the sport is on the verge of financial collapse but says it must look for "commercial opportunities outside the sport", which could include gambling sponsorships, as it works to repay its debts and stabilise the organisation.Netball Australia CEO Kelly Ryan says the pandemic is primarily responsible for $7.
Ryan says decisions such as selling the SN grand final to Perth and potentially taking money from gambling sponsorships are being made with this overall financial picture in mind "The reality is that gambling sponsorships are very significant and very lucrative in sports," Ryan said. "A lot of things have to make sense for a deal of that nature, but there are plenty of other commercial opportunities that sit outside the sport as well that haven't been materialised yet, and that is something we've got to take a really good look at.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netball Australia facing financial collapse after ‘bold decision’ backfiresThe boss of NetballAust has reassured players and fans the organisation is not going to collapse, following revelations the body behind the nation’s most popular female sport owes more than $11 million. 7NEWS
Read more »
Tension mounts as relationship between players and Netball Australia reaches boiling pointSuper Netball players remain shut out of the boardroom with no say on the big decisions regarding Australia's elite domestic competition, as the sport faces financial collapse. They say now is the time to take their deserved seat at the table after a series of controversial moves from the sport's governing body.
Read more »
Prawn season suffers 'worst season yet' as high fuel prices bitePrawn trawlers are being left at the ports as farmers struggle to fuel and staff boats amid what some say is the most dire season ever.
Read more »
Coinbase taps Ant Group executive to run Australia, NZUnder fire cryptocurrency exchange Coinbase is understood to have lined up a new boss for its Australia/New Zealand business.
Read more »
Australia's national electricity market has been suspended for the first time. How did it come to this?The national energy market has been fully suspended for the first time since its inception 24 years ago amid an energy crisis that's gripping Australia's east coast.
Read more »
Financial Review again ranked most trusted newspaper brandThe Australian Financial Review again has been ranked the nation’s most trusted newspaper brand amid an overall decline in trust in media.
Read more »