R360 Rebel Rugby Series Given Ultimatum Over Overdue Accounts
The company behind the R360 all-star rugby project has been ordered to file overdue financial accounts or face being dissolved.
The company behind R360, a controversial breakaway rugby union project featuring star players, has been given an ultimatum to publish its overdue financial accounts or face dissolution, according to a report by BBC Sport.
R360 has been positioned as a rival to established rugby union competitions, drawing attention for its ambitions to sign leading international players into a new global series. The venture has faced scrutiny over its financial transparency since its accounts became overdue.
Companies that fail to file required accounts can ultimately be struck off and dissolved, a step that would jeopardize the future of the rugby project if the filings are not submitted.
BBC Sport's report did not specify a firm deadline for the filings or include further comment from R360's organizers.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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