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this is a paraphrase of an article in this quarters Inside Rugby:
The ARC lost 4 million - most of the losses were incurred with the Melbourne Rebels teams - as the ARU has to cover a lot of relocation expenses - due to our location the Perth Spirit were the next most expensive team to support - therefore the ARU are "considering" axing both the Melbourne Rebels and us
Sniffs of - not QLD or Sydney therefore we don't want em all through this article - devastating reading