Tag Archives: Outstanding debts

ORFU still owes small creditors ($687,000), DCC ($480,000+), NZRU ($500,000) and BNZ ($1,200,000)

How will ORFU continue to trade? $400,000 in donations received doesn’t absolve the union of its obligations.

### ODT Online Tue, 17 Apr 2012
Rugby: New Otago board by end of May
By Steve Hepburn
A new board to run the Otago Rugby Football Union should be in place by the end of next month, with clubs to be consulted over a reworked constitution in the next couple of weeks. The union is also hoping to have raised about $400,000 to pay off its small creditors.
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Posted by Elizabeth Kerr

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