Rennie’s $1m salary ‘safe’

Friday June 05, 2020 Written by Published in League
Dave Rennie will officially start in his new role as the new Wallabies coach on July 1. 20060415 Dave Rennie will officially start in his new role as the new Wallabies coach on July 1. 20060415

Cook Islander Dave Rennie will start his term as the new Wallabies head coach next month.

Dave Rennie’s rumoured $1.07 million annual package will not be affected by a pay cut imposed by the Rugby Australia.

Incoming Wallabies coach Rennie, who has maternal links to the Cook Islands, will start on his new role next month.

And interim Rugby Australia chief executive Rob Clarke confirmed Rennie won’t be required to take a five per cent pay cut asked of other senior staff members.

“Dave hasn’t started yet, so he will be excluded from that,” Clarke told The Sydney Morning Herald.

“All other staff over a certain threshold will be invited to take a five per cent pay cut. It’s a legal requirement and so we’ll be following the law there. I’m confident that the staff coming back will want to help to continue to play their part in the financial sustainability of the game. We don’t anticipate a full workforce coming back until October.”

Rugby Australia is making some major changes to its structure after losing most of its revenue due to the Covid-19 crisis.

According to the Herald, one-third of full-time Rugby Australia staff would lose their job in coming weeks, as well as another 30 casual workers.

In order to reduce its wage bill by $5.9 million, 47 of 142 staff have been let go, with further cuts flagged in a second restructure to be confirmed in coming weeks set to affect Super Rugby franchises, Herald reported.

“A key part of our financial underpinning is a successful Wallabies,” Clarke said. “It’s not everything but it’s certainly a key part of it. We’ll be protecting that as much as possible ... to help get the Wallabies where they need to get to as a world ranking.

“Dave Rennie is a key part of that and I am delighted with how Dave has been engaging on that task since signing up and I think he is going to make a very big positive difference.”

Rennie, the former Chiefs coach, is expected to return home to New Zealand this month after finishing his four-year tenure with Scotland-based Glasgow Warriors.

He will spend his Covid-19 quarantine in New Zealand before heading to Australia later next month.

-          Additional reporting The Sydney Morning Herald


1 comment

Leave a comment