NRL Rich List

All the news on the Canberra Raiders NRL team, all in one place

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LimeGreenMachine
Brett Mullins
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NRL Rich List

Post by LimeGreenMachine »

NRL Rich List: The winners and losers from rugby league’s financial arms race

CANBERRA

The licence for the Raiders is owned by Canberra District Rugby League Football Club Limited, an entity with revenues of more than $92 million last season thanks to a network of leagues club throughout the nation’s capital and surrounding areas. The club has assets of more than $140 million and raked in a profit of more than $17 million last year, which allowed them to spend nearly $5 million on rugby league in the region. The Raiders are flushed with money – they have $52 million in cash burning a hole in their pocket according to last year’s financial reports. As well as their leagues club assets, they also own a sports club, a restaurant and a land development.

Read more: https://www.dailytelegraph.com.au/sport ... rYimrLCWdR
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bonehead
Laurie Daley
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Re: NRL Rich List

Post by bonehead »

so where did we rank?

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LimeGreenMachine
Brett Mullins
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Re: NRL Rich List

Post by LimeGreenMachine »

Top rating is 5 dollar signs
We got 4 dollar signs .

So... I don't know 😂
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greeneyed
Don Furner
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Re: NRL Rich List

Post by greeneyed »

This article is pretty old now, the DT keep recycling it. It is quite a flawed article. That doesn’t really seem to show a comprehensive understanding of the Raiders Group and their assets.
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Bluesbrother
Brett Mullins
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Re: NRL Rich List

Post by Bluesbrother »

greeneyed wrote: ↑April 25, 2024, 8:09 pm This article is pretty old now, the DT keep recycling it. It is quite a flawed article. That doesn’t really seem to show a comprehensive understanding of the Raiders Group and their assets.
This seems in keeping with general DT reporting. They are embarrassing.
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Northern Raider
Mal Meninga
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Re: NRL Rich List

Post by Northern Raider »

greeneyed wrote: ↑April 25, 2024, 8:09 pm This article is pretty old now, the DT keep recycling it. It is quite a flawed article. That doesn’t really seem to show a comprehensive understanding of the Raiders Group and their assets.
It's misrepresenting a lot of the clubs. Raiders effectively own themselves and with such large asset base and revenue stream they are as financially strong as any club can be. A number of other teams in this category too. The article confuses financial stability of clubs with that of wealthy benefactors. E.g. Roosters are on top of the list mainly because of Politis' personal wealth.
* The author assumes no responsibility for the topicality, correctness, completeness or quality of information provided.
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The Nickman
Mal Meninga
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Re: NRL Rich List

Post by The Nickman »

bonehead wrote: ↑April 25, 2024, 7:27 pm so where did we rank?

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