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Thread: Daily Australian News Thread 2018

  1. #1181
    Senior Member evolution's Avatar
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    Quote Originally Posted by plague View Post
    Ray Gatt reported on Twitter that Hillary won.

    This is all #fakenews

    #MAKEALEAGUEGREATAGAIN
    #Trump 2020

    He's also a gypo supporter so probably jealous of us actually having a decent owner so looking to put the boot in wherever he can.

  2. #1182
    Senior Member MFKS's Avatar
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    Quote Originally Posted by lil_masi View Post
    Gatty's got an article in the Australian about how the US tariff on China could effect Martin Lee's investment in the Jets.

    EXCLUSIVE
    RAY GATT
    SPORTS REPORTER

    The ripple effects of Donald Trump’s aggressive trade war have reached as far as a soccer team in Newcastle, whose *Chinese owner’s financial commitment has been put in doubt by a 25 per cent US tariff.

    Multi-billionaire Martin Lee has considered a big chop to the budget of his Newcastle Jets after watching his LED lighting fortune cut in half in only five months.

    His industry was slapped with the tariff in an effort to lessen the trade imbalance between the US and China.

    Mr Lee bought the Jets from Football Federation Australia for $5 million in 2016, after the governing body had taken the *licence from the previous owner, fallen coal baron Nathan Tinkler. Mr Lee was considered a billionaire at the time, but the plunging share price of his Ledman Opto-electronics Group clearly has him worried about assets such as the Jets, which hosted and lost last season’s A-League grand final to Melbourne Victory.

    The Australian can reveal that Mr Lee approached Jets management several months ago and floated the idea of cutting as much as $600,000 from the players’ wages bill.

    While sources say he eventually pulled back, given the enormous effect it would have on the club’s chances of success this season, it is clear he remains nervous about the situation with the US and the impact it could have on his business interests here and at home.

    Mr Lee is chairman of the Shenzhen Stock Exchange-listed Ledman, which makes LED signage. Some of the signage has been used at A-League matches via a deal with outdoor media company QMS. Ledman’s share price has more than halved from more than 11 Chinese renminbi a share at the end of May — just weeks after the Jets lost the A-League grand final — to be trading now at about 5.20 renminbi a share.

    The US President has led the effort to impose a series of tariffs on Chinese imports to America, including lighting components.

    The flow-on effect for the Jets of the 25 per cent tariff could be disastrous if the situation worsens. Newcastle’s budget is in the bottom half of the 10-team national competition and a significant reduction in the players’ wages budget would have serious consequences for the club’s operations. The Jets have been the least active in the transfer market in the off-season, signing just five players, most on modest wages.

    The Jets have had their share of issues with owners during the club’s 14 years in the A-league. One-time coal billionaire Mr Tinkler had his ownership stripped by former soccer boss Frank Lowy after his wealth plunged, only a few years after property developer Con Constantine was forced out when the global financial crisis struck his fortune.

    Mr Lee signed one-time Gosford mayor and former Central Coast Mariners boss Lawrie McKinna as chief executive but reportedly lost $3 million in his first season in control of the Jets, who finished with the wooden spoon after winning just five of 27 games.

    Mr McKinna, who helped broker Mr Lee’s deal with the FFA, engineered the signing of coach Ernie Merrick. He guided the Jets to second spot on the table before a controversial 1-0 loss in the grand final at home in Newcastle on May 5.

    A keen football fan, Mr Lee also owns a Shenzhen team in China and has the naming rights for Portugal’s second division.

    The Jets are one of seven of the 10 A-League clubs owned by foreign interests.
    So clubs get more power with the FFA congress change and straight away they playing the politics game to start getting costs down and the first thing on the hit list is players wages being reigned in

    PFA about to be brought into the reality of Aussie football not the delusion they live in
    Quote Originally Posted by plague View Post

    Double-eff-aye should introduce a 3rd division and dump these ice addict welfare living scumbags straight there. dont even let them get their stink anywhere near 2nd division.

  3. #1183
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    So I bought a subscription to the herald hoping I can post their stories for everyone. I'll do my best to get them up in a timely manner.
    Headline is about the trump economic sanctions on the Chinese and its affect on mr lee.

    Chief executive Lawrie McKinna insists the Newcastle Jets will spend more on players this season than in any other despite owner Martin Lee’s business taking a major financial blow.

    It was reported on Tuesday that Lee’s company, China-based Ledman Opto-electronics Group, has felt the brunt of a trade war with the US and the introduction of a 25 per cent tariff by President Donald Trump.

    As a result Ledman’s share price has halved since May and the impact threatens to flow on to his other business interests, including the Jets.

    However, McKinna said the club’s budget remained unchanged despite Lee proposing in July a $600,000 reduction as part of cost cutting across his companies.

    “It has been business as usual,” McKinna told the Herald from Germany where he is presenting at a conference and meeting with the boss of Bundesliga club Borussia Dortmund. “We are working from the same budget we had approved in July. Martin asked us if we could trim it. I said we couldn’t and explained why. We are going into qualifiers for the Asian Champions League and we need to spend money on the squad. He said: ‘no problem, just be careful what you spend’. Since then we have put on football and administration staff and recently signed Jair.”

    The Herald understands that the Jets’ player budget for last season was about $3.7million, around $750,000 above the salary cap. Ronny Vargas was the club’s first marquee signing, whose contract sits outside the cap, since the exit of Emile Heskey in 2014.

    “Last year was the most the club has spent on players, and this year will be about the same again, slightly more,” McKinna said.

    As well as re-signing Vargas and adding Jair and Kiwi international Matthew Ridendton, the Jets have upgraded and extended Dimi Petratos’ contract. Captain Nigel Boogaard and fellow regulars Jason Hoffman and Steve Ugarkovic have also signed new deals beyond this season.

    In the absence of McKinna, football operations manager Joel Griffiths and coach Ernie Merrick will address the players before training on Thursday.

    “It is important to reassure them that it is business as usual,” Griffiths said.

    Griffiths confirmed that management were working on a budget for next season and said confidence in the club was high.

    “We are signing players who are in high demand,” he said.

    “Every club wanted Dimi, every club was after Steve. We are in a good place. If things weren’t going well we wouldn’t be on the front-foot signing players.”

    Lee bought the Jets from Football Federation Australia for $5 million in 2016, after the governing body had taken the *licence from the previous owner, fallen coal baron Nathan Tinkler after he was unable to pay bills.

    That is certainly not the case under the Lee’s ownership.

    “You send in a bill and the next day it is paid,” a supplier told the Herald.

    A football fan, Lee also owns a team, Shenzhen Ledman, in the Chinese third division and has the naming rights for Portugal’s second division.

    The Jets finished last, winning just five of 27 games, and suffered a $3 million loss in Lee’s first season.

    However, the club improved dramatically – on and off the pitch – in year two, culminating with a controversial 1-0 loss to Melbourne Victory in front of more 29,000 fans at McDonald Jones Stadium.

    Membership numbers and corporate sales have continued to grow and McKinna is confident the Jets will be a break-even enterprise within two years.

    “Sponsorship is up and membership is up,” McKinna said. “Last year membership started at 7,000 and finished at 9200. We are currently just under 9000 and hoping to crack 11,000. The squad is looking good and everything is going to schedule.”

  4. #1184
    Senior Member Hunter403's Avatar
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  5. #1185
    Quote Originally Posted by Dogshot99 View Post
    So I bought a subscription to the herald hoping I can post their stories for everyone. I'll do my best to get them up in a timely manner.
    Headline is about the trump economic sanctions on the Chinese and its affect on mr lee.

    Chief executive Lawrie McKinna insists the Newcastle Jets will spend more on players this season than in any other despite owner Martin Lee’s business taking a major financial blow.

    It was reported on Tuesday that Lee’s company, China-based Ledman Opto-electronics Group, has felt the brunt of a trade war with the US and the introduction of a 25 per cent tariff by President Donald Trump.

    As a result Ledman’s share price has halved since May and the impact threatens to flow on to his other business interests, including the Jets.

    However, McKinna said the club’s budget remained unchanged despite Lee proposing in July a $600,000 reduction as part of cost cutting across his companies.

    “It has been business as usual,” McKinna told the Herald from Germany where he is presenting at a conference and meeting with the boss of Bundesliga club Borussia Dortmund. “We are working from the same budget we had approved in July. Martin asked us if we could trim it. I said we couldn’t and explained why. We are going into qualifiers for the Asian Champions League and we need to spend money on the squad. He said: ‘no problem, just be careful what you spend’. Since then we have put on football and administration staff and recently signed Jair.”

    The Herald understands that the Jets’ player budget for last season was about $3.7million, around $750,000 above the salary cap. Ronny Vargas was the club’s first marquee signing, whose contract sits outside the cap, since the exit of Emile Heskey in 2014.

    “Last year was the most the club has spent on players, and this year will be about the same again, slightly more,” McKinna said.

    As well as re-signing Vargas and adding Jair and Kiwi international Matthew Ridendton, the Jets have upgraded and extended Dimi Petratos’ contract. Captain Nigel Boogaard and fellow regulars Jason Hoffman and Steve Ugarkovic have also signed new deals beyond this season.

    In the absence of McKinna, football operations manager Joel Griffiths and coach Ernie Merrick will address the players before training on Thursday.

    “It is important to reassure them that it is business as usual,” Griffiths said.

    Griffiths confirmed that management were working on a budget for next season and said confidence in the club was high.

    “We are signing players who are in high demand,” he said.

    “Every club wanted Dimi, every club was after Steve. We are in a good place. If things weren’t going well we wouldn’t be on the front-foot signing players.”

    Lee bought the Jets from Football Federation Australia for $5 million in 2016, after the governing body had taken the *licence from the previous owner, fallen coal baron Nathan Tinkler after he was unable to pay bills.

    That is certainly not the case under the Lee’s ownership.

    “You send in a bill and the next day it is paid,” a supplier told the Herald.

    A football fan, Lee also owns a team, Shenzhen Ledman, in the Chinese third division and has the naming rights for Portugal’s second division.

    The Jets finished last, winning just five of 27 games, and suffered a $3 million loss in Lee’s first season.

    However, the club improved dramatically – on and off the pitch – in year two, culminating with a controversial 1-0 loss to Melbourne Victory in front of more 29,000 fans at McDonald Jones Stadium.

    Membership numbers and corporate sales have continued to grow and McKinna is confident the Jets will be a break-even enterprise within two years.

    “Sponsorship is up and membership is up,” McKinna said. “Last year membership started at 7,000 and finished at 9200. We are currently just under 9000 and hoping to crack 11,000. The squad is looking good and everything is going to schedule.”
    cancel it, you can still view articles in incognito mode

  6. #1186
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    Quote Originally Posted by Hutcho View Post
    cancel it, you can still view articles in incognito mode
    You only get 5 free

  7. #1187
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    Quote Originally Posted by Charlie Chan View Post
    You only get 5 free
    Close browser. Open new browser.
    Repeat as neccessary.
    I’ll take your $3

  8. #1188
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    Or at $3 a week you could support the paper to stay in existence. You would all complain no end if there were no local news and everything was just about Sydney wouldn't you? Don't kid yourselves if you think they are making big money from display advertising.

  9. #1189
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    Quote Originally Posted by scarfy96 View Post
    Or at $3 a week you could support the paper to stay in existence. You would all complain no end if there were no local news and everything was just about Sydney wouldn't you? Don't kid yourselves if you think they are making big money from display advertising.
    Plague keeps us all informed. Heralds just for the commies.

  10. #1190
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    Jets crack 9000 members a week before season kick off. If they start strongly might crack 10 000 before first home game.

    https://twitter.com/NewcastleJetsFC/...19665486032901

  11. #1191
    Senior Member Jetmaster's Avatar
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    Quote Originally Posted by scarfy96 View Post
    Or at $3 a week you could support the paper to stay in existence. You would all complain no end if there were no local news and everything was just about Sydney wouldn't you? Don't kid yourselves if you think they are making big money from display advertising.
    Internetz was originally designed to provide free info. It is still ridiculously easy to get anything you want for free on it if you know what to do. Paid news subscriptions won't survive in years to come...sad I know.

  12. #1192
    Senior Member Jetmaster's Avatar
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    Watching "The Trial 2.0"....they have to be kidding. I'm in my 50s and would be a better prospect.

  13. #1193
    Senior Member Jetmaster's Avatar
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    Oh f***...he scored....how many times will we see that goal over the weekend?

  14. #1194
    Senior Member Jetmaster's Avatar
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    Make that two....

  15. #1195
    aka WLG pv4's Avatar
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    Quote Originally Posted by scarfy96 View Post
    Or at $3 a week you could support the paper to stay in existence. You would all complain no end if there were no local news and everything was just about Sydney wouldn't you? Don't kid yourselves if you think they are making big money from display advertising.
    Seeing some of the editing that gets done for that paper, it isn't worth $156 per year imo. My favourite will always be them writing the name as Roy O'Donodidivan.
    OK

  16. #1196
    Senior Member Jeterpool's Avatar
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    The quality of editing in the papers and news websites has declined.
    Quote Originally Posted by Grimario View Post
    Great. He's gone from Liaoning Whowin to Newcastle Wholose.
    The Championship Chronicles - The Jetstream's review of the 2007/08 season. www.newcastlefootball.net/chronicles

  17. #1197
    Senior Member Hunter403's Avatar
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    Quote Originally Posted by Jeterpool View Post
    The quality of editing in the papers and news websites has declined.
    The Newy Herald has it's editing done in New Zealand these days. Read into that what you will

  18. #1198
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    NEWCASTLE Jets have finished the physical part of the pre-season, but coach Ernie Merrick wants Ben Kantarovski to get through more work before deciding if the experienced midfielder will be involved in the A-League season opener away to Wellington on Sunday week.

    Kantarovski has been hampered by calf and hamstring niggles in the final stage of the pre-season.

    He and Kosta Petratos (knee) didn’t participate in an XI v XI game on Friday and instead trained under the care of strength and conditioning coach Chris Smith.

    “Ben’s hamstring and calf are fine,” Merrick said. “It is just a case of whether we decide to take him [to Wellington] or make sure he is 100 per cent. We don’t want to bring him back too early when we could give him another week or so and make him really strong. He is unlikely but not entirely ruled out. Ben is such a good player, I might put him on the bench. The way Matthew Ridenton has been playing and Nick Cowburn. We have Steve Ugarkovic, Dimi Petratos and Ronny [Vargas]. We have plenty of defensive and attacking midfielders.”

    Ridenton appears the frontrunner to partner Steve Ugarkovic at the base of midfield against Phoenix. Both played well in the intraclub game.

    The combination up front Jason Hoffman, Jair, Dimi Petratos and Ronny Vargas was also impressive.

    “We can break forward and score quickly through our counter attack and we are also very good at building up, which is the thing we didn’t do too well last year,” Merrick said. “I got out of it [the game] what I wanted and I didn’t want to push them because their work loads have been high. Chris Smith has done a great job with the fitness and Nathan Renwick on our health. The hard physical work is completed. Everything we do now is fairly short and sharp. We will taper down next week and look at the strategy for the Phoenix game.”

    Merrick said they would play another intraclub game to finalise preparations.

    “They are all dress rehearsals,” he said. “We have practised playing a team with 10 men, against a back-five, a back four, three high, two high etc. You are looking at different combinations

  19. #1199
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    Quote Originally Posted by Jetmaster View Post
    Internetz was originally designed to provide free info.
    Ahh no it wasn't, it evolved from sharing research data at Universities. It was never designed to provide free info, it has evolved.

    If you want quality anything you have to pay for it. Do you work for free? If not why do you expect others to. Once upon a time advertising revenue could support websites but Google and Facebook destroyed that. Who is going to report on local news if there are no locally employed reporters? Or do you expect them to volunteer their time for you?

  20. #1200
    Senior Member Jetmaster's Avatar
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    Quote Originally Posted by scarfy96 View Post
    Ahh no it wasn't, it evolved from sharing research data at Universities. It was never designed to provide free info, it has evolved.

    If you want quality anything you have to pay for it. Do you work for free? If not why do you expect others to. Once upon a time advertising revenue could support websites but Google and Facebook destroyed that. Who is going to report on local news if there are no locally employed reporters? Or do you expect them to volunteer their time for you?
    Actually....its a long story...but I do work 20 hours a week for free!

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