Former Wallaby Matt Hodgson says the new Indo Pacific Rugby Championship simply won't be able to survive if they agree to all of Rugby Australia's demands.

Andrew Forrest's offer of $50 million to save the Western Force was knocked back by the ARU despite such a deal being its idea, an inquiry heard.

Former Wallaby Matt Hodgson has been heavily involved in setting up the new Indo Pacific Rugby Championship, and he's urging the ARU to endorse it.

Andrew Forrest's new rugby competition appears set to get the tick of approval from the ARU after the governing body agreed to help the billionaire set it up.

Billionaire Andrew Forrest is still sweating on whether the Australian Rugby Union will approve his new competition.