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International · 1 hrs ago
✦ 75◉ Centre
Cricket and soccer are Australian sporting giants. How can they be struggling financially?
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◉ Centre ✓ Fair headline
Australia's two dominant sports, cricket and soccer, are facing unexpected financial difficulties despite their popularity, with Football Australia announcing significant workforce cuts following substantial losses.
Cricket and soccer are Australian sporting giants. How can they be struggling financially?
Cricket and soccer are two of, if not the biggest national sporting codes in Australia.
Yet the governing bodies of both have recently been in the news for their financial difficulties.
How can it be these two dominant codes are struggling?
Major sports, major problems
Football Australia (FA) recently announced it will cut around 20% of its workforce, following a loss of more than $15 million. This has raised concerns about organisational performance.
But the financial detail suggests something
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