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- Oct 22, 2018
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That was for a whole lot more than just upgrading Belmore for football. It included arts, walks, open spaces and lots of other "multicultural" stuff.It was actually going to to be $13 mill!
The Leagues Club turned over $110m last year ($105m the year before), made $5.2m in profit ($5.3m the year before) and has $237m in non current assets plus $5.6m cash in the bank. No problem whatsoever in finding ~$13m for a grandstand on the hill with facilities (food, merchandise, toilets etc) underneath to raise the capacity to ~20k. Which is plenty for games against the non Sydney teams, Melbourne, Gold Coast, Canberra, Cowboys and Broncos. That's 5 NRL games year which is a solid payback for what would be a 20 year investment.
https://www.bulldogs.com.au/siteassets/documents/2018-annual-report_vfinal.pdf
The refurbishment of SOP, which won't be next year or maybe even the year after, gives 3 years to get it done.
Go Dogs