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Why Richards was “incredibly embarrassed” by Essendon-Sydney trade

Ted Richards admits his trade from Essendon to Sydney in 2005 left him feeling a bit uneasy.

Richards was 22 at the time when he told the Bombers he’d like to move on after playing 33 games in four seasons in the red and black.

The defender landed at the Swans in exchange for picks 19 and 50, revealing that he was actually embarrassed with what transpired.

“I was out of contract, which makes it far easier, and I said I’d like to go to the Swans,” he told SEN’s Bob and Andy.

“I played the majority of that year at the Bendigo Bombers so I was incredibly embarrassed when Essendon put a first-round draft pick price tag on my head.

“I was even more embarrassed when the Swans said yes, we’ll pay it. I was like, hang on, I’m on the bus to Bendigo every week playing in the VFL.

“Then Essendon came back and said, ‘No, we want more. We want a third-round draft pick’. So there was a discussion around steak knives.

“So it was kind of comical what they had to pay for me. I felt quite sheepish about that.”

Richards would go on to play 228 games for the Swans and was a key part of the 2012 premiership side, landing All-Australian honours that year.

He says things could have been very different.

“I met with ‘Rocket’ (Rodney Eade) quite a few times at the Dogs. I was 22 at the time and quite keen to stay in my comfort zone in Melbourne,” he added.

“But the more I thought about it, the more I was like I actually think a new start with a new team starting off in a new city was quite a good thing.

“The reason why I wanted to go to the Swans was they played in the Grand Final in 2005. It was like three or four days before the Grand Final and they asked if I could fly up to meet with all the coaches.

“I was thinking, you’ve got a Grand Final in a few days, why do you want me to come up for. And they said we want you to be part of our plans next year.

“That was just the biggest indication to me that here’s someone that wants me. The fact me they were prepared to fly me up and with all they’ve got going on, chat with me, was probably further reinforcement that this is where I want to be.”

Initially drafted with pick 27 in the 2000 draft, Richards had no idea he would find his way to Windy Hill as North Melbourne had shown the most interest.

But it was Adrian Dodoro and the Dons who pounced.

“There was about four or five (clubs keen) which was quite a lot I thought considering I didn’t get an invite to the draft camp,” he said.

“The Kangaroos had shown the most interest.

“The night before the draft, Greg Miller who was then at the Roos, came around and said, ‘Look, we’re going to take you tomorrow. We’ve got a new sponsor on board in Russell Athletic, here’s a polo, here’s a hat. When we pick you up and say your name, can you get this on as quick as possible’.

“I recall they had quite a few picks and I was only a 17-year-old that didn’t get an invite to the draft camp. They took Drew Petrie (pick 23) and (Daniel) Harris (pick 14). I think they even had one late 20s and I was just waiting for that and then Dodoro read my name out.”

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Decisive days for Britain trade pact, European Union prepares for a no-deal Brexit

BRUSSELS: The European Commission cannot guarantee there will be a trade pact with Britain after its departure from the European Union and the coming days will be crucial, the EU’s chief executive said on Wednesday, adding the bloc was prepared for a no-deal.

“The next days are going to be decisive. The European Union is well prepared for a no-deal scenario,” European Commission President Ursula von der Leyen told the European Parliament.

“With very little time ahead of us, we will do all in our power to reach an agreement. We are ready to be creative”, she said.

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Rendell’s Trade Grades – Melbourne

Former AFL recruiter Matt Rendell has delivered his assessments of each of the 18 clubs and their performances in the recent Trade Period.

Melbourne added key forward Ben Brown while losing Mitch Hannan and Braydon Preuss during what was a very strategic trade period.

See Rendell’s Tyrepower Trade Grade for the Demons below:

Trade Grade: C

Rendell says:
Ben Brown is a really important acquisition for Melbourne and not at a great expense.

His output over the last four years has been equal to Jeremy Cameron, who commanded three first-round picks. He should work well in tandem with Sam Weideman.

The rest of their trade period was very strategic, based around receiving as many selections as they could for this year’s draft. They have traded out many future selections to be a player in 2020. Expect them to be very busy through until the draft and on draft night in swapping selections to suit.

Really like what they have done, but could only give a C because the proof of their work is yet to be realised, but in a years’ time it could be an A.

Ben Brown (from North Melbourne)

Mitch Hannan (to Western Bulldogs)
Braydon Preuss (to GWS)

2020 draft hand:
18, 19, 28, 50, 89

2020 season performance:
Wins: 9
Losses: 8
Position: 9th

Rendell's Trade Grades - 2020 (13)

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Rendell’s Trade Grades – Collingwood

Former AFL recruiter Matt Rendell has delivered his assessments of each of the 18 clubs and their performances in the recent Trade Period.

Collingwood was embroiled in some trade period drama with Adam Treloar, Jaidyn Stephenson, Tom Phillips and Atu Bosenavulagi all out the door.

See Rendell’s Tyrepower Trade Grade for the Magpies below:

Trade Grade: F

Rendell says:
If you lose three players that are in your starting 22 and a talented young small forward who made a real impression on his debut, that is not a very good trade period.

When you lose these players and receive poor returns and are paying some of their wages as well, it’s a disaster.

The saving grace is that the Magpies now have 14, 16 and a future first to trade up and possibly end up with three first-rounders. With that they might be able to salvage something from the wreck. However, it might be akin to raising the Titanic.

The saving in their salary cap will be a major relief, although the bad news that the Dayne Beams settlement has to be partly included in their TTP is going to somewhat offset those savings.

Still have a very talented top 30 though, so there is much hope.


Jaidyn Stephenson (to North Melbourne)
Atu Bosenavulagi (to North Melbourne)
Tom Phillips (to Hawthorn)
Adam Treloar (to Western Bulldogs)

2020 draft hand:
14, 16, 65, 70, 75, 92

2020 season performance:
Wins: 10
Draws: 1
Losses: 8
Position: 8th (lost Semi Final)

Rendell's Trade Grades - 2020 (12)

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Rendell’s Trade Grades – Port Adelaide

Former AFL recruiter Matt Rendell has delivered his assessments of each of the 18 clubs and their performances in the recent Trade Period.

Port Adelaide did some solid business by bringing in Aliir Aliir and Orazio Fantasia from Sydney and Essendon respectively.

See Rendell’s Tyrepower Trade Grade for the Power below:

Trade Grade: B

Rendell says:
A fairly low-key player who did what they had to do.

Brought in a key back in Aliir Aliir – a position where they were vulnerable in 2020 – and a class act in Orazio Fantasia, who at his best is one of the more dynamic and elusive forwards in the competition. His arrival allows Connor Rozee and Zak Butters to move into the midfield and Robbie Gray isn’t getting any younger.

Gave up some futures, but just smart moves with no fuss.

Aliir Aliir (from Sydney)
Orazio Fantasia (from Essendon)


2020 draft hand:
35, 47, 57, 59, 73, 95

2020 season performance:
Wins: 15
Losses: 4
Position: Minor premiers (lost Preliminary Final)

Rendell's Trade Grades - 2020 (11)

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EU, Canada, others push trade plan to help in COVID-19 battle

FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium August 21, 2020. REUTERS/Yves Herman

November 23, 2020

By Philip Blenkinsop

BRUSSELS (Reuters) – The European Union, Canada and 11 other countries agreed on Monday to measures such as eliminating export curbs they believe should form the basis of a global deal to help tackle COVID-19 and future pandemics.

The “Ottawa Group” will present its proposals to the World Trade Organization in mid-December in the hope its 164 members will sign up early in 2021.

“If we adopt something in early spring of next year, say March, that would still be a moment when this would be relevant for the management of the pandemic,” a European Commission official said, adding this would cover a busy period when vaccines were being made and distributed.

The group, which does not include the United States or China, wants WTO members to commit to removing export restrictions on medical supplies – some 70 still have them in place, according to EU officials.

Any such restrictions should be targeted and temporary and not disturb the COVAX initiative to provide equitable access to COVID-19 drugs.

WTO members should, they say, take steps to ease trade flows, such as streamlining customs, and not impose on pandemic-related goods during the crisis.

They also urge greater transparency and believe the WTO, World Health Organization and World Customs Organization can work more closely to be ready for future pandemics.

The Ottawa Group’s other members are Australia, Brazil, Chile, Japan, Kenya, South Korea, Mexico, New Zealand, Norway, Singapore and Switzerland.

The group’s initiative is not the only one related to the pandemic at the WTO.

India, South Africa and other developing countries want to waive intellectual property rules to improve access to affordable drugs.

The European Union, the United States and other wealthy nations oppose this, saying pharmaceutical companies need financial incentives to develop vaccines and therapies and there is sufficient flexibility under existing trade rules.

(Reporting by Philip Blenkinsop; Editing by Nick Macfie)

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Trade finance got more digitised post-Covid: Report

The disruptions in supply chains during the first two quarters of the COVID-19 pandemic has pushed banks to move their trade finance transactions which were essentially paper-based to a digital platform. During the pandemic, Axis Bank, HDFC Bank and State Bank of India were most helpful in helping their clients mitigate the impact of COVID-19 on trade finance, according to a survey by Greenwich Associates, the analytics arm of ratings firm Crisil.

“Battered by the COVID-19 crisis, large Indian companies are looking to their banks for digital solutions that can make their supply chains more resilient to pandemic-related disruptions” said the report released by Crisil.

Covid related supply chain disruptions are resulting in speeding the transformation of trade finance—one of the banking industry’s last paper-based holdouts—into a digital business.

The global pandemic hit global trade flows harder than the global financial crisis of 2008–2009. Now, a second wave of COVID cases in the United States and Europe are dashing hopes of an early recovery. For large Indian corporates, that could mean a continuation of troubles experienced in the first half of this year, including supply-chain disruptions due to lockdown measures, industrial shutdowns and the resulting delays in shipping and transport, according to the report.

“In the crisis, operational agility and digital solutions are taking precedence over the traditional priorities of financing trades and meeting liquidity needs” said Gaurav Arora, head of APAC & Middle East at the Crisil coalition Greenwich.

The global supply chain landscape is changing, with corporates across the world reassessing their supply chains and repositioning for the “new normal.” In tandem, trade finance is shifting shape, aided by digital interventions and the changing needs of the corporates. The deep transformation in global trade and commerce that is currently underway will require banks to increase their digitalization efforts and make end-to-end connectivity a reality. The prevailing environment affords banks the opportunity to assess their current digitization drive, identify the gaps, and rethink and redesign for the future, the report said.

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Rendell’s Trade Grades – Western Bulldogs

Former AFL recruiter Matt Rendell has delivered his assessments of each of the 18 clubs and their performances in the recent Trade Period.

It was a very strong trade period for the Western Bulldogs who landed Adam Treloar, Stefan Martin and Mitch Hannan while losing Lachie Young.

See Rendell’s Tyrepower Trade Grade for the Bulldogs below:

Trade Grade: B+

Rendell says:
Tim English badly needed help in the ruck and Stefan Martin is a great fit who will allow the young ruckman to develop as a key forward as well.

Mitch Hannan is a good player and because he can mark the ball maybe he takes some pressure off Aaron Naughton.

Adam Treloar is an excellent pick-up and they traded cheaply for him, giving up pick 14, but would have been using that on Jamarra Ugle-Hagan so no damage done there.

They have given up future picks next year but have more than enough points for this year’s draft.

What we don’t know is how much Collingwood are paying of Treloar’s wages and if it is a lot then the Dogs would have received an A.

Mitch Hannan (from Melbourne)
Stefan Martin (from Brisbane)
Adam Treloar (from Collingwood)

Lachie Young (to North Melbourne)

2020 draft hand:
26, 33, 41, 42, 54, 90

2020 season performance:
Wins: 10
Losses: 7
Position: 7th (Lost Elimination Final)

Rendell's Trade Grades - 2020 (10)

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