Papua New Guinea deputy Prime Minister Belden Namah could be Gold Coast Titans white knight
PAPUA New Guinea's controversial deputy Prime Minister Belden Namah has emerged as a possible white knight in Gold Coast boss Michael Searle's last-ditch plan to save the financially-stricken Titans. The development comes as Searle broke a two-month silence on the club's fiscal crisis yesterday, apologising to fans and revealing his and the Titans' future may hinge on securing fresh funds from a mystery backer. Insolvency firm KordaMentha issued a creditors' report on the Titans' property arm on Friday, revealing the company, of which Searle is sole director, has operated at a loss since 2008 with debts as high as $26 million. The report also questions whether the company traded while insolvent, an assessment Searle vehemently rejected yesterday. "I would not wish this on my worst enemy," Searle told the Gold Coast Bulletin before he fronted around 800 fans at the annual Titans Charity Ball at Jupiters Casino last night. "I think there will always