JoyfulPenguin
Well-Known Member
Interesting appoint though seems well researched and well thought out. Always good to see new Aussie coaches given a chance.
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The official all-purpose trolling bogan scum thread
- Thread starter MrCelery
- Start date
true believer
Well-Known Member
Jean-Paul de Marigny another marconi old boy .
MagpieMariner
Well-Known Member
Well, let's hope Josep & Ernie's achievements can rub off on Tony.
Anyway, playing achievements don't always turn into coaching achievements. In fact Alex Ferguson didn't have a stellar playing career, but as a coach...
It's the same in all codes, of all the great AFL coaches, only 2 were great players as well.
Anyway, playing achievements don't always turn into coaching achievements. In fact Alex Ferguson didn't have a stellar playing career, but as a coach...
It's the same in all codes, of all the great AFL coaches, only 2 were great players as well.
MagpieMariner
Well-Known Member
Not saying he can't play at all, just that playing ability doesn't always equate with coaching ability.
Rowdy
Well-Known Member
Front page news in the Newcastle Herald today "Jets- $21 Million in debts" 
Full 2-page spread, briefly
-FFA appointed Administrator alludes that 'FFA must have known the Scum were trading insolvent after secretly lending them $300k for unpaid wages to be paid.
-Tinkler's sister at the helm.
- Tinkler owed about $18 mil. ?????
-Mum&Dad businesses owed the rest as un-secured creditors.
-FFA want to sack the Administrator IMMEDIATELY! (kill the messenger)
- & whole bunch of other shit!
Really surprised there was nothing on it in here
Over to you Celery.......
Full 2-page spread, briefly
-FFA appointed Administrator alludes that 'FFA must have known the Scum were trading insolvent after secretly lending them $300k for unpaid wages to be paid.
-Tinkler's sister at the helm.
- Tinkler owed about $18 mil. ?????
-Mum&Dad businesses owed the rest as un-secured creditors.
-FFA want to sack the Administrator IMMEDIATELY! (kill the messenger)
- & whole bunch of other shit!
Really surprised there was nothing on it in here
Over to you Celery.......
Rowdy
Well-Known Member
The Jets had $21m in debt, $605 in the bank & a Hyundai in the carpark!
By DONNA PAGE
June 19, 2015, 11 p.m.
http://www.theherald.com.au/story/3159384/the-jets-had-21m-in-debt-605-in-the-bank/?cs=305
A SPIDER’S web of $18million worth of inter-company loans kept Nathan Tinkler’s Newcastle Jets afloat, until the club buckled in May under the weight of more than $21million debt.
A creditors’ report has revealed that when the company was placed in voluntary administration it had $605.46 cash in the bank, $88 in office petty cash, gym equipment, some outdated merchandise and a 2009 Hyundai i30.
Further investigation revealed the club owed $1.5million in wages and superannuation, $1.1million to suppliers and $2.7million to the tax office.
The club had long been a financial basket-case.
According to Newcastle Jets Football Operations director Donna Dennis, the company failed for a host of reasons including overpaid executives and the inability to attract sponsors. Ms Dennis, who is Mr Tinkler’s sister, said “unfavourable treatment” by Football Federation Australia, “inability to terminate underperforming players” and a “small member base” all contributed to the club’s demise.
She went further to blame “excessive ground hiring costs by Hunter Venues”, “no support from Northern NSW Football”, “no cash flow assistance from FFA”, “close proximity” to Central Coast Mariners and “limited corporate hospitality revenue”.
Northern NSW Football chief David Eland described the claims as a ‘‘joke’’.
‘‘Northern NSW Football absolutely refutes that assertion,’’ Mr Eland said.
According to the company’s administrator, James Shaw, the club had difficulty attracting major sponsors and relied heavily on sponsorship that came from other Tinkler-related companies.
In 2013, when the tax office attempted to wind up the Jets over unpaid debts, Mr Tinkler’s Hunter Ports stepped in and paid a $2.1million bill.
Financial records reveal that sponsorship for the A-League club almost halved from $2.2million in the 2012-13 financial year to $1.2million this year.
At the same time, match day sales plummeted from $720,000 to $366,000, merchandise sales dropped from $320,000 to $158,000 and corporate hospitality income slumped $140,000.
The club was underperforming and was plagued by falling crowd numbers.
When Jets players walked onto Hunter Stadium to face Perth Glory on April 6, they were met by a record-low crowd of 4192. Fans vented their frustration at coach Phil Stubbins and the club’s worst season on record by unveiling a giant banner at half-time that stretched across three bays of the Andrew Johns Stand.
“Enough failure lies and arrogance 10,000 fans demand the muppet gone,” it read.
The only income to increase at the trouble-prone club in the two years to June was FFA’s annual grant to pay player wages that went from $1.9million to $2.7million.
Insiders told the Herald a lack of cash flow spurred the end of the former mining magnate’s reign.
According to company records, executive expenses at the club increased more than 300 per cent from $131,000 in 2012-13 to $469,000 this financial year, while the amount spent on players dropped from $4.1million to $3.3million.
Despite cost-cutting efforts that saw administration expenses slashed and youth league spending cut, the financial losses continued to mountpressure on Mr Tinkler’s crumbling business empire, which was having its own cash-flow problems.
Internal company accounts reveal the Jets recorded a $4.4million loss in the year to June 2013, a further $2million loss the next year and $1.3million this financial year.
By DONNA PAGE
June 19, 2015, 11 p.m.
http://www.theherald.com.au/story/3159384/the-jets-had-21m-in-debt-605-in-the-bank/?cs=305
A SPIDER’S web of $18million worth of inter-company loans kept Nathan Tinkler’s Newcastle Jets afloat, until the club buckled in May under the weight of more than $21million debt.
A creditors’ report has revealed that when the company was placed in voluntary administration it had $605.46 cash in the bank, $88 in office petty cash, gym equipment, some outdated merchandise and a 2009 Hyundai i30.
Further investigation revealed the club owed $1.5million in wages and superannuation, $1.1million to suppliers and $2.7million to the tax office.
The club had long been a financial basket-case.
According to Newcastle Jets Football Operations director Donna Dennis, the company failed for a host of reasons including overpaid executives and the inability to attract sponsors. Ms Dennis, who is Mr Tinkler’s sister, said “unfavourable treatment” by Football Federation Australia, “inability to terminate underperforming players” and a “small member base” all contributed to the club’s demise.
She went further to blame “excessive ground hiring costs by Hunter Venues”, “no support from Northern NSW Football”, “no cash flow assistance from FFA”, “close proximity” to Central Coast Mariners and “limited corporate hospitality revenue”.
Northern NSW Football chief David Eland described the claims as a ‘‘joke’’.
‘‘Northern NSW Football absolutely refutes that assertion,’’ Mr Eland said.
According to the company’s administrator, James Shaw, the club had difficulty attracting major sponsors and relied heavily on sponsorship that came from other Tinkler-related companies.
In 2013, when the tax office attempted to wind up the Jets over unpaid debts, Mr Tinkler’s Hunter Ports stepped in and paid a $2.1million bill.
Financial records reveal that sponsorship for the A-League club almost halved from $2.2million in the 2012-13 financial year to $1.2million this year.
At the same time, match day sales plummeted from $720,000 to $366,000, merchandise sales dropped from $320,000 to $158,000 and corporate hospitality income slumped $140,000.
The club was underperforming and was plagued by falling crowd numbers.
When Jets players walked onto Hunter Stadium to face Perth Glory on April 6, they were met by a record-low crowd of 4192. Fans vented their frustration at coach Phil Stubbins and the club’s worst season on record by unveiling a giant banner at half-time that stretched across three bays of the Andrew Johns Stand.
“Enough failure lies and arrogance 10,000 fans demand the muppet gone,” it read.
The only income to increase at the trouble-prone club in the two years to June was FFA’s annual grant to pay player wages that went from $1.9million to $2.7million.
Insiders told the Herald a lack of cash flow spurred the end of the former mining magnate’s reign.
According to company records, executive expenses at the club increased more than 300 per cent from $131,000 in 2012-13 to $469,000 this financial year, while the amount spent on players dropped from $4.1million to $3.3million.
Despite cost-cutting efforts that saw administration expenses slashed and youth league spending cut, the financial losses continued to mountpressure on Mr Tinkler’s crumbling business empire, which was having its own cash-flow problems.
Internal company accounts reveal the Jets recorded a $4.4million loss in the year to June 2013, a further $2million loss the next year and $1.3million this financial year.
Rowdy
Well-Known Member
Revealed: The secret loan before the Jets crash
Comprehensive story from the 2-page spread in the Newcastle Herald, click the link
http://www.theherald.com.au/story/3159381/revealed-the-secret-loan-before-the-jets-crash/?cs=303
Comprehensive story from the 2-page spread in the Newcastle Herald, click the link
http://www.theherald.com.au/story/3159381/revealed-the-secret-loan-before-the-jets-crash/?cs=303
MagpieMariner
Well-Known Member
It's all the Mariners' fault, they're too close to us! They can move further away any time they like.
Wombat
Well-Known Member
Arense Wenger and Sven Erikkson prove your point.
sydmariner
Well-Known Member
SAF too
Rowdy
Well-Known Member
DUNDEE UNITED CHIEF INCHING CLOSER TO NEWCASTLE JETS TAKEOVER:
http://theworldgame.sbs.com.au/arti...-chief-inching-closer-newcastle-jets-takeover
Dundee United chairman Stephen Thompson’s dogged pursuit of the Newcastle Jets licence has moved a step closer to becoming a reality with the Scotsman signing a confidentiality clause with Football Federation Australia (FFA) as negotiations continue behind closed doors.
By: David Lewis
26 JUN 2015
Thompson, who spent two weeks in Australia earlier this month meeting with key stakeholders in the Hunter and also with FFA chiefs in Sydney, struck a deal to purchase the Jets from previous owner Nathan Tinkler in May for an estimated $3.5 million.
That deal was scuppered when embattled former mining tycoon Tinkler was stripped of the licence by FFA on the same day he placed the cub in receivership as it reeled under an avalanche of debt.
Back in Scotland as talks continue, Thompson was reluctant to shed much light on how far they have progressed and whether a deal would be done in time for his consortium to take charge next season.
Nor would he divulge any details of his current valuation of a club which has been relaunched under the banner of the peak body as the liquidator picks over the carcass of the previous entity, Newcastle Jets Football Operations, which has liabilities totalling $22 million.
“We have signed a non-disclosure agreement with Football Federation Australia, that’s all I am really prepared say at this moment,” said Thompson.
Thompson, who first expressed an interest in taking control of the club in November, is convinced he can make the Jets not only sustainable off the field – on the back of a loyal membership base of around 10,000 and a revamped business model – but also on it.
His 14-day fact-finding trip has only hardened his resolve.
He and fellow Tangerines director Mike Martin, a former executive with global banking group HSBC, are the main protagonists behind the bid to acquire the Jets and formed a two-man delegation in Australia.
“Australia is a very interesting market and it's a growth market, and with the national team winning the Asian Cup it's exciting times for the game in Australia and the sport is on the up there,” Thompson said in May.
After the calamity of Tinkler’s tenure as owner, FFA is keen to make sure that new owners have a proven pedigree in football, which weighs heavily in Thompson’s favour.
Since taking a taking a majority share at Tannadice in 2002, Thompson has cut $13 million in debt down to less than $2 million through prudent management practices and the sale of Tangerines players.
http://theworldgame.sbs.com.au/arti...-chief-inching-closer-newcastle-jets-takeover
Dundee United chairman Stephen Thompson’s dogged pursuit of the Newcastle Jets licence has moved a step closer to becoming a reality with the Scotsman signing a confidentiality clause with Football Federation Australia (FFA) as negotiations continue behind closed doors.
By: David Lewis
26 JUN 2015
Thompson, who spent two weeks in Australia earlier this month meeting with key stakeholders in the Hunter and also with FFA chiefs in Sydney, struck a deal to purchase the Jets from previous owner Nathan Tinkler in May for an estimated $3.5 million.
That deal was scuppered when embattled former mining tycoon Tinkler was stripped of the licence by FFA on the same day he placed the cub in receivership as it reeled under an avalanche of debt.
Back in Scotland as talks continue, Thompson was reluctant to shed much light on how far they have progressed and whether a deal would be done in time for his consortium to take charge next season.
Nor would he divulge any details of his current valuation of a club which has been relaunched under the banner of the peak body as the liquidator picks over the carcass of the previous entity, Newcastle Jets Football Operations, which has liabilities totalling $22 million.
“We have signed a non-disclosure agreement with Football Federation Australia, that’s all I am really prepared say at this moment,” said Thompson.
Thompson, who first expressed an interest in taking control of the club in November, is convinced he can make the Jets not only sustainable off the field – on the back of a loyal membership base of around 10,000 and a revamped business model – but also on it.
His 14-day fact-finding trip has only hardened his resolve.
He and fellow Tangerines director Mike Martin, a former executive with global banking group HSBC, are the main protagonists behind the bid to acquire the Jets and formed a two-man delegation in Australia.
“Australia is a very interesting market and it's a growth market, and with the national team winning the Asian Cup it's exciting times for the game in Australia and the sport is on the up there,” Thompson said in May.
After the calamity of Tinkler’s tenure as owner, FFA is keen to make sure that new owners have a proven pedigree in football, which weighs heavily in Thompson’s favour.
Since taking a taking a majority share at Tannadice in 2002, Thompson has cut $13 million in debt down to less than $2 million through prudent management practices and the sale of Tangerines players.
Rowdy
Well-Known Member
(Edited out incorrect info I prev. post'd about what Tinkler paid for Jets licence)
Dundee's offer of $3.5mil. back then for a debt ridden basket case, Coincidence considering THAT'S what Tinkler paid in an 'acquisition fee' to the FFA for the Jets licence. (The Fat Man claimed he paid $5 million)
Can see the FFA making this happen at ANY price considering it's an SPL club who's ticking the all important boxes of good financial governance.
The BIG Q: Would Dundee keep inexperienced Scott Miller on as the new Coach? Repercussions in the courts for FFA if they dont, as Miller signed a deal with 'them' as the current 'owners'.
Dundee's offer of $3.5mil. back then for a debt ridden basket case, Coincidence
considering THAT'S what Tinkler paid in an 'acquisition fee' to the FFA for the Jets licence. (The Fat Man claimed he paid $5 million)Can see the FFA making this happen at ANY price considering it's an SPL club who's ticking the all important boxes of good financial governance.
The BIG Q: Would Dundee keep inexperienced Scott Miller on as the new Coach? Repercussions in the courts for FFA if they dont, as Miller signed a deal with 'them' as the current 'owners'.
Last edited:
rbakersmith
Well-Known Member
I doubt it. Reportedly the sticking point with Mark Rudan was around keeping his position in a change of ownership, so presumably Miller has signed a contract that allows the new owner to dump him.
MrCelery
Well-Known Member
Pitch rating
AAMI Park 4.30 (City up from 3.8, Victory up from 3.94)
nib Stadium 4.04 (up from 3.81)
Etihad Stadium 3.90 (up from 3.8)
Coopers Stadium 3.85 (same as last season)
Allianz Stadium 3.83 (up from 3.14)
Central Coast Stadium 3.73 (down from 3.92)
A-League average 3.72
Westpac Stadium 3.66 (down from 3.80)
Pirtek Stadium 3.53 (down from 3.77)
Suncorp Stadium 3.03 (down from 3.25)
Hunter Stadium 2.75 (up from 2.64)
The A-League champions' fans also received praise, with players voting on atmosphere.
Victory edged out Western Sydney Wanderers in the atmosphere stakes.
And there was more bad news for Newcastle.
Atmosphere rating
AAMI Park (Victory) 4.70 (up from 4.13)
Etihad Stadium (Victory) 4.50 (up from 4.00)
Pirtek Stadium 4.23 (down from 4.92)
Coopers Stadium 3.88 (same as last season)
Allianz Stadium 3.67 (up from 3.61)
A-League average 3.42
AAMI Park (City) 3.30 (up from 3.15)
nib Stadium 3.29 (up from 3.23)
Westpac Stadium 2.64 (up from 2.25)
Suncorp Stadium 2.59 (down from 3.64)
Central Coast Stadium 2.33 (down from 3.04)
Hunter Stadium 2.00 (down from 2.75)
Read more at http://www.fourfourtwo.com/au/news/aami-park-victory-fans-leagues-best#ytOzGXdSWls01Qeb.99
Not too pleased at our 'atmosphere rating' But as long as we're above the Scum I'm happy.
Oh, and here's another table:
Wooden Spoon rating
Newcastle Scum 2
NZ Kingz 2
Wellington Phoenix 2
Adelaide United 1
Gold Coast United 1
Melbourne Heart 1
North Queensland Fury 1
Big chance for the Scum to go top this season?
AAMI Park 4.30 (City up from 3.8, Victory up from 3.94)
nib Stadium 4.04 (up from 3.81)
Etihad Stadium 3.90 (up from 3.8)
Coopers Stadium 3.85 (same as last season)
Allianz Stadium 3.83 (up from 3.14)
Central Coast Stadium 3.73 (down from 3.92)
A-League average 3.72
Westpac Stadium 3.66 (down from 3.80)
Pirtek Stadium 3.53 (down from 3.77)
Suncorp Stadium 3.03 (down from 3.25)
Hunter Stadium 2.75 (up from 2.64)
The A-League champions' fans also received praise, with players voting on atmosphere.
Victory edged out Western Sydney Wanderers in the atmosphere stakes.
And there was more bad news for Newcastle.
Atmosphere rating
AAMI Park (Victory) 4.70 (up from 4.13)
Etihad Stadium (Victory) 4.50 (up from 4.00)
Pirtek Stadium 4.23 (down from 4.92)
Coopers Stadium 3.88 (same as last season)
Allianz Stadium 3.67 (up from 3.61)
A-League average 3.42
AAMI Park (City) 3.30 (up from 3.15)
nib Stadium 3.29 (up from 3.23)
Westpac Stadium 2.64 (up from 2.25)
Suncorp Stadium 2.59 (down from 3.64)
Central Coast Stadium 2.33 (down from 3.04)
Hunter Stadium 2.00 (down from 2.75)
Read more at http://www.fourfourtwo.com/au/news/aami-park-victory-fans-leagues-best#ytOzGXdSWls01Qeb.99
Not too pleased at our 'atmosphere rating' But as long as we're above the Scum I'm happy.
Oh, and here's another table:
Wooden Spoon rating
Newcastle Scum 2
NZ Kingz 2
Wellington Phoenix 2
Adelaide United 1
Gold Coast United 1
Melbourne Heart 1
North Queensland Fury 1
Big chance for the Scum to go top this season?
nearlyyellow
Well-Known Member
Atmosphere Ratings: pretty subjective, don't you think? After all, the bigger the crowd, the more noise, the greater the errr, ummm, atmosphere probably ..
probably ..Online statistics
- Members online
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- Guests online
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