The Fiji Rakavi Football Union (FRFU) Ltd is currently in a transitional phase regarding operational control at Rugby House, pending the signing of a crucial Deed of Arrangement by its board of directors. Chairman of the board of trustees, Peter Mazey, has confirmed that the document is under review, and until it is signed, the trustees will continue to manage operations.
John Sanday, the FRFU board chairman, indicated that this governance transition aims to enhance efficiency and accountability within Fiji Rugby through a modern governance model. The proposed Deed of Arrangement is intended to formally transfer operational control from the trustees to the board of directors. Once approved, FRFU Ltd will gain full authority over commercial, financial, and administrative operations, including the execution of new contracts and sponsorship agreements solely under its management.
The process involves specific legal changes, with the board expected to maintain legal continuity during the transition, allowing the trustees to act only upon directives from the board. Sanday emphasized that this strategic move is designed to streamline decision-making and strengthen Fiji Rugby’s capability to operate independently.
Once the Deed of Arrangement is signed, several key changes will occur:
– FRFU Ltd will take on the full responsibility for all employment contracts, sponsorship agreements, and overall financial management.
– The Trustees will relinquish direct operational control but will retain legal oversight on existing agreements.
– Future agreements will be solely managed by FRFU Ltd.
This transition is seen as a positive step towards ensuring that Fiji Rugby can effectively manage its affairs, promoting a more autonomous operation moving forward. The careful management of timelines during this transition aims to ensure compliance with all necessary legal and regulatory requirements.
In conclusion, the ongoing developments in the governance structure of Fiji Rugby reflect a commitment to fostering a more robust and independent operational framework that can adeptly handle future challenges and opportunities.
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