Thanks Natt Mippert!
Funniest thing i've read today!!!
Phoenix Ownership - Rob says FTFFA (Part 1)
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Well it was mentioned last week something (I think in this thread) that there was date of Sept 19 so not really news although the mentioning of the name Mark Dunajtschik and that bit of gossip is interesting if at least remotely true.
I would guess the reason why Done-a-chick didn't file them is because he would be on the hook for the unpaid wages etc... Also why sign up to accept 55% of what is known to be a money blackhole, when he is trying to get away from Terry and has been quoted elsewhere as saying 'wish he had never done business with the man'
Jeff Vader2011-09-13 11:59:10Grumpy old bastard alert
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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 
me neither
" If you only have a hammer you tend to see every problem as a nail" - maslow
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JV makes some valid points though.
�
Once again though Nippert has a pile of information and you have to wonder who is working so hard to feed him it.
Does he really have this "pile of information" or is he really just calling a huge bluff?
"Ive just re-visited this and once again realised that C-Diddy is a genius - a drunk, Newcastle bred disgrace - but a genius." - Hard News, 11:39am 4th June 2009
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JV makes some valid points though.
He might actually be a good journo and has cultivated this source of information. My experience is that most people are willing to give informtion all you have to do is front them and ask directly. Never-the-less, I get the feeling that the source is a good one even if he/she has their own agenda.Once again though Nippert has a pile of information and you have to wonder who is working so hard to feed him it.
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Once again though Nippert has a pile of information and you have to wonder who is working so hard to feed him it.
We have a coincidence of interest:
- John Morrison and cronies want rid of Terry because they don't like his style and/or they don't like his plans for the Nix and/or they're driven nuts by continuous IMMINENT DOOM OF THE NIX PREDICTED stories.
- Terry's creditors want Terry to go under out of understandable revenge for him driving around in a Ferrari while being broke.
- Burgess and Nippert want Terry to go under because that'd be the perfect end to the story they've been writing. If Terry somehow survived they'd look stupid.
I do not consider myself paranoid or mean-spirited by suggesting that these forces have motive, means and opportunity for slanting media coverage to maximise the pressure on Terry. News, are you suggesting that there are actually people within the Nix organisation leaking this information because they also want to SACK TERRY for whatever good or bad reason?
Doloras2011-09-13 12:10:47
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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I'm almost certain it's no one in the Phoenix organisation. This information isn't really Phoenix inside knowledge, more FFA and BUsniess inside knowledge.
I would suspect very few Phoenix people know the whole facts and they probably find out as much as us from what the Dom and NBR campaign managers print.
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I don't doubt that there is some equity in what Muppert reports. To be fair to him, he hasn't been too wide of the mark thus far when you look back on his other articles. He was just hated cause he was the first to start throwing muck.
I just find it interesting the Done-a-chick is mentioned. I thought that other properties were secured against the loan so why would Terry throw the nix in with it? Either way, I would (in my opinion) count Done-a-chick as a non-starter because what does the nix give him? He's not been in the media before as far as I can tell and wasn't interested in commenting further on the article so doesn't strike me as being hungry for attention. And we have all seen how property developers and the media work out...
Also note that the unpaid wages thing hasn't gone away either.... All Schwab has really said is that they have gotten the FFA bulldogs to do the clean up for them.
I would be prepared to bank on the 6 days though...
PS: I've just re-read the article again and everytime I can get a different take on it. What a head trip
Jeff Vader2011-09-13 12:17:58
Grumpy old bastard alert
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I'm almost certain it's no one in the Phoenix organisation.� This information isn't really Phoenix inside knowledge, more FFA and BUsniess inside knowledge.
That's interesting, in that it makes my continual protestations that "the FFA like Terry and want to keep him around if possible" look kind of stupid.
But as far as "business" goes, certainly, Terry's creditors have an interest in having him stop squirming and accept the inevitable.Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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Cue howls of outrage from those saying this is another NBR setup
I'm not saying this is an NBR setup at all. I think there is truth in there its just how much of it is true, how much is a beat up and how much is mongering by other agents.
Grumpy old bastard alert
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I believe that the Phoenix benefit from beer sales at the stadium as part of their sponsorship deal promoting Export 33 on their kit.
And the more beer you drink, the better the Nix seem to perform.
"Phoenix till they lose"
Posting 97% bollox, 8% lies and 3.658% genuine opinion.
Genuine opinion: FTFFA
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I believe that the Phoenix benefit from beer sales at the stadium as part of their sponsorship deal promoting Export 33 on their kit.
And the more beer you drink, the better the Nix seem to perform.
WIN - WIN FTW!!!
"Ive just re-visited this and once again realised that C-Diddy is a genius - a drunk, Newcastle bred disgrace - but a genius." - Hard News, 11:39am 4th June 2009
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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.
This might sound like a technicality but I actually think it is quite important. If he has a 55% stake in anything to do with the Phoenix it will be Century City Football. Terry doesn't own the Phoenix, he owns CCF which holds the licence to participate in the A-league, it can be taken away by FFA. I'm not sure the (temporary) licence can even be sold/passed on without FFA approval??? This doesn't really sound quite right.
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Well to have a 55% share in the nix, and for it to pop up in the companies office, it would need to be CCF. Again I doubt he would want to sign up to majority ownership and majority debt.
So between Ali and this guy, they own 105% of the nix??
Grumpy old bastard alert
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The other thing I find a bit odd is that FFA are demanding a $2 million bond in a weeks time. Not a bad thing for the club, but seems more than a little unfair. Even if Terry wasn't having cashflow problems, having a demand like this thrown at you, assuming it is unexpected, would be pretty difficult to meet. rjmiller2011-09-13 12:39:07
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The other thing I find a bit odd is that FFA are demanding a $2 million bond in a weeks time. Not a bad thing for the club, but seems more than a little unfair. Even if Terry wasn't having cashflow problems, having a demand like this thrown at you, assuming it is unexpected,�would be pretty difficult to meet.
Actually, I don't find it odd if the Phantasmic 5 are putting up 2 million that the FFA should just ask Terry if he can match that.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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The other thing I find a bit odd is that FFA are demanding a $2 million bond in a weeks time. Not a bad thing for the club, but seems more than a little unfair. Even if Terry wasn't having cashflow problems, having a demand like this thrown at you, assuming it is unexpected, would be pretty difficult to meet.
But haven't there been frequent/daily conversations between Terry and FFA?
Junior822011-09-13 12:43:25"Phoenix till they lose"
Posting 97% bollox, 8% lies and 3.658% genuine opinion.
Genuine opinion: FTFFA
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I doubt a demand like that has come up before. To me, and I believe it is actually better for the club, the FFA have decided they prefer the new guys and so are going to revoke the licence, but are doing so in a way which doesn't make them seem unjust.
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I find the fugure of 55% to be intruiging as it means that Terry has a value in his head of what he thinks the Phoenix is actually worth. Wonder what that numer actually is.
Also 55% is strange because I thought for someone to have majority shareholding then surely they'd only require 51% of a business?
Also 55% is strange because I thought for someone to have majority shareholding then surely they'd only require 51% of a business?
"Ive just re-visited this and once again realised that C-Diddy is a genius - a drunk, Newcastle bred disgrace - but a genius." - Hard News, 11:39am 4th June 2009
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I doubt a demand like that has come up before. To me, and I believe it is actually better for the club, the FFA have decided they prefer the new guys and so are going to revoke the licence, but are doing so in a way which doesn't make them seem unjust.
I dont think this is new, I'm pretty sure it was done with the Fury. They had to come up with the money or have the licence taken away.
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I doubt a demand like that has come up before. To me, and I believe it is actually better for the club, the FFA have decided they prefer the new guys and so are going to revoke the licence, but are doing so in a way which doesn't make them seem unjust.
I can agree with this.
When you take into account that they have had to take over the clubs in the past, why go through it again when its obvious that there are parties waiting in the wings. So rather than the FFA yank the licence, they can do it in a manner that looks like 'business best practice' i.e. you got any cash bro? At least with the nix, they know there are suiters that are there right now that are cashed up and with Terry rumoured to owe players/coaches some dough.....
Also something else that rankles with me is something mentioned in the media that the FFA were guilty of dropping the ball with the HAL in chasing the WC. Do you think they are going to repeat that. This is a chance to keep it positive and not let it decend back to the days of 'those Auckland franchises whose names shall not be mentioned' especially when they do not need negativity or uncertainty with a looming TV rights agreement.
Grumpy old bastard alert
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JV makes some valid points though.
[QUOTE=Therk] A decision has been made. Terry will lose control of the club within 10 days. You heard it here first.
Threak out
Once again though Nippert has a pile of information and you have to wonder who is working so hard to feed him it.
[/QUOTE][QUOTE=Therk] A decision has been made. Terry will lose control of the club within 10 days. You heard it here first.
Threak out
^^ It was Threak....
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Terry will lose control of the club within 10 days unless he can put $2m in the FFA's bank account
Fixed.
Can we imagine a scenario in which Terry loses the club, goes away, builds up another empire (let's suspend disbelief on that one for the moment) and comes back in 3-5 years to get it back?Doloras2011-09-13 12:59:53
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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Fixed.
Can we imagine a scenario in which Terry loses the club, goes away, builds up another empire (let's suspend disbelief on that one for the moment) and comes back in 3-5 years to get it back?
You are terry's son and i claim my 5 pounds.
Why the persistent need to validate Terry?
We owe the Terry for the foundation of the club, we sure as hell don't owe him the demise of the club.
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Terry will lose control of the club within 10 days unless he can put $2m in the FFA's bank account
Fixed.
Can we imagine a scenario in which Terry loses the club, goes away, builds up another empire (let's suspend disbelief on that one for the moment) and comes back in 3-5 years to get it back?
Sorry but the depth of Terry's woes do not make that a possibility (at least through legitimate means)
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The only good thing about the recent drama is that it has brought the team together as a tight unit.
[/QUOTE]
and you know that how?
[/QUOTE]
and you know that how?
[QUOTE=the Dom Post]He [Ricki Herbert] said the team remained tight despite the constant speculation.
Keep up JD.
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I don't doubt that there is some equity in what Muppert reports. To be fair to him, he hasn't been too wide of the mark thus far when you look back on his other articles. He was just hated cause he was the first to start throwing muck.
I think this says a bit about Nippert's journalism...
I just find it interesting the Done-a-chick is mentioned. I thought that other properties were secured against the loan so why would Terry throw the nix in with it? Either way, I would (in my opinion) count Done-a-chick as a non-starter because what does the nix give him? He's not been in the media before as far as I can tell and wasn't interested in commenting further on the article so doesn't strike me as being hungry for attention. And we have all seen how property developers and the media work out...
Also note that the unpaid wages thing hasn't gone away either.... All Schwab has really said is that they have gotten the FFA bulldogs to do the clean up for them.
I would be prepared to bank on the 6 days though...
PS: I've just re-read the article again and everytime I can get a different take on it. What a head trip
UPDATE: The National Business Review has been informed by advisers to Mark Dunajtschik that he has no interested in the Phoenix, and is not part of the so-called Phoenix Five.
Founder
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UPDATE: The National Business Review has been informed by advisers to Mark Dunajtschik that he has no interested in the Phoenix, and is not part of the so-called Phoenix Five.
LOL Nipples. But note that Dunajtschik's not denying that Terry gave him papers handing over 55% of the Nix, which is the interesting bit. I would assume the P5 would be wanting to "cash those in" and take them off his hands, if they indeed exist.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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The FFA's requirement for a bond of $2m isn't new, it was reported at least 5 days ago by the ODT:
The ODT reported the deadline as being before his next court appearance, which would make sense as he would have had to strike a deal with his creditors by then (or not). The NBR is now claiming the deadline is actually September 19 which is before the planned date for the creditors meeting (September 23) and his next court date (September 26). Seems strange.
terminator_x2011-09-13 14:55:43
It is understood the FFA is set to tell Serepisos his licence will be revoked unless he meets certain conditions before his next court appearance later this month.
One will, be having a bond in the bank, believed to be in the vicinity of $2m.
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So it pretty much leaves the article with:
Find some cash by Monday or you are gone and the PFA have set the FFA goons loose in getting the players wages back.
No real news here.... Just the status quo of our owner being in the proverbial and sinking.
Grumpy old bastard alert
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This topic is locked.