NRL buys hotel next to Shark Park
The national Rugby League (NRL) has expanded its investment portfolio with the purchase of a 71-room hotel next to Shark Park.
The move comes on the back of a funding promise made by ARLC chairman Peter V’landys to Cronulla.
V’landys vowed to keep the Sharks in the Shire and it seems he has made good on his promise.
The chairman is also committed to securing the Sharks’ funding for a centre of excellence and upgrading its home ground.
The Quest managed hotel overlooks Pointsbet Stadium and is due to open in October. The acquisition follows a $25 million purchase of Gambaro’s hotel and restaurant in Brisbane last year.
V’landys aims to maintain the code’s tribalism and is doing everything possible to fulfil that agenda – which benefits clubs and their supporters.
The area around Pointsbet will feature the hotel, shopping centres, cafes, bars and restaurants.
“The game is built on suburban rugby league,” V’landys said.
“Our game lives and breathes from the tribalism that exists within our suburban communities.
“We’re going to continue to prosecute funding for the Sharks with the government.
“The previous government promised it, even right before the election (May, 2022), but never delivered.
“It’s a priority. We secured ($150 million in) funding for St George-Illawarra, we got Parramatta, we got the Bulldogs and the only one that missed out was Cronulla.
“So we’re going to be pushing it.
“We’re going to fix-up Shark Park (PointsBet Stadium) and we’re going to get a centre of excellence. That’s a priority for us.’’
Jonathan Jackson, 14th September 2023
