Strewthcobber
Simon Poidevin (60)
This bit is wrong. The two hurdles are self-imposed by the directors and can be waived by those directors.The Rebels’ consortium must jump two hurdles before it can retain control of the company: Rugby Australia handing back the licence for the Super Rugby competition, and the Australian Taxation Office releasing the directors from their personal liability over the club’s $11.6 million in tax debts.
They don't want to have to commit to all the payments until their personal liability is waived and they have the licence back.