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PNG's back.

Canard

Immortal
Messages
35,791
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.
 

Bukowski

Bench
Messages
2,770
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.
PVL will long gone my then. Probably the others who allowed this to happen too.
Plus, if the ten year deal starts this year then it ends in 2034, they'll be funded for just the first 7 years of they existence.
 

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