Insert Name Here aka The Ownership Thread

[Blackmac79]

paging blackmac - time to dust off your trust proposal

Well heres the thing...

Newcastle of the 1960's -80's sure community ownership lets go.

Newcastle of today - we are farked.

Also don't know what people have against buzz. guy is strangely accurate.

I can start getting things going again. however the chance of us raising a required $5million is next to zero to buy the club. Best chance would be for the FFA to buy it on our behalf and the community ownership structure to pay back that debt through lowered tv revenue for a couple of years. Convincing the FFA of that is the hard part.

I have every confidence of Newcastle's collective ability to put in place an effective and efficient board to run the club.

[hawk]

Hope the FFA takes us back for $0 so he does his ass.

[Blackmac79]

Hope the FFA takes us back for $0 so he does his ass.

I too hope for this.

[Jetmaster]

How about getting Vincent Tan (we have a Cardiff here after all)?

He'll change the shirts too.

Fits the criteria of loony owner with more money than sense.

[Pico]

Who were those Asians checking out the central coast a couple of years back, might be why he's trusting that coastie singleton, bet this ends poorly.

Can see it now, next will be the Russian interests, then the inevitable south Melbourne offer.

Hopefully tinks isn't talking to the cairns based casino resort developer backing the cairns npl team.

I don't think it will matter to tinks ownership of the knights, they will be controlled in a joint venture of the members club, Wests leagues & the NRL I think.

[hawk]

How about getting Vincent Tan (we have a Cardiff here after all)?

He'll change the shirts too.

Fits the criteria of loony owner with more money than sense.

ive tried

[militiamon]

lol, $5 million + another $1 million or so loss every year, what a gee up

[MFKS]

Well heres the thing...

Newcastle of the 1960's -80's sure community ownership lets go.

Newcastle of today - we are farked.

Also don't know what people have against buzz. guy is strangely accurate.

I can start getting things going again. however the chance of us raising a required $5million is next to zero to buy the club. Best chance would be for the FFA to buy it on our behalf and the community ownership structure to pay back that debt through lowered tv revenue for a couple of years. Convincing the FFA of that is the hard part.

I have every confidence of Newcastle's collective ability to put in place an effective and efficient board to run the club.

Should be looking to get it off the ground anyway. You will only need 51% ownership to gain full control of the club anyways.

Start off looking for 5% and then sign people up and over the years slowly buy up more and more stock in the joint. Once you hit the 51% the Members control the club

[joel31]

How would the trust get the club the financial support they need to be competitive?

[BodyNovo]

the same way any private ownership do;

sponsorship, private investments, merch sales, grants from FFa, memberships, etc.

[plague]

How would the trust get the club the financial support they need to be competitive?

Simple. Upfront each member gives $500 (on top of their existing membership fees) to buy the licence then an extra $100 per year to cover yearly losses.
Then just get all 10,000 of us to agree on every decision.
Oh and then pray the grants/sponsorship and other revenues don't fall.
Oh and pray we don't get screwed on a future ground rental agreement now that we have less leverage (without the Knights).

Pretty simple really.

Oh and dear club, get ****ed if you think I'm chipping in any more coin to save your sorry asses.

[MFKS]

How would the trust get the club the financial support they need to be competitive?

If the club are losing 1 million a year as alleged and the Supporters trust had 10% the Supporters Trust would only be up for 100k to cover it. To my way of thinking this is achievable if you get a large amount of the current Membership (season Ticket Sales) involved in the supporters trust. ie 2000 people would only have to stump up $50 a year each to cover it.

Obviously going forward you would be hoping the Club was getting closer to breaking even so the Supporters Trust were not just raising money to pay the clubs debts.

Problem will be getting the whole project off the ground and getting the funds for the initial investment to buy the initial stake in the club and then getting FFA to agree to it also will be an issue

[cobra23]

Im tipping a Liverpool fc take over.. watch this space

[Disinterested Bystander]

Simple. Upfront each member gives $500 (on top of their existing membership fees) to buy the licence then an extra $100 per year to cover yearly losses.
Then just get all 10,000 of us to agree on every decision.
Oh and then pray the grants/sponsorship and other revenues don't fall.
Oh and pray we don't get screwed on a future ground rental agreement now that we have less leverage (without the Knights).

Pretty simple really.

Oh and dear club, get ****ed if you think I'm chipping in any more coin to save your sorry asses.

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!

[Jeterpool]

Im tipping a Liverpool fc take over.. watch this space

I think they'd go for the Victory. I am sure I read the Victory were looking at linking with them but Liverpool at that stage weren't interested. Plus being a capital and all.

Personlly, I'd love it to happen.

[Premy]

Im tipping a Liverpool fc take over.. watch this space

Technically that would be a Fenway Sports Group take over, which would be amazeballs.

[Premy]

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!

Quite possibly in the top 10 post of foz history, honest fact hitting humor. 12/10 post.

[Thomas477]

That would be more fun than watching the comedy routine the team displays on the field! Imagine the behind the scenes wheeling and dealing to buy support for votes at member's meetings - Thomas477 taking out a mortgage to ensure he's got the numbers to force the club to sign a coach who'll replace BK with someone who can't catch and trips over the ball but makes a decent effort of diving at any shot that can't possibly be saved; pv4 selling his arse on the mean streets of gypo land to fund his proposal to ensure any mention, in any form, anywhere in the world of Bridges at the Jets is erased from the entirety of history; the member for KFC robbing banks across newy so he's got enough cash to force the Jets to re-sign Kale as lifetime marquee and install himself as Kale's personal fluffer/groupie/slave.

It would beat watching ****tards like Mitchell, Gallaway, Virgilli et al take a paycheque for impersonating a footballer!

Will pay that just for the lulz.

[q-money]

[pv4]

But srs I fxxxing hate the idea of the community owning our team. Do you guys realise only 76% of people voted for the e&c jersey? That means 24%, 1 in 4 newy people, 2500 / 10000 members voted against e&c. I want absolutely nothing to do with them jerks tbh