L
Leo86
Guest
I reckon about tree fiddy
Hahaha
I reckon about tree fiddy
Or the odds Cox will realise with a few more years of monetary losses and the inevitable break up of Super Rugby he will be left with a franchise that he can no longer sell off for the price he could get today?
3 months is a long time.
I'd say none.
There are now multiple owners of the Reels (not just Cox) and I'm sure that the Vic Government's backing didn't come with a signed guarantee.
That said - what does happen to the private ownership if SuperRugby goes. I note that the NZ teams are privately owned.
I note that the NZ teams are privately owned.
Is there any private investment?The NZ Super teams are quite interesting. They are set up as limited partnerships, with separate Limited Partners and General Partners. They're not owned and controlled solely at the whim of private investors.
Having said that, the existence of the teams (and this should apply in Australia as well) doesn't have to depend on the existence of the Super Rugby comp - if they restructure to play in a different competition.
The unions are normally the general partners and the private individuals providing a capital are normally the limited partners. They will usually be on the board but won't be involved in managementIs there any private investment?
The example of the crusaders cited, which does not make sense, has the partners as the unions.
In what comp would the crusaders want to play other than supe?
NPC is for the respective unions, so it wouldn't be that.
And I'm sure the NZRU would not look favourably on an attempt by the crusaders, for instance, to quit supe for a foreign comp.
The opinion of board member Brent Francis, the West Coast coal mine magnate who injected capital into the franchise after New Zealand Rugby confirmed a licence had been awarded to the Crusaders Limited Partnership, may also carry significant weight.
Does putting money into the Rebels count as ownership? Did Cox sell his controlling stake? If not, what is different?
What Victorian Government guarantee? The same is the case in Western Australia, so where is the point of difference?
As for NZ private ownership, they do it differently, for example Blues only has 40% private ownership it seems.
Is there any private investment?
The example of the crusaders cited, which does not make sense, has the partners as the unions.
In what comp would the crusaders want to play other than supe?
NPC is for the respective unions, so it wouldn't be that.
And I'm sure the NZRU would not look favourably on an attempt by the crusaders, for instance, to quit supe for a foreign comp.
Yes, there are private investors (ie not the unions). They seem to own 40%-50% of the team with the remainder owned by the unions
What odds will I get for the following post 31/07?
The ARU and Rugby WA hold a joint press conference. The exact terms and proceedings of the arbitration hearing will remain strictly confidential.
The ARU and Rugby WA greatly regret the damage that has been done to Rugby in Australia from this protracted dispute and in hindsight it is apparent that this matter could have been handled better with more care to the sensibilities of all parties involved. However if we have to look for positives from this and we must moving forward, the passion and commitment fans, players and administrators have shown for Rugby has been overwhelming. It is with profound sorrow and regret that the ARU and Rugby WA have reached and agreement that the Force will not contest Super Rugby following the end of the 2017 season. This decision is not one that has been taken lightly and Rugby WA has come to see that for the long term growth and sustainability of Rugby in Australia this is the only path forward. Today Rugby WA and the ARU can announce that all player contracts will be honoured and where possible players will be given the option to relocate to other Australian Super Franchises with assistance for such costs. Furthermore Rugby WA will maintain its development program with full participation in the National Rugby Championship so that the continued production of future Wallaby stars that we have recently seen starring on the international stage continues. The ARU remains fully committed to Rugby in WA and when we have achieved a more stable financial state we look forward to the resumption of the Force in Super Rugby.
I would then expect a number of coaching and administrative staff to appear in ARU funded positions over the following 6 to 12 months. The case will be closed and no details of the event can be disclosed due to various non-disclosure agreements etc. Surely this scenario closely follows the Standard ARU Operating Procedures as historically shown to give a best outcome for the ARU.
Outcome for the ARU that is, NOT Australian Rugby.
So people, what odds?
James Pettifer's question was:In what comp would the crusaders want to play other than supe?
NZRU would be able to and would decide for themJames Pettifer's question was:
“what does happen to the private ownership if SuperRugby goes”?
They might want to look at alternatives in that scenario—or at any time if they so wished—such as an international Club Championship or some sort of Pacific Cup.
The point is that these teams, as the Australian teams, exist independently of SANZAAR and SupeRugby.
NZRU would be able to and would decide for them
Yes, but not quite.
NZR could tell the franchises what setup they want, and grant or deny licence permission, etc.
But they can't force the owners to spend money if they don't like the investment.
They might have to find others to buy in.
There's no doubt that Australian super rugby teams have problems but given the lions just got beaten by the blues maybe everyone should ease up on the negativity.