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.
Printable View
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).
maybe Wests can buy us with a Tinkler MkII motive to f*ck us over completely...
I just bought an LED bulb from a competitor, Ledvance, so I guess I'm part of the problem.
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.
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.
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.
who was working on the member ownership model a few years back?
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
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
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.
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.
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.
Me thinks Marty has his decimal point in the wrong spot.
Maybe Nick fancies himself as a footballer and would like to have a 20% say in starting himself at the selection table.
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.
Hunter my friend, you are the comedian.
I see youQuote:
Originally Posted by Hunter403;23***6
:lulzturtle:Quote:
Originally Posted by Hunter403;23***6
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
Can't read it because of paywall but Herald article indicates the opposite.
I agree I think we will do very well out of this with Mr Lee
Hoping this is the one Jetmaster is referring to:
Quote:
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.