Peter V'landys - New NRL/ARLC Chairman

[Wb1234]

again, no sport in the world went broke because of covid. Neither would Rugby league in Australia.

English union clubs have failed due to failure to pay back covid debts

stop being pedantic

 

[Wb1234]

Nope:

The deal, exclusively arranged by HTL Property's Brisbane and Sydney offices, sees the highly regarded Gambaro family provide on-going operation of the property and businesses on an exclusive basis with the ARLC.

"We are delighted with the sale of our hotel after operating on Caxton St for over 60 years, and as a family we are equally as excited about the prospect of working with the ARLC in order to continue and grow the operation" advised Vendor John Gambaro.

Gambaro Hotel sold to Australian Rugby League Commission - HTL Property

Leading agents Nic Simarro, Glenn Price, Brent McCarthy and Andrew Jackson from national specialist brokerage firm HTL Property have negotiated the sale of Brisbane's luxury Gambaro Hotel to the Australian Rugby League Commission. The 68 room Caxton St hotel has been acquired by the NRL's...

www.thehotelconversation.com.au

They manage it on behalf of the arlc who keep the profits

profits have been larger than expected too

 

[Perth Red]

English union clubs have failed due to failure to pay back covid debts

stop being pedantic

a handful of clubs maybe in the world, codes not. Its not pedantic, its fact! You cant say NRL would have gone broke if not started back so early when literally no where in the world in any sport did that happen.

 

[Wb1234]

a handful of clubs maybe in the world, codes not. Its not pedantic, its fact! You cant say NRL would have gone broke if not started back so early when literally no where in the world did that happen.

They would’ve suffered a huge financial impact

which was avoided and also for afl by copying

 

[Perth Red]

They would’ve suffered a huge financial impact

which was avoided and also for afl by copying

Now you're being sensible, yep the sooner back the better and thats why I applaud Vlandys pushing it through. Still wouldnt have gone broke though if it had been a few months later is the reality. Especially if he hadnt screwed up the tv deal!

 

[Wb1234]

Now you're being sensible, yep the sooner back the better and thats why I applaud Vlandys pushing it through. Still wouldnt have gone broke though if it had been a few months later is the reality. Especially if he hadnt screwed up the tv deal!

Covid was the turning point where we overlook afl

the nrl leadership was quick to adapt and prosper whilst afl didn’t cut spending enough and racked up huge debts

now in expansion mode nobody will catch rugby league

it’s back to where it was in the early 90s

 

[Reflector]

3...2...1....Karen!!!!

> WHINGEING!

> MOANING ABOUT NO PERTH TEAM!

> COMPLAINING ABOUT VLANDYS!

> FELLATING ALPHA GIL!

> TALKING ABOUT THE AFL!

> GO KAREN!

> WITH YOUR POWERS COMBINED, I AM CAPTAIN KAREN!

Captain Karen
LU's Hero
Gives the NRL a whopping zero
Pommy whingeing, magnified
And he's fighting on
McLaughlan's side
Captain Karen
Moaning daily
AFL is his Motte & Bailey
Gonna help him put asunder
Good news for League that-
Steals their thunder!

(You'll complain about this, Captain Karen!)

We're the Karen-teers
You can be one two
Whining about Vlandys is the thing to do
Say Aussie Rules is better, in every thread
Stay up all night complaining then go to bed

THE WHINGEING- IS YOURS!

 

[Iamback]

Its not and investment strategy, as long as there isnt another pandemic!
They are buying the properties and leasing back to the hotel companies to run them. Be interesting to know what the lease revenue is and whose responsible for maintenance costs.

I back the business minds the NRL have handling this stuff... then a f**ken sook who complains non stop

 

[Phil McGrawhan]

I back the business minds the NRL have handling this stuff... then a f**ken sook who complains non stop

Yep.
his hate for anything NRL or PVL always shines through.
you could bet your life if the AFL had done this he would be praising their business acumen ..their foresight ..& screeching that the NRL should be doing the same.

 

[Wb1234]

Yep.
his hate for anything NRL or PVL always shines through.
you could bet your life if the AFL had done this he would be praising their business acumen ..their foresight ..& screeching that the NRL should be doing the same.

Vegas will be a success and the funny bit will be they will try and copy us again like they did with magic

 

[King hit]

Now you're being sensible, yep the sooner back the better and thats why I applaud Vlandys pushing it through. Still wouldnt have gone broke though if it had been a few months later is the reality. Especially if he hadnt screwed up the tv deal!

 

[Iamback]

Yep.
his hate for anything NRL or PVL always shines through.
you could bet your life if the AFL had done this he would be praising their business acumen ..their foresight ..& screeching that the NRL should be doing the same.

Yep. I might be a bust BUT it isn't like PVL is search the Real Estate section of the Newspaper for what to spend the games money on.

They have a committee for that and they are far more qualified then he is to make these decisions

 

[Perth Red]

haha this is hillarious, I dont even think buying $20million hotels to lease back to providers is a bad thing
Sure its no billion $ stadium but its at least a start for the game to build an asset base.

 

[Wb1234]

Yep. I might be a bust BUT it isn't like PVL is search the Real Estate section of the Newspaper for what to spend the games money on.

They have a committee for that and they are far more qualified then he is to make these decisions

Uncle Nick is on there

billionaire

he knows what properties to buy

 

[Wb1234]

haha this is hillarious, I dont even think buying $20million hotels to lease back to providers is a bad thing
Sure its no billion $ stadium but its at least a start for the game to build an asset base.

Both sports have a similar net asset base after 3 or so years under pvl

funding the lions suns and gws is a costly excercise

 

[Perth Red]

Both sports have a similar net asset base after 3 or so years under pvl

funding the lions suns and gws is a costly excercise

Eh? $193.3mill v $314.2 mill. = $120.9 (2022)
pre vlandys the difference was
$122.7 v $238.8 = $116mill gap (2019)

The net asset gap has got bigger under Vlandys, not smaller!

 

[AlwaysGreen]

AFL Red investment expert.

 

[Wb1234]

Eh? $193.3mill v $314.2 mill. = $120.9 (2022)
pre vlandys the difference was
$122.7 v $238.8 = $116mill gap (2019)

The net asset gap has got bigger under Vlandys, not smaller!

Nrl 300 million in net assets

All they are doing is converting short team cash info property

 

[Perth Red]

Nrl 300 million in net assets

All they are doing is converting short team cash info property

eh? NRL didnt have $300mill in net assets in 2022

 

[MugaB]

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