North Sydney Bears Takeover Bid

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North Sydney Bears Takeover Bid

Post by leeroy*NRL* »

THE BEARS ( COULD THEY BE BACK )

*GOLD COAST BEARS

9 games at GOLDIE
2 at GOSFORD
1 at North Sydney
Change of colours
Bears in the title (therefore forgoing the Titans Brand)

Strong Leagues club presence (rich brand) History) Plenty of $$$

IS IT A PLUS FOR THE GAME IF BEARS ARE BACK ??


http://www.dailytelegraph.com.au/sport/ ... bc4ee0dc36
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Re: North Sydney Bears Takeover Bid

Post by docker24 »

Silly imo, as the titans don't have a big enough following already there. More support should be thrown behind the titans as low membership, low crowds, very little profit, not stringing wins together over the years, and they want to add another team?

Another Brisbane team or central coast team is the next best option for another team.
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Re: North Sydney Bears Takeover Bid

Post by Terry »

I think you misunderstand Docker. It's not a new team - it's the Bears taking over the Titans and rebranding them. At this stage I would say it at least needs some exploration and due diligence done. They would have two powerful Leagues clubs behind them and a Sydney based supporters group.

The key is how the people of the Gold Coast would take to a rebranding. If they were onside I could see it as being a win win for the NRL.
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Re: North Sydney Bears Takeover Bid

Post by pussycat »

leeroy*NRL* wrote: Tue Mar 14, 2017 10:07 am
THE BEARS ( COULD THEY BE BACK )

*GOLD COAST BEARS

9 games at GOLDIE
2 at GOSFORD
1 at North Sydney
Change of colours
Bears in the title (therefore forgoing the Titans Brand)

Strong Leagues club presence (rich brand) History) Plenty of $$$

IS IT A PLUS FOR THE GAME IF BEARS ARE BACK ??


http://www.dailytelegraph.com.au/sport/ ... bc4ee0dc36


Any chance you could print out the article Leeroy? I don't have access to the Telegraph site.
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Re: North Sydney Bears Takeover Bid

Post by leeroy*NRL* »

pussycat wrote: Tue Mar 14, 2017 11:37 am
leeroy*NRL* wrote: Tue Mar 14, 2017 10:07 am
THE BEARS ( COULD THEY BE BACK )

*GOLD COAST BEARS

9 games at GOLDIE
2 at GOSFORD
1 at North Sydney
Change of colours
Bears in the title (therefore forgoing the Titans Brand)

Strong Leagues club presence (rich brand) History) Plenty of $$$

IS IT A PLUS FOR THE GAME IF BEARS ARE BACK ??


http://www.dailytelegraph.com.au/sport/ ... bc4ee0dc36


Any chance you could print out the article Leeroy? I don't have access to the Telegraph site.
THE North Sydney Bears are preparing an audacious $7 million bid to take over the Gold Coast Titans and rejoin the NRL.
The Daily Telegraph can reveal Bears officials — led by general manager and former Test star Greg Florimo — have opened top-secret dialogue with the NRL about acquiring the financially-struggling Titans.
Part of the deal would include Gold Coast undergoing yet another identity change by wearing Norths’ traditional red and black colours and being called the Gold Coast Bears.

Will the Gold Coast Titans become the Bears?
Norths officials have already “sounded out” the NRL, who own the Titans’ licence after the club went into voluntary administration in February 2015.
The NRL is keen to offload the Gold Coast and is exploring all financial models.
Bears officials have been closely — and quietly — monitoring the Titans’ financial plight in recent years. The main question though is whether $7 million would be enough to secure the Titans.
It is understood the proposed buyout would include the new club playing three games a year in NSW, with two of those likely to be at the Bears’ latest home, Gosford, and the other at the club’s spiritual home, North Sydney Oval, as part of an NRL retro round.

The remainder of the home games would be played at the Cbus Super Stadium on the Gold Coast.
“There is interest from Norths,” one source, who declined to be named, said.
“I think they are just waiting for the NRL to say they’re ready for the sale process to start. Norths are waiting for the green flag to be dropped so they could get their bid under way.”
No official application from the Bears has been lodged with the NRL.
After last playing in the NRL in 1999 before three years as part of the failed Northern Eagles joint venture with Manly, Bears officials fear the club will never gain stand-alone status again in a national competition.


The Gold Coast hasn’t been the most successful city for rugby league clubs.

Negotiations have ramped up recently and are ongoing. No decision though is imminent.
One well-placed source claimed talks were at a “delicate” stage but an NRL spokesman said despite owning the Titans for two years, the club wasn’t actually on the market.
“The NRL has always said it is not a long-term owner of the Titans,” the spokesman said. “However, at this stage, we have not put the club on the market so we have not even considered any options yet.”
Some NRL officials are concerned about another possible change of brand for the Gold Coast who, since their inception in 1988 have been known as the Giants, Seagulls, Gladiators, Chargers and now the Titans.
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“I’m not sure the NRL has an appetite for another name change for Gold Coast,” a source said.
The profitable North Sydney Leagues Club already operates Seagulls Club in Tweed Heads.
The Daily Telegraph contacted Florimo but he preferred not to comment.
Gold Coast chief executive Graham Annesley would also not speak about the Bears’ approach.
“As an employee of the club any comment on the sale process can only come from the current owners, the NRL,” Annesley said.
The Bears currently play in the NSW Cup as South Sydney’s feeder club.
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Re: North Sydney Bears Takeover Bid

Post by leeroy*NRL* »

Terry wrote: Tue Mar 14, 2017 11:21 am
I think you misunderstand Docker. It's not a new team - it's the Bears taking over the Titans and rebranding them. At this stage I would say it at least needs some exploration and due diligence done. They would have two powerful Leagues clubs behind them and a Sydney based supporters group.

The key is how the people of the Gold Coast would take to a rebranding. If they were onside I could see it as being a win win for the NRL.
Agreed its a Great idea with so many advantages..

But as you state.. if the QOLD COAST PUBLIC cling to the idea. all is great..
if not it could be a disaster..

for me I would love to see the BEARS back even if this is there way in
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Re: North Sydney Bears Takeover Bid

Post by docker24 »

Terry wrote: Tue Mar 14, 2017 11:21 am
I think you misunderstand Docker. It's not a new team - it's the Bears taking over the Titans and rebranding them. At this stage I would say it at least needs some exploration and due diligence done. They would have two powerful Leagues clubs behind them and a Sydney based supporters group.

The key is how the people of the Gold Coast would take to a rebranding. If they were onside I could see it as being a win win for the NRL.
My mistake, didn't fully see title of thread only saw OP's message.

Still don't think its a good idea.
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Re: North Sydney Bears Takeover Bid

Post by leeroy*NRL* »

things have went pear shaped pretty quickly... (hard to see this taking off now)

NRL pour cold water on North Sydney Bear’s bid to buy Gold Coast Titans
The Bears are one potential buyer, while former owner Darryl Kelly, now a Titans director, is prepared to reinvest as part of a posse of Gold Coast-based businessmen.

The NRL is prepared to explore Norths’ offer but reiterated their commitment to the code on the Gold Coast.
“We will consider any bid put forward but we have always said our preference is to have a club based at and playing out of the Gold Coast,” an NRL spokesman said.
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Re: North Sydney Bears Takeover Bid

Post by Swans4ever »

Supported the Bears growing up, dont know if the right idea (a bit like back to the future). If it backfires it will cost maybe two clubs. Why not Bears become 2nd Brisbane club? I like the idea of Nth Syd game and 2 central coast games.
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Re: North Sydney Bears Takeover Bid

Post by pussycat »

thanks for that leeroy.
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Re: North Sydney Bears Takeover Bid

Post by AFLcrap1 »

Never happen
There's a consortium of very wealth businessmen who have been waiting for years to buy the Titans .
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Re: North Sydney Bears Takeover Bid

Post by Fred »

Is that still in the pipeline as you'd have thought they would have stepped in by now?
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Re: North Sydney Bears Takeover Bid

Post by Terry »

Fred wrote: Wed Mar 15, 2017 4:24 pm
Is that still in the pipeline as you'd have thought they would have stepped in by now?
Waffling Fred - no one has stepped in yet because the club has not been put up for sale by the NRL as yet. This is well known.
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Re: North Sydney Bears Takeover Bid

Post by AFLcrap1 »

This is why News ltd articles are laughed at
A whole article based on nothing





“There is interest from Norths,” one source, who declined to be named, said.

And

“However, at this stage, we have not put the club on the market so we have not even considered any options yet.”


And

The Daily Telegraph contacted Florimo but he preferred not to comment.


What a load of Dt bullshit
No sources
No actual comments
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Re: North Sydney Bears Takeover Bid

Post by NRL&NFLweLaughATafl »

I am undecided with this. While I would love to see the bears back. I am not sure how Titans fans will feel about having their team taken from them.

The funny thing is businessesman John Singelton owner of Macquarie Radio (2GB) was said to be prepared to fully fund a Central Coast Bears incarnation. Yet still the NRL decided no.

Is still the best option. They would have the entire North Shore and Central Coast as a supporter base.
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