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Rugby League
Brisbane Broncos Talk
Where to From Here? Let's Plan for 2021...er...2025
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[QUOTE="Kooly87, post: 3164413, member: 9326"] I feel I'm being completely realistic in our limitations. $50 million plus dollars a year in turnover is almost entirely contingent on Rugby League and the NRL being a going concern, and yes, in March this year that was looking very much a like dubious prospect. I think it's fair to say at that stage there was a reasonable chance no more football would be played this year. As I said, we're not Man City rich, and with no NRL we likely couldn't pay our wages, much less be splurging on Coaches, so of course staff will need to be let go. But given these are absolutely extraordinary and unprecedented circumstances, I'm not sure they are something we should be using as any sort of yardstick for what the Broncos can or cannot afford under normal circumstances. I guess I'm in the minority in that I see absolutely no reason why a million dollars should be any sort of ceiling for Coaching payments. Personally, I'd argue it's the most critical role in the entire organisation and along with the CEO, it's probably one of TWO positions you absolutely shouldn't be looking to keep a lid on costs on. Simple economics would say that it's an odd thing to put a ceiling on. There are dozens of million dollar players available. In fact, there are probably at least one dozen guys who earn even more than that. Every single club has at least one million dollar player and many clubs have several. Compare that to elite Coaches, of which there are what, 3-4 maybe anywhere in the market? If you want the very best, the pool of talent is tiny by comparison to players and if you want to take the very best one from his presumably content employment in his current role, you almost certainly will need to put up the cash. If Bellamy had cost us $1.5 million back in 2018 the budget would barely have moved for us in the scheme of our overall turnover. In fact it would honestly have likely paid for itself in greater on field results which in tune drive greater financial results for the club. Even at $2 million a season we might have noticed the costs a little more and I could see that getting some opposition from the bean counters, but it is still quite unlikely to be crippling to a club that turns over in excess of $50 million dollars a year and does so profitably year on year on year for decades now (one off, global catastrophe random events aside). In fact, given we profitably turn over almost twice what Melbourne do on annual basis, the Broncos paying a crazy figure like $2 million dollars for Bellamy is as a percentage of our overall operating costs almost exactly the SAME as Melbourne managing to sustain themselves all these years while paying him $1 million a season. [/QUOTE]
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Rugby League
Brisbane Broncos Talk
Where to From Here? Let's Plan for 2021...er...2025
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