Quote dally messenger="dally messenger"the new ground will offer much better corporate facilities and its hoped this will allow the storm to become more financially viable.
they currently lose around $3 million pa and the new ground its hoping to fall to breakeven or a $1 million loss
with news ltd to exit RL someone needs to fund the storm and it wont be the game itself.
not with other clubs ready to go that can be financially viable.'"
Depends on how you define "loss". News Ltd, as owners, make up the shortfall just as owners of other clubs such as Manly or Sth's do or Leagues clubs do for many other clubs. It is rumoured Melbourne operate on an expenditure of over $17million. That is more than most clubs, if News dropped them they would simply spend the same as majority of clubs and break even.
but you are right with an extra 5000 fans and much better corporate facilities they are only going to get stronger hopefully.