CENTRAL COAST BEARS » NEWS
CENTRAL COAST BEARS’ BID FOR NRL LICENSE CONTINUES TO GAIN MOMENTUM
18th July 2011
| By Central Coast Bears Media |
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The Central Coast Bears Limited are today extremely proud to announce that Bluetongue Stadium have signed off on an investment of $2 million to become a shareholder in the Central Coast Bears upon the granting of an NRL License.
Central Coast Bears CEO, Greg Florimo said:
“I am delighted to announce that Bluetongue Stadium is proactively supporting us in our Bid to become the first new franchise included in an expanded NRL competition. This is another positive stepping stone for our Club. Bluetongue Stadium’s decision to invest $2 million and become a shareholder in the Club, combined with the Bears becoming tenants of the Stadium, adds significant weight to our ongoing Bid for inclusion into an expanded NRL competition. I would like to take this opportunity to thank Mr Russell Tate, Chairman, Mrs Monique Marks, Managing Director, and the remainder of the Board and Management of Bluetongue Stadium for their ongoing support of our Bid.
This is a huge step forward for us as the remaining question mark over our inclusion had been our ownership model, and with pending announcements around other investors we can now continue to drive the activity that we believe will result in us securing an NRL License – something that we are absolutely committed to achieving for our all of our stakeholders, particularly the community.
In entering this process approximately two years ago, they key elements then in our favour were:
• A benchmark stadium
• Extremely strong junior numbers
• Filling a gap for the game in the marketplace
• Re-engaging the 700,000 person population of the north shore of Sydney for Rugby League without placing another team into the already crowded Sydney marketplace
The successes that we have continued to work extremely hard on since include:
• Nearly 7000 financial members
• Approximately ninety cash sponsors
• Business Partnership pledges and commitments at more senior levels
• Over 25,000 Facebook fans
• Strong merchandise sales and website traffic
• Government commitment to land & funding for our training facility on the Central Coast
• Official Bid Document ready to be submitted
All of the above we believe will allow us to submit a case that the new Independent Commission, when operational, will find impossible to ignore,” said Mr. Florimo.
For more information about the Central Coast Bears, visit www.centralcoastbears.com.au.
