Why would they bother now? The team with the most Rebels just won the QPR.
If they were to take ownership of their own team it would increase their admin needs and costs significantly, running training sessions, branding and promotion etc.
Right now all they have to do is book some flights/accom for some blokes and the rest is all sorted.
Lets do a GF Comparison of those that earned a Super Rugby cap in 2022:
West: 4 Rebels, 3 Reds
3 - Jacobus Eloff (Rebels)
5 - Max Johnson (Academy)
6 - Keynan Tauakipulu (Academy)
8 - Seru Uru (Reds)
9 - Moses Sorovi (Rebels)
10 - Carter Gordon (Rebels)
11 - Filipo Daugunu (Reds)
13 - Isaac Henry (Reds)
16 - Jordan Uelese (Rebels)
21 - Cullin Cooper Jones (Academy)
22 - David Vaihu (Academy)
23 - Mason Gordon (Academy)
UQ: 6 Rebels, 5 Reds
1 - Dane Zander (Reds)
3 - Sef Fa'agase (Rebels)
5 - Issac Aedo Kailea (Rebels)
7 - Sam Wallis (Rebels)
9 - Kalani Thomas (Reds)
11- Mac Grealy (Reds)
12 - Nick Jooste (Rebels)
14 - Joe Pincus (Rebels)
15 - Jock Campbell (Reds)
21 - Tate McDermott (Reds)
23 - Lukas Ripley (Rebels)