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CCMFC New Chairman and Substantial Investment

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Kilsin

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Rising Sun

Well-Known Member
I was listening to the "Round Ball Rules" Show and around the 21 min mark, they discuss a new chairman for the Mariners and a substantial investment over the next few years, do we know any more details around this?

Key Points:
-New Chairman
-Monty stays on to build the club
-Focus on progression
-Mark Milligan's mum is a big Mariners fan :D

Is @Shaun Mielekamp able to add more to this?

Link to the show: https://10play.com.au/football/web-extras/2022/round-ball-rules-episode-3/tpv220427hmxcb
May or may not be good news - someone posted similar news on the "not worthy of a whole thread" and I responded to that post before seeing this post. Someone has made an edit to our Wikipedia page to suggest the investor might be Richard Peil, owner of Anytime Fitness....who happens to be knee deep in a bid to bring an ALM club to Canberra alongside our sponsors Mate
 

AJames

Well-Known Member
My understanding is that it is a three year option. New owner funds the football department for three years with an option to buy 51% at the end of this period. I am not sure things will change that much immediately.
Club stays on the coast past the 3 years?
 

Big Al

Well-Known Member
Wow that was quietly done. Everything we’ve ever heard about turns out to be bullshit, so makes sense that the first take over we never heard anything about is actually legit.

Massive news if true and increasing our funds would be involved.
The pod boys were coy about something 2 pods ago and I’d seen a tweet with Gatty that sort of implied something was in the wind. There’s some smoke but it’s only kindling at the moment but this might flush out a news story
 

turbo

Well-Known Member
Club stays on the coast past the 3 years?
You would hope that with some funding and hard work we can get the team back to a point where moving it to Canberra would be counter productive anyway. I thought Canberra had multiple bids anyway, its possible these guys have been given a heads up they aren't the preferred Canberra option and have now refocused.
 

AJames

Well-Known Member
You would hope that with some funding and hard work we can get the team back to a point where moving it to Canberra would be counter productive anyway. I thought Canberra had multiple bids anyway, its possible these guys have been given a heads up they aren't the preferred Canberra option and have now refocused.
True! And with Mate involved as well, who just upped their sponsorship with us this year.
 

Man Overboard

Well-Known Member
Wow that was quietly done. Everything we’ve ever heard about turns out to be bullshit, so makes sense that the first take over we never heard anything about is actually legit.

Massive news if true and increasing our funds would be involved.
Wondering whether to auto renew membership if 'home' games may be in Canberra
 

Man Overboard

Well-Known Member
If they were to go down that path you would be able to get a refund. Australian Consumer Law wouldnt allow them to go and switch like that without warning and the option of a refund.
But the Mudgee 'home game'..............................................................
 
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