It is gratifying for Gold Coast's players that a new management for the Titans does not endanger their contracts – but the impact of the change of ownership on another contract could determine the future of the club.
The paperwork in question is the lease agreement with Stadiums Queensland for CBUS Super Stadium. It was reported in June last year that some home matches cost the Titans $300,000 to stage and that the club was "bleeding money" as a result.
Now that the Titans' NRL licence has been torn up and they are being run from head office, how binding is this agreement?
GOLD Coast officials were celebrating a stunning end to a horrific fortnight for the club by securing the greatest marquee signing in club history with confirmation Test star Daly Cherry-Evans would join the Titans on a four-year, $4 million deal.
In a stunning coup for the Titans it was confirmed moments after Manly’s 42-12 loss to Parramatta on Friday night that Cherry-Evans would join the Gold Coast club from 2016.
And in a further blow for the Sea Eagles, the club will also lose Kieran Foran, who has privately told friends he has decided to join Parramatta and will formalise the deal in the coming days.