Friday October 15th, 2021 By Jeremy Moller
Despite the slowdown in negotiations following a second wave of COVID-19 in Australia, the Australian Rugby League Commission (ARLC) remains committed to adding a new club to expand the domestic first-year competition, the National Rugby League ( NRL). The benefits of expansion are obvious – it has the potential to:
- Foster increased fan engagement in new geographies;
- Increase the volume of professional matches to be televised; and
- Provide greater opportunities for corporate sponsorship and advertising.
However, the expansion inevitably raises commercial and legal issues for the clubs and the governing body. In part one of this two-part series (accessible here), the focus was on the challenges for an expansion club in its initial funding and what could happen if a new club finds itself in financial difficulty. . Pivoting on the dynamic between clubs and the governing body, Part II focuses on the legal, regulatory and governance considerations of corporate structure, as well as profit sharing and contractual considerations with respect to broadcast agreements.
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Jeremy Moller is a Senior Advisor with Norton Rose Fulbright’s Sydney-based risk management advisory team. He specializes in anti-money laundering and financial crime compliance with a particular interest in sports integrity and governance issues.