BRC Capital, a major investor in technology companies and real estate, is facing questions about its solvency after four subsidiaries were wound up in the last month, adding to financial pressure dogging the Melbourne Rebels.
The investment company is a key sponsor of the Super Rugby club, one of five in the league, and its chairman, Paul Docherty, also chairs the Rebels.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
