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Phoenix Ownership - Rob says FTFFA (Part 1)

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Posted May 26, 2011 10:02 · last edited March 18, 2021 07:33

ballane wrote:
Frankly as an inauguaral member of the Phoenix and a very early participant in the YF forums im thorougly sick of all this sh*t.Its way past time that Terry put his hands up and said this is getting to hard.
Im bloody greatful for what he did in bringing the club to us,but im really struggling to understand just how he and some of you others think this is really helping us.

Also really not sure just why some of the senior members of the Fever are so ready to defend him and accept all the excuses.or is it that you are scared that the free gravy boat some of you have been on is going to dissapear.
 
 
I think as a group of supporters if we are not doing the best for the club if we don't ask hard questions.  We know almost nothing about the finances of the club which is extremely unusual for a sporting institution.  For a start I would like to know:
 
- are the year on year cash injections made by Terry in the form of loans or as equity?
 
- has the club or any of its assets been used as security for any borrowing, either by the club or other parts of Terry's business?
 
- what are the clubs current debts?
 
- I would also favour someone being able to inspect the accounts without them being released publicly
 
I personally favour us asking the club for answers to these and any other questions that people may have.  Personally I think that we have a right to know.
 
it's become fashionable here to ask where these potential buyers are.  Firstly, Terry has been very clear that he doesn't want to sell so why would people come out in the media saying they are interested.  Second, just because we as fans haven't heard doesn't mean that there aren't people interested.

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Unknown editor edited March 18, 2021 07:33
ballane wrote:
Frankly as an inauguaral member of the Phoenix and a very early participant in the YF forums im thorougly sick of all this sh*t.Its way past time that Terry put his hands up and said this is getting to hard.
Im bloody greatful for what he did in bringing the club to us,but im really struggling to understand just how he and some of you others think this is really helping us.

Also really not sure just why some of the senior members of the Fever are so ready to defend him and accept all the excuses.or is it that you are scared that the free gravy boat some of you have been on is going to dissapear.
 
 
I think as a group of supporters if we are not doing the best for the club if we don't ask hard questions.  We know almost nothing about the finances of the club which is extremely unusual for a sporting institution.  For a start I would like to know:
 
- are the year on year cash injections made by Terry in the form of loans or as equity?
 
- has the club or any of its assets been used as security for any borrowing, either by the club or other parts of Terry's business?
 
- what are the clubs current debts?
 
- I would also favour someone being able to inspect the accounts without them being released publicly
 
I personally favour us asking the club for answers to these and any other questions that people may have.  Personally I think that we have a right to know.
 
it's become fashionable here to ask where these potential buyers are.  Firstly, Terry has been very clear that he doesn't want to sell so why would people come out in the media saying they are interested.  Second, just because we as fans haven't heard doesn't mean that there aren't people interested.