PNG's back.

[Pippen94]

Wouldn’t it be easier and cheaper for multinational corporations who want to do business in PNG to just bride the PNG government rather than pouring money into a bottomless PNG NRL franchise pit?

Probably

 

[Pippen94]

One is a rich state in a rich developed country; the other is a third world country with a whole swath of social problems.

Is Perth a risk? Sure. But stop suggesting an investment risk in a developed country is the same as one in a third world country

Which one is more likely to get long-term financial backing?!

 

[Colk]

Which one is more likely to get long-term financial backing?!

You mean which one will need it?

I have already discussed the problems of a government underwriting a professional sporting team. In any case, considering rapidly changing domestic and international political climates, you can’t bank on a government backing this for 30, 40 or 50 years or however long is needed.

Private investors/backers? Why would a private investor/backer continue to fund something over the long term (essentially a lifetime) with no possible ROI. Again, it is not impossible but it is also not likely

If you can somehow ensure that happening, or the NRL is happy to fund this if it all goes pear shaped and investors bail out, then fine go for it.

In any case, don’t suggest that this is less of a risk or the same risk as other options on the table. Equating the costs and risks of establishing a side in a third world country to that of one in a first world country is incredulous.

 

[Perth Red]

Just be honest in one of ur posts. That's not what I'm talking about & you know it. Lying to discredit bids which are not Perth. Like always talking about 20k crowd but ignoring last stand alone game got 6k

no one knows what you’re talking about lol

 

[Perth Red]

Which clubs are making 15 million every year?? Ur overstating numbers. For Perth to survive will need rich backer to keep pumping money in. What's difference?! Nothing.

Most of them. clubs operate on a $25-30mill budget with up till recently $13mill coming from the nrl. Broncos operate on around $50mill budget. Souths and Storm around $35mill etc etc

difference is perth people can afford $300 memberships, $50 tickets and $150 jerseys And is full of businesses that can afford $20k corporate boxes. Port Moresby isn’t.

 

[jim_57]

PNG mining companies will throw millions year after year at a PNG NRL team for next to no return, just because, it’s a basic fact.

 

[Pippen94]

Most of them. clubs operate on a $25-30mill budget with up till recently $13mill coming from the nrl. Broncos operate on around $50mill budget. Souths and Storm around $35mill etc etc

difference is perth people can afford $300 memberships, $50 tickets and $150 jerseys And is full of businesses that can afford $20k corporate boxes. Port Moresby isn’t.

All this & western reds died. Didn't move enough jerseys

 

[Pippen94]

PNG mining companies will throw millions year after year at a PNG NRL team for next to no return, just because, it’s a basic fact.

Unnamed Perth businessmen will throw millions & millions at Perth reds just because..

 

[jim_57]

Unnamed Perth businessmen will throw millions & millions at Perth reds just because..

Well that’s the standard for you and your mythical PNG backers..

 

[Pippen94]

Well that’s the standard for you and your mythical PNG backers..

Same scenario. Same criticism of PNG can be directed at Perth.

 

[jim_57]

Same scenario. Same criticism of PNG can be directed at Perth.

So you admit you were just assuming PNG mining companies will throw cash in to a bottomless pit because they are based in PNG?

 

[Pippen94]

So you admit you were just assuming PNG mining companies will throw cash in to a bottomless pit because they are based in PNG?

There's a mining magnet propping up an entire rugby code in Perth..

 

[Colk]

There's a mining magnet propping up an entire rugby code in Perth..

Yeah and Andrew Forrest would be getting some of that money back through ticket sales, membership and corporates.

That’s the difference between investing in a team based in a developed country as opposed to one in a third world country.

 

[Pippen94]

Yeah and Andrew Forrest would be getting some of that money back through ticket sales, membership and corporates.

That’s the difference between investing in a team based in a developed country as opposed to one in a third world country.

Very little money back. He created new league with pacific teams!!

 

[Colk]

Very little money back. He created new league with pacific teams!!

Still more than what you would have with a PNG NRL side. Read the below link about the PNG society as you might learn something:

BTI 2024 Papua New Guinea Country Report

“The aftermath of the deeply flawed 2022 national election casts a shadow over Papua New Guinea.”

bti-project.org

You are essentially arguing to put a side in a country that has widespread poverty (over 56% multidimensional poverty) with also over 80% essentially living totally off the land or what is termed subsistence farming, a largely decentralised and rural population (majority of people living in rural communities - i.e limited corporate structure), history of poor corporate governance, ongoing civil and rural conflicts, political corruption and ineffective rule of law.

The argument for this side seems to be that they like Rugby League and that somebody else will pay for it all.

Wouldn’t it be better for PNG to have a stable economy and a functioning society before you would even consider putting a team there?

 

[Colk]

Most of them. clubs operate on a $25-30mill budget with up till recently $13mill coming from the nrl. Broncos operate on around $50mill budget. Souths and Storm around $35mill etc etc

difference is perth people can afford $300 memberships, $50 tickets and $150 jerseys And is full of businesses that can afford $20k corporate boxes. Port Moresby isn’t.

Exactly right.

If you wanted to make a reasonable argument against a Perth side, you could argue that there isn’t enough talent or there isn’t the junior base. Even an argument about not having enough supporters - notwithstanding the fact that NRL attendances aren’t particularly high in any case so it’s not a high mark to be acceptable - would make a whole lot more sense then suggesting that Perth doesn’t have the money or the corporate support to survive.

To then somehow compare the wealthiest part of Australia to a third world country is another whole level of incredulity.

 

[MugaB]

Still more than what you would have with a PNG NRL side. Read the below link about the PNG society as you might learn something:

BTI 2024 Papua New Guinea Country Report

“The aftermath of the deeply flawed 2022 national election casts a shadow over Papua New Guinea.”

bti-project.org

You are essentially arguing to put a side in a country that has widespread poverty (over 56% multidimensional poverty) with also over 80% essentially living totally off the land or what is termed subsistence farming, a largely decentralised and rural population (majority of people living in rural communities - i.e limited corporate structure), history of poor corporate governance, ongoing civil and rural conflicts, political corruption and ineffective rule of law.

The argument for this side seems to be that they like Rugby League and that somebody else will pay for it all.

Wouldn’t it be better for PNG to have a stable economy and a functioning society before you would even consider putting a team there?

For who? Better for who?

 

[Colk]

For who? Better for who?

For their people. I don’t know about you but I’d prefer not to live below the poverty line

 

[gallagher]

There's a mining magnet propping up an entire rugby code in Perth..

Where that's? In Perth? Right, so it can happen here. Who's the national sporting club in png getting propped up and who's the magnate doing the propping?

 

[Perth Red]

All this & western reds died. Didn't move enough jerseys

Troll done good