Menu
Finance

NRL Side Cowboys Players' Property Deals With Club Chair Under Microscope

A string of high-profile National Rugby League side North Queensland Cowboys players -- "including star Johnathan Thurston, co-captain Matt Scott and State of Origin player James Tamou -- have acquired properties from millionaire developer Laurence Lancini," who is the long-serving chairman of the club, according to McClymont, Goodman & Carayannis of the SYDNEY MORNING HERALD. An investigation "can reveal that over the past seven years, 10 high-profile players have bought vacant blocks of land and apartments" from Lancini's companies. Questions have been raised "as to whether the property deals constitute breaches of the salary cap rules." NRL Head of Football Todd Greenberg and GM of Integrity Nick Weeks flew to Townsville on Monday "as part of their regular work." Weeks said in a statement on Tuesday that NRL salary cap auditors had "already reviewed some of the matters raised and had determined no further action was required, however they did not rule out further examination of the other deals." Players including Thurston, Tamou, Michael Morgan, Kane Linnett, Antonio Winterstein, and former players Matt Bowen and Luke O'Donnell have all "bought blocks of land" at new residential suburb Bohle Plains, which Lancini has been "instrumental in developing" (SMH, 7/28).

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

Learn more about your ad choices. Visit megaphone.fm/adchoices

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2015/07/29/Finance/NQ-Cowboys.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2015/07/29/Finance/NQ-Cowboys.aspx

CLOSE