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