Essendon turns to business for cash

Original article by Patrick Durkin
The Australian Financial Review – Page: 1 & 2 : 14-Jan-16

Essendon Football Club posted a profit of $A720,000 in 2015, following a loss of $A3.2m in 2014 in the wake of the sports supplements scandal. The embattled club could face costs of up to $A20m as a result of likely legal action by the 34 current and past players who have been banned for the 2016 season for taking the prohibited supplements. Essendon will be seeking financial support from its network of wealthy business leaders as it prepares to deal with the fallout from the Court of Arbitration for Sport’s ruling. The Australian Football League may also face significant legal costs.

CORPORATES
ESSENDON FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE, PORT ADELAIDE FOOTBALL CLUB, FUSION STRATEGY, KIA MOTORS AUSTRALIA PTY LTD, TOLL HOLDINGS LIMITED, ADIDAS AUSTRALIA PTY LTD, TRUE VALUE SOLAR HOLDINGS PTY LTD, COURT OF ARBITRATION FOR SPORT, SPORTSLAW.COM.AU

Essendon directors face challenge

Original article by John Stensholt
The Australian Financial Review – Page: 42 : 10-Nov-14

Ron Gauci and Jason Cunningham are seeking election to the board of Essendon Football Club at its AGM in December 2014. They hope to oust current board members Kevin Egan and Jo-Anne Albert, but Essendon chairman Paul Little is believed to have stressed the importance of boardroom stability. Further court action over Essendon’s supplements scandal will occur on 10 November

CORPORATES
ESSENDON FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN SPORTS ANTI-DOPING AGENCY, FEDERAL COURT OF AUSTRALIA, MELBOURNE STORM RUGBY LEAGUE CLUB LIMITED, NATIONAL RUGBY LEAGUE, MELBOURNE POLYTECHNIC

Essendon opts to drop legal action, move on

Original article by Jake Niall, Samantha Lane
The Age – Page: 47 : 2-Oct-14

Essendon Football Club has decided not to appeal the verdict of the Federal Court that supported the Australian Sports Anti-Doping Agency. The club has received legal advice that it would win an appeal. However, the Australian Football League does not want it to appeal and the players want the matter to be settled. Coach James Hird has decided to launch his own appeal

CORPORATES
ESSENDON FOOTBALL CLUB, AUSTRALIAN SPORTS ANTI-DOPING AGENCY, AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN FOOTBALL LEAGUE COMMISSION, WORLD ANTI-DOPING AGENCY

Hird didn’t want ASADA probe

Original article by Jon Pierik, Adam Cooper
The Australian Financial Review – Page: 10 : 12-Aug-14

The Federal Court is hearing a claim by Australian Football League (AFL) club Essendon and coach James Hird, who has been forced to step aside due to an alleged improper supplements program. They argue the AFL and the Australian Sports Anti-Doping Authority breached the law by conducting a joint probe. Hird on 11 August 2014 told the court he took part in a self-reporting exercise by Essendon against his will and "signed a deal of settlement under duress, threats and inducements"

CORPORATES
AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN SPORTS ANTI-DOPING AGENCY, ESSENDON FOOTBALL CLUB, FEDERAL COURT OF AUSTRALIA

ASADA could be in breach of law

Original article by Jon Pierik
The Age – Page: 41 : 15-Jul-14

A warning issued by the Australian Sports Anti-Doping Authority (ASADA) could have breached legislation. ASADA filed its defence document on 12 July 2014, in which it stated that it could reissue show-cause notices to 34 current and former players of Essendon Football Club. Graham Smith, a partner with Clayton Utz, says the warning could be interpreted as an infringement of the model litigant rules

CORPORATES
AUSTRALIAN SPORTS ANTI-DOPING AGENCY, AUSTRALIAN FOOTBALL LEAGUE PLAYERS’ ASSOCIATION, ESSENDON FOOTBALL CLUB, CLAYTON UTZ, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. ATTORNEY-GENERAL’S DEPT