Try $4.8 million in property assets alone.
https://www.roosters.com.au/content...1afc179f28cb6773d/sr2017-annualreport_opt.pdf
Core properties held by the consolidated entity are:
Bondi Junction
93-97 Spring Street
Strata Tower #17320 Lot 1, 9-13 Bronte Road
80A Ebley Street, Bondi Junction NSW 2022
Kingswood
2 Santley Crescent, Kingswood NSW 2747
Berkeley
5 Wilkinson Street, Berkeley NSW 2506
Waverley
163 Birrell Street, Waverley NSW 2024
Non-core properties held by the consolidated entity are:
5A Bronte Road Bondi Junction NSW 2022
462-464 Oxford Street Bondi Junction NSW 2022
99 Spring Street Bondi Junction NSW 2022
124 Avoca Street Randwick NSW 2031
82-90 Blackwall Road Woy Woy NSW 2256
Now ask yourself why would the Roosters need properties in the areas above... could it be they are paying the mortgage for players?