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Rugby League
Brisbane Broncos Talk
How rich are we really?
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[QUOTE="Skathen, post: 3384185, member: 8789"] Being well off doesn't mean freedom to burn cash when we're a PLC and have to report to Shareholders. Kev was paid what would be market rate for a coach with low NRL Experience and a team on the bottom of the ladder. Paul White did try and buy Bellamy but he didn't aim high enough obviously as Craig just took that offer to the Storm who gave him a pay bump and he stayed. The club screwed up badly with Seibold's contract, that was a lot of money burnt. There also is technically some form of spending limits for club admins/training staff to allow the lesser financially able clubs to compete - however the terms of this were pretty loose from my understanding and I have no idea how enforced it is (or even if it's still a thing?). How rich we is also a matter of public record due to the PLC reporting requirements: [URL unfurl="true"]https://www.broncos.com.au/siteassets/about-us/pdfs/20210423---2020-annual-report-brisbane-broncos-limited.pdf[/URL] [/QUOTE]
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Brisbane Broncos Talk
How rich are we really?
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