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Messages
22,024
yeah that's what this cap is about mate

everyone except the broncos and souths lost money

anyway

did anyone watch that press conference?
was...
disjointed
 

Madsharkie

First Grade
Messages
5,026
League financials run from October to October I believe. that's why teams are now getting in early on renewals in sept for the next season to boost those figures at the end of the year each year.
we lost 600k. every other club in Sydney lost heaps.
Broncos and Souths made money and they have double the membership (also says they are spending a lot too)

if you can keep the net loss at under a mil...with the LC and etc its not all that bad.

these " are why theres gonna be a cap on off field spending.
Have Souths been relocated? :p
 

southland

Juniors
Messages
2,016
I'll buy one of those. Thank Fuc they printed in black letters rather than stamping that awful yellow box! Well done all around. Great sponsor. Hope it lasts a while.
 

adamkungl

Immortal
Messages
42,971
I don't believe the losses are real losses.

These figures deliberately exclude Leagues club contributions to make NRL clubs look bad so the media can run with their constant sky is falling story.

Leagues clubs exist to fund League teams. The Football club runs their business knowing they will get Leagues club contributions, and presumably how much.
 

King Ben

Juniors
Messages
1,185
C5ufUdGU0AAKrPq.jpg

Either quick photoshopping or smart pre-planning, sponsor is already being used in the photoshoots taken at season launch last week.
 

Southern Shark

Juniors
Messages
1,358
We have one thing to fix. All of next years gear ready to go no the 01/12 of the previous year. Think Xmas sales. We have never achieved this. Every year a stuff up since online began. No jumpers, no shorts , no socks, no bags NO SALES. Groundhog day.
 

Chimp

Bench
Messages
2,932
We have one thing to fix. All of next years gear ready to go no the 01/12 of the previous year. Think Xmas sales. We have never achieved this. Every year a stuff up since online began. No jumpers, no shorts , no socks, no bags NO SALES. Groundhog day.
But... there was a shed load of Premiers Merch available to shift for the Xmas market - if the 2017 jersey had been available, many would have purchased that instead of the Premiers range. As it is, most people who want the latest jersey will still go out and buy it, so then the club have sold both Premiers and 2017 items to the same individual, probably getting more $ out of them in total.
I doubt they'll lose money having done it this way.
 
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