<p>After months of swirling rumours and whispers, rebel Rugby competition R360 is officially off the ground.</p> <p>Flagged to kick-off next October, R360 will allegedly adopt a mixture of the Rugby 7s format and cricket’s IPL franchises set-up.</p> <p>While that’s all well and good and there seems to be plenty of buzz both good and bad around this new competition, what exactly is R360?</p> <p>It’s time to find out. Here is our R360 guide to explain everything you need to know about the rebel Rugby competition set to make waves across the globe.</p> <p>&nbsp;</p> <h2>Is R360 Union or League?</h2> <p>First things first, what game are we playing here? Well, when we say rebel Rugby competition, we mean Rugby Union.</p> <p>That’s right, despite <a href="https://www.sportsbet.com.au/huddle/nrl/news/10-stars-set-to-join-r360">going after as much of the NRL’s top talent as possible</a>, the R360 competition will be for the 15-man code. The balls are the same shape though; how different can it be for Zac Lomax and co?</p> <p>&nbsp;</p> <h2>Who is Funding R360?</h2> <p>Former England World Cup winner Mike Tindall has co-founded R360 alongside high-profile agent Mark Spoors and lawyer John Loffhagen, who helped establish LIV Golf.</p> <p>The competition will allegedly receive funding from European and US private investors. However, the substantial and controversial Saudi Arabian Public Investment Fund support that transformed professional golf will not be involved.</p> <p>R360 will still have plenty of cash to splash and their financial firepower could prove decisive in attracting NRL stars, with top players having the potential to earn upwards of $2 million per season.</p> <p>This represents significant earning potential for rugby league players considering a code switch.</p> <p>For those players already playing Union, jumping ship won’t be as straight forward as it will be for their League counterparts.</p> <p>Rugby Australia sources indicate any defecting players can "almost certainly forget about playing for the Wallabies," including the 2027 World Cup on home soil. Similar bans from other major rugby unions explain R360's pivot towards league recruitment.</p> <p>&nbsp;</p> <h2>Where Will R360 Be Based?</h2> <p>Eight men's teams and four women's teams will contest a 16-game regular season, with each franchise representing different global cities. These cities are rumoured to include: London, Tokyo, Dubai, Cape Town and Miami, among others.</p> <p>Early reports suggest no Australian-based team despite the heavy recruitment of NRL talent.</p> <p>Each competition round takes place in different international destinations including London, Barcelona, Paris, New York and Los Angeles.</p> <p>Organisers plan 'grand prix' style weekends coinciding with major concerts and events, creating a festival atmosphere around matches.</p> <p>&nbsp;</p> <h2>What is R360? Rugby’s Newest Competition at a Glance</h2> <p><strong>-&nbsp; What is R360?</strong> A rebel international Rugby competition comprising Eight men's teams and four women's teams.</p> <p><strong>-&nbsp; Is R360 Union or League? </strong>R360 is a Rugby Union competition.</p> <p><strong>-&nbsp; Who started R360</strong>? Former England World Cup winner Mike Tindall has co-founded R360 alongside high-profile agent Mark Spoors and lawyer John Loffhagen, who helped establish LIV Golf.</p> <p><strong>- &nbsp;Who is funding R360?</strong> The competition will allegedly receive funding from European and US private investors.</p> <p><strong>-&nbsp; Where will R360 be based?</strong> Each franchise will represent a different global city. These cities are rumoured to include: London, Tokyo, Dubai, Cape Town and Miami, among others. Early reports suggest no Australian-based team despite the heavy recruitment of NRL talent.</p>