Thought I might post this for those without access to Eye of the Tiger. Get a membership, you loafers, by the way.
The resignations of Brendan Schwab and Peter Welsh as RFC directors, and Richmond's finances, have been the subject of intense media attention and speculation.
It is not intended to debate these matters in the media. We would point out, however, that the Club's accounts and financial position were considered at every Board meeting up to December 2003 before independently audited accounts were published to the members. In the view of the Board, established procedures were followed and governance requirements were met.
RFC is not seeking financial assistance or a handout from the AFL. Like many other league clubs, Richmond is using its entitlement to an AFL dividend to underpin its overdraft.
The Richmond Football Club is extremely conscious of its obligations as a corporation, as a member club of the AFL and as a football club towards its players and members. Every Director properly brings their own views on the management and direction of the club. They contribute to the best of their ability in terms of skills, expertise and available time. Differences of opinion, even passionate and heated debate at times, should not be regarded as surprising, particularly at a football club. The views of any Director are always considered by the Board.
The resignations have occurred for a number of reasons which have been and will be the subject of discussion by the Board and with the retiring directors. The Club thanks those directors for their time of service. Given the new season and our focus on a successful year, we do not believe there is anything to be gained by undertaking further discussion on these matters in the media.
So, it looks like we won't be getting too many answers (officially) from the club. hmmm...
http://210.50.4.102/rfc/Page_UI.asp?cc=7385670&pageID=156&SM_ID=66
The resignations of Brendan Schwab and Peter Welsh as RFC directors, and Richmond's finances, have been the subject of intense media attention and speculation.
It is not intended to debate these matters in the media. We would point out, however, that the Club's accounts and financial position were considered at every Board meeting up to December 2003 before independently audited accounts were published to the members. In the view of the Board, established procedures were followed and governance requirements were met.
RFC is not seeking financial assistance or a handout from the AFL. Like many other league clubs, Richmond is using its entitlement to an AFL dividend to underpin its overdraft.
The Richmond Football Club is extremely conscious of its obligations as a corporation, as a member club of the AFL and as a football club towards its players and members. Every Director properly brings their own views on the management and direction of the club. They contribute to the best of their ability in terms of skills, expertise and available time. Differences of opinion, even passionate and heated debate at times, should not be regarded as surprising, particularly at a football club. The views of any Director are always considered by the Board.
The resignations have occurred for a number of reasons which have been and will be the subject of discussion by the Board and with the retiring directors. The Club thanks those directors for their time of service. Given the new season and our focus on a successful year, we do not believe there is anything to be gained by undertaking further discussion on these matters in the media.
So, it looks like we won't be getting too many answers (officially) from the club. hmmm...
http://210.50.4.102/rfc/Page_UI.asp?cc=7385670&pageID=156&SM_ID=66