Canard
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Under the agreement, the NRL can’t ask for more funding over the next 10 years, nor can it seek additional money when it ends in 2035. (The deal starts now, not from 2028 when the team enters the premiership).
According to government sources familiar with the intricacies of the deal, the licence cannot be rebranded or recycled, nor can it simply be propped up with NRL money should PNG do a deal with China and Australia pulls out.
So the 600m is already in effect, so the team is essentially unfunded in its final years, and is non-transferable and no more money can be sought.
This is a bad, bad deal.