TP02/005

Panel Publishes Reasons for Decision in Relation to Magic Millions League Takeover Bid for Brisbane Broncos and BB Sports Bid Condition

The Panel advises that it has today published the reasons for its decision in relation to the application concerning the announcement by Magic Millions League that its proposed takeover offer for the Brisbane Broncos will not proceed (Brisbane Broncos No.1) and the cross-application concerning a condition of BB Sports takeover offer for the Brisbane Broncos (Brisbane Broncos No.2). The Panel's decision was made on 3 January 2002.