• Short Summary

    BACKERS OF AMERICAS'S CUP CHALLENGER, "AUSTRALIA" ARE FACING A FINANCIAL CRISI. THEY NEED ANOTHER 220,00?

  • Description

    BACKERS OF AMERICAS'S CUP CHALLENGER, "AUSTRALIA" ARE FACING A FINANCIAL CRISI. THEY NEED ANOTHER 220,00 DOLLARS, ALTHOUGH THEY CAME TO NEWPORT WITH A ONE MILLION US DOLLAR RESERVE FUND, HALF OF IT FROM ALAN BOND AND THE REST FROM INDIVIDUAL CONTRIBUTORS. "AUSTRALIA" HAS APPARENTLY GONE THROUGH MORE SAILS THAN EXPECTED, WHICH COST THE TEAM 60,000 DOLLARS U.S. ABOVE WHAT HAD BEEN BUDGETED. AND, THERE HAVE BEEN OTHER BITS OF EXPENSIVE BAD LUCK AS WELL, AS SPOKESMAN FOR THE AUSTRALIAN SYNDICATE, BOB HEMERY EXPLAINED. HE SPOKE TO VISNEWS ANTHONG STEWARD, WHO ASKED HIM WHAT THE FINANCIAL SITUATION OF THE "AUSTRALIA" SYNDICATE IS.

  • Tags

  • Data

    Film ID:
    VLVA7DY75C2JGOF4BHOQEOC3R2NZV
    Media URN:
    VLVA7DY75C2JGOF4BHOQEOC3R2NZV
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    07/09/1977
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:16:00
    Time in/Out:
    /
    Canister:
    N/A

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