....just hope our potential owner Mr Lee wasn't present at the 6-1 drubbing against Perth a few weeks back!!!
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....just hope our potential owner Mr Lee wasn't present at the 6-1 drubbing against Perth a few weeks back!!!
New crew - lee's legends?
As long as we become the "Newcastle Whowin" i'll be happy
Hope his dad Bing is into the deal.
So, Tim Cahill just announced his contract with Shanghai Shenua has been terminated.
It's a sign.
I would lose all of my bodily fluids at once if all this was to occur.Quote:
Originally Posted by baldrick
Your body fluids are safeQuote:
Originally Posted by Jetmaster
Quote:
Originally Posted by lquiquer
Party pooper :tongue:
Quote:
Originally Posted by stopper2
:lol:Quote:
FFA engaged UBS Bank in November to broker a sale, with an asking price of about $5 million.
Yeah right...No top 6 finals in a dodgey 10 team comp for, lets face it, 7 seasons,
a basket case of history with former owners, a membership that's going to be questionable for next season.
Try $3.5m ya dolts. That's all I'd pay if I was Chickety China.
Nothing like a bit of casual racism hey!Quote:
Originally Posted by Jetmaster
Or perhaps referencing they have the same last name.Quote:
Originally Posted by leftrightout
Yeah, yeah - I hear the same crud every year. Newcastle supporters have come back even after a complete and utter year from hell. Nothing's going to change fan-wise.Quote:
Originally Posted by Retro Jet
We just need some $$$$!
Thanks mate - is it any wonder we don't see Mind Your Language and Love Thy Neighbour on TV any more when the racism card is played so readily.Quote:
Originally Posted by rhysd
It is a shame, too many 'cards' being thrown about these days. So many people getting offended these days.Quote:
Originally Posted by Jetmaster
if we can get on board an owner who isn't in immiment danger of going bankrupt for a change that in itself might be encouragement enough for the fans to join up next season...
my only concern was Marty's deal with the Portuguese league of having compulsory Chinese youth development players (which their players union rejected) - would depend how that was gonna work, cos I would imagine it would be high on his list to do with any team he buys here
Visa restrictions etc nullify this slightly.
Do they impact on youth?Quote:
Originally Posted by Jetmaster
could a Chinese ownership essentially send 13yr old kids over, and have them work through the academies, get citizenship after 5 years then play national youth league here if they're not good enough to be taken back to the CSL?
If this is the case then the only newy way to answer this...no way, get f***ed, f*** offQuote:
Originally Posted by GazFish35
Big hypothetical though
jets fans cheap white goods?
Wonder what ChAFTA says about the movement of labour?Quote:
Originally Posted by GazFish35
****en bogan mentality!Quote:
Originally Posted by hawk
The mind is like a parachute...it works best when it is open.
http://www.smh.com.au/business/cbd/n...02-gn94ss.html
Not sure where to put this.
Gee Tinks still owes Gerry Harvey $22 Million!!!....shit he must have some spare coin!Quote:
Originally Posted by Jeterpool
https://www.redhotbargains.com.au/wp...erest-Free.jpgQuote:
Originally Posted by stopper2
:gent:
Quote:
Newcastle Jets: FFA loses $2.4m since taking over A-League club
THE FFA hopes to sell the Jets by the end of the year after incurring millions of dollars in losses running the club since taking it off Nathan Tinkler in May.
The governing body is set to announce $2.4 million in losses from running the Jets this season after a proposed sale to Dundee United chairman Stephen Thompson collapsed late last year.
It is understood the FFA was forced to honour existing debt associated with the club, including superannuation owed to players, unpaid stadium costs and loan fees owed to foreign clubs.
Having cleared the debts, the forecast loss for next season will be about $1.8 million if the FFA does not find a buyer.
"FFA is not in a position to comment on financial information relating to the Newcastle Jets while a comprehensive sale process is under way," a spokesperson said.
However, the governing body is hopeful of finding a new owner for the club before the end of 2016. Six prospective buyers have formally enquired about buying the 2008 champions.
The club will be sold when a buyer meets the price and conditions acceptable to FFA.
- FFA
The FFA hired financial services company UBS to oversee the sale of the Jets.
Six information memorandums and confidentiality agreements have been signed between UBS and interested parties.
See your ad here
The FFA reached a deal in principle with Dundee's Thompson last year, but the proposed sale collapsed after negotiations stalled past the governing body's deadline.
It is understood the FFA's asking price for the Jets is about $5 million.
"Six parties have been identified as having genuine interest and capacity to purchase the club. Those parties have an information memorandum that clearly sets out the finances involved," the spokesperson said. "The club will be sold when a buyer meets the price and conditions acceptable to FFA.
“There's no deadline, as such, but FFA has made it clear we don't want to retain ownership of the Jets any longer than necessary."
The Australian Financial Review reported recently that only 17 Australian football clubs of all codes recorded a profit last year, including the A-League’s Melbourne Victory ($1.51 million) and Western Sydney ($500,000).
http://www.theherald.com.au/story/37...t-jets/?cs=305
It always seems to be "next year".
That's a huge loss to be making when you factor in we're run on fumes and also sold Leaky G in that period. No money outside the cap, skeleton staffing levels and still a high membership base. Haemorrhaging money... why would anyone want to be involved?
Loan fees? To who?
Quote:
Originally Posted by Grimario
yeah this is a very good point and other than a massive increase in corporate sponsorship and added TV money in the next deal how the hell would they ever go close to breaking even at least?
Wasn't Edson on loan?Quote:
Originally Posted by Thomas477
Probs Gerry HarveyQuote:
Originally Posted by Thomas477
Quote:
Originally Posted by Thomas477
YesQuote:
Originally Posted by GazFish35
Stupid if you don't see him during interest free periodsQuote:
Originally Posted by plague
Yeah but all those hidden fees are where he's making his money, Gezza wasn't born yesterday ;)Quote:
Originally Posted by Jeterpool
:rof:Quote:
Originally Posted by turbojetfireV8
This ...Quote:
Originally Posted by Grimario
Add to that the exorbitant wages being paid to some players during the handover and the overall state of finance when Tinks left.Quote:
It is understood the FFA was forced to honour existing debt associated with the club, including superannuation owed to players, unpaid stadium costs and loan fees owed to foreign clubs.
This is not the way the club would normally operating - Tinks mess will take at least two years to clear.
hang on. wsw and Brisbane cost a load more when they were ffa run but that wasnt called a loss. nice spin that
But...Quote:
Originally Posted by Jetmaster
This statement suggests debts are cleared and the club expects to lose $1.8m per season. That means Tinks debt payoff was 600k or so + whatever the sale of Leaky G got the FFA.Quote:
Having cleared the debts, the forecast loss for next season will be about $1.8 million if the FFA does not find a buyer.
And exorbitant wages? Irrelevant, all inside the cap which is covered by TV money. Salary spend should be a net zero result if only inside the cap... and we certainly didn't have anyone outside of it.