Breaking News Today – The Brisbane Jets Are Biding For the NRL’s 17th Franchise
The Jets’ bid for the NRL franchise was presented to the NRL expansion committee on Tuesday, with the club sitting in third place behind the Western Corridor and Bombers. The decision on the Jets’ bid will not be made until June, with the expansion committee set to meet again in early April. However, Livermore is confident the ARLC will approve his bid, despite concerns about the Jets’ financial standing.
It is unclear how much the Jets are willing to pay for the franchise, but many investors believe they can earn a profit in the short term. The Jets have spent hundreds of millions of dollars on equipment and facilities, and they have a large number of potential partners. The owners have said they will never be able to afford $1 million for their franchise, but that will change if they are merged. However, if the Jets do merge with the Broncos, the franchise will be a success.
The Jets and the Broncos are in talks to merge, although this is not a done deal yet. While this is a good move for the Jets, the NRL is wary of expanding and treading on existing franchises. However, Livermore reassured Jets fans that they wanted their team to succeed, not the Broncos. As for the franchise name, he said it is up to the ARL commission.
The Brisbane Jets have launched a last-ditch pitch to the NRL for a 17th franchise. They have already secured two-thirds of the required $12 million in guaranteed funding, equity in the club from private investors, and more than $4 million in annual sponsorship. The NRL and the Jets’ financial model have been carefully scrutinised by their advisers. According to the model, the Jets’ reserve funds would grow each year to $47 million by 2027.
The Jets are the feeder team for the Newcastle Knights. In fact, there are more than 11,000 registered players in the two regions. The team has had two players who have played for the Jets during their career. The two former players, Allan Langer and the Walters brothers, are loyal fans of the Jets. The club also has the support of Johnathan Thurston and Arthur Beetson, two notable Queensland Origin players.
While the expansion bid of the Queensland Rugby League is still in the early stages, the bid to expand the NRL to Brisbane has the potential to be successful. The franchise would play its home games at Lang Park, but would have to split their games between Redcliffe and Ipswich. Since the Jets would play home games in both locations, the team would be able to expand their fan base in both places.
The NRL expansion committee’s decisions on which franchise will be the next club in the league will be based on the presentation of the three clubs. In the meantime, the three teams will be making presentations on their respective proposals. The three clubs have made public statements declaring their interest in expanding the NRL, with News Corp having committed $75 million to the league in the next five years. The investment in the NRL’s expansion has been bolstered by the future broadcast deal between the team and News Corp.
A merger of the Bombers and Ipswich Tigers is expected to be the best opportunity for the Jets to grow. They are expected to make a profit within two years. However, it will not be easy to get the franchise. The Jets are unlikely to be a profitable business, and their expansion plan would cover half of the city. But that’s no reason to give up. There’s a good chance it will survive.
The NRL is looking for an extra team in Brisbane, and the Redcliffe Dolphins have emerged as the most likely candidate. The team will be based in Redcliffe and share a stadium with the Broncos. In 2023, the Redcliffe Dolphins will join the NRL as the 17th team. They will share Suncorp Stadium with the Broncos. This will be the only team in the NRL to make this claim, as they are not a part of the city.
