Terry has committed himself to keeping the Wellington Phoenix alive. Each season it costs his company Century City Football in excess of $5 Million or so to run, and it loses $1million or more.
Theoretically,a decent deal from just the new shirt sponsor alone could go a long way to a brighter future and perhaps help cover the shortfall, let alone any other sponsors prepared to come on board.
Longer term, Terry can hopefully survive until the FFA re-negotiate a better A-League deal for all the owners, and build the league into a more attractive entertainment package.
There may be risk to Century City Football from creditors from his other failed companies, but that remains to be seen. Until it is obvious that Terry cannot continue we ought to be supporting him.
If I had capital invested in the running of the Century City Football sure I'd expect to see the books.That's business.The reality is, its Terry's business to run as he sees fit.
Current version
Posted May 26, 2011 21:38 · last edited March 18, 2021 07:33
Terry has committed himself to keeping the Wellington Phoenix alive. Each season it costs his company Century City Football in excess of $5 Million or so to run, and it loses $1million or more.
Theoretically,a decent deal from just the new shirt sponsor alone could go a long way to a brighter future and perhaps help cover the shortfall, let alone any other sponsors prepared to come on board.
Longer term, Terry can hopefully survive until the FFA re-negotiate a better A-League deal for all the owners, and build the league into a more attractive entertainment package.
There may be risk to Century City Football from creditors from his other failed companies, but that remains to be seen. Until it is obvious that Terry cannot continue we ought to be supporting him.
If I had capital invested in the running of the Century City Football sure I'd expect to see the books.That's business.The reality is, its Terry's business to run as he sees fit.
Theoretically,a decent deal from just the new shirt sponsor alone could go a long way to a brighter future and perhaps help cover the shortfall, let alone any other sponsors prepared to come on board.
Longer term, Terry can hopefully survive until the FFA re-negotiate a better A-League deal for all the owners, and build the league into a more attractive entertainment package.
There may be risk to Century City Football from creditors from his other failed companies, but that remains to be seen. Until it is obvious that Terry cannot continue we ought to be supporting him.
If I had capital invested in the running of the Century City Football sure I'd expect to see the books.That's business.The reality is, its Terry's business to run as he sees fit.