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![Not allowed!](images/buttons/down_dis.png)
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I would say that he has thrown that in because why should your "force" an option on the "other" affected that you wouldn't at least consider yourself. Smart negotiator is that Twiggy.
Love the Board Rooms not Court Rooms quote.
I expect an early outcome on the Arbitration, Wednesday at the latest.
80 Minutes, 15 Positions, No Protection, Wanna Ruck?
Ruck Me, Maul Me, Make Me Scrum!
Education is Important, but Rugby is Importanter!
umm... how do i get onto the loan idea.
I do not have the funds currently, due to an volunteeering trip starting at hte end of the month, but i want to get on board!
Andrew Forrest’s Support Doubles the Benefits for Grass Roots Rugby in WA
By Fraser Smith
Mon 31st July 17
Andrew Forrest's commitment to throw the full spectrum of his support into saving the Road Safety Western Force has now been extended to also supporting the development and growth of community rugby in WA at the grass roots level.
The announcement this morning that his support now includes the offer of unsecured and interest free loans to those supporters who really want to join the "Own the Force" fund but can't afford to and that the repayment of those loans will be made to RugbyWA, not Mr Forrest also benefits community rugby.
This generous offer fits with both Mr Forest and RugbyWA's objective for the Road Safety Western Force to be a community owned organisation through a successful "Own the Force" fundraising but also provides direct support to WA's rugby community through the repayments of the loans going into the development of grass roots rugby.
"Andrew's idea of promoting community participation by doubling the benefit for the cause will have a wonderful impact on both the professional game but more importantly provide funds for RugbyWA to support the growth of grass roots rugby in Western Australia at the community level ranging from our under 6's through to junior and schoolboy rugby, women’s rugby and clubs both in Perth and regional areas." Said Mr Howarth Rugby WA's Chairman.
“We are looking forward to sitting down with Andrew to work through the implementation of the proposal.”
RugbyWA also adds its' support to Andrew's voice off the back of this ground-breaking support for Rugby in WA that the ARU should lead, not just litigate and confirm its past commitments to rugby as a national game.
https://www.westernforce.com.au/arti...roots-rugby-wa
80 Minutes, 15 Positions, No Protection, Wanna Ruck?
Ruck Me, Maul Me, Make Me Scrum!
Education is Important, but Rugby is Importanter!
Please post any news here ASAP
C'mon the![]()
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I don't practice in the area of corporate law, but from my studies over 48 years ago, I recall that a company was legally prevented from lending money to purchase its own shares.
This lending arrangement, with the repayments going back to RugbyWA, seems to be close to that situation.
I hope it's been thought through by the legal advisors.
But isn't it Twiggy - an independent third party - who's going to be lending the money? In fact, he's not lending anything - he's giving it away (albeit with strings attached).
Proudly Western Australian; Proudly supporting Western Australian rugby
It's a grey area if he's donating the money to RugbyWA to lend for purchase of it's shares, Alison.
Anyway, I'm no expert, and I'm sure they'll work it out so it complies.
Yep, it's there in section 205 of the 1989 Corporations Act (Cwth) which replaced the old Companies Act.
Last edited by fulvio sammut; 31-07-17 at 15:02.
Sanzaar have stated that the format for next years competition is, 5 NZ teams, 4 teams from Aus and SA. So, when the Force win the arbitration and it's deemed that we are safe, with the Rebels being privately owned, how does it work going forward if Sanzaar only issue 4 licences to Australia? Do the ARU have the untidy task of negotiating with Cox/VRU in order to buy their licence and cut them at that point, or will the Force get dragged into the issue again if the merri-go-round picks up again in a Court case?
I have read that if the VRU buy the Rebels licence then they are as good as safe, but don't understand how this can be the case.....!
It is my understanding that the ARU have to sign off on the transfer of the license and can, if they wish, veto such a move.
However this still leaves Cox with the license and they're back to square one.
If they can't get rid of the Force or the Rebels, and they are required to remove one team from Super Rugby then there's going to be some significant problems for the three remaining teams.
But since they still believe they don't need a plan B I can't see them remotely considering that they will require a plan C if it all goes to shit.
I hope it all goes to shit and suddenly the Tahs, Reds and Brumbies are in the same situation the Force and Rebels have been for the last few months.
I don't want them to go
but I'd like to see them sweat a bit.
Last edited by travelling_gerry; 31-07-17 at 16:17.
Exile
Port Macquarie
"Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done! Now if you know what you’re worth then go out and get what you’re worth. But ya gotta be willing to take the hits, and not pointing fingers saying you ain’t where you wanna be because of him, or her, or anybody! Cowards do that and that ain’t you! You’re better than that!" - Rocky Balboa
Shares are to buy Force not RugbyWA
RugbyWA not lending the money