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reports of the clubs financial situation abound

dave taylor is said to want out of his deal to go there and cronk is having second thoughts

what do people think should happen here ?

either nrl finds a way for the titans club to contunue by taking over its debts or getting new investors.

alternatively they could let the franchise go under and start afresh. this would include allowing the new club to get a better deal on the stadium rental

the current stadium rental is a massive burden on the club and the queensland government will look stupid with no clubs playing there

the proposal for the png govt to take a share is a waste of money imo

the club in its current format is a liability for the game and the ARLC needs to resolve it either by new ownership of the titans or a new club altogether free of the burden of the property development debts

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:d7dc4b20b2c2dd7b76ac6eac29d5604e_45933.jpg



Searle is still suggesting a return to profitability for this year and next, tho I suspect he's referring to the football operations which, considering attendance trend and players the club are supposed to be chasing for 2013 does seem a tad optimistic.

Quote: "the club in its current format is a liability for the game and the ARLC needs to resolve it either by new ownership of the titans or a new club altogether free of the burden of the property development debts'"

www.smh.com.au/rugby-league/leag ... z1q6GcMfsU
I see that John Singleton was very critical about the Titans even getting into the NRL in an article the other day. He offered to bankroll the CC Bears bid in 07 to the tune of $50m. Makes an interesting read. Though if they couldn't get in then with all that backing, players on line etc. etc. Makes one think if there's a chance at all for the Central Coast which is sounding less and less likely as I hear more things to the negative in the game over here.

www.smh.com.au/rugby-league/leag ... z1q6GcMfsU


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WEST COAST PIRATES NRL expansion? Sometime soon, maybe......:d7dc4b20b2c2dd7b76ac6eac29d5604e_9857.jpg



NRL needs to back them, get a proper governance structure in place, new board and sort out the mess Searle has created with his over speculation.

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WEST COAST PIRATES NRL expansion? Sometime soon, maybe......:d7dc4b20b2c2dd7b76ac6eac29d5604e_9857.jpg



I see a consortium may take over the license and rebrand them.

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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
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