Should NRL clubs get perpetual licences?

[Jethro]

Should NRL clubs get perpetual licences?
July 8, 2016 - 8:54AM
Steve Mascord
Rugby league columnist

DISCORD


Is the NRL right to offer its current 16 clubs permanent places in the competition?

Clubs have reportedly accepted, in principle, an advance of $1.125 million each which will take the form of a loan until the new licensing agreements can be agreed upon. These licences grant the teams franchises "in perpetuity". There is still much work to do before the 16 clubs and headquarters can agree on these agreements, however.

Click here to read the full article at smh.com.au​

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[Harvies elbow]

So what happens if a club goes bust? All bets off or do they have to bail them out?

 

[HappilyManly]

So what happens if a club goes bust? All bets off or do they have to bail them out?

Then they could sell off their licence.
The Bears could buy one

As there are only 16, it would be lucrative to do so. NFL, NBA constantly do it