Diversity

2/3rds of Rugby Australia cash would disappear

Folau.png

Rugby Australia’s (RA) CEO Raelene Castle says that the franchise can weather paying out Izzy Folau’s $10m claim. Although CM is not sure that paying out $10m + costs which would wipe out almost 2/3rds of the $18mn in cash on the balance sheet is something a CEO would think is worth boasting. What she needs to focus on is the declining operating performance.

Hopefully, Chairman Clyne will get his CEO to focus on NZ Rugby (NZR) as a benchmark.

RA took in approximately A$30m in licensing and sponsorship last year. NZR raked in A$65m. More than double for a country with one-fifth the population. Think about it. The advertising base is smaller yet the sponsors must see the returns as superior to do so.

Total revenues for RA sum to around A$110m. NZR takes in A$182m in 2018.

Matchday revenue for RA reached A$20m last year. NZR collected A$28m.

Total assets for RA sum to A$69m. NZR total assets are A$183m. Total equity for RA is A$27m vs NZR at $99m.

Perhaps understanding why the Wallabies franchise saw a 20% fall in revenues in 2018 is a bigger issue. Expenses fell 15% mainly due to slashing Super Rugby team costs in half and player costs by 33%. Without that, the company would have sunk deep in the red.

RA needs to focus on growth not cut itself into oblivion. When it prioritizes its customer base rather than put precious resources into virtue signaling and diversity programs the board wouldn’t need to park 2/3rds of the cash to cover up their catastrophic lack of judgment.

Nonetheless good to know Castle sleeps easy at the thought of losing such magnitudes.

0.00000000000007314%

16yo activist Greta Thunberg is off to the next UN summit in the US and Chile by sailing boat. The only issue is if she flew on a commercially scheduled flight (which goes anyway) her weight – at presumably 35-40kg – would mean she would add 0.016% to the fuel calculations a Boeing 777 pilot would have to account for . Her impact would be so minuscule as to beggar belief.

280 million trips were made by commercial aircraft last year according to the IATA. Her transatlantic return flight would only be 2 of those meaning she would represent 0.000000714% of all annual flights taken.

Given that airlines, by the IATA’s own stats, annually produce the equivalent to 2% of all man-made emissions or 0.000016% in total, her two flights would make up around 0.0000000000114%. That is slightly unfair as the journey would be longer. So let’s bump it 4-fold. Her weight would penalize the planet 0.0000000000007314%.

Apart from the fact the yacht she will travel on is a byproduct of the fossil fuel industry if she really wants to reduce the footprint she’d be better off swimming. Unfortunately most of the virtue signalers heading to the UN summit will fly. Last year 22,000 went. Including 7300 odd observers to tell us we must do our bit. Why not Skype or teleconference it?

Skipping school for a year might not be the best idea. The chances of dying by sailing are 54 in 1,000,000. By commercial aviation there is a 0.06 chance per 1,000,000 flights. Strictly by the math she has a far better chance of avoiding extinction by flying.

Cinematic Correctness

Sir Ian Fleming and Cubby Broccoli are probably rolling over in their graves. James Bond 007 has been a formula that has worked. It created a franchise around a suave, sophisticated, educated, debonair and witty womanizing British spy. Whether the dashing Sean Connery, the corny Sir Roger Moore, the rigid Jeremy Dalton, the one-trick pony George Lazenby, the slick Pierce Brosnan or the moody Daniel Craig – the formula has been a massive winner. The Bond franchise has grossed $14.7bn inflation-adjusted.

There are suggestions that James Bond will be replaced by actress Lashana Lynch. The first female Bond. There is probably absolutely nothing wrong with her acting at all. The question is will the producers flunk at the box office by ripping up the script of what has always worked? It is 100% their decision to toy with the tried and tested formula but as ever, “if it ain’t broke, don’t fix it!

To be honest, Idris Elba would make a good Bond. He fits all the stereotypes of the role and fans would watch it on his ability rather than his skin tone. The producers could celebrate being woke and the franchise would retain its (relative) believability quotient.

Political correctness seems to dominate Hollywood of late. Whether complaints that not enough actors of colour were represented in Dunkirk or JK Rowling copping flak from LGBT activists because Albus Dumbledore wasn’t openly gay enough in the Fantastic Beasts film, it seems there is a push to make writers and producers conform. Why can’t films just be those made as their writers intended without enforcing politically correct overtones? Surely if there is a market for “politically correct” movies, the champagne socialists of Hollywood will be the first to jump all over it.

Sadly, many of the Best Picture winners selected at the Oscars (with elements of political correctness) in the past decade have been flops with the paying customers. It is interesting that $100m+ box offices were a cert for an Oscar Best Picture award til 2004. Since 2004 it has been hit and miss. 10 films in the last 14 have failed to breach $75mn. Real-life stories – Argo, A Beautiful Mind, Titanic and The King’s Speech – all cleared $100m at the box office. Maybe audiences can gel to the real-life aspects?

Brokeback Mountain grossed $178m because it didn’t propose to be anything other than a story set around gay cowboys. Milk, grossed $55m because it was a factual story about known gay activist, Harvey Milk. A good film by the way. Bohemian Rhapsody, the story about Freddie Mercury, has raked in over $900m at the box office. It was a factual tale and representative of a period in time.

To keep up with the times, perhaps we should demand that Meryl Streep become the next Shaft and Samuel L. Jackson portray Hillary Clinton in a movie about the 2016 election? How about Jackie Chan portray Michael Jordan in a basketball film about the Chicago Bulls? Why not cast Charlize Theron as Adolf Hitler in the next WWII film and have Arnold Schwarzenegger roleplay her wife. At least he won’t struggle with language? Perhaps do a rerun of Star Trek with Capt. Jane T Kirk? The options to rewrite history or fantasy are endless.

Why did Apollo 13 with Tom Hanks, Gary Sinese and Bill Paxton rake in $350m but First Man starring Ryan Gosling as Neil Armstrong draw in only $45m in North America? Same space theme – two different results. Apollo 13 celebrated the pride in failure as American ingenuity was able to rescue the damaged spacecraft. Maybe home audiences repudiated Gosling’s film for deleting the pivotal moment the US flag was planted on the moon. Small stuff? Don’t play with audiences. They bite.

The lack of political correctness is a drawcard to the Bond franchise. We can laugh at the double entendre and innuendo. We can marvel at the spectacular car chases, death cheating moves, his Casanova-like charm and underdog victories against evil henchmen. Will audiences believe that a woman will be able to knock out a monster of a man 3 times her size with her fists? Will we want to see a poor defenseless woman stripped naked while tied to a chair while her privates are belted with a shipping rope by a Le Chiffre type character? Or will she be promiscuous to extract information from would-be villains? Perhaps she confronts Graham Norton as the villain this time?

Perhaps the new Mr. Moneypenny will have his heart skip a beat every time the new 007 tosses her Philip Treacy on the hatstand outside M’s office. Maybe Q will design a machine gun in a Hermes Kelly handbag? Perhaps a dart firing pump from Manolo Blahnik? Perhaps the Aston Martin will be replaced by a pink Tesla so we can tackle environmental issues as half of London is set ablaze?

People fell in love with Star Wars because it was all about lasers and space ships. Not because it ticked the diversity (although the Star Wars Bar was as diverse as one could imagine) and inclusion boxes. How dare the poor harmless Jawas or Ewoks be murdered by white supremacists aboard Imperial Battlecruisers. Were the Sand People just misunderstood? What about the animal cruelty that was inflicted on the poor tauntauns on Hoth?

Maybe the franchise is testing the waters by proposing Lynch. We’ve already had Halle Berry play Jinx, the NSA agent in Die Another Day. There have been countless female villains throughout the franchise too – Rosa Kleb, Xenia Onnatop, Miranda Frost, Elektra King, Fiona Volpe, Helga Brandt, Mayday, Bambi & Thumper. All added their own spice. Yet it was always James Bond that was the drawcard.

Ultimately the box office will tell the story. Die-hard Bond fans will likely be cringing at the thought. Maybe CM is just too much of a purist and detests change for the sake of it, especially if it is just about appeasing activism.

NSW Chair pleads for a truce

Could it be that those who are fed up with political correctness have proved their pockets are way deeper than Rugby Australia (RA) ever imagined? For the Rugby NSW Chair Roger Davis to pipe up that, “the game is paying too high a price for RA to be proved right in this matter” speaks volumes. Sounds like fear that RA might lose.

The ACL suspended the Folau fund raising as it went over $2m in two days. Now he can comfortably fund an excellent team of silks to prosecute the case against RA. Plenty more ammunition behind that one imagines too. RA is outgunned unless Qantas intends to deploy shareholder capital?!?

Once again, this has moved way beyond Folau’s contractual dispute. People are fed up with the lecturing from the left. Regardless of whether one agrees with what he said or not or the GoFundMe stunt, the people have spoken with their wallets. They don’t want to have corporates tell them how or what to say or behavioral awareness officers at the games marshaling their stress outlets.

Rugby Australia’s problems started way before Folau’s tweets. The attendance and performance of the Wallabies stems from the incompetence at the top. The numbers are abysmal. The identity politics obsessed board which keeps a coach despite the worst track record in the team’s history. Australia will be lucky to make the play offs.

As David rightly said, It’s not about rights or wrongs now, it’s about pragmatics. I don’t think rugby should be defining freedom of religion rights or freedom of expression rights. I don’t think it’s our job,

Exactly. Which is why $2m was lined up to let RA know it should drop all of the gender and identity political garbage period and focus on who pays the bills – the fans.

How dare you stand by your man

If CM had a dime every time another person or corporate talked about “diversity and inclusion” he’d be a millionaire. That one has to claim the bleeding obvious is nothing more than sanctimonious virtue signaling. It is nauseating. It’s like asserting one stands against Nazis. Really? How woke!

To have people question Israel Folau’s wife supporting her husband beggars belief. What does one expect? That she might publicly shame him on her Twitter account? Is anyone surprised she retweeted his GoFundMe appeal? Perhaps former Aussie netballer Liz Ellis can advise Maria Folau in the art of throwing her beloved under the bus.

She tweeted, “How about this: There is no room for homophobia in our game. Anyone who is seen to support or endorse homophobia is not welcome. As much as I love watching @MariaFolau play netball I do not want my sport endorsing the views of her husband.”

Liz, should Netball NZ launch a witch-hunt on Maria? Shall we make an example of her? Perhaps ask Jacinda Ardern’s judiciary to sink its newly sharpened fangs into Maria for retweeting Izzy’s ‘hatred’ and incarcerate her? Perhaps ask Twitter to terminate his account?

ANZ, sponsor of the domestic netball premiership, unsurprisingly came out with a politically correct response. Does ANZ have to prove to the 0.1% of activists who claim faux outrage that it isn’t homophobic? Why not appeal to the 0.000001% of fornicators, adulterers and drunks who might have been upset by Folau? It is amazing to think these institutions hire so many staff to floss the chrome fixtures in the executive bathroom.

Corporations really need to grow a pair. “Diversity and inclusion” are overused more in corporate virtue signaling than Casanova serenading “I love only you” on Valentine’s Day.

If ANZ had a look at the bank account balances of the activists that they fear so much they would soon learn they could easily afford to lose their business.

Quit the moral preening. You aren’t fooling anyone.

Gender pay gap in US soccer?

US Democratic Senator Kirsten Gillibrand railed at the gender pay gap between the US Soccer men’s team and women’s team after the latter thrashed Thailand 13-0.

Democratic Senator and perennial identity politician Elizabeth Warren also chipped in with her slant on things about how it is high time to address the pay gap!

Former Republican Senator Orrin Hatch asked the U.S. Soccer Federation to “end this two-tiered, gender-based structure that has unfairly discriminated against female athletes.”

Before US senators took to bashing the US Soccer Federation (USSF), a quick look at the Annual Report for 2018 reveals that “expenses” on the national women’s team were higher than the men’s.

By the numbers, women’s expenditure grew 25% to $17.13m in 2018 over the previous year while the men’s slid 35% to $14.63m (down from $22.43m in 2017). While expenditures aren’t completely broken down, one can assume that this adjustment includes paying for performance.

When boiled down, the expenses allocated to the women’s national team came in at 24% of overall expenses in 2018 from 18% in 2017. Men fell from 30% of the total to 20% over the same time period.

Unless multiple men’s team players have been sacked and there are surplus female players the pay gap is probably swinging in favour of the fairer sex. Or could it be that the governing body is exercising good governance?

Whatever it is, even better to see the investment in the youth national team and player development which has risen from $23.2m to $27.4m.

If only female soccer star Megan Rapinoe could casts aside her Trump Derangement Syndrome and sing the national anthem because she’s representing her country.

Not surprising to see own goals kicked by politicians who don’t look at the facts.

Perhaps the US women’s soccer team should address the pay gap between themselves first. Then once that is complete go after the blokes.

Constructive dismissal?

CM’s view on the incompetence of Rugby Australia (RA) is well documented and reconfirmed by Alan Jones in The Australian today. It appears that Israel Folau looks more like a sacrifice to the altar of the sponsor god, Qantas.

Sponsorship money is important to sports teams but it should never get to a point where the sponsored has to make unconscionable decisions to acquiesce their paymasters. It is unethical.

CM has long held issues over Qantas’ flagrant use of shareholder capital to sponsor the CEO’s activism. It is terrible governance.

Remember the acceptance rings ahead of the same sex marriage debate that Qantas pushed so hard on us? The idea was to distribute these acceptance rings (not fully closed) to customers, clients and travellers.

CM supposed if someone were to politely decline to wear one they risked being be branded homophobic, bigoted and summarily ostracized for expressing such views. It might be that they actually support gay marriage but do not wish to express it openly. That is nothing more than a conscious choice, not categorical staunch opposition. Perhaps failure to wear the ring could cause their career takes a turn for the worse all because they don’t comply with group expression i.e. corporate slavery. The team leader who passes them over because they incorrectly assume the employee is a dissenter. That is palpable workplace bullying encouraged by a woke CEO.

What Jones points out is that the ‘wallaby court’ had already decided the outcome before a word was uttered in defence. It appears it was a ‘hearing’ conducted with the deaf.

RA CEO Raelene Castle apparently told Vanessa Hudson, chief customer officer at Qantas,

I updated her on the situation a day after the post and told her that, confidentially, Rugby AU would be working towards a process to terminate Mr Folau’s contract and that Ms Hudson can share that position with Qantas chief executive Mr Alan Joyce. Ms Hudson texted me later that day saying that she had only shared the update with Mr Joyce and he was appreciative of the transparency and he said that a speedy resolution by Rugby AU was paramount.”

This says a lot about Qantas. If it wants to exert control over RA it should acquire it and manage it as a subsidiary.

Yet where was the pushback by RA? It flaked. If it understood the dwindling fan numbers meant it wasn’t connecting to revenue, it might have thought defending Folau might have been its greatest coup and that many non virtue signaling corporates could replace Qantas’ sponsorship.

The culture of RA is self evident. It is not about rugby anymore but a platform for identity politics.No wonder fans are deserting it. CM discusses dwindling fan numbers yesterday, something Jones alluded to. Put simply, the product stinks and that rot permeates from the top. Fans aren’t stupid.

Coach Michael Cheika’s abysmal win/loss record is tolerated because he tows the line of the C-level cabal. So do some of the players who threatened to boycott the team if Folau was allowed to keep playing.What a joke! These virtue signaling players if given the choice to stand by their beliefs or keep their lucrative contracts would choose the latter every time. They sounded just like those Hollywoodcelebrities that threatened to leave America if Trump won the presidency.Hypocrites.

However it only reinforces the reality of the culture within the RA that encourages this type of numb skulled response to pander to the top. If these players wanted to think about faith in context of not selling out core beliefs they could learn muchfrom Israel Folau.

It increasingly looks like the high level breach has been committed by the board in cahoots with Qantas.

As CM mentioned yesterday, perhaps receivership is the best outcome for RA. That way the apparatchiks get cleared out and replaced by people that connect with fans who ultimately pay the keep the lights on at HQ. It isn’t that hard to fix RA’s problems but it will be impossible with a leadership team which seems to support constructive dismissal at the behest of corporates that champion activism rather than principle. Clearly Qantas is the mean “spirit of Australia”

Get woke, go broke.