Aussie Pro Rugby
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@Tim said in Aussie Rugby:
The competition will be better off without them.
I'm no lawyer, but I think this is pertinent:
Another possibility is that if RA was to let the Rebels go under they could pick up the franchise without inheriting the debt and then take over the franchise. It’s not yet known who the debt would fall back on, with lawyers already looking at the situation.
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To think they could've done this years ago and kept the Force.
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What’s more, the Rebels’ chairman, Paul Docherty, who is the club’s major financial backer, is a director of 10 companies that have lost at least $70m. It’s believed Docherty’s preference is to remain as chair.
Sounds like an amazing business leader
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@Machpants said in Aussie Rugby:
What’s more, the Rebels’ chairman, Paul Docherty, who is the club’s major financial backer, is a director of 10 companies that have lost at least $70m. It’s believed Docherty’s preference is to remain as chair.
Sounds like an amazing business leader
Once you're on a Board, or in the C-suite, you're set for life.
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Six years after leaving the Waratahs, Andrew Kellaway has found a way home to Sydney.
The Roar can reveal the Wallabies star has signed a long-term deal to return to the Waratahs from 2025 through until the 2027 World Cup.
His signature is a swift and strong response by the Tahs after losing Mark Nawaqanitawase to the NRL, with the Wallabies young gun to join the Sydney Roosters next year.
His looming departure is a fresh blow for the Melbourne Rebels, who are fighting to stay financially afloat beyond the season.
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@NTA said in Aussie Rugby:
@Machpants said in Aussie Rugby:
What’s more, the Rebels’ chairman, Paul Docherty, who is the club’s major financial backer, is a director of 10 companies that have lost at least $70m. It’s believed Docherty’s preference is to remain as chair.
Sounds like an amazing business leader
Once you're on a Board, or in the C-suite, you're set for life.
Same as high level coaches
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@Machpants said in Aussie Rugby:
@NTA said in Aussie Rugby:
@Machpants said in Aussie Rugby:
What’s more, the Rebels’ chairman, Paul Docherty, who is the club’s major financial backer, is a director of 10 companies that have lost at least $70m. It’s believed Docherty’s preference is to remain as chair.
Sounds like an amazing business leader
Once you're on a Board, or in the C-suite, you're set for life.
Same as high level coaches
Dave Rennie is asking where you get your info from Mach.
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Melbourne Rebels enter voluntary administration in desperate bid for survival
The state government declined to answer whether it will pay off some of the Rebels’ debt, but confirmed they were aware the club had entered into voluntary administration.
The state government has previously bailed out the Rebels. In 2017, the then-Andrews government entered into a $20 million deal with Rugby Australia to secure the Bledisloe Cup and British and Irish Lions Test matches in Melbourne over an eight-to-10-year period.
That deal ensured the Melbourne team would be retained in the Super Rugby competition.
When concerns over the Rebels’ future were raised in December, club boss Baden Stephenson told this masthead the financial problems were solvable, and that the issues were not unique to the club, but a broader problem across Super Rugby’s five Australian teams.
He pointed to a cut in funding from Rugby Australia due to COVID-19 and the return of Western Force, which reduced the money given to each club from $5.5 million a year to $3.9 million.
He also confirmed that talks had broken down for Rugby Australia to take control of the Rebels.
“We very much were open to having a conversation around the centralisation of the commercial assets of our club. We had one brief conversation … those conversations have ceased for the moment, I don’t think it’s a major priority for Rugby Australia,” he said.
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Super Rugby Pacific club deny voluntary administration status - report
The Melbourne Rebels have denied that they have entered voluntary administration but it could still happen for the cash-strapped Super Rugby Pacific outfit.
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James O'Connor: 'I haven’t been coached like this in a long time'
It's the beginning of a new era for the Reds, as Brad Thorn departs after five years and Les Kiss looks to take the team to the next level.
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@antipodean said in Aussie Rugby:
To think they could've done this years ago and kept the Force.
a team with half decent academy, a billionaire willing to help fund and less competition from half the AFL teams and the storm?....madness!
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@Kiwiwomble said in Aussie Rugby:
a billionaire who had shown zero fucks about rugby to that point, willing to
help fundtake the opportunity to stick it up the eastern statesFIFY
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@NTA said in Aussie Rugby:
@Kiwiwomble said in Aussie Rugby:
a billionaire who had shown zero fucks about rugby to that point, willing to
help fundtake the opportunity to stick it up the eastern statesFIFY
personally i think that says more about how poorly RA had engaged with potential investors, maybe if they had go out to the small market of billionaires to say give us some money or this team will disappear things might have been different
