London Broncos seek funding to secure survival
Briefly

"We estimate it will cost circa 900,000 to navigate our way through the 2025 season," Broncos chief executive Jason Loubser said. "So for us to confidently start signing players and be ready for the first competitive game we need to raise around 350,000 in the next month." This indicates the urgent need for financial stability as the club prepares for the upcoming season without parachute payments.
Director of rugby and performance Mike Eccles mentioned, "We feel we are in a position to move forward now and we've put in a lot of time and effort working with the off-field staff to project 'what can we do here?', and we believe we can. It's going to be difficult but it's also exciting." This reflects optimism and potential despite financial hurdles.
Director of rugby Mike Eccles highlighted the historical importance of the club's owner, stating, "The investment Hughes had made was astronomical and important for keeping London rugby league alive." This showcases the significant contributions of the outgoing owner and the stakes for the club's future.
Eccles also articulated the current business strategy: "In the medium to long term we all want Super League but right here, right now we have to cut our cloth accordingly and generate as much money as we can." This captures the strategic shift in focus for immediate financial survival.
Read at www.bbc.com
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