Darren Lockyer is reportedly exploring the opportunity of purchasing a controlling interest in the London Broncos, a club poised for promotion into the Super League next season.
The Sydney Morning Herald are reporting that Lockyer and business partner Grant Wechsel see potential in the franchise, particularly because of London's cachet as a high-profile market.
The duo plans to attend the Broncos' final home game against the Bradford Bulls, assessing the club's prospects firsthand.
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Former South Sydney boss Jason Demetriou is reportedly their coaching target, combining NRL experience with a familiarity with the English game.
Current Broncos owner Gary Hetherington would remain a minority owner in a potential move, keeping his place on the club's board.
Lockyer's involvement could inject fresh energy into a league that is often criticised for instability and weak governance.
Indeed, the Super League has faced financial strain, uncertainty around broadcast rights deals, and internal power struggles in recent years.
The NRL is widely reported to be exploring the possibility of buying into the Super League competition to try and remedy their administrative woes.
With their ambition for expansion, the Super League's vision to increase teams from 12 to 14 in 2026 does align with the NRL's vision.
This expansion has been cause for much debate, with critics arguing that consolidation would protect the talent pool and strengthen each club's resources.
There is also the question of added broadcast cost, adding a layer of uncertainty to the Super League's long-term viability.
Despite this, collaboration with the powerbrokers in the NRL front office like Peter V'Landys could help stabilise English rugby league.
Lockyer's potential purchase could prove to be symbolic as the first domino to fall in the NRL's push into the northern hemisphere.
The Broncos legend is currently serving on the board of the Brisbane-based club. London's market has the potential to offer exposure, growth opportunities, talent pathways and a blueprint for future international partnerships between the leagues.
Ultimately, Lockyer's London Broncos bid reflects both an opportunity and risk as he attempts to navigate financial and administrative hurdles, opening the door for deeper NRL influence in Europe.