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  1. S

    Lions Tour 2025

    From my experience of friends in UK and Ireland, they are not as acutely aware of the political Rugby problems in Australia - they clearly know Australia sit 10th the global standings, but having the Lions come out and win 3-0 is what they want - albeit with some small resistance. I am being...
  2. S

    Lions Tour 2025

    Geo restricted I believe - nothing a VPN can't solve. No need for an Aussie Credit Card though, and the address thing is a joke as can be made up as all tickets are mobile now.
  3. S

    Waratahs 2024

    RA's decision now they own the Waratahs? He should be allowed more games, but I'd like to see a different attack coach.
  4. S

    Waratahs 2024

    https://brumbies.rugby/news/match-highlights-act-brumbies-runners-v-nsw-waratahs-a-2024316 Looks like poor attacking ruck management from the Waratahs at the end of the game - pinged for not releasing.
  5. S

    Waratahs 2024

    Looking forward to watching the game at SFS tonight - get a different perspective from TV Cams.
  6. S

    Australian Rugby / RA

    "If there was a substantially better option out there I think they would have taken it." Assumptions can lead to the mother of all fcuk-ups - I'll leave it there as this is not a financial engineering forum. Fingers crossed....
  7. S

    Australian Rugby / RA

    Finger in the air - secured against future receipts - 10% - but you would probably need to issue over 150m in debt obligation to attract investors. I have seen riskier grade bonds, secured against less, pay similar - 2 to 3 year maturity.
  8. S

    Australian Rugby / RA

    While RA have the drawdown - it is not clear what the repayment requirements are - theyy might be able to roll the interest up. They would have been better off going to the Capital Bond Markets and issue a coupon paying bond with payments secured against future receipts - that way any default...
  9. S

    Australian Rugby / RA

    I think it works out at 15% - an extra 3% hair on top. Not sure what the previous loan rate was - RA used 40m of the drawdown to pay that off, so they have one consolidated loan now. Annual interest running cost will be around 7.5m - more than it costs to run a Super Rugby Team for a year - rises more...
  10. S

    Melbourne Rebels 2024

    Agreed - sounds in theory like a nice clean slate. In reality it will be a nightmare scenario.
  11. S

    Wallabies 2024

    Indeed - Gleeson played like he had a bar of soap in his hands.
  12. S

    Waratahs 2024

    Waratahs #10 played a classy game tonight, and he also over performed in the interview. Thought Waratahs #20 made a huge difference when he came on - #8 needs to stop playing with a bar of soap though!
  13. S

    Waratahs 2024

    Must admit - was more of an observation - I like Bowen, and was hoping to see more of him.
  14. S

    Australian Rugby / RA

    You can run that shop ('that is only open 7 times a year') - but only into the ground. The point of the quote, of course.
  15. S

    Waratahs 2024

    No Bowen on the bench this week?
  16. S

    Wallabies 2024

    Oh how Waratahs could do with him this season in their back row.
  17. S

    Waratahs 2024

    Luckily it was only a trial.
  18. S

    Queensland Reds 2024

    Think it says a lot (or not a lot) for the Super Rugby Academies / Pathways systems - similar happened to NSW Waratahs B Team vs two Shute Shield Teams; they should win those easily, but too often they don't even have the best Colts in their pathways or academies. I think it also says a lot that the...
  19. S

    Super Rugby General Chat

    Have to wonder if Reds should play at Ballymore - given they own it, more money to them in a season where cashflow will be King.
  20. S

    Waratahs 2024

    Agreed - MJ borderline saved a try vs giving away YC/PT...narrow margins.
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