taipan
Referee
- Messages
- 22,500
NRL has been crystal clear, no expansion as the current clubs are such basket cases. Yours would be up among the top of that list with on and off field dramas and multi million $ annual losses since forever. Your development still hasn't got you break even yet and if it wasn't for a pizza guy, a director and the NRL giving out money like confetti you'd be back in hock to the banks big time. If your accounts this year don't show break even with the development cash, the NRL advance and a GF win then there is little hope for you.
But anyway back to future stadiums lol
Brilliant.You are only confirming my comments as to why we haven't expanded wow.
Do any major developments break even straight away FFS?
You obviously have zero idea about additional development plans at the site, now before the Dept of Planning and Environment. Let's put it this way, currently the club relies less on poker machine revenue than do other Sydney clubs,
A few years down the line, the club will leave most for dead ,refurbished leagues club, retail complex with large rental income,130% of salary cap in grants,own ground no rent only maintenance, recycled water used thus minimising costs.Already all sponsors boxes are sold.
Keep up your assumptions about the future.I'd be more concerned about your state economy and unemployment, before bagging Sydney clubs.
I could't care if it was the local SP bookie who paid the debt.The interest bill is far less than prior.Any money the NRL has provided the club re legals etc ,has to be, and is being repaid.Just like the $6.5m Dragons loan and the Tigers.The NRL giving out money like confetti,I thought you didn't have a clue, now you've convinced me.
Well I doubt you will break even ,judging by your crowds to date, bearing in mind the NRL would be paying your flights every 2nd week and you pay rent.
And if it wasn't for you guys joining SL,you may still have a team, same hypothetical.Check your own backyard champ.
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