carlosthedwarf
First Grade
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Two weeks ago it was 12 CEOs. Now there's 8. At this rate there will be one left by the grand final
Its such a secret that Kent knows about it... right.. If anybody wanted to keep anything a secret the last person that they would tell would be that turd kent.
problem is they would prob only offer half the amount..the this could all backfire
Tinkerbell is thick. Don't waste too much time with it.This isnt a simple case of "beat the 2nd highest bid by $1". NewsLtd is dependent on NRL and this is the NRLs chance for a massive payday.
The NRL doesnt need another group making a serious cash bid, they just need a plan B if NewsLd try to lowball.
At the last negotiations, it was reported that the ARLC were considering selling all 8 games to FTA for way less just to f*ck Rups. This time, Fox doesnt even have the F&L to fall back on; they eithr cough up or the ARLC sells to a competitor...
Stupid by Smith...
Why did he not do the deal together with Nine for a total amount where there is the most leverage.
He just chose to do things the hard way..
now Smith has revealed his price... Foxtel can just investigate what max Netlix for example would be ... say $400 million....
Foxtel then would have the upper hand.
They will never have the upper hand. IMO NRL must get the same as AFL...per hour/game.
Otherwise sell to a competitor at a discount. Never let Foxtel use NRL fans to pay for an expensive AFL contract.
problem is they would prob only offer half the amount..the this could all backfire
They will never have the upper hand. IMO NRL must get the same as AFL...per hour/game.
Otherwise sell to a competitor at a discount. Never let Foxtel use NRL fans to pay for an expensive AFL contract.
I agree, stonewash bumhuggers will come back.
ESPN are bidding for a huge chunk of the Australian sports market, so trust me when I say they aren't offering "half" of anything... They realise if they're going to take the NRL they have to stretch Fox. That means offering close to what Fox gave the AFL. Then if Fox wants to keep its subscriber base it will have to go over that and maybe more, which means they could be put in the awkward position of paying the same or more for the NRL rights in spite of less content and an avowed preference of AFL.
Tricky times ahead for Rupert's gang.
ESPN are bidding for a huge chunk of the Australian sports market, so trust me when I say they aren't offering "half" of anything... They realise if they're going to take the NRL they have to stretch Fox. That means offering close to what Fox gave the AFL. Then if Fox wants to keep its subscriber base it will have to go over that and maybe more, which means they could be put in the awkward position of paying the same or more for the NRL rights in spite of less content and an avowed preference of AFL.
Tricky times ahead for Rupert's gang.
I don't think they will even bid, nor bein sport. Fox will eventually pay the NRL what it's worth, just got to get over the emotional posturing. Once the dust settles I think a certain Fox Sports executive may make a quiet exit, as to avoid the perception that it was in fact Fox Sports, & not the NRL, that screwed up negotiations.
NRL clubs offered $3m bonus if they sign participation agreements
The Australian
November 3, 2015 12:00AM
Brent Read
Senior sports writer
Sydney
ARL Commission chairman John Grant has moved to head off a revolution over future funding by offering the 16 clubs a $50 million sweetener in return for their loyalty to head office.
Grant, whose position has come under scrutiny in recent weeks amid acrimonious talks over the games finances, is understood to have raised the idea of offering each club $1.5m a year over the next two seasons.
The money comes with a caveat. If the clubs agree to sign new participation agreements their current deals expire at the end of 2017 the money would be a grant and therefore not repayable.
However, if the clubs refuse to sign new agreements, the money would in effect become a loan that clubs would be forced to repay should they opt out of the competition.
While some clubs are believed to be happy with the latest offerings from Rugby League Central, others are understood to be annoyed by what they view as an inducement to garner their loyalty.
The ARL Commission is due to receive a $50m advance from the Nine Network midway through next year as an advance on the $925m broadcasting deal which is due to come into effect from the 2018 season.
The clubs wanted the lions share of that money to prop up their ailing businesses in total, they lost more than $30 million last year. It now appears the ARL Commission is willing to give them what they want, albeit on the proviso that they commit their futures to the competition, in effect removing a large amount of leverage the clubs have over the ARL Commission.
Some clubs have refused to extend their participation agreements while there remains an impasse with the games governing body. Aside from the issues of finances, the clubs are also attempting to change the constitution to gain a greater say over the appointment and removal of commissioners.
It is believed some clubs believe they should have a seat on the commission. The issue came to a head last week when a subcommittee representing the clubs walked away from a meeting with Grant. Late last week, the clubs unanimously voted to condemn the commissions handling of talks.
The $3m offer could have a cathartic effect on the finances of some clubs. As it stands, only two clubs regularly turn a profit Brisbane and South Sydney.
Not all club powerbrokers are necessarily impressed though. One chairman labelled it as a “sugar hit” and Grant’s way of “buying votes”.
Another said: “The $3 million is a catch-up payment from the past. All the money from the last broadcast deal effectively went straight to the players.
“Clubs have been the victims from the last deal because we have had serious inflationary pressure on coaching staff and other costs, which we have had no money to cover.”
The clubs are expected to meet with Grant again in November.
Great more of the games new wealth disappearing into the black hole that is clubs financial messes. That'll sort the game out lol.
seems a pretty good deal for the clubs if coupled with general grant increases above cpi over the life of the deal.