you are all assuming WGA even has the money to loan Terry
Phoenix Ownership - Rob says FTFFA (Part 1)
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The other issue is that "Terry has been so damaged by this that he can't credibly run a football club any more". WTF?
Well, can't run a football club that wants to be viable on revenues other than match day & TV rights. Becuase few business are going to want to associate themselves with Terry.
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few business are going to want to associate themselves with Terry.
Explain why not.
Good point, many businesses still want to be associated with BNZ and Air New Zealand. (just to name a couple of Kiwi businesses that got themselves into deep financial and business sh*t, so much so the Govt needed to bail them out)
Yellow Whever Whanganui
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Which of these business revolved around a single figurehead who promoted himself on national tv as a business god,but then got swindled by an advance fee fraudster
there's no proof to say this has happened.
ive got a song that wont take long, Adelaide are rubbish.. the second verse is same as the first.. ADELAIDE ARE RUBBISH
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Terry, you need to read this one today.
https://www.guardian.co.uk/football/blog/2011/apr/27/racing-santander-la-liga
https://www.guardian.co.uk/football/blog/2011/apr/27/racing-santander-la-liga
That's Manny Muscat on the left!
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Which of these business revolved around a single figurehead who promoted himself on national tv as a business god, but then got swindled by an advance fee fraudster?
Wait, I thought the narrative was "no-one wants to be associated with Terry because he doesn't pay his bills on time and got in trouble with the IRD".
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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there's no proof to say this has happened.
There is plenty of proof to suggest this has happened, the proof to the contrary will be $100m in terry's accounts which will solve all his problems.
Thing is, he's been waiting 2-3 months at this stage, with no sign of the money.
This appears to be common behaviour by WGA/Ali Syed- promises, delays, excuses, but never payment.
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Wait, I thought the narrative was "no-one wants to be associated with Terry because he doesn't pay his bills on time and got in trouble with the IRD".
That has never been my narrative, Doloras.
... er, but it was the Dave Burgess / Matt Nippert media narrative, which is what we're discussing, right? The idea that "bad press for Terry = corporate NZ runs away from the Nix"?
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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I'm neither so i can't pretend to speak for them.
The issue in my mind is a football club lurching from problem to problem, with a owner under financial pressure who appears to be hanging everything on a very questionable funding source indeed.
That is a tough sell to most businesses I would say.
The issue in my mind is a football club lurching from problem to problem, with a owner under financial pressure who appears to be hanging everything on a very questionable funding source indeed.
That is a tough sell to most businesses I would say.
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there's no proof to say this has happened.
Take a look at this post on the guardian blog comments section, with a bit more about how exactly Syed has not paid for most things.
zonknz2011-04-28 11:05:40
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there's no proof to say this has happened.
Take a look at this post on the guardian blog comments section, with a bit more about how exactly Syed has not paid for most things.
no proof it has happened to Terry yet.
ive got a song that wont take long, Adelaide are rubbish.. the second verse is same as the first.. ADELAIDE ARE RUBBISH
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I love it how everyone tries to own zonknz because he's a lawyer, but they don't really.
(AJ13 - please note use of apostrophes)
"Phoenix till they lose"
Posting 97% bollox, 8% lies and 3.658% genuine opinion.
Genuine opinion: FTFFA
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Jeez you are pessimistic Zonknz.
Part of the problem seems to be that you have tied Terry's ability to keep running the Phoenix 100% to the WGA loan deal.
If anything ever comes from that then great, but if it doesn't that doesn't mean that Terry and the Phoenix are dead and buried. Terry is a fighter and as of right now he is still standing.
It is tough economic times for everybody but one thing that is absloutely not in doubt is Terry's passion for the Phoenix. That counts for a lot. In fact, there's a nice little quote in that Guardian blog that you are conveniently ignoring:
Racing don't need a sugar daddy, but they do need a daddy: like everyone, they want an owner who is serious and rich, like everyone else, but in that order � a serious attitude matters more than serious cash.
Right now I would rather have an owner who is 110% committed to the Phoenix and who has a huge amount of skin in the game already, than sit here wishin' and a hopin' that some other white knight is parked up around the corner.
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^^ This!
I'd rather hang on to Terry who we know is passionate about the Phoenix and willing to 'invest' the $$ into the team. We don't know how long that money will last or even if it exists but we do know that Terry wants the Nix to succeed.
This is more than what we know about any other potential owners, if such knights exist.Herbertimo2011-04-28 14:00:19
I'd rather hang on to Terry who we know is passionate about the Phoenix and willing to 'invest' the $$ into the team. We don't know how long that money will last or even if it exists but we do know that Terry wants the Nix to succeed.
This is more than what we know about any other potential owners, if such knights exist.Herbertimo2011-04-28 14:00:19
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Imagine if everyone's favourite White Knight, Sam Morgan, did buy the Nix, then had a falling out with Ricki, hired Ernie Merrick as coach, didn't release enough funds for good players (returning to Kingz/Knights methods of recruitment) and then lost interest 18 months down the track and then sold us to Ahsan Ali Syed.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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Imagine if everyone's favourite White Knight, Sam Morgan, did buy the Nix, then had a falling out with Ricki, hired Ernie Merrick as coach, didn't release enough funds for good players (returning to Kingz/Knights methods of recruitment) and then lost interest 18 months down the track and then sold us to Ahsan Ali Syed.
If Sam inherited any of his fathers genes I would take WGA thank youAucklandPhoenix2011-04-28 19:40:41
Auckland will rise once more
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Imagine if everyone's favourite White Knight, Sam Morgan, did buy the Nix, then had a falling out with Ricki, hired Ernie Merrick as coach, didn't release enough funds for good players (returning to Kingz/Knights methods of recruitment) and then lost interest 18 months down the track and then sold us to Ahsan Ali Syed.
I see what you did there.
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there's no proof to say this has happened.
Take a look at this post on the guardian blog comments section, with a bit more about how exactly Syed has not paid for most things. no proof it has happened to Terry yet.
It is very difficult to prove a negative
Normo's coming home
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Jeez you are pessimistic Zonknz.
Right now I would rather have an owner who is 110% committed to the Phoenix and who has a huge amount of skin in the game already, than sit here wishin' and a hopin' that some other white knight is parked up around the corner.
My view is I'd rather take my chance on the white knight now, rather than in 6-12 months time, still lurching, when the club might be in a worse position, with bad attendance, and struggling in the league.
apologies if pessimistic, but not backing away from my view.
*edit* this view is governed by the toerag 3-4k people who only turn up when we're doing well - curse 'em and their effect on revenue.
zonknz2011-04-28 21:15:25
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Jeez you are pessimistic Zonknz.
Part of the problem seems to be that you have tied Terry's ability to keep running the Phoenix 100% to the WGA loan deal.[/QUOTE]
The problem is if there were any other options out there then I doubt very much that Terry would be going to WGA. Obviously he did manage to get $4m from somewhere which is very impressive but NZ lenders aren't touching him right now and I know for a fact that ASB who have been his bankers are nowhere in this. You are talking about restructuring a highly leveraged property portfolio with tax liabilities, litigation and numerous other issues in avery challenging market. It is a very difficult proposition. It is no surprise that he hasn't been able to work out a restructuring plan
[QUOTE=terminator_x]If anything ever comes from that then great, but if it doesn't that doesn't mean that Terry and the Phoenix are dead and buried. Terry is a fighter and as of right now he is still standing.
It is tough economic times for everybody but one thing that is absloutely not in doubt is Terry's passion for the Phoenix.
Right now I would rather have an owner who is 110% committed to the Phoenix and who has a huge amount of skin in the game already, than sit here wishin' and a hopin' that some other white knight is parked up around the corner.
We do need someone with cash because the club doesn't pay for itself - and the CEO has admitted that is the case. Passion and commitment are great - I am a huge fanof Terry and want him to continue if possible. But I agree with other's sentiments, if it is inevitable that he has to get rid of the club then now is as good a time as any to do it.
Normo's coming home
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Can I also pose another question - knowing now what we do about Ali's time at Racing shouldn't we as fans be petitioning Terry and whoever else we can including the media saying that we don't want this guy anywhere near our club?
Everything he touches seems to turn to sh*t, why are we prepared to accept his involvement?
Normo's coming home
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Can I also pose another question - knowing now what we do about Ali's time at Racing shouldn't we as fans be petitioning Terry and whoever else we can including the media saying that we don't want this guy anywhere near our club?
Everything he touches seems to turn to sh*t, why are we prepared to accept his involvement?
Agree! (Even if it does make Nippert salivate.)
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Looks like it's all starting to go down at Racing
zonknz2011-04-29 08:42:51
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My view is I'd rather take my chance on the white knight now, rather than in 6-12 months time, still lurching, when the club might be in a worse position, with bad attendance, and struggling in the league.
That is the part which really puzzles me because it seems to have nothing to do with Terry or WGA, so where does it come from?
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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Can I also pose another question - knowing now what we do about Ali's time at Racing shouldn't we as fans be petitioning Terry and whoever else we can including the media saying that we don't want this guy anywhere near our club?
Everything he touches seems to turn to sh*t, why are we prepared to accept his involvement?
Hold on. Let's be clear that Racing's problems have nothing to do with Ahsan Ali Syed. In fact, he has paid off some of their debts. The specific issue seems to be that he has not followed through yet on some other commitments he has made. Maybe he will, maybe he won't but regardless, they are actually better off for his involvement (unless you are determined to run another disingenuous argument about how if only he hadn't got involved then some other much cooler white knight would have jumped in and saved them by now).
I agree that I wouldn't want this guy actually owning the Phoenix (he does seem like a douchebag) but Terry has never said that will be the case. If Terry can "con" some money out of this guy by way of sponsorship or investment then great. As long as we see the money that would seem like some sort of karma.
At the end of the day I still don't really believe that anything will come of the WGA thing and it will turn out to have been nothing more than an amusing sideshow. In the meantime Terry will somehow manage to keep his head just above water (at least as far as the Phoenix is concerned) and we will carry on. Just don't be expecting any big-money marquee signings for next season.
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That is the part which really puzzles me because it seems to have nothing to do with Terry or WGA, so where does it come from?
I am very concerned about our ability to recruit well under Terry, where we are constrained by Financial difficulties.
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At the end of the day I still don't really believe that anything will come of the WGA thing and it will turn out to have been nothing more than an amusing sideshow.�In the meantime�Terry will somehow manage to keep his head just above water (at least as far as the Phoenix is concerned) and we will carry on. Just don't be expecting any big-money marquee signings for next season.
�
Pretty much agree entirely with this.
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I am very concerned about our ability to recruit well under Terry, where we are constrained by Financial difficulties.
As opposed to all the other A-League clubs, which have no issues with money at all?
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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