In 2021 the North Sydney Leagues Club made $32million in sales and has 325 employees.So what return would the WA Gov`t get on their ~ $150m investment.
* $15m annual NRL grant spent in WA every year. That`s a bloody good annual ROI just for starters, the multiplier effect would also mean that`s the equivalent of a $40m+ annual economic injection;
* All the associated employment associated with a ~$30m professional sporting organisation;
* More likely to be able to hold Indigenous, Magic, SOO and other high profile matches on a more regular basis, this would be another big injection into the local economy;
* more TV exposure for WA through television i.e tourism.
Sounds to me like a winner.
Do you honestly think WA would get behind a League team enough to make it sustainable ? Is the `Bears` name a problem ? what relevance does a grizzly bear have to a WA sporting team ?
Having said that success could paper over a lot of these problems.