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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: 3476695, member: 10189"] That's where we train in front of the HQ right? It would be alot of money but I don't think it would be that much more then Parra stadium, it was built for a cheaper price when building costs were much cheaper plus it's nearly 20 years old now, some sort of depreciation would be factored in, but it could be only done with a Loan anyway, profits would take a huge hit but the club would basically be able to run tax free while paying it of, Brisbane has a huge lack of suitable rectangles so unless the government has plans to build another one in the future there could be a solid business case for it, as long as the repayments are not more then say 5 million a year over what can be made from the stadium in a year I think the club could do it quite reasonably. The financial statements on Stadiums Queensland don't isolate it just for Suncorp but given we paid 3.3 mil for 7 games last year I would assume that would be atleast 5 mil made just from Broncos games, now you got Dolphins which would probably be Similar but I assume maybe a little bit less due to less crowds thus less security etc required, you also have the reds, Roar did leave though but I think if a good deal was presented you could bring them back, then you got Origin, concerts(which will likely pay the most), possible internationals for Soccer, league and Rugby. I would be surprised if it's under 20 mil a year the stadium makes, is that enough to service a loan to buy the stadium, thats the big question. I suspect you would want to make sure Dolphins play at Suncorp for the duration of that and would need to get a longterm deal. [/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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