NRL for sale? League would consider private investment, says V’landys

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NRL for sale? League would consider private investment, says V’landys | proshenks

– publisher of this masthead – which has labelled it's head office "bloated" and "completely ignoring the needs of the clubs, players and supporters."

"People want to invest more than less," Kline explained. "What I mean by that, it’s much more interesting to go in and buy an entire league or lend them money so that the league can source that money out to every team, as opposed to buying just one team. "Some of our clients do want to buy one team. We have a client that absolutely wants to buy a specific asset in the country because he loves the country and owns teams in the US."To him it’s a lifestyle play as a one-off team. But for the most part, our institutional clients, our institutional investors, they would much rather ... back the growth of a league."

"Park Lane are an investment bank, but there are lots of other things they do," said Unbnd chief executive Antony Arena.

 

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proshenks What no money after the deal with Nine one billion.dollars as advertised ..?

proshenks V'landys should stand in Pitt St holding a sign that says 'Desperate for money. Please help.'....would be appropriate given their conduct thus far.

proshenks Private investment? They have only survived since the Super whatever it was because of Newscorpse/9 backing. Stupid game for stupid, one trick people.

proshenks NRL needs a philanthropist not PE.

proshenks Um, no PE organisation would consider investing.....basket case

proshenks They should sell they are hopeless 2020 is finished 😮

proshenks Here we go. Sell the game of RL to an entrepreneur. This smacks of Geoffrey Edelsten all over & we know how that worked out. Grand pianos in dressing rooms. Pink helicopters landing inside the stadiums. Can’t wait. 👎🤓

proshenks The V'landy shakedown: 'Nice league you got there, be a shame if something...happened to it!' He's gone from 'We'll kill it off' to 'We'll sell it off' to 'We'll kill everyone'. No sane investor would tip their money into this mismanaged money pit.

proshenks Am I the only one who thinks it’s totally absurd that the NRL is apparently being allowed to train and prepare for a late May restart, whilst I’m likely to get fined if I played a game of park footy with more than one friend? Why is there one rule for them and another for us?

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