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Phoenix Ownership - Rob says FTFFA (Part 2)

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Posted May 12, 2018 20:23 · last edited March 18, 2021 07:34

coochiee wrote:

Funny to me it doesn’t sound like a merger, if proposal is only 3 games a year max in Sydney, and any contract has that locked in. Plus one partner is an existing A League team, the other just a consortium with money I presume. More like an equity stake, or share buy in (admittedly big one if at 50%).

However for a headline I guess the word merger is more sexy. Language can be everything.

Yeah but ALeague teams don’t make money,so why would anyone “invest” when the only thing of value,or perceived value,is the licence? 

The distinction between “we’re not selling the licence” but “we are talking to potential partners who want to play in the A league” does not make sense to me and I think welnix have completely misled the fan base.

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Unknown editor edited March 18, 2021 07:34
coochiee wrote:

Funny to me it doesn’t sound like a merger, if proposal is only 3 games a year max in Sydney, and any contract has that locked in. Plus one partner is an existing A League team, the other just a consortium with money I presume. More like an equity stake, or share buy in (admittedly big one if at 50%).

However for a headline I guess the word merger is more sexy. Language can be everything.

Yeah but ALeague teams don’t make money,so why would anyone “invest” when the only thing of value,or perceived value,is the licence? 

The distinction between “we’re not selling the licence” but “we are talking to potential partners who want to play in the A league” does not make sense to me and I think welnix have completely misled the fan base.