PHOENIX FROM THE ASHES

Yip, the word over the wines at lunch time is that there are three serious players waiting to step in and rescue the Phoenix if Serepisos goes tits up for unpaid tax. Apparently no- one is willing to bail Serepisos out but some of the new moneyed boys are prepared to dig deep and rescue the team if things turn to custard. Names being bandied about include Infratil, Sam Morgan and some blokes we know who will remain nameless.