Talk of sale stuns Brisbane Broncos

[ShaneO85]

Come on down Mr Clive Palmer, QLDer and crazy cat.

oh hell to the muther f@#kign no!!! keep fat cat clive as far away from red hill as possible.. he'd be more suited to woning the tits than us anyway...

 

[the beavers]

Maybe the new owners could stipulate permanent Friday night games.....

 

[muzby]

Aren't the broncos on the stock exchange?

 

[some11]

Aren't the broncos on the stock exchange?

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=BBL

 

[muzby]

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=BBL

Just as I thought...

So if they are a publicly listed company, how does the opening article relate? Are NL the dominant shareholder?

The only shareholder?

Cause if there are multiple shareholders, any sale won't bring massive changes any time soon...

 

[eozsmiles]

He can be a silent owner. Can you imagine him capping Suncorp crowds to 5000... The only winners would be 9 with their ratings and no one wants 9 to be a winner

Maybe channel 9 will by News Ltd's share. That would bemuse some people.

 

[eozsmiles]

Just as I thought...

So if they are a publicly listed company, how does the opening article relate? Are NL the dominant shareholder?

The only shareholder?

Cause if there are multiple shareholders, any sale won't bring massive changes any time soon...

I think I saw that they are the majority share holder and own more than half the group.

 

[muzby]

This is hardly alarming. The Broncos make a healthy profit. Anyone who buys them won't have to do much. Entirely different proposition to the Storm.

You buy the Storm if you want to own a team.

You buy the Broncos if you want to make money.

And what is out there for the discerning buyer who wishes not for neither of these two options?

Ah yes, the supermassive NRL stocktake sale even has a team to suit:

http://www.abc.net.au/news/2012-11-19/rabbitohs-confirm-crowe-selling-up/4379510

 

[Frenzy.]

Just as I thought...

So if they are a publicly listed company, how does the opening article relate? Are NL the dominant shareholder?

The only shareholder?

Cause if there are multiple shareholders, any sale won't bring massive changes any time soon...

68%

 

[Diesel]

Maybe channel 9 will by News Ltd's share. That would bemuse some people.

The way they carry on, on Brisbane TV as well the 7 day turn around schedule you'd be mistaken for thinking they were

 

[parraparraparra]

too bad all those annual profits from brisbanes sole NRL side gets taken out of the game and into the pockets of fat cats.

 

[I Bleed Maroon]

YES! Make like Enron shareholders and SELL SELL SELL you f**king scumbags.

 

[CrazyTiger]

Obviously freeing up money to buy into Cronulla!

 

[some11]

too bad all those annual profits from brisbanes sole NRL side gets taken out of the game and into the pockets of fat cats.

They should be socialists and distribute the wealth across the other 15 clubs amirite?

 

[Perth Red]

Wonder who thw Int group are who want to buy Storm? Maybe some rich russion oil tycoon sick of the EPL?

 

[pennywisealfie]

Wonder who thw Int group are who want to buy Storm? Maybe some rich russion oil tycoon sick of the EPL?

Too bad his money won't mean much here since Melbourne will have to abide by the salary cap rules.....oh wait.

 

[Cheesie-the-Pirate]

Sad news for Brisbane if true, They will have to start funding themselves

The Brisbane Broncos group does not rely on funding from News Limited to operate.

 

[Jason Simmons]

too bad all those annual profits from brisbanes sole NRL side gets taken out of the game and into the pockets of fat cats.

Yes shocking. How DARE investors expect a dividend on their investments?