A key step of the Business Plan underpinning the new team’s entry into the competition has already been met. New Zealand Rugby Union will receive the remaining plans and information. This details the playing and coaching staff structure, as well as the complete administrative structures implemented to support the team.Super Rugby action from New Zealand (Getty Images)The Fijian Drua already has experience in conducting through a private company structure, after joining the Australian National Rugby Championship in 2017. O’Connor explained that the financial conditions in place are justified by the New Zealand Rugby Union.“We have been aware for some time that we would need to raise capital to meet the financial hurdles. We want the team to be properly capitalised so that it can be in place for twenty years and more. NZ Rugby rightfully insists on there being enough financial resources to sustain team operations even if we have a bad year or two”.FRU Chairman, Conway Beg, hopes that the Fijian Drua joining Super Rugby will benefit the future of the national team. The development of the team will mean players stay in the country, rather than look abroad for playing opportunities.“This is a transformational opportunity for Fiji Rugby,” said Beg. “Once we attract the capital, we can finally bring our best players home. We can keep our best local players and have them together in one place, training and playing together week in & week out, developing combinations. They’ll also have consistent skill development, strength & conditioning support and all of the usual facilities that other Super Rugby teams enjoy in the region. We’re looking forward to bringing the Fijian style of rugby to Super Rugby in 2022 – Fun. Flair. Energy. Unpredictability. I can’t wait!” Fijian Drua are hoping to join the Super Rugby competition for the 2022 season (Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS The private investment will help support the club from Fiji compete in the Super rugby competition Can’t get to the shops? You can download the digital edition of Rugby World straight to your tablet. Or, subscribe to the print edition for magazine delivery to your door.Follow Rugby World on Facebook, Instagram and Twitter. Investment sought for Fiji Super Rugby teamFiji Rugby Union (FRU) are seeking private investment of NZ$10million (just over £5million) after the path was cleared to field a Fijian team in the 2022 Super Rugby competition. Crucially, the investment will support the team, and also meet a range of financial stipulations imposed by New Zealand Rugby Union.Hoping to host at least six home games in the competition each season, the Fijian Drua’s proposed entry into Super Rugby could welcome teams such as the Chiefs and Crusaders to the Pacific nation. However, this is subject to a private investment essential for the team from Fiji to compete.The stringent stipulations that New Zealand rugby has imposed requires the team to provide financial guarantees for a long term future. Clearly, the Drua’s continued involvement within the competition is a priority.Related: Who will broadcast Super Rugby in the UK in 2021?Working independently from the FRU, Fiji rugby are offering a majority ownership of the club. Therefore, the administration will conduct the club through a separate company structure with its own board of directors.FRU CEO, John O’Connor said “private capital is a fact of life for sporting teams and we are embracing it. We are making sure that Fiji Rugby has an appropriate say in policy and key decisions around the team. We intend to seek NZ$10 million in capital and we’re confident that our proposal will attract strong interest from investors. Ideally, we’d like Fijian investors, although we’re looking for either a single investor or up to four entities to back our team.”
retreated to 91 teacher Gong Haiyan two pioneering "Waterloo"
to solve their own marriage and a strange combination of circumstances successfully founded the first domestic listed dating sites Jiayuan "Helen of Troy" Gong Haiyan, once again copy success is not easy to imagine.
from Jiayuan "run away" chose to join the online education, Gong Haiyan has created the online language training website 91 teacher network, K12 (kindergarten through twelfth grade, the stage of basic education) online education platform ladder network and well network.
day before the ladder network and has just launched 2 months that a good network was traced to massive layoffs, about 100 employees face the fate of being cut.
"First Financial Daily" reporter yesterday (15) log on the good network, its pages directly jump to close the page. On the page, the network said that "because of the company’s strategic adjustment, the net closed, to have to pay for the course but not yet on the end user, we will refund as appropriate". As of press time reporter, ladder network page can also log on.
this, insiders told reporters, Gong Haiyan in fact, in the first half of this year has encountered financial difficulties, has been very actively seeking financing. Among them, have also received a letter of intent to invest in a VC, but after the completion of due diligence, the VC chose to leave.
and financing difficulties, can be interpreted as the industry leading cause of ladder network and well network redundancy.
a letter widely circulated on the Internet Gong Haiyan sent to internal staff e-mail shows, overwhelmed by the massive layoffs or due to funding strand breaks. In the message, Gong Haiyan said, because of his aggressive too optimistic, front too, spent a few months ago that the company financing, has been using their own funds to support the company operation."
after the event, Gong Haiyan was part of the ladder network staff joint condemnation of Gong Haiyan, telephone, mail and other contact information also will be open.
yesterday, was confirmed in a number of media lost contact with the state of 3 days Gong Haiyan appeared.
Gong Haiyan, the assistant 91 teacher CEO Zheng Jinli confirmed to the "First Financial Daily" reporter ladder network and that good network operations indeed appear big challenges, but said Gong Haiyan has reached a settlement in September 14th before work with the marketing department.
turned a circle back to the origin, decided to focus on 91 foreign teachers, in the hope that in the future to provide a better online oral teaching services." Gong Haiyan in response to this business adjustment on micro-blog, and said it would expand the two foreign teachers in foreign centers, to further enhance the quality of teaching.
it is worth noting that, as Gong Haiyan founded the first online education site, 91 foreign teachers network has been split in July this year, to operate independently of the company, accounting for financial independence, from