SP PNG Hunters’ chairman and PNG Rugby Football League board member Graham Osborne said this last week when interviewed at a luncheon hosted by Eda Ranu to celebrate the signing of one of its employees into the Hunters ranks for 2018.
Mr Osborne cited PNGRFL’s latest annual general meeting (AGM) last week and said figures presented were an indicator of where the sport was heading as a viable and somewhat lucrative venture for the country.
“It is a big business and like last year we just had our AGM, and if you saw our books, you would see that it is a K15 million business for us last year.
“So it is more than just a hobby and with all things going on we have to do things professionally,” Mr Osborne said.
He said current cost estimates for the SP PNG Hunters team puts it just over K5 million to run the team.
“It costs just a bit over K5 million. We have to travel to Australia and back and at the moment we have got this thing that we have to pay visiting teams as well,” he said.
A cost he said will drop considerable by the end of the 2018 season when the requirement ends.
“It ends at the end of this year and there will be some savings there. It is about K5 million to run the SP Hunters team. Those saving K2 million or so it is going to cost about K3 million to run the team in 2019),” he said.