Didnt they default on the payments due to the Northern Eagles?
Seems less like they got shafted and more like they just went broke....
Timing was the key
We weather stopped the Bears from playing out of Gosford
Then they got cut in 99
With no team meant no dponsors match gates or no NRL grant
They had no means to service their CC stadium debt so were put in administration
The administrator then convinced Manly to become a merger so he could get hold of $2 mil of the $8mil merger money on offer by the NRL