WA BEARS

Dragonwest · 2024-10-08T12:05:06+1100

Quicksilver said:
That doesn't do a lot to my bottom line as an investor.

So national funding by government programs have no link to participation rates?

Why do you think AFL lie through their teeth with adding Auskick numbers?

Red&BlackBear · 2024-10-08T12:24:55+1100

Matt_CBY said:
How did the meeting go yesterday?

* $30m bid licence has been raised but it’s now pushed up to $50-$60m. Western Bears working on securing further money for it.

* PVL statements aimed at WA Government. They crowed off too early with 2027 at the Phins vs. Roosters game. Now that’s being used as leverage to get more cash out of them.

* Western Bears business model is conservative. It seemingly needs to be more risk for more reward. Conservative won’t cut it. More investment is required and the promise of further investment as documented in bid needs to be translated into guarantees.

* Clear pathway shown. All parties working on achieving said goals.

* 2027 entry could be pushed out to 2028/2029 if Western Bears cannot resolve the issues stated by PVL in a timely (quickly as possible) manner. PVL and ARLC want it to work though and are said to be big fans of this to come to fruition.

* Ball squarely in Western Bears and WA Government court now. Movement on acquiring required additional funds and investment already in progress.

That’s all I know. No genuine in depth info, wasn’t shared.

Colk · 2024-10-08T12:28:20+1100

Iamback said:
Your side has very good figures as far as assets and money are concerned. Not to mention the benefit to Regional Southern NSW of having a side so close.

No reason to kill off anyone especially IF there is a bid that ticks the boxes

The Raiders are a waste in a first grade competition and so are many sides in reality. Ideally you would make it a 10 team first grade competition if you were interested in the quality of the competition and service fans who could one day potentially see their team have success (personally I don’t even think there are even close to that many but I guess you have to have some content)

Vlad59 · 2024-10-08T12:28:39+1100

Red&BlackBear said:
* $30m bid licence has been raised but it’s now pushed up to $50-$60m. Western Bears working on securing further money for it.

* PVL statements aimed at WA Government. They crowed off too early with 2027 at the Phins vs. Roosters game. Now that’s being used as leverage to get more cash out of them.

* Western Bears business model is conservative. It seemingly needs to be more risk for more reward. Conservative won’t cut it. More investment is require and promised of further investment as documented in bid need to be translated into guarantees.

* Clear pathway shown. All parties working on achieving said goals.

* 2027 entry could be pushed out to 2028/2029 if Western Bears cannot resolve the issues stated by PVL in a timely (quickly as possible) manner. PVL and ARLC want it to work though and are said to be big fans of this to come to fruition.

* Ball squarely in Western Bears and WA Government court now. Movement on acquiring required additional funds and investment already in progress.

That’s all I know. No genuine in depth info, wasn’t shared.

Yep. This is what happens when you have a parasite for a partner.

Gobsmacked · 2024-10-08T12:30:41+1100

Red&BlackBear said:
* $30m bid licence has been raised but it’s now pushed up to $50-$60m. Western Bears working on securing further money for it.

* PVL statements aimed at WA Government. They crowed off too early with 2027 at the Phins vs. Roosters game. Now that’s being used as leverage to get more cash out of them.

* Western Bears business model is conservative. It seemingly needs to be more risk for more reward. Conservative won’t cut it. More investment is require and promised of further investment as documented in bid need to be translated into guarantees.

* Clear pathway shown. All parties working on achieving said goals.

* 2027 entry could be pushed out to 2028/2029 if Western Bears cannot resolve the issues stated by PVL in a timely (quickly as possible) manner. PVL and ARLC want it to work though and are said to be big fans of this to come to fruition.

* Ball squarely in Western Bears and WA Government court now. Movement on acquiring required additional funds and investment already in progress.

That’s all I know. No genuine in depth info, wasn’t shared.

It was really unfortunate that the WA bid wasn't given more time! PVD knows that pay day loan repayments don't fall due until the end of the month, so of course the finances fell short.. like drr !

Gobsmacked · 2024-10-08T12:32:00+1100

Vlad59 said:
Yep. This is what happens when you have a parasite for a partner.

Are we talking about the loan Shark or the Government? Serious question.

Vlad59 · 2024-10-08T12:32:46+1100

Double post

wb2027 · 2024-10-08T12:32:50+1100

Red&BlackBear said:
* $30m bid licence has been raised but it’s now pushed up to $50-$60m. Western Bears working on securing further money for it.

* PVL statements aimed at WA Government. They crowed off too early with 2027 at the Phins vs. Roosters game. Now that’s being used as leverage to get more cash out of them.

* Western Bears business model is conservative. It seemingly needs to be more risk for more reward. Conservative won’t cut it. More investment is required and the promise of further investment as documented in bid needs to be translated into guarantees.

* Clear pathway shown. All parties working on achieving said goals.

* 2027 entry could be pushed out to 2028/2029 if Western Bears cannot resolve the issues stated by PVL in a timely (quickly as possible) manner. PVL and ARLC want it to work though and are said to be big fans of this to come to fruition.

* Ball squarely in Western Bears and WA Government court now. Movement on acquiring required additional funds and investment already in progress.

That’s all I know. No genuine in depth info, wasn’t shared.

Source?

Colk · 2024-10-08T12:32:56+1100

MugaB said:
No one wants that, you delete fans automatically and also more importantly content, content is king, and even the worst run side is worth watching up against a well run storm/panthers/dolphins/bronx etc, content and not pissing in fans has been the play from abdos/pvls tenure

Well if you don’t want to kill them, relegate them. Have a promotion/relegation system if you don’t want to kill them.

There is no point for more than half the teams in the competition. You can replace them with areas that have the commercial strength etc to be competitive or win.

Red&BlackBear · 2024-10-08T12:32:57+1100

Gobsmacked said:
It was really unfortunate that the WA bid wasn't given more time! PVD knows that pay day loan repayments don't fall due until the end of the month, so of course the finances fell short.. like drr !

Couldn’t agree more. You’re right.

From what I’m told it’s the conservative nature of the business model and the promised investment (which isn’t specified guarantees) which are the main sticking points of the actual bid.

The rest is wanting more cash from WA Government.

Vlad59 · 2024-10-08T12:33:55+1100

Gobsmacked said:
Are we talking about the loan Shark or the Government? Serious question.

The Bears

Red&BlackBear · 2024-10-08T12:34:09+1100

wb2027 said:
Source?

Aloe Vera leaves, a crescent moon and some homeless guy who lives at the back of Dohertys gym called Baz.

AlwaysGreen · 2024-10-08T12:39:03+1100

If WA declares independence can they get $600 million from the Australian government for an NRL team?

wb2027 · 2024-10-08T12:42:39+1100

Vlad59 said:
The Bears

He clearly began by saying "PVL statements aimed at WA Government"

Stop trying to make ~~fetch~~ parasite happen.

Perth Red · 2024-10-08T12:43:22+1100

What a farce, only rugba league would change the conditions of a tender post submission!

Gobsmacked · 2024-10-08T12:44:12+1100

Red&BlackBear said:
Couldn’t agree more. You’re right.

From what I’m told it’s the conservative nature of the business model and the promised investment (which isn’t specified guarantees) which are the main sticking points of the actual bid.

The rest is wanting more cash from WA Government.

I've stated many times that a WA team would be a financial black hole that will require a massive investment for 20 years before it's sustainable, which I would actually be happy for the NRL to make but now the cards are on the table. The NRL no longer sees the need to haemorrhage cash for years and has asked for each bid to be self sufficient. The WA Government are so far only lip service and has put nothing substantial on the table, the Bears has the finances of a failed NRL team, then there's the cashies dude... and out of all this thrown together monstrosity..you all thought I'd be some wonderful bid?
Maybe they come through but I still believe they're many years off .

AlwaysGreen · 2024-10-08T12:44:32+1100

Angry Bear was disguised as a pot plant in the meeting.

Matt_CBY · 2024-10-08T12:50:14+1100

Perth Red said:
What a farce, only rugba league would change the conditions of a tender post submission!

I love this breakdown.

Gobsmacked · 2024-10-08T12:51:59+1100

Vlad59 said:
The Bears

It's a three way parasite gangbang.
Peter: " where are you getting your funding ?"
Bears: " from the Cashies bloke "
Cashies bloke: " I thought we were getting money from the government ? "
Government: " we offer our full support!"
Peter : " which is?"
Government: " that statement " and we are prepared to offer that statement in full!"

Mother Nature's Son · 2024-10-08T13:03:37+1100

Red&BlackBear said:
* $30m bid licence has been raised but it’s now pushed up to $50-$60m. Western Bears working on securing further money for it.

WTF, you`d be blowing up big time if you were the WA bid, almost like the NRL are tempting them to walk.

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