British Billionaire sees Titanic shift

Written By Unknown on Selasa, 10 Februari 2015 | 08.57

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BRITISH billionaire Marwan Koukash will consider investing in a relocated Gold Coast NRL team after aborting plans to buy a stake in the Brisbane Broncos.

Koukash, one of the richest men in world sport with an estimated worth of $3 billion, detailed his investment plan and urged the NRL to move the Titans closer to Brisbane.

Koukash is one of the UK's great success stories, an eccentric, ambitious Palestinian refugee who has directed $5 million of his wealth to resurrect English league club Salford City.

Now the 56-year-old is ready to bring his billions to the NRL, having spent the past three months doing due diligence on the Broncos in talks with minority shareholder Phil Murphy.

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Brisbane coach Wayne Bennett. Source: News Corp Australia

But with News Corp, publishers of The Courier-Mail, having no plans to sell its 68 per cent stake in Brisbane, Koukash has gone cold on his Broncos ownership plan.

"A minority shareholder (Murphy) is interested in selling his shares, but I won't be buying them," Koukash said from the UK last night.

"I won't be involved with the Broncos as a minority shareholder, that would not be of interest to me.

"If you're asking whether I want to be involved in the Broncos ... well, I wouldn't want to be involved with them or any other club as a minority shareholder. I don't want others making decisions on my behalf.

"I have not spoken to News Corp and I have no plans to speak with them in the near future either. I don't want to be a part-time owner, I want to be involved in the major decision-making of the club.

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"The Broncos have been very successful and I have no doubt under the leadership of Wayne (Bennett, coach), he will get them to a grand final within two or three years.

"I'm taking my time now. This is not all talk, I want the NRL to know I am very interested in being involved, but I just don't want to be a small investor, I want to be involved in the running of the club."

With his Broncos dream seemingly dashed, Koukash remains determined to be a major player in the NRL.

Ideally, he wants to invest in an NRL team within 12 months and has tabled a radical proposal for a British-based team to play in the Australian premiership.

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Dr Marwan Koukash is interested in investing in an NRL team. Source: News Limited

But with the NRL unlikely to entertain such a logistical nightmare, Koukash's other option could be bankrolling a Queensland team to rival the Broncos.

The Titans' financial struggles have been well documented over the past two years and Koukash's vast wealth would transform an ailing Gold Coast club overnight.

The colourful Salford owner has not been in contact with the Titans, but says he would not rule out any viable NRL investment.

"Why doesn't the NRL move the Gold Coast to Brisbane?" Koukash said.

Josh Hoffman scores for the Titans. Source: News Corp Australia

"That would be a fantastic idea to move the Titans north. They are not going to get enough support on the Gold Coast, but having two Brisbane teams, you can be guaranteed that the two fixtures, a derby against the Broncos, will create a massive interest.

"I don't care about the region, what I do care about is that it needs to be the right opportunity for me.

"One day I hope to be involved in the NRL and ideally, it would be nice to be involved this time next year.

"I will work very hard to make it happen. I will not give up. I will spend as much as a club is worth.

"The NRL is a great competition, I have a great passion for rugby league and I want to be a part of it."


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