themanonthehill
Bench
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Owning a ground smeg as you know, strengthens a balance sheet but does f**k all for an entity's profitability (unless of course there were getting a stack of revenue from non club activities like rock concerts etc - which they ain't).
Cronulla are however building some flats near the swamp (should be aromatic round low tide) to generate cash flow. It's a bit like selling qantas or telstra to balance the budget. You can't keep selling the silver to pay for the groceries. One would guess cronulla are one of the clubs under pressure long term
Cronulla are however building some flats near the swamp (should be aromatic round low tide) to generate cash flow. It's a bit like selling qantas or telstra to balance the budget. You can't keep selling the silver to pay for the groceries. One would guess cronulla are one of the clubs under pressure long term