THE game of rugby league is on the verge of being handed back to the people with the long-awaited independent commission just weeks away from becoming a reality. http://www.dailytelegraph.com.au/sport/nrl/deal-gives-fans-their-game/story-e6frexnr-1225804908450
"Melbourne Storm is likely to be sold to a consortium for just $1 in a paperwork transaction that allows News Ltd to leave the game; David Gallop will remain as CEO for three to five years;" I'll give $5 for Melbourne and then take them to the Alice Springs comp. Galloping Goose for another 5 years? - just too depressing.
Who would buy a team that can win two comps and three minor premierships but still lose over 5 million per year with no prospects of ever making a profit in a city that doesn't care about them?
So who gets our share? The business or the football club? If it is the football club then it would be also a way for the people to eventually get their team back as well but a lot quicker.
Please submit these via articles >> submit article. Just putting "news" in front doesn't put it through the system correctly
Why retain Gallop? This is a great chance to give him his marching orders. And a $18m "severance" payment is semantics. It's still providing the Storm with an uneven playing field. I presume the new entity will have to go into debt to cover the $18m which reduces profit share to the rest for years.
