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The consortium behind the Bombers are now putting a 10 million bid for the Titans. They insist they will keep them the Titans and keep them at the Gold Coast.
Didn't the new Seattle Sonics owner say that before moving them to Oklahoma?
Brisbane Bombers enter race for Gold Coast Titans’ NRL licence armed with $10 million
Peter Badel, The Courier-Mail
THE Brisbane Bombers have entered the race for the Titans’ licence armed with a $10 million bid to stave off the North Sydney Bears and keep the club on the Gold Coast.
The Courier Mail can reveal a Bombers consortium has begun due diligence into the Titans after contacting the NRL to formally express interest in buying the financially-stricken club.
The NRL last week officially placed the Titans up for sale, prompting Rebecca Frizelle to resign as club chair as she ramps up plans to purchase the club with former co-owner Darryl Kelly.
Frizelle and Kelly are red-hot favourites to clinch the Titans licence, while North Sydney represent a threat with a $7m bid aimed at reviving the famous Bears as an NRL identity.
But the Brisbane consortium has the financial muscle to blow rival bids out of the water.
The Bombers launched in 2011 with a view to becoming Brisbane’s second team to rival the Broncos, but with the NRL putting expansion on the backburner, they are keen to rescue the Gold Coast.
“We’ll be making a bid for the Titans licence,” said Bombers CEO Nick Livermore, whose late father Ross was formerly the boss of the QRL and a board member at the Gold Coast Chargers.
“We’ve contacted the NRL and formally applied to be part of the bid process.
“We’re currently looking over the Titans’ financials, we’re understanding the ins and out of the business and looking to see if we can add value to the club.
“Our motivation is growing the game and bringing stability to the Titans on the Gold Coast.
“My father was part of the Gold Coast Chargers, so there is some history and heritage which makes it a passionate pursuit for me.
“If the NRL decides there is someone better suited for the licence, that’s fine. But the Titans deserve an opportunity to thrive in the NRL and at the moment, through some unfortunate circumstances, that’s not the case.
“It takes time to heal wounds but hopefully we can make that happen.”
A four-man Bombers consortium is currently examining the financials of a Titans club that will lose an estimated $2.3 million this season.
Livermore praised the work of Frizelle and Kelly and said the Brisbane group had no plans to relocate the Titans.
While expansion is on the backburner, the Bombers hope the NRL will consider adding a second Brisbane team when the code’s next TV rights deal is brokered for the 2023 season.
In the meantime, the Bombers believe they have the finances, business plan and administrative acumen to resurrect the ailing Titans.
“Fans should not be concerned, we have no plans to move the Titans,” he said.
“It’s important that the Titans stay on the Gold Coast full-time.
“Ultimately, the Titans don’t need another rebrand. We’ve had enough name changes. They wouldn’t be the Gold Coast Bombers.
http://www.couriermail.com.au/sport...n/news-story/00e8336e2a50bb1ca5686077e427b2ae
Honestly, i dont think this would be such a bad idea...
Given the ARLC place some basic limits on the club (no name change, minimum no. of games at Cbus) i dont see a problem in this lot taking control of the Titans.
Im gonna guess they arent THAT attached to the Bombers name (it was necesary to build momentum for a new bid, but there isnt enough history/emotion behind it for that to be a sticking point) or the Brisbane location (i reckon the group just sniffed the wind and figured Brisbane was their best bet for a new team).
Kelly/Frizzel have had a few years in charge without all that much success (i mean, the club did end up broke) so maybe a change is needed. (and they clearly have no idea what theyre doing with the brand. next year will be their 3rd main strip in the 5 years they have been in charge. The Bombers name might be shit, but the colours and logo are f*ckin sweet)
The Bombers crew at least COME ACROSS as competent, so i wouldnt rule them out...
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