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iSelect Gold Coast Titans granted new license

CC_Roosters

First Grade
Messages
5,221
Isn't this a good thing though? They have avoided liquidation not in it!

Why did they invest so much money in this centre of excellence? A more modest facility with good training and strucutres would surely deliver equally good on the pitch performances. Then the money saved could have been pumped into development, marketing and subsidising tickets
 

docbrown

Coach
Messages
11,842
Isn't this a good thing though? They have avoided liquidation not in it!

Why did they invest so much money in this centre of excellence? A more modest facility with good training and strucutres would surely deliver equally good on the pitch performances. Then the money saved could have been pumped into development, marketing and subsidising tickets

Alot of the debt from memory was the fallout of contracts from shifting builders. If that hadn't happened then it wouldn't be an issue.

Really though, what does this expansion team get given from the NRL to help it stabilise?

At the moment? Nothing.

People should stop deathriding them and hope the NRL wises up and pours some money into them or puts pressure on Stadium QLD to ease up pricing.
 

Eelectrica

Referee
Messages
21,134
Alot of the debt from memory was the fallout of contracts from shifting builders. If that hadn't happened then it wouldn't be an issue.

Really though, what does this expansion team get given from the NRL to help it stabilise?

At the moment? Nothing.

People should stop deathriding them and hope the NRL wises up and pours some money into them or puts pressure on Stadium QLD to ease up pricing.
finally, a sensible post.

The idea behind the 'centre of excellence' was good. But probably too much, too fast. God only knows what really happened behind the scenes with the builders. Probably never know the real truth.

What the Titans need is to play an exciting brand of football to bring the crowds back!
I think Carty needs some help as a coach.
 

Teddyboy

First Grade
Messages
6,573
Alot of the debt from memory was the fallout of contracts from shifting builders. If that hadn't happened then it wouldn't be an issue.

Really though, what does this expansion team get given from the NRL to help it stabilise?

At the moment? Nothing.

People should stop deathriding them and hope the NRL wises up and pours some money into them or puts pressure on Stadium QLD to ease up pricing.

You should be on the IC.
 

LeagueLegend

Juniors
Messages
572
People should stop deathriding them and hope the NRL wises up and pours some money into them or puts pressure on Stadium QLD to ease up pricing.

But where does it end? We've got Cronulla as a financial basket case, Melbourne are getting extras under their deal. I'm not about to death ride the Titans but there comes a point in business that you have to operate within your means or face failure - no one wants teams to have to keep putting their hand out for bail outs.
 

docbrown

Coach
Messages
11,842
But where does it end? We've got Cronulla as a financial basket case, Melbourne are getting extras under their deal. I'm not about to death ride the Titans but there comes a point in business that you have to operate within your means or face failure - no one wants teams to have to keep putting their hand out for bail outs.

No one with a long term vision wants those teams to fold either.

It's about investing so that they can stabilise. Melbourne and Titans should be getting money until they can support themselves. Titans are only a new club and Melbourne are operating in a non-heartland market. They have big markets to tap into in the long term though once they're properly set up.

Cronulla has been around for a while. If they don't get that development deal then yes it's a question of what their long term economic future is going to be.
 

Stinkler

Juniors
Messages
1,417
Give the Titans 1/10th of what has been poured into the Storm since 1998 and they'll be sweet.

Give any team that cash and they should be sweet.


Until it's a level playing field provided by the NRL, this kind of stuff will always come up.

Even up the media coverage, even up the schedules, etc, and a lot of clubs would improve a lot, and some clubs would be brought back to somewhere near the levels of others.
 

CC_Roosters

First Grade
Messages
5,221
No one with a long term vision wants those teams to fold either.

It's about investing so that they can stabilise. Melbourne and Titans should be getting money until they can support themselves. Titans are only a new club and Melbourne are operating in a non-heartland market. They have big markets to tap into in the long term though once they're properly set up.

Cronulla has been around for a while. If they don't get that development deal then yes it's a question of what their long term economic future is going to be.

Speakin of, where is that at currently? Sorry about the thread ambush
 

Stinkler

Juniors
Messages
1,417
Speakin of, where is that at currently? Sorry about the thread ambush


Where's the development at? Woolooware mate.
Next to the Sharks ground... on the George Capsis Memorial Flood Plain :lol:


Should have a decision on it in the next 10-50 years.
 

Loudstrat

Coach
Messages
15,224
Geez if you read the story - the Gold Coast Titans were not in line for liquidation! Yeah I know - fine line and all that stuff. But if the existence of the team was threatened, the media would have been on to it before the court case.
 

no name

Referee
Messages
20,063
It was a nothing story.
The ATO looked into the validity of the property company the Titans run. It found that it was still valid.
Not really ideal but I'd imagine this sorts of scenario happens frequently.
 

dogslife

Coach
Messages
18,967
So that's why they're signing all and sundry to five year deals! They know they won't have to pay for 80% of it
 

applesauce

Bench
Messages
3,573
But where does it end? We've got Cronulla as a financial basket case, Melbourne are getting extras under their deal. I'm not about to death ride the Titans but there comes a point in business that you have to operate within your means or face failure - no one wants teams to have to keep putting their hand out for bail outs.

9 AFL teams last year took hand outs and lost money.

Better to have the teams stay alive then the damage that will happen if even one dies. :roll:
Especially when one is in the midst of a solo PR battle with the AFL/Suns.

The NBA, MLB, NHL have teams in some sort of financial trouble or on the brink of relocation/bankruptcy. Hell, to a lesser extent money issues happen in the NFL - Jacksonville, St. Louis not bankrupt but not making ENOUGH money or selling out enough games for the NFL's liking. Why would Australia be any different?
 

franklin2323

Immortal
Messages
33,546
The centre of excellence will pay for it's self over the life of the loan. What needs to be addressed is the ticket prices. The huge fees Staduim QLD want is partly to blame. Does NRL do those family fun days up there with cheap entry & food? Can the NRL threaten to take tests, finals & SOO etc off them. If they don't do a better deal.
 

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