Official Gus on Twitter

NPC83

NPC83

Kennel Addict
Gilded
Joined
Jul 9, 2019
Messages
6,979
Reaction score
10,909
BELMORE said:
Is he really on 650 though? Have we got any brokers on the kennel?

The apartment sale price was 1.5mish, let’s say he borrows 1.4 and his mums house is used as security.

1.4m loan is close to 2k per week repayments, single guy, no dependants.

That’s high risk for a lender I’d imagine. Oh wait he’s got Mark Bouris the dodgy **** sorry forgot about that.
Click to expand...
Yes- nothing wrong with your calculations although a fair few variables. He may rent it out first or at least told the bank that. Or his YBR broker did. Deposit could be lent from uncle Nick (or associate) and paid back at 0% interest if he really wanted. Makes him feel more indebted to the roosters. Wouldn’t need mums house can borrow 95% LVR as first home buyer.

New stamping policy doesn’t come into play until January but that’s ok he probably asked for a delayed settlement to qualify. LMI would be quite a few K but could have lent that also. And this is assuming he has no deposit or funds of his own.
 
Last edited:
L

Lynchpin

Kennel Established
Joined
Mar 19, 2022
Messages
838
Reaction score
1,619
NPC83 said:
You think he borrowed the money from uncle Nick?
Click to expand...
Perhaps "through" rather than "from" - there would be benefit from an "arms length" transaction.
And this will be no retail transaction. Forget collateral, capital, and capacity. Actually, forget character and conditions too - it will all be "vouched for" in advance.
When players are staying or coming "for less", that ain't really the case. We're only ever talking "cap", not in total.
 
flamebouyant

flamebouyant

Kennel Legend
Joined
Sep 27, 2016
Messages
10,109
Reaction score
14,972
1967 said:
@DinkumDog …. the thing with most marketing firms is they’re very good at getting your content out there but most don’t have the skill set to sell or convert… plus when they see its the Bulldogs NRL club they probably add a few extra zeros to the bottom line.

If the club chose a company that’s primary focus is sales but also has a team with marketing capabilities, they could get plenty of good content out to the fans while also focusing on membership and growing the numbers, that’s where the club would get their ROI .. also there’s plenty of free social media platforms inc their website where fans could view plenty of content, so it doesn’t need to get overly expensive.

Theres thousands of Bulldog fans all over Australia that are non paying members, and never have been, with the right strategy and approach these Doggies fans could become paying members ..

I sent all this in an email to the club explaining what my company could do for them, but I never got a reply ..
Click to expand...
Not even getting a reply just shows how low a priority it is to them. Pretty poor as far as im concerned.
 
GUSLER

GUSLER

Kennel Established
Joined
Apr 21, 2015
Messages
880
Reaction score
825
BELMORE said:
Yeah first thing I thought of when I saw that was paper bags. He wouldn’t be able to get a loan from anywhere with his contract amount. Is he really on 650k?
Click to expand...
Yep, according to Rothfoled
 
BELMORE

BELMORE

Kennel Addict
Joined
Oct 28, 2013
Messages
7,977
Reaction score
9,303
mez said:
You know a bit about loan servicing I was wondering if you work in finance or if purchase property a lot?
Click to expand...
Don’t work in finance, just have been through a few transactions
 
  • Like
Reactions: mez
Bulldogsteve

Bulldogsteve

Banned
Premium Member
In the Sin Bin
SC H2H Champion
SC Top Scorer
Joined
Jun 29, 2020
Messages
8,007
Reaction score
14,535
B-Train said:
To be fair every players goal is to play FG to start the season, so I wouldn't read too much into that.
Click to expand...
of course but we can still dream cant we )
 
You must log in or register to reply here.
Top