The NRL has announced that a local consortium has acquired ownership of the Gold Coast Titans.
NRL Chief Executive Todd Greenberg announced this morning that the licence had been acquired by a group including former co-owner Darryl Kelly and former Chair Rebecca Frizelle.
The NRL took the Titans over in 2015 to save it from collapse and put it up for sale in late August this year. Other prospective owners including Brisbane-based fund manager Stuart McAuliffe and the North Sydney Bears had also expressed an interest in acquiring the club.
Greenberg advised that the Kelly-Frizelle consortium had the proven track record that the NRL was looking for and that the deal would help secure the long term future of the Gold Coast club.
He advised “we said all the way through this process that our primary aim was to ensure the Titans become a well run, profitable and successful club for their fans and the local community
“And we have no doubt that can best be achieved under the direction of this consortium.
“It was Rebecca and Darryl who took over the running of the club when the Titans were placed in voluntary administration three years ago.
“They have restored the club to the position where it has a strong future and there is no…