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Posted May 22, 2011 03:11 · last edited March 18, 2021 07:33

Hard News wrote:
Once again we say.  Name these 'highly motivated' people because so far not one of them has been proven to be anything other than a very large straw for people to clutch at.  A WGA sized straw.
 
I said there is a large group of highly motivated people who were interested in keeping the Nix going.
Try NZF, FFA, Wellington city council, Yellowfever, NZ football community, Sky TV, my Mum.
 
I did not say there were highly motivated BUYERS ready to step in. I have no proof of this.
 
But there is signifiacantly more proof about the state of poor old Terrys business. When the CEO comes out and states " Terry currently, and for the past few months can't affored to run the Nix" then that is a fact.
 
The best outcome would be for Terry to refinance and keep running the Nix. However there is a strong business case to suggest that this will not happen. I still maintain that unless Terry secures a significant cash injection then we are looking at alternative ownership models.....
 
If this is clutching at straws then I am happy to do this.....because the alternative does not bear thinking about!
 
 

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Unknown editor edited March 18, 2021 07:33
Hard News wrote:
Once again we say.  Name these 'highly motivated' people because so far not one of them has been proven to be anything other than a very large straw for people to clutch at.  A WGA sized straw.
 
I said there is a large group of highly motivated people who were interested in keeping the Nix going.
Try NZF, FFA, Wellington city council, Yellowfever, NZ football community, Sky TV, my Mum.
 
I did not say there were highly motivated BUYERS ready to step in. I have no proof of this.
 
But there is signifiacantly more proof about the state of poor old Terrys business. When the CEO comes out and states " Terry currently, and for the past few months can't affored to run the Nix" then that is a fact.
 
The best outcome would be for Terry to refinance and keep running the Nix. However there is a strong business case to suggest that this will not happen. I still maintain that unless Terry secures a significant cash injection then we are looking at alternative ownership models.....
 
If this is clutching at straws then I am happy to do this.....because the alternative does not bear thinking about!