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Rugby League
Brisbane Broncos Talk
Do We Really Need Newscorp?
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[QUOTE="Nepal Donkeys, post: 2912128, member: 8858"] Half a rumour that the new chairman was appointed to oversee the sale of News Corp’s share since his business life has been in stock broking but it was quashed pretty quickly. From a business perspective, News Corp’s stake in BBL isn’t really that lucrative. Yes the Broncos run a profit, but a company big enough to buy out News’ stake would want a much higher return on capital than BBL’s current dividend/distribution according to their financials. As it is News doesn’t really care because they have SFA to do with the club apart from appointing the Board and CEO. [/QUOTE]
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Rugby League
Brisbane Broncos Talk
Do We Really Need Newscorp?
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