Aussie cricket captain Andrew Paddy has pleaded guilty to five charges of fraud in a bid to get back his money he owes.
Key points:Paddy’s plea agreement states he was under a duty to pay over $500,000 in debtsThe case is the latest in a series of scandals involving the Aussie franchisePaddy pleaded guilty on Friday to six charges of breach of trustThe Aussies are in the middle of a major financial crisisPaddy has been a vocal critic of the Australian Cricket Board’s handling of the crisis.
In the agreement, which was released by Justice George Young, Paddy agreed to pay back $500 in the first half of 2019 and $500 to the Aussys former chief financial officer.
“The AUS Cricket Board has provided the Commonwealth Government with a series, and I accept the terms of that agreement, and the terms and conditions of the AUSCBA Agreement,” Paddy said in a statement.
“I have accepted that as the terms are set out, they are intended to be in relation to the matters alleged to have been committed, not a criminal prosecution.”
Paddy, who has been captain of the All Blacks since 2009, pleaded guilty in the NSW Supreme Court on Friday afternoon to five counts of breach and one of false representation.
The Aussie players have been struggling financially since the start of the year and in recent months have been hit with mounting debts from broadcasting rights fees and merchandising contracts.
Paddy and fellow captain Peter Handscomb have been charged with a range of offences, including breaching a promise to repay money to the Australian public, false representation, and failing to account for the payments made.
The Australian and New Zealand Cricket Board is due to make its decision on Paddy’s future on Thursday, with the AACA chairman David Richardson expected to announce the decision within the next few days.