Cronulla have received another off field boost with the club securing a naming rights sponsor for their home ground.
Shark Park will be known as PointsBet Stadium as of Cronulla's home clash against the Sydney Roosters on Saturday night, with the club securing a four-year deal believed to be worth around $1.6 million.
PointsBet will also appear on the sternum of the club's jerseys, while the branding on the stadium is expected to take a couple of weeks to complete.
The stadium sponsorship comes weeks after the club signed a two-year front of jersey major sponsorship deal with Mortdale company Ace Gutters.
Cronulla have also announced they have decided to sell off their remaining interest in the Woolooware Bay Town Centre Development in a deal worth $40 million with Capital Bluestone, with a new leagues club and football department head office on the way and due for completion in 2021.
Sharks general manager of commercial Chris Highett was delighted with the partnership which appears to have further strengthened the club's financial position.
"PointsBet is setting new standards in the sports betting industry in Australia and around the world and we're excited they have shown great faith in our club by partnering up with the Sharks on this long-term arrangement," he said.
"We look forward to a long and positive relationship with the team at PointsBet."
Cronulla will look to bounce back from their tough loss to Parramatta when they host the Roosters. The reigning premiers have again started the season strongly and will provide the Sharks with another stern test.
Already without Matt Moylan with a hamstring injury for an extended period and Wade Graham with his long-term knee injury, Cronulla could be without Aaron Woods for more than eight weeks with a broken foot.
Woods was seeing a specialist on Monday to assess the full damage of the injury suffered against the Eels.
The Sharks are expected to welcome back co-captain Paul Gallen from his rib problem, while Shaun Johnson is also likely to return after he was a late withdrawal from the loss to the Eels with a re-occurrence of tightness in his quad.
Sharks coach John Morris said he was impressed and proud of his under-strength team's effort against the Eels and looked forward to the test against the Roosters.
"They didn't turn it up, they kept coming at a really powerful team that had more ball than us," he said.
"It's nothing we can't fix and we'll bounce back... and we'll come out for a big game against the reigning premiers at home on Saturday night."
