Rugby: Otago financial troubleshooter's stay extended

Jeremy Curragh
Jeremy Curragh
The man brought in to help sort through the finances of the Otago Rugby Football Union is to have an extended stay.

Jeremy Curragh was appointed change manager of the union last month, to look through the finances and come up with a budget and path for the future.

He was initially employed for a four-week period which was set to conclude today but when contacted yesterday, Curragh said he would be here for at least another week.

He said nothing could be read into having to stay a longer time, as there was simply a lot of work to get through.

"We are making some progress but these things invariably take longer than you would like. We are going as fast as we can and there are some key decisions which have to be made and we want to make sure we make the right ones," Curragh said yesterday.

"All the parties that are involved are being very supportive."

Curragh said the accounts for the union for the last financial year were still with the auditors and he could not say what the size of the annual loss was. It was expected to be hefty.

Curragh had previously said the union needed to grow its revenue, and the professional side of the game was losing money.

 

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