KNIGHTS chief executive Steve Burraston believes the profit-sharing component to rugby league's proposed independent commission could help the financially embattled NRL club stay out of the red.
News Limited and the ARL are on the verge of relinquishing control to an independent body charged with administering the game under one banner. The new peace deal will be discussed further today and tomorrow at the annual meeting of NRL CEOs and chairmen.
Burraston was appointed in June last year to a committee charged with the responsibility of investigating a new organisational structure to streamline the game's administration.
Michael Searle (Titans) is the chairman and Burraston sits on the committee alongside Shane Richardson (Rabbitohs), Bruno Cullen (Broncos) and Brian Waldron (Storm).
"From a rugby league point of view, to have the whole game under one umbrella and one management makes a hell of a lot of sense," Burraston said.
"There's obviously a lot of synergy savings in doing that, and it would mean that any profits the game generates over and above its operating expenses would come back to the clubs.
"That would obviously give an injection of funds to each of the clubs, and there's clubs in worse position than us right at the moment.
"But at the Knights, we're a break-even club at best and we swing on either side of that ledger. That could be the difference between us being in the black each year as opposed to being in the red some years."
The Knights anticipate an operating profit or loss of several hundred thousand dollars for 2009, depending on the outcome of their compensation claim against the NSW Government for revenue lost during the western grandstand redevelopment at EnergyAustralia Stadium.
Since their inception in 1988, the club's accumulated losses are more than $2.5 million, but Burraston believed a greater share of the NRL's profits each year would allow them to chip away at that amount.
On a broader scale, Burraston said an independent commission would help combat the challenge presented by the AFL and other football codes.
"We've got the NRL, ARL, ARLD [Australian Rugby League Development], NSW Rugby League, QRL, Country Rugby League it's awfully confusing to the marketplace, and it's awfully confusing when we go out to the juniors to develop because we've got people there all wearing different logos," he said.
"The shame of that is we don't wear a common badge, so the branding of the game would benefit by bringing it all under the one management.
"I can see a whole lot of benefits. From a rugby league point of view, we'll be able to better co-ordinate things and run better competitions and do better development, and from a marketing point of view we can build our image much better under one banner.
"The more the game grows, the better the game would be and the more attractive it would be, and that would mean bigger profits and bigger grants back to the individual clubs."
It is understood an independent commission could be established before the 2010 season kicks off on March 12, but Burraston said there was no deadline in place.
"It's got a little way to move, but we're closer than we've ever been at the moment."