What I would like to know is that how could the Titans be trading insolvent yet still offering an all time record amount contract for DCE.(he will be the highest paid now, wont he>?).
Then the directors who knew of their insolvency were rewarded with a new job with a new shareholder. Company directors who trade whilst insolvent are fined and/or jailed and not allowed to hold a directorship again.
Then they up the amount of what they can offer with further support of the NRL and the 3rd party deals that we will never know about. It gives the Titans an unfair advantage over all opposition teams. Had the Titans been placed into administration they would have been given the chance to trade out of their issues, by tightening their belt and cutting costs like every other corporate in Australia have to do when in the same position. It just doesn't get fixed up overnight like this fiasco has.
The Titans have been rewarded for poor management and given an armchair ride to do whatever they want and its illegal and morally wrong by 2D1cks Smith and his "independent" commission.