Phoenix Ownership - Rob says FTFFA (Part 1)

I'm not on his back.

You on his back would have brought him down a long time ago.

If he could carry me, he could carry his businesses.

He can't sell the Nix because he doesn't own the Nix, at least not in any meaningful sense (and there's certainly not an open market for A-League licences). Terry funds the Nix, and if he wants out his only option is to hand the licence back to the FFA.

The FFA will then wait to receive a call from one of the estimated half-dozen millionaires living in Wellington who are just dying to take-over, but have somehow managed to keep their names completely out of the public arena up until now.

This new funder will is also be a football lover, well-versed in what it takes to run a football club and a PR expert. They will be universally loved by the players, coaching staff and fans, somehow managing to never ever make a bad decision or do anything that anyone doesn't like.

Our new funder will have a word with Ticketek and they will become efficient.

Our new funder will also be whiter than white, with not a hint of controversy in their background, having made their millions simply by being super-nice all the time. The media will be so blinded by our new funder's sheer awesomeness that they will never again write another negative story about the Nix.

Our new funder will convince the AFC to absorb Oceania and the Nix will become eligible for the ACL. The FFA will also invite the Nix to put a team in the youth league.

And finally, the economy will magically fix itself overnight so that our new funder is never under any kind of financial pressure and can drop a cool million into the Nix whenever.

I'm convinced. Terry - it's time to step aside.

better not increase the price of the season tickets (although ours are already booked).

To be fair, that's just because tpmyhill is very good at keeping a secret.

Seriously, though - can everyone please go back and read this thread from the beginning? Back to April when it really looked like the freakin' government was going to put Terry out of business? Things look pretty rosy now in comparison.

Of course not. Our new funder is so rich that entrance will be free from now on.

Our new funder will also build a new, boutique 15,000 capacity stadium for us. But after a short time the club is so successful that we end up having to move back to the Ring of Fire anyway. We'll all have a good laugh about that!

Excellent.  I'm half way there.

What?!?!?!? The players werent supposedly organising a petition back then...

You might not have imagined it but you definitely didn't read it. There's nothing there that contradicts what I said.

Tell me, what exactly was Traktovenko buying in this situation? Answer: f**k all. He was providing funding to clear debt. In return he got control of Sydney FC, or more correctly the right to put in a pile of cash and hope he might make one day make a profit.

Also, this was not a "sale" on the open market and it never would have happened without FFA consent. Obviously not an issue in this case because of Lowy's involvement.

The point is that Terry can't just go out and "sell" the Nix. And what is there actually to sell? The FFA even own the Phoenix name and branding ffs!

Just because a newspaper headline writer is a bit loose with the language doesn't change the underlying substance of the transaction.

Hang on. The only source for this is someone in Melbourne who heard from someone that might have heard from a player that they could be signing a petition to go to New Zealand football about the ownership of an Australian club...

JD

One thing that is not clear to me is were TS funds the Nix ... or what companies have been used to fund the Nix ... and importantly how the funding has been structured...

I must confess to only having limited Knowledge of TS companies and their financial position... But what I can say for certain is this...

1} Once a company is in either receivership or under administration... then it is the receiver or adminsrator who makes the calls on were money will go..

2} Has the funding to the Nix been by way of loan from TS companies or capital injections or donations...

Two issues could occur if past funding has been by way of loans, first this this money will be called by those running TS companies ... the other is if the income making businesses are not controlled by TS how can he fund future business needs...

Sorry in advance for stating the obvious but I have no idea how TS has funded the club and what he has used as his funding vehicle...

JD ... any idea on these two issues...

Just posting my weekly yawn.

Yawn.

Midfielder - unfortunately company law in New Zealand does not require companies to publish accounts publicly so we have absolutely no idea of the answers to your (important) questions.

This thread makes the knitting circle seem like fun people

"Absolute myth-making"? That seems a little unfair! I'm not saying that Terry "shouldn't go because in fact he can't sell the club" at all. My point is simply that when potential investors look at the substance of "owning" an A-League franchise they may be disappointed to find out what that really means.

Now, todays edition of the Nix Misery Gazette... scribbler2011-07-19 08:12:43

To be fair though, we are just arguing over use of the word "sold".

I confess to find it interesting that certain members of this forum really, really can't stand me putting a positive spin on things and looking for the bright side. Understandable if they really think that "if every member of this forum agrees that Terry is doomed and we all get really angsty about it, he will take the hint and hand over to the Mystery Man who tpmyhill keeps talking about". But I consider that superstitious nonsense.

But as for myself, do you think I like obsessively checking the news sites and this forum every morning to see whether Terry went broke or not? I certainly don't. Which is why I feel the need to keep my spirits up.

And that "players get petition together to remove Terry" story is such obvious nonsense (probably started by a rival A-League club) I can't believe that some people are falling for it.

well being a constant Pollyanna is just as head in the sand as being chicken Licken (for the younger generation these are fictional characters from us oldies long ago past   ). And for a long while you grumbled at the Doom Post for even considering this news whereas I'm more pragmactic and consider any major businessmen's financial problems to be news - its just that most of us dont bother to even notice articles about others

The WGA thing is the only thing that really worries me about Terry's judgement. If he came out and said "I admit it, I was sucked in by a smooth grifter like several other Australasian businessmen and I've sent Cypriot hitmen after him", I'd feel much more confident.

But as HN and others have said, I really don't believe that anything we as fans can do can change the future of the Nix (apart from buying season tickets), so I deliberately decide not to face the most probable reality. If Terry does go bust then JD and others will be able to say I told you so, with full justification, but in the meantime I feel better doing things this way.

Well said Doloras I to am sick & tired of the soothsayers/mystics and other assorted doom mechants who keep persisting with the absolute trash that seems to bounce around.

anyway lets get on to positive things like making sure people are buying season passes and looking foward to the coming season, we even get a new signing or two this week, and that came from a person who knows, not a freind of a freinds cousin from Timbuktoo.

lets get positive folks we need this thing to go foward we dont want it to fail like that other code from jaffa land lets "keep the faith"

Doloras, I just called you Cate Blanchett, man! That's high praise you just ignored.

i wish i could hide both JamesDean's and Doloras' posts from this thread

Given your avatar, Cosimo, I think it better if you don't get a swelled head. 

Because if a girl don't do what a girl's gotta do, the things that a girl's gotta do don't get done. And that'd never do.

*Bing Bong*

This the bit you like about Martin Lawrence??

"He was also arrested at Burbank Airport for carrying a loaded gun in his suitcase"