Quick Hands
David Wilson (68)
I get the impression that this is all unravelling very quickly.
The ARU may be hung by their own petard. Gee, I'm glad that we have internationally renowned lawyers and high flying corporate strategists on the board.
I wonder if they are getting consulted by Sepp Blatter about how to be sports administrators.
The ARU are selling the movie rights right now.It's been said many times, but you couldn't make this stuff up could you.
A key statement (extract) of the Rebels overall statement issued tonight (which btw has the flavour of the Rebels' owners wanting to exit their deal with the ARU and in the process set up for a big negotiation re the 'get out' price to be paid to Cox by the ARU).
"MRRU notes, and is very disappointed to hear and read statements that the board and senior management of the ARU did not believe for many years in the 5 team model and did not believe that model was financially viable. MRRU notes that this concern was not conveyed to Imperium Sports Management prior to its acquisition of MRRU despite the full board and management of the ARU having the opportunity to do so."
Probably for $1k to some mug, who willI on sell it for $4- 5M....The ARU are selling the movie rights right now.
I am going to call it. Think we will have a decision or a heavy indication by the end of tomorrow's game or Sunday night.
Henry Speight to drop the ball when about to score the winning try & will rip his shirt off Hulk Hogan style to reveal a Melbourne Brumbies jersey? Twist: The extra delay & naming of the Force as being cut has actually been the fashion designers taking their time.
Probably for $1k to some mug, who will I onsell it for $4- 5M..
All Super Rugby teams should launch a class-action against SANZAAAR for the ongoing speculation damaging their bottom line, this debacle is now entering its 9th month.
That just reads like dollar signs for Cox and his crew..
Yeah .... and my rather sarcastic comment above was principally that, with all the allegedly sophisticated legal and heavy corporate skills in the ARU board that some posters here have found so impressive, why on earth would the ARU board have exposed themselves so obviously by saying.....
'Years ago we the ARU just privately thought 5 teams - including by clear inference the Rebels - were not financially viable but instead of acting transparently re this concern we induced one new potential franchise owner to relieve us of our financial liabilities on the grounds that the whole of the S15/18 was in fact financially viable and thus so would the Rebels likely be......'
If the above was in fact what occurred - knowing mispresentarion by the ARU in encouraging and obtaining a financial benefit that would not have been so obtained if the full circumstances of the asset sale or transfer had been openly revealed - then the ARU is potentially in major breach of the Trade Practices Act that strictly prohibits knowing (or should have known) 'false and misleading' representations between buyer and seller of an asset or the transferring of a material liability.
I note that John Eales joined the board in 2010. Someone asked a few pages back "Is John Eales a dope?"
Technically yes, but it all starts with the Force and Rebels being uncompetitive. If they had been competitive and retained a larger portion of their original members the ARU wouldn't be in a financial nutgrip.Completely disagree. There are many things that have caused this.
Does anyone know what the chat out of SA is ?I think it is high time for the ARU to send a delegation to SA and plead the ANC to veto the decision to axe 2 SA teams!