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New Zealand 2 will deal a massive blow to NZ rugby

Marlins

Juniors
Messages
1,397
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
 

Canard

Immortal
Messages
35,564
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
Probs need a bit more substance to any NZ bid, then "we've got $360M"
 

Perth Red

Post Whore
Messages
69,413
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
you bet I will :)
 

flippikat

First Grade
Messages
5,176
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
If that happens then what's the likely contingency if PNG's club collapses.... Central Coast Bears?!?
 

SirPies&Beers

Juniors
Messages
16
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
Too much money that would be left on the table. WA will get a team, when though who knows.
 

Matt_CBY

Juniors
Messages
1,374
The funniest scenario in all of this is if we do go to 20 teams and it’s PNG, NZ2, and a 3rd Brisbane team, with Perth missing out. I mean it’s probably favorite now to happen if we go to 20 teams. Perth were heavy favorites but it seriously looks all gone for them.

On a side note: I wonder if PR will ditch his Bears profile pic of this is the case lol.
Its no where near favourite to happen hahaha
 

Maximus

Coach
Messages
13,614

Perth Red

Post Whore
Messages
69,413

Makes it pretty clear it’s really only the 60 million they have now rest sounds vague

“It claimed the club would be funded by "a South Island-based group of private equity investors with a capital base of $NZ60 million". (Kiwi dollars)
yes the CofE and 'city centre' scheme seem speculative at best.
Still having $55mill - $20mill for start up isnt to be sneezed at. Its roughly what the Western Bears raised for start up as well (minus the license fee).

Again though as investors not owners I wonder what the return is to the investors and by when? Starting a club up with that much debt to investors rather than owners is maybe what's spooked the NRL?
 

Wb1234

Immortal
Messages
33,283
yes the CofE and 'city centre' scheme seem speculative at best.
Still having $55mill - $20mill for start up isnt to be sneezed at. Its roughly what the Western Bears raised for start up as well (minus the license fee).

Again though as investors not owners I wonder what the return is to the investors and by when? Starting a club up with that much debt to investors rather than owners is maybe what's spooked the NRL?
Its semantics imo

Owner and investor are interchangeable
 

Perth Red

Post Whore
Messages
69,413
Its semantics imo

Owner and investor are interchangeable
Sometimes, other times not.
It may be they are basically loaning the money to the club owners (those on the board), not owning the club themselves per se. Some investments are for equity share, some are for debt repayment.
 

Wb1234

Immortal
Messages
33,283
Sometimes, other times not.
It may be they are basically loaning the money to the club owners (those on the board), not owning the club themselves per se. Some investments are for equity share, some are for debt repayment.
Said private equity so the term was ambiguous
 

Canard

Immortal
Messages
35,564

Matt_CBY

Juniors
Messages
1,374
I wonder if gobsmacked and Matt will act like arrogant wankers now that it's one of their fellow cultists saying it.
It seems I’ve upset Canards boyfriend.

Haha. I don’t roll in cliques dude. What a teenage thing to do. Simple minds will do what they can to convince themselves of some understanding of the world, no matter how far from reality that is.
 

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