The issue isn't the ownership models, it's the people employed. I fail to understand how a private owner would change anything with all of the same administration teams in place currently, unless they were willing to just dump money into the place. Australia doesn't really have a history of these people either.
Guess my point is the issue should be current poor administration teams, not the ownership.
Precisely, the value of the game is a reflection of the administration running it, whether bygones had good intentions or not is irrelevant, the game growth has stalled in the face of growing competition...
Yes private investment has the potential to inject capital, but Australia as a whole doesn't have a history of successful private Investment in sporting franchises, in many cases it has occurred at the detriment of the game.
Yes the 'right person' would be one who is willing to sacrifice $millions annually, whilst retaining a minority share and taking a backseat to the running of the franchise, but how many of those people really exists in Australia, if any?
QLD has demonstrated what good management can do to an organisation, imagine the interest in the code if NSW had the same proportionate success, the interface rivalry would be fierce, crowds, sponsors and viewers would be flocking..
There are many areas the code can improve, leveraging private investment is definitely one of them, but it's not the holy grail.