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Nick Maguire

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Joined August 2015

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Previous handle NickoM Richmond member but have a broad interest in sporting matters, Wallabies, NRL etc

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Don,
I think SOARR also skimmed over the community Rugby connections of the existing Directors they wanted to paint as out of touch with the “grassroots”.

Rugby Australia's debts blow out to almost $89 million after draw-down of PEP facility

jez,
Has to be doesn’t it? Why else?
It’s a good question for ROAR journos to ask when RA does their media roadshow.

Rugby Australia announce $9.2m deficit, board member fails to be re-elected but coup falls over

BD,
RA took our 2027 RWC participation fees as an advance because you know, broke

Rugby Australia announce $9.2m deficit, board member fails to be re-elected but coup falls over

Cec,
My son who’s a “finance” guy succinctly said when we were talking about it “Professional Rugby’s fucced”. It may have been after the VA at Rebs, I can’t recall exactly, but essentially they’ve missed their chance and there’s no way back. I hope he’s wrong but I fear he’s not.
However he wasn’t wrong about Lanzhou Beef Noodle Bar at The Glen which is where we were heading at the time! 👍

Rugby Australia announce $9.2m deficit, board member fails to be re-elected but coup falls over

Ken,,
We’d already cashed the cheque

Rugby Australia announce $9.2m deficit, board member fails to be re-elected but coup falls over

GP,
if Edmed still had the ball, otherwise “by the Laws of the game” it’s a penalty, L9-14.

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

😂 😂
Ouch

Roosters' 2025 troubles mount as premiership-winner Keary announces shock retirement

Don,
Suli was a very good winger in the NRL but once Cooper Cronk left Suli’s game dropped.
He was definitely a better NRL player.

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

I got it!

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

Phil,
“2. the DOCA allows the current directors to walk away without any penalty while they will pursue RA for money they may or may not be required to pay.”
Considering the comments from the VA about the difficulty of funding the litigation if the DOCA isn’t accepted;
““An appointed liquidator will be unfunded. Accordingly, a liquidator would require litigation funding in order to pursue the insolvent trading claim and RA claims.””
it’s unlikely there would be any litigation so RA would be mad to load the gun for them.

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

LAW 9:
“14. A player must not tackle an opponent who is not in possession of the ball ”
“Sanction: Penalty ”
If the ball is gone the tackle is outside the Laws, it’s pretty clear.

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

Google it

The Wrap: Rebels young gun rockets out of Wallabies contention, and why Samipeni Finau's 'brutal' hit on Edmed was fair game

TWAS,
both. The VA seemed to suggest there might be recoverables only achievable if the consortium fund the legal action. So, creditors may get more if they vote up the DOCA and there is litigation so in a way it does rely on it.
No DOCA and funding the litigation to obtain those recoverables becomes much more difficult if not impossible especially as the outcome isn’t certain and the balance of risk v reward changes hugely.
It’s always easier to litigate if someone else is paying for it!

UPDATE: RA say they were blindsided over Rebels' finances, reject private consortium claim as administrator backs club's survival

TWAS,
except one!

UPDATE: RA say they were blindsided over Rebels' finances, reject private consortium claim as administrator backs club's survival

But the consortium are trying to bribe the creditors, including the ATO. Their DOCA offer to creditors is conditional on no action against the directors. So creditors have to balance up the extra return versus the public good of a prosecution. If they sign up for the DOCA they’re bound.

UPDATE: RA say they were blindsided over Rebels' finances, reject private consortium claim as administrator backs club's survival

Yep, then withdraw from the arrangement, ex directors walk away with clean records even if reputations are a bit soiled still legally able to hold directorships.
Oh and RA, we want you to sign up to this so we’ll provide the funds to sue you at the same time as you give us the same funding contribution the other SR teams are getting.
The bribe is what, an extra 20c in the dollar to the creditors?
I can’t see RA agreeing but you never know I suppose.

UPDATE: RA say they were blindsided over Rebels' finances, reject private consortium claim as administrator backs club's survival

I see what you did there

Wallabies in danger of losing Hanigan to ambitious French club just as forward enters his prime

😂 😂

If Australia is looking for big men, let's not neglect the old and the fat

😂 😂
I think you’d be a playmaker driving the team around the park, perhaps slightly behind the play but driving none the less! 😂

If Australia is looking for big men, let's not neglect the old and the fat

Ned’s a good player and a good bloke.
If he and his family are happy to go to France sign the contract before they change their mind!
He’ll probably be appreciated and recognised for what he can do as opposed to being vilified for not being what the baying mass think he should be.

Wallabies in danger of losing Hanigan to ambitious French club just as forward enters his prime

😂

NRL News: Warriors sign rookie Jett, Topine sues Dogs for $4m over 'psychiatric injury' from wrestling punishment

Yep! 😂

'Easy to throw stones': RA chairman hits back at mudslingers' 'hypocrisy' after calls for AGM board cleanout

Unless he’s the subject of a gag order could you stop him?

NRL News: Warriors sign rookie Jett, Topine sues Dogs for $4m over 'psychiatric injury' from wrestling punishment

😂 😂

NRL News: Warriors sign rookie Jett, Topine sues Dogs for $4m over 'psychiatric injury' from wrestling punishment

rtb,
“IMHO, what we need is a structure where the State organisations have a primary responsibility for the growth and development of the game within their jurisdictions, working closely with the Districts and Clubs with support from RA, while RA is responsible for all national and international competition”
Isn’t that actually already the case now?

'Easy to throw stones': RA chairman hits back at mudslingers' 'hypocrisy' after calls for AGM board cleanout

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