MugaB
Coach
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The same people who will be funding the PNG bidYes Fiji Drua already are partially funded by the PacificAus Sports Program.
Pat control
Moana pacifika is also funded too, but nz does it
The same people who will be funding the PNG bidYes Fiji Drua already are partially funded by the PacificAus Sports Program.
West indies dont play in a domestic comp where they are competing week in week out against the worlds best.West Indies for cricket..... no difference Png for RL
Always look on the bright side of lifeSo Brisbane 3 to come in 2035 after all the png money has been pssed away then?
unless they are going to bup some revenue making assets for the png club out of all that sweet aussie cash the chances of them being self sustaining in ten years is about the same as tigers winning a comp under Benji.
“During high-powered negotiations, the NRL has been told $29m per year will be given to the football arm of the PNG franchise for a period of 10 years – a total of $290m.
The remaining $250 million will be allocated to social welfare and education programs in png”
also once deal expires no more money
29 million fed grantWest indies dont play in a domestic comp where they are competing week in week out against the worlds best.
be interesting to know if the $29mill grant means they won’t get the nrl $18mill grant on top, or if they are getting the govt grant plus the nrl grant. Given lack of any tv or sponsor value won’t surprise me if it’s a cost zero experiment for the nrl.
Nice guess work re grant29 million fed grant
Plus
18 million nrl grant
47 million revenue before sponsors etc
vs
Perth 18 million grant
Wa govt nil
18 milion revenue before game day and sponsors
Perth players marginal tax rate over 50 percent
png tax rate nil
That`s a lot of, lot of money in PNG. Could hit 55 + million once local multinationals and PNG Gov add their bit.47 million revenue before sponsors etc
PNG going to be a juggernaughtNice guess work
Like I said I can see the grant possibly being the govt money only and no nrl grant to be cost neutral for nrl given they wont earn the nrl any extra revenue.PNG going to be a juggernaught
50 million a year in football turnover is on par with the broncos
Hopefully they use some of that money to invest in properly assets for the club
30 million football turnover is still massive lolLike I said I can see the grant possibly being the govt money only and no nrl grant to be cost neutral for nrl given they wont earn the nrl any extra revenue.
It’s not, it’s at the lower end of the nrl club revenue scale these days. Presumably they will at least be able to earn $5-7mill ayear from sponsors and crowds so it’s nearer a $35mill budget to play with (if the speculation is anywhere near accurate)30 million football turnover is still massive lol
nrl keeps the 18 million grant for itself as profits
or gives each club an extra one million each
happy days
I'd be interested to see the plan but I'd imagine aggressive investment into income producing assets. I'd say the NRL has agreed to this backing themselves to be able to find it in 10 years alongside the corporate sponsors in PNG.So Brisbane 3 to come in 2035 after all the png money has been pssed away then?
unless they are going to bup some revenue making assets for the png club out of all that sweet aussie cash the chances of them being self sustaining in ten years is about the same as tigers winning a comp under Benji.
What higher cost ?It’s not, it’s at the lower end of the nrl club revenue scale these days. When you factor in the $4mill extra player payments and the high cost of attracting talent in non playing positions to work in png it won’t go that far. Let’s hope they are getting the NRL grant as well.
I could be wrong but it sounds like the NRL will be administering the team in conjunction with the PNGRL, so the NRL will probably receive the Govt funds, give PNG a grant for players and coaches etc and invest in the pathways and future proofing assets themselvesWest indies dont play in a domestic comp where they are competing week in week out against the worlds best.
be interesting to know if the $29mill grant means they won’t get the nrl $18mill grant on top, or if they are getting the govt grant plus the nrl grant. Given lack of any tv or sponsor value won’t surprise me if it’s a cost zero experiment for the nrl.
That would be the smart play.I could be wrong but it sounds like the NRL will be administering the team in conjunction with the PNGRL, so the NRL will probably receive the Govt funds, give PNG a grant for players and coaches etc and invest in the pathways and future proofing assets themselves
Only way to make sure the money doesn’t end up in suitcases at an airport!I could be wrong but it sounds like the NRL will be administering the team in conjunction with the PNGRL, so the NRL will probably receive the Govt funds, give PNG a grant for players and coaches etc and invest in the pathways and future proofing assets themselves
Nice guess work re grant
whose paying a tax rate over 50% in australia? cuckoo cuckoo