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HomeUncategorizedTable Tennis Australia Announces Financial Recovery After Near Bankruptcy

Table Tennis Australia Announces Financial Recovery After Near Bankruptcy

Table Tennis Australia Announces Financial Recovery After Near Bankruptcy

In September of 2017, Table Tennis Australia (TTA) was close to $650,000 in debt and on the brink of bankruptcy, but, as of March 2020, the nations governing body has cleared all debts and implemented a full suite of governance reforms.

The extraordinary financial turnaround was completed under the guidance of a new Board and Administration who identified the debts were being accrued from a poorly executed international event.

Making the turnaround even more significant is that 100% of the...

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