Reply to thread

Message: [QUOTE="Porthoz, post: 2634819, member: 2221"] As Foordy said, Nine has approx. 2 thirds of the Broncos shares, which they won't sell easily. They have relinquished their interest in the NRL itself as well as the Storm, if I remember correctly. Publicly listed companies main purpose is to deliver the highest possible dividends to their shareholders. Sports clubs main purpose is to deliver the best possible sporting results. Often, the latter will come at the cost of the first. Note that sponsorships are a separate matter all-together. That is obviously part of the clubs financial performance and good results as well as location and the club's reach will obviously attract better sponsorships, but these are generally used to (partially) cover operational and infrastructure costs. The better they are, the more dividends the club will have to offer of course... [/QUOTE]

No members online now.

Total: 17 (members: 0, guests: 17)