oh alright then.
apologies member.
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It's OK everyone. We aren't in limbo!
http://www.theherald.com.au/story/36...-limbo/?cs=306
Quote:
Newcastle Jets: Olyroo Steve Ugarkovic in line for debut as CEO disputes club in limbo claims
By: James Gardiner
OLYROOS midfielder Steve Ugarkovic will participate in his first full Newcastle Jets training session on Wednesday ahead of a likely debut against Adelaide United.
And club management hope to finalise another new addition as the Jets attempt to bounce back from a 6-1 capitulation to Perth and keep their fading finals hopes alive in Adelaide on Sunday.
“We are getting closer,” chief executive David Eland said with regards to signing a player with the proceeds from the sale of Lee Ki-je.
“We are doing everything we can to make sure we get the right player. We are fortunate that Scott [Miller] has mentors and a lot of people across Europe he can consult. That has been a big part of the due diligence. We are getting closer.”
With the search for a new owner continuing, some long-suffering fans have questioned FFA’s commitment to the Jets and suggested that the club is in a holding pattern, claims that Eland rejects.
“Clearly the club is not achieving the results that we want to achieve,” said Eland, who splits his time between running the Jets and Northern NSW Football.
“As far as the club being in limbo … I understand where the fans are coming from. I wish I was a fan of a club that won every week and won every championship.
“What I would say is let’s not underestimate what the FFA have done here. For the governing body to come in and take over the licence after Nathan Tinkler – it is on the record that the club is projected to lose $1.5 to $2 million this year – is a massive contribution.
“When Ki-je was sold, they also released additional funds for the club which we are in the process of trying to invest in the right player. I don’t think that is reflective of a club in limbo at all.”
It has been six years since the Jets last made the finals, and barring a run of positive results that will be stretched to seven.
“There are certainly some fans who are taking offence to the word rebuild,” Eland said.
“But there is no way to sugarcoat it. The club is rebuilding. There are still legacies from the past that cannot be undone overnight. It is going to take time to build the depth and quality in the team.”
Ugarkovic, who is on an 18-month deal, has been recruited with a view to the future.
He arrived in Newcastle late Saturday night, watched the loss to Perth on Sunday, and joined the team at recovery session on Monday. They had Tuesday off training.
Miller will be forced to make at least one change with skipper Nigel Boogaard suspended.
Meanwhile, there was speculation on Tuesday night that former Jets golden boot Adam Taggart is headed back to his home town club Perth, but not until next season.
David Elland is correct. The club is not in limbo. Just so happens to be in pergatory.
Lose 6-1
Exactly why the **** do they get a day off training??
getting pissed is way more productive at this stage
how would training help?
seriously, it's useless
Training would help these ****s heaps.
Stick a ball on the back of a ute drive it around Ray Watt and have the team chase it.
They need to learn to run after the ball and start closing down
At least physically punish them for their weak effort at the weekend not wash their hands and accept that level of mediocrity
Set some standards FFS
Cometh the hour, cometh the man....Griff has spoken. He was a leader on the field for the Jets, now he is a leader when our club needs some leadership and direction...
Newcastle Jets: Joel Griffiths believes community ownership the answer
By Joel Griffiths
I READ with considerable interest this week that another potential buyer has surfaced for the Jets.
A Chinese investor, seemingly with deep pockets, and the desire to own an A-League club.
It got me thinking. What do these people know about the A-League? More importantly, what do they know about the Hunter, the people who live here and the football fabric?
It’s great that the Jets have attracted interest, whether it be from China or any part of the globe. But as a former player and fan, I need to know more.
What is their modus operandi? I want to know their plans for the club. Give me a five-year outlook.
If the right party emerges – someone who puts money into the club, engages the community and does everything right – I would be the happiest man this side of the Caltex twin servos.
The Jets can be a powerhouse again. But, as history has shown, it could also go pear-shaped very quickly.
No doubts the FFA will do their due diligence.
See your ad here
If nothing comes of the latest interest – similar to how the Stephen Thompson deal went quiet and now appears dead – what does the future hold for the Jets?
The FFA has been holding the can since it took the licence from Nathan Tinkler. But how long will it continue bankrolling the club? Are Wollongong or Canberra next in line?
Rather than wait for a “White Knight” to come along, the answer could be in front of us. I urge the football community to start thinking and form an opinion on a Hunter ownership model.
There is a belief that we need a James Packer, a Gerry Harvey or a John Singleton to come along. Yes, they have the runs on the board, deep pockets and are well known and respected. But they don’t have an intimate knowledge of Newcastle. Even Nathan Tinkler, when did he last live here? We have people who know the region, have the business acumen and the passion to get it done. I have spoken to them.
Whether it is a consortium of 10 to 20 people who own a majority stake, with members making up the rest, that is to be determined.
In the German Bundesliga at least 51 per cent of every club must be owned by members. Where are they? World champions.
I can’t stress enough how important it is to get the right people. Everyone must be on the same page and work together.
Yes, the Breakers were owned by a local consortium – good people – and lost money. Times have changed. The A-League is different to the NSL. It has a salary cap, has more income streams and exposure through television and the move into Asia. A new broadcast deal is due in 2017. Right now is the perfect time to buy.
We have the resources and people. The reward is we get a bankable A-League future and forge our own destiny.
So how much money is Griff putting in?
The Daily Football Show interviewed Damian De Bohoun the other day and asked for questions to be submitted. I obviously asked about ownership as I am sure others did too.
Key points he said were:
A prospectus is nearly done in conjunction with UBS. (Still?!? This is very poor given how long it has been since linking with them again)
There are many artiest interested including businesses, consortiums and single owners
The aim is still to have us sold by next season.
So nothing really to go "wow" about. The delay in publishing the prospectus is the really concerning thing I took away from it all
So this season turns to next. Fits the Jets to a T
But it's all okay.
Our part time interim CEO says we aren't in limbo and that his bosses (for both of his part time jobs) are really really really super duper good guys.
kvnt reflection
bad luck big fella, you've been really hard done by.Quote:
Nathan Tinkler declared bankrupt over jet sale
Brian Robins and Colin Kruger
Published: February 9, 2016 - 1:31PM
Advertisement
Hard on the heels of attempts to revive his coal industry credentials, controversial businessman Nathan Tinkler has been declared bankrupt over funds owed from the sale of his luxury private jet, although the ruling has been stayed pending a possible appeal.
Mr Tinkler has been fighting since mid-last year to stave off the bankruptcy claim from GE Commercial, which claimed he owed $US2.3 million on the jet.
In November 2012, GE Australasia appointed Taylor Woodings as the receiver of TGHA Aviation. He subsequently impounded Mr Tinkler's Dassault Falcon 900C in Singapore and Agusta A109S helicopter in Brisbane.
A former Tinkler staffer was quoted at the time as saying his boss "loved the jet like a child" and "used the helicopter like a taxi".
On Tuesday morning, Justice Gleeson in the Federal Court declared Mr Tinkler bankrupt, although the ruling has been stayed until this afternoon, since Mr Tinkler's lawyers have indicated they will seek to appeal.
The bankruptcy ruling is the latest in a litany of legal actions involving Mr Tinkler, which at one point included having an arrest warrant issued over the liquidation of his Patinack Farm equine venture.
It follows recent efforts to re-enter the coal mining industry, where he made his original fortune, with the planned purchase of a NSW coal mine. Earlier this month, interests associated with Mr Tinkler raised $20 million to part fund the purchase of the Dartbrook coal mine in the Hunter Valley.
In Tuesday's decision, Justice Gleeson found in favour of GE Commercial, which claims Mr Tinkler owes $2.8 million.
If the bankruptcy ruling stands, it may derail Mr Tinkler's comeback plans, since he was appointed a director of Australian Pacific Coal, the entity through which he bought the Dartbrook mine, last October. Bankrupts are not allowed to be company directors.
Under the judgment, the bankruptcy would take effect from July 16, 2015, the date of the original claim by GE Commercial.
Mr Tinkler has sought to dispute the veracity of the bankruptcy notice, claiming it is defective largely over the currency converter used.
This story was found at: http://www.smh.com.au/business/aviat...09-gmp6s8.html
http://www.sportingnews.com/list/469...t/slide/438631
Not sure how credible this site is, but apparently the FFA are in talks with two options to buy the Jets, a chinese option and Newcastle United.
Mike Ashley really has a taste for shit football teams doesn't he?
Did anyone listen to the Jetstream Podcast - there is a Griffo option.........
Brief Google search of the Ledman Group. These farkers have there finger in a lot of pots, who new X-mas lights could be so profitable.
how about NUFC keep their own team away from the relegation zone before worrying about buying us thanks...
Still an owner of a struggling EPL side is still x100 better than an owner of a struggling SPL side.
I think it's good that there appear to be at least 2 entities interested in buying our club. It all seems very hush hush at this stage so it's hard to say what would be the best outcome for the Newcastle Jets, which is what should be the FFA's priority but we all know it will come down to $$$ for them.
I mentioned on another thread that Heskey was trying to peddle us to Leicester City two years ago to howls of merriment and disbelief that we would consider a team about to be relegated owning us.
NUFC have a great stadium, loyal fans, a hated rival just up the road. They should be one of the biggest clubs in the EPL but mismanagement and instability cruels their chance every year.
Match made in heaven I say.
They were saying on soccer stoppage time last night that when the asian rep was here a few weeks ago regarding the jets no one at FFA HQ could give them a document re the sale, nor took them out to lunch or anything. Not very professional when you a hosting a potential buyer!!
If you want to know what sort of owner Mike Ashley is go have a read of ashleyout.com
Or just have a chat to the numerous NUFC fans who also happen to be Jets fans as well.
do the Ledman Group own a Chinese Super League team? I reckon the minimum we need is someone who can show through their existing football assets what they can bring to the table, though discounted Christmas lighting on sale from the Merchandise stores at the ground might bring some punters out to the game at least once a year...
I'm pretty sure they're the naming right sponsors of the Portuguese second division
This was up on the Herald website late this arvo about Chinese Businessman Lee and what he owns and his links with football....
http://www.theherald.com.au/story/37...g-jets/?cs=306