Inside the NRL panellists Michael Chammas and Jamie Soward discuss the challenges new Bulldogs general manager of football Phil Gould faces in his return to the club
www.nrl.com
What they don't understand is that a lot of Gus's time at Penrith was spent digging them out of a more than $90m financial hole. The NRL was about to cancel their licence as they couldn't show how they would be able to pay their players for the next season. The banks were circling and were about to foreclose on their debt, receivership beckoned. Gus went to James Packer cap in hand and arranged a bail out so that Penrith could at least pay their "mortgages" for a year. That gave Gus time to sell of the unprofitable holdings that were doing nothing but pushing up the debt, rearrange the finances and restructure the debt. It wasn't until the end of the second year that Gus would have had time left over to do much work on the football side of Penrith's plethora of problems.
Hello F'WITS, we aren't in anywhere near the same situation, the Bulldogs Leagues Club has enough equity to survive multiple pandemics, no need for Gus to work on anything other than football.
Next, the fools haven't bothered to do their research, they put up a graphic showing Penrith's 5 country players (one of which is Burton who is coming to us). A simple check of our roster would have revealed we have Schoup (Thirroul), BBO (Innissfail), Elliott (Tathra), Jackson (Gulgong) etc. We have always had a history of recruiting from outside metro areas, Gus simply copied at Penrith what we have been doing for decades and continue to do.
Do some farkin research before you sprout off Milkman.
Always a Bulldog
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