Red&BlackBear
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Did they? According to this their actually bank balance was virtually zero.
http://www.redwatch.org.au/media/100320smh
I do agree though that the Sharks proposal was just a money grab and quite rightly the NRL told them were to stick it.
Every establishment has money saved somewhere for a rainy day. Including the NRL.
What the NRL essentially did is set a precedent for relocation when they took the offer off the table. This means clubs will have to do it with 100% committment. Which is not only good for the CC, but Perth too. As the Sharks/Perth rumours started pretty much as soon as the Sharks/CC rumours died off in 2008.