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Queensland Rugby Union Seeks Rescue
March 05, 2010

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The Queensland Rugby Union has asked the national governing body of the sport in Australia for a cash bailout, local media reported on Friday.

The Australian newspaper said the amount of the bailout would not be known until the Australian Rugby Union and QRU had been able to determine the level of debt.

The Queensland union has suffered from falling attendances in the support of its Queensland Reds Super 14 team, while 1 million Australian dollars ($900,100) was written off in depreciation of its traditional home ground of Ballymore each year, the newspaper reported. 

Reuters