While their 2024 future is secure, the Melbourne Rebels could be told they’ll be closing their doors within weeks, after revelations the ailing Super Rugby Club has just A$17,300 in the bank.
The team has entered voluntary administration and auditors from PwC have found they owe over A$20Million, including:
- A$11.6 million in taxes
- A$5.7M to board members
- A$2.8M to suppliers
- A$1.1M in unpaid stadium fees
- A$720,000 to the state revenue office and
- A$250,000 in employee superannuation.
Their assets amount to office furniture, gym equipment and two cars.
