NRL eye SL takeover

[RayCee]

13 minutes ago, Sports Prophet said:

I’ve said it before, the NRL being sub contracted by the RFL to deliver grassroots RL in London and the South East is a great idea. I think I came up with that one myself no wonder it’s such a great idea

Well prophets are usually the ones that come up with ideas first. 

[Sports Prophet]

I think what was very telling with Peter V’s interview last night was the importance he placed on the NRL acquiring income generating assets. The NRL were in a precarious position when covid hit with no tangible income generating assets to lend against.

Since then the NRL has been shrewdly acquiring assets which return a greater income than the interest the investment could earn in the bank. The SL does not fit the mould of recent acquisitions, so would need to step away from a strategy it’s backed since COVID.

Doesn’t mean it won’t happen though.

Edited March 11 by Sports Prophet

[The Future is League]

10 hours ago, Sports Prophet said:

I think what was very telling with Peter V’s interview last night was the importance he placed on the NRL acquiring income generating assets. The NRL were in a precarious position when covid hit with no tangible income generating assets to lend against.

Since then the NRL has been shrewdly acquiring assets which return a greater income than the interest the investment could earn in the bank. The SL does not fit the mould of recent acquisitions, so would need to step away from a strategy it’s backed since COVID.

Doesn’t mean it won’t happen though.

Would the NRL consider Super League an asset or a liability?

Would the NRL just consider buying just one Super League club, which it considered could be as asset in the not too distant future?

Peter V'landys and Andrew Abdo are accountants by profession and wouldn't take on anything that is debt ridden with zero chance or reducing that debt, or becoming profitable in the near future, IN MY OPIONION.

[Sports Prophet]

27 minutes ago, The Future is League said:

Would the NRL consider Super League an asset or a liability?

Would the NRL just consider buying just one Super League club, which it considered could be as asset in the not too distant future?

Peter V'landys and Andrew Abdo are accountants by profession and wouldn't take on anything that is debt ridden with zero chance or reducing that debt, or becoming profitable in the near future, IN MY OPIONION.

The SL is definitely and asset but not a tangible of bricks and mortar such as the hotels which have been acquired.

There is still great potential in SL, it’s just a matter of alleviating the risk by bringing a strategic group of partners to commit the finances and skills to advance on the potential.

[Worzel]

1 minute ago, Sports Prophet said:

The SL is definitely and asset but not a tangible of bricks and mortar such as the hotels which have been acquired.

There is still great potential in SL, it’s just a matter of alleviating the risk by bringing a strategic group of partners to commit the finances and skills to advance on the potential.

Yes, that would make sense. The NRL is bringing brand and comp-running IP to the table, it would make sense to leverage that and bring in a 3rd-party investor alongside yourself to mitigate risk and provide greater funds to invest in a growth strategy.

But that would make it an even bigger task, so the NRL needs to ask itself if it can have that distraction whilst also successfully doing what it needs to to do to grow in Asia Pacific. Only so many hours in the day... even if you add some by working across multiple time zones 

[Sports Prophet]

10 minutes ago, Worzel said:

Yes, that would make sense. The NRL is bringing brand and comp-running IP to the table, it would make sense to leverage that and bring in a 3rd-party investor alongside yourself to mitigate risk and provide greater funds to invest in a growth strategy.

But that would make it an even bigger task, so the NRL needs to ask itself if it can have that distraction whilst also successfully doing what it needs to to do to grow in Asia Pacific. Only so many hours in the day... even if you add some by working across multiple time zones 

I will let Pete know I have your backing as a valuable partner in such a venture  

Edited March 11 by Sports Prophet

[THE RED ROOSTER]

The NRL is not run as a not for profit organisation so any investment is conditional on changes being made to the running of the sport as as a business and on the strategic repositioning of the sport within the UK sporting landscape.

The status quo is not an option, the question is how unpalatable any proposed changes would be to the majority of the Rugby Football League community, and you have to accept a significant group of "traditionalists" will be alienated by change.

The other issue concerns the Club owners many of whom have sunk considerable sums of money into their clubs, just how much control would they be prepared to cede?. 

You also have to take into account the main broadcasters view on this and as I have posted on the past with the transfer of SKY from Rupert Murdoch and the Aussies running the TV deal to the US Comcast who take a less patrrnalistic view of the sport. Would they welcome any agreement?.

At the moment we do not know what is being discussed, if it will ever get off the ground and if it does not what was the impediment preventing any deal.

Certainly if anything concrete does come out of these discussions behind closed doors, then it has the potential to becomr the biggest single controversy within Rugby League since the beginning of Super League.

 

  

[Toby Chopra]

Not sure there can be movement by the NRL until the RFL governance review is complete, so we're talking next year at the earliest.

Simon Johnson's confirmed out:

https://www.loverugbyleague.com/post/rfl-chairman-to-step-down-immediately-as-clubs-move-step-closer-to-reform-proposals

 

[JM2010]

If the NRL do invest into SL I hope they prioritise growing the game in London as that would possibly be they key to them making a success of it

[Coggo]

Matt Shaw in this week’s ‘House of League’ podcast:

“I think it's closer than it's ever been, but probably a little bit further away than people think. I think there's a lot to iron out when you go through things like this. What we can say with confidence is discussions did take place with the NRL, with Super League, with Rugby League Commercial, with clubs in Vegas that weekend.

“From what I gather, the talks were very positive in terms of financially, what the NRL will bring to the table. Some of the numbers that were banded about to me certainly made me sit up a lot more than what's been, what they're currently getting on the Sky Deal. So from a financial perspective, from a resource perspective, there's a lot of positives to this and there's a lot of people wanting to make it happen.”

 

[WN83]

Sounds like the NRL have bought London Broncos and it's to be run by Matt Adamson and Gary Hetherington. On the face of it that should be really positive for the sport in London and hopefully for the game. The best times for London where when they had that Aussie influence and if they can find a balance between that and producing southern players, it really could be something special for us. 

[The Future is League]

7 minutes ago, WN83 said:

Sounds like the NRL have bought London Broncos and it's to be run by Matt Adamson and Gary Hetherington. On the face of it that should be really positive for the sport in London and hopefully for the game. The best times for London where when they had that Aussie influence and if they can find a balance between that and producing southern players, it really could be something special for us. 

So where does that leave Gary Hetherington's position at Leeds Rhinos?

[WN83]

40 minutes ago, The Future is League said:

So where does that leave Gary Hetherington's position at Leeds Rhinos?

You'd have to think he's leaving. It would be very rugby league for the same guy to be in charge of two clubs, at the same time though. 

[The Future is League]

12 minutes ago, WN83 said:

You'd have to think he's leaving. It would be very rugby league for the same guy to be in charge of two clubs, at the same time though. 

I would imagine he's thinks his time at Leeds is done, and to be fair to him he's done a fantastic job there, and see's the huge potential that there is for Rugby League in London, and obviously will base himself in London.

[WN83]

He is leaving apparently and JJB is to step in to his role at Leeds. 

[The Future is League]

6 minutes ago, WN83 said:

He is leaving apparently and JJB is to step in to his role at Leeds. 

JJB has huge boots to fill and Given times I'm he will

[JohnM]

This thread is now redundant.

We now have to wait three years before the clubs decide that the new new regime is worse than the new regime before getting NRL involved as the new new new regime.

Alternatively, NRL waits a few months until the pro sport is put into liquidation . Then NRL steps in and buys if from the liquidators for £1..

Edited March 15 by JohnM