lol that yoof gameQuote:
Originally Posted by militiamon
Printable View
lol that yoof gameQuote:
Originally Posted by militiamon
I spoke to him and it all sounded legit, but he didnt want it widely advertised, which is different to what he has told some other people.Quote:
Originally Posted by GazFish35
I also got the coffee cup picture.
https://audioboom.com/boos/3214405-i...-david-collins
Decision regarding Coach should be sorted by the end of the week
I take it the new coach decision will be announced by end of week ??
Not a week long enquiry as to whether Muppet keeps his job??
Well it's a bit vague but unfortunately sounds like it could be a week till we find out he (hopefully) is gone!!!!! Majority would have made that decision last February but it seems they (FFA) need few more days??Quote:
Originally Posted by MFKS
it would be a show of faith in the Newcastle fans for the FFA to do us a favour and get rid of Stubbins before the end of the week
I am tipping if Muppet was keeping his job it would have been sorted by now, As simple as status quo here you go here are your identical terms as previously under HSG please sign here. Muppet signs ASAP because no other mob would be stupid enough to give him a gig, Not even as a linemarker or working in the tuck shop.
The fact no anouncement til the end of the week suggests to me they have there man and are just dotting the i's and crossing the t's an some paperwork before an anouncement.
Thats the hope anyway
there's one of each in shitQuote:
Originally Posted by 380
a c, a u, an n, and another t usually follows when describing Stubbins
That's not entirely accurate.Quote:
Originally Posted by boz-monaut
The word useless tends to proceed that word
****ing hell. Was just trying to work out what acauannt spelt.Quote:
Originally Posted by boz-monaut
I need sleep.
ill go with thatQuote:
Originally Posted by 380
once this business is sorted, the fat man and his Muppet will be damnatio memoriae on this forum
we've collectively fixed history's mistakes on previous occasions, we can do it again
Should we just jump from 25/02/08 to tomorrow and pretend it all never happened?
Or that it was a dream within another dream wrapped in a nightmare that took 24 hours in real time to get out of, but in relative time took 7 yrs & 3 months?
Or did we all just smoke some really bad shit?
didn't happen. We were out the comp there for a whileQuote:
Originally Posted by furns
That was in the Newy Herald either last Thursday Friday.Quote:
Originally Posted by Grimario
That just shows you what a two bit hick town Cooma is where it takes 4-5 days for the news to reach.
Even more bizarre these days with the internet.
NBN can not come soon enough
If that is true then some massive issues are there about the legalities of the club trading in a state of insolvency last season.Quote:
WHILE the Newcastle Jets were slipping into deep financial trouble at the start of the A-League season last year, Football Federation Australia was brokering a secret deal.
With the weight of $271,502 in unpaid wages weighing heavily on his mind, former Jets owner Nathan Tinkler told FFA on October 10 he was withdrawing financial support.
The Jets were due to play their first game of the season, against the Central Coast Mariners, the next day.
Five days later, FFA made a secret payment to the struggling club – a $300,000 loan – to cover staff and player salaries and provide a small amount of working capital.
Details of the deal were outlined for the first time in a creditors report, obtained by the Newcastle Herald, by Newcastle Jets administrator James Shaw.
For the next three months, the Jets limped along against a backdrop of mounting creditors until, on January 14, FFA stepped in to demand Mr Tinkler settle a host of liabilities, including its loan of $300,000, long-overdue unpaid employee superannuation and debts to several creditors.
The bill was more than $1million.
On January 30, the Jets advised FFA that they couldn’t pay.
According to Mr Shaw’s report, within seven months of FFA throwing the Jets a lifeline to keep the club in the A-League competition, it racked up $1.9million in debts.
Much of it was to unsecured creditors, including local mum-and-dad businesses, who may never see a cent.
Mr Shaw’s investigations indicate the Jets were most likely insolvent from the day Mr Tinkler went to the FFA in October to withdraw his financial support.
“Evidence available to me suggests the FFA was aware of the company’s insolvency,” he said.
Among the wreckage left behind the fall of the club has emerged a new battle, as FFA takes on the administrator, accusing its report of being “misleading” and “inaccurate”.
A-League boss Damien de Bohun said on Friday that, far from being aware that the Jets were insolvent in October, FFA was told by Mr Tinkler weeks later he was reconfirming his commitment to the club.
“FFA will consider its options in advance of the next creditors meeting, including possibly seeking the removal of the administrator,” he said.
In an interview published on November 8, 2011, the Herald asked FFA chief executive David Gallop if FFA was subsidising the Jets, or if the club had been paying its own bills.
‘‘It’s not appropriate to disclose all the arrangements that are in place, other than to say we’ve got good visibility over what is going on up there. We’re satisfied there are resources to keep the team and the club going, at the moment.’’
When asked to clarify if those ‘‘resources’’ were provided by the club, Mr Gallop answered: ‘‘I know you’re pushing me on that, but I’m not going to say any more than that.’’
The club’s demise was a far cry from September, 2010, when Mr Tinkler stepped in at the 11th hour to save the Jets from extinction when former owner Con Constantine experienced financial difficulties.
Soccer fans could not believe their luck when, during a honeymoon period, the Jets announced coup after coup, all bankrolled by Mr Tinkler, who admitted he was no great fan of the game.
Five years later, the embattled club was lurching from disaster to disaster and not surprisingly had made a terrible start to the A-League season. Chief executive Robbie Middleby and chairman Ray Baartz both resigned in January.
It looked like the end was near, but on February 4, Mr Tinkler’s lawyers wrote to FFA reconfirming his commitment to the club, detailing a host of debts to be paid.
In what was seen as a “rabbit-out-of-a-hat moment”, two days later Mr Tinkler stunned everyone by settling about $500,000 worth of Jets debts.
“FFA was given written and verbal assurances from Nathan Tinkler and his lawyers that the company would be recapitalised and would repay debts,” de Bohun said on Friday.
But over the next few months a series of extensions were negotiated for the club to resolve remaining bills, Mr Tinkler repeatedly failed to meet his obligations, and a bitter fight erupted with FFA.
The last remnants of Mr Tinkler’s sporting empire began to crash around his ears when in February and March, FFA withheld $300,000 of grant money to settle its loan.
The final nail in the coffin came when the Australian Tax Office stepped in to seize the FFA funding used to pay Newcastle Jets players.
All A-League clubs receive a grant each year from FFA, in 12 monthly instalments, to cover player wages.
In March, April and May, the ATO seized $476,091, players went unpaid and pressure intensified on Mr Tinkler.
Behind the scenes, FFA – aware that the ATO was about to step in – moved quickly to recoup its $300,000 debt by withholding Jets payments.
It was a case of the ATO take the money, or FFA.
“FFA was not legally permitted to provide distributions to HSG while the ATO order was in place,” Mr de Bohun said.
With FFA threatening to revoke his operating licence, a defiant Mr Tinkler placed the Jets in voluntary administration on May 20.
Hours later, FFA revoked Mr Tinkler’s licence.
Not to mention it does make the FFA slightly complicit in the cluster **** that went on
Member - make sure you link the article please. Last thing I need is the herald bitching we are posting content without crediting them.
A number of other articles on the whole Tinkler mess also
http://www.theherald.com.au/story/31...-from-tinkler/
Explains why I think one of of the four months wages are paid on time
http://www.theherald.com.au/story/31...5-in-the-bank/
http://www.theherald.com.au/story/31...idation-looms/
Lesson for the kids - if you are placed "in charge" of a company for a family member make sure you know what is actually going on at the company you are supposed to be running.
As long as Tinklers sister has a 99.96 batting average at test level she should be immune to any charges just like Donald Bradman was when he pulled a similar stunt back in the day.
Are these ****s a Tinkler/Stubbins bunch of ass lickers?
Why the **** aren't they lambasting Tinkler for not paying Stubbins his $150k? Why are the blaming the FFA who have no obligation to pay Stubbins anything? He's contracted to HSG, he can **** off and get his share in the courts along with the other millions of creditors.Quote:
Soccer Stoppage Time @SocStoppageTime
Why is the FFA demanding a licence fee from potential parties interested in buying the Newcastle Jets FC.
Dundee United Chairman has been told he needs to pay a licence fee to acquire the Newcastle Jets . FFA has previously sold licence to Tinkle
If a licence fee is charged then the FFA should use it too pay off the Tinkler debts including former staff and coaches
FFA have failed former staff and coach Phil Stubbins offered $ 3,000 compensation from a the $ 150,000 owed to him.
The disgusting $ 3,000 offered to Stubbins would only be paid by FFA if he signed a confidential agreement. Disgraceful action Mr De Bohun