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New Owners?

turbo

Well-Known Member
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

Well-Known Member
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

Well-Known Member
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.
 

FFC Mariner

Well-Known Member
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?
 

Ancient Mariner

Well-Known Member
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

Well-Known Member
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.
 

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