18th club, whose next?

[MugaB]

Penrith Cougars

Which licence is that....20? I would make it a bit more east of Central Penrith, maybe St.Marys Cougars or just THE cougars ala the dolphins

 

[AlwaysGreen]

Penrith Cougars

Penrith Heights Pumas.

 

[MugaB]

Penrith Heights Pumas.

Cranebrook Cranes, mascot is a stork, driving a forklift wearing hi-viz.... and hardhat, colors of super bright tennisball green, fluro orange and navy, catch cry is BEEP BEEP BEEP (reverse signal)

 

[Red&BlackBear]

The bears are so rich they should just buy the NRL and give all the licenses to themselves.

You wait until some clubs get into the 21st century and have off set commercial property development sections/ businesses under their overall business model as another source of revenue. NRL looking to buy hotels is small in comparison but it’s a start:

The day clubs own their own stadiums etc might still be far off but it’s closer than it ever was. Some clubs just need to start being a tad more innovative.

 

[MugaB]

You wait until some clubs get into the 21st century and have off set commercial property development sections/ businesses under their overall business model as another source of revenue. NRL looking to buy hotels is small in comparison but it’s a start:

The day clubs own their own stadiums etc might still be far off but it’s closer than it ever was. Some clubs just need to start being a tad more innovative.

Coz cronulla and redcliffe are forward thinkers..

Ill let myself out......Beep beep beep

 

[Red&BlackBear]

Coz cronulla and redcliffe are forward thinkers..

Ill let myself out......Beep beep beep

Don’t forget Penrith with Panthers Group acquisitions.

Rich men die, land remains.

 

[AlwaysGreen]

You wait until some clubs get into the 21st century and have off set commercial property development sections/ businesses under their overall business model as another source of revenue. NRL looking to buy hotels is small in comparison but it’s a start:

The day clubs own their own stadiums etc might still be far off but it’s closer than it ever was. Some clubs just need to start being a tad more innovative.

So like 90% of the clubs are doing now?

The bears aren't doing anything unique, the only difference is that they don't have an nrl team.

 

[MugaB]

So like 90% of the clubs are doing now?

The bears aren't doing anything unique, the only difference is that they don't have an nrl team.

Tsk.... Ouch... that's some PR level roasting there

 

[Red&BlackBear]

So like 90% of the clubs are doing now?

The bears aren't doing anything unique, the only difference is that they don't have an nrl team.

Owning your own training fields and car parks to owning diverse properties at various locations that other businesses rent or usage of said properties to run other businesses not related to the football department are 2 different things. But sure.

 

[Wb1234]

Owning your own training fields and car parks to owning diverse properties at various locations that other businesses rent or usage of said properties to run other businesses not related to the football department are 2 different things. But sure.

He right most clubs already own property assets outside their leagues club

his club has over 100 million in assets

roosters own a block of properties in Bondi junction they will redevelop one day and make hundreds of millions

 

[AlwaysGreen]

Owning your own training fields and car parks to owning diverse properties at various locations that other businesses rent or usage of said properties to run other businesses not related to the football department are 2 different things. But sure.

Canberra has $126 million in assets. And we're not one of the big boys.

 

[Red&BlackBear]

He right most clubs already own property assets outside their leagues club

his club has over 100 million in assets

roosters own a block of properties in Bondi junction they will redevelop one day and make hundreds of millions

Didn’t say he was wrong, I agreed with him. That’s why I said some clubs - not all. Just proves the point that there is a certain type of business model that is favoured for the NRL environment.

I’m not debating with Greeno on this though, he is smart enough to know this. I’m stating it for prospective franchises and highlighting that there is still a ways to go. Ideally all clubs having $200m of assets and at least $50-70m of extra cash flow coming in from said assets would be great.

As a comp, we are closer today to that reality than we were yesterday.

 

[Red&BlackBear]

Canberra has $126 million in assets. And we're not one of the big boys.

Location aside - you could be though. Smart cookies run the club.

 

[Wb1234]

another nrl team in Brisbane will be a slam dunk

but yeh let’s ignore the population and economic boom and the Olympics

 

[Centy Coast]

PNG will be announced as team 18 in September, a deal was agreed upon weeks ago, the announcement will match up with PNG’s Independence Day.

 

[AlwaysGreen]

PNG will be announced as team 18 in September, a deal was agreed upon weeks ago, the announcement will match up with PNG’s Independence Day.

Which one of your stalkees told you that?

 

[shewi6]

PNG will be announced as team 18 in September, a deal was agreed upon weeks ago, the announcement will match up with PNG’s Independence Day.

A deal was agreed upon weeks ago but as reported was on the brink of collapse during magic round, what gives?

 

[Wb1234]

A deal was agreed upon weeks ago but as reported was on the brink of collapse during magic round, what gives?

Pvl wanted more money out of the Feds

either 50 milion for clubs and or tax concessions for players from the feds

 

[shewi6]

Pvl wanted more money out of the Feds

either 50 milion for clubs and or tax concessions for players from the feds

So a deal wasn't agreed upon then. Considering the initial reports about this was the funding on offer was for 300M and was raised to 600M a while ago, seems like that taxpayers teat is gonna get a lot more milking.

It's great you have a direct line of contact with PvL and can feed us these inside scoops...

 

[Wb1234]

So a deal wasn't agreed upon then. Considering the initial reports about this was the funding on offer was for 300M and was raised to 600M a while ago, seems like that taxpayers teat is gonna get a lot more milking.

It's great you have a direct line of contact with PvL and can feed us these inside scoops...

The deal was agreed you dope

the media might be confused as to what was agreed upon