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  1. Article is pasted and discussed in a separate...

    Article is pasted and discussed in a separate thread on the home page.
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    Just starting to read the report now. The...

    Just starting to read the report now.

    The 14.2 million advance isn't repayable however interest will accrue over 1 percent above LIBOR repayable by December 31 2023. $4.7 million has been...
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    Yep who would want to be responsible for $21.1...

    Yep who would want to be responsible for $21.1 million minimum in loans to be paid back before interest is accrued without a proper tv deal.
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    The $14.2 million from the IRB which was...

    The $14.2 million from the IRB which was converted from pounds is actually a loan that will accrue interest at the London Inter-bank offered rate (LIBOR) and due in 2023. So the interest is in Pounds...
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    I wonder if there are extra auditing costs given...

    I wonder if there are extra auditing costs given that KPMG essentially did overtime to get this done.
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    Probably to do with the fx hedging with HSBC. To...

    Probably to do with the fx hedging with HSBC. To do business with that bank you have to have substantial money which the RA don’t have.

    How I read it from reports.

    - $6.9 million hedging loan...
  7. Blame it on autocorrect. You can go back and edit...

    Blame it on autocorrect. You can go back and edit it as no one has quoted the post.
  8. The RA’s accounts still not up.

    The RA’s accounts still not up.
  9. He is just losing and it is sad. It’s his...

    He is just losing and it is sad. It’s his livelihood and he is clinging on to it.
  10. They will then be accountable to shareholders.

    They will then be accountable to shareholders.
  11. Yet Harold Mitchell was struck off for doing the...

    Yet Harold Mitchell was struck off for doing the same thing.
  12. Cottrell and Meakes are bit too young to be...

    Cottrell and Meakes are bit too young to be writing themselves off by playing in the US. If I was Cottrell and considering going overseas it would be to Europe. Stronger opposition, more games and...
  13. Rugby union: Up to 16 Rebels poised to quit ...

    Rugby union: Up to 16 Rebels poised to quit

    JESSICA HALLORAN

    AN HOUR AGO MAY 27, 2020

    The future of the Melbourne Rebels franchise is under a cloud with 16 players either set to take up...
  14. Wayne has put out an article stating that Twiggy...

    Wayne has put out an article stating that Twiggy is going to fund the Force in this ‘comp.’
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    Some things never change and the farkwits thought...

    Some things never change and the farkwits thought he could finance a sporting franchise.
  16. Current contracts. Rodda might end up at the Tahs.

    Current contracts. Rodda might end up at the Tahs.
  17. All three have terminated their deals.

    All three have terminated their deals.
  18. Re the Sunwolves it will come down to money and...

    Re the Sunwolves it will come down to money and whether they can get a travel exemption to fly here as non citizens and quarantine. The RA are so poorly planned they don’t have grounds lined up, a...
  19. Wayne Smith has written an open letter to Lucas...

    Wayne Smith has written an open letter to Lucas and Hockings have never seen something so desperate from a journo.
  20. Only Aussies and Kiwis can fly in to the country.

    Only Aussies and Kiwis can fly in to the country.
  21. Flights are running. Two Aussies who are playing...

    Flights are running. Two Aussies who are playing in the Premier League flew back to England a few days ago.

    European borders are reopening for the Summer break.
  22. It was bizarre that he left Connacht as he went...

    It was bizarre that he left Connacht as he went there with limited pro experience, would have got plenty of minutes as Jack Carty is around the Irish squad and opportunities in the Champions Cup.
    ...
  23. I question who is advising him also have walking...

    I question who is advising him also have walking out on a Connacht contract after a few months to go to the Force who were having delays with setting up a competition. Than go to the Rebels to be a...
  24. I am surprise that there are not more looking...

    I am surprise that there are not more looking abroad as the RA aren’t signed to a competition next year and there is no broadcast deal on the horizon to give an indication of what they can earn.
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    They won’t get a payment from the IRB in 2023 for...

    They won’t get a payment from the IRB in 2023 for compensating loss of revenue.

    It was nice of Roger Davis to speak on everyone’s behalf.
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