BRIAN GAYNOR: Sporting world ambushed by financial tsunamis

Sat, 16 May 2020

The return of rugby league on May 28, a Thursday, and rugby union on June 13, a Saturday, doesn’t mean that our sporting organisations are out of the woods.They face huge issues in the months and years ahead because of bloated cost structures and an over-reliance on broadcasting income. These television companies are losing subscribers and advertising revenue and are concerned that sporting events in empty stadiums will attract fewer viewers.The big threat to our major sports organisations is that broadcasters may no longer be willing to...

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