NRL 2019: Penrith Panthers lost $6million in 2018, Ivan Cleary, Anthony Griffin

FOXSPORTS.com.au
NRL 2019: Penrith Panthers lost $6million in 2018, Ivan Cleary, Anthony Griffin
NRL 2019: Penrith Panthers lost $6million in 2018, Ivan Cleary, Anthony Griffin

The cost of last year's coaching saga has taken its toll as The Daily Telegraph reports the Panthers Group lost close to $6 million in 2018. Journalist Phil Rothfield is reporting the powerful Panthers Group took a big financial hit when they were forced to pay out sacked coach Anthony Griffin before hiring new coach Ivan Cleary for $1 million per season. The NRL grants all clubs $13 million per season, but the Telegraph is reporting the Panthers needed a handout of $5.9 million from the Panthers' licensed club to break even in 2018. Rothfield reports the Panthers' football club costs are higher than their NRL rivals. “I've had a look at their efforts off the field and they're in a bit of financial

Scroll to continue with content
Ad

What to Read Next