It’s a new era for the Titans with a new coach and owners taking them into the 2018 season.
The Courier-Mail is reporting the battle to buy the much-maligned club is over, with the NRL expected to award the licence to a local consortium, headed by Rebecca Frizelle and Darryl Kelly, tomorrow.
The process to buy the club has been a competitive affair, with Brisbane Bombers, North Sydney Bears and Brisbane based fund manager Stuart McAuliffe all throwing their hat in the ring.
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BREAKING: The Titans have been sold with the Frizelle-Kelly consortium staving off a rival $25 million bid. NRL to announce sale in coming days. Full story @cmail_sport
— pete badel (@badel_cmail) December 12, 2017
Mr McAuliffe was the last man standing before the NRL decided to award the licence to Frizelle and Kelly.
Over the past 30 years, three rugby league clubs have died on the Coast, with the Gold Coast Giants, Seagulls and Chargers all going bust.
The NRL was said to be swayed by the business acumen of the Gold Coast duo, who reportedly have a combined wealth of more than $100 million.
Their plan to create multiple revenue streams to help build the club’s coffers was also a key consideration.
Mr Kelly has been both emotionally and financially invested the Titans over the years, pouring money into the club since 2012.