Listen to the podcast, the club is going to be around for a long time
Yeah basically Richard Parkin (who seems to know workings of NLWG far better than most), predicts Nix will survive and be given the longevity we all crave.
It will unfortunately still be a continous emotional roller coaster (good news/bad news/good news) for the next few months, but mid-longer term it looks promising.
Basically the clubs will have balance of voting power over the state Feds, but will take a few months at least (maybe longer) before things are more certain. June 30th I think is the next important date.
If time poor, just listen to podcast from about 40 minute mark. Worth it.
The governance model needs to be approved by a FFA congress without the A-League clubs (28 votes) or the PFA (7 votes) present, leaving the power in the hand of the state federations (55 votes) and the Women's Football Council (10 votes). It appears a 75% majority is needed to approve the governance model, meaning as few as three state federations acting in concert can prevent it from passing.
From page 28 of the Congress Review Working Group
1. The CRWG considers that, subsequent to endorsement by the FFA Board, there is likely to be a constitutional requirement for the final governance model and associated financial and licensing arrangements to be approved by the FFA Congress by Special Resolution.
2. The CRWG recommends that the Special Resolution be drafted and agreed by the FFA Board and the APFCA in consultation with the other NLWG members.
3. The APFCA and PFA CRWG Members have agreed in principle that the meeting of Congress that would consider that Special Resolution would not be attended by APFCA FFA Members nor by PFA FFA Members and that a quorum would be achieved through the attendance of Member Federation FFA Members as well as the Women’s Council FFA members.
4. The required 75% prescribed majority would need to be achieved by the quorum of Congress in order for the Special Resolution to be passed.