how long can you keep polishing a turd for! NRL urgently needs $30 million bank loan to pay clubs

[NlolRL]

And paying players isn't an operational reason? There nothing more important.

It was you that was trying to convince yourself and everybody else that the $280m debt was a good thing.

Both west and Saints haven't got loans to my knowledge - maybe an advance on funding, though St George are doing very well at the moment and if they did get a handout it certainly wasn't anywhere near what the lions, Suns, GWS and others get.

However you want to describe the Money , outside of funding and prize money , its all handouts.

It was hardly me who brought any of this up so maybe you should take some of your own advice!

players salaries are running costs. These are required payments, not an asset accumulating wealth or providing revenue. Etihad stadium is an asset that will go up in value and provide significant income for the AFL throughout the entire year. In March Adele sold multiple concerts out there, as have other artists.

If you cant spot the difference you're beyond help.

[pussycat]

And paying players isn't an operational reason? There nothing more important.

Promising them money you dont have is idiotic.

It was you that was trying to convince yourself and everybody else that the $280m debt was a good thing.

its certainly not a bad thing. Loans for capital investment arent bad.

Both west and Saints haven't got loans to my knowledge - maybe an advance on funding, though St George are doing very well at the moment and if they did get a handout it certainly wasn't anywhere near what the lions, Suns, GWS and others get.

learn to fucking read then. St george had to get an emergency 6.5 million loan - about the equivelant of the fuding St Kilda and Brisbane received. Wests still owe about 3 million apparently.

It’s not helping the NRL in that it still hasn’t sold the Gold Coast Titans or the Newcastle Knights to private owners.

Both clubs are losing about $2 million a year under the NRL’s ownership.

Also, the commission was forced to save a desperate St George Illawarra with a $6.5 million loan — money that still hasn’t been repaid.

http://www.couriermail.com.au/sport/nrl ... 94843a1dc3

and since I know you'll write that off to be the telegraph. heres a link to the SMH saying the same thing

It is understood the Dragons still owe the NRL about $6 million while the Tigers' loan is about half of that, but still a significant burden to carry

http://www.smh.com.au/rugby-league/leag ... t1dk2.html

And given that GWS and Gold Coast are still establishing themselves, youd expect the NRL clubs to be receiving less.

However you want to describe the Money , outside of funding and prize money , its all handouts.

No its not, but you just dont get it, and Im tired of repeating myself.

It was hardly me who brought any of this up so maybe you should take some of your own advice!

You were always going to do this shit, dont deny it.

Its not as though they don't have the money , they just have it invested. They may have indicated to the players they were going to get more. But this is hardly idiotic. taking out a 280m loan to buy a stadium pretty much promised to you in 6 or 7 years sounds far more questionable.
Everybody that takes out a sizeable loan think it's the way to go at the time though it does't always work out that way.


And its not as though the AFL and its player union are'nt constantly at one anothers throats. Everytime you pick up a newspaper you read about how the players union is complaining about something.

If its not Handouts what is it? lucky door prize money?

I read that article, 'in recent years' .... 'part of the 2015 annual report'. What does that have to do with any shortfall in player payments?


Deny, Deny What ? That you trying to make a major issue over something that is nothing more than a cash flow problem. It makes a lot more sense to take out a short term loan rather than be penalised by having to cash in on there investments.

[leagueiscrap]

There is no denying anything pissycat!

Only but it's from you!
Nrlol in financial trouble! Borrowing money to pay operating costs! No money in the bank

[NRL&NFLweLaughATafl]

I am first to admit Tod Greenberg is far from being the NRLs best ceo.

As for Newcastle. They are being bought by Wests Group and the Titans are said to have several parties interested in buying them including Norths so both clubs will have private owners by next year.
Basically both clubs with be self sufficient when bought.

Hardly a crisis.

Have you guys forgotten the state of multipremiership winning AFL clubs like the Brisbane Lions?? Also your own Gold Coast suns are hardly in a good way either.

[NlolRL]

I am first to admit Tod Greenberg is far from being the NRLs best ceo.

As for Newcastle. They are being bought by Wests Group and the Titans are said to have several parties interested in buying them including Norths so both clubs will have private owners by next year.
Basically both clubs with be self sufficient when bought.

Hardly a crisis.

Have you guys forgotten the state of multipremiership winning AFL clubs like the Brisbane Lions?? Also your own Gold Coast suns are hardly in a good way either.

The difference is they are both expansion teams who have been very poor on field for many years. Once they see on field success they have a chance to rise again. The Titans have seen recent finals, and newcastle are a heartland club. Add to that the AFL have the funds to keep their teams afloat during hard times. Do the NRL?

[pussycat]

You people are so fucking brainwashed . Alls well in the land of milk and honey

[pussycat]

You haven't taken out loan?????? what a lot of bullshit.

No one said we hadnt take out a loan, what we have done is take out a loan for operational reasons, its a loan specifically to facilitate a capital purchase.

And time will tell if it was a good investment or not. Meanwhile you've got $280m to repay and all the interest that comes with it.

Geez i wonder if the well credentialled business folks at the top of the AFL considered that.

Hand outs - at least $80m in addition to club grants. What else would you call them?

You dont understand what the funding is for or how its broken down. Just because its over the basic club grant doesnt make it a handout. The AFL collects considerable revenue centrally for distribution back to the clubs that is not part of the club grant. This includes signage at the MCG and Etihad, AFL memberships with club support components, licensing revenues, game buyouts and pourage rights.

it also includes equal and disequal funding which is determined by the impact on a club of the AFLs fixturing and stadium deals on memberships, attendance and sponsorship. Some funding considerations are giving to club upgrades in facilities and staffing.

The AFL makes mention of some of this in its annual reports

The AFL makes a number of distributions and payments to AFL clubs. These payments included the following in 2016:

* A base distribution to all clubs which totalled $147.4 million, an increase of $5.4 million;
* A bonus distribution of $1.2 million to each club;
* Other payments to clubs included equal and disequal financial assistance, prize money, distribution of the AFL’s signage rights at Etihad Stadium and promotional funding to help clubs develop the game around Australia

Funding for Brisbane and the Saints is no less assistance than what has been handed to St George or Wests of late, except the AFL doesnt bother pretending its a loan they'll get back.

And God forbid the AFL should actually support its two newest teams.

NRL hand out to clubs $5 or 6 m! AFL handout to clubs $80m +.

Oh you have figures for how much it costs them to lose money on the titans and knights? The NRL doesnt have anywhere near the revenue centralisation the AFL has either.

So fucken What . That'll happen when they want it to happen. Then only thing that's years away(maybe lifetimes) is AFL and international interest.

Fuck off and pay attention to your own competitions many prohlems and procrastinations before inventing ones in the AFL that dont exist.

[NRL&NFLweLaughATafl]

I am first to admit Tod Greenberg is far from being the NRLs best ceo.

As for Newcastle. They are being bought by Wests Group and the Titans are said to have several parties interested in buying them including Norths so both clubs will have private owners by next year.
Basically both clubs with be self sufficient when bought.

Hardly a crisis.

Have you guys forgotten the state of multipremiership winning AFL clubs like the Brisbane Lions?? Also your own Gold Coast suns are hardly in a good way either.

The difference is they are both expansion teams who have been very poor on field for many years. Once they see on field success they have a chance to rise again. The Titans have seen recent finals, and newcastle are a heartland club. Add to that the AFL have the funds to keep their teams afloat during hard times. Do the NRL?

The Newcastle knights have been near or at bottom of the table for 3 years and were run by a near bankrupt businessman. How has that been successful?

Newcastle are going to be one of the best funded clubs in the NRL once Wests Group take over in 2018.

Brisbane is a relocation club from Fitzroy and AFL has had a team in Brisbane before Newcastle even started.

A hundred plus years of history in the AFL and been around in Brisbane longer than Newcastle is a huge advantage and they are still a basketcase.

The very fact AFL can't even get any interest on any overseas nations really shows which is the better game.

AFL is a one trick pony.
1 country
1 competion
Nothing else to represent the code.
And all overseas exhibition attempts just flop lol

[NlolRL]

I am first to admit Tod Greenberg is far from being the NRLs best ceo.

As for Newcastle. They are being bought by Wests Group and the Titans are said to have several parties interested in buying them including Norths so both clubs will have private owners by next year.
Basically both clubs with be self sufficient when bought.

Hardly a crisis.

Have you guys forgotten the state of multipremiership winning AFL clubs like the Brisbane Lions?? Also your own Gold Coast suns are hardly in a good way either.

The difference is they are both expansion teams who have been very poor on field for many years. Once they see on field success they have a chance to rise again. The Titans have seen recent finals, and newcastle are a heartland club. Add to that the AFL have the funds to keep their teams afloat during hard times. Do the NRL?

The Newcastle knights have been near or at bottom of the table for 3 years and were run by a near bankrupt businessman. How has that been successful?

Newcastle are going to be one of the best funded clubs in the NRL once Wests Group take over in 2018.

Brisbane is a relocation club from Fitzroy and AFL has had a team in Brisbane before Newcastle even started.

A hundred plus years of history in the AFL and been around in Brisbane longer than Newcastle is a huge advantage and they are still a basketcase.

The very fact AFL can't even get any interest on any overseas nations really shows which is the better game.

AFL is a one trick pony.
1 country
1 competion
Nothing else to represent the code.
And all overseas exhibition attempts just flop lol

I said the titans had had success and the knights were heartland......

Having heartland teams struggle is way different to the Lions who are an expansion team and havent been in finals for a decade or so and have featured near the bottom for years.

[Fred]

i think that's the big difference ... suns lions ... non traditional areas whereas Newcastle and titans are in rl heartland. Swans are killing it in Sydney and gws are doing well for now with a small but growing presence. Storm I think seem to have developed a nice niche market in Melbourne though although the sparce grass roots juniors etc is a worry.

[Fred]

Rl does have an international presence to its credit but it is hardly on the scale of a major international presence .. although some is better than none.

[leagueiscrap]

I am first to admit Tod Greenberg is far from being the NRLs best ceo.

As for Newcastle. They are being bought by Wests Group and the Titans are said to have several parties interested in buying them including Norths so both clubs will have private owners by next year.
Basically both clubs with be self sufficient when bought.

Hardly a crisis.

Have you guys forgotten the state of multipremiership winning AFL clubs like the Brisbane Lions?? Also your own Gold Coast suns are hardly in a good way either.

The difference is they are both expansion teams who have been very poor on field for many years. Once they see on field success they have a chance to rise again. The Titans have seen recent finals, and newcastle are a heartland club. Add to that the AFL have the funds to keep their teams afloat during hard times. Do the NRL?

The Newcastle knights have been near or at bottom of the table for 3 years and were run by a near bankrupt businessman. How has that been successful?

Newcastle are going to be one of the best funded clubs in the NRL once Wests Group take over in 2018.

Brisbane is a relocation club from Fitzroy and AFL has had a team in Brisbane before Newcastle even started.

A hundred plus years of history in the AFL and been around in Brisbane longer than Newcastle is a huge advantage and they are still a basketcase.

The very fact AFL can't even get any interest on any overseas nations really shows which is the better game.

AFL is a one trick pony.
1 country
1 competion
Nothing else to represent the code.
And all overseas exhibition attempts just flop lol

lol the usual dribble

the NRLOL is gonna do this gonna do that! then the but buts start!
Newcastle were one of the better funded NRLOL clubs under fat guts tinkler!

your league has no money & is borrowing from all angles to pay for basic operational costs!
all of your clubs are operating at losses, despite the pathetic minnow operating costs compared to the! the titans are owned by the NRLOL & were about to be shut down by asic for debts & the minnowbourne storm have never pasted a profit!


your little league is hardly dominate on the world stage! its major league is in financial trouble & so are its clubs! Union is popular world wide! despite league being a straight rip off but for stupid people, its hardly got much to beat its chest about!

[leagueiscrap]

You people are so fucking brainwashed . Alls well in the land of milk and honey

thats right every one is brainwashed and stupid aside from you pissycat and a few other league keyboard mashers!

btw where do we buy those tin foil hats from? ive got a fancy dress up party coming up and im thinking about going as a league fan?

[Terry]

Isn't it great there's a comedy thread on this site lolololololololol. This bloke is sillier than a two bob watch lolololol.

[leagueiscrap]

stick to the topic lolololololololoon