True story; the Chargers loaned the money they had in the bank after being rationalised to the Newcastle Knights.Were you there during the Chargers years? The Seagulls had just died after 1995, and as I was moving there a wacko businessman backed a replacement team...all sorts of pre-season turmoil, and they parted ways just as the season started, getting away with a few breaches because the ARL had bigger fish to fry...8 teams forfeited matches in Round 1 because the ARL had just beaten Super League in court to stop them starting in 1996...
Chargers sucked in 1996, but when Superleague began in 1997, RL was split right down the middle and the Chargers were able to capitalise. A second half of the season winning streak, and suddenly the whole Coast went nuts in following them...sellouts at Carrara, and probably the only feelgood story for the entire season...the sport was gutted Australia-wide, but they had an underdog hero in the middle of it all...
They were out after the following season, unable to beat Rupert Murdoch off field...I'm wondering where the tidy $4m they had in profits went after that...! I honestly think though that the Chargers had a hand in GC's transformation from a backwater with skyscrapers into today's burgeoning big city, and the mentality behind it all. It was the only time I was there that you could sense a united GC, and not that other crap we both described above...
What happened to it after the Knights paid the loan back IDK, but the Chargers were effectively owned by the ARL, so I wouldn't be surprised if it ended up back in the NRL's coffers.
Super League/News Ltd. demanded that the Broncos have exclusivity in SEQ as part of any reunification, that meant the Chargers had to go or no peace. It's not a coincidence that the Titans played their first season in 07, exactly 10 years after Super League.That's interesting to read. I always wondered why the Chargers folded. Seemed like very short term thinking from the NRL/ARL.
Believe it or not, the Chargers and Adelaide Rams were the only teams with money in the bank after 1997 and well placed to be successful in the coming years had they not ended up being sacrificed (murdered) as part of the peace deals.
There's an alternate reality out there where the Chargers and Rams used that money to sweep up the top free agents after the war and went on to be the two of the most successful teams of the 2000s.






