Rugby Australia have issued a statement after the administrator for the financially stricken Melbourne Rebels recommended creditors accept a proposed deal to save the club, adding it may have been trading while insolvent for the last five years.
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The Rebels went into voluntary administration in January with Rugby Australia taking over their competition licence and covering player and staff payments until the end of this season.
RA is still working through a decision on whether to wind it up, but PwC administrator Stephen Longley has recommended in a report that creditors accept a proposal from directors to save the club, who this weekend play away at the Crusaders.
