Newcastle Jets

[pjennings]

Apparently a quote from the West Sydney Forum at Mounties tonight.

From Lyall Gorman

"Don't be confused between public voice and reality. We will save the Jets"

 

[adz]

Apparently a quote from the West Sydney Forum at Mounties tonight.

From Lyall Gorman

"Don't be confused between public voice and reality. We will save the Jets"

Reminds me of the bit in the original Superman movie, when Lois falls off a building and Superman flies up and catches her...

Superman: Easy, miss. I've got you.
Lois Lane: You - you've got me? Who's got you?


FFA will save the Jets?
Who's going to save the FFA?

 

[pjennings]

Reminds me of the bit in the original Superman movie, when Lois falls off a building and Superman flies up and catches her...

Superman: Easy, miss. I've got you.
Lois Lane: You - you've got me? Who's got you?


FFA will save the Jets?
Who's going to save the FFA?

Fair comment

 

[Nathan Byrn]

Reminds me of the bit in the original Superman movie, when Lois falls off a building and Superman flies up and catches her...

Superman: Easy, miss. I've got you.
Lois Lane: You - you've got me? Who's got you?


FFA will save the Jets?
Who's going to save the FFA?

Your best post ever.

 

[priorpeter]

Interesting post I saw on FFT just now - Not my doing:

Very interesting article in the Telegragh today, and no they didnt take the opportunity to put the slipper into the HAL. They can all too clearly see the trouble in their own NRL back yards with Tinkler and Searle at the top of the list. No the article says that the combined loss of the HAL clubs for this year is $25 million with the two biggest losses being $7 million for an unnamed club and $4 million for the Jets (mostly driven by $2 million for marquee contracts for Culina and Griffiths). Now my maths says $25 less $11 is $14 or an average operating loss of $1.75 million for the remaining eight clubs. My understanding is that the clubs are granted half the salary cap from the current TV deal with Fox (that is half of $2.35 million or say $1.2m). The point of all this is that after the new TV deal they are expecting to give clubs the full salary cap as their annual grant. That’s an additional $12 million per year into the clubs. In addition the article stated that the clubs will be given access to new sponsorship and commercial activities they currently don’t have.

OK what does all this mean.

1. If your average operating loss per club is $1.75 million and you are given an extra $1.2m and new sponsorship revenue opportunities your losses become relatively trivial, so we are very close to a sustainable league and the TV deal is crucial to it. It is clear that the existing club owners have bought into a short term "manageable losses" scenario for a medium term profitable league, with player transfer fees as an occasional fillip. By "manageable losses" I mean they budget to break even or lose up to roughly a millionish, but the crowds are always lower than they expect so it creeps up.
2. The salary cap is crucial to controlling club overspending on players. Marquees are an expensive indulgence (based on the Roar, Mariners and the Nix being in the top four without marquees). All a marquee does is make you feel good and increase your operating losses. A good coach is a better investment.
3. It appears the finger for leaking the document is being pointed at Newcastle (makes the most sense on the data in the article)
4. Beware people who say they are billionaires and then penny pinch like they aren’t (Palmer and Tinkler spring to mind). Talk is cheap. Tinklers actions this week smack of penny pinching. If you have the money he claims to have you just don’t do what he has done for basically spurious reasons. He lost out in an arms length commercial deal, that he personally negotiated. Like that never happened before! “I don’t like them or trust them, so I am taking my bat and ball and going home to mummy!”
5. The comments coming from the other club owners (Sage is quoted as the spokesman) are supportive of the steps the FFA has made re more transparency and greater say in the running of the HAL. The new club committee looks to be the body that will be making the major decisions on the running of the HAL.

Yes, there are challenge ahead. Yes ,there are opportunities for the FFA to make more mistakes. But despite some mistakes, the two biggest being the awarding of the licence to the Rovers (who didn’t have the money) and FFA taking their eye off the HAL during the failed WC bid, I would give them an overall pass mark since the commencement of the HAL eight years ago. In business you are never perfect, but you need to win more than you lose, using that logic they are ahead of the game in my book.

So on the whole I am relatively optimistic now.

One last thing. If you are going to dispute my analysis, fine. But please don’t pick three words, like some do.

 

[ballantyne]

I'm uncomfortable with this notion of A-League governing body. The FA/Football League situation in England was always dysfunctional (I don't know how it is now having happily farewell that country). I think club owners will always form cliques in their own interest and put the sport second. Self love is the typical motivation for owning a football club.
Im not saying the FFA is doing a good job but they are doing the right thing by retaining control.

 

[nikko]

Your best post ever.

not your best post ever Mr Nathan Byrn!!!!!!!!!!!!!!!!

 

[Nathan Byrn]

not your best post ever Mr Nathan Byrn!!!!!!!!!!!!!!!!

Riiiiiigghhhht

 

[furns]

The unnamed club with the $7Mil loss is Sydney FC.

 

[furns]

and that poster on FFT clearly is unaware that the exclusive commercial sponsorships were already rolled over, so there is no extra funds coming in from that area either.

Seems that the FFA are hellbent on putting all their eggs in the next TV deal covering their asses because of the footprint in WS but with a mooted $1billion+ deal looming for the NRL how much will FoxSports seriously want to pay for the HAL and Socceroos? The only other commercial network who would show the HAL would be TEN and they are broke. Dont even mention SBS as that isnt a serious option - they wanted FFA to pay THEM to screen the games ffs

 

[Nathan Byrn]

and that poster on FFT clearly is unaware that the exclusive commercial sponsorships were already rolled over, so there is no extra funds coming in from that area either.

Seems that the FFA are hellbent on putting all their eggs in the next TV deal covering their asses because of the footprint in WS but with a mooted $1billion+ deal looming for the NRL how much will FoxSports seriously want to pay for the HAL and Socceroos? The only other commercial network who would show the HAL would be TEN and they are broke. Dont even mention SBS as that isnt a serious option - they wanted FFA to pay THEM to screen the games ffs

Excellent informed posts!

Ray Gatt has a good piece.
http://m.theaustralian.com.au/sport/opinion/how-clive-palmers-pullout-turned-nathan-tinkler-into-an-angry-avenger/story-e6frg7t6-1226326215327

 

[elevated position]

Channel nine was discussing newcastle nrl and the comment was that the players would be starting to feel a bit uncomfortable with Tinklers cash flow problems across all his companies.

Whatever your thoughts about FFA, has his argument for handing back his licence just been a smoke screen?

Appropriately on here, Go the mariners

 

[Mumbles]

Let the federal government run the HAL.
If there's a deficit they can just raise taxes.
Better still. A mining tax for community sports.

Seriously how hard is it?

 

[scoober]

Channel nine was discussing newcastle nrl and the comment was that the players would be starting to feel a bit uncomfortable with Tinklers cash flow problems across all his companies.

Whatever your thoughts about FFA, has his argument for handing back his licence just been a smoke screen?

Appropriately on here, Go the mariners

I too have heard Mister Tinkler is short on a buck! assets no, cash yes! could be trouble brewing......

 

[true believer]

Channel nine was discussing newcastle nrl and the comment was that the players would be starting to feel a bit uncomfortable with Tinklers cash flow problems across all his companies.

Whatever your thoughts about FFA, has his argument for handing back his licence just been a smoke screen?

Appropriately on here, Go the mariners

he has to get a deal done monday or he has no cash flow.thats deep shit.

 

[Mumbles]

The sort of money we're talking about, he probably keeps in the ashtray of his car.
Every business has temporary cash flow problems with bad debtors or heavy investment. I suspect the later!
When you see large scale lay offs then be concerned.

Cash flow makes for a good excuse if you need to support a decision the public may not like.

 

[true believer]

he has no revenue steam .hence the deal .his office staff is unpaided or stood down.
http://www.smh.com.au/business/tinklers-treasure-chest-lies-under-the-boardwalk-20120413-1wyuc.html

 

[Mumbles]

he has no revenue steam .hence the deal .his office staff is unpaided or stood down.
http://www.smh.com.au/business/tinklers-treasure-chest-lies-under-the-boardwalk-20120413-1wyuc.html

I guess only the bogannaire and his been counters know what's really going on.
Could be fattening up the pigs for sale/merger by holding back cash or truly over his head in debt.

The trials and tribulations of a lucky idiot!

 

[Bladesman]

You only had to see the teams been read out at the start of the game in the 2 playoffs to see how badly sponsors are treated. There was no mention of the players sponsors which are mentioned all season. What sort of message does that send them? Absolute disgrace they should be able to benefit from the clubs success as they have been backing them all season.

 

[Wombat]

I choose Football.
Palmer and Tinkler should have been welcomed into the fold and nurtured. Palmer clearly needed help to run a successful franchise and I'm pretty sure he got shafted at every opportunity rather than assisted by the FFA.
Buckley doesn't have the best interests of Football at heart and I'd be surprised if he has any real understanding of the game.
Lowy is deceitful and untrustworthy. Under Lowy and Buckley the HAL continues to shoot itself in the foot.
Those two have just killed, gutted and roasted two Gold egg laying Geese in the space of three seasons.

As usual the FFA come out smelling like shite again.