With a $38mill revenue Souths achieved a $2.5mill profit (and thats before the club grants go up another $2-3mill)
You'd have to ask the potential bid teams, Im not privvy to that. I did get an email from the NRLWA GM this week stating the work being done by the WA Govt is incredibly positive so that's good news.
'Former Western Reds chairman Laurie Puddy has declared he’s preparing to pay some of the $20 million he believes it will cost to own and operate the return of a new Perth NRL team. "I have business contacts and colleagues sitting in Perth waiting for something to happen. All they say is: 'Laurie, when is it going to happen?’ Support for the game isn’t in question.'
'Sage, a mining magnate who owns A-League club Perth Glory, and consortium partner Ben Elias, the Balmain Tigers great, have a $20 million budget. Sage is believed to be worth more than $800 million, and he sees no problems with obtaining the $20 million start-up fund needed to establish an
NRL club in Perth. Sage, who says he will guarantee $100 million over 10 years, and Elias will meet with NRL interim chief Shane Mattiske on Tuesday.
'Meet the man behind Western Australia's latest bid for its own NRL franchise.
Peter Cumins, one of the state's leading businessman, will head the newest consortium aiming for the establishment of a Perth-based team in the competition Cumins has been involved in a previous Perth bid team that met with former NRL CEO David Gallop a decade ago, only for their work to amount to nothing when Gallop moved on from his position.'
and these are the ones we know about, who knows who else might be in the wings. Global Private investment sports companies are looking to buy into sports start ups all the time and with the new NRL grant funding a NRL club is looking a pretty good investment for the future. Now these are historic statements and things might have changed for Sage in particular. Cummins and Puddy have continued to state they are ready to bid as late as middle of last year.
Titans? Lol. Strawman, or troll, your choice. Perth bad because Titans failed in totally different circumsatnces, Gosford good idea ignoring the nearset club equally failed. Cuckoo, cuckoo.