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Peter V'landys - New NRL/ARLC Chairman

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15,502
I found a picture of PR -

giphy.gif
 

Wb1234

Immortal
Messages
34,569
NRL 350m planned property assets (50m so far) Bad

AFL 300m property assets (Marval) Good.

Perth red shut up you clown.
And vlandys will have accumulated that asset base in five years whilst also having a record salary cap and clubs getting five million dollars over the cap

the games finances are bulletproof
 

BlueandGold

Juniors
Messages
1,204
Planned isn't really anything though is it.

I plan on being rich one day.

Plan, the NRL has 200m sitting in the Bank waiting for good investments.

NRL investments 2 (Quest Hotel, Gambaro Hotel) (50m)
AFL investments 1 (Marval) (250m)

So yeah its not a quick thing to find good investments.

Especially now in the current economic climate.
 

Iamback

Referee
Messages
20,632
Plan, the NRL has 200m sitting in the Bank waiting for good investments.

NRL investments 2 (Quest Hotel, Gambaro Hotel) (50m)
AFL investments 1 (Marval) (250m)

So yeah its not a quick thing to find good investments.

Especially now in the current economic climate.

Correct, No point buying assets that cost money
 

Canard

Immortal
Messages
35,627
This was the reporters quoted words:

“There is so much happening behind the scenes and my mail is it’s simply a one-horse race,” NRL journalist Michelle Bishop told SEN on Thursday.

“PNG, in 2025, will become the 18th franchise.”

“I’m happy to put it out there, I don’t think it’s (the PNG expansion team) too far off being announced or made official.”

Seems like an opinion piece from someone who hasn't got any history of breaking news stories as big as this.

The 2025 comment in particular, makes it seem like this reporter is smoking crack.
 

Iamback

Referee
Messages
20,632
This was the reporters quoted words:





Seems like an opinion piece from someone who hasn't got any history of breaking news stories as big as this.

The 2025 comment in particular, makes it seem like this reporter is smoking crack.

You do realise she is the chief League reporter for ch7?

So it isn't like it is some un named rumour monger
 

The_Wookie

Bench
Messages
3,376
Plan, the NRL has 200m sitting in the Bank waiting for good investments.

NRL investments 2 (Quest Hotel, Gambaro Hotel) (50m)
AFL investments 1 (Marval) (250m)

So yeah its not a quick thing to find good investments.

Especially now in the current economic climate.

The AFL also owns 49% of Champion Data and AFL House (separate to Docklands)
And 174m in cash (separate to Government money for Marvel)

The ARLC is heading rapidly in the right direction though. Say what you like about Vlandys, the League is in a much better position now than it was prior to his arrival.


On what measure is Racing NSW bigger?

Last year Racing Victoria turned over 389m in wagering revenue alone - 253m at race courses alone. The total revenue of Racing NSW was 378m - Racing Vitoria 572m
Racing Victoria profit was 13.958m for 2022, Racing NSW profit 11.435m

Racing NSW had a total equity of 88m in 2022. Racing Victoria had a total equity of 197m in 2022.
NSW has a lot more assets but a lot more in liabilities.

Still Everest not being a Gr1 is something of a joke.


 
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Iamback

Referee
Messages
20,632
The AFL also owns 49% of Champion Data and AFL House (separate to Docklands)
And 174m in cash (separate to Government money for Marvel)

The ARLC is heading rapidly in the right direction though. Say what you like about Vlandys, the League is in a much better position now than it was prior to his arrival.

Which is what you want from a leader of business/sporting body.

Whether Vegas, expansion and the property are great investments time will tell
 

Wb1234

Immortal
Messages
34,569
When vlandys leaves the game we will have at least 20 teams maybe 24

we will have 500 million in assets. And will turn over 1 billion

and will be the dominant football code in the South Pacific

league will be untouchable
 

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