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  • NTAN Offline
    NTAN Offline
    NTA
    replied to nzzp on last edited by
    #4636

    @nzzp said in Aussie Rugby:

    @KiwiMurph How do you owe $6M to board members?

    Especially as the board got you into this mess.

    They should be blackballed.

    1 Reply Last reply
    2
  • BovidaeB Offline
    BovidaeB Offline
    Bovidae
    replied to nzzp on last edited by
    #4637

    @nzzp said in Aussie Rugby:

    @KiwiMurph How do you owe $6M to board members?

    Did some provide personal loans?

    KiwiwombleK NTAN 2 Replies Last reply
    0
  • KiwiwombleK Offline
    KiwiwombleK Offline
    Kiwiwomble
    replied to Bovidae on last edited by
    #4638

    @Bovidae said in Aussie Rugby:

    @nzzp said in Aussie Rugby:

    @KiwiMurph How do you owe $6M to board members?

    Did some provide personal loans?

    thats what i was wondering

    @KiwiMurph said in Aussie Rugby:

    
    and $2.8 million to suppliers – which include sponsors that paid their fees upfront.
    

    what does this mean? the sponsors pay them a fee to get a sign on the ground on jersey or something, how can they owe them money? is that only if they get wound up and dont play games so the sponsor doesnt get their moneys worth?

    C 1 Reply Last reply
    0
  • C Offline
    C Offline
    chucknz
    replied to Kiwiwomble on last edited by
    #4639

    @Kiwiwomble
    The sponsorship part is probably future year agreements that have been paid upfront I guess

    KiwiwombleK 1 Reply Last reply
    0
  • KiwiwombleK Offline
    KiwiwombleK Offline
    Kiwiwomble
    replied to chucknz on last edited by Kiwiwomble
    #4640

    @chucknz so only an issue if they are wound up? the rebels owe them EITHER the money or the exposure?

    C 1 Reply Last reply
    1
  • C Offline
    C Offline
    chucknz
    replied to Kiwiwomble on last edited by
    #4641

    @Kiwiwomble
    Thats how I imagine it to be, the Rebels would have performance/appearance clauses with the sponsors and if not meet then money may need to be repaid

    1 Reply Last reply
    1
  • NTAN Offline
    NTAN Offline
    NTA
    replied to Bovidae on last edited by
    #4642

    @Bovidae said in Aussie Rugby:

    @nzzp said in Aussie Rugby:

    @KiwiMurph How do you owe $6M to board members?

    Did some provide personal loans?

    That's absolute fuckery, if true. You're on the Board to ensure things run smoothly. Popping your own cash into the venture creates a massive conflict of interest.

    M MajorRageM 2 Replies Last reply
    1
  • KiwiwombleK Offline
    KiwiwombleK Offline
    Kiwiwomble
    wrote on last edited by
    #4643

    i guess they might just not have been paid their fee's, they may have agreed to defer payments

    1 Reply Last reply
    0
  • antipodeanA Online
    antipodeanA Online
    antipodean
    wrote on last edited by antipodean
    #4644

    If they've amassed $6m in board fees since 2020 for such an organisation, I can see why they're in the state they are.

    1 Reply Last reply
    3
  • M Offline
    M Offline
    Machpants
    replied to NTA on last edited by Machpants
    #4645

    @NTA said in Aussie Rugby:

    @Bovidae said in Aussie Rugby:

    @nzzp said in Aussie Rugby:

    @KiwiMurph How do you owe $6M to board members?

    Did some provide personal loans?

    That's absolute fuckery, if true. You're on the Board to ensure things run smoothly. Popping your own cash into the venture creates a massive conflict of interest.

    LOL that is pretty much every 'big benefactor' in sport. They give loans, which are sometimes written off, and they sit on boards. See all the premiership teams

    NTAN 1 Reply Last reply
    0
  • NTAN Offline
    NTAN Offline
    NTA
    replied to Machpants on last edited by
    #4646

    @Machpants said in Aussie Rugby:

    LOL that is pretty much every 'big benefactor' in sport. They give loans, which are sometimes written off, and they sit on boards. See all the premiership teams

    They must be much better at whatever they did to get the money than they are running a rugby club.

    1 Reply Last reply
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  • TimT Away
    TimT Away
    Tim
    wrote on last edited by
    #4647

    https://www.theroar.com.au/2024/02/14/wallaby-signs-with-english-giants-in-new-setback-for-reeling-rebels/

    antipodeanA 1 Reply Last reply
    0
  • antipodeanA Online
    antipodeanA Online
    antipodean
    replied to Tim on last edited by
    #4648

    @Tim Two things:

    1. Rebels won't exist next year so that's a smart move by his agent.
    2. Never heard of this Wallaby, so I'd suggest it's no loss.
    Dan54D 1 Reply Last reply
    2
  • Dan54D Offline
    Dan54D Offline
    Dan54
    replied to antipodean on last edited by
    #4649

    @antipodean Mate he not a bad player at all and a loss. I surprised you have never heard of him if you follow rugby.

    1 Reply Last reply
    0
  • NTAN Offline
    NTAN Offline
    NTA
    wrote on last edited by NTA
    #4650

    Good player. Only 25. More of a mobile blindside than a big bopper, tho at 193cm and 110kg no midget.

    It's a shame. Even if there is a Rebels next year, not sure what they'll have left in terms of players.

    Maybe the Force can stop being a retirement gig for foreign players and pick a few up.

    An 11-team comp will be a bit shit tho.

    M WingerW 2 Replies Last reply
    0
  • KiwiMurphK Offline
    KiwiMurphK Offline
    KiwiMurph
    wrote on last edited by
    #4651

    Another nail in the coffin

    The Melbourne Rebels’ hopes of surviving beyond this season are swiftly fading after 10 administrative staff, including chief executive Baden Stephenson, were made redundant, with the remaining staff and coaches put on four-month contracts to see out the Super Rugby campaign.
    
    A day out from Super Rugby Pacific’s glitzy launch in Auckland, administrators PricewaterhouseCoopers began the process of winding up the Rebels on Tuesday by terminating the employment of all staff members, excluding players (given Rugby Australia is a party to their contracts).
    
    1 Reply Last reply
    2
  • M Offline
    M Offline
    Machpants
    replied to NTA on last edited by
    #4652

    @NTA said in Aussie Rugby:

    Good player. Only 25. More of a mobile blindside than a big bopper, tho at 193cm and 110kg no midget.

    It's a shame. Even if there is a Rebels next year, not sure what they'll have left in terms of players.

    Maybe the Force can stop being a retirement gig for foreign players and pick a few up.

    An 11-team comp will be a bit shit tho.

    With 11 you could have a complete home and away round robin, as no need for rest weeks, then semi and finals, I think

    NTAN 1 Reply Last reply
    5
  • KiwiwombleK Offline
    KiwiwombleK Offline
    Kiwiwomble
    wrote on last edited by
    #4653

    Australia name squad for Rugby World Cup 2023

    Australia name squad for Rugby World Cup 2023

    Head coach Eddie Jones has named his final Wallabies squad for Rugby World Cup 2023 in France.

    Josh Kemeny was named as an outside back for the world cup....so not sure his profile is quite as good as he might like

    1 Reply Last reply
    0
  • NTAN Offline
    NTAN Offline
    NTA
    replied to Machpants on last edited by NTA
    #4654

    @Machpants said in Aussie Rugby:

    With 11 you could have a complete home and away round robin, as no need for rest weeks, then semi and finals, I think

    You get rid of the ridiculous situation where 2 clubs have the week off, it's true.

    Not sure Australian Rugby is willing to give up the conference system tho 🙂 Not enough wins 😀

    1 Reply Last reply
    0
  • Dan54D Offline
    Dan54D Offline
    Dan54
    wrote on last edited by
    #4655

    Man I can't believe after the talk from Waugh ,that you still can't buy tickets to Fridays night's game, it's only 5 days!

    boobooB 1 Reply Last reply
    0

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