From The Australian today:
Meanwhile, their rival bid team – the South Island NRL bid – are quietly going about their business. It has been a big week for the South Island NRL bid who secured two major cash injections.
US company Alts.co has jumped on board as an investor. They have become a partner and investor into the Christchurch-based expansion hopeful.
The bid team’s chief executive Tony Kidd said they were exploring further investors.
“We’ve been chasing after investors for a while,” Kidd said. “Some of our team were in the states and they met and were conversing with them to make it happen.
“We’ve been talking to them for a long time. They deal with a lot of sports teams and investors in the US for a significant amount of money. The investment in us is a relatively small amount but they are looking to have a presence around the world and in the Australian and New Zealand markets.”
The South Island NRL bid also captured a silent Christchurch-based investor who has pledged a million dollars for the construction of the teams academy centre.
Well at last they are finally talking about money, doesn`t sound like a lot up front, but I`d say it`s what`s going to make or break both these bids now.