Terry's neverending money issues

299 replies · 10,618 views

over 15 years ago · edited over 13 years ago

Yeah, the marketing and publicity thing were something I realised, although having one branch of your operation losing sh*tloads of money every year just to get warm fuzzies and some good publicity (I know that's a very simplistic way of looking at it) seems a tad excessive to me, unless there are considerable tangible benefits to the rest of the organisation which outweigh the losses. I just wondered if there were any other benefits.

NOT that I'm knocking Terry for doing so, you understand. Carry on, Mr Serepisos. You are doing a fine job and long may it continue.

Apparently I'm apathetic, but I couldn't care less.

"Being a Partick Thistle fan sets you apart. It means youre a free thinker. It also means your team has no money." Tim Luckhurst, The Independent, 4th December 2003

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over 15 years ago · edited over 13 years ago

Not so much in NZ, but certainly overseas it's a bit of a status symbol as well. i.e. you've got enough money to splash around on something like a sports team. Kind of like vanity plates for millionaires... proves you're in the big leagues.

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over 15 years ago · edited over 13 years ago

Smithy wrote:

scribbler wrote:

Smithy wrote:

zonknz wrote:

Morgan is not interested in being involved with the phoenix while Terry is part of the picture. End of.

Fair enough. I just hope he's not one of the muppets sitting in the background going "I could fund that" or "I could run that better than Terry" or "when it falls over I could save it".

Because those people are DICKS.

No, they're not muppets. They're savvy business people who will buy something like the Phoenix when the club's for sale. Unencumbered.

Why buy half the club and leave the current - financially troubled - owner in control?

Note: I admire Terry for what's he's done up till now. There wouldn't be a Nix without him. But I suspect it's time for a change at the top.

That is one view.

The alterate view is that actually they don't have the stones for it, or the money, or the savvy. So they sit in the background lobbing hand grenades in Terry's general direction and pretending that they could do it so much better.

Reality is, Terry's put his neck, testicles and businesses on the line essentially for our enjoyment. And he's done a fantastic job.

If you didn't read the DoomPost, you would look at the Phoenix as a model franchise. It is vastly better run than most of the others in the league.

People should have some rezpekt.

And we should stop tarring all potential money-men with one brush. Is everyone lobbing hand grenades? Or only a few people?

This rugby-soaked country has only just woken up to the marketing potential of football club ownership - if done correctly.

Terry's done a great job - credit where it's due - and it's been good for him, but I don't think his pockets are particularly deep, and he will probably be moved out of the club through market forces - i.e. his inablitiy to come up with the big lumps of cash needed to keep the club going.

(corrected typo)

scribbler2010-12-14 15:49:27

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over 15 years ago · edited over 13 years ago

Let Terry keep running the NIX and any one who wants to get into the market set a team up in Auckland.

We need a true derby. Come to think of it, set one up in Christchurch aswell. Christchurch has shown it can pull the numbers in and Auckland has massive potential if done right.

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over 15 years ago · edited over 13 years ago

TouchMe wrote:

Let Terry keep running the NIX and any one who wants to get into the market set a team up in Auckland.

We need a true derby. Come to think of it, set one up in Christchurch aswell. Christchurch has shown it can pull the numbers in and Auckland has massive potential if done right.

I agree about Auckland. Massive potential with our population base. And our more agreeable climate could be attractive to overseas players.

Just because the Kingz and NZ Knights failed, doesn't mean it can't be done properly this time.

"Build a winning football team and they will come." Something like that.

But would FFA be open to a second NZ team? Has anyone put that question to them?

scribbler2010-12-14 16:41:25

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over 15 years ago · edited over 13 years ago

Smithy wrote:

Jag wrote:

I'm not a businessman, so this is a genuine question. From a purely business point of view, what advantages are there in owning a business which loses around a million dollars a year and is very unlikely to ever turn a profit?

Marketing in various forms - from the publicity it generates, to the client entertainment opportunities, to the networking possibilities.

Terry wouldn't have got his gig on the apprentice without it for example.

Allegedly

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over 15 years ago · edited over 13 years ago

scribbler wrote:

Smithy wrote:

scribbler wrote:

Smithy wrote:

zonknz wrote:

Morgan is not interested in being involved with the phoenix while Terry is part of the picture. End of.

Fair enough. I just hope he's not one of the muppets sitting in the background going "I could fund that" or "I could run that better than Terry" or "when it falls over I could save it".

Because those people are DICKS.

No, they're not muppets. They're savvy business people who will buy something like the Phoenix when the club's for sale. Unencumbered.

Why buy half the club and leave the current - financially troubled - owner in control?

Note: I admire Terry for what's he's done up till now. There wouldn't be a Nix without him. But I suspect it's time for a change at the top.

That is one view.

Reality is, Terry's put his neck, testicles and businesses on the line essentially for our enjoyment. And he's done a fantastic job.

If you didn't read the DoomPost, you would look at the Phoenix as a model franchise. It is vastly better run than most of the others in the league.

People should have some rezpekt.

And we should stop tarring all potential money-men with one brush. Is everyone lobbing hand grenades? Or only a few people?

This rugby-soaked country has only just woken up to the marketing potential of football club ownership - if done correctly.

(corrected typo)

To be fair,thats not actually what he did.

He said Morgan being interested is fair enough as long as he isnt one of those 'muppets'.

Talking about a sub-group of money men,rather than painting them all with one brush.

Allegedly

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over 15 years ago · edited over 13 years ago

scribbler wrote:

I agree about Auckland. Massive potential with our population base. And our more agreeable climate could be attractive to overseas players.

Just because the Kingz and NZ Knights failed, doesn't mean it can't be done properly this time.

"Build a winning football team and they will come." Something like that.

But would FFA be open to a second NZ team? Has anyone put that question to them?

They're open to any financially viable bid (and some that aren't - Sydney Rovers, Fury).

However, as no one has put their hand up to say they want to biff away millions of dollars a year anywhere other than here it's not going to happen.

How's my driving? - Whine here

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over 15 years ago · edited over 13 years ago

Invest in Auckland - spare me. Wn's provin what's possible here. Full houses for a club game or 2 last season. Plus the well documented AW's. Most of us thought that was never possible to see football crowds like that in NZ. ChCh would be the 2nd franchise town.

As for Terry S. Did anyone else stick their hands up to give it a go. Especially knowing that Oz Football cream off your entire home gate if you happen to make the finals. Happened last year to us. Has that changed this year ? Bizzare. That's why the Nix and some other clubs are struggling to meet payments. I mean, honestly, would anyone here make a biz investment where the reward to get a home playoff is to handover all the bucks to the 'governing body". No way.

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over 15 years ago · edited over 13 years ago

tbh until the FFA sorts it sh*t out and seperates itself from the running of the A league nothing will be financially viable. raynes2010-12-14 21:21:34

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over 15 years ago · edited over 13 years ago

Hard News wrote:

scribbler wrote:

I agree about Auckland. Massive potential with our population base. And our more agreeable climate could be attractive to overseas players.

Just because the Kingz and NZ Knights failed, doesn't mean it can't be done properly this time.

"Build a winning football team and they will come." Something like that.

But would FFA be open to a second NZ team? Has anyone put that question to them?

They're open to any financially viable bid (and some that aren't - Sydney Rovers, Fury).

However, as no one has put their hand up to say they want to biff away millions of dollars a year anywhere other than here it's not going to happen.

I didn't know they were open to offers. I really thought the door would be closed to more Kiwi teams.

Which means that ï¿½ money and belief permitting ï¿½ we could have teams from Auckland, Wellington and Christchurch.

Making the A-League Australian in name, but really Australasian.

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over 15 years ago · edited over 13 years ago

Oh no... not this sh*t again...

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over 15 years ago · edited over 13 years ago

We'll have Diego's Son pop in in a minute and regale us with his well thought out views.

How's my driving? - Whine here

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over 15 years ago · edited over 13 years ago

http://www.youtube.com/watch?v=dTAAsCNK7RA

Allegedly

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over 15 years ago · edited over 13 years ago

Hard News wrote:

We'll have Diego's Son pop in in a minute and regale us with his well thought out views.

I think enough has been said.

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over 15 years ago · edited over 13 years ago

Smithy wrote:

zonknz wrote:

Morgan is not interested in being involved with the phoenix while Terry is part of the picture. End of.

Fair enough. I just hope he's not one of the muppets sitting in the background going "I could fund that" or "I could run that better than Terry" or "when it falls over I could save it".

Because those people are DICKS.

Or sitting in the background and stirring the pot and forcing a fire sale..... I am of the belief that [no matter what you think of TS and his way of running the club] TS should be rewarded for taking the punt when no one else was prepared to and to continue to pump money into the club when no one else would. The club is his and we should support him keeping ownership of the Nix right up until it appears he can not any longer. Let it be his choice, not someone else like IRD, ACC, the courts etc.

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