The Otago Rugby Football Union will go into liquidation on Friday.
Revelations the Dunedin City Council is owed hundreds of thousands of dollars in unpaid rent by the Otago Rugby Football Union are "just not good enough", a furious Cr Lee Vandervis says.
All Black captain Richie McCaw is among a high-powered rugby delegation in Dunedin to negotiate a North-South fundraising match, as part of a final push to save the Otago Rugby Football Union.
The storm clouds may be clearing over Otago rugby. Things seemed grim, very grim, two weeks ago.
Several hundred thousand dollars in pokie grants to the Otago Rugby Football Union for amateur rugby remain unaccounted for.
Sponsors backing Dunedin's Forsyth Barr Stadium have reacted to news of the Otago Rugby Football Union's looming liquidation with a mixture of caution and optimism.
The group set to pay a high price for the impending demise of the Otago Rugby Football Union - the Otago business community - is counting the cost of accounts unlikely to be paid.
The Department of Internal Affairs is not investigating the Otago Rugby Football Union, but is auditing one of the cash-strapped union's major funders.
The Otago Rugby Football Union bail-out debate will again echo around the Dunedin City Council table, when a full meeting of the council today moves to confirm the minutes of an extraordinary meeting that discussed the issue two weeks ago.
The Dunedin City Council is considering a debt write-off to help rescue the Otago Rugby Football Union, but only in return for a deal that seeks to secure the Forsyth Barr Stadium's financial future.
At least two Otago business leaders are offering financial help for Otago rugby, and an appeal for support from the wider business community is expected soon.
The Otago Rugby Football Union's board has delayed by one week the filing of an application to liquidate the union, pending the outcome of discussions around a possible recovery package.
Dunedin city councillors remain behind closed doors discussing a debt write-off deal to help save the Otago Rugby Football Union.
Otago's financial pressures have claimed their first victim on the field, with the Otago women's team to miss this year's national competition.
The future of "private sector funding" for the Forsyth Barr Stadium may be thrown into question by the shock announcement last night the Otago Rugby Football Union (ORFU) could fold by the end of the week.
Go into liquidation and start again. That emerged yesterday as the probable future for the Otago Rugby Football Union and for Otago rugby.
So much for greedy rugby players - Otago back Glenn Dickson's first thoughts were for the creditors when he heard his employer had delayed filing for liquidation.
The process to build a new board for the Otago Rugby Football Union continues to gather pace.