Peter V'landys, chairman of the Australian Rugby League Commission, has issued a stark warning that the English Super League is on a "collision course" with financial instability unless it secures significant revenue growth, according to a recent statement to BBC Sport.

V'landys highlighted the need for structural reforms in the league's governance, suggesting that the current model lacks the resilience to support a 14-team competition. He pointed to the impending expiration of the UK's television broadcast deal in 2026 as a critical juncture, stressing that without substantial broadcast income, the league would struggle to avoid "sustained losses."

The NRL chief emphasized that any potential investment from Australia would hinge on the establishment of an independent governing body, a cornerstone of the NRL's success. "You need an independent body to operate the competition, as it always acts in the best interests of the game as a whole," he stated. While he confirmed the NRL's interest in a stake in Super League, he ruled out creating a separate European competition, calling it "not an option."

V'landys' remarks followed a meeting with Super League clubs, RFL officials, and English team owners, including Warrington's Simon Moran and Wigan's Mike Danson. The discussion, initiated by the owners, explored ways to bolster the league's financial health. Despite the NRL's record revenues and global expansion efforts—such as its annual Las Vegas season openers—V'landys argued that Super League's marketing strategies, particularly its failure to include London Broncos in the 2024 season, have hindered growth. "London should have been the priority; a populous city like that is a critical market," he said.

Super League's recent Grand Final drew nearly 69,000 fans, the largest crowd since 2017, while the Ashes Test at Wembley saw a record 60,812 attendees. However, V'landys criticized the league's current structure, noting that without improved commercial strategies and governance, its long-term viability remains uncertain. RL Commercial's Nigel Wood described the meeting as "positive and progressive," signaling potential for future collaboration.

The NRL's interest in a 33% stake in Super League, reported earlier this year, remains unconfirmed, with V'landys clarifying that no formal offer has been made. He reiterated the importance of autonomy, stating, "We're here to listen, not to impose." The debate over the league's future underscores the broader challenge of balancing financial sustainability with global expansion in rugby league.