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Rugby League
Brisbane Broncos Talk
With all the Revenue and profit the Club makes does it buy any assets??
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[QUOTE="Mustafur, post: 3476392, member: 10189"] It would probably be barely for some, but it could be used for the Broncos as an Affiliate club or what not, a place we can put players or staff for experience while giving us scouting knowledge as well. The amount of money involved isn't crazy, I checked St Helens and they had revenue of $12.1 million(AUD) and posted loses of 1.6M pounds for the season but when you look at why, they state stadium depreciation, that to me sounds like a tax dodge, either way that would be the priciest option I suspect a lower team would be probably half that at most. Going by our half year results on the stadium we made 9.6 million on ticket sales and corporate for games and paid Suncorp 3.3 to host the 7 games, I doubt we are even close to the money required to buy the stadium outright but with a loan it might be cheaper especially when you consider you can make money off Pricey Origin games and Dolphins with any other sport that plays there like union. [/QUOTE]
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Rugby League
Brisbane Broncos Talk
With all the Revenue and profit the Club makes does it buy any assets??
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