And yet the nrl spent more on admin last year than at anytime in the games history. When Smith left there was $80mill in the rainy day account. Greenberg has chewed through it, ran at a loss and still needed a loan to deal with “cash flow”. I guess one was a banker and one is a wan.....
More people involved now including the digital set up staff and including extra DOs,compared to consultants who did zot.And the bush remain neglected .You go figure
Smith would have had to eat into that $80m to save the Titans and Knights,pay for digital $150m(which would have impacted cash held) over the next few years.More than likely being a non rl man, he would have said stuff it, the Knights and Titans can wither,I want the $80m.
How long has Smith been gone, remembering all the payments for the consultants who got sacked after he left.Remembering the monies Integrity dept involved in the Eel's debacle, the Eagles salary cap investigations.The money to cover the Internationals series at Campbelltown,which BTW ran at a loss, despite the crowd.
It's not a flipping tuck shop operation.
Anyone can say, look I've got all this money in the bank, and ignore future essential payments.That;s exactly how the ARU operated after the 2003RWC :$48m.
Or one could say, one is a rogue player who will get caught out financially just as the banks did in 2008 ,and another is a conservative who doesn't want to see the code do a Pulver.Of course you don't give a stuff as long as you get a side and stuff the other clubs.It's all about you apparently.
IOW one a Banker who wouldn't know a Cameron Smith from a Todd Carney,againt one who would and know the problems that exist.
You've been reading too much Slothfield.We'd still be paying for non effective high paying consultants and the bush would be cactus.
It's obvious like Kent and Slothfield (the great economists of our time),you have little idea about how business and cash flow works, and the occasions where cash is tight until the next debtors pay up.TV companies don't pay all the annual TV deal up front sports.
That's why companies have loan facilities at times.