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Posted September 12, 2011 21:30 · last edited March 18, 2021 07:33

Hard News wrote:
There are plenty more, linking coaches, CEOs, investors who might or might not be part of the five. I could easily give you thirty rumors but those were the ones that first came to mind and none of those cover Terry's position or future which of course is the subject o another setof rumors.

Like I said some of what's out there could be great. If all the positive rumors are true then great, but that strikes me as the sort of luck I don't usually have.

I don't expect rival bidders to start gaining our 'votes' with promises of ever more outrageous signings (we're not Barca) but I'd like some genuine facts on what we're being asked to endorse and I'd like them from someone who isn't making sure that he gets votes in the next council election after he 'saved' the Phoenix from Auckland.
 
As is so often the case, News speaks words of wisdom.
 
Here are the facts:
 
1. Terry is short of cash.
2. John Morrison has been in the paper saying he "knows people".
3. Gareth Morgan has been in the paper saying he has been approached by two groups.
4. He said he "had not been approached to invest yet". 
5. John Morrison says a rescue package of 5 x $400k has been "formulated". 
6. Lyall Gorman has said the FFA is committed to the Phoenix for the 11/12 season and "will work closely with Terry Serepisos to ensure stability for the Phoenix players and staff..." 
 
So from that we can draw only few conclusions:
 
Gareth Morgan hasn't been approached to invest yet.  So he's only been asked if he's interested.  Yawn.
 
Nobody else is prepared to be named.
 
And there are more questions:
 
What does formulated mean?  Formulated could mean he wrote "5x400k=2m=Feenix4Life" on a napkin.  
 
What is John Morrison's role in the formulation?  Is the council directly involved, or not?  Morrison has previously said that he is "not directly involved" but that his position on council puts him "in a pivotal position".  What does that mean?
 
Everything else is just supposition and us putting our own individual spin on the statements and sources.

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Unknown editor edited March 18, 2021 07:33
Hard News wrote:
There are plenty more, linking coaches, CEOs, investors who might or might not be part of the five. I could easily give you thirty rumors but those were the ones that first came to mind and none of those cover Terry's position or future which of course is the subject o another setof rumors.

Like I said some of what's out there could be great. If all the positive rumors are true then great, but that strikes me as the sort of luck I don't usually have.

I don't expect rival bidders to start gaining our 'votes' with promises of ever more outrageous signings (we're not Barca) but I'd like some genuine facts on what we're being asked to endorse and I'd like them from someone who isn't making sure that he gets votes in the next council election after he 'saved' the Phoenix from Auckland.
 
As is so often the case, News speaks words of wisdom.
 
Here are the facts:
 
1. Terry is short of cash.
2. John Morrison has been in the paper saying he "knows people".
3. Gareth Morgan has been in the paper saying he has been approached by two groups.
4. He said he "had not been approached to invest yet". 
5. John Morrison says a rescue package of 5 x $400k has been "formulated". 
6. Lyall Gorman has said the FFA is committed to the Phoenix for the 11/12 season and "will work closely with Terry Serepisos to ensure stability for the Phoenix players and staff..." 
 
So from that we can draw only few conclusions:
 
Gareth Morgan hasn't been approached to invest yet.  So he's only been asked if he's interested.  Yawn.
 
Nobody else is prepared to be named.
 
And there are more questions:
 
What does formulated mean?  Formulated could mean he wrote "5x400k=2m=Feenix4Life" on a napkin.  
 
What is John Morrison's role in the formulation?  Is the council directly involved, or not?  Morrison has previously said that he is "not directly involved" but that his position on council puts him "in a pivotal position".  What does that mean?
 
Everything else is just supposition and us putting our own individual spin on the statements and sources.