19th Man
All Australian
Congrats to Belmont! I too jumped on the bandwagon a couple of weeks ago, and they have achieved what many thought not possible.
BUT!, I hope these rumours that are circulating, are not true.
It is alledged that at the end of last season, the Lions were heavy in debt, and the possibility was that they could fold. All GDFL clubs took a reduced share from the Buckley's dividend in order to help Belmont pay off their debt, and remain in the competition. To my knowledge, that money they received went towards paying for players (Haami, Tate etc) and to this day, still remain heavily in debt. Most clubs are rumoured to be displeased with this outcome.
But hey, they are now the best team in the comp!
BUT!, I hope these rumours that are circulating, are not true.
It is alledged that at the end of last season, the Lions were heavy in debt, and the possibility was that they could fold. All GDFL clubs took a reduced share from the Buckley's dividend in order to help Belmont pay off their debt, and remain in the competition. To my knowledge, that money they received went towards paying for players (Haami, Tate etc) and to this day, still remain heavily in debt. Most clubs are rumoured to be displeased with this outcome.
But hey, they are now the best team in the comp!