CCMFC New Chairman and Substantial Investment

[adz]

Somewhere in Jamaica right now, Usain Bolt is probably reading this forum and kicking himself that he didn't think of this idea of effectively renting the club for a few years and bypass all this nonsense of having to trial

Pretty sure the idea was floated at the time ?

 

[adz]

Indeed. He could have realised his dream of becoming a professional footballer.

Might have needed to buy the whole comp, or "all of the pizza" to make it work but still

 

[pjennings]

Wont be for next season. They need more time to get active in the transfer market, recruit staff, build hype etc.. If its been decided I reckon you're looking at offseason/finals time announcement with kick off in the 23-24 season.

WSW announced 4 April 2012 - first competitive game 6 October 2012 - so it can be done. So it is still very doable, particularly with a part structure in place with the womens' team. It may have already been agreed and preliminary work going on if both the APL / FA and the club want to announce after the GF.

 

[turbo]

WSW announced 4 April 2012 - first competitive game 6 October 2012 - so it can be done. So it is still very doable, particularly with a part structure in place with the womens' team. It may have already been agreed and preliminary work going on if both the APL / FA and the club want to announce after the GF.

From what I remember WSW was forced to be up and running that quickly due to someone else folding and they got a bunch of extra concessions beyond what WU and MAC got to make it viable, it’s a massive disadvantage not being able to be in the local player market from Jan when deals are being done or extended. Yes it can be done but I don’t see it happening for next season. We don’t even know when the next season is supposed to start - before the WC and take a break or wait until the end of the year,

 

[crock]

Or they can't compete with the other Canberra bid and decided to look for a club that was available. It's going back in a circle now and his involvement in that bid has already been mentioned in the 'not worthy of a whole thread' thread.

It doesn't make sense for the APL to let someone buy us and relocate when they could just collect a whole lot of cash to admit a new club. They even have an interested party who is supposedly well funded that's been knocking at the door since before WU came along.

Agreed and i dont believe relocation will happen

 

[midfielder]

If and the key word is if.

But my understanding of the transaction is, RP has purchased 51%, of the club with that money left in the club as capital for future investments.

Further RP, will cover any losses the club has over the next three years.

Also in three years has the option to buy the club.

RP wants Monty signed.

So my reading of the tea leafs and tarot cards on this means RP wants hmmmm nay is uncertain about the APL and if convinced it will survive he will complete the purchase.

Keeping the money in the club allows for better bargaining power especially the stadium.

MC gets a bigger reward in three years.

We stay on the coast as the cost of relocating for three years would be way way to expensive.

 

[greenlig]

If and the key word is if.

But my understanding of the transaction is, RP has purchased 51%, of the club with that money left in the club as capital for future investments.

Further RP, will cover any losses the club has over the next three years.

Also on three years has the option to buy the club.

RP wants Monty signed.

So my reading of the tea leafs and tarot cards on this means RP wants hmmmm nay is uncertain about the APL and if convinced it will survive he will complete the purchase.

Keeping the money in the club allows for better bargaining power especially the stadium.

MC gets a bigger reward in three years.

We stay on the coast as the cost of relocating for three years would be way way to expensive.

I like this theory, I'll believe it ?

 

[bikinigirl]

. three years of due diligence is probably not the worst idea

. it is a kind of 'try before you buy'

. i mean if you were part owner for a number of years before taking complete control it is not as if you could then claim you didn't understand the business, its financial situation and operational challenges ... could you?

. surely that would never happen ... would it?

 

[Tevor]

Also I’m pretty sure P- was for four years, so he has an option to buy when he knows what the TV dollars will be for the future I ignored all the Canberra relocation histeria.

 

[crock]

so i wont be suprised if we extended monty contract based on the fact rp wants monty signed

 

[Tevor]

so i wont be suprised if we extended monty contract based on the fact rp wants monty signed

Give him three years.

 

[AuzDutchy]

Give him 3 years with a HUGE buyout clause as well as sell on %

 

[crock]

Give him 3 years with a HUGE buyout clause as well as sell on %

I agree monty has done a great job

 

[true believer]

F'k them off

 

[crock]

F'k them off

whats that about

 

[true believer]

whats that about

Sorry posted in wrong spot .
Im not a fan of the band

 

[ryan]

At half time Shaun seemed to indicate that there might be an announcement at next weeks game.

 

[VonBowellski]

At half time Shaun seemed to indicate that there might be an announcement at next weeks game.

Saw that too, right as the conversation was about rumours in change of ownership.

 

[FFC Mariner]

Sorry posted in wrong spot .
Im not a fan of the band

Who is - cringeworthy nonsense

 

[FFC Mariner]

Forget the stadium, done deal with the new people and thats the end of it.