Aussie Pro Rugby
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The Rugby Future Fund will target a $100m capital raising according to initial pitch documents seen by The Weekend Australian, which show plans to donate 1 per cent of its gross assets per year to the Australian Rugby Foundation (ARF).
Renowned stockmarket investors such as David Paradice, Geoff Wilson, Phil King and up to a dozen others are named on the documents as having given in-principle support.
The funds would be invested with the fund managers on a pro-bono basis, on a similar basis to the ASX-listed Future Generation fund that donates to youth at risk and mental health charities.
The Rugby Future Fund says its money would be earmarked for “community and diversity, women in rugby and high performance”, the pitch document says.
Money raised will target development of the women’s code and try to encourage broader participation in the men’s game, which is currently played predominantly in the country’s most expensive private schools, and specifically target players of Indigenous and Pacific Nations heritage.
The pitch document says it will focus on “high performance” and “building a sustainable system for winning that is consistent from top to bottom”.
Funds would go to support community rugby, clubs and schools to “grow the number and diversity of people participating”, “accelerate growth and enhance opportunities for women and girls” and “develop and retain young talent” at higher levels.
The fund managers would predominantly invest in Australian stocks in what would be an open-ended unit trust.
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So who is giving up the cash?
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Maybe that explains part of it?
It does seem like a change in emphasis for some reason though. One thing the article didn't touch is the rolling maul.
They used to be so efficient at scoring from mauls. This year they didn't attempt it as frequently as other teams.. often they would set up a dummy maul and have a runner around the fringes.
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@antipodean and the fact Laurie Fisher is at the table for Schmidt
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The change in emphasis is easier to explain: Larkham wanted the Brumbies to become a more rounded team, in part to help attract more people to watching and supporting. That's straight from the horse's mouth.
I think it shows a lack of maturity and on-field leadership that they didn't keep a strength of theirs to utilise when appropriate.
A lot of people around here believe the loss of Laurie Fisher is obvious in this regard and should be a positive for Schmidt's Wallabies.
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Wisemantel? Replacing DC with him? What a clown show.
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Joe's first Wallabies squad is due out today. Should be interesting.
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Wallabies squad (Wallaby number, first Australian Rugby club)
Forwards (21)
Allan Alaalatoa (#896), West Harbour Juniors)
Angus Blyth (uncapped, Casuarina Beach Rugby Club)
Charlie Cale (uncapped, Beecroft Junior Rugby Club)
Matt Faessler (#969, USQ Saints)
Nick Frost (#953, Hornsby Lions)
Langi Gleeson (#960, Harbord Harlequins)
Alex Hodgman (uncapped, Sunnybank Dragons)
Tom Hooper (#964, Bathurst Bulldogs)
Isaac Kailea (uncapped, Harlequin Junior Rugby Club)
Fraser McReight (#937, Albany Creek Brumbies)
Josh Nasser (uncapped, Easts Rugby (Brisbane))
Zane Nonggorr (#966, Gold Coast Eagles)
Billy Pollard (#958, Lindfield Junior Rugby Club)
Lukhan Salakaia-Loto (#914, Randwick)
Ryan Smith (uncapped, Caboolture Snakes)
James Slipper (#843, Bond Pirates)
Taniela Tupou (#917, Brothers Rugby (Brisbane))
Rob Valetini (#929, Harlequin Junior Rugby Club)
Jeremy Williams (uncapped, Wahroonga Tigers)
Harry Wilson (#933, Gunnedah Red Devils)
Liam Wright (#928, Easts Rugby (Brisbane))Backs (17)
Kurtley Beale (#836, Northern Suburbs (Sydney))
Filipo Daugunu (#931, Wests Rugby Club (Brisbane))
Ben Donaldson (#962, Clovelly Eagles)
David Feliuai (uncapped, Sunnybank Dragons)
Josh Flook (uncapped, Brothers Rugby (Brisbane))
Jake Gordon (#925, Canterbury Juniors)
Len Ikitau (#944, Tuggeranong Vikings)
Andrew Kellaway (#943, Hunters Hill Rugby Club)
Darby Lancaster (uncapped, Kempsey Cannonballs)
Noah Lolesio (#934, Tuggeranong Vikings)
Tom Lynagh (uncapped, University of Queensland)
Tate McDermott (#936, Flinders Rugby Club)
Hunter Paisami (#932, Harlequin Junior Rugby Club)
Dylan Pietsch (uncapped, Leeton Phantoms)
Hamish Stewart (uncapped, Toowoomba Bears)
Nic White (#875, Maitland Blacks)
Tom Wright (#939, Clovelly Eagles)Unavailable for selection
Recovering from injury
Angus Bell
Harry Johnson-Holmes
Max Jorgensen
Rob Leota
Lachlan Lonergan
David Porecki
Blake SchouppAustralia Sevens
Corey Toole