Peter Cumins has defended the decision not to offer a licence fee, which led to the submission being rejected.
The chairman of the failed Perth bid has broken his silence on having a proposal to enter the NRL rejected at the 11th hour, claiming his consortium couldn’t absorb a multi-million dollar licence fee but was still open to returning to the negotiating table.
But they were shocked when NRL boss Andrew Abdo rang Cumins to inform him the bid wouldn’t be accepted as the NRL’s 18th team in 2027. “We’re a start-up in an AFL state, so our start-up costs are massive. There’s a $16 million burn before you even kick a football. We’re bringing new eyeballs to the game to help with negotiating broadcast rights, new sponsorship dollars because we’re not competing with east coast sponsors.“None of it commercially made any sense , which is why we elected not to.”
“North Sydney will be part of any deal that will be done,” he said. “But the business case has to stack up, and if we don’t have confidence in it, then how can we take it to our members?”
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