EA Voluntary Administration Announcement

Dear ESA Members and Community,

The news from Equestrian Australia on 9 June 2020 that it has gone into voluntary administration has taken us all by surprise. According to the announcement, the decision was made because Sports Australia has withdrawn its funding. Equestrian South Australia was unfortunately given no prior warning of this development.

We understand that many of you are concerned about the future of EA and what it will mean for you as a competitor and equestrian member. Whilst it may take some time for us to fully understand the impact this decision will have on our equestrian community here in South Australia, we want to confirm the following:

•  Equestrian Australia (EA) and Equestrian South Australia (ESA) are separate legal entities and the decision taken by EA should not impact ESA operations;
• As a current financial member of ESA, you remain fully insured until 30 June 2020; 

• ESA will work directly with the Administrators and insurance brokers to ensure our members continue to be insured into the 2020-21 Financial Year;
• ESA is forecasting to be cash positive for FY20 and has satisfactory cash reserves at this time. We remain committed to our return to sport plan and will continue to support our members and affiliate clubs;
• ESA is seeking to meet with the administrators as soon as possible to work through issues arising and, in the longer term, will seek a voice in any proposals for any changes to EA's constitution or governance arrangements.

ESA will keep you informed as more information comes to hand. We appreciate your patience as we navigate through this difficult time. We hope to minimize as much disruption to our members as possible. 

In the meantime, we will continue working through our Governance Review plan and our return to sport.

Regards,

Kirsty Dummin

Executive Officer