Titans in trouble!

[Beaussie]

Fancy hoping the government of a third world country will bail you out. Disgraceful Searle and co at the Titans. Disgraceful.

Mr Searle has stretched the titans budget to thin, now he might loose there center for excellence that GC worked so hard for. Fuken moron.

I do wander how much the center is worth anybody know?

Centre for Excellence

Worth nothing today whilst millions are still owed for its construction.

Searle is an idiot. Tell me, is he still considered worth of the NRL CEO's job?

[Beaussie]

Picture says it all.

Why does RL continually fail on the Gold Coast?

[Raiderdave]

Picture says it all.

Why does RL continually fail on the Gold Coast?

the Titans aren't going anywhere Bearsy

they are on the verge of winning the war
then again
it wasn't much of a batlle

the thuns are a bunch of ********* , memberships through the floor after just 1 year ... attendances to follow
...so hardly anything to crow about beating them

[Xman]

Picture says it all.

Why does RL continually fail on the Gold Coast?

the Titans aren't going anywhere Bearsy

they are on the verge of winning the war
then again
it wasn't much of a batlle

the thuns are a bunch of ********* , memberships through the floor after just 1 year ... attendances to follow
...so hardly anything to crow about beating them

How are they on the verge of winning the war when they are financially crippled with crowds plummeting and barely any members?

[Xman]

THE embattled Gold Coast are on the brink of financial ruin as it emerged the level of debt on the Titans' empire has blown out to an extraordinary $35 million.

A

s the Titans head to the Federal Court today to fight wind-up proceedings against its property arm, The Courier-Mail can reveal the magnitude of the club's financial haemorraghing, which is worse than the initial forecasted debts of $25-30 million.

And in another crippling blow, Gold Coast commercial property experts last night estimated the Centre of Excellence will not fetch more than $20 million - meaning a proposed sell-off of the controversial building is unlikely to save the Titans from going to the wall.

The level of debt is unprecedented in NRL history.



The NRL last night confirmed the entire Titans group is under "considerable financial stress", with a team of external accountants having unearthed millions of dollars of hidden debt in the ailing football club.

http://www.couriermail.com.au/sport/nrl ... 6307634235

Oh raider!

They're stuffed, even if they sell their COE.

[TLPG]

Im not heading anywhere , simply pointing out out that you lot are a bunch of hypocrites! you AFL lovers have got nothing. Your trying to make an issue out of the Titan's situation , yet as Jeff, a former Gay FL president, points out , 3 of your leading clubs have almost gone under in the past 15 years. And more than half of your clubs survive only through handouts.

Evidence demanded of what I have bolded and underlined - which 10 clubs are surviving solely on handouts and would fold without them?

No evidence - this comment goes into the BS file because that's what it is. BS.

[cos789]

Oh dear!

[Raiderdave]

Picture says it all.

Why does RL continually fail on the Gold Coast?

the Titans aren't going anywhere Bearsy

they are on the verge of winning the war
then again
it wasn't much of a batlle

the thuns are a bunch of ********* , memberships through the floor after just 1 year ... attendances to follow
...so hardly anything to crow about beating them

How are they on the verge of winning the war when they are financially crippled with crowds plummeting and barely any members?

the Thuns suffer from 2 of these 3 things too
&

they can't play

the Titans money woes are an easy fix
but
they can play a bit

the Thuns problem of being a bunch of *********
is not any easy one to fix

[Raiderdave]

THE embattled Gold Coast are on the brink of financial ruin as it emerged the level of debt on the Titans' empire has blown out to an extraordinary $35 million.

A

s the Titans head to the Federal Court today to fight wind-up proceedings against its property arm, The Courier-Mail can reveal the magnitude of the club's financial haemorraghing, which is worse than the initial forecasted debts of $25-30 million.

And in another crippling blow, Gold Coast commercial property experts last night estimated the Centre of Excellence will not fetch more than $20 million - meaning a proposed sell-off of the controversial building is unlikely to save the Titans from going to the wall.

The level of debt is unprecedented in NRL history.



The NRL last night confirmed the entire Titans group is under "considerable financial stress", with a team of external accountants having unearthed millions of dollars of hidden debt in the ailing football club.

http://www.couriermail.com.au/sport/nrl ... 6307634235

Oh raider!

They're stuffed, even if they sell their COE.

scanning scanning

News Ltd

[Xman]

Are you saying the facts in the article are made up figures by news? all they are doing is reporting the figures which have also been confirmed by other media groups.

You're full of bs

[Xman]

the Titans aren't going anywhere Bearsy

they are on the verge of winning the war
then again
it wasn't much of a batlle

the thuns are a bunch of ********* , memberships through the floor after just 1 year ... attendances to follow
...so hardly anything to crow about beating them

How are they on the verge of winning the war when they are financially crippled with crowds plummeting and barely any members?

the Thuns suffer from 2 of these 3 things too
&

they can't play

the Titans money woes are an easy fix
but
they can play a bit

the Thuns problem of being a bunch of *********
is not any easy one to fix

So 35m debt is an easy fix is it? PNG? Lol

The suns are killing the titans in every area! Every!

The war is over pal. Move on.

[Raiderdave]

Are you saying the facts in the article are made up figures by news? all they are doing is reporting the figures which have also been confirmed by other media groups.

You're full of bs

Michael Searle says the reports of the debt being 30m are wildly exaggerated

I'll believe him

[Xman]

Are you saying the facts in the article are made up figures by news? all they are doing is reporting the figures which have also been confirmed by other media groups.

You're full of bs

Michael Searle says the reports of the debt being 30m are wildly exaggerated

I'll believe him

Oh dear, multiple sources show he is wrong, which are confirmed by the NRL

[Raiderdave]

How are they on the verge of winning the war when they are financially crippled with crowds plummeting and barely any members?

the Thuns suffer from 2 of these 3 things too
&

they can't play

the Titans money woes are an easy fix
but
they can play a bit

the Thuns problem of being a bunch of *********
is not any easy one to fix

So 35m debt is an easy fix is it? PNG? Lol

The suns are killing the titans in every area! Every!

The war is over pal. Move on.

the Thuns couldn't kill an ant with a bazooka
they're *********

they'll be half as popular as the Titans are now in a year or 2

[Raiderdave]

Are you saying the facts in the article are made up figures by news? all they are doing is reporting the figures which have also been confirmed by other media groups.

You're full of bs

Michael Searle says the reports of the debt being 30m are wildly exaggerated

I'll believe him

Oh dear, multiple sources show he is wrong, which are confirmed by the NRL

ah , multiple sources .. that are full of shite

&

the NRL haven't said anything of the sort
they just said they have some money issues .... who didn't know that ?