Probably the Racist bloke from the LA Clippers that got banned from the NBA for life. We need more of a circus act otherwise the poor Member will go bored.Originally Posted by matty
Probably the Racist bloke from the LA Clippers that got banned from the NBA for life. We need more of a circus act otherwise the poor Member will go bored.
I heard Jarryd Hayne is interested in buying us, but only if he can wear #38
well he would at least have the cash
Not dead yet...
http://www.theherald.com.au/story/34...h-jets/?cs=306
And very interesting that Thompson actually has allowed himself to be interviewed.
The unofficial agreement period between ffa and thompson has expired so now he can discuss the matter without breaching any terms. Seems like he is pretty determined to still buy us
he knows 4 mill is a crock.
is it worth it to start passing the hat around to see what funds we can come up with ? might be the only way for us to get a change of ownership
We are currently being shopped around by UBS, expect to hear how that's going sometime in the new year
Subscribe to The Jetstream Podcast http://www.newcastlefootball.net/podcast
but wait for it.... its important to not let anyone know about it at the moment....so important
Last edited by hawk; 06-01-2016 at 03:00 PM.
.NATHAN Tinkler and his sister Donna Dennis could be called to give evidence in a public examination by Newcastle Jets liquidator James Shaw.
Mr Shaw is the liquidator of Newcastle Jets Football Operations Pty Ltd (in liquidation), the company that ran the club before Football Federation Australia took over the licence in May 2015.
In a recent report to creditors, Mr Shaw said he believed the company had been trading insolvently from as early as October 10, 2014, and had incurred debts of about $2.3 million since that date.
Mr Shaw said he had identified $970,000 in “unfair preferential payments” by the company in the six months before it went into liquidation, and had recovered $296,000 of that amount.
He said employees had been owed more than $800,000 in wages and entitlements and more than $740,000 in superannuation, to a total of $1.56 million.
Employees who lodged claims with the federal government’s Fair Entitlement Guarantee Scheme had received more than $317,000, and other claims were still being processed.
Mr Shaw said he had to consider a director’s “personal financial position and their capacity to pay” before deciding whether it was commercially viable to pursue anyone for insolvent trading.
“The director, Donna Dennis, has provided a statement of her personal assets and liabilities and indicates that she would not have the financial capacity to repay any claim made,” Mr Shaw said in his report.
Corporate records show Mr Tinkler ceased to be a Jets director in October 2011 but the club continued to operate from Tinkler Group addresses and was controlled by Tinkler Group companies.
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Mr Shaw’s report said Ms Dennis was the only person named as a Jets director at the time it went under. Even so, Mr Tinkler could still be regarded as a director under the Corporations Act even if he was not “formally appointed” but was someone “who acts in that role or on whose instructions or wishes the directors of the company are accustomed to act”.
“My investigations and observations of the company’s affairs indicate that Mr Nathan Tinkler may be a shadow or de facto director of the company,” Mr Shaw said.
He said corporations law allowed a shadow director to be held “personally liable for debts incurred at a time when the company was proven to be insolvent”.
Mr Shaw said financial assistance was potentially available if authorities agreed that an examination of Mr Tinkler was in the public interest. He should know in the next few weeks whether to proceed with attempts to examine Mr Tinkler.
Be a great day if someone actually got him
yeah mate, one wonders too how an organisation (FFA) can allow one of it's Franchises (The Newcastle Jets) to keep operating for months after it knew that the owner was trading insolvent.
Tinklers not even in the same league as khunts working in the finance / banking / Super Annuation / Insurance industries. He's done very little damage in comparison to what those other khunts have.
Soccer Stoppage Time said last night there is a Chinese Consortium interested in the Jets.
Remember they said that Poljak wasn't going to the Jets...1 hour later it was announced.
The Championship Chronicles - The Jetstream's review of the 2007/08 season. www.newcastlefootball.net/chronicles
Probably just one of the several parties that the FFA has been talking to, so move along nothing to see here.
Anyone listen to the fox sports pod this week?
Cockerill suggested community ownership should be looked at.
Peacock and hill suggested cockerill was talking about something he knew was happening in the background..... Any else listen?
Yeah I heard that too. Thinking the same as you.
The Championship Chronicles - The Jetstream's review of the 2007/08 season. www.newcastlefootball.net/chronicles
I know the HR role is out to tender, so this could support an imminent ownership decision
The HR Role with the Newcastle Jets? A newly created position?
The Championship Chronicles - The Jetstream's review of the 2007/08 season. www.newcastlefootball.net/chronicles
Potentially. Don't know details but do know there is a role to be filled. Outsourcing, but locally if that makes sense
Quote:
How China's plan for football domination could transform the A-League
January 21, 2016 - 9:51PM
Sebastian Hassett
A leading player agent has revealed he's seen the document that details China's plan to take world football by storm - and the A-League has been identified as a key component in their predicted rise to the top.
Tony Rallis, who spent this week brokering Trent Sainsbury's lucrative move to Chinese club Jiangsu Sainty, says he was "blown away" by what was presented to him during the course of negotiations.
The move will make Sainsbury the second highest-paid player in the Socceroos' setup, trailing only Tim Cahill, who signed an extension for 2016 with his club, Shanghai Shenhua. Sainsbury is understood to have agreed a deal worth $3.5 million per season after tax.
But Rallis said while the vision presented to him by Jiangsu was impressive in trying to lure Sainsbury from Dutch club PEC Zwolle, the real point of interest was when the club's owners produced the national blueprint for how they planned to "win the World Cup in the next 24 years".
"The Chinese government have pinpointed football as critical for their success as a nation and the plan is very clear - it ends with them winning the World Cup," he said. "They are determined to make it a reality and have informed the business leaders that they expect to see massive investment in football. It's something that will be looked upon very favourably."
Rallis said that rather than having China simply import intel from abroad, they were preparing to go much deeper in training their players to become champions.
"They've realised they need an enormous, concerted effort in order to produce the kind of players capable of winning World Cups," he said. "It's not just about buying coaches or making the Chinese Super League grow. Look at the players there last season - Robinho, Demba Ba, Cahill, Paulinho, Asamoah Gyan. It's already rising faster than most people are aware of."
And that's where Australia comes into the frame.
"It's a certainty that Chinese investors will look to buy A-League clubs. They see massive, untapped potential in Australia and, specifically, their academies," Rallis said. "They see our academies as places where you can have a 12-year-old, let him grow and develop, and come out as a better player with a complete football education.
"The great part is they don't want to replace Australian kids, they want top Chinese juniors to learn alongside Australian juniors. So Australia gets to reap the benefits of academies that are well-resourced with top coaches, increased competition and better players."
"It won't just be Australia, of course. There's nations around the world they've already begun identifying as places where they can roll-out this model. But they definitely see Australia as the ideal fit."
The Chinese, according to Rallis, believe Australia is a stable market, boasting strong football knowledge and a system free of corruption.
"With the exception of one or two clubs, they perceive that the A-League is well run," he said. "To purchase a club will also cost a lot less than clubs elsewhere. For them, the return on investment will be very strong.
"Four of the nine Australian-based A-League clubs are foreign owned but I expect that number could double over the next few years, which helps us pave the way for expansion."
The Newcastle Jets are up for sale by the FFA and Rallis said the owners at Jiangsu had already contemplated an approach.
He also reckoned that A-League fans could also get what they've been demanding most: big names.
"These guys are very clued in to what the A-League needs. They know it needs big stars and a better television deal and they're right across this," Rallis said. "They'll have no trouble dropping the money on a Chris Gayle-type marquee because they know they return will come in television rights. They can cope with losing five or six million dollars per season if what they are getting, long-term, is significantly more valuable.
"Put it this way - Jiangsu offered Yaya Toure $500,000 net per week to play there. That's the financial ball park they're playing in."
With several A-League owners struggling to come up with the finances required to keep going, Rallis said the FFA needed to enact a plan to make sure the investment materialised.
"Europe is financially ruined and long-term, China is where it's all going to happen, especially in regards to Australia," he said. "Inside ten years, Asian investment will drive world football. In many ways, it already is. But this is our chance."
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