Wellington Phoenix Men

Phoenix Ownership - Rob says FTFFA (Part 1)

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over 14 years ago · edited about 5 years ago · History
james dean wrote:
Can I also please ask people to stop implying that I have an agenda here?�
�

The only people in the country who are (a) defending Terry and (b) seem to think that this is all a media conspiracy against him and that Terry will be fine are on this forum.� Isn't there a far more prosaic explanation in that Terry and his business�is actully just quite f**ked?

�

Is it just possible that you guys are the ones with the agenda??

Man has a point.CboZ2011-07-13 21:40:41
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over 14 years ago · edited about 5 years ago · History
Doloras wrote:

For the terminally panicky among you, who should have seen all this before: "Serepisos faces bankruptcy proceedings" means "Terry has worn out all the patience of one of his creditors, who is waving a big stick". It has absolutely nothing to do with whether Terry can't actually pay and will go bankrupt, which no-one - not even the person taking the case, if you read the article - really believes. I could be completely wrong, of course, but people have cried BANKRUPT too many times and I don't believe them anymore.


Sorry, but "Serepisos faces bankruptcy proceedings" does mean Terry hasn't been able to pay to date. If he could have, he would've, rather than paying the 17.25% interest accruing, and letting several of his properties fall into mortgagee sales. This isn't business as usual stuff, and unless Terry can magic money up from somewhere, or can convince the judge he has a compelling plan of how to he will be toast. People aren't "crying bankrupt"; FM Custodians are attempting to bankrupt Terry because he owes them a big wad of coin and they want as much of it back as they can realise.
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over 14 years ago · edited about 5 years ago · History
This is all true, however just because Terry is facing bankruptcy again it does not mean he will be made bankrupt, nor will it necessarily affect the NIX; the IRD and ACC tried, he simply delayed until funds could be made available or sourced elsewhere. Who says this wont happen again. I think history has shown that Terry can and will most likely pull yet another rabbit out of his hat and sneak away from this. theprof2011-07-13 22:10:37

Queenslander 3x a year.

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over 14 years ago · edited about 5 years ago · History
james dean wrote:
Can I also please ask people to stop implying that I have an agenda here?�
�

The only people in the country who are (a) defending Terry and (b) seem to think that this is all a media conspiracy against him and that Terry will be fine are on this forum.� Isn't there a far more prosaic explanation in that Terry and his business�is actully just quite f**ked?

�

Is it just possible that you guys are the ones with the agenda??


Boom!

I do enjoy your work JD.

Incredible stamina. No shame. Yellow Fever.

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over 14 years ago · edited about 5 years ago · History
But JD has an agenda. He's said it plainly - his agenda is to try to raise this forum, and Nix fandom in general, up against Terry in the hope he'll take the hint and sell out. Or did I just imagine that bit?

My agenda is skepticism. Just because journos with an agenda heavily imply something does not make it the truth. Nipples and Burgess are surely not lying, but the fact that - as JD puts it - "everyone" now believes that Terry is going out of business any day now just shows the power of the partisan press.

Let me make this clear - I don't believe that Terry's finances are rosy. I accept that he's been in serious trouble. and may still be. What I believe is that the chances that he is going belly-up any time soon are far, far smaller than the chances of finding a White Knight to take over the Nix any time soon. Better an owner drastically searching for cash than no owner at all, which is the only realistic alternative. If you want to chew out people for living in fantasy worlds, talk to all these clowns who are convinced that any amount of moneymen are just aching to throw $1 million a year at our favourite football team.

But if - for example - Colin Giltrap put his hand up and made a takeover bid, I wouldn't write it off. I am loyal to Terry only in the lack of a realistic alternative.
Doloras2011-07-13 22:37:20

Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads



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over 14 years ago · edited about 5 years ago · History
Plastic wrote:

Sorry, but "Serepisos faces bankruptcy proceedings" does mean Terry hasn't been able to pay to date. If he could have, he would've,


Don't we all know that Terry never pays his bills until the last minute? He's famous for it. I have pure confidence that Terry will not be bankrupt on Tuesday, and you can throw that back in my face and make me do a walk of shame if necessary.

Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads



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over 14 years ago · edited about 5 years ago · History
Actually JD my explanation is that Dunajtschik bought the Tory Street building at a knock-down price because he had Terry over a barrel. He'll hold on to it for as long as he needs to in order to sell it for a profit. It's on the market straight away simply because hotels can take a long time to sell.

You absolutely do have an agenda here - you want Terry out and you've been saying it for months. This is the main point on which we disagree. I don't think that Terry's financial situation is "fine" but I do think it should be allowed to run it's course. The Nix is his club and he deserves some loyalty while he attempts to ride out the storm. I also don't believe that whether he packs it in voluntarily or waits until he is forced to actually makes any real difference to the future of the Nix. It's going to be a coin toss regardless.

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over 14 years ago · edited about 5 years ago · History
Yeah he deserves loyalty I'll agree with that, but when its getting this close to the season starting, the fact player signings are next to nothing I'm nervous and every second week there is a story on the same thing, if it was media beating by now it would have stopped.
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over 14 years ago · edited about 5 years ago · History
This close to the season starting?

Just under 3 months to go (88 days).

"Phoenix till they lose"

Posting 97% bollox, 8% lies and 3.658% genuine opinion. 

Genuine opinion: FTFFA

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over 14 years ago · edited about 5 years ago · History
Junior82 wrote:
This close to the season starting?

Just under 3 months to go (88 days).



Considering how long the off season has been yeah it is.
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over 14 years ago · edited about 5 years ago · History
"Next to nothing" is inaccurate too. Two signings that both looked quality last night with about 6 or so other current trialists (most look better than toto/pavlovich/musa ever did), it's pretty obvious Ricki's recruitment drive is well underway.
Fruglo on 15.01.2013 wrote:

Fuck this stupid game

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over 14 years ago · edited about 5 years ago · History

Posters here will wollop anyone who expresses any opinion unfavorable to Terry Serepisos. Pity that many have lose sight of the tree! If only our Terry doesn't linger on with his famous reputation of not paying his bills unless sued or ringfence Wellington Phoenix from the rest of his crumbling property empire. Somehow the two are linked and ONLY Terry can sort it out.

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over 14 years ago · edited about 5 years ago · History
CboZ wrote:
Yeah he deserves loyalty I'll agree with that, but when its getting this close to the season starting, the fact player signings are next to nothing I'm nervous and every second week there is a story on the same thing, if it was media beating by now it would have stopped.
 
Sydney, Mariners, Gold Coast, Heart, Radelaide...these clubs have not exactly been rolling out the new signings either.
 
 

Incredible stamina. No shame. Yellow Fever.

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over 14 years ago · edited about 5 years ago · History
I'm still baffled as to why people think the lack of signings is an issue.  If this was last year with an impending squad naming date at the end of July it might be a little niggly by now but it's not.  The first game isn't until the middle of October.  Three months away.  That's a lifetime. 
 
EPL starts two months earlier than that and big movement there is just starting to move now yet I don't see any of those clubs supporters deciding they're f**ked.
 
Listen to Ricki's radio peice the other day and restore you faith CBoz.  It's all good.
 
Oh, and quite why Morrison and the council need to be worried about the lack of signings baffles me (Radio Sport with telfer Monday).
Hard News2011-07-14 14:27:07

How's my driving? - Whine here

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over 14 years ago · edited about 5 years ago · History
Hard News wrote:

Oh, and quite why Morrison and the council need to be worried about the lack of signings baffles me (Radio Sport with telfer Monday).



Well, I gave my theory that it's because Morrison wants to keep the pressure up to try to push Terry out in favour of a less controversial Nix owner, but TX thought that was paranoid and suggested that Morrison just wants to hog the limelight as "saviour of the Nix". Both are good theories.

But my argument all along has been not that nothing is wrong with the Serepisos empire, but that "rumour of our death are being exaggerated". No-one would care about a short squad 3 months out from season beginning unless there was already a feeling of panic and crisis in the air. But certain journos want Terry to fail because it would provide the perfect end to the story they've started writing. Certain businessmen want him to fail because he's burned them in deals or not paid his bills on time. Certain local politicians would like to be "saviour of the Nix", and they can't do that unless there's a crisis of ownership. Add all of that up, and you've got an overwhelming media narrative that will spin any negative information or even lack of positive information about the Nix into DOOM.Doloras2011-07-14 14:40:17

Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads



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over 14 years ago · edited about 5 years ago · History
I tried reading that and other posts with same specs as you Doloras, (rosey red) and still feel nervous that there wont be enough money in the coffers to keep a team running this year.

How many times has Terry been to court for bankruptcy. Answer , too many. You might feel comfortable with that situation, but I bet in any other club, if the owner was not paying his bills and having court hearings to prise money out of him as a last resort, the fans would be wondering about the future of the club and discussing it in forums.

White knights wont appear till the last moment by the way, that is the nature of it. Noone would want to join with Terry in the present circumstances. Unpleasant to put on paper but true.

Look forward to seeing them this weekend though




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over 14 years ago · edited about 5 years ago · History
Hard News wrote:
I'm still baffled as to why people think the lack of signings is an issue.  If this was last year with an impending squad naming date at the end of July it might be a little niggly by now but it's not.  The first game isn't until the middle of October.  Three months away.  That's a lifetime. 
 
EPL starts two months earlier than that and big movement there is just starting to move now yet I don't see any of those clubs supporters deciding they're f**ked.
 
Listen to Ricki's radio peice the other day and restore you faith CBoz.  It's all good.
 
Oh, and quite why Morrison and the council need to be worried about the lack of signings baffles me (Radio Sport with telfer Monday).
 
Actually News I was about to come here and say the same thing - people getting angsty over not signing players at this stage is quite frankly ridiculous. It's three months away people!
 
"OMG there's only 90 more sleeps till the season starts! We're doomed" - please. As far as I can see, as far as the Phoenix go they are making the right moves, saying the right things, getting on with the job of running a football team. I frankly don't give a f*ck if all the other clubs have all their players signed and ready to go - I can't think of too many instances where we have been in direct competition for players and if we have (Hingert etc.), I'm sure an offer was there.
 
There is almost an infinite number of players we can pick and choose from (there are so many players in the world looking for clubs). "OMG Gold Coast have signed a couple of Dutchys" Well to be honest they don't seem quite on the Sneikder/van der Vaart quality, and if we wanted to, in a month we could go out and sign a couple of similar, no-name Dutchys. If we wanted to.
 
I actually think it's a good think to take our time building the squad - last year Ward, North and Vukovic were all signings from later on in the year, and they were all (at least meant to be - Mr. North) quality additions to the squad.
 
In sum, it's fine if people want to get super negative about the future of the Phoenix (not something I like to do - who honestly prefers to be negative to positive?) that's fine, but please don't start on the size of the squad or our recruitment.
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over 14 years ago · edited about 5 years ago · History
The reason all the creditors are wanting their money back is because they themselves are poked financially. They're trying to get as many debtors to pay up as possible and Terry happens to be one of them. If ANZ suddenly said, oi Toffeeman, pay up your mortgage now or we'll mortgagee sell your house and make you bankrupt. Same thing but on a slightly bigger scale.
In Terry we trust.

Its no longer a problem.

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over 14 years ago · edited about 5 years ago · History
Toffeeman wrote:
The reason all the creditors are wanting their money back is because they themselves are poked financially. They're trying to get as many debtors to pay up as possible and Terry happens to be one of them. If ANZ suddenly said, oi Toffeeman, pay up your mortgage now or we'll mortgagee sell your house and make you bankrupt. Same thing but on a slightly bigger scale.
In Terry we trust.


That is incorrect. The bank does not randomly ask for mortgages to be repaid. It will generally happily keep the mortgage as long as the interest is being paid. (That is how banks make money !!) When it isnt and it consistently isnt, they will take action.

All creditors deserve to have the money they are owed repaid. That is the basis of lending money in good faith. And if not, then to take action to have the money repaid by whatever means possible, including forcing the sale of assets  that have a guarantee or mortgage on them


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over 14 years ago · edited about 5 years ago · History
Smithy wrote:
CboZ wrote:
Yeah he deserves loyalty I'll agree with that, but when its getting this close to the season starting, the fact player signings are next to nothing I'm nervous and every second week there is a story on the same thing, if it was media beating by now it would have stopped.[/QUOTE]


�

Sydney, Mariners, Gold Coast, Heart, Radelaide...these clubs have not exactly been rolling out the new signings either.

�

�


Not quite right the following list is about two weeks old now but the Mariners & Heart have made some excellent signings .... Fold Coast are in a wait and see year... but all have gone for youth in the main...

The Mariners have by and large kept their first squad and strengthen their bench ...

But here the list..

[quote]

https://www.thefootballsack.com/2011/06/hyundai-league-transfers-20112011.html

WEDNESDAY, JUNE 29, 2011
by Christian Layland
The longest off-season the Hyundai A-League has ever seen gives clubs the largest opportunity to purchase new players and get rid of the driftwood. With all the off-season activity it is hard to keep track, but never fear - The Football Sack is here! Stay up to date with all the transfer activity and be the envy of all your mates (well, not quite) with our twenty eleven slash twelve in's and out's list which will be constantly updated...


Adelaide United
In:
Zenon Caravella (Gold Coast United)
Spa�e Dilevski (Universitatea Craiova, Romania)
Bruce Djite (Gold Coast United)
Osama Malik (North Queensland Fury)
Bradley Norton (Promoted from youth team)
Paul Izzo (Austalian Institute of Sport)
Jacob Melling (Austalian Institute of Sport)

Out:
Dario Bodru�ić (Released)
Robert Cornthwaite (Chunnam Dragons, South Korea)
Joe Kosta (Released)
Travis Dodd (Perth Glory)
Marcos Flores (Henan Jianye, China)
Iain Fyfe (Busan I�Park, South Korea)
Adam Hughes (Perth Glory)
Matthew Leckie (Borussia M�nchengladbach, Germany)
Francesco Monterosso (MetroStars)
Lucas Pantelis (Wellington Phoenix)
Paul Reid (Released)

Brisbane Roar
In:
Daniel Bowles (Promoted from youth team)
Kofi Danning (Sydney FC)
Jack Hingert (Dandenong Thunder)
Matthew Jurman (Sydney FC)

Out:
Luke DeVere (Gyeongnam, South Korea)
Reinaldo (Al-Ahli, Qatar)
Jean Carlos Sol�rzano (Melbourne Victory)
Milan Susak (Minangkabau FC, Indonesia)

Central Coast Mariners
In:
Troy Hearfield (Wellington Phoenix)
Adriano Pellegrino (Perth Glory)
Brad McDonald (North Queensland Fury)
Justin Pasfield (North Queensland Fury)

Out:
Chris Doig (Pelita Jaya, Indonesia)
Paul Henderson (Sydney Olympic)
Nik Mrdja (Released)
Patricio Perez (Released)
Jess Vanstrattan (Released)
Marc Warren (Sheffield United, England)

Gold Coast United
In:
Jake Barker-Daish (Australian Institute of Sport)
Paul Beekmans (SC Cambuur, Netherlands)
Peter Jungschlager (De Graafschap, Netherlands)
Dylan McGowan (Loan � Hearts, Scotland)
Alex Smith (Sydney Olympic)

Out:
Anderson (Released)
Andrew Barisić (Persebaya 1927, Indonesia)
Zenon Caravella (Adelaide United)
Mitch Bevan (Released)
Jason Čulina (Newcastle Jets)
John Curtis (Released)
Dino Đulbić (Shaanxi Chanba, China)
Bruce Djite (Adelaide United)
Steve Fitzsimmons (Released)
Scott Higgins (Retired)
Steven Lu�tica (Hajduk Split, Croatia)
Steve Pantelidis (Bintang Medan, Indonesia)
Peter Perchtold (Released)
Daniel Piokowski (Released)
Shane Smeltz (Perth Glory)
Kim Sung-Kil (Released)
Matthew Osman (Parramatta FC)
Bas van den Brink (Busan I�Park, South Korea)

Melbourne Heart
In:
Mate Dugand�ić (Melbourne Victory)
Fred (DC United, United States of America)
Curtis Good (Australian Institute of Sport)
David Williams (North Queensland Fury)

Out:
John Aloisi (Retired)
Michael Beauchamp (Sydney FC)
Dean Heffernan (Perth Glory)
Gerald Sibon (Released)
Josip Skoko (Retired)
Ante Tomić (Sydney United)
Peter Zo�s (Oakleigh Cannons)

Melbourne Victory
In:
Jean Carlos Solorzano (Loan � LD Alajuelense, Kosta Rica via Brisbane Roar)
Isaka Cernak (North Queensland Fury)
James Jeggo (Promoted from youth team)
Luke O�Dea (Promoted from youth team)
Marco Rojas (Wellington Phoenix)
Tando Velaphi (Perth Glory)

Out:
Marvin Angulo (Loan spell finished � CS Herediano, Kosta Rica)
Evan Berger (Perth Glory)
Mate Dugand�ić (Melbourne Heart)
Geoff Kellaway (Released)
Robbie Kruse (Fortuna D�sseldorf, Germany)
Kevin Muscat (Retired)
Michael Petkovic (Retired)

Newcastle Jets
In:
Jason Čulina (Gold Coast United)
Sam Gallaway (Promoted from youth team)
Chris Payne (North Queensland Fury)
Mario �imić (Promoted from youth team)
Byun Sung Hwan (Sydney FC)
Tiago (Fortuna D�sseldorf, Germany)
James Virgili (Promoted from youth team)

Out:
Michael Bridges (Retired)
Adam D�Apuzzo (APIA Leichhardt)
Marcello Fiorentini (Released)
Brodie Mooy (Parramatta FC)
Kaz Patafta (Released)
Sasho Petrovski (South Coast Wolves)
Shaun Rooney (Released)
Zhanh Shuo (Shenzen Phoenix, China)
Neil Young (Perth Glory)

Perth Glory
In:
Evan Berger (Melbourne Victory)
Travis Dodd (Adelaide United)
Dean Heffernan (Melbourne Heart)
Adam Hughes (Adelaide United)
Jesse Makarounas (Australian Institute of Sport)
Liam Miller (Hibernian, Scotland)
Shane Smeltz (Gold Coast United)
Bas van den Brink (Busan I�Park, South Korea)
Danny Vukovic (Wellington Phoenix)
Neil Young (Newcastle Jets)

Out:
Jamie Coyne (Sydney FC)
Howard Fondyke (Released)
Robbie Fowler (Retired)
Brent Griffiths (Stirling Lions)
Branko Jelic (Released)
Andrija Jukic, (Bogar Raya FC, Indonesia)
Adriano Pellegrino (Central Coast Mariners)
Naum Sekulovski (Released)
Anthony Skorich (Released)
Andy Todd (Oldham Athletic, England)
Tando Velaphi (Melbourne Victory)
Aleks Vrteski (Solo FC, Indonesia)

Sydney FC
In:
Michael Beauchamp (Melbourne Heart)
Pascal Bosschaart (ADO Den Haag, Netherlands)
Joel Chianese (Promoted from youth team)
Jamie Coyne (Perth Glory)
Karol Kisel (Slavia Praha, Czech Republic)
Nathan Sherlock (Promoted from youth team)

Out:
Kofi Danning (Brisbane Roar)
Brendan Gan (Released)
Matthew Jurman (Brisbane Roar)
Stephan Keller (Released)
Stuart Musialik (Released)
Byun Sung-Hwan (Newcastle Jets)

Wellington Phoenix
In:
Jimmy Downey (Sparta Rotterdam)
Lucas Pantelis (Wellington Phoenix)

Out:
Reece Crowther (Released)
Diego (Charleston Battery, United States of America)
Troy Hearfield (Central Coast Mariners)
Dylan Macallister (Brei�ablik UBK, Iceland)
James Musa (Released)
Jade North (FC Tokyo, Japan)
Marco Rojas (Melbourne Victory)
Toto (Atl�tico Santa Rosa, Argentina)
Danny Vukovic (Perth Glory)
Nick Ward (Released)

Midfielder2011-07-14 16:37:57

Socceroo/ Mariner / Whangarei

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over 14 years ago · edited about 5 years ago · History
I am also unconcerned about the lack of new signings at this stage. If you agree that Ricki should wait and see how the NZ U20s perform at the World Cup before filling up the Nix youth spots then that only leaves 3-4 other spots in the squad that need to be filled before the start of the season anyway.

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over 14 years ago · edited about 5 years ago · History
Quote of The Day from an insider "It will be the strongest squad we have been able to assemble" since we began.
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over 14 years ago · edited about 5 years ago · History
if that is true, then the remaining signings will all be starters right?

Season we reached 3rd place would have to have been our strongest squad I'd say... Although we havn't lost that much since then. playwithFire2011-07-14 17:30:49


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over 14 years ago · edited about 5 years ago · History
Paulinho wrote:
Actually�News I was about to come here and say the same thing -�people getting angsty over not signing players at this stage�is quite frankly ridiculous. It's three months away people!

�

"OMG there's only�90 more sleeps till the season starts!�We're doomed" - please.


Actually it's now 87 sleeps - that's 3 less days so angst should be scaled up appropriately (and I don't think it is a straight linear function)

"Phoenix till they lose"

Posting 97% bollox, 8% lies and 3.658% genuine opinion. 

Genuine opinion: FTFFA

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over 14 years ago · edited about 5 years ago · History
Hogster wrote:
Quote of The Day from an insider "It will be the strongest squad we have been able to assemble" since we began.


Is that a Brisbane Roar insider?

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over 14 years ago · edited about 5 years ago · History
hepatitis wrote:
I tried reading that and other posts with same specs as you Doloras, (rosey red) and still feel nervous that there wont be enough money in the coffers to keep a team running this year.How many times has Terry been to court for bankruptcy. Answer , too many. You might feel comfortable with that situation, but I bet in any other club, if the owner was not paying his bills and having court hearings to prise money out of him as a last resort, the fans would be wondering about the future of the club and discussing it in forums.White knights wont appear till the last moment by the way, that is the nature of it. Noone would want to join with Terry in the present circumstances. Unpleasant to put on paper but true.Look forward to seeing them this weekend though



what a white knight they will be when the licence goes back to FFA and there no nix....

any "white knite" has nothing to lose by putting their name out there now, saying that if terry can no longer hold on to the club they would happily take over. Where is the harm in that?

truth is we haven't had anyone and we might not

Calling all fans in Japan, come down and support the mighty nix in Osaka

http://www.facebook.com/WellingtonPhoenixClubMembersSupportersGroupOsaka

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over 14 years ago · edited about 5 years ago · History
hepatitis wrote:

Toffeeman wrote:
The reason all the creditors are wanting their money back is because they themselves are poked financially. They're trying to get as many debtors to pay up as possible and Terry happens to be one of them. If ANZ suddenly said, oi Toffeeman, pay up your mortgage now or we'll mortgagee sell your house and make you bankrupt. Same thing but on a slightly bigger scale.
In Terry we trust.
That is incorrect. The bank does not randomly ask for mortgages to be repaid. It will generally happily keep the mortgage as long as the interest is being paid. (That is how banks make money !!) When it isnt and it consistently isnt, they will take action. All creditors deserve to have the money they are owed repaid. That is the basis of lending money in good faith. And if not, then to take action to have the money repaid by whatever means possible, including forcing the sale of assets� that have a guarantee or mortgage on them


but this latest one is a finance company who has gone bust, it is the receivers trying to get the loan paid back, they want it now , not after they have got rid of the company.

p.s. i am no financial expert but am sure that is how it works, if i am wrong anyone can feel free to correct me

Calling all fans in Japan, come down and support the mighty nix in Osaka

http://www.facebook.com/WellingtonPhoenixClubMembersSupportersGroupOsaka

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over 14 years ago · edited about 5 years ago · History
Ifill's latest Facebook update doesn't make me feel too good either
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over 14 years ago · edited about 5 years ago · History
detoxin wrote:


but this latest one is a finance company who has gone bust, it is the receivers trying to get the loan paid back, they want it now , not after they have got rid of the company.

p.s. i am no financial expert but am sure that is how it works, if i am wrong anyone can feel free to correct me


"FM Custodians is trying to claw back the remaining $5 million owed on some $6.8 million of loans personally guaranteed by Serepisos. The outstanding balance is accruing annual interest of 17.25%.

The lender has already forced mortgagee sales on several properties and expects there may be a shortfall in excess of $2.3 million, the May judgement said."


I take it from this that the loans are due, as well as interest, either because the term has expired, or because the interest payments are in default and the loan can be called back in under the terms. 

If you have a mortgage and are keeping to the terms, there is no obligation to be forced to sell property and repay the loan, unless the terms in the mortgage were such that the lender could demand repayment at any time of its chosing, but who would agree to a deal like that.


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over 14 years ago · edited about 5 years ago · History
arnies wrote:
Ifill's latest Facebook update doesn't make me feel too good either
He selling a tv?TopLeft072011-07-14 23:16:40
Fruglo on 15.01.2013 wrote:

Fuck this stupid game

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over 14 years ago · edited about 5 years ago · History
detoxin wrote:
hepatitis wrote:
I tried reading that and other posts with same specs as you Doloras, (rosey red) and still feel nervous that there wont be enough money in the coffers to keep a team running this year.How many times has Terry been to court for bankruptcy. Answer , too many. You might feel comfortable with that situation, but I bet in any other club, if the owner was not paying his bills and having court hearings to prise money out of him as a last resort, the fans would be wondering about the future of the club and discussing it in forums.White knights wont appear till the last moment by the way, that is the nature of it. Noone would want to join with Terry in the present circumstances. Unpleasant to put on paper but true.Look forward to seeing them this weekend though



what a white knight they will be when the licence goes back to FFA and there no nix....

any "white knite" has nothing to lose by putting their name out there now, saying that if terry can no longer hold on to the club they would happily take over. Where is the harm in that?

truth is we haven't had anyone and we might not


They have a lot to gain by waiting to see how things turn out actually. NZF said they have had interest from 6 parties.

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over 14 years ago · edited about 5 years ago · History
hepatitis wrote:

detoxin wrote:
hepatitis wrote:
I tried reading that and other posts with same specs as you Doloras, (rosey red) and still feel nervous that there wont be enough money in the coffers to keep a team running this year.How many times has Terry been to court for bankruptcy. Answer , too many. You might feel comfortable with that situation, but I bet in any other club, if the owner was not paying his bills and having court hearings to prise money out of him as a last resort, the fans would be wondering about the future of the club and discussing it in forums.White knights wont appear till the last moment by the way, that is the nature of it. Noone would want to join with Terry in the present circumstances. Unpleasant to put on paper but true.Look forward to seeing them this weekend though



what a white knight they will be when the licence goes back to FFA and there no nix....

any "white knite" has nothing to lose by putting their name out there now, saying that if terry can no longer hold on to the club they would happily take over. Where is the harm in that?

truth is we haven't had anyone and we might not
They have a lot to gain by waiting to see how things turn out actually. NZF said they have had interest from 6 parties.


for example?

Calling all fans in Japan, come down and support the mighty nix in Osaka

http://www.facebook.com/WellingtonPhoenixClubMembersSupportersGroupOsaka

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over 14 years ago · edited about 5 years ago · History
It has nothing to do with NZ football though. Now if the FFA said that then it's credible.

Care to show us where NZ Football said that?

How's my driving? - Whine here

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over 14 years ago · edited about 5 years ago · History
arnies wrote:
Ifill's latest Facebook update doesn't make me feel too good either[/QUOTE] [QUOTE=TopLeft07]He selling a tv?
Don't leave us in suspense.
-naz-2011-07-15 00:51:56
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over 14 years ago · edited about 5 years ago · History
"is in a dark place right now dont know why i bother!" - Iffy
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over 14 years ago · edited about 5 years ago · History
probably just had a fight with the mrs.

Queenslander 3x a year.

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over 14 years ago · edited about 5 years ago · History
probably told hm he cant grow an amini fro


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over 14 years ago · edited about 5 years ago · History
hepatitis wrote:

detoxin wrote:

but this latest one is a finance company who has gone bust, it is the receivers trying to get the loan paid back, they want it now , not after they have got rid of the company.

p.s. i am no financial expert but am sure that is how it works, if i am wrong anyone can feel free to correct me



"FM Custodians is trying to claw back the remaining $5 million owed on
some $6.8 million of loans personally guaranteed by Serepisos. The
outstanding balance is accruing annual interest of 17.25%.




The lender has already forced mortgagee sales on several properties and
expects there may be a shortfall in excess of $2.3 million, the May
judgement said."

I take it from this that the loans are due, as well as interest, either because the term has expired, or because the interest payments are in default and the loan can be called back in under the terms.�

If you have a mortgage and are keeping to the terms, there is no obligation to be forced to sell property and repay the loan, unless the terms in the mortgage were such that the lender could demand repayment at any time of its chosing, but who would agree to a deal like that.

I believe the loans to be due as FM Custodian is in liquidation.
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over 14 years ago · edited about 5 years ago · History
What's worse case for Terry on Monday?
 
Dodge, duck, weave?
 
Or shoot!? 
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over 14 years ago · edited about 5 years ago · History
Hard News wrote:
It has nothing to do with NZ football though. Now if the FFA said that then it's credible.

Care to show us where NZ Football said that?


NZ Herald 5 Jun


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