Gorman....like everyone else does not want this to get messy. The CEO of the Nix was quoted as saying that "currently Terry does not have the $$$ to run the club". Which means that very soon wages won't get paid. the club will be in breach of players contracts and players will walk.
This needs to be sorted soon. We still have a good coach on the books. We still have 12 good players on the books. If this drags on and the club implodes it will take a huge job to resurrect it. If there are new owners then it would be like going back to year one trying to assemble a whole team in a short amount of time.
This proposed $1 million plus annual sponsorship is cuckoo land stuff. Its just a beat up of the sorry WGA saga.
442 recently quoted an insider form the FFA that " they have had a serious approach from a potential new owner(of the Nix) in the last few weeks. So lets get theis over with. IMO this new owner(however uncertain) is a hell of a lot more probable than Terry financing the Nix this season.