NRL Rumour Mill Thread (Spoilers)
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sharkies4eva
GO COUNTRY!!!!
with that list of one club players, can we just go back to calling the dragons illawarra
The Villain
TOON TOON
it's getting funny now
The Villain
TOON TOON
they need all the help the can get at the moment they stink
AyiosYiorgos
Card Addict
aah didn't watch it, but ws told
Titans media release: Titans Property Trust sells Centre of Excellence
The Jetstar Gold Coast Titans have taken a major step towards securing the club’s financial future after today finalising the sale of the club’s multi-million dollar home, the Centre of Excellence.
Long-term supporters of the Jetstar Titans Phil Ward and Bob Clark today signed a contract to purchase the CoE for an undisclosed... amount.
The Titans Football Club operation will remain as a tenant of the building.
New owners Mr Ward and Mr Clark said they were pleased to be able to assist the Football Club shore up its financial future.
“We are happy that we have been able to bring some finality to the financial difficulties faced by the Titans’ Property Arm in what is also a commercially sound proposition for us,’’ said Mr Ward.
Mr Clark added: “we are pleased that the sale of the CoE will allow the Football Club to move forward in its dealings with the Australian Rugby League Commission (ARLC).’’
In an important step, the sale of the CoE will see the release of all current guarantees and guarantors on the building with the provider of the loan, the Commonwealth Bank.
Jetstar Titans legal representative Ashley Tiplady from Nyst Lawyers said it was a major boost for the club’s Property arm.
“The sale of the building totally retires the loan facility which was in place with the Commonwealth Bank. The building issue is now behind the club which can now focus on the season ahead,†said Tiplady.
Jetstar Titans Managing Director Michael Searle said the sale of the building would alleviate the financial pressure that had been placed on the club’s Property arm.
This greatly assists our current financial position as we continue to work with the ARLC on positive outcomes for the future,’’ said Searle.
"We are very pleased to be able to achieve this outcome in what is the first and vital step to secure the long term future of the Titans.
“We will continue to work with the ARLC around the Football Club funding requirements and we are openly communicating with David Gallop and his team.
"This certainly is a step in the right direction and we will commence discussions with the new owners around a long term lease to suit our needs moving forward.
“I am focused on ensuring the longevity and sustainability of the Titans on the Gold Coast.’’See More
The Jetstar Gold Coast Titans have taken a major step towards securing the club’s financial future after today finalising the sale of the club’s multi-million dollar home, the Centre of Excellence.
Long-term supporters of the Jetstar Titans Phil Ward and Bob Clark today signed a contract to purchase the CoE for an undisclosed... amount.
The Titans Football Club operation will remain as a tenant of the building.
New owners Mr Ward and Mr Clark said they were pleased to be able to assist the Football Club shore up its financial future.
“We are happy that we have been able to bring some finality to the financial difficulties faced by the Titans’ Property Arm in what is also a commercially sound proposition for us,’’ said Mr Ward.
Mr Clark added: “we are pleased that the sale of the CoE will allow the Football Club to move forward in its dealings with the Australian Rugby League Commission (ARLC).’’
In an important step, the sale of the CoE will see the release of all current guarantees and guarantors on the building with the provider of the loan, the Commonwealth Bank.
Jetstar Titans legal representative Ashley Tiplady from Nyst Lawyers said it was a major boost for the club’s Property arm.
“The sale of the building totally retires the loan facility which was in place with the Commonwealth Bank. The building issue is now behind the club which can now focus on the season ahead,†said Tiplady.
Jetstar Titans Managing Director Michael Searle said the sale of the building would alleviate the financial pressure that had been placed on the club’s Property arm.
This greatly assists our current financial position as we continue to work with the ARLC on positive outcomes for the future,’’ said Searle.
"We are very pleased to be able to achieve this outcome in what is the first and vital step to secure the long term future of the Titans.
“We will continue to work with the ARLC around the Football Club funding requirements and we are openly communicating with David Gallop and his team.
"This certainly is a step in the right direction and we will commence discussions with the new owners around a long term lease to suit our needs moving forward.
“I am focused on ensuring the longevity and sustainability of the Titans on the Gold Coast.’’See More
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