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Exactly - at the EGM the Rebels showed no compunction in offering up the Force for the cut, so long as they were safe! What shits me most is the song and dance made about $4.8mill (whatever) for the licence, and yet no one seems to have bleated a word about the massive $$$ that's disappeared in this latest deal. Who the hell paid their debt off? Not a bloody peep about it, it just gets magically disappeared.
Are we sure the MRRU had any debt when the VRU took over on Friday? Don't forget the ARU made sure the company was debt-free when Cox acquired it in mid-2015 and has given them extra money since then in the form of additional grant funding. If they are still in debt despite that, then their accountants are rubbish!
Maybe Lou can tell us? The company has not filed any accounts in its own right with ASIC so it's not possible for us to check.
Proudly Western Australian; Proudly supporting Western Australian rugby
I would suggest that if they carried debt into the Friday transfer, the Rebels need to be put out of their misery quickly.
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"The main difference between playing League and Union is that now I get my hangovers on Monday instead of Sunday - Tom David