Phoenix Ownership - Rob says FTFFA (Part 1)

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

I hope this works well and it must have Terry on the board.

As a fan of the old Kingz and Plymouth Argyle I am more then a little cautious though as both clubs got into finacial strife even with rich backers and in Argyle's case we ended up ï¿½17 mil in the red and are stuck in adminstration and bottom of the football league. We had a board of 6-8 millionaires, one of whom is a regular on the UK rich list and look what they managed to achieve (of course they made money).

Supporter world's best and worst football teams: Waikato/WaiBop, Kingz, Knights, Phoenix, The Argyle, The Whites & the All Whites

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

Terry's press conference video. Thanks to Alex Tarrant from interest.co.nz for this.

https://www.youtube.com/watch?v=4gkhhHXxkjc

THE quote in this that stands out to me: "does it hurt? Of course it does. But, is it for the right reasons, yes it is."

Smithy2011-09-26 08:06:06

Incredible stamina. No shame. Yellow Fever.

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

And, the earlier press con with Gareth Morgan, Lyall Gorman and Rob Morrison announcing the Welnix takeover of the Wellington Phoenix licence.

https://www.youtube.com/watch?v=A3u_7Em6njM&feature=relmfu

Again, thanks to Alex Tarrant for this.

Incredible stamina. No shame. Yellow Fever.

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

disco_mart wrote:

I hope this works well and it must have Terry on the board.

What possible benefit would this bring to the nix?

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

zonknz wrote:

disco_mart wrote:

I hope this works well and it must have Terry on the board.

What possible benefit would this bring to the nix?

Benefits? Gee, I dunno... maybe that he already understands all the ins and outs of being an owner, has a very good working relationship with the FFA and is rated by them as being one of the most progressive owners in the A-League (just a broke one!). Plenty of benefit there I think.

Of course, the real question is what might be the costs of keeping Terry involved???

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

terminator_x wrote:

Of course, the real question is what might be the costs of keeping Terry involved???

The existance of any new investors, one suspects.

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

In the Dom. Good response to the new group and talking to some concerns expressed

"Mr Morrison said the public feedback since Friday's announcement had been "universally positive". The five-year deal signed by Welnix had given fans absolute certainty about the club's future.

"I think there was a recognition out there that there needs to be some stability for the club ... clearly there have been some distractions, or a lot of distractions around the club, so people's view is that those distractions are gone and they are positive about moving forward."

A board would be appointed consisting of some consortium members as well as some external people that would bring a range of skills that the Welnix seven did not possess.

But any suggestion the group would struggle as they were not passionate football fans missed the point, Mr Morrison said.

"The issue is we're passionate about Wellington and we're passionate about Wellington to the extent that if the Phoenix is part of that then we want it to do well.

"We wouldn't put our names to this unless we were going to ensure that it does do well, we've got too much reputational risk around that. I think that you can be quite comfortable that one will flow into the other."

Mr Morgan said he was in Auckland on Saturday to watch the All Blacks play France and had been surprised at the support the team had outside Wellington.

"They see me and they [the fans] go `Go the Phoenix!' and to hear that in the streets around Eden park, it's pretty cool."

There was a feeling of relief from fans that the team would be staying in the capital and its future was clear, he said."

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

zonknz wrote:

terminator_x wrote:

Of course, the real question is what might be the costs of keeping Terry involved???

The existance of any new investors, one suspects.

One dude on the board out of like a dozen is going to put off investors? It's not as if he'll have cheque-signing authority. And even if so, I think I'd be happy if the "Founder Patron of WPFC" gets consulted by the Secret Seven occasionally, you know, like the British PM might ring up the Queen sometimes just for a second opinion.
Doloras2011-09-26 10:02:41

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

Doloras wrote:

Ever seen dragon's den (UK)? Familiar with the idea that 'you're just not investable'. That's what Terry is/has been for a number of years now.

People don't want to work with Terry, he still doesn't seem to understand this, even on Friday he was critiquing them for not getting involved earlier.

Terry, you were the problem, not part of the solution.

That doesn't deny Terry his place in history as the founder of the nix, but people need to get their heads around the idea that this entitles Terry to any input into how a group of other people get to spend their money.
zonknz2011-09-26 10:12:01

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

Not sure what nationality all the posters are here but I'm going to suggest that the phrase "whinging Poms" is a myth and it should be "whinging Whellingtonians".

("Whanganui-a-tara-ians" if you like)

"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

I hope they can get involved with the fans. I like these guys, but as Terry has said, the passion for football isn't as strong as most of us fans, so I'm hoping that grows and they can get really into the football.

Weirdly, I am more looking forward to next season to see what they can really do with a season experience under their belt, and more time and ability to launch marketing and advertising campaigns and build the phoenix brand up. Also the proposition of new signings is exciting. Just the full preseason with new owners will be good, well in my head i'm thinking it will be good.

Here's hoping

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

Headline on Stuff that Terry's been declared bankrupt. More to come apparently...

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

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10754427

Weird!!! "Creditors have also claimed possession of Serepisos' clothes and furniture."

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

hlmphil wrote:

Headline on Stuff that Terry's been declared bankrupt. More to come apparently...

Just saw that. I really hope we can leave all that behind now though, or someone can create a new thread in Off Topic

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

playwithFire wrote:

I hope they can get involved with the fans. I like these guys, but as Terry has said, the passion for football isn't as strong as most of us fans, so I'm hoping that grows and they can get really into the football.

Weirdly, I am more looking forward to next season to see what they can really do with a season experience under their belt, and more time and ability to launch marketing and advertising campaigns and build the phoenix brand up. Also the proposition of new signings is exciting. Just the full preseason with new owners will be good, well in my head i'm thinking it will be good.

Here's hoping

Me too, i predict a bumpy ride for the Nix this season.

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

AJ13 wrote:

hlmphil wrote:

Headline on Stuff that Terry's been declared bankrupt. More to come apparently...

Just saw that. I really hope we can leave all that behind now though, or someone can create a new thread in Off Topic

Yeah, fair point. I was just thinking before that it was nice to come in here and read all the transfer speculation for once, rather than "we're going to die".

Sorry to revert it back.

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

Imagine how we'd all be feeling if we were reading about Terry being declared bankrupt while he was still owner.

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

Great deal of sympathy for Terry's Brothers family, who have apparently lost their house thanks to WGA.

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

tbh I think the courts were fed up with Terry but didn't want to bankrupt him whilst still the owner of the nix, I mean first chance they got after letting the nix go and boom, done.

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

zonknz wrote:

Great deal of sympathy for Terry's Brothers family, who have apparently lost their house thanks to WGA.

Really? do feel for them..nasty

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

Jeff Vader wrote:

Yeah I agree that the specifics don't matter too much. I am just listening to the radio interviews on ZB and you can hear it in his voice that he is a bitter man. I listen and think he probably doesn't have a grasp of the reality that was facing the Phoenix under his watch in the last few months. I still think he should just walk away like a boss rather than whinge about it.

As for maturity about it, well you can debate the merits of that all day around that but he doesn't do himself any favours sometimes the way he carries on in the media. Proclaiming that he has confidence in the WGA deal? Its not a conversation for this forum or today.

He created it, grew it and handed it over when it was time. For that, I salute the man.

This is kinda what I was meaning two pages back on Saturday. He is not living in a reality about his situation and where its at.

I feel for the guy. He is about to lose everything I guess and its going to be tough for him and his family such is the fall from grace. Its unfortunate that the property market went tits up on him but when you play in that high roller game, you got to know when to walk away.

I would be intrigued to see the reaction at the FFA office. I think they might be thinking 'We did the right thing'. I'm more inclined to believe Michael Browns line about 'giving up the Phoenix which is questionable'

Good luck Terry. I hope the creditors don't completely strip you.

Grumpy old bastard alert

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

Well, that's freakin' terrible. Still, Donald Trump came back from bankruptcy twice. I doubt Terry will be happy to live out the rest of his days as a real estate agent or whatever a bankrupt ex-property developer does.

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

nbr.co.nz wrote:

An attempt by Mr Serepisos to secure funding from the Hong Kong-based Wellingtonian William Henderson failed.

Mr Henderson told the NBR: ï¿½Thereï¿½s no way we will have any engagement with [Mr Serepisos]. Obviously around him everything is crumbling,ï¿½ Mr Henderson says.

Presumably this was the deal that Terry thought would save him....

zonknz2011-09-26 11:38:44

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

But the Stuff article said that some money did come through from Hong Kong on Thursday, with the rest due to arrive this week.

Stuff wrote:

The judge said the eleventh hour bid was unsatisfactory and if the money did come through Serepisos could apply to come out of bankruptcy early.

There's more than one moneylender in Hong Kong.

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 think though that it was only Trump companies that when't belly up and that Trump himself still had a large personal fortune with which to rebound.

These guys often bounce back though, but it will be a hard road.

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

In happier news, live chat with Rob Morrison about to go. LOL at the one commenter signing himself "Sery de Campos". Which one of you guys is it?

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

terminator_x wrote:

zonknz wrote:

disco_mart wrote:

I hope this works well and it must have Terry on the board.

What possible benefit would this bring to the nix?

Benefits? Gee, I dunno... maybe that he already understands all the ins and outs of being an owner, has a very good working relationship with the FFA and is rated by them as being one of the most progressive owners in the A-League (just a broke one!). Plenty of benefit there I think.

Of course, the real question is what might be the costs of keeping Terry involved???

Does he really though? He is not a sucessful owner despite how rose tinted our glasses are.

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

By what measure isn't he?

The club has been a success on and off the field, the list of what they have achieved in four years is astonishing and the impact on the New Zealand sporting landscape huge.

Sure the last 6 weeks haven't been superb but his legacy is four years not 6 weeks.

How's my driving? - Whine here

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

zonknz wrote:

Great deal of sympathy for Terry's Brothers family, who have apparently lost their house thanks to WGA.

No, they've lost their house because of Terry.

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

Probably was Terry's house in the first place.

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

Hard News wrote:

By what measure isn't he?

The club has been a success on and off the field, the list of what they have achieved in four years is astonishing and the impact on the New Zealand sporting landscape huge.

Sure the last 6 weeks haven't been superb but his legacy is four years not 6 weeks.

Where do I start?

1. He ran the club at a loss for the past 4 years [and so did most other owners but that doesn't make what he did a success because others are in the same boat.]

2. He had the A League license taken off him [I don't buy that he wasn't pushed].

3. He owes his head coach a substantial amount of money in wages.

4. He did not pay his tax or Kiwisaver contributions for his staff.

5. He apparently owes substantial debts relating to the running of the club.

6. He is now bankrupt.

I appreciate that some [you included] might find it hard to be objectivebecause of your emotional attachment, but if you put that list against some other kind of business then it would also spell unsuccessful.

I concede that there have been some successes but at the end of the day, the final outcome speaks for itself doesn't it?

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

Hard News wrote:

By what measure isn't he?

The club has been a success on and off the field, the list of what they have achieved in four years is astonishing and the impact on the New Zealand sporting landscape huge.

Sure the last 6 weeks haven't been superb but his legacy is four years not 6 weeks.

If City win the Champions League final & The EPL this year, does that make them successful owners, or just a bunch of muppets with 1/2 a Billion they can afford to piss up a tree?

Surely success comes from sustainability, not just the ability to spend up large?

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

Napier Phoenix wrote:

I concede that there have been some successes but at the end of the day, the final outcome speaks for itself doesn't it?

Yes. The final outcome is that Wellington has an A-League team, which - everyone agrees - would not have happened if not for Terry S. It's not the Nix who have gone bust, it's Terry. You'll note that no-one sensible wanted to touch the Knights when they hit the skids, but seven serious investors have put their hands up because they know how valuable the Nix are.

The Nix are a success and that's Terry's doing. It's the rest of his affairs where he screwed up. However, I know how hard it is to resist the temptation to kick a man when he's down.
Doloras2011-09-26 12:32:22

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

This is important:

Rob Morrison:

To be clear, over the next two years, we will not play more than one regular season game per season as a "home game" away from Wellington. We understand that the Hyundai A-League plan to expand the league giving us more games per season and if that happens that will give us the flexibility to look at playing more home games away.

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

Like I said. In the last 6 weeks it's gone pear-shaped (although believing all you read in the papers has been proven to be somewhat flawed) but how you can measure the last 4 years as unsusccessful you must be the most miserable bastard in history.

You measure the success of the people who own and run the club by what the club has achieved and unless you are some top 4 supporting delusionist this club has been an epic success, far beyond what anyone predicted.

That is successful ownership.

Is he a successful businessman? Evidence suggests not, but that isn't how you measure the success of a clubs owners.

How's my driving? - Whine here

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

He obviously reads the forums: Deloras - you sound like a goalkeeper.

Grumpy old bastard alert

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

That also makes the All Blacks an unsuccessful team in the last 24 years for failing to win the World Cup..... oh wait.

Grumpy old bastard alert

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

Which poster is he!!!111 I MUST KNO!!1!!

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

Maybe auskiwi with his four businesses?

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