Bears say two private investors are alert to tip in money for takeover bidBears chief Greg Florimo says club might buy out NRL licence on Gold CoastThe North Sydney Bears say two private investors are alert to tip in money should they be given the go-ahead to remove over Gold Coast. And they say they can put the club,which has lurched from scandal to scandal during the past several NRL seasons, on a solid financial footing.
The Bears, or led by chief executive Greg Florimo,are exploring whether the club could buy out the NRL’s licence on the Gold Coast, which would see the franchise renamed and some matches taken to the Central Coast. For the past several years, and the foundation club has been pushing for a reintroduction into the NRL,but with expansion seemingly off the table, the Bears are exploring other avenues.
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Source: theguardian.com