I think gammas got it wrong with regards to some sporting organisations running on debt, many football clubs overseas are owned by tycoons and having a football club is just a plaything for them, most sporting organisation's have to profit or their gone, Rugby and league clubs in UK often fold and remember NZ is only a small place, Australia got rid of the Melbourne Rebels, Otago Rugby faced insolvency once, hard to believe, got bailed out but I honestly can't see how Auckland Harness can keep going, it's only a matter of time, Cambridge, don't know anything about them but if their was or is to be a bailout where is it coming from?...no good running to Winston, the galloping guys conned him with their AWT money, he gave money in good faith but all we seem to get is negativity, 30 mill, lot of money,
Sure Auckland were unfortunate that their great scheme came undone, happens just like many of the rogues in the property business, but shit happens.