NRL DIGITS DON’T ADD UP
THE NRL still hasn’t secured the $30 million bank loan it so desperately needs to fund the 16 premiership clubs, with the first instalment of grants due to be paid by the end of next month.
So far, the NRL has been knocked back by several lenders but is still in negotiations with a leading bank. Time is fast running out.
Many of the clubs rely on the grants to keep their own businesses running.
It is astonishing that the game remains in such a financial mess yet the NRL is about to employ 35 new staff members for its digital media department.