looks thats just a load of nonsense

Without news ltd the storm are in a lot of trouble. can they turn it around sufficiently? people in the game like michael searle and gallop arent sure

sydney RL clubs have virtual casino, some with assets of $300 million behind them backing them up

we all hope the storm can be financially viable. if they arent then further expansion should go to teams that are more financially stable until the games finances are strong enough to support weak teams

For someone who loves TV audience figures so much I suggest you take a look at teh NRL GF viewing figures. Then consider what they would have looked liek against teh AFL's WITHOUT the 900,000 Victorian viewers that tuned in to watch the Storm!

Losing a Melbourne team would be the biggest step backwards for RL in this country since they culled the Rams, Reds and Crushers and retereated back to the Eastern seaboard confines of the last century.

If a city the size of Melbourne cannot support one RL side it says much about RL being Australia's number 1 sport.

Dally wants a return to ARL days with a huge majority of Sydney sides in the comp - it is the only way Sydney sides have a chance of actually winning it.

so you believe TV ratings are accurate when it suits you huh?

no but you seem to so where does that leave your argument? Come on tell me how would the GF have faired with no Melbourne team? How would you have spun the GF viewing getting hammered without the Vic viewers? If you can't see the value of a Melbourne team to the NRL, well specsavers should be your next stop!

What? Sydney clubs like Panthers who are crying that they will have to cut back on support for senior and junior League because of reduced revenue due to the new smoking laws and pokie taxes? Sydney clubs like Parra who posted a massive loss this year - not the football club, the Leagues club which pays for football operations?

Storm don't [ilose money[/i. That's a misconception.
Storm spend roughly $21million a year (a large portion of it on junior development). They make approx $15M a year from external sources (tickets, sponsorship, jersey sales and so on) and the remainder comes from News Ltd, their owner - just as Russell Crowe, Delmege etc tip into [itheir[/i teams. If News reduced their contribution, Storm would have to curb expenditure and (unfortunately) that would have to start with Victorian juniors. If they [ilost[/i money, they would be in debt.

Anyway, most Sydney clubs would wet themselves at the thought of having a $15M revenue stream.

www.theaustralian.com.au/news/sy ... 1115683624

www.theaustralian.com.au/news/sy ... 1115683624

penrith panthers has assets over $300 million, including leagues clubs in newcastle and elsehwere.

the storm do lose money. stop talking nonsense.

err no Panthers Group does. Penrith Panthers NRL club lost $4.1mill in 2008 and had to be "bailed" out by the Leagues club operations.

i was talking about the LC einstein

panthers LC has more assets than all the AFL clubs combined

get that up ya mate

The sad thing is you really believe that - pity you cannot back it up with facts-£150m doesn't seem much compared to a group with a tv deal alone that dwarfs that never mind the intangibles - if you understand what that means

There you go again with your AFL fixation!

Reality is the Penrtih Panthers NRL club does not have a sustainable income based on RL operations alone. They are no different to the Storm or 90% of other NRL teams in that respect. It's good they have a massive pokie machine chain sucking dole cheques out of the under classes of the Western Suburbs. if they had to rely on a fan base they'd be long gone.

Personally I'd rather my sports club be making $millions of profit than losing millions and relying on handouts, wherever they come from.