Martin Lee OUT

[plague]

Bloke is a discrace.
Haven't won a game since he's been in charge.
Won't re-sign Griff.
Still sells mid strength piss.
Worst owner we've ever had.

Discuss:

[Frodo]

Bloke is a discrace.
Haven't won a game since he's been in charge.
Won't re-sign Griff.
Still sells mid strength piss.
Worst owner we've ever had.

Discuss:

https://qph.is.quoracdn.net/main-qimg-ff2374a65043de567a0fac0bac6290dd?convert_to_webp=t rue

[Jetmaster]

The McKinna Out thread will be more fun..

[plague]

The McKinna Out thread will be more fun..

Oh we already went down that road and shit got real. People got salty.

Leave me out of that one boss.,

[Frodo]

Oh we already went down that road and shit got real. People got salty.

Leave me out of that one boss.,

Don't stress, I've got plenty of puppy pics to save the day Plague.

[Couscous]

He's not even a billionaire. Ledman's only worth 250 million Aussie or so.

[plague]

He's not even a billionaire. Ledman's only worth 250 million Aussie or so.

Oh great, so he's broke and he puts a poor povo ass gypo in charge.

Hope the players like baked beans and coming last.

[GazFish35]

if it's the Martin Lee I know he's not made a decent movie in ages.

http://wklh.com/wp-content/blogs.dir/14/files/2014/01/Martin-Short.jpg

[plague]

if it's the Martin Lee I know he's not made a decent movie in ages.

http://wklh.com/wp-content/blogs.dir/14/files/2014/01/Martin-Short.jpg

I think that blokes a bit short to be Mr Lee

[Frodo]

I think that blokes a bit short to be Mr Lee

I see what you did there.

[MFKS]

Bloke is a discrace.
Haven't won a game since he's been in charge.
Won't re-sign Griff.
Still sells mid strength piss.
Worst owner we've ever had.

Discuss:

I will join the bandwagon soon enough

It much more important that the McKinna out bandwagon gets up

[lquiquer]

Hope Mr Lee will install a giant screen bigger than the 2 at Allianz to replace that piece of shit we currently got at Newy stadium

[Jeterpool]

Hope Mr Lee will install a giant screen bigger than the 2 at Allianz to replace that piece of shit we currently got at Newy stadium

Mate you're just judging by what's been presented on the screen more than the screen itself, yeah?

[furns]

Wonder where the old screens went?

[lquiquer]

Wonder where the old screens went?

Don't know but read somewhere that we might get the one from Parramatta Stadium

[plague]

Don't know but read somewhere that we might get the one from Parramatta Stadium

I read that too

[380]

Oh great, everything we get from P/matta ends up breaking. Barresi. Labs Alessi.

[weston]

Oh great, everything we get from P/matta ends up breaking. Barresi. Labs Alessi.

You'd think we'd shop elsewhere.

[Jetmaster]

Don't know but read somewhere that we might get the one from Parramatta Stadium

Pfft....the Hashfield Lebs would've stolen it and offloaded it by now.

[Thomas477]

Bump. Lee Out

[steve136]

Different owner. Same shit.

[sammydog]

Bump. Lee Out

As we have proven, nothing changes despite the owner. May as just settle into the ride with this one. Nothing changes.

[hawk]

might get the docos out where Japon pumps manchuria.

[LongSufferingFan]

How many Chinese players we got running around the NPL at the moment?
I can't think of many - but they would have a great chance of playing for the Jets.

Moriyasu is no chance now....

[hawk]

How many Chinese players we got running around the NPL at the moment?
I can't think of many - but they would have a great chance of playing for the Jets.

Moriyasu is no chance now....

Song was a great chinese player

[plague]

Steve Rustica

[mervan]

The Chinese are very good at identifying pretenders

[halo se7en]

The Chinese are very good at identifying pretenders

So good he waited until 4 weeks out from the season. You're an idiot.

[hawk]

Leejerk reaction

[ForeverRed]

Trani has gone now

[joel31]

Plot twist: Martin Lee appoints himself as head coach

[sammydog]

As much as I would prefer Miller to be here, if there was such an issue in the coaching staff that warranted Miller being shown the door then the assistant had to go as well so the clubs starts clean.

[q-money]

Winx for coach

[borat]

Seriously this debacle looks very poorly on McKinna. He either has no influence and is a lame duck or he is making this up as he goes.

[plague]

Seriously this debacle looks very poorly on McKinna. He either has no influence and is a lame duck or he is making this up as he goes.

Bang on.

a few blokes on here might want to take back their comments about my resistance to the gypo being appointed.
they can also apologise to the member if they know how to find their way to purgatory.

[q-money]

#freeMFKS

[sammydog]

Seriously this debacle looks very poorly on McKinna. He either has no influence and is a lame duck or he is making this up as he goes.

I think its the former.

It looks to me like we have an owner who likes to get involved and make big decisions. In those instances the CEO is nothing more than an employee.

[hawk]

ahhct, fookin shite. I ne idee what tu du

[borat]

Bang on.

a few blokes on here might want to take back their comments about my resistance to the gypo being appointed.
they can also apologise to the member if they know how to find their way to purgatory.
Who is this "member" you speak of? I don't beleive anyone of that name posts here. You must be mistaken

[The Dunster]

I think its the former.

It looks to me like we have an owner who likes to get involved and make big decisions. In those instances the CEO is nothing more than an employee.

I can't recall any CEO in history that wasn't the Owner / Chairman's bitch. The fact that Boards all around the world have the public believing CEO's are in charge tells just how successful their agenda to manipulate public opinion has become

[borat]

I think its the former.

It looks to me like we have an owner who likes to get involved and make big decisions. In those instances the CEO is nothing more than an employee.
Many clubs have difficult foreign owners, not all have CEO's on training wheels.

[borat]

I can't recall any CEO in history that wasn't the Owner / Chairman's bitch. The fact that Boards all around the world have the public believing CEO's are in charge tells just how successful their agenda to manipulate public opinion has become

The good ones have some sway or influence and at least appear to give the impression they stand for the clubs decisions.

McKinna is neither. I mean seriously what does he do if not involved in these decisions

[borat]

I can't recall any CEO in history that wasn't the Owner / Chairman's bitch. The fact that Boards all around the world have the public believing CEO's are in charge tells just how successful their agenda to manipulate public opinion has become
For example

When did Tatsimas distance himself from the wacky decisions Con made?

[plague]

Who is this "member" you speak of? I don't beleive anyone of that name posts here. You must be mistaken

He died for your sins.

[The Dunster]

The good ones have some sway or influence and at least appear to give the impression they stand for the clubs decisions.

McKinna is neither. I mean seriously what does he do if not involved in these decisions

Sorry. CEO's don't call the shots. At best they float ideas to the board but more often than not they implement the plans and ideas of the board.
I mean Richard Leigh Clifford is a good example. He runs one of Australia's most iconic brands and yet few people here would even know who he is. But ask people here who runs QANTAS and you will get answers ranging from that little Irish bloke or indeed people actually knowing that the CEO is Alan Joyce.
The truth is Joyce does pretty much nothing without it being a directive from Clifford.
I don't think the Lee and McKinna relationship would be much different.
Mckinna is on a hiding to nothing.

[borat]

Sorry. CEO's don't call the shots. At best they float ideas to the board but more often than not they implement the plans and ideas of the board.
I mean Richard Leigh Clifford is a good example. He runs one of Australia's most iconic brands and yet few people here would even know who he is. But ask people here who runs QANTAS and you will get answers ranging from that little Irish bloke or indeed people actually knowing that the CEO is Alan Joyce.
The truth is Joyce does pretty much nothing without it being a directive from Clifford.
I don't think the Lee and McKinna relationship would be much different.
Mckinna is on a hiding to nothing.
I disagree. Yes all CEO's are meant to reflect the views and directions of their boards/owners, otherwise they would be sacked themselves.

The good ones are Still highly influential and upward manage. Mckinna is out of his depth and his repeated Twitter commentary shows that

[StannyCFCJET]

If Mr Lee doesnt spend big on the squad this summer I dare say this sub will blow up.

[Jeterpool]

Let's allow him an off-season before we get the pitch forks out. Everything was nailed on before he took over.

[StannyCFCJET]

Let's allow him an off-season before we get the pitch forks out. Everything was nailed on before he took over.

Give him to round 10ish gotta see if what ever retards we sign can actually perform

[hawk]

Let's allow him an off-season before we get the pitch forks out. Everything was nailed on before he took over.

ok but the grinder is out sharpening the fork. The torch is full of fuel.

[Bon]

ok but the grinder is out sharpening the fork. The torch is full of fuel.

Bloody hawk always finding a way to spruik how much money he's got..
I'll go back to my sharpening stone and old jersey wrapped around a stick..

[plague]

Bloody hawk always finding a way to spruik how much money he's got..
I'll go back to my sharpening stone and old jersey wrapped around a stick..

Way to rub it in that you have a stick.

Snob.

[MFKS]

If Mr Lee doesnt spend big on the squad this summer I dare say this sub will blow up.
No it wont


We will be just as shit next year

Win a few games flatter to deceive and be talking it up about semis come February March 2018 only to fall short andnarrowly avoid the spoon

#BusinessAsNormal

[Frodo]

No it wont


We will be just as shit next year

Win a few games flatter to deceive and be talking it up about semis come February March 2018 only to fall short andnarrowly avoid the spoon

#BusinessAsNormal

That's my Member, love it.

Martin Lee is going to keep us from going bankrupt and that is all. We just need to accept mediocrity and hope that we manage to have a lucky season every few years and make the finals with a young squad of other clubs rejects. Other than that we just need to pray that someone on the board finally gets their heads out of their anooses and starts selling Jets Hats. #NoHatNoParty

[hawk]

Way to rub it in that you have a stick.

Snob.

:rof::rof:

[hawk]

We will be just as shit next year

Win a few games flatter to deceive and be talking it up about semis come February March 09,10,11,12,13,14,15,16,17,18,19,20,21 only to fall short and narrowly avoid the spoon

#BusinessAsNormal

fixed

[MFKS]

fixed

Slow down

We did make the semis in 2010

Praise to Griff

[StannyCFCJET]

Slow down

We did make the semis in 2010

Praise to BK
Fixed

[Hunter403]

Way to rub it in that you have a stick.

Snob.

Stick? We had a twig and counted ourselves lucky!

[hawk]

This dicknose putting in shit management. Lee out.

[Jetmaster]

Nuh...Lee out now means oblivion.

Lee just needs to lift.

[hawk]

We will live on without Lee you'll see soon enough

[MFKS]

1447

Anyone have an address on this bloke??

I wouldn't mind having a chat why I in town

[Couscous]

Member, you need a larger phone.

[hawk]

Why you in Shitezen?

[lquiquer]

1447

Anyone have an address on this bloke??

I wouldn't mind having a chat why I in town

Just ask for Mr Lee

[MFKS]

Why you in Shitezen?

Hong Kong

It only when I seen the map come up I realised the Chinese Lightsalesman is close by

[Couscous]

It just occured to me that Martin Lee is quite handsome, though I am a poor judge. Can any heterosexual women, homosexual men or non-cisgendered forumites offer an opinion?

[GazFish35]

I reckon a straight bloke could suggest he is.

He's no oil painting, but he's certainly not a hat full of cats arses.

[Couscous]

Apologies, I should have added a picture:

http://www.a-league.com.au/di/library/A-League/23/f6/ledman-group-chairman-martin-lee_14y6jeq5v4tfp1vnvcldre4cb8.jpg

[hawk]

sure Ive seen this guy in a movie, just cant pick it

[Wilso8948]

sure Ive seen this guy in a movie, just cant pick it

Rush hour 1.. Rush hour 2.. Rush hour 3...

[plague]

Rush hour 1.. Rush hour 2.. Rush hour 3...

Looks nothing like Chris Tucker.

[Wilso8948]

Looks nothing like Chris Tucker.

Crazy what fake tan does.

[Frodo]

Loved seeing how excited he was when we won on Friday night.

ACL in 3 years seems like a reasonable aim now that I think about it.

[Couscous]

He's quite short.

[Charlie Chan]

Yeeps hopefully more money for us but i see it going the other way

THE Newcastle Jets are now Martin Lee’s only professional football interest after the billionaire businessman withdraw Shenzhen Ledman from the Chinese third tier.

Shenzhen Ledman has made the play-offs in China League Two for the past two seasons but will revert to amateur football.

When Lee bought the Jets, the plan was to move players between the two clubs once Shenzhen Ledman had been promoted to China League One, in which clubs are allowed imports.

“To run a football club in China is big money with no return,” Jets chief executive Lawrie McKinna said. “They attract small crowds and have no sponsorship. To get up into the next level where it could help the Jets and Shenzhen Ledman could cost tens of millions of dollars. Last year the Chinese Super League was the biggest spending league in the world. China League One was about the fourth or fifth biggest spend. You are either in it or not. ”

Shenzhen Ledman players had lived together in a hotel near the training facility.

Ledman Group, which is owned by Lee, has also ceased sponsorship of the Portuguese second division.


McKinna said Lee’s move to scale back his interests would not impact the Jets.

“Our budget hasn’t changed,” he said.

[The Dunster]

So the box of mangoes is now a box of LED Globes.

[StannyCFCJET]

Our budget of zero

[MFKS]

Yeeps hopefully more money for us but i see it going the other way

THE Newcastle Jets are now Martin Lee’s only professional football interest after the billionaire businessman withdraw Shenzhen Ledman from the Chinese third tier.

Shenzhen Ledman has made the play-offs in China League Two for the past two seasons but will revert to amateur football.

When Lee bought the Jets, the plan was to move players between the two clubs once Shenzhen Ledman had been promoted to China League One, in which clubs are allowed imports.

“To run a football club in China is big money with no return,” Jets chief executive Lawrie McKinna said. “They attract small crowds and have no sponsorship. To get up into the next level where it could help the Jets and Shenzhen Ledman could cost tens of millions of dollars. Last year the Chinese Super League was the biggest spending league in the world. China League One was about the fourth or fifth biggest spend. You are either in it or not. ”

Shenzhen Ledman players had lived together in a hotel near the training facility.

Ledman Group, which is owned by Lee, has also ceased sponsorship of the Portuguese second division.


McKinna said Lee’s move to scale back his interests would not impact the Jets.

“Our budget hasn’t changed,” he said.

Bullshit he is keeping us just so he can lose more cash

First decent offer he is out if hete

[Frodo]

Bullshit he is keeping us just so he can lose more cash

First decent offer he is out if hete

Yeah, we better get a good DVD of last season. We aren't doing much for awhile until someone else stupid enough to buy us comes along.

Fold the league.

[plague]

funny no mention of Trump easing threats on China due to some tariff concessions.
So maybe its not all doom and gloom for Mr Lee (aside from owning the Jets that is).

[turbojetfireV8]

maybe Wests can buy us with a Tinkler MkII motive to f*ck us over completely...

[Couscous]

I just bought an LED bulb from a competitor, Ledvance, so I guess I'm part of the problem.

[The Dunster]

Yeah, we better get a good DVD of last season.

When did the Jets stop using VHS ?

[Bon]

When did the Jets stop using VHS ?

And here I was assuming they were using Betamax..

[The Dunster]

Share Price forecasts for Ledman are hardly inspiring.

Look at some charts and check the trend over the last five years - this company is in freefall.

https://www.reuters.com/finance/stocks/chart/300162.SZ

Goto the link and click on the little clock and set it to 5 years to see what I'm talking about.

[plague]

Share Price forecasts for Ledman are hardly inspiring.

Look at some charts and check the trend over the last five years - this company is in freefall.

https://www.reuters.com/finance/stocks/chart/300162.SZ

Goto the link and click on the little clock and set it to 5 years to see what I'm talking about.

Dip seems to match up perfectly with the day he offered Boogs the extension.

[MFKS]

Bullshit he is keeping us just so he can lose more cash

First decent offer he is out if hete

Bingo

The Chinese Light salesman wants out

Hopefully he sells up soon and we can be rid if the Gypo CEO to boot

[Jeterpool]

I've been thinking quite hard about our situation for the last few weeks and I'm genuinely concerned about our long-term viability. The club is starting to again develop the same stench we have had with previous owners, with the obvious cost-cutting approach again consigning us to being run on the smell of an oily rag.

While I'm not saying that Ledman Group are not paying their bills or their players, but we aren't actively investing in the structure of the club. Youth coach leaves, assistant coach leaves, meeting minimum requirements for squad size, willingness to let a forward leave unpaid to pursue a rap career, removing the links with Everything Football. As one-off instances it's not an issue, but as a broader picture it's all about balancing the budget. We certainly failed to build on the season of success we had 2 years back.

We know Mr Lee wants to sell the club. So if we get to a point where we need to be bailed out again, I fear this time we won't. There's now interest from would-be expansion clubs and choosing one of them might be the easier option.

What do we actually bring the League? Andrew Howe calculated each team's performance over the last 10 years and unsurprisingly we were the worst performers. We used to be able to rely on our crowds, however we have had a crowd >10000 just once in the last 12 months and the crowd figures are declining despite having 11000 members. These are some of the metrics Wellington were judged by - so when will they apply to us? We can't rely on the often-used argument that "the Hunter is a footballing region and has footballing heritage".

I'm worried the apathy around the club, particularly from the fans, is returning. We've been up and fought for the club before - I wonder if we have it in us to do it all again.

[380]

I've been thinking quite hard about our situation for the last few weeks and I'm genuinely concerned about our long-term viability. The club is starting to again develop the same stench we have had with previous owners, with the obvious cost-cutting approach again consigning us to being run on the smell of an oily rag.

While I'm not saying that Ledman Group are not paying their bills or their players, but we aren't actively investing in the structure of the club. Youth coach leaves, assistant coach leaves, meeting minimum requirements for squad size, willingness to let a forward leave unpaid to pursue a rap career, removing the links with Everything Football. As one-off instances it's not an issue, but as a broader picture it's all about balancing the budget. We certainly failed to build on the season of success we had 2 years back.

We know Mr Lee wants to sell the club. So if we get to a point where we need to be bailed out again, I fear this time we won't. There's now interest from would-be expansion clubs and choosing one of them might be the easier option.

What do we actually bring the League? Andrew Howe calculated each team's performance over the last 10 years and unsurprisingly we were the worst performers. We used to be able to rely on our crowds, however we have had a crowd >10000 just once in the last 12 months and the crowd figures are declining despite having 11000 members. These are some of the metrics Wellington were judged by - so when will they apply to us? We can't rely on the often-used argument that "the Hunter is a footballing region and has footballing heritage".

I'm worried the apathy around the club, particularly from the fans, is returning. We've been up and fought for the club before - I wonder if we have it in us to do it all again.

It is a real concern and i had a discussion with my young bloke just the other day about the clubs future and how things look from a outsiders perspective not from a club official or supporter perspective and would there ever be pressure to only have one club north of Sydney. This is by no means my personal opinion but the powers that be may very well believe that maintaining the status quo north of Sydney with two seperate clubs is not working and that maybe a more successful approach would be a single entity play out of the area to the north of Sydney.

I would not put anything past Martin Lee and Charlesworth and the bean counters who would effectively get to sell another license to say the ACT or Wollongong Wolves. You don't need to be a genius to know the club is going to take at min a 2 thousand hit to the membership numbers next season if the same cost cutting approach is adopted for next season.

[The Dunster]

Clubs need more say in how the competition is run and about rules relating to sponsorships, relegation, and so on.
Because without that, taking on a non capital city franchise looks like a lot of risk for little reward.

[belchardo]

who was working on the member ownership model a few years back?

[The Dunster]

who was working on the member ownership model a few years back?

As long as they are a Milliner with a degree in Aeronautical Engineering I'm happy.

[380]

Clubs need more say in how the competition is run and about rules relating to sponsorships, relegation, and so on.
Because without that, taking on a non capital city franchise looks like a lot of risk for little reward.

Didn't this commence this season ?.

[MFKS]

I've been thinking quite hard about our situation for the last few weeks and I'm genuinely concerned about our long-term viability. The club is starting to again develop the same stench we have had with previous owners, with the obvious cost-cutting approach again consigning us to being run on the smell of an oily rag.

While I'm not saying that Ledman Group are not paying their bills or their players, but we aren't actively investing in the structure of the club. Youth coach leaves, assistant coach leaves, meeting minimum requirements for squad size, willingness to let a forward leave unpaid to pursue a rap career, removing the links with Everything Football. As one-off instances it's not an issue, but as a broader picture it's all about balancing the budget. We certainly failed to build on the season of success we had 2 years back.

We know Mr Lee wants to sell the club. So if we get to a point where we need to be bailed out again, I fear this time we won't. There's now interest from would-be expansion clubs and choosing one of them might be the easier option.

What do we actually bring the League? Andrew Howe calculated each team's performance over the last 10 years and unsurprisingly we were the worst performers. We used to be able to rely on our crowds, however we have had a crowd >10000 just once in the last 12 months and the crowd figures are declining despite having 11000 members. These are some of the metrics Wellington were judged by - so when will they apply to us? We can't rely on the often-used argument that "the Hunter is a footballing region and has footballing heritage".

I'm worried the apathy around the club, particularly from the fans, is returning. We've been up and fought for the club before - I wonder if we have it in us to do it all again.

Do you really think though the HAL in its current form is gonna go on for much longer??

I don't

It has basically reached its zenith and it is all down hill

The only thing that can be done is put more teams in capital cities

Guess what no one gives a **** about Franchise SW Sydney or Western Melburn

So what effect is putting more teams in gonna have ??
Little

The biggest issue I see going forward is the impending player wage cut that is coming

Foxtel ain't paying the money they did in the past. No other ****s is gonna step in either

So where are the club's gonna find the money to pay 3 million out on wages

I reckon there are bigger issues at play than The Jets being shit

Enjoy what we got while we can

But the reality is we need to drain the pond again

[Frodo]

Western United are falling apart as well. They've held up the new stadium build because of finances. They lost their assistant coach and their head scout. Scott McDonald supposedly went unpaid and used the PFA to get him out of their so quick that he ended up happy to be moving to Roar.

Things are not looking good round here.

[MFKS]

Western United are falling apart as well. They've held up the new stadium build because of finances. They lost their assistant coach and their head scout. Scott McDonald supposedly went unpaid and used the PFA to get him out of their so quick that he ended up happy to be moving to Roar.

Things are not looking good round here.

The stadium deal was a load of BS to start with

The thing was always contingent on land sales and housing subdivisions going ahead and that requires approval through the regulatory bureaucracies

So I don't know why anyone bought their stadium pitch hook line n sinker as it about on par with a politicians election promise for reliability

[Couscous]

This was predictable and the main reason the FFA should have backed Canberra or another genuinely viable bid.

[380]

This was predictable and the main reason the FFA should have backed Canberra or another genuinely viable bid.

Very true, However and i am happy to be corrected but didn't Fox use some financial leverage over the broke , busted and dysfunctional FFA to the tune of a few mill to select the teams they did so Fox could promote more Derbies.

For the life of me i can't believe the other bids have not pursued this.

[Jetmaster]

Wollongong and Canberra should have come first. The Fux fixation with Syd/Mel derbies will kill this league. You need more than 6 teams to have a competition.

Melbourne has struggled with 2 clubs, let alone 3. Don't think Macarthur will be anything better than the Mariners either.

[traffic light]

I've been thinking quite hard about our situation for the last few weeks and I'm genuinely concerned about our long-term viability. The club is starting to again develop the same stench we have had with previous owners, with the obvious cost-cutting approach again consigning us to being run on the smell of an oily rag.

While I'm not saying that Ledman Group are not paying their bills or their players, but we aren't actively investing in the structure of the club. Youth coach leaves, assistant coach leaves, meeting minimum requirements for squad size, willingness to let a forward leave unpaid to pursue a rap career, removing the links with Everything Football. As one-off instances it's not an issue, but as a broader picture it's all about balancing the budget. We certainly failed to build on the season of success we had 2 years back.

We know Mr Lee wants to sell the club. So if we get to a point where we need to be bailed out again, I fear this time we won't. There's now interest from would-be expansion clubs and choosing one of them might be the easier option.

What do we actually bring the League? Andrew Howe calculated each team's performance over the last 10 years and unsurprisingly we were the worst performers. We used to be able to rely on our crowds, however we have had a crowd >10000 just once in the last 12 months and the crowd figures are declining despite having 11000 members. These are some of the metrics Wellington were judged by - so when will they apply to us? We can't rely on the often-used argument that "the Hunter is a footballing region and has footballing heritage".

I'm worried the apathy around the club, particularly from the fans, is returning. We've been up and fought for the club before - I wonder if we have it in us to do it all again.

We always get bought by cheap ass coke heads. Just one good owner please

[Skirt Boy]

We always get bought by cheap ass coke heads. Just one good owner please

What's wrong with coke heads?

Makes supporting the Jets just a tad better IMO

[lil_masi]

Soccer Stoppage Time says Australian businessman Nick Nicholas, football person wants to buy 20% stake in the jets. Lee has valued the club at 15M.

[The Dunster]

Soccer Stoppage Time says Australian businessman Nick Nicholas, football person wants to buy 20% stake in the jets. Lee has valued the club at 15M.

It's not worth $5m ffs.

[380]

Me thinks Marty has his decimal point in the wrong spot.

[MFKS]

Me thinks Marty has his decimal point in the wrong spot.

Me thinks Nick is suffering some severe delusions more like it

Fancy buying a 20% stake in this club

FMD

[380]

Maybe Nick fancies himself as a footballer and would like to have a 20% say in starting himself at the selection table.

[turbojetfireV8]

Soccer Stoppage Time says Australian businessman Nick Nicholas, football person wants to buy 20% stake in the jets. Lee has valued the club at 15M.

who??? what is his business? never heard of him...

[Hunter403]

who??? what is his business? never heard of him...

Quick Google search shows 2 Nick Nicholas

1 is a linguist (cunning or otherwise) and the other a comedian..

Both would be a perfect fit for the Jets.

[Roundball Enthusiast]

Anyone who believes anything that comes from Soccer Stoppage Time are out of their mind.

They make up more shit than The Memba does, just for click-bait.

[sorefootballer]

Hunter my friend, you are the comedian.

[baldrick]

the other a comedian..



Would fit in well with all the other clowns at the jets

[Hunter403]

Hunter my friend, you are the comedian.

Thank you, I'll be here all week. Try the fish!

[sorefootballer]

Thank you, I'll be here all week. Try the fish!
I see you

[Bon]

Thank you, I'll be here all week. Try the fish!

:lulzturtle:

[MFKS]

With the impending downtown in relations between China and the rest of the world for Corona any one thinking the Chinese Lightsalesman needs to might shed his involvement with us??

The league is obviously a basket case and the trade war between US and China is gonna heat up so I don't see why he gonna want to piss money down the drain on us going forward

[Jetmaster]

Can't read it because of paywall but Herald article indicates the opposite.

[Alton]

I agree I think we will do very well out of this with Mr Lee

[turbojetfireV8]

Hoping this is the one Jetmaster is referring to:



APRIL 2 2020 - 8:30PM
Newcastle Jets owner Martin Lee willing to play the long-haul game
ROBERT DILLON

NEWCASTLE Jets chief executive Lawrie McKinna says club owner Martin Lee has expressed no intention of bailing out on the Newcastle Jets, despite the prospect of suffering further financial angst during the coronavirus crisis.

Lee has tipped an estimated $15 million into the Jets since buying Newcastle's A-League franchise in July, 2016, and his resources have been stretched thin for the past two years by the impact of US tariffs on his Chinese business empire.

This season is shaping as particularly costly for Lee, given that Newcastle's average crowd (7386) at McDonald Jones Stadium has been their lowest for 10 years and the suspension of the competition means they are likely to miss out on gate-takings from their last two home games.


There has also been mounting speculation that Foxtel is considering walking away from its $56-million-a-year broadcasting deal with the A-League.

On Wednesday, Newcastle followed six of their fellow A-League clubs in standing down players and staff until at least April 22, which is likely to be extended if, as appears almost certain, the season is unable to resume.

McKinna said he was in daily contact with Lee, whose commitment to the club has shown no sign of wavering.

"It's not even been discussed," McKinna said.

"With the restrictions on getting money out of China, it's hard for him, but he's hanging in there."

Lee started exploring the prospect of either selling the Jets or forming a joint venture almost 12 months ago, but nothing concrete came from various expressions of interest.

In the current environment, McKinna said everything was effectively on hold.

"Obviously in the past, we were actively trying to sell the club," he said.

"Martin was open to that. But with what's happening at the moment, that [selling] is off the shelf."

Newcastle's previous two owners, Con Constantine and Nathan Tinkler, both had their franchise licenses terminated when they experienced financial hardship and were unable to pay players and staff.

McKinna said this was a "totally different" scenario, because Football Federation Australia's decision to shut down the competition, on government advice, had caused cash-flow problems for all clubs.

"At the moment we've stood everyone down until April 22nd, which is the date the competition has been postponed until," he said.

"We'll obviously get direction from the FFA and A-League closer to that date.

"There are a lot of things up in the air that are out of our hands.

"We're just waiting to see what happens with FFA and Fox and things like that.

"Hopefully for the good of the game, Fox, FFA, the A-League and PFA can all get together and make it work ... all the clubs rely on the Fox money to pay the wages."


McKinna said a "skeleton staff" of Newcastle's administration personnel will continue working, on reduced hours.

Players have been given individual programs to keep fit in isolation, in the unlikely instance that the season is able to resume.

[MFKS]

So we got the Gypo CEO blowing air into the wagon again

There gonna be some big issues with the HAL in the next couple of years then you throw in the Foxtel situation I don't see things getting any better until the players take a significant pay cut and wages are halved

Whilst ever this goes on the Chinese Lightsalesman is gonna keep picking up the ever increasing bill on a depreciating value for his business venture

I don't see him continuing to do this

When you add in the variables with other owners too this comp looks like it gonna need severe resuscitation if it doesn't die

[Couscous]

With the impending downtown in relations between China and the rest of the world

What do you mean by "impending"? The relations and trade will restart soon, not shut down.

Also, many of the conspiracies spread with certainty online say this is all a Chinese gambit. So Mr Lee will soon be much more powerful than he was. We're on the right side of this war 👍

[lil_masi]

Ray Gatt saying possible movement on possible sale - offer from overseas consortium

[Jeterpool]

It's all gone very quiet.

Don't know if that's a good thing or bad.

[evolution]

Lawrie has quashed it:

Ray Gatt
@Gatty54
Hearing there could be some movement re the possible sale of the Newcastle Jets. I understand there is an offer from an overseas consortium (not Chinese).

Lawrie McKinna
@LawrieMcKinna
Not true Gatty

Ray Gatt
@Gatty54
Ok mate. But there is interest!

Lawrie McKinna
@LawrieMcKinna
Yes definatley

Ray Gatt
@Gatty54
Great. AL needs viable Jets

[lil_masi]

Lawrie has quashed it:

Ray Gatt
@Gatty54
Hearing there could be some movement re the possible sale of the Newcastle Jets. I understand there is an offer from an overseas consortium (not Chinese).

Lawrie McKinna
@LawrieMcKinna
Not true Gatty

Ray Gatt
@Gatty54
Ok mate. But there is interest!

Lawrie McKinna
@LawrieMcKinna
Yes definatley

Ray Gatt
@Gatty54
Great. AL needs viable Jets

SBS Interview had Lawrie saying talks with the Syd businessman had broken down.

[Jetmaster]

SBS Interview had Lawrie saying talks with the Syd businessman had broken down.

We were saying a couple of weeks ago SBS were trying to fan a fire that wasn't there.

https://theworldgame.sbs.com.au/ffa-threatens-to-strip-jets-owner-lee-of-a-league-licence

That article and the merger one are the only relevant stories on the World Game.

[mic22]

Chinese-owned investment firm on cusp of buying Newcastle Jets

https://www.smh.com.au/sport/soccer/chinese-owned-investment-firm-on-cusp-of-buying-newcastle-jets-20200922-p55y4e.html

We might just get 1 or 2 good seasons out of this...



sources said Sky Jade had flagged their intention to keep the club in Newcastle instead of a possible relocation
This is very concerning though: it means the option is real and has been (or still is) on the table.

[Bremsstrahlung]

Where are they relocating to though?
To become a 4th Melbourne team?
To become a 4th Sydney team?

I don’t know if anybody could look at this club objectively and say, you know what we can get more support/fans elsewhere?
Dying product and the Newcastle Jets fan base is still pretty damn strong considering the decade of disappointment. I don’t think you can get that elsewhere.
Look at Wanderers, they created football and the a league and they are struggling for supporters.

[Alton]

Chinese-owned investment firm on cusp of buying Newcastle Jets

https://www.smh.com.au/sport/soccer/chinese-owned-investment-firm-on-cusp-of-buying-newcastle-jets-20200922-p55y4e.html

We might just get 1 or 2 good seasons out of this...



This is very concerning though: it means the option is real and has been (or still is) on the table.

They are based at South Melbourne ! Look out !

[turbojetfireV8]

really not sure why an investment firm whose main aim is profit making would be interested in us at the moment, due diligence needs to include making sure they aren't into ponzi schemes as part of their business model...

[Tommyjet]

Interesting fact found out by someone on Facebook that one of the directors of this firm has ties to guangzho evergrande, one of the richest Chinese clubs.

[lil_masi]

Interesting fact found out by someone on Facebook that one of the directors of this firm has ties to guangzho evergrande, one of the richest Chinese clubs.

On their website under work experience it has:


Arthur Weng was in charge of the asset management business for Evergrande Group in China and Accor Hotel Group in Australia

They just look like young guys who all went to uni in Melbourne. Don't know how much money they would have behind them.

[R Ramjet]

It has finally happened

[Jeterpool]

/thread