Published on 28-03-13 01:06 PM
On 17 March 2012, in a Sydney Morning Herald article titled 'Rabbitohs Partner in Receivership', Nicholas Pappas claimed that the football club was not exposed to the failure of the Chalmers Street development. The article said:
"Late yesterday, Nicholas Pappas said neither the members or Holmes a Court and Crowe had any exposure. Pappas said: "Trivest got funding for the venture from the NAB, it is a non-recourse against the club."