CASH strapped Gold Coast Titans have entered sell-off talks with the consortium backing Papua New Guinea's NRL bid in a shock move that could see Port Moresby host top line matches....(The daily Telegraph)
Looks like PNG will buy shares in the Gold Coast Titans.And Port Moresby will be the host to 3 or 4 Titans games if the deal goes through.
Titans job is to give more exposure to the PNG NRL bid for 2015.Also they need the money
Titans clarify position on PNG
16/11/2011 5:06:45 PM
The Jetstar Gold Coast Titans wish to clarify that whilst there have been discussions about Papua New Guinea becoming aligned to the Titans in a number of different ways, the club has not entered into ‘sell-off talks’ with the PNG consortium and will not be transferring home games to PNG as reported in media outlets today.
Jetstar Titans Managing Director Michael Searle said the club had been approached by the PNG consortium earlier this year to seek advice on various aspects of their push to join the NRL but no formal agreement had been reached.
“The reality is some nine months ago we were approached by a PNG consortium who identified the Titans as a dynamic and successful best-practice model for PNG’s aspirations of eventually entering the NRL,’’ said Searle.
“They felt they could learn from our experience about successful player recruitment, performance and commercial viability whilst continuing to achieve our objectives in the community around Health, Education, Training and Employment
“They have since put forward various proposals on the table for discussion, including talent exchange programmes, social delivery of key messages around education and employment and a potential equity investment but we have not yet determined how best we can assist PNG’s goals in this space.
“One thing is for sure, the Titans are a Gold Coast team, and will always remain that, regardless of whether we agree to any link to PNG.
“We’ll definitely continue to encourage and assist any initiative to involve PNG in the NRL, however, the club’s stakeholders will not be selling any of their equity in the club.”
The Jetstar Titans will make no further comment on the issue.
so they get rid of paul and bev by manipulating a conflict of interest
with the broncos sponsorship deal and now they want to do business with them...lol
you are smooth operators aren't you?
grab those dollars while it last as it's all coming to an end