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PNG's back.

W

Wb1234

Immortal
Messages
33,542
BuffaloRules said:
They don’t have a brass razoo that will appeal to advertisers .., but they will spend every cent they (don’t) have gambling on the NRL? Interesting argument ..
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They don’t have a brass razoo yet digicel turned over 700 million and had an ebit of 150 million from png

And also 2.1 million subscribers in png

lol
 
MugaB

MugaB

Coach
Messages
14,997
Perth Red said:
Fair point, if sport can save the children of png maybe it can save the children of the NT?
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Why not, although AFL has wasted a fair chunk of wealth on Suns and Giants, they could probably afford to fund this themselves regardless of the fed money, trouble is they only want this if RL is getting PNG, it will be interesting to see if it gets up...
 
titoelcolombiano

titoelcolombiano

First Grade
Messages
6,618
Wb1234 said:
www.afr.com

Telstra completes $2.4b Digicel deal

The telco contributed just $US270 million to the deal, with the government funding the rest due to security concerns.
www.afr.com www.afr.com


“Telstra has completed its takeover of Digicel Pacific on behalf of the federal government, which funded the $US1.6 billion ($2.4 billion) deal fearing it may be picked up by a Chinese state-owned entity and used for espionage.
Inherited from the Morrison government, the new Anthony Albanese-led government confirmed it had contributed $US1.33 billion to the buyout and Telstra a far more modest $US270 million. However, Telstra will get all the ordinary equity and priority dividend payments under the sweetheart deal.”

Now that’s one sweet deal by the Australian govt
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And people have a problem with us getting Government money for Shark Park or Dolphin Stadium
 
titoelcolombiano

titoelcolombiano

First Grade
Messages
6,618
Canard said:
NRL content is on it now, and by all accounts widely watched.

How much is that earning currently?
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This is a great point. It's obviously not significant otherwise we'd hear about it. I wonder if there is a way to better monitise it moving forward and if that's been a consideration in terms of the new PNG team (surely it's been discussed)
 
Perth Red

Perth Red

Post Whore
Messages
69,519
titoelcolombiano said:
This is a great point. It's obviously not significant otherwise we'd hear about it. I wonder if there is a way to better monitise it moving forward and if that's been a consideration in terms of the new PNG team (surely it's been discussed)
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The only local revenue from it is the one off sale of a digicell box for about $70 that then allows them to watch it for free.

i guess they could go to a Australian model with some games on fta and some on ptv, if there is enough money to pay for ptv subscriptions in any large amount?
 
W

Wb1234

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V’landys confirmed the ARLC has struck a $600 million deal with the Federal government for Papua New Guinea to enter the competition, most likely in 2028, pending the final imprimatur from an NRL-club committee.

“We still have to go to the clubs about PNG,” he said.

“Our negotiations with them (Federal government and PNG chiefs) have concluded.

“We are happy with the deal … all we have to do now is go to the clubs, show them the business case stacks up and then the licence will be issued in consultation with three NRL chairmen.”


That is excellent
 
W

Wb1234

Immortal
Messages
33,542
PNG win back to back pacific bowl tournaments

Face off against nz next week to see who goes into the pacific cup

Lachlan lan is going to be a great player for the png nrl team
 
Red&BlackBear

Red&BlackBear

First Grade
Messages
5,425


NRL 2025: PNG set to be tax free for players in landmark expansion deal​

NRL players who join a new expansion team in Papua New Guinea could pocket millions of tax-free dollars, after the ARL Commission struck a landmark deal with the PNG government.

The ARL Commission has struck a landmark expansion tax deal that will see the NRL’s biggest stars pocket millions in extra income by playing for a 19th team in Papua New Guinea.
 
Matt_CBY

Matt_CBY

Juniors
Messages
1,481
Red&BlackBear said:


NRL 2025: PNG set to be tax free for players in landmark expansion deal​

NRL players who join a new expansion team in Papua New Guinea could pocket millions of tax-free dollars, after the ARL Commission struck a landmark deal with the PNG government.

The ARL Commission has struck a landmark expansion tax deal that will see the NRL’s biggest stars pocket millions in extra income by playing for a 19th team in Papua New Guinea.
Click to expand...
The unprecedented tax deal follows months of high-powered negotiations with ARL Commission boss Peter V’landys.
The ‘danger money’ deal will extend to staff and officials of the proposed Papua New Guinea team, which is slated to enter the NRL in 2028.
The NRL’s No.1 player, Panthers superstar Nathan Cleary, is currently on $1.3 million-a-season at Penrith.
Under a tax-reduced PNG contract, Cleary could theoretically save $581,628 on the tax he currently pays every year in Australia.
It means a superstar player, such as Cleary or Broncos ace Reece Walsh, could pocket an extra $5 million over a 10-year period – aided by tax concessions – by playing NRL in PNG.
It is an extraordinary financial sweetener for NRL players to consider moving to the Pacific and one of the final impediments to PNG being rubber-stamped as an NRL expansion team.
Australia’s Federal government has signed off on a $600 million, 10-year funding deal – $290m of which will go directly to the PNG rugby league club.
The NRL is in the advanced stages of talks with the West Australian government with a view to the Perth Bears and Papua New Guinea being unveiled as the 18th and 19th clubs within a fortnight.
It’s uncertain if the benefit extends to PNG deals being totally tax free, but the one certainty is NRL players and employees will not be subject to the higher tax rates experienced at Australia-based clubs.
In Australia, NRL players are subjected to 37 per cent tax for salaries between $135,000 to $190,000, while most stars are taxed at 45 per cent for incomes in excess of $190,000 annually.
But the PNG tax bonanza represents a game changer in luring the NRL’s best players to ensure a competitive franchise club in the Pacific.
There are fears a new PNG team could struggle in its formative years and be a public-relations disaster, but V’landys believes the tax concessions will be a major magnet for NRL players to earn more money while driving rugby league’s Pacific growth project.
Australian coach Mal Meninga, a former high-performance director for PNG’s national team, says the tax incentives will ensure the NRL’s proposed Pacific team is successful.
“I think the tax breaks are a reasonable incentives early on,” Meninga said.
“They key is building a sustainable future for a PNG team and having tax concessions is a great way to entice Australian players to Port Moresby.
“There is no doubt in my mind a PNG team can work.
“Rugby league is the No.1 sport in PNG, so they certainly have enough passion and enough players.
“They’ve just got to get their development pathways set up correctly.
“If they get the development right, backed by top Australian players who will receive tax concessions, PNG will be the envy of the rugby league world.
“I truly really believe that and I applaud Peter V’landys for having the vision to expand to PNG.”
This year’s NRL payment ceiling for each club is a total gross amount of $12.3 million for a 30-man roster.
By offering tax-reduced deals, a PNG franchise could be at least $4 million better off – per season – compared to Australian and New Zealand teams.
While rival clubs may consider the tax relief an unfair playing field, the NRL does not control tax regulations, with New Zealand already offering Warriors players a better tax-rate compared to Australia.
During Magic Round in May, V’landys said NRL stars would jump at the chance to earn tax-free dollars in PNG.
“A lot of my staff at NSW Racing get headhunted to go to Hong Kong and there’s only one reason – because they only pay 15 per cent tax over there,” he said.
“They are able to save up a fair bit of money.
“The players won’t live there forever, and they could earn double or three times what they would have earned if they lived in Australia.
“You want people to go to PNG with the necessary skills to be able to deliver what we want to deliver (an NRL team).”
The Australian government’s funding package will duly reward the existing 17 clubs.
Of the $600m deal, $290 million will go to the PNG team over 10 years.
A further $250m will be allocated to pathway development and social-welfare programs in PNG, leaving between $50-60 million to be paid as a licence fee, which will be shared by the NRL clubs.
The NRL is at the advanced stage of expansion talks and V’landys has promised to consult the existing 17 clubs, via a three-person committee, before a definitive call is made.
This masthead revealed last week that eight expansion hopefuls had bids rejected, but V’landys remains confident the Perth Bears will join PNG in an expanded league in the march towards 20 teams by 2030.
 
W

Wb1234

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Pvl said before the benefit to tax free deals is attracting quality off field staff ie development officers, people in the football dept and also the ceo etc
 
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