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  • Tue. Nov 5th, 2024

Rugby Australia in financial and structural crisis, says Olympics boss who turned down top job

Rugby Australia in financial and structural crisis, says Olympics boss who turned down top job

In a single day Rugby Australia had its incoming chairman resign, the interim chairman appointed an interim CEO, and the man touted as the long-term CEO had withdrawn his interest.

Key points:

  • Matt Carroll said he was disappointed he had to withdraw his interest in the CEO job
  • He said Rugby Australia has major problems with its finances, structure and competition
  • When asked if insolvency was likely he said Rugby Australia was in a “very serious position”

The man who would be chief executive is Matt Carroll, the Australian Olympic Committee boss, who says “Rugby Australia is in distress”.

The sport had shown some positive signs in the past week with new board member Peter Wiggs leading discussions with the player union, RUPA, to resolve long-standing issues.

Wiggs was in the frame to be appointed chairman with a plan to get the sport out of its multi-million-dollar black hole.

That plan included Carroll as CEO.

On Wednesday morning Wiggs suddenly resign

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