Like most of his stuff lol. He still hasn't grasped that the football club grant is $13million. He still thinks, despite being told, that clubs get $13mill PLUS $10mill for salary cap. If you don't even know that about the game then what hope he has a clue about anything?
The game needs around $30mil a year to expand by two teams. If a ninth game content is worth $30mill a year is the big question that the NRL seems destined never to be able to answer. Given the NRL currently gets $340mill (pre Vid) a year from TV and spends around $200mill running the NRL top tier the money was there already if the game had a bolder vision and plan.
The money that covers the salary cap comes from the ARLC!
I never said that the $10 million for the salary cap, allocated to each club by the ARLC, can be spent on anything other than player payments. But it does come out of the ARLC's budget. That means each new team will take $23 million out of the coffers, even though only $13 million can be spent on the football department.
I've always said that the $23 million needed for each club is made up of $10 million to cover the salary cap
plus the $13 million for the annual grant that is guaranteed to each club. PR obviously doesn't know his maths, just like he cannot spell for shit or comprehend anything he reads, and probably doesn't even remember John Grant guaranteeing that the annual grant will be 130% of the salary cap.
To say that each new club will only take $13 million out of the coffers is BS. I'll repeat myself.
They're only allowed to spend $13 million on the football department, but overall each club is taking $23 million out of the coffers.
I'll break it down even more so our mate can understand it.
$23 million per club x 16 clubs = $368 million.
$23 million x 2 = $46 million.
Adding two extra teams mean that $46 million will be needed to cover the salary cap and annual grant,
not $30 million like our mate from Perth reckons.
If there was all this extra money lying around, unused, then the RLPA and 16 clubs would demand an increase to the salary cap and annual grant. To think it's just sitting there collecting dust is BS. Why else would they take out a bloody loan and be so eager to get the season restarted by late May?
The NRL Club Funding Agreement Saga
In August 2015, the
Sydney Morning Herald reported that the NRL clubs want an increase in their annual NRL grant from $7.5 million a year to $12 million if the salary cap rises to $10 million a year in 2018 – or an annual payment of more than $2 million in excess of their total wages bill for players. The clubs are also expected to demand an increased say in the running of the NRL
At the same time, the clubs rejected News Limited speculation that the clubs were considering a breakaway competition, despite not having signed participation agreements beyond 2017.
Fairfax reported on November 17 that
NRL clubs want their annual grants increased to 130 per cent of the salary cap and changes to the constitution to give them a greater say in the make-up of the ARL Commission.Those are the key points in a list of demands drawn up ahead of a potentially explosive meeting on Wednesday between a delegation of club bosses and the NRL’s negotiating team, headed by ARL chairman John Grant.The clubs have devised a list of demands, which include:
- annual grants of 130 per cent of the amount for total player payments;
- a 30 per cent share of NRL profits;
- a review of the ARLC constitution;
- NRL licences for an indefinite period;
- an independent review of the NRL’s costs, and;
- a say in approving the NRL’s budget;
- Review of the ratchet clauses that link increases in the salary cap to increases in player wages;
- A vehicle to share digital rights revenue based on the model used in Major League Baseball;
- $3 million offered by the NRL but with no conditions attached.
On December 3rd, Fairfax media reported that
the governing body has agreed to provide the clubs with an extra $100 million from 2018 to 2022, while the same amount will be invested in grassroots-to-elite funding.
Clubs have also been granted their request of grants totalling 130 per cent of player payments over that period, plus $1.5 million per club from 2016 to 2022 to invest in their businesses.
http://www.footyindustry.com/?page_id=2001