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During this week's launch of the doomed Heineken Cup, one senior establishment figure reminded his audience: "International rugby is still the financial driver of the sport".
Bransgrove has consistently argued that the ECB's policy of using England as such a dominant financial driver for the game is short-termism and that a more high-powered Twenty20 tournament featuring England players is also essential to restore financial health.
Another of the former ISMM executives under investigation, Christoph Malms, is quoted in the legal document as saying: "The payment of inducements to reputable personalities in sport for the promotion of sport policy and financial objectives originates from the 1970s, when sport became a financial driver.
A number of financial experts have recommended a "financial driver's license" for older Americans to prove their competence.
There is a real financial driver there that will help the banks introduce this to consumers.
"The indisputable economic impact of London 2012 to the UK demonstrates just what a positive financial driver hosting the Games can be for a country".
Similar(48)
Because they really are the financial drivers of the business.
Instead, owners have to come to a better understanding of what their financial drivers are and figure out ways to produce the needed returns.
Furthermore, make sure you understand the financial drivers in your business, in particular your gross and net margins and your breakeven point.
Josh Patrick explains why you need to care about the cost of capital: "Owners have to come to a better understanding of what their financial drivers are and figure out ways to produce the needed returns.
"Businesses need to be agile and flexible," says Manning. "In order to do this they need to understand what their core financial drivers are – there aren't many – and then build their key performance indicators around them".
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