The St George Illawarra Dragons are set for a large monetary enhance with Australia’s second-richest individual, Andrew ‘Twiggy’ Forrest, set to signal on as a significant membership sponsor.
According to the Sydney Morning Herald, the billionaire mining magnate is near inking a $1.2m-per-year deal for his vitality firm Squadron Energy to develop into the Dragons’ front-of-shirt sponsor from 2025.
The publication studies Squadron Energy will possible develop into the membership’s back-of-jersey sponsor for 2024 earlier than upgrading to the entrance of the jersey the next season, as soon as the membership’s settlement with present principal companion St George Bank ends.
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Forrest was valued at $33.29 billion on the Financial Review 2023 Rich List, placing him behind Gina Rinehart as Australia’s most rich particular person.
Forrest has invested extensively in rugby union in Australia, notably the Western Force, however the looming Dragons deal represents his first transfer into rugby league.
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