GA and the Russians

[marinermick]

I have been playing there consistently twice a week since it has opened and no summer injuries to report like I used to in futsal or indoor soccer.

Surface is very good for an old man.

 

[Nathan Byrn]

So they are buying Turnbull' and McCabe's 35% share in the Nariners Development trust?

 

[midfielder]

Just on why they are suddenly back in the game in the game ... Truthful Jones told me this is a vid of the last presentation...


http://www.youtube.com/watch?v=EV5kM5-UDZA

 

[Ancient Mariner]

That is all for this month.

Stay tuned for next month's exciting episode of GA and the Russians.

 

[bikinigirl]

That is all for this month.

Stay tuned for next month's exciting episode of GA and the Russians.

. so long as it starts us on a winning streak taking us through to the end of april i won't complain

 

[FFC Mariner]

Soccer5's will also help develop a players all round game. Unlike Futsal that seems to produce 1 footed players who cant/wont defend

......................Russians were there last night, If I had to guess (repeat guess), its the same deal that fell over late last year.

Sale of an interest in CoE and some of that being used to fund the club until the next TV deal.

 

[dibo]

If that works out, then we are cooking with gas. Sounds like some people have taken some advice that it's better to hold a smaller stake of something than be owners of nothing.

If we can keep the club ethos and personality, we're looking f**king fantastic for the future. This would be a far better outcome than an all up sale to unknowns (and remember, we don't know who these people are!).

I don't mind the notion of PT being there, but cash is what we need and if this is the way we get it, I'm a happy boy.

Let's close off the season by pulling in a couple of trophies and begin the dynasty.

 

[FFC Mariner]

Given that its a sale of the CoE stake (possibly, maybe,perhaps) dont be holding your breath for a big announcement (if at all).

 

[Nathan Byrn]

The original deal with Sabina was PT and Macca selling 35%, in the COE development to concentrate on the Football Club. Where do the profits go from the COE?

 

[FFC Mariner]

Shareholders back pockets. No connection with CCM (the club) whatsover

 

[Nathan Byrn]

Shareholders back pockets. No connection with CCM (the club) whatsover

Does the COE need the CCM? At what cost to the shareholders are the CCM?

 

[adz]

Didn't take long to get back to doom and gloom.

 

[Nathan Byrn]

Didn't take long to get back to doom and gloom.

/reality

 

[adz]

Not reality, speculation.

 

[Nathan Byrn]

Not reality, speculation.

That the profits go to the shareholders?

 

[adz]

It started out as a question,

So they are buying Turnbull' and McCabe's 35% share in the Nariners Development trust?

And now all of a sudden it is reality and "The Russians" are buying COE and shafting Central Coast Mariners FC.

The only thing "obvious" in this thread is we don't know the details so we are just guessing based on very limited evidence.

That's fine, but don't pretend it's anything other than that.

 

[Nathan Byrn]

It started out as a question,




And now all of a sudden it is reality and "The Russians" are buying COE and shafting Central Coast Mariners FC.

The only thing "obvious" in this thread is we don't know the details so we are just guessing based on very limited evidence.

That's fine, but don't pretend it's anything other than that.

Turnbull nearly sold the same interest to Sabina in Oct 2011.
The second link details ownership of the development.
The Mariners FC Developments unit Trust (owner and developer)
30% held by LNL-Gorman
35% held by Ryer- Charlesworth
35% held by Mariners FC Unit Trust-Turnbull and McCabe

The Mariners FC Developments unit Trust also holds a 64% interest in the Central Coast Mariners Football cub.

http://member.afraccess.com/media?id=CMN://4A237699&filename=20111124/SAP_01245266.pdf

http://www.sabina.com.au/explanatory_memo.html

 

[adz]

I'm not saying you're wrong, in fact you make a good case, the Sabina deal falls over so we target the Russians for the same deal, but it's only guessing. (edit: I think we started hearing about Russians around the time that deal was cancelled?)

Also the doom and gloom bit - if they buy into The Mariners FC Developments unit Trust, why would they shaft Central Coast Mariners Football Club if they have a 64% interest in it?

It's fun discussing what may or may not be happening, but I won't be jumping up and down about anything until I hear something official.

 

[Nathan Byrn]

I'm not saying you're wrong, in fact you make a good case, the Sabina deal falls over so we target the Russians for the same deal, but it's only guessing. (edit: I think we started hearing about Russians around the time that deal was cancelled?)

Also the doom and gloom bit - if they buy into The Mariners FC Developments unit Trust, why would they shaft Central Coast Mariners Football Club if they have a 64% interest in it?

It's fun discussing what may or may not be happening, but I won't be jumping up and down about anything until I hear something official.

Yeah that is right they potentially wont shaft the Mariners. As long as it stays at 64%?? (ps who owns the rest??)

 

[FFC Mariner]

FFA still have 7% dont they? Plus I seem to remember that Mrs Gorman hold some equity.