INTERESTING! St George set for 100% of JV

Discussion in 'St George Illawarra Dragons' started by Alec's-saints, Jul 4, 2018.

  1. hazzbeen

    hazzbeen Bench

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    True what you say mate , but in the end its about winning premiership's and being on top for long periods . Lot of people don't care how they get there as long as the do , that's the sad part .....
     
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  2. Carlton

    Carlton Juniors

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    The balance sheet of the Leagues club shows net assets of approximatley $49 million. Thats the value of the assets less all the liabilities the club has (this is the minimum of what the club is worth as there is no consideration for future cash flow and the club is profitable). The land valuation in the balance sheet is $32 million, there was a valuation a couple of years ago of land $38.5 million and buildings $8 million. I suspect due to the age of the valuation these values are low and also it was based on continued current use.

    Also, there are significant (virtually fully depreciated assets) in the balance sheet. that means they have no value as far as the balance sheet is concerned but in fact may have been depreciated below their realisable value.
     
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  3. Saint_JimmyG

    Saint_JimmyG Juniors

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    From memory, seven out of the 17 players who triumphed in 2010 were Illawarra juniors.

    Morris, Cooper, Hornby, Creagh, Young, Prior, Merrin.

    If Hunt didn’t wreck his Achilles Tendon (and his career as he was never the same), I dare say he would’ve been an eighth player.

    This is an impressive number.

    Conversely, St. George juniors numbered two: Gasnier and Nightingale.

    So, it’s a total of nine locally bred individuals, Name a single team which can boast a similarly high percentage of juniors from the area it represents.

    I hardly think the Illawarra Rugby League would simply fall over and acquiesce its young talent so they can play football under the St. George banner.

    Whether or not you like the joint venture arrangement or otherwise, it’s important to remember that since day one St. George has had the finance, and the Steelers has had the playing talent (which is vital for ANY club to remain competitive.

    As such, the status quo needs to remain in place with a number of necessary tweaks.
     
  4. dragonssamy61

    dragonssamy61 Bench

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    Johnno
    You are correct re above.
    Except
    Luc he is a hustville united junior as is sele.
    Dufty penhurst rsl
    and nighty renown
     
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  5. saintm

    saintm Juniors

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    Hame Sele is Kingsgrove junior
     
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  6. SBD82

    SBD82 First Grade

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    Not that I don't believe you, but I'm surprised that luc is a hurstville junior. His brother was a Berkeley high school student.
     
  7. TruSaint

    TruSaint Coach

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  8. dragonssamy61

    dragonssamy61 Bench

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    Of course my bad.
     
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  9. ouryears

    ouryears Juniors

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    Currently 3 or 4 players who are REGULARLY in the first grade team are local juniors. Pretty much we support a team of purchased players, having only 3 or 4 makes us just like the Rorters and Storm.

    Except we lose and they seem to win.

    Then you have the Panthers who are choc block full of juniors.
    The sun has set and the fat lady has sung on our once great pipe line of juniors.
     
  10. Frank Facer

    Frank Facer Juniors

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    It is about winning the premiership. There are no prizes for the team that has the most juniors in it.
     
  11. Draginzaaar

    Draginzaaar Juniors

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    Are the Roosters or Panthers coming 2nd?
     
  12. possm

    possm First Grade

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    If St George end up buying out Illawarra, I would like to see St George running the first grade side with Illawarra running the ISP side and their junior competition. We could still have a relationship where Illawarra is the feeder club.
     

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