Quote TheButcher="TheButcher"Sounds very impressive which makes my next question even more pertinent...
What would Newcastle be getting out of the deal?
Except, maybe, financial security from MK, on the playing side of things it would only ever be one way. I can see the benefits from an off-field point of view where knowledge and experience can be shared to everyone's benefit. Don't get me wrong, I'd love a close partnership with an NRL Club I'm just struggling to see where Newcastle would benefit.'"
Well you already said it.
Financial security.
Most clubs in Australia have licenced clubs, or giant poker machine palaces, backing them and covering any loses they make.
Newcastle started in 1988 with zero assets and relied for over 20 years on balancing the books with only football related revenue, which meant they were always in the bottom 2 or 3 clubs when it came to budget for football operations. Our two premierships came from the outstanding quality of our local juniors (thankyou Andrew Johns etc).
Three years ago a local guy who had made a tidy billion dollars before he turned 40 by riding on the coal price boom offered to buy and fund the club, which he did by putting in 20 million of his own money over three years, but the crash in the coal price and his habit of spending money like it is going out of fashion basically wiped him out (speculation is he is worth between 30 and 300 mill now), and he has handed back the licence, along with 5 mill to keep us going.
Anyway, we either go back to spending far less than other clubs, or find a new owner and keep spending as much as the top 2 or 3 clubs.
So far we have got bugger all for all the money spent, except for all the best staff and facilities possible.