Daily Australian News Thread 2014

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Originally Posted by GazFish35

Whose funding it then?
I'd assume the players wages are guaranteed under the CBA, but what about the poor bastards in the office?

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Originally Posted by Grimario

Who is? FFA have said clubs can cover salary cap with TV revenue alone, right? Throw in income from merchandise and memberships, that should cover a bunch of other overheads.

Maybe?

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Money is coming from -FFA grant, memberships sales, merchandise preorder, and whatever sponsorship money tinks didn't run off with

Just listened to the that podcast. Jeez, Tony really hates Middleby.

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Originally Posted by Grimario

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Haha sorry grim! Was thinking about disc golf and missed your post!

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Originally Posted by GazFish35

Approach them with what? We haven't got 10,000 members with the cheapest tickets in the league, we aren't going to get enough fans to buy into the club to keep it afloat.

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I guess where you would start is to get a petition of supporters who would prepare to become shareholders, and then see how much of a shortfall you have, and what kind of major investor you would need.

A deal brokered by the FFA with a major investor might be made easier if they knew that supporters were willing to take a $2-3 million stake in the club.

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Originally Posted by hausmann

Surely this is not a requirement in a firesale. Tinkler wants out so the management of a poorly performing club would be the first thing you'd want to cut. I can't see Tinkler knocking back an offer just to save Middleby's arse.
Regarding the price of tickets, a new owner can just raise the prices. That shouldn't be a massive hinderance.
What was the date of the podcast that they discussed all this?

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We dont need or want a tight ass regime running a club whilst trying to run out.

Need ffa to take the reins, build up a good product then sell.

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Originally Posted by hawk

We dont need or want a tight ass regime running a club whilst trying to run out.

Need ffa to take the reins, build up a good product then sell.

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But we can't do anything about it.

You only need the FFA to take the reins if you want the FFA to earn a profit on the sale, which is what they will want. It's the difference between buying a solid house in need of renovation or one that someone has already renovated. If you have the know how, you can save money by doing the renovation yourself. Owners that are in the business of running football clubs don't really need someone to do that for them, especially when they can see that our club already has a track record of drawing decent regular crowds and big crowds when winning. Western Sydney Wanderers had no such track record.

I would rather the new owner got the club on the cheap rather than being an extra $5m in debt because the FFA wanted more money for it.

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Victory, who are expected to exceed last season’s membership base of 22,021, are expected to post a $1m profit this year.

They made a $255,000 profit from about $14.4 million revenue in 2013.

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Who said running a football club in this country is necessarily a loss making activity. Although victory get 20k every week for a city of 4-5 million you could argue they should be doing better

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Originally Posted by MFKS

Who said running a football club in this country is necessarily a loss making activity. Although victory get 20k every week for a city of 4-5 million you could argue they should be doing better

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That's such a small profit for an organisation that earns $14.4m in revenue. Especially when you consider that the player salary cap is around $2.5m. Where the hell does the rest of the money go?

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Originally Posted by hausmann

That's such a small profit for an organisation that earns $14.4m in revenue. Especially when you consider that the player salary cap is around $2.5m. Where the hell does the rest of the money go?

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Weren't they paying Flores when he was at Gypos??
Postecoglou wouldn't have been cheap either
Would expect they have plenty of support staff etc
They also tend to use the marquee/ aus marquee etc

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Originally Posted by hausmann

That's such a small profit for an organisation that earns $14.4m in revenue. Especially when you consider that the player salary cap is around $2.5m. Where the hell does the rest of the money go?

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A profit is a profit, innit? When was the last time a hunter football club made any profit?

I can't imagine AAMI or ethihad would be cheap to rent

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Originally Posted by MFKS

Who said running a football club in this country is necessarily a loss making activity. Although victory get 20k every week for a city of 4-5 million you could argue they should be doing better

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That was for that year. Victory have accumulated losses on their balance sheet.

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Originally Posted by GazFish35

But I suppose the injuries are already happening.

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Stubs can't use injuries as any sort of excuse when he signs players that are already injured.

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Originally Posted by Grimario

Are they contracted to HSG or to Jets though? Both have job roles specific to the Jets, not HSG, right?

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If Wayne Bennett was any indication they may be employees of HSG, not the Jets.
If that's the case, sell the assets (team), fold the company and avoid the payouts.
If structured correctly (most accountants can do this in their sleep) its a pretty simple process.

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Originally Posted by plague

Stubs can't use injuries as any sort of excuse when he signs players that are already injured.

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That's assuming the coach decides his squad and not the bean counters

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Originally Posted by hausmann

But we can't do anything about it.

You only need the FFA to take the reins if you want the FFA to earn a profit on the sale, which is what they will want. It's the difference between buying a solid house in need of renovation or one that someone has already renovated. If you have the know how, you can save money by doing the renovation yourself. Owners that are in the business of running football clubs don't really need someone to do that for them, especially when they can see that our club already has a track record of drawing decent regular crowds and big crowds when winning. Western Sydney Wanderers had no such track record.

I would rather the new owner got the club on the cheap rather than being an extra $5m in debt because the FFA wanted more money for it.

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I see it as buy off a dodgy owner get a cheap product that falls apart.

I understand your point, get an owner who buys cheap and MAYBE improves us whereas we might jag a comp on the way to new owners with ffa take over. give me a Quick win...:P

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Originally Posted by GazFish35

That's assuming the coach decides his squad and not the bean counters

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So now we've got Stubbins, GVE and Middleby all claiming the "my hands are tied" excuse?
None of them get to use it.
You're not happy? Resign.
You want the job? ****ing do it.
Simple innit?

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Originally Posted by plague

So now we've got Stubbins, GVE and Middleby all claiming the "my hands are tied" excuse?
None of them get to use it.
You're not happy? Resign.
You want the job? ****ing do it.
Simple innit?

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I'm not sure I've heard Stubbins complaining, it's all assumptions.
And they may well have been promised him the world.

Plenty of bosses lie more than applicants at interview.

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Originally Posted by GazFish35

I'm not sure I've heard Stubbins complaining, it's all assumptions.
And they may well have been promised him the world.

Plenty of bosses lie more than applicants at interview.

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Well I think we'd all be better if we didn't make these assumptions on their behalf then.
Makes us (as fans) seem to condone the utter tripe that's been dished up over the years.
Maintain the rage and all that.