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  • KiwiwombleK Online
    KiwiwombleK Online
    Kiwiwomble
    replied to NTA on last edited by
    #4593

    @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 fund take the opportunity to stick it up the eastern states

    FIFY

    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

    NTAN mariner4lifeM 2 Replies Last reply
    1
  • NTAN Offline
    NTAN Offline
    NTA
    replied to Kiwiwomble on last edited by NTA
    #4594

    @Kiwiwomble I'm not saying it's wrong, but lets be clear on Twiggy's reasoning 😉

    As I've said before: with all these fucking private school legends involved in the game - good rugby mean, all - why is it in such shit financial state?

    KiwiwombleK mariner4lifeM 2 Replies Last reply
    1
  • KiwiwombleK Online
    KiwiwombleK Online
    Kiwiwomble
    replied to NTA on last edited by
    #4595

    @NTA on the same page 👍

    1 Reply Last reply
    0
  • mariner4lifeM Offline
    mariner4lifeM Offline
    mariner4life
    replied to Kiwiwomble on last edited by
    #4596

    @Kiwiwomble said in Aussie Rugby:

    @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 fund take the opportunity to stick it up the eastern states

    FIFY

    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

    you haven't spent much time dealing with people from WA have you? Being chippy about the eastern states is pretty much their entire go.

    KiwiwombleK 1 Reply Last reply
    3
  • mariner4lifeM Offline
    mariner4lifeM Offline
    mariner4life
    replied to NTA on last edited by
    #4597

    @NTA said in Aussie Rugby:

    @Kiwiwomble I'm not saying it's wrong, but lets be clear on Twiggy's reasoning 😉

    As I've said before: with all these fucking private school legends involved in the game - good rugby mean, all - why is it in such shit financial state?

    mainly because they fucked up the broadcast deal. $30m a year doesn't go far.

    NTAN 1 Reply Last reply
    1
  • KiwiwombleK Online
    KiwiwombleK Online
    Kiwiwomble
    replied to mariner4life on last edited by
    #4598

    @mariner4life should have been an obvious move then! go tap up the richest WA person and give them an opportunity to show up the eastern states!

    1 Reply Last reply
    0
  • antipodeanA Online
    antipodeanA Online
    antipodean
    wrote on last edited by
    #4599

    I have a story about Twiggy and rugby which goes to show why wealthy people don't become that level wealthy handing out money to others. It's only if there's something in it for them.

    boobooB 1 Reply Last reply
    0
  • NTAN Offline
    NTAN Offline
    NTA
    replied to mariner4life on last edited by
    #4600

    @mariner4life said in Aussie Rugby:

    @NTA said in Aussie Rugby:

    @Kiwiwomble I'm not saying it's wrong, but lets be clear on Twiggy's reasoning 😉

    As I've said before: with all these fucking private school legends involved in the game - good rugby mean, all - why is it in such shit financial state?

    mainly because they fucked up the broadcast deal. $30m a year doesn't go far.

    Agreed.

    Fox offering less wasn't going to fly, either. That negotiation would have been fun

    1 Reply Last reply
    0
  • TimT Away
    TimT Away
    Tim
    wrote on last edited by
    #4601
    Jan 27, 2024  /  streettalk

    Rebels board inches towards VA; Rugby Australia appoints Deloitte

    Rebels board inches towards VA; Rugby Australia appoints Deloitte

    Sources said restructuring partner, Jason Tracy, was formally appointed on Friday.

    Deliberations over the future of the Melbourne Rebels have moved slowly this the weekend as the embattled rugby union club backed by BRC Capital slides slowly towards administration.

    Rugby Australia, which oversees the code, is pushing for the club to remain in the next season – which could be difficult given its precarious financial position.

    Now, Street Talk can reveal the Phil Waugh-led RA has hired Deloitte as its own adviser as it navigates the likely collapse of a major franchise. Sources said restructuring partner, Jason Tracy, was formally appointed on Friday.

    Of note, Joseph Hayes from Wexted Advisory has been mentioned in several dispatches as the likely administrator; however, the board has also considered PwC’s Melbourne team, sources said.

    1 Reply Last reply
    1
  • antipodeanA Online
    antipodeanA Online
    antipodean
    wrote on last edited by
    #4602

    No doubt their debt would be more manageable if RA didn't withhold millions over the last few years.

    1 Reply Last reply
    2
  • boobooB Do not disturb
    boobooB Do not disturb
    booboo
    replied to antipodean on last edited by
    #4603

    @antipodean said in Aussie Rugby:

    I have a story about Twiggy and rugby which goes to show why wealthy people don't become that level wealthy handing out money to others. It's only if there's something in it for them.

    Feel free to share

    antipodeanA 1 Reply Last reply
    2
  • antipodeanA Online
    antipodeanA Online
    antipodean
    replied to booboo on last edited by
    #4604

    @booboo PM sent.

    mariner4lifeM 1 Reply Last reply
    1
  • mariner4lifeM Offline
    mariner4lifeM Offline
    mariner4life
    replied to antipodean on last edited by
    #4605

    @antipodean said in Aussie Rugby:

    @booboo PM sent.

    bro

    1 Reply Last reply
    4
  • antipodeanA Online
    antipodeanA Online
    antipodean
    wrote on last edited by
    #4606

    I don't have the resources to fight a libel case against someone with deep, deep pockets. Even accounting for truth as a defence.

    1 Reply Last reply
    5
  • M Offline
    M Offline
    Machpants
    wrote on last edited by
    #4607

    https://www.theroar.com.au/2024/01/30/confirmed-rebels-fall-into-voluntary-administration-as-rugby-australia-seeks-sustainable-and-successful-future/

    1 Reply Last reply
    0
  • DuluthD Offline
    DuluthD Offline
    Duluth
    wrote on last edited by
    #4608

    Letting the Rebels die would see the Force finally flourish

    Letting the Rebels die would see the Force finally flourish

    It's time to accept that Super Rugby and Melbourne hasn't worked out, clearly. It's a battle not worth the money.

    antipodeanA 1 Reply Last reply
    1
  • NTAN Offline
    NTAN Offline
    NTA
    wrote on last edited by NTA
    #4609

    Dunno if that is accurate. You're asking people to move to Perth ffs...

    I think the net effect would be to strengthen QLD and ACT. It might work for NSW if they ever get their talent identification right.

    DuluthD 1 Reply Last reply
    0
  • KiwiwombleK Online
    KiwiwombleK Online
    Kiwiwomble
    wrote on last edited by
    #4610

    there was some discussion at training on tuesday, i should add that two of our coaches are involoved with the rebels with youth and the womens teams...and they hadn't been told anything

    the most believable suggestion was Rugby Vic gives up there licence, let RA do what they want with it and just makes the Axemen state rep team the highest level just doing small end of year tours like they do currently

    M 1 Reply Last reply
    1
  • DuluthD Offline
    DuluthD Offline
    Duluth
    replied to NTA on last edited by
    #4611

    @NTA said in Aussie Rugby:

    Dunno if that is accurate. You're asking people to move to Perth ffs...

    I think the net effect would be to strengthen QLD and ACT. It might work for NSW if they ever get their talent identification right.

    I think they'll go fine because they have fans. People are invested in the team and are interested in rugby.

    That brings a certain amount of money in, that makes success easier. Players will want to be part of a competitive team. If, for instance, the Tahs keep fucking up players will choose Perth over Sydney if it helps their career

    1 Reply Last reply
    2
  • mariner4lifeM Offline
    mariner4lifeM Offline
    mariner4life
    wrote on last edited by
    #4612

    Perth flourishing is an absolute myth. Their entire history is littered with being a team full of outcasts or past-their-primes from other teams.

    DuluthD 1 Reply Last reply
    0

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