Rugby Australia says they will make “responsible decisions for a sustainable and successful future”, as the governing body stepped in to help operate the melbourne Rebels alongside administrator PwC.
After weeks of reports surrounding the future of the Rebels, the Super Rugby franchise, who first took to the field in 2011, slipped into voluntary administration on Monday night.
The fall from grace comes amid a financial crisis, where the Rebels have debts of around $10 million.
RA chief executive Phil Waugh said the governing body was “committed to ensuring the Melbourne Rebels play in the 2024 Super Rugby competitions”.
“As custodians of the game, we are determined to ensure that RA is making responsible decisions for a sustainable and successful future – we will work with the Rebels and the relevant stakeholders to that end,” Waugh said in a statement released on Tuesday morning.
The Melbourne Rebels’ future is unclear after the Super Rugby franchise entered voluntary administration. (Photo by Mark Kolbe/Getty Images)
The timing of the announcement comes at an…
