NRL CLUBS DEBTS & PROFITS

[leeroy*NRL*]

The NRL has stated it will from 2018 and going forward it will not bail out a NRL club

they must be able to support themselves with there own two feet..

interesting times ahead for clubs in the game>

[leeroy*NRL*]

Cash-strapped Cronulla Sharks forced to lay off 10 staff

The Cronulla Sharks have been forced to sack 10 staff as the club deals with a $3 million dollar loss from last season

Multiple media outlets including The Daily Telegraph are reporting the cash-strapped Sharks were forced to hand out the redundancies to save $1.5 million next year according to CEO Barry Russell.

“The challenge is to have a stand-alone profitable business,

Cronulla reportedly finished last season with a $3 million loss, despite a $13 million grant from the NRL.

[Terry]

The Sharks are one of the few clubs who haven,t got a rich owner or leagues club to cover football club expenses. Their supposed river of gold development had better come good soon .

[leeroy*NRL*]

yeah true point> it has been a few years in the making this development.
is it only like 50% complete.

i wonder what the ejection of cash it will bring in per year..

[leeroy*NRL*]

another stage complete>> not 100% sure but i think this is stage 2 of 4

its quite a huge development.

The Cronulla Sharks development has reached another milestone, with residents moving into the 178 apartments in stage two.

Developer Capital Bluestone said the Woolooware Bay community had risen to 725 residents.

Work would start soon on stage three, providing a further 238 apartments, the company said.

When stage three is completed, there will be 636 apartments on the western side of the football stadium.

Another 244 apartments will be built in stage four, on the eastern side of the stadium, taking the total number to 880.

Stage four will also include a new shopping centre, hotel and upgraded leagues club.

https://www.theleader.com.au/story/5441 ... milestone/

[leeroy*NRL*]

Just like that

$9 mill coming sharkies way

Cronulla Sharks set to receive $9 million windfall before 2019 NRL season

The much-needed funds will come from the multi-million dollar property development on land adjacent to Shark Park.

[notaleaguefan]

https://www.nzherald.co.nz/sport/news/a ... d=10572580

Lol

[AFLcrap1]

A 9 yr old article .
You really are grasping at straws today .

[NlolRL]

A 9 yr old article .
You really are grasping at straws today .

Today? It was his/her first day as a member

[AFLcrap1]

Yay another braindead to jôin the fumble clan .
Can't even get an original name .

[NlolRL]

Yay another braindead to jôin the fumble clan .
Can't even get an original name .

how dare someone join the opposite side! Fighting is far easier to win when everyone agrees with you

[AFLcrap1]

No probs with anyone joining . It'd just be helpful if occasionally someone on the AFL side had a few brain cells .

[NlolRL]

No probs with anyone joining . It'd just be helpful if occasionally someone on the AFL side had a few brain cells .

have you seen NRL fan's spelling and grammar?

[AFLcrap1]

Yes it's a forum .
Spelling & Grammar are not ideal .
Yet no matter how bad it gets from our side .....you lot have no grasp on reality ...the IQ levels are down with mentally impaired people .
Can't accept AFL getting beat ..it's all but but but
& when arguing put up 9 yr old articles that have no bearing on the current argument .
Can't admit the AFL do wrong with any serious matter .

[NlolRL]

Yes it's a forum .
Spelling & Grammar are not ideal .
Yet no matter how bad it gets from our side .....you lot have no grasp on reality ...the IQ levels are down with mentally impaired people .
Can't accept AFL getting beat ..it's all but but but
& when arguing put up 9 yr old articles that have no bearing on the current argument .
Can't admit the AFL do wrong with any serious matter .

I've frequented many forums. I've never seen spelling and grammar as bad as what we see on here from RL folk. That indicates IQ more than people willing to stick to their guns in an argument on a forum designed for that very purpose.