Quote:
Originally Posted by one five five
Didn't News learn their lesson on the headaches of owning a sport with the Super League debacle?
They happily got rid of their ownership interest in the NRL a few years ago.
That is the angle that surprises me about their interest in buying in?
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News is till in there.
The Broncos are the only publicly listed NRL club. The parent company of the Brisbane Broncos is Nationwide News Pty Ltd., a subsidiary of News Limited, which as of 30 June 2007, owns 68.87% of Broncos shares.
they did own storm, but sold them in 2013.
May 20, 2013 - The Melbourne Storm has been sold by News Ltd to a private consortium gathered by NZ entrepreneur Bart Campbell.
But the article below , does bring out a fair point , in regards to owning and running the show, and then buying into teams within the series.
https://www.crikey.com.au/2010/04/28...s-of-interest/