Saturday, October 4th, 2008...6:39 am

NZRU – There is a crisis when …

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Jock Hobbs – NZRU Chairman of the Board (CEO Strategic Finance)

Source: Hobbs offers provinces Super stake – Greg Ford

Hobbs does not believe rugby is in crisis. “There’s uncertainty around crowd numbers but the essential components of our game are not in crisis and I don’t believe the Air New Zealand cup is sick. There has been strain on provincial finances but if there’s an acceptance of semi-professional then that stress will come off.”

My Comments: This is the same guy who founded Strategic Finance, and didn’t he say the same thing about that company, “We are sound”…then they went BUST !

You know something is in crisis when the Chairman says the opposite, have you seen the games live crowd, nope, cause there are none ! Jock Hobbs is in the same class of forecaster as the economists who said housing was heading for a soft landing, yeah right ! (Tui).

Rugby over the next immediate years will be serverly punished economically, just like everything else from the current credit crunch (the worst financial crisis since the 1930s).

Rugby players may learn a new term like ‘pay cut’ !



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