Wouldn’t cover Latu’s strapping tape 🤣
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Wouldn’t cover Latu’s strapping tape 🤣
Here is the latest financial report from Parra - it is $12 million or so on football related expenses. less than half of Brisbane. Everyone is focusing (incorrectly) on revenues....it's the expenses that matter here.
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I told you they were Tight asses
It’s insane.
There is a caveat with all of these reports. They don't give much detail so we don't really know what goes where and to who. Like the Broncos spending 25 million...I'd like to know where that money actually goes. Likewise the Tigers...who is getting that money and for what rolePanthers annual report
Looking at the expenses on page 11., they have an amount for NRL ( $1.7m ) and an amount for Pathways ( ($2.4M ) …
Doesn’t seem a lot ?
There you go Tom. You've proven that money doesn't buy premierships. I guess just need to change the coach. Rebuild. 5 year plan. Recruit the best players...because you know...you just need to ask them and they'll accept any old offer from any old club.So Brisbane have won 1 premiership in 20 years … not a good return on all that money
Which makes their results all the more shocking. Have you considered maybe all clubs don't share the same barriers to success?Parramatta spend about 8-9 times more than we do a year and haven’t won a premiership in 40 years 😂
Crazy
There is a caveat with all of these reports. They don't give much detail so we don't really know what goes where and to who. Like the Broncos spending 25 million...I'd like to know where that money actually goes. Likewise the Tigers...who is getting that money and for what role
In saying that, 1.5 million is pitiful.
Like I said...maybe 4 million is all that's needed to put a reasonable organisation together. I don't think it needs to be 20 million. There's a point where the returns diminish.
FWIW This was reported by Chammas in 2022:Panthers annual report
Looking at the expenses on page 11., they have an amount for NRL ( $1.7m ) and an amount for Pathways ( ($2.4M ) …
Doesn’t seem a lot ?
Which makes their results all the more shocking. Have you considered maybe all clubs don't share the same barriers to success?
FWIW This was reported by Chammas in 2022:
Price of success: Panthers spending $17 million a year to dominate the game
The Panthers have revealed the price of success: the whopping $17 million the club spends on football teams each year.
A build-from-within philosophy has made Penrith the envy of the rugby league world.
The Panthers recently agreed to open the books to the Herald to provide a detailed insight into what it costs to run a successful elite rugby league program.
In 2019, the last full rugby league calendar year before COVID-19 interrupted the development programs, the Panthers spent $17.06 million on its football programs, from the Harold Matthews right through to the NRL.
For players from the club’s Harold Matthews, SG Ball, Jersey Flegg, NSW Cup, Tarsha Gale, NRL and development squads, the Panthers spent a combined:
Penrith’s domination of the NRL in recent years has not come cheaply.Getty
- $12.5 million on wages
- $1.1 million on medical costs and health fund premiums
- $450,000 on clothing
- $236,000 on travel costs
- $260,000 on housing allowances
- $220,000 on meals and entertainment
- $180,000 on tertiary education allowances
“We’re finally seeing the fruits of all our investment,” Panthers Group chief executive Brian Fletcher told the Herald. “We’ve invested a lot of money over the years and, fortunately, we’re getting repayments financially with a very successful football side. It proves the more money you put into development the more success long term you’ll have.
“We did it many years ago and went away from it – now we’re back doing it and the success is there for everyone to see. We have to stick to it in the future. You have to look at examples of all the kids now. Jarome, Nathan, Dylan Edwards, Brian To’o... we spent a lot of money on all of them from when they were 14 or 15 years old.”
“Not all of them turn out to be like them, but if you don’t take the time and spend the money to develop them, then you never stand a chance. Look where we are now. No matter how much it costs you, if you can afford to do it, there are rewards”
Aged very well lol
Oh wait...we've tried all that and it hasn't worked. Maybe we start trying things we've never done before, like invest.
Bang on mate. More money at lower levels means that young players can have more individual attention on them from coaches, there can be more seminars to teach them about training, diet and recovery, and overall the club can have more input on their development.I was mainly responding to the idea that “it’s not just money, it’s probably coaching expertise.”
But when people say “it’s more about coaching expertise,” my question is: how do you attract and keep that expertise without properly funding it?
In the NRL, money doesn’t just mean buying players. The cap limits that.
Money buys the support around the cap:
That’s the boring stuff good clubs seem to get right. And where we are not limited by a cap. It's up to us. We have to stop hoping one coach, one signing, or one freak crop of juniors fixes everything because it won't.
- better assistant coaches
- better recruitment
- better pathways and junior development
- better rehab and high performance
- better football admin and list management
Money doesn't guarantee premierships and the Broncos don’t win every year. But strong resources usually keep you in the conversation more often than not.
The clubs with the strongest resources tend to sit around the top more often. It does not guarantee titles. It does not remove luck, injuries etc. and it doesn't mean every dollar is spent well. But over a long enough period, properly funded clubs usually have more margin for error than poorly resourced ones.
For the Tigers, the answer isn’t about reckless spending. It’s sustained investment in the football department and pathways over 5 to 10 years. I don't see any other way.
Otherwise we’re basically relying on:
That might happen once every few decades, but it's not a serious plan.
- a miracle crop of juniors
- a freak player coming through/being signed
- the perfect coach that fixes everything
- A lot of luck going our way
If you want a solution that doesn't involve added expense, then you and I are sitting in the same boat, fresh out of ideas. If they won’t fund the gap themselves, then they need to find someone who will, or build a structure so good that it can genuinely outperform richer clubs and I don't have the expertise to know how one would achieve such a thing with no money.
Not enough juice in the lemon, time to take more drastic measures and squeeze the goolies, get a tight grip Shaun.Maybe we should ,.. should we pass the hat around ?
Not enough juice in the lemon, time to take more drastic measures and squeeze the goolies, get a grip Shaun.
If the talk is true and all three rumoured do go, there might be room for Blore, he would be an upgrade on Seyfarth, as players go you need better coming in not always easy to do, need to be patient.Let’s hope they do something mate ..because she’s looking a bit grim and not a lot seems to be changing next year … Averillo better be some kinda player
Yes …most of this money comes from the NRL and the Tigers get the same
We haven't got any money for a hatMaybe we should ,.. should we pass the hat around ?