Aussie Pro Rugby
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Private equity giant in talks with Rugby Australia
A group of Rebels executives took a blank canvas approach to rugby in 2021. Their proposal is now in play with one of the world's biggest private equity groups.
The global private equity giant that bought a $4 billion stake in the UFC is in talks with Rugby Australia to make a game-changing investment in the embattled football code. The Herald can reveal the Australian arm of American firm Kohlberg Kravis Roberts is in early talks with Rugby Australia, in collaboration with the Melbourne Rebels, about taking a stake in the sport worth "hundreds of millions of dollars", according to people with direct knowledge of the matter. The parties met last week and are taking discussions further, based on a 2021 competition model for the professional game that will most likely dismantle the 25-year-old SANZAAR partnership at Super Rugby level and put Australia's interests first. -
@KiwiMurph I'm not sure they understand the particular variety of landmine upon which they're about to step ...
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@NTA said in Aussie Rugby:
@nzzp said in Aussie Rugby:
@NTA can they blame Raelene though?
Well they can't blame Deans!
Of course you/we/everyone can.
I do.
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Well, after all the covid shit has started to settle, one corner of Aussie rugby is doing alright: mine.
The $7k in grants I applied for under NSW sport were announced as successful today. Just got to sign the acceptance and that puts a few of the financial worries to bed.
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@NTA That is good. A step in the right direction.
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@antipodean said in Aussie Rugby:
@NTA That is good. A step in the right direction.
Especially considering they rang me earlier in the year and talked about how only one grant might get up due to budget constraints.
David Elliott is the local MP and emergency services Minister; was in a spot of bother at the time over being in Europe while fires were happening at the time.
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@NTA said in Aussie Rugby:
@antipodean said in Aussie Rugby:
@NTA That is good. A step in the right direction.
Especially considering they rang me earlier in the year and talked about how only one grant might get up due to budget constraints.
David Elliott is the local MP and emergency services Minister; was in a spot of bother at the time over being in Europe while fires were happening at the time.
If that doesn't say a bit about our current state of political discourse. It should be obvious he had an alibi.
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@barbarian said in Aussie Rugby:
Great news Nick. What were the grants for, specifically? How will they help the club?
$5k was "Player registration and equipment subsidy" - i.e. helping pay for the registration costs. Usually a grade would cost about $4K to cover registration, RA fee, insurance. This year everything is gone except the insurance which has been pro-rated from $2150 down to $1900
generous AON, you crunts.As we plan to field 2 Grades this year, and Subbies have pretty much waived everything from their side, it'll be closer to $4K total. So we're covered! We've dropped rego from $150 to $100 as a result of the shortened season - $50 of our rego is kit costs so that is pretty much fixed.
$2k was "Coaching and Admin" - we have a policy of paying for any of our members to attend coaching, refereeing, or other courses that directly assist the club, plus printing and other costs in running the club like marketing, consumables, etc.
New kit has arrived as well - our jerseys are going back to a design style we started with in 2007.
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@NTA said in Aussie Rugby:
@barbarian said in Aussie Rugby:
Great news Nick. What were the grants for, specifically? How will they help the club?
$5k was "Player registration and equipment subsidy" - i.e. helping pay for the registration costs. Usually a grade would cost about $4K to cover registration, RA fee, insurance. This year everything is gone except the insurance which has been pro-rated from $2150 down to $1900
generous AON, you crunts.As we plan to field 2 Grades this year, and Subbies have pretty much waived everything from their side, it'll be closer to $4K total. So we're covered! We've dropped rego from $150 to $100 as a result of the shortened season - $50 of our rego is kit costs so that is pretty much fixed.
$2k was "Coaching and Admin" - we have a policy of paying for any of our members to attend coaching, refereeing, or other courses that directly assist the club, plus printing and other costs in running the club like marketing, consumables, etc.
New kit has arrived as well - our jerseys are going back to a design style we started with in 2007.
Nice kit. Will look great getting trampled over by Colleagues studs...😉
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@NTA said in Aussie Rugby:
@voodoo said in Aussie Rugby:
Nice kit. Will look great getting trampled over by Colleagues studs...😉
We don't play those piston wristed gibbons
Probably a good thing
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@NTA said in Aussie Rugby:
@barbarian said in Aussie Rugby:
Great news Nick. What were the grants for, specifically? How will they help the club?
$5k was "Player registration and equipment subsidy" - i.e. helping pay for the registration costs. Usually a grade would cost about $4K to cover registration, RA fee, insurance. This year everything is gone except the insurance which has been pro-rated from $2150 down to $1900
generous AON, you crunts.As we plan to field 2 Grades this year, and Subbies have pretty much waived everything from their side, it'll be closer to $4K total. So we're covered! We've dropped rego from $150 to $100 as a result of the shortened season - $50 of our rego is kit costs so that is pretty much fixed.
$2k was "Coaching and Admin" - we have a policy of paying for any of our members to attend coaching, refereeing, or other courses that directly assist the club, plus printing and other costs in running the club like marketing, consumables, etc.
New kit has arrived as well - our jerseys are going back to a design style we started with in 2007.
What position does Brad Haddin play mate?
Gobby halfback or hooker?
