Having scoured every club’s financial reports, ownership wealth and asset base, David Riccio, Brent Read and Michael Carayannis can reveal just how rich is your footy club.
Raiders
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 ... 5cc73295ea
NRL Rich List - which clubs are raking it in?
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NRL Rich List - which clubs are raking it in?
The spiral of silence refers to the idea that when people fail to speak, the price of speaking rises. As the price to speak rises, still fewer speak out, which further causes the price to rise, so that fewer people yet will speak out, until a whole culture or nation is silenced. This is what happened in Germany.
If you do not speak, you are not being neutral, but are contributing to the success of the thing you refuse to name and condemn.
If you do not speak, you are not being neutral, but are contributing to the success of the thing you refuse to name and condemn.