ARU kept in the dark over Rebels ownership

Fri, 04 Aug 2017 12:27
Large melbourne rebels 2017 800

NEWS: Ownership of the Melbourne Rebels has changed hands with the Australian Rugby Union being kept in the dark during the process.

According to rugby.com.au, Kiwi-born multimillionaire Andrew Cox (Imperium Sports Management) transferred its shares for AUS$1 to the Victorian Rugby Union, effectively giving the Union a controlling stake in the franchise. 

In a statement on Friday, the ARU said it was unaware of the process until they were notified by a third party.

"The Australian Rugby Union (ARU) has tonight received confirmation from a third party that ownership of the Melbourne Rebels had transferred from Imperium Group to the Victorian Rugby Union (VRU)," the statement said

"The Melbourne Rebels have an obligation under their Participation Deed to inform ARU of any change of ownership. To date, ARU has received no such communication from the Melbourne Rebels despite recent attempts to confirm their position.

"ARU is urgently seeking to confirm the terms on which this transfer occurred."

Either the Melbourne Rebels or the Western Force will be cut from Super Rugby in favour of a new 15-team format next year.

However, this new development could throw a spanner in the works.

The change of hands means the VRU would need to agree to any sale of the licence to the ARU or the ARU will look into some kind of merger if they are on the wrong side of their arbitration with RugbyWA.

Additional source: rugby.com.au  

There are currently no matches being played
FIXTURE GMT VENUE
Fri, 15 December 2017
Ulster v Harlequins 19h45 Kingspan Stadium
Sat, 16 December 2017
Montpellier v Glasgow Warriors 13h00 Altrad Stadium
Treviso v Scarlets 13h00 Stadio Comunale di Monigo
Leinster v Exeter Chiefs 15h15 Aviva Stadium
Racing Metro v Castres 15h15 Stade Yves-du-Manoir
Bath v Toulon 17h30 Recreation Ground
Sun, 17 December 2017
Wasps v La Rochelle 13h00 Ricoh Arena
Clermont Auvergne v Saracens 15h15 Stade Marcel-Michelin
Ospreys v Northampton Saints 15h15 Liberty Stadium
Leicester Tigers v Munster 17h30 Welford Road
RESULT SCORE
Mon, 11 December 2017
Saracens v Clermont Auvergne 14 | 46
Sun, 10 December 2017
Exeter Chiefs v Leinster 8 | 18
Harlequins v Ulster 5 | 17
La Rochelle v Wasps 49 | 29
Sat, 09 December 2017
Munster v Leicester Tigers 33 | 10
Castres v Racing Metro 16 | 13
Northampton Saints v Ospreys 32 | 43
Toulon v Bath 24 | 20
Scarlets v Treviso 33 | 28
Fri, 08 December 2017
Glasgow Warriors v Montpellier 22 | 29
Sun, 03 December 2017
Harlequins v Saracens 20 | 19
Sat, 02 December 2017
Cheetahs v Scarlets 28 | 21
Munster v Ospreys 36 | 10
Wasps v Leicester Tigers 32 | 25
Treviso v Leinster 10 | 36
SUPER RUGBY
MORE LOGS
Pool AU
Team P W D L Pts
Brumbies 15 6 0 9 34
Force 15 6 0 9 26
Reds 15 4 0 11 21
Waratahs 15 4 0 11 19
Rebels 15 1 1 13 9
Pool NZ
Team P W D L Pts
Crusaders 15 14 0 1 63
Hurricanes 15 12 0 3 58
Chiefs 15 12 1 2 57
Highlanders 15 11 0 4 51
Blues 15 7 1 7 37
Pool SA1
Team P W D L Pts
Stormers 15 10 0 5 43
Cheetahs 15 4 0 11 21
Bulls 15 4 0 11 20
Sunwolves 15 2 0 13 12
Pool SA2
Team P W D L Pts
Lions 15 14 0 1 65
Sharks 15 9 1 5 42
Jaguares 15 7 0 8 33
Kings 15 6 0 9 28