Daniel will be deleting him as a Facebook friend now. Phoenix Ownership - Rob says FTFFA (Part 1)
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Yeah, is Michael Brown going to explain how Terry is still paying wages? Also, it's a sad day when journalists' idea of doing their jobs is breathlessly repeating stuff they saw on teh Intarwebz.
Doloras2011-07-03 09:16:56
Doloras2011-07-03 09:16:56
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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I read and I fear more, more, more. Daniel is like minded, el hombre similares. Daniel man of minor error to Facebook place message to player from North. Internet access more open, too many people of little importance read message from people of importance, and place stupid, insulting meaning on this.
I fear for Phoenix.
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I read and I fear more, more, more. Daniel is like minded, <span id="result_" ="short_text" lang="es"><span title="Click for alternate translations" ="hps">el hombre</span> <span title="Click for alternate translations" ="hps">similares. Daniel man of minor error to Facebook place message to player from North. Internet access more open, too many people of little importance read message from people of importance, and place stupid, insulting meaning on this.I fear for Phoenix.</span></span>
What?
Yellow Whever Whanganui
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One thing that bugs me about the Wikifrauds site. Why does that guy have it in for Terry? Everyone else who's had dealings with WGA is characterised as a victim, but apparently Terry brought all this trouble on himself for being a "smart-arse". Perhaps Wikifrauds have been talking to people like Nipples and Burgess too much, and have accepted the idea that some people deserve to be ripped off by Indian con-artists.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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One thing that bugs me about the Wikifrauds site. Why does that guy have it in for Terry? Everyone else who's had dealings with WGA is characterised as a victim, but apparently Terry brought all this trouble on himself for being a "smart-arse". Perhaps Wikifrauds have been talking to people like Nipples and Burgess too much, and have accepted the idea that some people deserve to be ripped off by Indian con-artists.
Probably because terry keeps telling everyone that everything is fins, the loan is coming, Ali is all good which is the exact opposite of the message that guy is trying to get across
Also, wouldn't it be fair to say that when it is obvious to the whole world that this is all rubbish, and terry continues to argue that WGA loan will still arrive, that he does almost deserve what comes to him?
james dean2011-07-04 23:04:18Normo's coming home
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Also, wouldn't it be fair to say that when it is obvious to the whole world that this is all rubbish, and terry continues to argue that WGA loan will still arrive, that he does almost deserve what comes to him?
... no, no it doesn't. Not in a million years. Why on earth would you say that?
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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Also, wouldn't it be fair to say that when it is obvious to the whole world that this is all rubbish, and terry continues to argue that WGA loan will still arrive, that he does almost�deserve what comes to him?
Ok, saying he deserves it may be too harsh, but if he really still believes that the money is coming and says so publicly (1) he is being at best wilfully naive and (2) potentially enabling Ali to continue his fraud.
Both are fairly indefensible
Normo's coming home
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One thing that bugs me about the Wikifrauds site. Why does that guy have it in for Terry? Everyone else who's had dealings with WGA is characterised as a victim, but apparently Terry brought all this trouble on himself for being a "smart-arse". Perhaps Wikifrauds have been talking to people like Nipples and Burgess too much, and have accepted the idea that some people deserve to be ripped off by Indian con-artists.
Probably because terry keeps telling everyone that everything is fins, the loan is coming, Ali is all good which is the exact opposite of the message that guy is trying to get across
When you say "keeps telling everyone" do you really mean "has said once or twice"?
And is it not important context that Terry was trying to keep a variety of financial and non-financial stakeholders on an even keel at that stage.
I bet if I trawled back through the public statements of the various other Ali victims I could find a time where they were also saying that it would all work out okay.
Smithy2011-07-05 09:14:34Incredible stamina. No shame. Yellow Fever.
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I'm not behind wikifrauds so I don't know why he would "hate terry". But that is the answer that makes the most sense to me...he is still arguing that Ali could still come through with the money. Timing is clearly the issue here, still claiming he could come through with the money when the cases are going on in oz is different to making the same claims when no fraud had been alleged or exposed
Normo's coming home
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So what exactly do you guys get out of the negativity, whinging and doom-mongering? I'm serious. You actually enjoy yourselves? Because for me, football fandom is not Serious Business. I come here for fun. [/quote]
I think if we put out a press release like that it would make us look more than a little bit big for our own boots. Don't get me wrong, too big for my boots is usually exactly how I roll, but in this case even I'd be cringing.
well I think we need to take this VERY seriously. And I hope that by raising some of these issues someone, somewhere who is in a position to actually help the club survive make take notice and start doing something...it worries me that everyone thinks that it is all fine. Clearly it is not! I think that we as supporters who know the club best and know the issues are in the best position to try and solve things - pretending there isn't an issue is the worst kind of support in my book. [/quote]
[quote=Smuthy]
Bit harsh.
The truth is we can't effect any change. We just have to ride the wave and cross our fingers. Unless someone on this forum is, or has close ties to, someone with loads of cash.
So I see Doloras's point. We might as well keep our chins up, because running round screaming about the sky falling isn't going to make one jot of difference.
Either Terry is going to float or sink, and if he sinks either someone is going to save us or they aren't. Just like in England, fans are just along for the ride, so we might as well enjoy ourselves.
[quote=JD]
Well you won't be surprised to know that I disagree with that.
I think it's fatalistic to say that we can't do anything. E.g. if we as fans came out and announced in the media saying thanks Terry but we don't have faith in you anymore what would that say to him, and anyone who might be interested but is sitting on the sidelines deciding whether to get involved with a bid? And if there isn't anyone then it lets Terry know that our patience isn't infinite (I can't be the only one sick to death of the current instability and inaction?).
Fact is that we don't have any kind of stick to wield. We aren't going to boycott the team if Terry stays, there is absolutely no appetite for that. I think people are actually pretty fond of Terry, and want to see him survive.
So while you're probably right that the fans' patience isn't infinite, it's got a while left to run I reckon, the platform that we're standing on isn't really on fire yet.
I'd say generally we are nervous, but not angry.
Incredible stamina. No shame. Yellow Fever.
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I'm not behind wikifrauds so I don't know why he would "hate terry". But that is the answer that makes the most sense to me...he is still arguing that Ali could still come through with the money. Timing is clearly the issue here, still claiming he could come through with the money when the cases are going on in oz is different to making the same claims when no fraud had been alleged or exposed
The only point I was making is that he hasn't made those sorts of claims for months now.
His last public statement about Ali was that he was still hopeful, but that was (I'm guessing here) a couple of months back.
Incredible stamina. No shame. Yellow Fever.
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So while you're probably right that the fans' patience isn't infinite, it's got a while left to run I reckon, the platform that we're standing on isn't really on fire yet.
I'd say generally we are nervous, but not angry.
Time is starting to run thin though isn't it. When do they send out membership applications? That's going to be a big worry, cause people (myself included) will be nervous about renewing at the moment with only 14 on the books and potential targets saying "thanks but no thanks".
So, agreed that there's time left to run on this thing, but also very much agree that it isn't infinite.
P.S. I'll probably end up buying them anyway, but I'll be nervous.
So, agreed that there's time left to run on this thing, but also very much agree that it isn't infinite.
P.S. I'll probably end up buying them anyway, but I'll be nervous.
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I confess myself very surprised that some people seriously believe that if we complain loud enough on this forum that Terry will get the hint that he's not wanted and sell out to this imaginary Santa Claus figure that some people are convinced exists. (Although I think perhaps that's precisely what the Dave Burgesses and Matt Nipperts of this world have been hoping for from day 1.)
Even if that was true, that totally ignores the point which Cockerill raised in the SMH - that the FFA like and trust Terry because he puts his money (or at least his dodgy line of credit) where his mouth is and doesn't jerk them around like, say, Clive Palmer does. Any prospective new owner would not have that kind of goodwill, and a prospective change of hands might well make the FFA decide that the NZ TV rights don't really bring in that amount of money anyway.
But the main reason I had my little rant was because all this negative talk is self-reinforcing. So many of you seem to have convinced yourself that the Nix are DOOMED, that we will not finish or even perhaps start this A-League season, and you cherry-pick the evidence to confirm that. (Hingert turned us down, yes, but Pantelis and Downey signed up.) If you're "nervous" then please tell me exactly what could happen to make you less nervous. Because I think the answer is "nothing". Your faith in Terry and Nix management is gone for good (thanks again, Dave and Matt) and nothing will get it back. Am I right?
Look, we might go bust, and we might not. I refuse to start getting depressed until we do go bust because I don't like being depressed. This is not "denying reality", because I really think that you are deluded if you think whining on a fan forum can change that reality. I am looking at the glass half-full, or even quarter-full (isn't that what we are told is best for our mental health?) and saving my "getting depressed" for until after the licence gets yanked.
Doloras2011-07-05 12:49:07
Even if that was true, that totally ignores the point which Cockerill raised in the SMH - that the FFA like and trust Terry because he puts his money (or at least his dodgy line of credit) where his mouth is and doesn't jerk them around like, say, Clive Palmer does. Any prospective new owner would not have that kind of goodwill, and a prospective change of hands might well make the FFA decide that the NZ TV rights don't really bring in that amount of money anyway.
But the main reason I had my little rant was because all this negative talk is self-reinforcing. So many of you seem to have convinced yourself that the Nix are DOOMED, that we will not finish or even perhaps start this A-League season, and you cherry-pick the evidence to confirm that. (Hingert turned us down, yes, but Pantelis and Downey signed up.) If you're "nervous" then please tell me exactly what could happen to make you less nervous. Because I think the answer is "nothing". Your faith in Terry and Nix management is gone for good (thanks again, Dave and Matt) and nothing will get it back. Am I right?
Look, we might go bust, and we might not. I refuse to start getting depressed until we do go bust because I don't like being depressed. This is not "denying reality", because I really think that you are deluded if you think whining on a fan forum can change that reality. I am looking at the glass half-full, or even quarter-full (isn't that what we are told is best for our mental health?) and saving my "getting depressed" for until after the licence gets yanked.
Doloras2011-07-05 12:49:07
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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I had a quick look at the member list for Yellow Fever and there are close to 7,500 members signed up to the YF Forums.
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
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As I have implied before: "If you wipe the Donkey to many times, the donkey will will stop drawing your cart"
We have not seen any newspaper articles detailing how and what Terry is selling off to complete his restructure.
Only that he needs too.
We have not seen any newspaper articles detailing how and what Terry is selling off to complete his restructure.
Only that he needs too.
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If you're "nervous" then please tell me exactly what could happen to make you less nervous. Because I think the answer is "nothing".
[/QUOTE]
Easy... sign some more (decent) players and sign a couple more coaches. Nothing different from any other year.
[QUOTE=Doloras]
Your faith in Terry and Nix management is gone for good (thanks again, Dave and Matt) and nothing will get it back. Am I right?
Not at all. If they produce the goods, I'm perfectly happy.
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I had a quick look at the member list for Yellow Fever and there are close to 7,500 members signed up to the YF Forums.
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Or they could all buy season memberships when they come out which will do the same thing. But they won't all buy them, only about 1,500 people will. The number of members on this forum doesn't reflect in any way the number of people truly willing to %100 support the Phoenix.Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Fuck this stupid game
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I had a quick look at the member list for Yellow Fever and there are close to 7,500 members signed up to the YF Forums.
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Or they could all buy season memberships when they come out which will do the same thing. But they won't all buy them, only about 1,500 people will. The number of members on this forum doesn't reflect in any way the number of people truly willing to %100 support the Phoenix.
As the founding (and only) member of the Yellow Fever Membership Numbers Truth and Reconciliation Commission I can assure you that there are way fewer active members than 7,500. If you take out anyone who has never actually posted and/or anyone who hasn't signed in for, say, the last 6 months I'm sure it would be more like 1,000.
Agree that the best thing people can do is snap up the season memberships when they go on sale though. Season tickets are worth around $1m to the Nix and it's all cash up front.
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Yea fair enough. Just thinking about people like myself outside of Welly, I can't see myself buying a season membership if I'd only get 2-3 games out of it but I'd gladly put up some cash to help outif it's needed.
But I suppose if it's only 1000 active supporters, and only around half would donate it wouldn't even make a dent
But I suppose if it's only 1000 active supporters, and only around half would donate it wouldn't even make a dent
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Yea fair enough. Just thinking about people like myself outside of Welly, I can't see myself buying a season membership if I'd only get 2-3 games out of it but I'd gladly put up some cash to help outif it's needed.
But I suppose if it's only 1000 active supporters, and only around half would donate it wouldn't even make a dent
But I suppose if it's only 1000 active supporters, and only around half would donate it wouldn't even make a dent
Don't forget that there will apparently be a "Nix Six" ticket this year (which sounds like a pass to six home games) plus the usual bench-warmer package (which is like becoming a member without going to any games). These are the best ways to make a financial commtiment to the Nix is you can't buy a full season ticket.
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Also, is it the "Benchwatmer" membership? where you get all the benefits of the season membership except for entry to the games? that's what people from out of town who want to support the Nix should be buying.
Fuck this stupid game
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Also, is it the "Benchwatmer" membership? where you get all the benefits of the season membership except for entry to the games? that's what people from out of town who want to support the Nix should be buying.
Fuck this stupid game
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cool, never knew there was a benchwarmer option.
Can't see any mention of it yet but hopefully closer to the season.
Season Packages
2011-12 Foundation Memberships
Gold
Adult $315.00 On Sale Soon
Student $180.00 On Sale Soon
Senior, Concession, Pensioner $180.00 On Sale Soon
Child $120.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Silver
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Family Zone
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Yellow Fever Zone
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
2011-12 Nix Six Summer Memberships
Gold
Adult $170.00 On Sale Soon
Student $100.00 On Sale Soon
Senior, Concession, Pensioner $100.00 On Sale Soon
Child $70.00 On Sale Soon
Silver
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
Family Zone
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
Yellow Fever Zone
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
Can't see any mention of it yet but hopefully closer to the season.
Season Packages
2011-12 Foundation Memberships
Gold
Adult $315.00 On Sale Soon
Student $180.00 On Sale Soon
Senior, Concession, Pensioner $180.00 On Sale Soon
Child $120.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Silver
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Family Zone
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
Yellow Fever Zone
Adult $250.00 On Sale Soon
Student $155.00 On Sale Soon
Senior, Concession, Pensioner $155.00 On Sale Soon
Child $100.00 On Sale Soon
Phoenix Lounge $400.00 On Sale Soon
2011-12 Nix Six Summer Memberships
Gold
Adult $170.00 On Sale Soon
Student $100.00 On Sale Soon
Senior, Concession, Pensioner $100.00 On Sale Soon
Child $70.00 On Sale Soon
Silver
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
Family Zone
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
Yellow Fever Zone
Adult $130.00 On Sale Soon
Student $80.00 On Sale Soon
Senior, Concession, Pensioner $80.00 On Sale Soon
Child $60.00 On Sale Soon
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Anyway, you know what would really cause me to lose faith and believe that we were doomed? If we lost Ricki. As long as he's there, I believe that the Nix have a future.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
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I had a quick look at the member list for Yellow Fever and there are close to 7,500 members signed up to the YF Forums.
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Food for thought, what if YF did a bit of fundraising to help out the Phoenix?
If half of the members are active and happy to put in $20ea it'll get close to $75k together - tip of the iceberg I'm sure, but it would do a bit to help with staff wages etc.
We could set it up as a goal on Uncle Percy, so it's easy to post to Facebook etc and get more support
https://www.unclepercy.co.nz/home/index.html
Whatcha reckon?
Or they could all buy season memberships when they come out which will do the same thing. But they won't all buy them, only about 1,500 people will. The number of members on this forum doesn't reflect in any way the number of people truly willing to %100 support the Phoenix.
As the founding (and only) member of the Yellow Fever Membership Numbers Truth and Reconciliation Commission I can assure you that there are way fewer active members than 7,500. If you take out anyone who has never actually posted and/or anyone who hasn't signed in for, say, the last 6 months I'm sure it would be more like 1,000.
Not quite the only member. I'm the mug that has to commercialise the site to keep it up and running.
I can tell you that yesterday the forums had 1,735 unique visitors.
That number is fairly consistent. While no doubt a number of them won't be posting, I think you can still call that the "active" membership of the forums. Give or take.
Incredible stamina. No shame. Yellow Fever.
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Not quite the only member. I'm the mug that has to commercialise the site to keep it up and running.
I can tell you that yesterday the forums had 1,735 unique visitors.
That number is fairly consistent. While no doubt a number of them won't be posting, I think you can still call that the "active" membership of the forums. Give or take.
Good info. The YFMNTRC appreciates the cooperation of the YF management team and applauds your transparency. Does the figure of 1,700 include any of those annoying search robots?
terminator_x2011-07-05 15:21:14
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+ 
TO THE YFMNTRC
That Nix Six sounds perfect for me. I'm sure I'll come down for at least that many next season. I'll be telling every Auckland Nix fan I know to do the same. I wonder if it will include admission to the Auckland game?
Incredible stamina. No shame. Yellow Fever.
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Back on topic...
well I think we need to take this VERY seriously. And I hope that by raising some of these issues someone, somewhere who is in a position to actually help the club survive make take notice and start doing something...it worries me that everyone thinks that it is all fine. Clearly it is not! I think that we as supporters who know the club best and know the issues are in the best position to try and solve things - pretending there isn't an issue is the worst kind of support in my book.
Sorry JD, I respect your right to have an opinion but you're talking crap here.
First of all, everyone does not think "that it is all fine". We all understand the problems but some of us simply don't equate that with needing to get rid of Terry. To state that those of us who prefer to remain calm and not get depressed about the situation are "pretending there isn't an issue" and guilty of "the worst kind of support" is a bit high and mighty. I am well aware that the emperor isn't wearing any clothes (he had to sell them), but that doesn't mean he's dead yet.
Second, there is no direct relationship between WGA, Terry's other business interests and the Nix. You've been flogging the WGA loan to death but the Nix is a stand-alone business with its own revenues and costs. The WGA situation is only relevant to the Nix if a) the Nix makes a loss and b) Terry can't come up with the shortfall. Of course Terry's financial situation is a concern but the viability of the Nix is not directly dependent on a loan (or sponsorship) from WGA. Personally I believe Terry is quite happy for the media (and others) to be distracted by the WGA story while he sets about the real work of restructuring his businesses.
Third, given that he does have some financial issues I think it is very sensible that Terry has held back on recruitment so far. There is still three months to go until the start of the season which is plenty of time to put a squad together especially when 14 core players are already signed. Again, it's not ideal but under the circumstances I don't think it's a huge problem either. Plus, when the club starts selling season tickets (rumoured to be next week) there will be an immediate cash injection of around $1m (well, over a couple of months anyway).
And finally, you're wrong; the supporters do not know the club best, Terry does. If the Phoenix was 100 years old and Terry was some fly-by-night foreign owner then I might agree with you. But this is Terry's club and he knows it inside out. Sure the fans are an important part of the picture (and certainly shouldn't be taken for granted) but the idea that the fans, or some other as-yet-to-be-identified mystery saviour, are better placed than Terry to "solve things" is wishful thinking.
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Sorry JD, I respect your right to have an opinion but you're talking crap here.
First of all, everyone does not think "that it is all fine". We all understand the problems but some of us simply don't equate that with needing to get rid of Terry. To state that those of us who prefer to remain calm and not get depressed about the situation are "pretending there isn't an issue" and guilty of "the worst kind of support" is a bit high and mighty. I am well aware that the emperor isn't wearing any clothes (he had to sell them), but that doesn't mean he's dead yet.[/QUOTE]
I don't believe the current situation is sustainable and I don't think without a cash injection, a restructure of Terry's business or a change in ownership we will get through the season (the CEO himself went on record saying Terry can't afford to run the club this way - nothing has changed since then). Getting rid of Terry isn't the only option but unless he can change the way his business is funded I don't see how his ownership is sustainable.
I ask you this, do you think that we have no players, no backroom staff and no off field staff by choice or because we can't afford to pay them?
Second, there is no direct relationship between WGA, Terry's other business interests and the Nix. You've been flogging the WGA loan to death but the Nix is a stand-alone business with its own revenues and costs. The WGA situation is only relevant to the Nix if a) the Nix makes a loss and b) Terry can't come up with the shortfall. Of course Terry's financial situation is a concern but the viability of the Nix is not directly dependent on a loan (or sponsorship) from WGA. Personally I believe Terry is quite happy for the media (and others) to be distracted by the WGA story while he sets about the real work of restructuring his businesses..[/QUOTE]
This is conmpletely incorrect. 1, WGA are supposedly coming through with a $10m sponsorship deal that will secure the future of the club. 2, WGA are supposedly refinancing Terry's business which currently funds the club - which runs at a loss.
You say that WGA are only relevant if the club makes a loss and Terry can't come up with the funding. Right now both are absolutely true!!
You could argue that although the nix need external funding we are not directly dependant on WGA because that funding could come from elsewhere. My understanding is that Terry has no options in the NZ or australian lending market and WGA are his only option.
If you talk to people in the property industry the general view is that Terry does not have a business to restructure...i.e. he is close to insolvency
[QUOTE=terminator_x]Third, given that he does have some financial issues I think it is very sensible that Terry has held back on recruitment so far. There is still three months to go until the start of the season which is plenty of time to put a squad together especially when 14 core players are already signed. Again, it's not ideal but under the circumstances I don't think it's a huge problem either. Plus, when the club starts selling season tickets (rumoured to be next week) there will be an immediate cash injection of around $1m (well, over a couple of months anyway).
That's true, there is still plenty of time to put a team together (clearly it is less than ideal).
But the point is that if Terry CAN'T afford to pay a full squad and backroom staff now, something has to change between now and the beginning of the season. i.e. the club is financially unsustainable
[QUOTE=terminator_x]And finally, you're wrong; the supporters do not know the club best, Terry does. If the Phoenix was 100 years old and Terry was some fly-by-night foreign owner then I might agree with you. But this is Terry's club and he knows it inside out. Sure the fans are an important part of the picture (and certainly shouldn't be taken for granted) but the idea that the fans, or some other as-yet-to-be-identified mystery saviour, are better placed than Terry to "solve things" is wishful thinking.
I have absolutely no doubt that Terry wants to save the club but I have lost almost all confidence that he can - I do not think that he has the resources to do so. Therefore, I am looking for other options to keep the club afloat. I believe the fans can and should be part of that process.
If you think Terry can and will continue to keep the club afloat than you are correct that none of this should concern you and you can quite rightly ignore anything I write in this thread.
Normo's coming home
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