Clarke's agent voted on to QRU board - Sports News - Fanatics - the world's biggest events

Clarke's agent voted on to QRU board

17/04/2010 06:30:47 PM Comments (0)

Chris White, the agent of Michael Clarke and other leading sports stars, has been voted on to the new-look board charged with remedying the Queensland Rugby Union's woes.

International Quarterback founder White was on Saturday one of five new directors elected on to the QRU board at the financially-stricken union's annual general meeting in Brisbane.

Former Wallabies skipper Tony Shaw was also named as president, along with two new vice-presidents in Murray d'Almeida and Bill Ross.

Rod McCall remains as chairman on the nine-man board while White, a sports and event management specialist, was joined by Mark Thompson, Michael Arnett, Tim Brailsford and Paul McNicholl for the first time.

White's IQ client list includes some of the biggest names in Australian sport in Australian cricket vice-captain Clarke, John Eales, Mark Schwarzer, Grant Hackett and Libby Trickett.

The meeting heard the QRU, currently under Australian Rugby Union administration, recorded a massive loss of $3,142,248 for the 2009 financial year.

The deficit was inflated by $1.2 million of costs for the proposed redevelopment of Ballymore being brought to book in 2009, $855,000 in depreciation costs and additional legal costs for a Crime and Misconduct Commission inquiry into state government grant funding.

Income generation fell by 21 per cent compared to the previous year but cost cutting had reached the point where further reductions would have hindered the ability of the business to deliver on its objectives.

While the ARU is providing interim financial support, QRU chief executive Jim Carmichael said the need to build a sustainable financial model was critical.

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