With Crown Resorts in crisis and James Packer holding all the cards,investors have only one opportunity to make a stand.
Crown's 10 per cent shareholder Blackstone appears to be positioning itself to have an option to take a controlling interest in the casino group.
Andrew Demetriou has long denied allegations he was a'shadow director'at collapsed education group Acquire.
Not only will the former AFL boss have to navigate a tricky period at the casino group,he could face a court case in relation to collapsed education group Acquire.
He runs the country’s biggest sporting code,and the growth stats are impressive – but for AFL chief Gillon McLachlan,the thorny soft-power issues are proving hard graft.
Was the former AFL boss the executive chairman of the Acquire Learning group or the executive chairman of an advisory board. Millions could depend on it.
The"boys"at Andrew Demetriou-linked group Acquire Learning were"big dogs"with big plans,but now liquidators are trying to find out how it all fell apart.
Acquire Learning arranged to pour $1 million a month into the pockets of its shareholders including Andrew Demetriou shortly before its collapse left thousands of students stranded.
The former AFL boss has faced a grilling over his position at a failed education business.
Andrew Demetriou is returning to the sports industry after Larry Kestelman recruited him for his new NBL advisory board.