TicketSearch Pty Ltd
TicketSearch is focused on providing businesses, organisations, and venues with affordable, efficient, and powerful self-managed ticketing solutions. The organisation has offices in Australia, New…
read moreRugby Australia has today announced that it will no longer support the financially troubled Melbourne Rebels going into the 2025 Super Rugby season.
A statement from Rugby Australia this morning said the application from the consortium hoping to take over the Rebels to participate in next year's competition had been unsuccessful as it "did not demonstrate sufficient financial viability".
The Rugby Australia (RA) statement went on to say “since the Rebels’ inaugural year in 2011, (the club) has not been independently financially sustainable despite significant additional investment by RA over and above committed club grant.
"There is nothing in the consortium’s proposal which demonstrates with sufficient certainty that this will change."
The news comes as the club, currently seventh on the Super Rugby Pacific table, are preparing for their first finals campaign in 14 years in the competition.
The Rebels have been in voluntary administration since January with debts owed to creditors exceeding $23 million including an $11.5 million debt to the tax office.
Rugby Australia cut staff and took over player and coaching payments for the season, with the Rebels handing over their competition licence.
A private consortium put forward a plan to fund the club until 2030, which was supported by the administrator but the governing body and the Australian Tax Office voted against the deal at the creditors' meeting.
The Rugby Australia statement added "RA does not take this decision lightly, however it must act in the best interests of the game and its stakeholders, and to provide certainty for the Rebels' players and staff, and all Super Rugby clubs in planning for the 2025 Super Rugby Pacific season.
"Given the lack of detail made available to RA … RA has determined that there is an unacceptable level of risk associated with entering into a Participation Agreement with this Consortium for the 2025 Super Rugby Pacific season."
The club, meanwhile, released a statement thanking fans for their support (above).
Rugby Australia went on to advise that it is currently working through the appropriate footprint for the 2025 Super Rugby Women’s competition.
Main image credit: Rugby Australia.
27th May 2024 - Fanatics signs partnership with Rugby Australia to become official online store provider
18th May 2024 - Victoria’s new $22 million dollar State Rugby League and Community Centre officially opens
29th April 2024 - Rugby Australia Chairman Dan Herbert advises of need to ‘reset’ as code posts $9.2 million deficit
6th April 2024 - PTP extends partnership with Rugby Australia
5th April 2024 - Sunshine Coast Stadium to host inaugural SANZAAR U20s Rugby Championship
7th March 2024 - Rugby Australia review finds $2.6 million of unapproved expenses spent on Wallabies’ World Cup campaign
28th February 2024 - World Rugby reveals new format for Pacific Nations Cup
16th February 2024 - Rugby Australia announces new investment in women’s game
1st February 2024 - World Rugby initiates legal actions after World Cup match official abuse
30th January 2024 - Rugby Australia responds to Melbourne Rebels entering voluntary administration
22nd December 2023 - Rugby Australia names Peter Horne as new High Performance Director
24th November 2023 - Rugby Australia secures private equity $80 million loan
20th November 2023 - Rugby Australia board elects former Wallaby as new Chairman
19th November 2023 - Hamish McLennan ousted as Rugby Australia Chair
14th November 2023 - Rugby Australia and NSW Rugby Union move forward with national alignment first
2nd November 2023 - Rugby Australia announces review of Wallabies performance
14th February 2024 - Troubled Melbourne Rebels make Chief Executive and key staff redundant
10th April 2017 - ARU confirms either Western Force or Melbourne Rebels will be cut from Super Rugby
19th June 2015 - ARU confirm sale of Melbourne Rebels to Imperium Sports Management
Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?
As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.
The Complete Guide to Leisure Industry Products & Services.
TicketSearch is focused on providing businesses, organisations, and venues with affordable, efficient, and powerful self-managed ticketing solutions. The organisation has offices in Australia, New…
read moreHydrocare Pool Services Pty Ltd offer 30 years of experience in aquatic industry features, products and water treatment. Hydrocare Pools has undertaken water treatment for aquatic centres and…
read moreWe live for media production and global events, providing real-time networks for video, audio, data and communications.
read moreDAE Global is one of the world’s leading international creative and production practitioners, creating award-winning sport, culture and entertainment experiences for over 30 years. It was…
read moreCompliant chemical storage and decanting solutions. Includes spill kits, spill containment pallets, chemical decanting decks and safety shower and eyewash equipment. See our full range of solutions
read moreSince 2019, Active World's development team has been delivering a comprehensive single solution that caters to the diverse requirements of successfully operated and managed leisure centres. The…
read moreAusfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!