Matua
First Grade
- Messages
- 5,211
Isn't Victoria rugby the owner of the Rebels and none of the BoD are "owners"? The Chair appears to be the owner of their main sponsorIts not unusual for owners to be covering losses in sports clubs as 'loans'. I suspect its a good tax right off or something for rich people. Souths 'owed' its owners $7mill at one point before they 'waived' it.
I can't see why BoD members would pump money in personally (assuming the original article is correct) although the Chair might have had the finances available to do it.