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Phoenix Ownership - Rob says FTFFA (Part 1)

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Posted September 23, 2011 00:54 · last edited March 18, 2021 07:33

Footpaul wrote:
Doloras wrote:
Rob Morrison is thumping into reporters' heads that Welnix has not taken on any of Century City Football's liabilities, only the licence. So Terry still owes Ricki $100,000, I suppose.


This is what interests me. I understand it is a clean sheet, but where do any potential debts go? Still owed by CCF/Terry?

I may have missed it in the presser, my internet connection keeps cutting out.
Sounded to me like they were hoping that FFA might clean up anything left behind. But that's obviously something they've got to iron out. Wishful thinking to expect them to discuss any of that detail today. In fact it would have been pretty silly of them to do it.

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Unknown editor edited March 18, 2021 07:33
Footpaul wrote:
Doloras wrote:
Rob Morrison is thumping into reporters' heads that Welnix has not taken on any of Century City Football's liabilities, only the licence. So Terry still owes Ricki $100,000, I suppose.


This is what interests me. I understand it is a clean sheet, but where do any potential debts go? Still owed by CCF/Terry?

I may have missed it in the presser, my internet connection keeps cutting out.
Sounded to me like they were hoping that FFA might clean up anything left behind. But that's obviously something they've got to iron out. Wishful thinking to expect them to discuss any of that detail today. In fact it would have been pretty silly of them to do it.