if China came and said I'm buying half of NZ, but we will take half of you away and in 2 years time, we will have all of you, would you be so happy?
Time to wake up and see what's happening here
AP what's happening here is Welnix is trying to ensure the financial viability of the Nix, so they remain in NZ.
If they take 3 games a season to Australia, and sell 50% of the club (for whatever it's worth), but still retain control - that's a good deal.
Even if an Independent A League gets to run the A League, they will want to make sure all the clubs, are financially viable re licence extensions etc. They won't want any clubs to fail, that includes the Nix, who currently bleed cash each month - and at least one of owners (Morgan) is sick of that, and really wants out.
Perhaps you can buy out Gareth, and put in a few hundred thousand of your own hard earned each year, to keep the club afloat. Will give you a seat at board meetings etc, so you will know what is really going on.
If it all goes tits over arse in 2 years - ie. FFA still running the league, no licence extension for Nix, licence can't be sold as has no value, Gallop with a smirk announces Nix are kicked out of the league - what will happen then? Owners lose a couple million dollars.
YF going to do a whip around/sausage sizzle and buy them a farewell card, plus a few shoulder hugs??
Owners may as well get some cash back on their investment now (whilst still retaining the team), if sadly above expulsion plays out in 2 years.