Search results

I'd imagine the directors in question here park their assets in discretionary/family trusts and own very little. For the tax/law nerds in here, how can the ATO go after assets within a trust?

Tamati was a great No 8. Played Vic 21s with him in 2000. Injury got him in the end. Benny Palavi was another hard player and played his time in Canberra too. Also succumbed to injury. I saw David recently at the Brighton vs St Kevin's match and had a good chat with him. I was behind the lens...

Tamati Houra was one of the first I can remember. Schooled in VIC, through all the rep teams, then contacted to Brumbies and Force.

I'd love to understand the legal scenario where a court (federal likely) can direct RA to hand back the participation agreement, e.g. unconscionable conduct.

I don't think that control extends to holding the participation licence. Correct me if I'm wrong.

Broken wrist. Few more weeks I think.

Well, that highlights a clear motivation for them not to accept the DOCA. Don't worry about the potential fines, court action, and reduced broadcast revenue - we got our $450K back.

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.

More timely good press for keeping the Rebels. I've observed they've stuck to the fact of the issue, as opposed to a lot of opinion, especially on cutting the Rebels. Nor have I heard anyone on Stan advocating for cutting the Rebels. I can't see Stan would be happy with one less team, especially...

No more talk of cut, copy, change, slide, dice. We are stronger than five. I've believed that since early 2017, my view has not changed. Invest for success, not drain to doom.

I thought it was Reds A?

Breathtaking confidence gotta give 'em that. So VicGov is playing a timely hand. World Rugby will no doubt watch more closely. And they've seen the proposal from the consortium. So, no more excuses there. I saw a snip on codeSports quoting the RA CFO, saying, "Five teams can work, but it...

It could depend on a successful sale. Was asking $20mil for it.

Done!

But somehow, it is PERFECTLY on brand for RA. I need to find a decent pub/parma combo down on Southbank from 2pm onwards. Come on down, Kev and I will be there :)

But no line item on the costs for the Waratahs centralisation (takeover). On-brand RA.

The article talks about a 5-year commitment; 2 confirmed in the DoCA and at least another three after that. That's a strong commitment! With all the talk of penalties and unhappy ATO, Parkesey saved his best right before the AGM tonight. He mentioned a few weeks ago he was sitting on some info...

Oh, he's pretty reliable in his quotes. Well connected to the inner sanctum of MRRU dealings. Based on previous meeting reports, that could cost RA between $65 and $ 75 million in penalties and lost revenue.

Holy shit, didn't see that one coming. Source?