LIVE

    Pulver supports public ownership model

    2016-11-02 13:22

    Sydney - Australia rugby chief Bill Pulver has approved the Western Force's idea of making the franchise open to public ownership in a bid to keep them in Super Rugby.

    RugbyWA announced the ownership model last week to "secure the future of the Western Force Super Rugby team... in direct response to mounting speculation that the (ARU) is planning to cut one of the five Australian Super Rugby franchise teams at the end of the 2017 season due to financial pressure".

    The model is based on community-ownership principals where 5000 ownership certificates are selled at a value of $AU1000. The certificates will not be transferrable, except to family members, while owners will be entitled to a range of benefits including "voting rights to an advisory committee and the new Western Force board of management" and "approval of the reappointment of key positions within the Western Force organisation".

    According to espnscrum.co.uk Pulver is "encouraged by the efforts coming out of the west".

    "If there is strong financial support for any franchise that gave it a clearly sustainable financial future... I'm all ears," The West Australian quoted Pulver as saying.

    "The dialogue that's going on out west is incredibly relevant. If there is some new news that goes to the heart of our financial sustainability I want to hear about it.

    "If there is any new financial news that could impact our final decision, if they are able to find potential partners or plans that result in a more sustainable environment for rugby, that's a great thing. To me it would be an important piece of the overall mix."


    Read More On:  aru rugby

    What To Read Next

    Read News24’s Comments Policy

    Live Video Streaming
    Video Highlights
    Sport Talk

    Fixtures

    Saturday, 17 February 2018
    • Stormers v Jaguares, Cape Town 15:05
    • Lions v Sharks, Emirates Airlines Park 17:15
    Friday, 23 February 2018
    • Highlanders v Blues, Forsyth Barr Stadium 08:35
    • Rebels v Reds, AAMI Park 10:45
    Saturday, 24 February 2018
    • Sunwolves v Brumbies, Prince Chichibu Memorial Stadium 06:15
    • Crusaders v Chiefs, AMI Stadium 08:35
    • Waratahs v Stormers, Allianz Stadium 10:45
    • Lions v Jaguares, Emirates Airlines Park 15:05
    • Bulls v Hurricanes, Loftus Versfeld 17:15

    Results

    No results are available

    Logs

    Rank Team P W Pts

    Opinion Poll

    The 2017 Super Rugby tournament has reached its quarter-final stage. When all is said and done, who emerges victorious?

    The ultimate Super Rugby quiz!

    TAKE THE QUIZ
    There are new stories on the homepage. Click here to see them.