PNG's back.

[Pippen94]

Firstly, crowds and members do matter. Clubs have to be somewhat self sufficient in case the macro environment changes - we just had COVID for example. If the worst happens again they have to have the funds to survive. In any case, haven’t you had a go at the Storm because they don’t make money; now you are saying that clubs don’t have to self-sufficient?

Secondly, they would want to be. They are going to tip in millions and millions of dollars for an unlimited time without any revenue base are they? At least if you expanded anywhere in Australia and New Zealand, they will have money coming in

Essentially, your point is thus: backers tipping in money for PNG = good, backers tipping in money for an area that you don’t like = very bad.

Backers doesn't need to make money. Can use profile to promote brand which can be just as valuable. Australian government can offer funds for diplomacy reasons.

 

[Colk]

Backers doesn't need to make money. Can use profile to promote brand which can be just as valuable. Australian government can offer funds for diplomacy reasons.

As I said club being bailed out or with private backers in area you like = good; club being bailed out or with private backers in area you don’t like = very bad.

 

[Pippen94]

As I said club being bailed out or with private backers in area you like = good; club being bailed out or with private backers in area you don’t like = very bad.

Australian Government = good. Unnamed backer = not so good if you look at titans etc

 

[Colk]

Australian Government = good. Unnamed backer = not so good if you look at titans etc

Haha. Sure until such time as they want to cut the foreign aid budget or they find this whole adventure too politically difficult. Because you know governments never cut foreign aid budgets or renege on funding

 

[Pippen94]

Haha. Sure until such time as they want to cut the foreign aid budget or they find this whole adventure too politically difficult. Because you know governments never cut foreign aid budgets or renege on funding

Yeah, China doesn't want presence in pacific. For that reason they'd be a lot of money to keep hunters going. All NRL want is steady backer.

 

[Perth Red]

Australian Government = good. Unnamed backer = not so good if you look at titans etc

Your literally saying that a govt that is at risk of changing every few years with different priorities and policies is a good idea to rely on for massive ongoing funding? Deary me.

 

[Colk]

Yeah, China doesn't want presence in pacific. For that reason they'd be a lot of money to keep hunters going. All NRL want is steady backer.

There are several problems with this whole idea.

1. Political situations change rapidly. China wanting a presence in the Pacific is only a recent phenomenon brought upon by the greater influence of a hardliner like Xi. What happens when he dies or if he were usurped? China became a lot more moderate under the direction of Deng Xiopang in the 80’s after Mao’s death.

Also, China’s economy might start going on the wane - they have been going on an unprecedented surge of growth in the last 30 odd years. What happens when it stagnates or even goes through a recession? Essentially we don’t know.

2. This whole thing becomes a political football and essentially a perfect collusion between private and public interests. What’s to stop an incoming government from putting the kybosh on this? Other codes could then ask the government to bail them out in certain situations or bankroll a side - you have started the trend now. Maybe the A-League or the AFL might want a side in the Pacific? Maybe Rugby Union might ask the Australian government to bankroll the Moana Pasifika side? How would they reject those propositions if they are already backing a PNG side. Also, do you think constituents will like the government bankrolling a team in a sport they might not like - bankrolling stadiums is one thing; bankrolling a side for a undefined timeframe is another

3. A more logical option would be to use that money to help modernise their county and improve their society - better hospitals, better schools, better infrastructure, better job opportunities etc. Giving them a football team doesn’t improve their social problems.

4 Even if you were to grant them a side how do you overcome several logistical issues. You think convincing players to move to Canberra, Townsville or NZ is hard enough, try getting them to PNG. How are they keeping the talent they produce? Again nobody is paying to go watch them play or buy memberships. Getting a team to travel every week is a disadvantage no? Notwithstanding the great cost in doing that.

 

[Pippen94]

Your literally saying that a govt that is at risk of changing every few years with different priorities and policies is a good idea to rely on for massive ongoing funding? Deary me.

Is China going anywhere?!

 

[Perth Red]

Is China going anywhere?!

Didn’t the last govt just get slated for not spending on the region? It’s clearly not a priority area for everyone, at least yet. Like said foreign aid has waxed and waned depending on the govt of the day. What you are proposing would require cross partisan support to throw money at an nrl club for ever and a day.
nrl is a very conservative organisation when it comes to risk of expansion. There’s cat in hells chance png is going to be club 18. Shame because it would be amazing if you could get it to work. If nrl was afl and willing to throw $30mill a year for decades and give them tonnes of concessions to make them work then it’d be a goer!

 

[Pippen94]

Didn’t the last govt just get slated for not spending on the region? It’s clearly not a priority area for everyone, at least yet. Like said foreign aid has waxed and waned depending on the govt of the day. What you are proposing would require cross partisan support to throw money at an nrl club for ever and a day.
nrl is a very conservative organisation when it comes to risk of expansion. There’s cat in hells chance png is going to be club 18. Shame because it would be amazing if you could get it to work. If nrl was afl and willing to throw $30mill a year for decades and give them tonnes of concessions to make them work then it’d be a goer!

Until China started visiting these areas recently & signing agreements.

 

[Perth Red]

Until China started visiting these areas recently & signing agreements.

Recently? 2015 Australia granted China a 100 year lease on darwin port.
2017 China granted lease of airport in Merredin.

yeh australia is really concerned About Chinese presence lol

 

[Lake palmer]

You're so phased locked. You think in only crowds & members. None of that matters. Expansions need wealthy backer & PNG may have the most wealthy

Who are the wealthy backers willing to pour millions of dollars with no return for the png bid?

 

[Lake palmer]

Backers doesn't need to make money. Can use profile to promote brand which can be just as valuable. Australian government can offer funds for diplomacy reasons.

Are these “backers“ multinational corporations?

 

[Perth Red]

Who are the wealthy backers willing to pour millions of dollars with no return for the png bid?

Maybe the png govt can cover it, oh hang on!

Going forward, PNG faces many challenges on the fiscal policy front. It has again budgeted a massive deficit for 2021: 7% of GDP or K6.6 billion, not much below the K7.3 billion it borrowed in 2020. Will the government again be able to tap its rich neighbours and friendly multilateral institutions to lend to it?

PNG just ran its highest budget deficit ever – but that’s a good thing - Devpolicy Blog from the Development Policy Centre

PNG's budget deficit in 2020 was its highest ever. Rohan Fox and Stephen Howes argue that it was justified, but budget issues remain a challenge.

devpolicy.org

Reality is clubs make their $15million to add to the nrl grant from
fans - membership, merchandise and gate takings
corporate box sales
sponsorship

now if a png is based in australia you’ve got much higher running costs than a normal club laying for accomodation, training facilities etc for the team and their families.

so where’s the money coming from? not from the fans who earn a pittance in comparison, is there enough businesses to cover $6-8mill a year in sponsorship and box sales? Realistically they’ll probably need an extra $10mill plus on top of the nrl grant to come from somewhere.

 

[Get Rid of The Donkeys]

Recently? 2015 Australia granted China a 100 year lease on darwin port.
2017 China granted lease of airport in Merredin.

yeh australia is really concerned About Chinese presence lol

China owns a port in Western Australia as well.

Controversy over ownership of Merredin airport

Merredin’s multimillion dollar airfield has become an “important part of the town” but not everyone is happy it's owned by a state-run Chinese company.

thewest.com.au

Beijing bets big on WA port and rail project, but Oakajee deal ignites leverage concerns

The acquisition, which would have been approved by the Foreign Investment Review Board, was announced in October and means the long-stalled project to establish a new iron ore export centre could be revived.

www.watoday.com.au

 

[Pippen94]

Recently? 2015 Australia granted China a 100 year lease on darwin port.
2017 China granted lease of airport in Merredin.

yeh australia is really concerned About Chinese presence lol

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

 

[Pippen94]

Who are the wealthy backers willing to pour millions of dollars with no return for the png bid?

Industry that wants business in PNG. Australian & other governments to counter China's influence..or just be like Manly with backer who gives ton of money with no return because a fan. More likely strategically there will be benefit for backers

 

[Pippen94]

Maybe the png govt can cover it, oh hang on!

Going forward, PNG faces many challenges on the fiscal policy front. It has again budgeted a massive deficit for 2021: 7% of GDP or K6.6 billion, not much below the K7.3 billion it borrowed in 2020. Will the government again be able to tap its rich neighbours and friendly multilateral institutions to lend to it?

PNG just ran its highest budget deficit ever – but that’s a good thing - Devpolicy Blog from the Development Policy Centre

PNG's budget deficit in 2020 was its highest ever. Rohan Fox and Stephen Howes argue that it was justified, but budget issues remain a challenge.

devpolicy.org

Reality is clubs make their $15million to add to the nrl grant from
fans - membership, merchandise and gate takings
corporate box sales
sponsorship

now if a png is based in australia you’ve got much higher running costs than a normal club laying for accomodation, training facilities etc for the team and their families.

so where’s the money coming from? not from the fans who earn a pittance in comparison, is there enough businesses to cover $6-8mill a year in sponsorship and box sales? Realistically they’ll probably need an extra $10mill plus on top of the nrl grant to come from somewhere.

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.

 

[Lake palmer]

Industry that wants business in PNG. Australian & other governments to counter China's influence..or just be like Manly with backer who gives ton of money with no return because a fan. More likely strategically there will be benefit for backers

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?

 

[Colk]

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.

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