iSelect Gold Coast Titans granted new license

[El Diablo]

And the article I linked to has a quote that does mention renegotiation. .

your quote is from an unnamed source

the DT articles quote is from the Interim ARLC CEO Shane Mattiske

i know which quote i'd go with

 

[Red&BlackBear]

ARL take control of Gold Coast Chargers for 1996, they make a profit but by 1999 are gone. ARLC take control of Gold Coast Titans for 2013, will they make a profit this time? They'll undoubtably survive regardless. Funny how history repeats itself sometimes. I wonder though, had the NRL foreseen the Titans predictament would they still have admitted them? Probably not. Searle's a good con man though. Hope the Titans go well next season.

 

[El Diablo]

the ARLC are not taking control for 2013

and :lol: @ the butthurt CC wanker still whinging about not getting admitted instead of the Titans

 

[Silent Knight]

Hopefully the new owners will consider lowering the cost for GA tickets and membership packages so the Titans can build a stronger home fan base.

It would also help if the new owners and the ARLC could renegotiate a fairer deal with Stadiums Queensland, but somehow I doubt this will eventuate.

Have a read of what Princey has to say: http://www.goldcoast.com.au/article/2012/04/07/406031_gold-coast-titans.html

It just goes to show how out of touch the Titans administration was under Searle. The Gold Coast has a struggling economy and Searle tries to build a glamour club, throwing big money at the likes of Idris and Taylor while at the same time local sub-contractors don't get paid the money they're owed.

The snake oil salesman didn't exactly endear himself with the Gold Coast community. Hopefully better times are ahead for the Titans now Searle is out of the picture.

 

[Red&BlackBear]

the ARLC are not taking control for 2013

and :lol: @ the butthurt CC wanker still whinging about not getting admitted instead of the Titans

I didn't know you we're from the CC el diablo, but I did know you're a butthurt wanker. This has nothing to do with CC, matter of fact I didn't even mention them. So take your reply, bend over and stick them up where your boyfriend reaches.

If the ARLC are giving them a clean slate then to me it looks like they have taken over just not on a management level like chargers. Funny because I didn't see cronulla get such help a few years ago when they were in dire straights.

 

[Silent Knight]

Funny because I didn't see cronulla get such help a few years ago when they were in dire straights.

Gee I wonder why.

 

[_snafu_]

 

[WayneBennett]

 

[Expansion]

If the ARLC are giving them a clean slate then to me it looks like they have taken over just not on a management level like chargers. Funny because I didn't see cronulla get such help a few years ago when they were in dire straights.

Very different situations. I doubt the ARLC would help out Cronulla as well, funny how people fall back into old habits blaming it on the old NRL partnership and the former CEO.

 

[El Diablo]

http://sportsbusinessinsider.com.au/news/iselect-gold-coast-titans-granted-new-license/

iSelect Gold Coast Titans granted new license

Author
Matthew Galea

The long-term future of the iSelect Gold Coast Titans has received a massive boost with the Australian Rugby League Commission granting the club a new license for 2013 and beyond.

The new Titans entity will be run by an independent board, offering the club a fresh start from 2013.

The club will be controlled by a consortium headed by a group of businessmen, including Darryl Kelly, Graeme Connor and Anshuman Magazine, whilst the Titans’ Executive Director of Football Michael Searle and his associated shareholders will continue their association with the club through a minority shareholding.

The Titans CEO David May has expressed his delight at the news, stating that it was a key component in the club’s transition into a new important phase.

“It’s great news for the Titans and the entire rugby league community on the Gold Coast that our licence has been renewed,’’ said May.

“It gives us surety for the future and we see it as the final component in the club being able to move forward into a new phase under a new structure.

“We are excited about what the future holds for this club.’’

ARLC Chairman John Grant also spoke of his happiness with the announcement, saying that the Titans’ new license was good news for both the club and the future of rugby league on the Gold Coast.

“This is a really strong result for the Gold Coast,” Mr John Grant said.

“It has come about after months of negotiation and thanks to a number of parties who have acted in the best interests of the Titans and Rugby League on the Coast.

“From the Commission’s perspective we have secured an outcome that ensures a stable club is in place with an independent governance structure.

“The players, members and fans of the Titans have showed tremendous support for the club in trying circumstances this year and I think that they can look forward to next year with a great deal of confidence.”

 

[Coaster]

Yay


Lol

 

[some11]

Patting themselves on the back for being allowed to play next year? I didn't know it was that bad.

 

[LJC]

Sydney has too many teams.

Way out of line!
That is why Superleague was so destructive to our game!

When you rid a club that has established popular support not only in Sydney(Australias biggest city/market) and around Australia, you erode the massive advantage that longtime clubs have in our game or any sport! Longevity has credibility and respect for such longevity should not be taken lightly! It is a massive advantage in the sports market!

Please try avoid talk of killing off the games established and recognisable heritage. It will only amount ot our game losing established advantages on other codes!

I would strongly suggest that the Central Coast Bears would be a win/win solution for many footy fans and the game itself. Other new clubs in Brisbane(Sunshine Coast), West Coast Pirates and NZ or Adelaide are wise inclusions in future years.

Easier said than done with the way things get twisted and delayed by our current administration and those supposedly in the know.

 

[newman]

I was being sarcastic you pillock.

 

[bottle]

Newman also believes that there are too many rabbits in China, he saw it in an ad once.
He's very gullible don't you know.

 

[_Johnsy]

I am astounded they let Searle have anything to do with the club. IMO he carries too much baggage for the club.

 

[Hanscholo]

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.

I'm not sure what you are trying to say there. Suffice to say, the debt is the debt and its there cause they owed it to people. Not sure how you incur debt without it being your fault.

Id be very wary about pouring money into the GC because its proven time and again to have a weak sauce supporter base that make sydney siders look like hard core EPL fans.

I dont care if they live or die tbh. The comp will succeed without them. If they want a side up there they outta get off their arses and go support them.

 

[parraparraparra]

glad to see, we need them to fight the Suns. Pushing Searley's ownership well below majority is important.

 

[AlwaysGreen]

I am astounded they let Searle have anything to do with the club. IMO he carries too much baggage for the club.

Agree. He should have been punted out of the game.

 

[docbrown]

I'm not sure what you are trying to say there. Suffice to say, the debt is the debt and its there cause they owed it to people. Not sure how you incur debt without it being your fault.

Several subcontractors went belly up after receiving initial down payments without completing actual works or completing very little work. So not only did they lose that money they then had to get new contractors and faced damages from the construction timeline blowing out.

The whole thing came from construction cost overruns.

But I don't see anybody starting a negative media campaign about the subbies who took the Titans money without actually doing anything...