Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Australian rugby union chief Castle resigns

Rugby Australia (RA) chief executive Raelene Castle resigned on Thursday after nearly three years at the helm, saying she believed the board no longer wanted her in the role amid a financial crisis compounded by the coronavirus shutdown.

Castle, who took a 50% pay cut and laid off 75% of RA staff, saying the body faced losses of up to A$120 million ($76.12 million) if no more rugby was played this year, was under pressure to resign.

Eleven former Wallabies players, including Nick Farr-Jones, George Gregan and Michael Lynagh, had also signed a letter earlier this week demanding a leadership change at the RA.

"I love rugby on every level and I will always love the code and the people I have had the honour of working with since I took this role," Castle said in a statement https://www.rugby.com.au/news/2020/04/23/rugby-australia-raelene-castle-resignation.

"I made it clear to the board that I would stand up and take the flak and do everything possible to serve everyone's best interests.

"In the last couple of hours, it has been made clear to me that the board believes my no longer being the CEO would help give them the clear air they believe they need.

"The game is bigger than any one individual — so this evening I told the chair (Paul McLean) that I would resign from the role."

Castle also faced criticism for her handling of the dismissal of Wallabies fullback Israel Folau last year, the costs of which contributed to a A$9.4 million loss in 2019.

She was also criticised for rejecting an offer from Fox Sports TV to extend their broadcast deal, instead taking the rights to market and potentially leaving Rugby Australia without a television deal at the end of 2020.

The RA and the players' union had agreed to a 60% average pay cut for the country's 192 professionals up to the end of September to keep the sport afloat during the shutdown.

($1 = 1.5765 Australian dollars)

(Reporting by Shrivathsa Sridhar and Rohith Nair in Bengaluru; Editing by Peter Graff and Toby Davis)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.