Sport
AFL chops Wood after revenue slump – The Age
A massive loss of up to $400 million in revenue this year has led to the AFL wielding the axe and jettisoning senior staff, including the league’s salary cap policeman Ken Wood.
The AFL is shedding about 20 per cent of all staff across the country in what the AFL Commission and chief executive Gillon McLachlan see as tough but necessary cuts to keep the game viable in the face of COVID-19 and a weaker economy.
Those cuts are in line with a projected further loss of revenue next year, when the AFL is prepared to lose at least 20 per cent more revenue, even assuming a 22-game home-and-away season as per usual.
Essendon are among the clubs that are set to tell staff of t…
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