NRL issues statement on Titans ownership

NRL issues statement on Titans ownership Written by STAFF WRITERS, February 24, 2016

THE NRL have issued a statement saying they are not a long term holder of the Gold Coast Titans licence.

The statement follows today’s news from RLW‘s The Mole that there are moves by the North Sydney Bears to buy out the Titans franchise and rename the team the Gold Coast Bears.

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The Bears already have a presence on the Gold Coast, with Seagulls Leagues Club in Tweed Heads owned by North Sydney Leagues Club.

An NRL spokesman said on Wednesday the governing body will look to sell the club at the appropriate time, to ensure future ownership is the right fit for the club, the Gold Coast community and the game.

“The NRL has had very preliminary talks with several parties which have expressed interest in the Titans but those talks are still in the very early stages,” the spokesman said.

“No decision has been made or is currently being considered about the future ownership of the club.”

The NRL took over ownership of the Gold Coast Titans exactly a year ago in the wake of the cocaine scandal which put the club in turmoil.

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