The Rebels will take to the field in 2024 but their long-term future is on a knifes edge, with voluntary administration looming for the Melbourne-based Super Rugby franchise.
It can be confirmed Rebels powerbrokers met with Wexted Advisors, who provide advice to companies facing financial and strategic challenges, on Thursday.
It comes after Rugby Australia officials met with the Rebels on Wednesday and instructed the club to call in independent financial advisors to present what options they had.
The Melbourne Rebels future remains uncertain, with the franchise likely to go into voluntary administration. (Photo by Mark Kolbe/Getty Images)
The Australian repor…
Read the full article at: https://www.theroar.com.au/2024/01/25/rebels-to-play-in-super-rugby-in-2024-but-long-term-future-on-shaky-ground-as-voluntary-administration-looms/