The debt-laden Otago rugby union is expected to be placed in statutory management tonight.
At it's AGM in Dunedin the union's set to announce a loss of several hundred thousand dollars with chairman Wayne Graham having previously said they're unable to pay creditors.
The board is expected to be dissolved after this evening's AGM with the chief executive of the New Zealand rugby union, Steve Tew, saying the Otago union is insolvent.