WA BEARS

[BuffaloRules]

Has the “bank guarantee “ thing been raised outside this forum ?

Lot of energy going into debating this if it’s just a LU thought bubble

 

[MugaB]

Has the “bank guarantee “ thing been raised outside this forum ?

Lot of energy going into debating this if it’s just a LU thought bubble

Yeah that's right seems like someone made this up, and now the talking heads are debating it

 

[Wb1234]

Has the “bank guarantee “ thing been raised outside this forum ?

Lot of energy going into debating this if it’s just a LU thought bubble

Pretty much

Tinkler had to put one up when he took over the knights which got called up and the dolphins had to put one up too

What pvl is asking for is effectively a bribe to clubs not security if the club doesn’t pay its debts

 

[Centy Coast]

So is this bid officially dead or is PVL just playing hardball for more $$$?

WA will get a NRL side, the Bears will return, I doubt it will be with Peter Cumins and his consortium though but you never know ?.

 

[AlwaysGreen]

WA will get a NRL side, the Bears will return, I doubt it will be with Peter Cumins and his consortium though but you never know ?.

Not only that but they will be team 18.

V'landys and Co know that PNG aren't quite ready.

 

[Matt_CBY]

WA will get a NRL side, the Bears will return, I doubt it will be with Peter Cumins and his consortium though but you never know ?.

Dying for an actual update.

 

[blue bags]

We were told the bid “was in the bin” , but maybe the bin hasn’t been emptied into the garbage truck just yet

You know Bears scavengers for scrapes from rubbish bin's

 

[Canard]

My take, and just an opinion because I really don't know, is that the licence fee and security payment in case of a bad run for the club are the same thing.

It really doesn't matter if the NRL hands it to clubs as a membership fee, sticks it in the bank or buys a hotel with it, because the game as a whole is on the hook for bailing out a new club if they go broke.

This is why a new entity like Perth has to pay and a rich, existing club like the Dolphins didn't, because they clearly demonstrated that if things go badly, they had their own significant cash reserves and asset base to fall back on.

This would be the most anti-Expansionist position for any sporting organisation to take.

And is actively hurting those that need the cash flow the most.

 

[Perth Red]

I cant believe people are still naive enough to think this is about a security bond rather than to be used as a club bribe lol

 

[BuffaloRules]

I cant believe people are still naive enough to think this is about a security bond rather than to be used as a club bribe lol

Ok.. bribe …lol

 

[MugaB]

I cant believe people are still naive enough to think this is about a security bond rather than to be used as a club bribe lol

It's not a bribe, it's a right of passage, the NRL is the clubs, they've created the competition ya'll want so badly to join, you need to pay them whatever they want, then you can share in that revenue

 

[Perth Red]

It's not a bribe, it's a right of passage, the NRL is the clubs, they've created the competition ya'll want so badly to join, you need to pay them whatever they want, then you can share in that revenue

Which I actually have no problem with, as long as its consistent, mandatory and applies to everyone. In which case they should have decided it in August and set it out and how much it is in the bid criteria, not made it an issue in October! That woudl have given the bids the opportunity to decide if they think it was worth bidding or not.

 

[MugaB]

Which I actually have no problem with, as long as its consistent, mandatory and applies to everyone. In which case they should have decided it in August and set it out and how much it is in the bid criteria, not made it an issue in October! That woudl have given the bids the opportunity to decide if they think it was worth bidding or not.

Mate they flat out asked how much are willing to bid
Cumins answer was



I'd be disgusted too if I was the NRL

 

[Perth Red]

Mate they flat out asked how much are willing to bid
Cumins answer was

View attachment 95465

I'd be disgusted too if I was the NRL

if you expect $20mill you dont ask if someone wants to pay you 'something'. Its ludicrous.

 

[Maximus]

Has the “bank guarantee “ thing been raised outside this forum ?

Lot of energy going into debating this if it’s just a LU thought bubble

It came up because people are claiming the licence fee is to support the team if it can't pay its bills, so people pointed out a licence fee paid to the other teams wouldn't achieve that, a bank guarantee would.

 

[Matt_CBY]

I cant believe people are still naive enough to think this is about a security bond rather than to be used as a club bribe lol

Well seeming your source is always wrong…

 

[Canard]

It came up because people are claiming the licence fee is to support the team if it can't pay its bills, so people pointed out a licence fee paid to the other teams wouldn't achieve that, a bank guarantee would.

The Dolphins had to provide a BG