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  1. Kurt Angle

    WA BEARS

    They have ceased looking for help They wanted some Sydney based people to be close to NRL headquarters Once they got this in place and pretty much eliminating all risk, they could sell to investors then at higher multiples
  2. Kurt Angle

    WA BEARS

    They won't be doing it because they short of a coin They'll be doing is to harm a competitor I don't think V'Landys flashed dirty laundry in public accusing DFAT or Albo of being skint
  3. Kurt Angle

    WA BEARS

    It a red herring, to guise as overall failings The gig is * You failed due to one point (license fee) Vs * You failed due to multiple points (license fee, mystery board members, etc,etc) The latter makes it look systemic A solitary point means (settle that one thing and move on, and for...
  4. Kurt Angle

    WA BEARS

    Not in WA they don't A board based in Cammeray will fail Ouch Well, there's no coming back from that
  5. Kurt Angle

    WA BEARS

    I get that. I'm not disputing expansion, there's a lot of goodwill created in the past 2 years and V'Landys has played a role in that I can tell you right now, the Eagles and Dockers commercial managers ringing every major company in Perth right now, leading with "don't waste your time with...
  6. Kurt Angle

    WA BEARS

    Yes, they run around in the same circle of north England expats PR had a formal gig with the Pirates, Cummins made sure he got the role
  7. Kurt Angle

    WA BEARS

    Profits are usually exchanged for increased equity during growth. It's balance sheet 101 I agree, he has been a net benefit as a whole for the NRL But he has irreversibly harmed the WA bid V'Landys didn't listen to the objection either, and he clearly didn't work to negotiate
  8. Kurt Angle

    WA BEARS

    I have a lot of respect for V'Landys, and will assert he has done a lot of good for RL But he does have one flaw and it's been known since his days in racing prior to joining the NRL. That flaw has come to the fore here I am extremely critical of it because proper expansion is the last piece...
  9. Kurt Angle

    WA BEARS

    Sponsorship come with the terms of least risk as possible No bid can say "sponsors join us, and then we'll have a team" The sponsors will always say "get a team first, then we'll sponsor you" That will always be the risk mitigation by any corporate offering sponsorship The appearance in WA...
  10. Kurt Angle

    WA BEARS

    The NRL is saying that because they are trying to give off the impression have options The game has a lot of potential in WA, it doesn't have the utter worship of AFL and "RL is the enemy" that is, or at least used to, exist in Victoria. It will be a lot easier to co exist Despite that...
  11. Kurt Angle

    WA BEARS

    Because they are not yet confident enough in the sport in WA, the entire state still has a memory of the Reds, even after 30 years As with my post about transparency, poor communication and a Bears fetish... This has already done harm. It eeks of V'Landys' bullying methods, and even if a...
  12. Kurt Angle

    WA BEARS

    Cummins and Perth Red are friends in RL PR got his Pirates marketing gig due to Cummins
  13. Kurt Angle

    The Worst Place On Earth You've Been To

    Brussels is worse than Paris, all the crapness with no redeeming features I've been to Paris in separate periods of my life Once as a single 23 y/o with mates - didn't like it Next as a 38 y/o with my wife, could have moved there the 2nd time Paris disappoints expectations rather than being...
  14. Kurt Angle

    WA BEARS

    No $600 million is the total investment in PNG over 10 years centred around RL It includes $60 million up front, $25 million p.a. for 10 years towards the team, and the remaining $300 million towards underlying youth development structures, such as academy's and RL infrastructure V'Landys...
  15. Kurt Angle

    WA BEARS

    You can stump up your own $30+ million and decide what level of crazy you want The Kings are profitable and have an outstanding ownership team
  16. Kurt Angle

    WA BEARS

    Wut?!
  17. Kurt Angle

    WA BEARS

    Bid isn't broke at all The WA bid had a benchmark from their Redcliffe consultant The NRL had a benchmark in mind from albos $600 million splash Those two separate benchmarks are miles apart, and a clear lack of effective communication made it such
  18. Kurt Angle

    WA BEARS

    Funny you'd pick that There'd be less than 1,000 people in Australia who knows as much about the history of the NFL than me. The 60's AFL for example was what I imagined the guys who planned super league thought how things would unfold They're not the same. Modern NRL is born out of districts...
  19. Kurt Angle

    WA BEARS

    Reading between the lines here, I don't think the NRL has been fully transparent, as well as some weird Bears fetish running in the background V'Landys words indicate the submission for licensing has been underwhelming. This can only happen if it runs like a Dutch auction. Reminds me of those...
  20. Kurt Angle

    WA BEARS

    I can't think of any organisation in Australian sport who has had to put up even 1/5th of this to join a comp It's a perverse way to assign attribution to the value of a league

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