- Jul 14, 2010
Here's my take on it:Very interesting. Thanks for the insight. Another question then from those who were around the beaches in our silvertail area.. how is it that we were such a rich club buying whoever we wanted to the point we were a powerhouse club but not so anymore? Is it because the corporate world has moved beyond or is it because we had wealthy benefactors involved with the club? Such a big fall from grace from where we used to be financially
Manly was a really rich club relative to other clubs when it was a Sydney-based comp.
This is because of professional management through the 70s and 80s when other clubs were very amateurish. Manly had corporate sponsors, a thriving leagues club and lots of local sponsors (we still do have these little local sponsors - many more than lots of clubs).
So compared to the others at the time we were flush with cash.
When it became superleague and the NRL Manly's wealth paled in comparison to the new environment. Famously Arko spent some manly reserves fighting superleague which left a hole.
But nowadays every club needs a lot more money to run than in the past - and all but the broncos I think rely on the annual NRL grant. In the 70s and 80s it was cheaper to run a footy club - many players got paid well, but just as many had day jobs.