SANFL won't interfere with West Adelaide's internal review into missing $100,000
SANFL GM Chris Davies says the league will not interfere with West Adelaide's review into the disappearance of more than $100,000.
SANFL general manager Chris Davies says the league will not interfere with West Adelaide's "internal review" into the mysterious disappearance of more than $100,000 but expects a full briefing at the review's conclusion.
Davies said he spoke to Bloods officials on Monday after revelations in the Sunday Mail that West Adelaide had tried to recoup missing money without contacting the police.
SUNDAY MAIL: MORE THAN $100,000 VANISHES FROM FOOTY CLUB
He planned to continue dialogue with the club but would not interfere with the review.
The club has made no direct comment on the matter but released a statement on Sunday saying it had been conducting a year-long internal review of its operations.
In its statement, the club said it would not comment further until the review had been completed and did not provide at an estimated timeline for its conclusion.
Davies said he expected West to brief the SA Football Commission at the conclusion of the review and disclose all findings.
"I expect the SA Football Commission would be fully briefed by the West Adelaide Football Club should the internal review being conducted by the club highlight any misappropriations,'' Davies said.
Davies repeated SANFL chief commissioner Leigh Whicker's warning to the Bloods that they had a responsibility to handle the matter in a way that was acceptable to the club's members.
"The West Adelaide Football Club board have a fiduciary duty to the members of their club and I know that the board takes this responsibility very seriously,'' he said.
Bloods president Richard Sykes has so far been silent on the issue but senior sources within the club have confirmed that missing money was uncovered during a recent audit and may have been misappropriated by a former employee.
There is dispute among club figures as to whether all of the money has been recouped.
West has battled hard financial times in recent seasons and recorded a $505,027 loss in 2012.
Its annual report for the year to October 31, 2013 is yet to be completed but in its statement on Sunday the club said it expected to record a significant surplus.