More cocaine arrests in coming days

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THE Gold Coast Titans were officially declared insolvent and went into administration as the Crime and Corruption Commission confirmed more sports stars could be arrested within days in connection to the cocaine crisis engulfing the club.

Six past and present Gold Coast Titans, including Greg Bird and Dave Taylor have already been charged with supplying cocaine, with the two Origin stars presenting to police to provide their fingerprints.

Titans player Dave Taylor pictured at the Southport Police Station with his lawyer Campbell McCallum Picture Glenn Hampson Source: News Corp Australia

As revealed by The Courier-Mail on Tuesday, Smith and the NRL saved the Titans football club by becoming full owners, ending years of crippling debt, unpaid bills to local contractors and financial issues.

It was the NRL's only choice to rescue a $1bn television rights deal that demands a 16-team club competition due to start in eight days and a stadium agreement with the Queensland government.

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Mr Smith conceded the club's future now hinges on whether it can restore its reputation.

Investors including Titans founder Michael Searle and white knight Darryl Kelly have lost at least $22 million in the deal, but Mr Smith attempted to paint it as an "exciting" day for fans saying the new regime would rebuild the brand, reconnect with the community and create a club to make the Gold Coast proud.

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"We will make sure this is a club you can trust whether you're a sponsor, a fan or a little boy or girl watching on television you will trust this club because we're going to build a great club and we're all going to be proud of it," he said.

"I can stand here and look you in the eye and tell you the Titans have a long term future.

"I'm not pretending there's no problems, what I'm saying is there is a long term future and we stepped in, the club has a good board, good management and will now move forward."

The Titans players caught up in the scandal were last night served with notices to front the club board and provide documentation of their upcoming court cases.

It comes as the CCC confirmed more charges were likely.

"Based on current information the CCC expects any further arrests of current and former sportspeople will occur by the end of this week or early next week," it said in a statement.

Gold Coast Titans player Greg Bird reports to Southport Police Station to be fingerprinted. Picture Glenn Hampson Source: News Corp Australia

After reporting to the police station, Bird spoke briefly of his heartache as he faces the possibility his NRL career is over, if found guilty.

Guilty verdicts to drug supply charges carry a four-year ban under rules from the World Anti Doping Agency.

Asked how difficult a time it was proving for the NSW Origin star, he replied: 'very' before driving off in a car marked with logos from the Titans and club sponsor Frizelle's.

Taylor made no comment as he left his meeting.

Tuesday's statement from the CCC also made clear none of the players arrested in the past week are alleged to be involved in the trafficking of cocaine.

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Only 26 members have sought a refund since the cocaine scandal broke, while more than 150 have signed up to the club, which also confirmed a temporary training base at Miami's Pizzey Park.

"The Gold Coast realised the Titans were in trouble and decided to get behind us and help," chairwoman Rebecca Frizelle said.

"When times are tough this is when we shine."

CEO Graham Annesley and Ms Frizelle will work with the NRL in coming weeks to determine if more staff reinforcements are needed to get the club back on its feet.

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