This was published 2 years ago
Updated ,first published
The Melbourne Rebels have entered into voluntary administration as the debt-ridden Super Rugby club continues its desperate bid to survive past this year.
Executives from the Rebels called in insolvency firm Wexted Advisors on Thursday as the collapse was confirmed by the state government and a senior rugby source not authorised to speak publicly.
The club, which the source said has debts amounting to around $9 million, formally entered into voluntary administration on Thursday afternoon.
The Rebels owe millions of dollars to the Australian Taxation Office and about $1 million in fees for use of AAMI Park stadium, managed by the state government’s Melbourne & Olympic Parks Trust.
The Rebels were contacted for comment, but did not respond. Rugby Australia declined to comment on the matter.
The state government wouldn’t comment on the…