Quote: Mrs Barista "Was combining your and Ian P's "golden goose" points - you said the directors motivation was to make money, my argument would be that few business people would invest in sporting clubs if they were serious about a financial return being their primary motivation. They've been in the business for 10 years or so the fact that they're still miles and miles off being able to take a dividend means it's a very very long payback period. As stated, they'll make a few quid when they sell, but off the back of work they've done to make us one of the only self-sustaining businesses in the competition, so deservedly so.'"
I never made a golden goose claim? I simply said they can't take their money out of the club that easily. The directors charged us a reasonable interest on the money they loaned us so they have made some money from that and ATEOD no one knows what their ROI will be when they sell the club but IMO they are not here to lose money.
Owning a sporting club provides presteige to those who can afford it and let's be honest Rugby league is harldy a millionaires play ground is it so the risk isn't as great as football. A sleeping giant of the game if handled correctly with one of the biggest and most loyal fan bases in the game is a failry good long term bet.
My point on the financials where simply that if the club sense they will start to lose more money than changing something will cost because fan's have had enough, they will more likely change smething than not, or would you disagree?
