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Just heard on the radio that Mirvac are sueing Tinkler for something like $30m of his assets due to unpaid moneys owed. If this is the case things are looking grim for Tinks.
I know this was mostly overlooked due to the financial uncertainty surrounding Tinks, but this is a good point from Foz about the recently announced youth academy. Great passion on Mitchy's face as well.Originally Posted by smh
POWER companies will no longer be allowed to hire corporate boxes, sponsor footy teams, orchestras or zoo exhibits under cuts introduced by NSW Energy Minister Chris Hartcher.
Mr Hartcher has removed an Ausgrid box at ANZ Stadium worth $160,000 a year, ended a Taronga Zoo sponsorship worth $450,000 a year, a Sydney Symphony Orchestra contract worth $435,000 and the sponsorship of the Central Coast Mariners football team worth $350,000 each year.
Who should be the recipient of Ausgrid's NRL box? Leave a comment below
The Energy Minister has also ordered that taxpayer-owned Ausgrid stop subsidising the Sydney Theatre Company to the tune of $158,000 per year, a contract which provides staff and senior managers with tickets to shows.
Under the agreement with the zoo, Ausgrid staff were able to access 200 free family passes, while the company had advertising on the Zoo's "Great Southern Oceans Precinct".
AUSGRID bigwigs will have their corporate box at the footy confiscated amid a crackdown on perks at the state-owned power company.
If Ausgrid's sponsorship with the Sydney Symphony Orchestra had continued until it finished in 2014, electricity consumers would have spent $4.216 million propping up the classical music ensemble.
The funding comes despite the orchestra already receiving considerable government funds.
The Sunday Telegraph revealed last year that Ausgrid's then chairman, John Conde, was also the chairman of the orchestra.
The sponsorship cuts will not affect volunteer organisations such as Hunter Westpac Rescue Helicopter, the Sydney Burns Foundation, the Rural Fire Service and branches of Surf Life Saving NSW.
Mr Hartcher said with power bills soaring, it wasn't acceptable for an electricity company to be spending on sponsorships or corporate boxes.
The NSW government is determined to stamp out the "culture of entitlement and largess" at power companies.
"The NSW government expects the distribution networks to focus on delivering the lowest prices possible for NSW electricity consumers," he said. "We need to make sure every effort and every cent is directed towards driving down the cost of electricity to NSW households.
The O'Farrell government has merged the management of the three state-owned power companies - Ausgrid, Essential and Endeavour - to save $400 million by 2015.
This is part of a program which they hope will see power companies slash $1.7 billion from spending.
At least 130 executives on salaries over $150,000 have also been cut.
Ausgrid's NRL box will go to a worthy cause
AUSGRID bigwigs will have their corporate box at the football confiscated amid a crackdown on perks at the state-owned power company
Energy Minister Chris Hartcher has seized the $160,000 a year box at ANZ Stadium and axed sponsorship deals in a bid to reduce the state's soaring electricity bills.
NSW power bosses have been enjoying a fully catered corporate box at ANZ Stadium at customers' expense since 2009 - but Energy Minister Chris Hartcher has called full-time on the perk.
Electricity company Ausgrid has been paying $160,000 a year for the corporate box, which caters for 20.
But Mr Hartcher last week confiscated the luxury suite after the spending was uncovered in an audit of the state-owned company's corporate sponsorship.
Instead of letting power fat cats use it, Mr Hartcher said he wanted The Sunday Telegraph to give the box to some deserving fans for the NRL grand final on September 30.
Eat Shit Gypos
that photo![]()
Novocastria Youth
Del tha dingo can go to syd, i'd be happy with a strong griff.
Last edited by hawk; 09-09-2012 at 07:09 PM.
http://www.footballaustralia.com.au/...formance/49011
seems pretty confident/reliant on the fact we're signing another player, from overseas. i guess it's the first bit of marquee news in a while that isn't the usual "right for the club, right for the money" waffle.Van Egmond reflects on mixed performance
Monday, 10 September 2012 2:27 PM
Hunter Ports Newcastle Jets head coach Gary van Egmond has described his side’s 1-1 draw with Sydney FC at Leichhardt Oval on Sunday as a mixed performance.
After a slow start to the match, the Jets found their feet and controlled the majority of the first half with Ruben Zadkovich putting them ahead with a free-kick in the 30th minute.
However, van Egmond said is was disappointing the Jets weren’t able to capitalise on their possession and territory by building a more sizeable advantage on the scoreboard.
“(Our performance) was a little bit mixed,” van Egmond said.
“I think the first ten minutes or so, Sydney were on top and we didn’t have ourselves organised as well as we would have liked. We probably didn’t do a few things we needed to do.
“For the rest of the first half though we started to dominate and for that part of the game it was really, really pleasing.
“The disappointing part was the fact that we didn’t get more goals. If we’re going to play that type of game where we press high, we need to get more goals from the work that we’re putting in to win that ball back.”
The Jets conceded from a Sydney FC corner midway through an evenly matched second half, but the draw meant Newcastle still maintained their unbeaten run this pre-season.
“Results wise, it’s always good (to be unbeaten),” he said.
“If you’re not getting a draw or a win in the pre-season, it can obviously lead to some doubt and some confidence issues.
“We’ve been mostly concentrating on the performance and what we have to do in regards to each game. We’re somewhat happy with how that’s going, but I think we can do a bit better.”
One aspect of the match that really pleased van Egmond was the way in which the Jets adapted to a slight change in their playing system.
The Jets started the match with a back three of Scott Neville, Josh Mitchell and Dominik Ritter and van Egmond was pleased with what he saw.
“I was very happy. It’s definitely a tactic that we’ll use this year,” he said.
“You have to have a plan A and a plan B. It doesn’t change in regards to the actual style of game that we play, but it does change things in regards to tactics.
“We have to be adaptable in case obviously other teams change things as well.”
The change meant regular left-back Craig Goodwin was able to play in a more advanced role in midfield.
“We looked at Craig in the midfield and we looked at him in a wide area a bit further up,” he said.
“He’s obviously shown in pre-season that he’s got an eye for goal, scoring a number of goals from the fullback position.
“We’re a little bit light on up front due to the fact we haven’t got our player from overseas yet, (James) Brown is available at the moment and Adam Taggart is another one who’s not here.
“So it’s good to know there are other players who can come in and do a job.”
The Jets’ next trial match is the Members’ season launch against Western Sydney Wanderers at Wanderers Oval, Broadmeadow on Saturday.
The game is a Members Only event. Jets fans can secure their entry to this match as well as all 13 of the Newcastle Jets’ home games at Hunter Stadium this season by signing up to become a 2012/13 Jets Member HERE.
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OK
Can't be bothered to post article due to using mobile. However there is an article doing the rounds that says that the new TV deal is $40million + $5million contra, fox to broadcast all HAL and Roos games live, SBS with 1 HAL game live (Saturday night), and all Roos games on 1hour delay, with a probable highlights package as well.
Whole deal worth in excess of $200million, standing us in good stead for expansion to 12 teams in the HAL leading into 2015 AFC cup.
Salary cap likely to increase, however expansion could prevent this. By creating more professional positions, increasing player share that way.
Clubs should get their $2.5million from next season, making it hard to see how a well run club could make a loss.
i'll believe it when i see it announced at a press conference.
also, aren't WCQ supposed to be on the anti-siphoning list now, or has that not been formally adopted yet?
I will be a little bit disappointed with $40million.
It still doesn't add up mathematically for me though.
I may not have completely accurate figures, but the current deal was around $120m over 7 years or $17m a year. The clubs get around $1.2m in a grant - or $12 million in total. So this is 70% of the tv money (not taking into account other sources of revenue). Now if the grant goes up to $40m and clubs get $2.5m each, they will get 62.5% of the money, but where does the rest go? The FFA's football pyramid isn't changing, so it shouldn't really need much more money to support its other operations, Socceroos, Matildas etc.
My belief has always been that the A-League generates most of the tv rights revenue but the FFA has always played this down, IMO to ensure it can take enough money to fund its football pyramid. Bonita Mersiades has made a few veiled references to this. I wouldn't be surprised if the club owners wise up to this and start demanding a larger share off the FFA.
The A-League should get almost all the increased revenue, which would take the grant to $3.5m for each team. It needn't be given unconditionally, it could be tied to forcing the clubs to create their own youth development system similar to the Emerging Jets plan.
$50m a year would be a better outcome. However, a deal like this would at least completely stabilise the game. Hopefully the deal is for less than 5 years, as I expect the game to come on greatly in the medium term.
Last edited by hauss; 11-09-2012 at 09:00 AM.
actually according to FFA spin doctors the Socceroos generate most of the tv revenue
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Yes, that's what they say. It may have been true 5 years ago, but I doubt its the case now. The A-League provides substantially more content at prime time. It generates supporter loyalty and this would lead to paytv subscriptions.
The Socceroo World Cup qualifiers are now on the anti syphoning list (which would devalue them) and are not even owned by the FFA, they are owned by some Asian confederation sports group whos name escapes me. FFA only owns the rights to friendlies. To gain any revenue from the Qualifiers they would have to buy them off that sports group and on-sell them, which would only result in marginal profit.
In any case, I highly doubt the Socceroo rights are the reason for tv rights going from $17m a season to $40m. The only reason I can see for the A-League not getting most of that increase is if the FFA were determined to decrease the cost of playing football for registered juniors, but that could end up being a dangerous black hole for money. I'd rather it be spent at the elite level.
Last edited by hauss; 11-09-2012 at 09:30 AM.
don't forget whatever ridiculous amount of money is being given to the negotiator company. can't remember their name, but aren't they getting something like 20% (could be talking out my arse here).
and far out, juniors have been subsidising the 'elite' at all levels for far too long, about time some money started flowing back down the bloody hill.
Not sure about the first point, you may be right, in which case a $40m deal will be disasterous and Buckley a complete failure in everything he did at the FFA.
How much does the FFA take from every junior player? I doubt it is significant (read somewhere that it is $12). My bet is that if the FFA tried to subsidise the cost of playing soccer for juniors, some middle man (state federations, ground owners, insurance companies, clubs) would find some way to justify increasing his costs and it would leave parents no better off or only marginally better off.
Last edited by hauss; 11-09-2012 at 09:51 AM.
The socceroo's right's are held by WSG, FFA will earn $1m per game same as the rest of the AFC nations, which I can't see SBS matching so it looks like WSG might be paying FFA to have FTA socceroo's broadcast, so much for the dooms day preicted due to the Anti-siphon list.
Also the deal includes $5m of contra so it's really only $35m in cash.
I also agree hauss if all the value was in the socceroo's and not the A-League then why is it that Fox won't release the A-league rights for this year but are happy to do so for the socceroo's games from October, granted on delay.