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History for Jeff Vader

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Posted February 22, 2017 03:53 · last edited February 22, 2017 03:56

With respect, when you say this, its hard to take your opinion seriously because its so misinformed and not the case. See Conans post.

Seriously ?

The only thing I can see is semantics. So the surplus is simply there because they are transferring money from one account to another. There is still money to be spent.

For your benefit, here is an extremely quick and basic overview of NZF funding. (others please step in where I am wrong)

2010: Got $10m from FIFA for WC qualification. NZF stashed a bunch of that aside as 'International Teams Fund'

2011/12/13: Lost money each year from the operations of NZF but took funds from the International Teams Fund to make it look like a profit.

2013: Failed to qualify for FIFA WC but got $6m from Mexican TV company for the broadcasts right to the game in NZ

Rinse and repeat 14/15/16 with 11/12/13.

You will note in and around the period of 12/13 there was the scandal around youth paying to represent their country. Had there been money in the International Team Fund........

Essentially they bring in money every 4 year cycle and their operational expenditure is spent beyond their means so they take from the International Teams Fund to record a profit. Why do the AWs play away? Because its cheaper than playing at home. Why do they not play at home? They have no money, the money that would be in the International Team Fund but is not.

So flash forward to 2019 when we don't qualify for Russia and we play a country that wont throw money at us for the rights to broadcast 1 game.... Where is the International Team Fund that is used by NZF to balance the books and show a profit and then alongside that, the intended use of funds for International Teams?

Seriously, if Abbey thinks its bad now, its about to get a shark load worse.

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Jeff Vader edited February 22, 2017 03:56

martyyn wrote:

Jeff Vader wrote:

With respect, when you say this, its hard to take your opinion seriously because its so misinformed and not the case. See Conans post.

Seriously ?

The only thing I can see is semantics. So the surplus is simply there because they are transferring money from one account to another. There is still money to be spent.

For your benefit, here is an extremely quick and basic overview of NZF funding. (others please step in where I am wrong)

2010: Got $10m from FIFA for WC qualification. NZF stashed a bunch of that aside as 'international teams fund'

2011/12/13: Lost money each year from the operations of NZF but took funds from the Internation teams fund to make it look like a profit.

2013: Fail to qualify for FIFA WC but got $6m from Mexican TV company for the broadcasts right to the game in NZ

Rinse and repeat 14/15/16 with 11/12/13.

You will note in and around the period of 12/13 there was the scandal around youth paying to represent their country. Had their been money in the International Team Fund........

Essentially they bring in money every 4 year cycle and their operational expenditure is spend beyond their means so they take from the International Teams Fund to record a profit. Why do the AWs play away? Because its cheaper than playing at home. Why do they not play at home? They have no money, the money that would be in the International Team Fund but is not.

Seriously, if Abbey thinks its bad now, its about to get a shark load worse.