NRL News: Broncos respond to reports of London takeover, Arrow on track for Bunnies return… See more

Recent reports have surfaced regarding the potential acquisition of the London Broncos by the Brisbane Broncos, an NRL club. The London Broncos, facing financial challenges and relegation from the Super League, have been seeking new investment following the departure of long-term owner David Hughes. In October 2024, the club announced the need to raise £350,000 within a month to ensure their participation in the upcoming season, with an overall target of £900,000 to cover operational costs.

 

Amid these financial difficulties, reports emerged suggesting that Gary Hetherington, CEO of Leeds Rhinos, was facilitating a deal for the Brisbane Broncos to acquire a stake in the London club. However, Brisbane Broncos’ CEO Dave Donaghy has refuted these claims, stating, “Ownership of a UK club is not something the Brisbane Broncos are considering right now.” Chairman Karl Morris echoed this sentiment, asserting, “There is zero interest from us in an international football franchise.”

 

Despite the denial from Brisbane Broncos, Gary Hetherington has confirmed his involvement in seeking new investors for the London Broncos. While on a family visit to Australia, Hetherington has been engaging in discussions to identify potential stakeholders who could contribute to the club’s future. He stated, “I have been working behind the scenes just to help them and to identify people who could add value to their operation and become an owner of the place.” Hetherington did not comment directly on Brisbane’s involvement but mentioned that several parties have shown interest.

 

As the London Broncos prepare for their return to the Championship, the search for new investment remains critical to their aspirations of returning to the Super League. The club continues to explore various avenues to secure the necessary funding to navigate the upcoming season and ensure the stability of professional rugby league in the capital.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *