We will be waiting till hell freezes over for all clubs to be financially sustainable. Hasn't happened in the century plus of RL existing and doubt the NRL throwing millions at them is going to change that. RL is not popular enough in Sydney for the amount of clubs in an over saturated modern sports market, outside of Sydney the game is so badly run either at club or NRL level that clubs are struggling to develop the fanbase and corporate support needed to be a $25mill revenue business.
But I am sure with this new big TV deal that will all be different in 5 years, just like we said it would by 2018 when they announced the last deal.
I seem to remember same people announcing how much better panthers would be with their new CEO. How did that work out? I hope eels one does well, they are a sleeping giant and one of then5-6 Sydney clubs that could actually thrive and be the big clubs that should be in the NRL.
Based on what "source?
Ok some facts which you appear not to have read .
From 2018 all clubs will receive an extra $100m pa until 2022.
Around $100m more pa to grassroots yup to state level.
Extra payments to clubs of $1.5m pa from 2016-2022 for improving operational side and commercial revenues
A grant of 130% of total player payments from 2018-2022.
Titans now in a strong position to be sold to a private consortium.
Knights will be sold later with strong interest.
West Tigers now with a new board and Wests Leagues with the money.Dragons owe the NRL a few million but that club is to be part sold to WIN.
Outside of Sydney ? What the Broncos,Cowboys,Raiders,Storm,Warriors are badly run LOL
The Panthers took on raw recruit and had no idea how to handle RLWCs,they have a Centre of Excellence the envy of other clubs and codes.That had zero to do with the short time CEO.They have a well organised and large junior base.
Since the last Tv deal expiring end 2017.
The code has Touch football under its wing,lobbying to get a new stadium in Townsville,and new stadiums and refurbished ones in Sydney.
Secured $40m for the State Govt to be used for infrastructure and centres of excellence for NRL clubs.Manly already involved.
The NSWRL has a $20m Centre of Excellence next to ANZ being developed.
Money to spend on Jillaroo players and female grassroots development.
Money expended on securing the future on the Titans/Knights/Tigers/Dragons.
$1.5m extra to each club from 2016-2022 for operational/commercial.
Money lent to the Sharks for legals involving ASADA running into a couple of million.
Reorganisation of the Eels football club under eventually business management.
Financial assistance to the Tigers for player payments,as their development never took off.
Money spent to assist rl in PNG and the Pacific Islands
Paying out an extra $5m pa on high flying NRL execs brought in by Smith,now gone.
Possible work on Bruce Stadium.
That's what I know about,there is more.To suggest since the prior Tv deal ending 2017 that nothing has changed is complete and utter BS.
If clubs receive 130% of their player payments from the ARLC,not all clubs will need $25m revenue and the ones that don't receive it will still survive.