Yes and no. The peace deal (which cost us some expansion teams that we're looking at getting back) would obviously have been negotiated by the ARL & Newscorp.. so the two governing bodies had to be party to that settlement.
Newscorp wouldn't have cared whether Perth, Adelaide, Gold Coast or the Crushers survived - and in fact it suited them to let those expansion clubs die - re-establishes the Broncos monopoly & reduces operational costs for the new NRL comp (less teams, FAR less travel costs).. which means Newscorp could pitch the rights for a steal.
Seeing that, ARL would've sighed a huge sigh of relief - they didn't mind axing frontier teams (better them than our traditional Sydney mates) - and so it was in 1998-9, including the cannabalising of the Steelers by St George. Yes they had to swallow 2 dead rats in the Wests Tigers and Northern Eagles.. but it wasn't the radical downsizing of Sydney that they were fearing.
If either side was going to stand up for the frontier teams it might've been the ARL, but if they had done that, News would've demanded deeper cuts to the number of Sydney teams. No chance the ARL would do that.
Yes you are correct News had spent $400m and they couldn't give a rats about frontier teams.
The peace deal gave the News mob the Tv rights (F&L) til 2023 .The ARL had no money in the bank,the $20m plus they did have was use to prevent players going to SL and help Gould.
We were screwed by the deal,by the. sheer weight of News money and their media clout.All the ARL had leftover were the players.
It was only as the result of the last Tv deal which involved News Kim Williams ,that the ARLC got the F&L clause removed.And only when News pulled out of the joint ownership,that the NRL could see daylight.
In addition we had clubs so dependent on poker machine monies and run by former players /well meaning people that put many clubs in financially delicate positions such as West Tigers,Sharks,Knights and later incompetence for the Titans.
The code has never had the money like the AFL ATM to throw at expansion clubs,whilst some NRL clubs needed new pro management and financial stability.
I look at it hypothetically,if as a result of the peace deal,News had pulled out of joint ownership with no F&L rights,we would have expanded by now.When we negotiated Tv deals with them ,it was like selling to half of you ,the other half the buyer.Our Tv deals were shown to be crap,when AFL trumped us time and time again.Now we go close to matching them.
The radical downsizing of the Sydney clubs as a result of the peace deal gave the Swans,the Waratahs a huge leg up.I witnessed it first hand dealing with people(Bears' supporters) when I was involved in marketing on the north shore,who went over to the Swans and Tahs,even a few I know from joint venture clubs.
That is why I cannot support any further Sydney team reductions.You can still have expansion,but no more gifts to our competitors.