Our Cap situation.

[Liddy]

Its all about money and has been for a few years, but no team comes out and tells the world their broke, it scares off sponsors, players and punters. So they keep giving us spin that the cap was in a massive mess and it is going to take another year to clean up the mess. By 2017 they hope to have cleared up some debt so they can than hit the market place, but the hole will be probably bigger on the back of two disastrous years. I think they are in a downward spiral that is gaining momentum and will take a miracle to stop it

I agree SC….

By the time 2017 rolls around we may well be a basket case.
Judging by 2015 results, 2016 may well be very similar.

It's a bit like a death spiral...once you are in it, it's very hard to pull out.

We can only hope that 2016 may well bring the emergence of some younger players who will give us some hope for the future..

 

[lathami]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

 

[GNR4LIFE]

I posted this in another thread .
diedpretty » Sat 11 Jul, 2015 4:41 pm

It's hard to fathom where all the money is going. In 2014 we received 7.5 million as our NRL grant. Wests Ashfield funded 2.2 million as per their financial report and the NRL paid 4 million to cover Balmains missed contributions. That's a total of somewhere between 13.5 and 14 million. Add income from merchandise, memberships and ANZ enticements which would probably add up to another .5 million.
We must have run up a hell of lot of debt if we are struggling to find money.

Maybe money is being syphoned into Swiss bank accounts. Would explain why so much is coming in and nothing is coming out the other side.

 

[Newtown]

I posted this in another thread .
diedpretty » Sat 11 Jul, 2015 4:41 pm

It's hard to fathom where all the money is going. In 2014 we received 7.5 million as our NRL grant. Wests Ashfield funded 2.2 million as per their financial report and the NRL paid 4 million to cover Balmains missed contributions. That's a total of somewhere between 13.5 and 14 million. Add income from merchandise, memberships and ANZ enticements which would probably add up to another .5 million.
We must have run up a hell of lot of debt if we are struggling to find money.

Maybe money is being syphoned into Swiss bank accounts. Would explain why so much is coming in and nothing is coming out the other side.

Worse still it could have been invested in Greece.

 

[Flippedy]

Let's face it, our cap's on backwards.

 

[cochise]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

You cannot compare what the % the NFL give clubs to what the NRL does, it is not that simple and someone like Politis knows that.

NRL funds all forms of the game from junior leagues right through to international football. The only responsibility that the NFL has is the running of their elite competition, they are not responsible for the grassroots levels of their game. Look at College football in the USA as an example, that is a completely self sufficient level of the game. Junior leagues are played at the school level.

If the NFL was to provide funding to all the various leagues around the country like the NRL do, do you really believe that they would be providing 66% of their income to the teams that participate in the elite competition.

 

[grahamr]

If we are anywhere within cooee of the salary cap I wouldn,t let these idiots we call management anywhere near my lunch money!

 

[goldcoast_tiger]

Might be in everyone's best interests if the club finally came clean with members/fans over its exact cap financial and player recruitment situation. Maybe a meeting between the acting CEO, Board members, club coaching staff and interested club
members and fans where questions can be asked and answered is the way to go.

Only one problem with that is that I doubt that too many people would believe a word that they would say.
Some of our admin would sell Granny rather than come out with what's really happening in this club, and the spin will just keep rattling on until 2017 when it will be turned up to full speed to save jobs, and contracts

 

[lathami]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

You cannot compare what the % the NFL give clubs to what the NRL does, it is not that simple and someone like Politis knows that.

NRL funds all forms of the game from junior leagues right through to international football. The only responsibility that the NFL has is the running of their elite competition, they are not responsible for the grassroots levels of their game. Look at College football in the USA as an example, that is a completely self sufficient level of the game. Junior leagues are played at the school level.

If the NFL was to provide funding to all the various leagues around the country like the NRL do, do you really believe that they would be providing 66% of their income to the teams that participate in the elite competition.

Look I here what your saying but the last tv rites sold for 1 billion dollars, 5 years before that I think it was 500-600 million.
Yet how much did the grant money go up, not by double….????
Mate, all the clubs are in massive financial trouble and the NRL just wait for them to fall in a heap before helping. A JOKE...
Maybe when they sell the rites to the next tv deal they will give us another million dollars to manage our clubs. Seriously...
Meanwhile super league clubs that defected were given 10 million a year extra for ten years. But loyal clubs that stayed with the ARL got squat.
That why clubs like the dogs are in such a good financial situation.

 

[Jerry_Seinfeld]

Meanwhile penriff aren't getting rid of talented players like we are!
If you want to rebuild a club keep the promising juniors, let the crap go!
Also get rid of kimmorely and fletcher go to hell…
Start with some good up and coming coaches first the 2 above have had their day, and it was crap....

Everyone says how great Penrith have done and how poorly we have done because we were the idiots to let Blake Austin go…..Anyone hazard to guess who got rid of Blake the year before us????????? :astonished: Pretty sure a two years from now we will be calling Phil Moss the best buy for us in ages.Right now there is a lot of pain but the long term thinker in me can see how two years from now we will be in a great salary cap position like this club has never seen.Put simply who ever came to the club ALA JT/Moss and co inherited a shipwreck and it was impossible to fix it over night.

Also one of our biggest salary cap problems last year was Chris Lawrence who was an overpriced often injured dud of a centre now he is becoming an impressive back rower who is playing each week and because of this fact he is actually becoming a bargain for us compared to years past.Thank Christ we now have a coach who can see that Lawrence isn't a centre and that he replaces centres with centres and forwards with forwards whenever possible.The problem for JT is currently we are light on for cattle.

I look forward to two years time and I foresee the irony that the two positions we need most at the moment in 2nd rower and centre WILL be filled by two future stars at this club already. Bailey Sironen and Marion Seve.

 

[TYGA]

Interesting strategic plan on WT website. Basically we are aiming top 4 by 2017.
We will run last until then.

http://www.weststigers.com.au/content/dam/tigers/documents/Wests%20Tigers%20Strategic%20Plan_FINALv2.pdf

 

[InBenjiWeTrust]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

You cannot compare what the % the NFL give clubs to what the NRL does, it is not that simple and someone like Politis knows that.

NRL funds all forms of the game from junior leagues right through to international football. The only responsibility that the NFL has is the running of their elite competition, they are not responsible for the grassroots levels of their game. Look at College football in the USA as an example, that is a completely self sufficient level of the game. Junior leagues are played at the school level.

If the NFL was to provide funding to all the various leagues around the country like the NRL do, do you really believe that they would be providing 66% of their income to the teams that participate in the elite competition.

Look I here what your saying but the last tv rites sold for 1 billion dollars, 5 years before that I think it was 500-600 million.
Yet how much did the grant money go up, not by double….????
Mate, all the clubs are in massive financial trouble and the NRL just wait for them to fall in a heap before helping. A JOKE...
Maybe when they sell the rites to the next tv deal they will give us another million dollars to manage our clubs. Seriously...
Meanwhile super league clubs that defected were given 10 million a year extra for ten years. But loyal clubs that stayed with the ARL got squat.
That why clubs like the dogs are in such a good financial situation.

Hear, hear

NRL continues to treat clubs as the 'necessary evil'. Much more of TV royalties shall be distributed to the clubs.
The biggest joke is that clubs take all the risks and get zero compensation while
TV/NRL takes zero risks and takes all of the profit.

As I suggested earlier, % of SOO profit shall be distributed to the clubs that contribute players, i.e. 30% of the profit from each game can be equally distributed to clubs that provide 28 players.

Another issue, if TV/NRL insists to play this mickey mouse game during the season, clubs shall protect themselves by offering NSW cup players only, so selectors can choose between Moltzen, Buchannan, Lulia etc. and leave Farah, Woods and Tedesco to serious competition for which they are paid for.

 

[cochise]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

You cannot compare what the % the NFL give clubs to what the NRL does, it is not that simple and someone like Politis knows that.

NRL funds all forms of the game from junior leagues right through to international football. The only responsibility that the NFL has is the running of their elite competition, they are not responsible for the grassroots levels of their game. Look at College football in the USA as an example, that is a completely self sufficient level of the game. Junior leagues are played at the school level.

If the NFL was to provide funding to all the various leagues around the country like the NRL do, do you really believe that they would be providing 66% of their income to the teams that participate in the elite competition.

Look I here what your saying but the last tv rites sold for 1 billion dollars, 5 years before that I think it was 500-600 million.
Yet how much did the grant money go up, not by double….????
Mate, all the clubs are in massive financial trouble and the NRL just wait for them to fall in a heap before helping. A JOKE...
Maybe when they sell the rites to the next tv deal they will give us another million dollars to manage our clubs. Seriously...
Meanwhile super league clubs that defected were given 10 million a year extra for ten years. But loyal clubs that stayed with the ARL got squat.
That why clubs like the dogs are in such a good financial situation.

The previous tv rights deal which started in 2007 was for $500 million and yes the NRL signed a billion dollar deal which started in 2013\. The NRL club grant in 2012 was 3.85 million and raised to 7.1 million in 2013 so it was raised by a bit less than double. The 2013 grant was 184.5% of the 2012 grant.

I actually agree that the NRL grant should be higher than what it is, I think around 40% of NRL income would be about right. That would raise the NRL grant to $8.3 million for each club.

 

[lathami]

Again, this is down to the crap NRL system!
Even politis got it right, they don't fund clubs enough. They give clubs I think 34% of money they make, and the NFL give their clubs 66%.
Then the NRL wait till clubs almost go broke, then bail them out with restrictions!!
Politis is right it's a joke, apart from like 3 or 4 clubs most are close to being broke!
Who's fault really is it????
NRL needs to remember its the club people support not the NRL….
I also like that the NFL divide the gate takings amoungst all the clubs, much fairer.

You cannot compare what the % the NFL give clubs to what the NRL does, it is not that simple and someone like Politis knows that.

NRL funds all forms of the game from junior leagues right through to international football. The only responsibility that the NFL has is the running of their elite competition, they are not responsible for the grassroots levels of their game. Look at College football in the USA as an example, that is a completely self sufficient level of the game. Junior leagues are played at the school level.

If the NFL was to provide funding to all the various leagues around the country like the NRL do, do you really believe that they would be providing 66% of their income to the teams that participate in the elite competition.

Look I here what your saying but the last tv rites sold for 1 billion dollars, 5 years before that I think it was 500-600 million.
Yet how much did the grant money go up, not by double….????
Mate, all the clubs are in massive financial trouble and the NRL just wait for them to fall in a heap before helping. A JOKE...
Maybe when they sell the rites to the next tv deal they will give us another million dollars to manage our clubs. Seriously...
Meanwhile super league clubs that defected were given 10 million a year extra for ten years. But loyal clubs that stayed with the ARL got squat.
That why clubs like the dogs are in such a good financial situation.

The previous tv rights deal which started in 2007 was for $500 million and yes the NRL signed a billion dollar deal which started in 2013\. The NRL club grant in 2012 was 3.85 million and raised to 7.1 million in 2013 so it was raised by a bit less than double. The 2013 grant was 184.5% of the 2012 grant.

I actually agree that the NRL grant should be higher than what it is, I think around 40% of NRL income would be about right. That would raise the NRL grant to $8.3 million for each club.

Yer kind of they gave clubs $3.2mill, but $1.2 mill was for signage at games. Which would have been money they would have had any wa, so really nrl gave $2 mill. Because the nrl makes money of that signage!!!!
Not enough!!! Should be at least 50% of the grant.
With so many clubs struggling + support from nrl to help clubs manage finances better!

 

[cochise]

With the unique setup of sport in this country where the elite competitions are responsible for the funding of all levels of the game I feel that 50% would be too much to be funded directly to the clubs. I will however do the maths for you and we can have a look at what the grant could possibly be if the clubs received 50% of the NRL income.

If the NRL were to fund clubs at 50% of the NRL income the clubs would be looking at a club grant of $10.4 million a year.

 

[Cultured_Bogan]

Our current situation reminds me of this…


 

[GNR4LIFE]

Our current situation reminds me of this…


More like this

https://www.youtube.com/watch?v=3tVzxIl6aeE

 

[Cultured_Bogan]

Or this:

https://www.youtube.com/watch?v=FeFxuOV-8rY