carcharias
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funny how I got a 2009 membership email the same day this exclusive story breaks on the Daily Telegraph.
I wonder how they found out?
I wonder how they found out?
I don't understand if you have so many assets that they only loaned 500k, I think the sharks are in BIG trouble!
And bring back Geoffrey Eddleston while you're at it.
Tha savior of the Sharks.
I don't understand if you have so many assets that they only loaned 500k, I think the sharks are in BIG trouble!
This is all spin from the Sharks. There is no crisis.
What I don't understand is, instead of dicking around over this stupid development which hasn't happened despite announcement after announcement for about ten years now, why not just sell all the land and pocket the windfall? It would surely be worth tens of millions of dollars, then someone else can do the development themselves. If the Sharks want, they should be shareholders...but they way they've run that Leagues Club and for that matter the football team for over four decades, there's no guarantee that any development they do is going to be a winner. The Sharks running a nursing home and conference centre? They can barely manage a coffee shop. Sell it off now, FFS.
how much did we pay noddy?
. The players arnt back yet
well over a million bucks..
his first 5 years he was on 450k roughly, 6th year 250k...
i blame this on noddy
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you recieve a grant of 3.5 mill from the NRL each year which basically covers player payments, why the f**k would you blame this on Noddy??
besides, your management and coaching staff agreed to sign Noddy, the guy is only doing what's best for himself..
blaming him is completely and utterly ignorant..
LinkRONULLA chief executive Tony Zappia today moved to assure fans of the NRL club's future, saying the Sharks are not broke and will never move from Sutherland.
As The Daily Telegraph exclusively revealed today, the Sharks financial situation had got to a point where they had to take out a huge loan to pay players and staff over Christmas
Zappia insists the situation is no more dire than other clubs and quelled fears they would investigate the NRL's multi-million dollar package for relocation to the Central Coast.
"It is going to be tight, but other footy clubs are in the same position," Zappia said.
"We have never been one of those top two or three financially strong clubs. We're obviously affected a little bit more than some others.
"I think today running organisations on credit is standard practice.
"Our base for next year is solid. All our majors and top end sponsors are moving forward with us and are on board for next year. Now it is just a matter of going through and seeing if there are areas we can cost save.
"There is certainly no talk of relocation. That is not on any agenda. The club will stay exactly where it is."
Zappia confirmed sponsors, global accountants PKF, had conducted an independent review into the club's finances with a report due prior to Christmas.
But unlike some other NRL clubs, Zappia did not believe cutting funding to junior teams was the answer to Cronulla's financial woes.
"Junior rep teams are certainly part of the livelihood and future of our club. More importantly, the Cronulla Sharks were set up to propagate the game of rugby league and we need to ensure that continues to happen in the future."
While Cronulla battle for every penny the news for NRL premiers Manly was exciting today as the Sea Eagles signed a three-year major sponsorship deal with Quantum Energy Technologies worth more than $2.5 million.
It took the Sea Eagles less than two months to secure the deal as the club continues to reap the benefits of a premiership win.
Quantum specialises in renewable hot water and pool heating systems and the Sea Eagles are boasting they have become the NRL's first team sponsored by a "green" company.
"At a time of much financial gloom it is refreshing that the code and the Sea Eagles in particular can clinch such a significant financial partner," said Manly chief executive Grant Mayer.
"It is a tremendous fit for the club and also makes a statement that we take the issue of climate change seriously".