According to Sir Humphrey Appleby: Never believe anything until it's been officially denied!
Printable View
But when you said "And little wonder fans are so engaged", you specifically invited comparison between the situation there and ours here. If what you actually meant to say was "When I look at the NH with it's large populations & highly interesting mix of concurrently running competitions, it is a completely different situation and there is nothing at all to be learned from it...", it does kind of change the way the whole thing read. :scratch:
:salut: :hehehe:
There is a Herald Sun story behind the paywall claiming the Rebels board expect RA to foot the $10m tax bill.
Well, why not? They've footed the bill every single other time, so why even try to be responsible...
Stolen from GAGR where someone got around the paywall on The Australian:
Quote:
It’s a more imminent affair for those owed money by failed Super Rugby club Melbourne Rebels, with creditors said to be owed a whopping $20m-odd set to gather on Thursday to hear from administrators PwC, which is now running things.
Rugby Australia, which was being assisted on the affairs of the club by insolvency expert Morgan Kelly from EY, is believed to have called in PwC, with the call ultimately made last week by Rebels director Owain Stone, who is also the finance director of Rugby Union Victoria.
At noon last Thursday, Rebels directors Neil Hay, Lyndsey Cattermole and Stone met with PwC reps before the appointment paperwork to make it all official was signed
Like in most collapses, the Australian Taxation Office is a significant creditor, with the Melbourne Olympic Parks Trust, which runs AAMI Park where the Rebels are based, also expected to be owed a significant amount, with any loss to be ultimately borne by the Victorian taxpayer.
There are several other suppliers to the Rebels that hold security over club assets, including billionaire Kerry Stokes’s Coates Hire, which is controlled by his Seven Group.
There are also several Rebels directors, including so-called angel investor Cattermole, who is a former director of Myer and Treasury Wines, who have committed funding to the club. Ouch.
"There are several other suppliers to the Rebels that hold security over club assets, including billionaire Kerry Stokes’s Coates Hire, which is controlled by his Seven Group."
Have to admit, with the trend of 7 West media trolling Twiggy Forrest due to the barney over Westrac I'm LOLing pretty hard that they're both involved in a rugby team and the Whiny one is owed a bunch of money.
I wonder if we'll be seeing any positive rugby stories in the West soon?
I also did not know until 10 minutes ago that the Rebels cannot sell any tickets to individual games while under Voluntary Administration, memberships only.
Has Train Without A Station (TWAS) changed his name to Team Without A Stadium yet?
"Rugby Australia, which was being assisted on the affairs of the club by insolvency expert Morgan Kelly from EY, is believed to have called in PwC, with the call ultimately made last week by Rebels director Owain Stone, who is also the finance director of Rugby Union Victoria.
At noon last Thursday, Rebels directors Neil Hay, Lyndsey Cattermole and Stone met with PwC reps before the appointment paperwork to make it all official was signed"
Ah well, good to see they've called in the experts at dicking the tax office out of money, at least... :rolleyes:
Nick Taylor has also posted something like that on Sea Of Blue. The last bit is alarming. Surely not.
FROM THE HERALD SUN
REBELS’ TAX DEBT BRAWL LOOMS
The crisis at Rugby Australia has deepened over who should pay the Melbourne Rebels’ $10 million tax debt, and what happens to the club’s future.
The crisis at Rugby Australia has deepened amid a boardroom brawl over who pays back the Melbourne Rebels' $10 million tax debt.
Can't see the rest yet but apparently old mate Mr North is claiming RA is responsible for the tax bill.
And, disturbingly, whispers in Victoria that the Government may look at helping them out!
Merger with Pasifika on the rumour mill now
Note to Pasifika:
"Run,run...you better Run like hell. Run, run, run, run....'
- apologies to David Gilmour.
Not exactly a rumour, the rest is behind The Australian paywall...anyone have access?
Leaked documents claim RA wanted to ‘destroy’ Super Rugby
An explosive Melbourne Rebels’ manifesto has slammed Rugby Australia’s leadership claiming they have underfunded Super Rugby in order to ‘destroy’ it. The secret documents also reveal the Rebels were due to merge with Moana Pasifika imminently