Phoenix Ownership - Rob says FTFFA (Part 1)

Cautious with their wishes ? Are you just making this up. I cant see anyone on her saying take it to Auckland or take it round the country. Where are you getting this from?

People can see that we wont have a team with Terry crashing and burning, and they are very pleased that someone else has stepped in and also that there have been indications that it will stay in Wellington. Thats all.

yes I did make it up - as I have no clue about what any potential new owners stand for - probably neither do you??

At this stage, continuation of a team in the A League and continuing to base it in Wellington. Thats what I have read in the papers. And I'm tending to believe them as they have been right so far in this saga.

Also FFA has guaranteed we will have a team in the A League this season and I'm pretty sure, without looking it up, they have said it will be in Wellington.

Youre in the know with YF, is this some sort of advanced warning that something else is going to happen ?? Or  a late night panic ??

The truth is that there are a million rumors out there.

one says ther are two separate groups, another says one. One says John Morrison is one of the five, some say he isn't. One says the Chow brothers are, one says Colin Giltrap is. One has the DomPost being manipulated by the parties involved to put the skids under Terry, other souces say this is rubbish. One has John Dow heavily involved, one is explicit that he's not. One has the coaching staff being changed as part of the package, two ir three others say not. One says CEO change, others don't. Some have both Morgan's involved some don't.

If two different parties are involved it could all be true.

Truth is some of the rumors concern me and I'd like an idea of what I'm endorsing before I embrace it blindly as the panacea for all ills.

very interesting - agree that some cards will need to go on the table at some point.  Surprised there haven't been any leaks if the dompost angle was true - if you wanted to put the skids the first thing you'd do is leak your plans and get the fans onside.  Morgan's quotes about giving Terry "every chance" is really the opposite of that

I heard it was James Dean taking over. Every player signing from hereon is going to be through fan plebiscite, while accounts are to be audited by whoever is sitting in a randomly selected seat at each home game. Furthermore, the new manager will have a permanent ustream channel running, so the fans can keep up to date with what is happening.

The one thing I would add is that this is not an opportunity to make money unless you run the club really well i.e. increase crowds and income massively.  There has to be some kind of altruistic desire to get involved because this is not really a money making venture at this stage.

Well  I have a different perspective, being in Auckland and not enough in the know to hear any of the rumoured possibilities. So to an extent any continuation will be a panacea as far as I am concerned.

I cant see the point in worrying about those rumours now that they are more visible either because so much is going on behind the scenes that cant be influenced. I would like to know sooner rather than later exactly what is going to happen, and frankly I will endorse it, because I  love the game and having a professional team to support. I say bring it on and worry about the complications later. Who knows, they might not happen.

There are plenty more, linking coaches, CEOs, investors who might or might not be part of the five. I could easily give you thirty rumors but those were the ones that first came to mind and none of those cover Terry's position or future which of course is the subject o another setof rumors.

Like I said some of what's out there could be great. If all the positive rumors are true then great, but that strikes me as the sort of luck I don't usually have.

I don't expect rival bidders to start gaining our 'votes' with promises of ever more outrageous signings (we're not Barca) but I'd like some genuine facts on what we're being asked to endorse and I'd like them from someone who isn't making sure that he gets votes in the next council election after he 'saved' the Phoenix from Auckland.

 

They actually had "content" for their article?

What a novel idea...

Forum poster G-Bibby said...

[QUOTE=Frankie Mac] - working for a living sucks donkey's balls.[/QUOTE]

 

 

The most likey scenario is that the FFA will wait to see what comes of Terry's issues. If they deem him fit to carry on as owner they will allow him to proceed as normal, otherwise they will revoke the licence and take control of the club (eg Brisbane, Adelaide, Newcastle etc etc) until suitable arrangements can be made for new owners to step in.

Not really a major news story in that so i'm not sure why the DoomPost continue to believe that us football fans are as stoopid and gullible as our rugby counterparts and believe EVERYTHING that is printed...

C-Diddy2011-09-13 09:40:40

But I wouldn't recommend eating twisties.

Can I just say at this point that the rumour that one of the "consortia" has a SACK RICKI agenda scares the willies out of me. The only good thing about the recent drama is that it has brought the team together as a tight unit.

No news can be good news!

and you know that how?

It was in a quote from Dura the other week and Greenacre has said the same thing as well.

Yeah, but News, if I say it it must be crap. 

If it was printed in the DoomPost then it must be 100% True!!!

i think there could be other reasons for them to get involved for 11 days a season wellington now has income it did not before the Nix, backpackers, hotels, motels, food outlets and of course don't forget pubs (i have a niggling feeling the the Thistle did not even open on Sundays unless there was a stadium thing on, on game day it is packed)  also the money sucking hole that is tranzmetro has extra income for these events helped by (IMO) the Nix being more of a regional team than a Wellington City team.

so if the investors own these types of properties there is extra incentive to invest, it may not cover their whole investment but in the long run it might

of course away games in some ways also count as its much more fun to get together with your mates at the pub to watch the game than sit around at home alone which also gets more people on public transport (especially if we win!!)

i did a little math if 6000 fans come to game and each spent $20 on food/drink and there are 11 home games that is $1.32 million coming in a season and personnally i think my $20 is on the low side i spend about $40

I suspect little if any of that goes to the club.  I think things like that are the stadiums profit from the game - and you kind of ignore cost as well.

You forgot to add the extra revenue the Council earns off Parking Infringement Notices!!!

these were costs at pubs/food outlets in town not stadium re: my comment on which people might have been asked into consortia and how they could recoup some of the money. 
Robin2011-09-13 11:06:35

 

but if they, in the last seasons, have been getting extra money coming in via their other investments which they will lose if the Nix fold or move that would be a reason to invest

 

I believe that the Phoenix benefit from beer sales at the stadium as part of their sponsorship deal promoting Export 33 on their kit.

i am afraid that even knowing that isnt enough to make me drink it

NBR

Terry Serepisos has six days to find $2 million to retain control of his Wellington Phoenix football club.

Well-places sources told the National Business Review Football Federation Australia has reached the limit of its patience with Mr Serepisos and his claims shady lender Western Gulf Advisory will deliver much-needed financial stability.

The FFA has given Mr Serepisos until September 19 to settle outstanding wage issues with the club, including more than $100,000 owed to coach Ricki Herbert and post a $2 million bond proving his financial ability to continue backing the club, or ownership will transfer to a consortium of Wellington businessmen known as the Phoenix Five.

The NBR understands the Phoenix Five includes developer Mark Dunajtschik. The Austrian-born property  developer had a falling out with Mr Serepisos earlier this year after he had considerable trouble trying to get repayment of a $4 million loan to the Phoenix owner. That loan was used to settle liquidation action brought by the IRD.

NBR understands that, as part of the security for this loan, Mr Serepisos signed share transfer forms giving Mr Dunajtschik 55% of the Phoenix. These forms not yet been filed with the Companies Office.

Mr Dunajtschik was unwilling to comment on his involvement.  �Go back to the people who told you that and ask them because I don't answer to the media,� he says.

The Dominion Post has reported the Phoenix Five also includes Kiwibank director Rob Morrison.

Concern from players
Chief executive of the Professional Footballer�s Association Brendan Schwab was unwilling to comment specifically on any unpaid wages that might be owed to Phoenix players.

�I don�t want to comment on specifics,� he says.  �We have direct dialogue with the FFA and the club, and we�re content they�re addressing our concerns.�

He says repeated court appearances by Mr Serepisos over defaults on debts and claims by the Wellington developer that he will be saved by alleged fraudster WGA had taken their toll.

�That�s a matter for the FFA, and the FFA is on top of the need to ensure any A-League franchise has the requisite financial backing � and that is thoroughly verified,� Mr Schwab says.

Mr Schwab says �very sensitive discussions� were taking place involving the Phoenix but did not elaborate.

Mr Serepisos told NBR the reports of a FFA deadline were wrong: "As usual your information is incorrect,"  he says

Hmmmmmm