New Owners?

[priorpeter]

Coward

 

[Ironbark]

Never a dull moment

 

[turbo]

It sounds like the council will be suspended over its debt issues which will impact the chance of making long term arrangements for the club any time soon.

 

[pjennings]

It sounds like the council will be suspended over its debt issues which will impact the chance of making long term arrangements for the club any time soon.

Maybe - but now that the State government were involved in the crisis meeting with Shaun and they are appointing the administrator it may make things easier. Probably just wishful thinking though

 

[style_cafe]

Maybe - but now that the State government were involved in the crisis meeting with Shaun and they are appointing the administrator it may make things easier. Probably just wishful thinking though

Wouldn`t it be reasonable to think the Council/administrator would be keen to off-load as many liabilities as possible to reign in the debt?
Even if they lease the stadium/managing rights to CCM at least they can save money that way.
CCM could then outsource catering/ beverage rights /security etc.

 

[crock]

well it sounded like someone making stuff up the fact he deleted it says it all

 

[FFC Mariner]

Wouldn`t it be reasonable to think the Council/administrator would be keen to off-load as many liabilities as possible to reign in the debt?
Even if they lease the stadium/managing rights to CCM at least they can save money that way.
CCM could then outsource catering/ beverage rights /security etc.

Or an administrator not making decisions until he hands the council back.
Wasn't that the case last time there was one just after the merger?

 

[priorpeter]

Never a dull moment

Standard Wednesday really

 

[midfielder]

Any news on whether the buyer is still there ...

 

[Tevor]

Any news on whether the buyer is still there ...

Feels a lot like that ship has sailed and there are no more at the dock so we are stuck with the MC dinghy and the slow leak hasn’t been fixed.

 

[Wombat]

Feels a lot like that ship has sailed and there are no more at the dock so we are stuck with the MC dinghy and the slow leak hasn’t been fixed.

How can we go to 5 or 6 credible bids to this.

 

[marinermick]

How can we go to 5 or 6 credible bids to this.

spin

 

[Ironbark]

These things take a while so hoping it's just being tight lipped

 

[Ancient Mariner]

Who is going to buy an A-League club in the present circumstances?
You could not give it away.
Any potential buyer would wait until there was at least an indication of a faint glimmer, that may be the light at the end of the tunnel for football in Australia.
Charlesworth threatened to give it back, but the FFA said "No way, not unless you pay us to take it."

 

[Wombat]

Who is going to buy an A-League club in the present circumstances?
You could not give it away.
Any potential buyer would wait until there was at least an indication of a faint glimmer, that may be the light at the end of the tunnel for football in Australia.
Charlesworth threatened to give it back, but the FFA said "No way, not unless you pay us to take it."

$8m is chicken feed.

The person that tipped me about Olly seamed to think it was a done deal......sigh.

 

[Ironbark]

Would love any kind of news or insights available though...

 

[BrisRecky]

New owners !...BAH HUMBUG

 

[soccer mad]

Newcastle has new owners

 

[Tevor]

Newcastle has new owners

That’s a big scoop as there is nothing in the news.

 

[Ancient Mariner]

Very similar to what we heard was happening to us ages ago. Deal happening, just waiting for due diligence.
I am not holding my breath.