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Rugby League
Brisbane Broncos Talk
Broncos ... are too powerful
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[QUOTE="Twiztid, post: 2429528, member: 2144"] If the leagues club fails to make the profits (hard to believe), they won't have the grant money available to give to the football club (currently at $4 million). What are the football club's backup plan to cover that grant if this happens? Basically what I am saying is their business model is no different to every other NRL team with a big leagues club network. At the moment the club is well off, but so were Parramatta and Penrith with their Leagues clubs. Yet over the past 5 years or so, the big grants are getting lower and lower in value and those teams are finding it hard to cover that money. I just had a look at the Panthers Annual Report. Again if I am reading it correctly. The Football club is said to have made a profit of $2.4 million. Panthers Group as a whole had a loss of $9.5 Million. [/QUOTE]
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Rugby League
Brisbane Broncos Talk
Broncos ... are too powerful
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