Now 15 of the 16 NRL Clubs are BROKE

[Beaussie]

Oh dear a code on it's knees with virtually every club BROKE. What a farce.

Wests Tigers director David Trodden, the spokesman for the clubs, said: ''The clubs were of the belief that there was a funding facility in place to allow that to happen, but there is a bit of doubt about that now.

''What I do know is that having 15 of 16 [clubs] losing money is not sustainable in the long term. The days of leagues clubs putting their hands in their pockets have gone. They are not going, they are gone.''

Read more: http://www.smh.com.au/rugby-league/leag ... z1bvJXC0Kd

[Raiderdave]

Oh dear a code on it's knees with virtually every club BROKE. What a farce.

Wests Tigers director David Trodden, the spokesman for the clubs, said: ''The clubs were of the belief that there was a funding facility in place to allow that to happen, but there is a bit of doubt about that now.

''What I do know is that having 15 of 16 [clubs] losing money is not sustainable in the long term. The days of leagues clubs putting their hands in their pockets have gone. They are not going, they are gone.''

Read more: http://www.smh.com.au/rugby-league/leag ... z1bvJXC0Kd

losing a bit of coin .... but not nearly the amounts flogball clubs are
like I said

AFL clubs dream of losing the amounts .. NRL clubs lose
& their sugar daddy's the AFL won't be able to help them out in the near future either

they'll be busy pouring tens of millions every year into the financial black holes that are the Suns ... & soon to be GWS
if you think the AFL spend a fair bit on unprofitable clubs like North Melb, Richmond ... Melbourne .. Port Adelaide the Swans & Lions
just to keep them afloat
you are going to be gob smacked at the amounts they will have to spend on these 2 newest clubs .... gob smacked

Flogball .. spiralling out of control

[Beaussie]

A bit of coin eh? OMG

Hello.... 15 of your 16 clubs are broke and demanding an advance on tv money that hasn't even been negotiated yet. Broke I tell ya.

[Raiderdave]

A bit of coin eh? OMG

Hello.... 15 of your 16 clubs are broke and demanding an advance on tv money that hasn't even been negotiated yet. Broke I tell ya.

a few hundred K each ..... chump change
not broke at all ... all have liquidity .. including the Sharks

as for demading money , they're just posturing to make sure their new contract with the NRL ... which they haven't signed yet , has the appropriate level of funding for the clubs
nothing more then this

meanwhile .... AFL clubs are leaking money like the USS Lead weight .. which is at the bottom of the sea

[Beaussie]

A bit of coin eh? OMG

Hello.... 15 of your 16 clubs are broke and demanding an advance on tv money that hasn't even been negotiated yet. Broke I tell ya.

a few hundred K each ..... chump change
not broke at all ... all have liquidity .. including the Sharks

Hmm that's certainly not how the NRL clubs see it according to what they say in public. They are on their knees ready to fold. What a joke of a competition when 15 of your 16 clubs are broke. Pathetic.

[Raiderdave]

A bit of coin eh? OMG

Hello.... 15 of your 16 clubs are broke and demanding an advance on tv money that hasn't even been negotiated yet. Broke I tell ya.

a few hundred K each ..... chump change
not broke at all ... all have liquidity .. including the Sharks

Hmm that's certainly not how the NRL clubs see it according to what they say in public. They are on their knees ready to fold. What a joke of a competition when 15 of your 16 clubs are broke. Pathetic.

its called tactics beaussie
the clubs know a massive pay day is coming soon .. they're making sure they're first in line
lots of exaggerating of their financial situations will ensure a few million more for each of them here & there
very smart from our clubs CEO's

[TLPG]

Have to address this rubbish from Raider and again it will only take one posting.

You don't need a degree is economics to know that if you have liquidity, you have the ability to borrow against debt - and bang! End of being broke! But guess what? They CAN'T! Why? Because they DON'T HAVE LIQUIDITY!!

And the reason for that can be seen in the attendance figures and memberships - something that the AFL is murdering the NRL in.

You want real liquidity, Raider? Get that bunch of TV viewers you hold so dear out of their collective couches and out to the games!! Where it REALLY counts!

[Raiderdave]

Have to address this rubbish from Raider and again it will only take one posting.

You don't need a degree is economics to know that if you have liquidity, you have the ability to borrow against debt - and bang! End of being broke! But guess what? They CAN'T! Why? Because they DON'T HAVE LIQUIDITY!!

And the reason for that can be seen in the attendance figures and memberships - something that the AFL is murdering the NRL in.

You want real liquidity, Raider? Get that bunch of TV viewers you hold so dear out of their collective couches and out to the games!! Where it REALLY counts!

well Hello Peanut ,

talking dribble again I see

bums on seats & memberships are a far smaller part of a codes income then veiwers in their homes watching on TV

the 7 Million people who attended games of AFL this last season ( 60% of these were members ) paid on average only $20 per seat
( kids paying as little as $2.50)
thats approx 140 million dollars into coffers from memberships & gate receipts
your next TV contract is worth 250 Million a year you complete wombat

TV trumps actual spectators nowdays for revenue .....
the AFL will need every cent of this too .... as memberships & attendance plummet in NSW & QLD & the 2 new clubs plus basket case Melbourne clubs continue to bleed money badly , the AFL is in for some very hairy decades to come.

remind me not to sign you up as my accountant you flip

the NRL's clubs money woes will be over in one foul swoop ... when we sign our next TV deal , more the doubling our TV revenue overnight
& with memberships & attendances growing aswell they're are good times ahead ... good times

[King-Eliagh]

HaHeyyyy! It's TLPG back!...again...going against his word....again. Comon now TLPG what's going on? As with your moderating we dont know where you stand. No consistency.

Peanut I forgot about that one.

Also nice tidy work there raider, cleaning up that vommit TLPG spewed onto the page - ive done it before and it can be an awful job.

[Beaussie]

Have to address this rubbish from Raider and again it will only take one posting.

You don't need a degree is economics to know that if you have liquidity, you have the ability to borrow against debt - and bang! End of being broke! But guess what? They CAN'T! Why? Because they DON'T HAVE LIQUIDITY!!

And the reason for that can be seen in the attendance figures and memberships - something that the AFL is murdering the NRL in.

You want real liquidity, Raider? Get that bunch of TV viewers you hold so dear out of their collective couches and out to the games!! Where it REALLY counts!

Another post with facts NOT spin/lies and a welcome change to the rubbish we continually hear from the throwball fans round here. Cheers TLPG. =D>

FACT remains the AFL murders the NRL like you say TLPG on every measurable stat each code is measured on. Raider even admitted as much in a previous thread and at another forum.