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Posted April 19, 2011 09:05 · last edited March 18, 2021 07:33

james dean wrote:
Let's get real here, the phoenix isn't self funding and terry is struggling to pay for it, why would we not be at least considering other potential owners?


Rightly or wrongly, the A-League structure for teams means there is no point of ownership changes through sale (at this pre-profitability stage, at least). All the IP and contracts belong to the League, so no one is going to buy Terry out- because there is nothing to buy.

Sad reality is that the only way a change of owner will happen is for Terry to walk away, or go belly up. He seems minded to do neither.

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Unknown editor edited March 18, 2021 07:33
james dean wrote:
Let's get real here, the phoenix isn't self funding and terry is struggling to pay for it, why would we not be at least considering other potential owners?


Rightly or wrongly, the A-League structure for teams means there is no point of ownership changes through sale (at this pre-profitability stage, at least). All the IP and contracts belong to the League, so no one is going to buy Terry out- because there is nothing to buy.

Sad reality is that the only way a change of owner will happen is for Terry to walk away, or go belly up. He seems minded to do neither.