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Re: A Legal View
Posted by: Chops3
Date: 21/01/2020 10:02
Reference the above post from Brown Bottle - "For a start, transparency doesn't mean making things public, according to the code. It just means engaging with and being open with stakeholders. The general public, rugby fans or not, aren't stakeholders."

The problem with this statement is that we do not know whether stakeholders is specifically defined as the shareholders in the clubs. If not, then the majority of texts on the subject have a much wider definition of stakeholder (as opposed to shareholder). The following from the internet is a typical definition.

"In business, a stakeholder is any individual, group, or party that has an interest in an organisation and the outcomes of its actions. Common examples of stakeholders include employees, customers, shareholders, suppliers, communities, and governments"

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