Central Coast Bears - Stand Aside

[Timmah]

Over time it will become the case. There is a national-class facility in Bluetongue Stadium, all the infrastructure is there and in place, and now the sponsorship agreement is there:

THE Central Coast Bears have emerged as front runners to become the seventeenth NRL club - the board accepting a $10 million deal in principle with Mortgage House to underwrite the Bears' desired return to the competition in 2013 in a private ownership arrangement.

The deal has boosted the club's claim to the seventeenth NRL franchise license, which is expected to be announced mid-year when the independent commission is in place.


Lawyers are still running the rule over the deal and it will not go ahead unless the Central Coast consortium's 5000 members agree to it, despite unanimous support for the takeover from the club's board. Bears CEO Greg Florimo said he strongly expects his members to vote in favour of the deal at an AGM, held in the next two months.


Mortgage House managing director Ken Sayer said the Bears' building momentum has prompted NRL chief operating officer Graham Annesley to describe the bid as "superior" to rival claims, including, Perth and Rockhampton in central Queensland.


The bid team met with Annesley and NRL boss David Gallop two weeks ago in a favourable meeting for the fledgling club.


"It's hard not to get excited about it with everything that's going on the Central Coast," Sayer said. "I've never been involved in a business where the gradient of growth is as steep as what we have. I hope to be doing cartwheels in a few weeks when it's a definite deal."

http://www.couriermail.com.au/sport.../story-e6frep5x-1225991360752?from=public_rss

 

[BDGS]

oh I'm sorry I thought the theory was that unless you had a team playing in your backyard you would lose fans to another code?

Well it is kinda true now, you won't find any support for the Waratahs outside of the city. North Sydney being apart of the CBD in this case.

 

[BunniesMan]

Over time it will become the case. There is a national-class facility in Bluetongue Stadium, all the infrastructure is there and in place, and now the sponsorship agreement is there:

THE Central Coast Bears have emerged as front runners to become the seventeenth NRL club - the board accepting a $10 million deal in principle with Mortgage House to underwrite the Bears' desired return to the competition in 2013 in a private ownership arrangement.

The deal has boosted the club's claim to the seventeenth NRL franchise license, which is expected to be announced mid-year when the independent commission is in place.


Lawyers are still running the rule over the deal and it will not go ahead unless the Central Coast consortium's 5000 members agree to it, despite unanimous support for the takeover from the club's board. Bears CEO Greg Florimo said he strongly expects his members to vote in favour of the deal at an AGM, held in the next two months.


Mortgage House managing director Ken Sayer said the Bears' building momentum has prompted NRL chief operating officer Graham Annesley to describe the bid as "superior" to rival claims, including, Perth and Rockhampton in central Queensland.


The bid team met with Annesley and NRL boss David Gallop two weeks ago in a favourable meeting for the fledgling club.


"It's hard not to get excited about it with everything that's going on the Central Coast," Sayer said. "I've never been involved in a business where the gradient of growth is as steep as what we have. I hope to be doing cartwheels in a few weeks when it's a definite deal."

http://www.couriermail.com.au/sport.../story-e6frep5x-1225991360752?from=public_rss

Great news. Althought dgsfan's head might explode at the news. Or he'll just tell us how this article is wrong and how he knows better and it won't happen.

The Bears returning looks to be gaining even more momentum, with each day that passes it looks more and more certain. Would be great to have a 3rd foundation club again, and for the Central Coast to finally get what they deserve after being mistreated by the NRL for far too long.

 

[Perth Red]

when it says a private ownership agreement what does that mean? Is Mortgage House going to own the Bears?

 

[andrew057]

won't it be a bit strange making a submission before a call for expansion is made by the NRL?

Like the previous article says PR, the Bears and their bid group are in communication with the NRL. There is nothing strange about it, it's obviously been planned by both parties.

 

[andrew057]

Over time it will become the case. There is a national-class facility in Bluetongue Stadium, all the infrastructure is there and in place, and now the sponsorship agreement is there:

THE Central Coast Bears have emerged as front runners to become the seventeenth NRL club - the board accepting a $10 million deal in principle with Mortgage House to underwrite the Bears' desired return to the competition in 2013 in a private ownership arrangement.

The deal has boosted the club's claim to the seventeenth NRL franchise license, which is expected to be announced mid-year when the independent commission is in place.


Lawyers are still running the rule over the deal and it will not go ahead unless the Central Coast consortium's 5000 members agree to it, despite unanimous support for the takeover from the club's board. Bears CEO Greg Florimo said he strongly expects his members to vote in favour of the deal at an AGM, held in the next two months.


Mortgage House managing director Ken Sayer said the Bears' building momentum has prompted NRL chief operating officer Graham Annesley to describe the bid as "superior" to rival claims, including, Perth and Rockhampton in central Queensland.


The bid team met with Annesley and NRL boss David Gallop two weeks ago in a favourable meeting for the fledgling club.


"It's hard not to get excited about it with everything that's going on the Central Coast," Sayer said. "I've never been involved in a business where the gradient of growth is as steep as what we have. I hope to be doing cartwheels in a few weeks when it's a definite deal."

http://www.couriermail.com.au/sport.../story-e6frep5x-1225991360752?from=public_rss

This is fantastic news for the Bears bid and its supporters. Well done to everyone involved.

 

[BunniesMan]

when it says a private ownership agreement what does that mean? Is Mortgage House going to own the Bears?

I think so, pending the vote for Central Coast members.

 

[Perth Red]

so they are basically buyng an NRL license (if Bears get one) for $10mill? Seems cheap compared to what Tinkler is willing to pay? Buying the club for $10mill is a heck of alot different to what they originally said which was that they are sponsoring the club to the tune of $10mill. And if that includes shirt naming rights for Mortgage House (worth $1mill a year on avg in NRL) are they actually paying anything fo the CCBears club?

 

[Red&BlackBear]

Go the bears!

 

[Alex28]

so they are basically buyng an NRL license (if Bears get one) for $10mill? Seems cheap compared to what Tinkler is willing to pay? Buying the club for $10mill is a heck of alot different to what they originally said which was that they are sponsoring the club to the tune of $10mill. And if that includes shirt naming rights for Mortgage House (worth $1mill a year on avg in NRL) are they actually paying anything fo the CCBears club?

Exactly right. The board of the Bears are giving away the club for the value of 10 years sponsorship (probably less based on inflation) which they would have got any way.

Rather than making the Knights look expensive, it makes the Knights look smart.

 

[BuffaloRules]

Mortgage House managing director Ken Sayer said the Bears' building momentum has prompted NRL chief operating officer Graham Annesley to describe the bid as "superior" to rival claims, including, Perth and Rockhampton in central Queensland.


The bid team met with Annesley and NRL boss David Gallop two weeks ago in a favourable meeting for the fledgling club

Its unfortunate that Graham Annesely will be in the NSW state parliament in March, and as we have established on the Ipswich thread, Gallop doesnt even get a vote on the Independent Commission...

 

[Timmah]

Yep - because those two are the only two in the whole game supporting the whole bid.

Anything to discredit the Bears bid though, eh? ;-)

 

[BuffaloRules]

As opposed to you and your fellow cheer squaders doing anything to talk it up....

As we have learnt during the FIFA World Cup bid process, in the hard reality of professional sports, having the best bid means SFA...

TV Money and the self interests of the clubs will determine who gets in...

 

[Timmah]

As opposed to you and your fellow cheer squaders doing anything to talk it up....

As we have learnt during the FIFA World Cup bid process, in the hard reality of professional sports, having the best bid means SFA...

TV Money and the self interests of the clubs will determine who gets in...

Something tells me FIFA and the NRL are on two entirely playing fields... :lol:

And we're doing anything to talk it up? REALLY?

I just don't understand people who come into the thread to try to slam the bid? Why not hightail it over to the thread relevant to the bid you want to be admitted and talk it up instead of wasting your fingers garbaging the Bears?

 

[BuffaloRules]

Listen dufus, the comment I made was in response to a media article posted on THIS thread...

And if you dont like it you know what you can do...

 

[bobmar28]

No, its the Central Coast-North Sydney-Hills District Bears.

Remember the argument that we have to put a team at Gosford because AFL is getting popular in Pennant Hills?

I agree with that point. I just wish more people would be willing to accept a merger of some of the teams in Sydney which is over saturated. I would be first to sign up if the Dogs merged with another team. It would create an unbeatable super team.

 

[bobmar28]

how can it be a thriving RU area with no Super15 team?

Where do you think people come from to attend the Waratahs games? Not Liverpool that's for sure.

 

[bobmar28]

oh I'm sorry I thought the theory was that unless you had a team playing in your backyard you would lose fans to another code?

Touche.

 

[Beowulf]

I note Annesley didn't even consider Ipswich worthy of mention or comparison with the Reds and CQLD behind the Bears. So man up all you Bear-haters and congratulate the Bears on a great job. The focus now switches to Perth v CQLD for licence 18.

 

[BuffaloRules]

Annesley might make a speech about the Bears in the NSW state parliament when he resigns from the NRL and becomes a State MP in 6 weeks time..