Ignoto
Greg Davis (50)
Hoiles has also been pushing the Kurtley Beale to return to the Wallabies narrative as well. Quite frankly I DGAF with Hoiles has to say as he doesn't have any skin in the game other than at a Shute Shield level.
Melbourne Rebels 2024
- Thread starter RugbyReg
- Start date
Hoiles has also been pushing the Kurtley Beale to return to the Wallabies narrative as well. Quite frankly I DGAF with Hoiles has to say as he doesn't have any skin in the game other than at a Shute Shield level.
SouthernX
Jim Lenehan (48)
Yes I agree - his comments always seem very self serving with his master being NSW Waratahs rugby (whom has the most to gain by rebels folding)
His master being?!?
He's just a guy with an opinion like everyone else.
It doesn't mean his opinion is right or that anyone is pushing him to make it.
Derpus
George Gregan (70)
I mean, you clearly give a bit of a fuck...?
Tazzmania
Tom Lawton (22)
Please correct me if I am wrong.
From my understanding RA are not a creditor as they are not owed money from the Rebels, therefore they have no vote in regards to accepting the DOCA.
The vote will depend on ATO as they carry the majority share and without them no other party will have enough votes to swing the decision.
It was concerning to see in the administrators documents that a Payment Plan was already in place yet the debt was growing. Also they had also not paid GST as well as PAYG.
From my understanding RA are not a creditor as they are not owed money from the Rebels, therefore they have no vote in regards to accepting the DOCA.
The vote will depend on ATO as they carry the majority share and without them no other party will have enough votes to swing the decision.
It was concerning to see in the administrators documents that a Payment Plan was already in place yet the debt was growing. Also they had also not paid GST as well as PAYG.
Rugby Australia has to agree to hand back the Super Rugby licence otherwise the DOCA is dead in the water.
ATO payment plans are contingent on meeting all future obligations as and when they fall due. The fact that the liability was increasing means they kept defaulting and had to create new payment plans (probably every quarter when the BAS was due if not every month when they failed to pay their PAYG withholding).
Strewthcobber
Andrew Slack (58)
RA have said they are a creditor, and are listed as having attended meetings of creditors by the Administrator.
I don't think we know how much or what for.
Would covering the Rebel's coaches and player's salaries this year make them creditors?
If they did, it would be a significant amount, so surely they'd be listed in the top 10 creditors.
As the took control after VA declared, they are new debts not incorrect before VA period. So they would not be listed? Not 100% sure how it works - I'll leave that to the accountants to decipher.
As the took control after VA declared, they are new debts not incorrect before VA period. So they would not be listed? Not 100% sure how it works - I'll leave that to the accountants to decipher.
Dan54
Tim Horan (67)
Would RA still not have to agree with any forward plans as they would be paying the players' wages? Unless a new identity take on complete payment of wages. Rightly or wrongly it didn't sound good for Rebels when Dan Herbert was speaking on Breakdown other night when he said basically RA has been living outside it's means for a few years, and kind of hinted that was partly since Rebels came into being. Didn't catch it all precisely, just something about Aus expanded before being ready.
KevinO
Geoff Shaw (53)
PwC dragged into Melbourne Rebels fight, Rugby Australia alleges bias
Tensions over the future of the Victorian rugby union club escalated dramatically on Thursday when Rugby Australia fired off a letter to PwC.
This sounds shit
KevinO
Geoff Shaw (53)
I know I have a stash of water bombs in the garage,so tempting to go get them for tomorrow night. I know his seat will be in range from mine.
It's a joke before anyone gets offended
Rebel man
Jim Lenehan (48)
Do it at the last home game, what are they going to do? Give you a life ban from Rebels home games?
Strewthcobber
Andrew Slack (58)
Had a proper read this evening. RA provided $450,000 to the administrator to keep the lights on through the early part of 2024, and to make sure the administrators could pay players etc before RA fully took over employment of the staff and players.
They are creditors as a result of this payment. (Note 17, page 51).
Interestingly, they don't get this repaid if the DoCA is signed, only under liquidation
Wilson
Michael Lynagh (62)
Saying they only get it back under liquidation doesn't mean they get it back under liquidation. They won't ever see more than a few cents on the dollar of that money and they would know that now just as well as when they paid it. It's a ridiculous suggestion that that would be the reason they would vote against the DOCA.
KevinO
Geoff Shaw (53)
36k back, only 8c on the dollar to go down that road
KevinO
Geoff Shaw (53)
The only reason the board/administrators are getting support, at least they are coming out in support of having a team in Melbourne. Don't care if it's in Ballarat as long as I have a team to support. RA who's not willing to come out and say if we will had no issue flogging overpriced Lions tickets to a game that might not even happen, how's that fair on The rugby public?