No mention on the East Coast media big surprise
Thank for that
Rugby Australia email leak calls Western Force decision into question
Nick Taylor, PerthNow
November 26, 2017 1:41PM
RUGBY Australia was brokering a deal to save the Melbourne Rebels two months before the decision to axe Western Force from Super Rugby was announced.
A confidential email from chief executive Bill Pulver shows he was discussing the deal to transfer the Rebels licence from businessman Andrew Cox to the Victorian Rugby Union in June this year.
Pulver denied any involvement in the subsequent transfer of the Rebels licence.
“I was not involved in any way with the transfer of licence back to VRU. I was taken by surprise when it happened. I am not sure what email you are referring to,” he said.
The email, leaked to Seven West Media, was sent from Pulver to Cox and other RA management. Among key terms was that (foundation Rebels directors) Lyndsey Cattermole and Bob Dalziel would repay creditors to ensure the club was “debt-free”.
That allowed the “put option”, used to transfer the licence from Cox’s Imperium Group to the VRU on August 4 when they bought 11,625,000 shares for $1.
RA claimed it was blindsided when news of the sale leaked and said it had to approve any transfer or sale of ownership.
Pulver stated in the June 28 email that another term of the deal was that: “Imperium exercises the put option to the VRU such that the VRU becomes the sole shareholder of the Rebels.”
He told the senate inquiry into the future of rugby in September: “In fact, at the 12th hour minor shareholders within the Melbourne Rebels came forward with incremental capital to prop up the enterprise, which removed it from the prospect of insolvency.
“Those two (Force and Rebels) were both live right up until the final decision.”
Western Force members and supporters were devastated by the decision.
Western Force members and supporters were devastated by the decision.Picture: Nic Ellis
RA chairman Cameron Clyne told the inquiry last month: “I have said there was a very real option that both teams were being considered right through until August.”
The email relates to a finding from the inquiry: “Confidential evidence shows the ARU were directly involved in the execution of the transfer of the Melbourne Rebels’ licence from Imperium to VRU.
“The committee understands these negotiations were well under way by June 2017.”
The committee also said it had: “... been made aware that the ARU suggested Imperium exercise a put option and were involved in negotiations which cleared Melbourne Rebels debt thereby allowing the put option to the Victorian Rugby Union to be exercised.
“These events took place in June 2017 and effectively made it impossible to end their licence.”
'I may be a Senator but I am not stupid'
https://omny.fm/shows/the-alan-jones-breakfast-show/cameron-clyne
Link to Senate Report http://www.aph.gov.au/senate_ca
https://www.change.org/p/rugby-australia-petition-for-cameron-clyne-to-resign-as-chairman-of-the-rugby-australia-board
Going to go on the Roar
'I may be a Senator but I am not stupid'
https://omny.fm/shows/the-alan-jones-breakfast-show/cameron-clyne
Link to Senate Report http://www.aph.gov.au/senate_ca
https://www.change.org/p/rugby-australia-petition-for-cameron-clyne-to-resign-as-chairman-of-the-rugby-australia-board
Pulver and Clyne lied to the Senate Committee. We knew it, this proves it!
Has this been sent to the Committee?
'I may be a Senator but I am not stupid'
https://omny.fm/shows/the-alan-jones-breakfast-show/cameron-clyne
Link to Senate Report http://www.aph.gov.au/senate_ca
https://www.change.org/p/rugby-australia-petition-for-cameron-clyne-to-resign-as-chairman-of-the-rugby-australia-board
Where have you posted it?Originally Posted by Bakkies
Jack's article probably still in the moderation queue
'I may be a Senator but I am not stupid'
https://omny.fm/shows/the-alan-jones-breakfast-show/cameron-clyne
Link to Senate Report http://www.aph.gov.au/senate_ca
https://www.change.org/p/rugby-australia-petition-for-cameron-clyne-to-resign-as-chairman-of-the-rugby-australia-board
Bakkies ,can you postyour roar comment here?
Which option though - remember there were two!
Proudly Western Australian; Proudly supporting Western Australian rugby
The other put was rumoured to be sell back to ARU.
The plot's already pretty thick, but......
C'mon the
Alison the put option to sell the Rebels back to the VRU. The other was to take the Rebels over including their licence
Just said to Sheek this will make you even more angry and pasted the link
Duly posted on a few threads on GAGR.
Highlander didn't take too long to deflect
'I may be a Senator but I am not stupid'
https://omny.fm/shows/the-alan-jones-breakfast-show/cameron-clyne
Link to Senate Report http://www.aph.gov.au/senate_ca
https://www.change.org/p/rugby-australia-petition-for-cameron-clyne-to-resign-as-chairman-of-the-rugby-australia-board
I have also tweeted the link to the article to Jamie pandaram, Gina Robinson, Iain Payteen and Jim Tucker calling on them as rugby journalists to investigate and report on the injustice done to us
Simon Cron: “People talk about winning and losing all the time and they are critical, but there’s a process to get into and it’s the ability to stay present, do your job and execute skills under pressure.”
Good man.
Don't worry about Slim he can get nasty at times
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