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The most important thing about a Sharks exit

Discussion in 'Rugby League Forum' started by Matabele, May 22, 2009.

  1. Matabele

    Matabele Well-Known Member

    +516 /14
    These clowns have been given a grant of millions to upgrade their Stadium and they've parked it in investments as they rely on the interest for their survival.

    If they are forced to exit I think Mayer could make a very good case for those funds to be diverted to the Brookvale Oval upgrade as Shark Park will no longer need the cash. 
  2. Jethro

    Jethro This space is for rent Staff Member Premium Member 2017 Tipping Competitor

    +2,307 /13
    It sounds like a good idea to me.
  3. DSM5

    DSM5 Well-Known Member

    +516 /0
    I thought they relied on a whopping overdraft to survive.  I'm sure that St George bank, aka Westpak would have something to say about the diversion of funds from the Sharks to a third party, namely us.  I think we'd be better of going for the return of the 200K we lent them years ago.  Better get in line now. 
  4. Matabele

    Matabele Well-Known Member

    +516 /14
      Imagine what their overdraft would be without the $10million for the Stadium they're sitting on.

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