The redevelopment of Marvel has nothing to do with Telstra as far as I’m aware. AFL received Government funding for it.
The technology upgrades are seperate to the redevelopment and as you say deal with
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Where are you getting this $205m figure from? In any event, AFL owns Marvel outright. So any investment in it only increases the value of the asset which puts AFL in an even stronger position to obtain loans and finance in future.
I don’t think we need any more details to understand that for 2020-27 period - AFL will earn at least $500m more than NRL.
Nor do we need more details to understand AFL will have state of the art facilities and stadia for all clubs and regional centres in Australia due to superior management and administration.
Tell me a government in Australia that will be looking forward to dealing with PVL after his outburst at NSW Government. NRL brand copped a pasting for his rhetoric about giving money to NRL over flood victims. Meanwhile, under Gil’s leadership AFL just get shit done behind closed doors, with fantastic stakeholder engagement.
Take solace though, NRL bought a pub on Caxton street - without any consultation with Commission members. Oh and dragged into the courts to take on NSWRL. All smooth sailing ahead for NRL no doubt