st george illawarra dragons has officially announce the signing of a talented player…
The St George Illawarra Dragons are set for a massive financial boost with Australia’s second-richest person, Andrew ‘Twiggy’ Forrest, set to sign on as a major club sponsor.
According to the Sydney Morning Herald, the billionaire mining magnate is close to inking a $1.2m-per-year deal for his energy company Squadron Energy to become the Dragons’ front-of-shirt sponsor from 2025.
The publication reports Squadron Energy will likely become the club’s back-of-jersey sponsor for 2024 before upgrading to the front of the jersey the following season, once the club’s agreement with current principal partner St George Bank ends.
Forrest was valued at $33.29 billion on the Financial Review 2023 Rich List, putting him behind Gina Rinehart as Australia’s most wealthy individual.
Forrest has invested extensively in rugby union in Australia, particularly the Western Force, but the looming Dragons deal represents his first move into rugby league.
Billionaire mining magnate Andrew “Twiggy” Forrest is poised to take his first steps into rugby league after finalising a multimillion-dollar partnership with the St George Illawarra Dragons.
The Dragons, one of Australian sport’s most iconic brands, are on the verge of signing off on a $1.2m-a-season major sponsorship deal to advertise Forrest’s renewable energy company, Squadron Energy, on the front of their jersey from 2025.
