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The official all-purpose trolling bogan scum thread

true believer

Well-Known Member
I hope so. The A League has been hurt by some extremely dumb decisions since it separated from the FFA.
The patient still appears to be very ill and until it starts to show real signs of recovery I cannot see even the most fanatical football billionaire investing a penny in any sick club.
didn't we get into this trouble because of APL billionaires ?
seems that grass roots football is doing just fine without them.
seems the club with the least resources are top of the league .

it seems wherever billionaires own the top teams and are allowed to rape and pillage the lower leagues. only 2 or 3 teams ever win .
 

MrCelery

Well-Known Member
Newcastle Jets Ownership Update | Newcastle Herald

James Gardiner and Robert Dillon 4 April 2024

THE most prominent candidates to buy the Newcastle Jets have dropped out of the race but officials insist there are other parties in advanced negotiations.

US-based consortium FC32 have been exploring a takeover of the Jets for more than six months and appeared a likely saviour of the embattled club.

However, consortium principal Paul Francis told the Newcastle Herald on Thursday that they had withdrawn from negotiations after the group's latest bid was rejected by the current owners - the chairman of rival clubs who have been bankrolling the Jets since 2021

"Our best bid was not competitive enough," Francis told the Herald from the US. "We upped to the limit of our comfort given the circumstances, but can't match expectations or the other bidders unfortunately. We have to move on."

It is understood FC32 have walked away from the table and returned previously during negotiations.

Jets executive chairman Shane Mattiske was hopeful communications with FC32 would continue, but if they were no longer a contender, he said there were "multiple" alternative options.

"There are at least four parties actively involved in the due-diligence process," Mattiske said.

"Two of them have made formal offers. The ownership group is reviewing those offers and assessing them in relation to closing a deal in the very near future."

Australian Profession Leagues (APL) chairman Stephen Conroy indicated last month that the Jets had until the end of the season to finalise a new owner or risked folding.

One of the remaining consortiums is understood to be based in Melbourne and is led by investors who have previously been involved with an A-League club in Melbourne.

The Herald has also been told another overseas group has expressed interest.

FC32, which is partially backed by the investment group Athletic Ventures, owns Swiss second-tier club AC Bellinzona, and plans to set-up a network of clubs around the world.

The Jets, which has been bankrolled by the owners of rival clubs since January 2021, had been slated to be next.

FC32, after agreeing on a purchase price for the Jets, sought to renegotiate after the APL was unable to provide key information about the league and its financial projections.

The APL made half its staff redundant earlier this year and last week had to sign a deal with a new broadcast company after the collapse of Global Advance.

This season each franchise received $2 million in grants, which was cut from $2.3 million. The APL is yet to confirm what the dispersal will be next season.

The lack of clarification had a major impact on FC32's decision to walk away.

"From a business point of view, we can't take that risk, especially when we are starting out," Francis said. "There was a comfort level that we pushed beyond and we can't go any more.

"After the months at the table, we now need to move on and focus on the other acquisitions within our strategy.

"This has been so circular we have to move on."

It's unclear if other parties interested in buying the Jets have requested the same information from the APL.
 

sydmariner

Well-Known Member
Newcastle Jets Ownership Update | Newcastle Herald

James Gardiner and Robert Dillon 4 April 2024

THE most prominent candidates to buy the Newcastle Jets have dropped out of the race but officials insist there are other parties in advanced negotiations.

US-based consortium FC32 have been exploring a takeover of the Jets for more than six months and appeared a likely saviour of the embattled club.

However, consortium principal Paul Francis told the Newcastle Herald on Thursday that they had withdrawn from negotiations after the group's latest bid was rejected by the current owners - the chairman of rival clubs who have been bankrolling the Jets since 2021

"Our best bid was not competitive enough," Francis told the Herald from the US. "We upped to the limit of our comfort given the circumstances, but can't match expectations or the other bidders unfortunately. We have to move on."

It is understood FC32 have walked away from the table and returned previously during negotiations.

Jets executive chairman Shane Mattiske was hopeful communications with FC32 would continue, but if they were no longer a contender, he said there were "multiple" alternative options.

"There are at least four parties actively involved in the due-diligence process," Mattiske said.

"Two of them have made formal offers. The ownership group is reviewing those offers and assessing them in relation to closing a deal in the very near future."

Australian Profession Leagues (APL) chairman Stephen Conroy indicated last month that the Jets had until the end of the season to finalise a new owner or risked folding.

One of the remaining consortiums is understood to be based in Melbourne and is led by investors who have previously been involved with an A-League club in Melbourne.

The Herald has also been told another overseas group has expressed interest.

FC32, which is partially backed by the investment group Athletic Ventures, owns Swiss second-tier club AC Bellinzona, and plans to set-up a network of clubs around the world.

The Jets, which has been bankrolled by the owners of rival clubs since January 2021, had been slated to be next.

FC32, after agreeing on a purchase price for the Jets, sought to renegotiate after the APL was unable to provide key information about the league and its financial projections.

The APL made half its staff redundant earlier this year and last week had to sign a deal with a new broadcast company after the collapse of Global Advance.

This season each franchise received $2 million in grants, which was cut from $2.3 million. The APL is yet to confirm what the dispersal will be next season.

The lack of clarification had a major impact on FC32's decision to walk away.

"From a business point of view, we can't take that risk, especially when we are starting out," Francis said. "There was a comfort level that we pushed beyond and we can't go any more.

"After the months at the table, we now need to move on and focus on the other acquisitions within our strategy.

"This has been so circular we have to move on."

It's unclear if other parties interested in buying the Jets have requested the same information from the APL.
lmfao this just gets better & better fts
 

Big Al

Well-Known Member
Newcastle Jets Ownership Update | Newcastle Herald

James Gardiner and Robert Dillon 4 April 2024

THE most prominent candidates to buy the Newcastle Jets have dropped out of the race but officials insist there are other parties in advanced negotiations.

US-based consortium FC32 have been exploring a takeover of the Jets for more than six months and appeared a likely saviour of the embattled club.

However, consortium principal Paul Francis told the Newcastle Herald on Thursday that they had withdrawn from negotiations after the group's latest bid was rejected by the current owners - the chairman of rival clubs who have been bankrolling the Jets since 2021

"Our best bid was not competitive enough," Francis told the Herald from the US. "We upped to the limit of our comfort given the circumstances, but can't match expectations or the other bidders unfortunately. We have to move on."

It is understood FC32 have walked away from the table and returned previously during negotiations.

Jets executive chairman Shane Mattiske was hopeful communications with FC32 would continue, but if they were no longer a contender, he said there were "multiple" alternative options.

"There are at least four parties actively involved in the due-diligence process," Mattiske said.

"Two of them have made formal offers. The ownership group is reviewing those offers and assessing them in relation to closing a deal in the very near future."

Australian Profession Leagues (APL) chairman Stephen Conroy indicated last month that the Jets had until the end of the season to finalise a new owner or risked folding.

One of the remaining consortiums is understood to be based in Melbourne and is led by investors who have previously been involved with an A-League club in Melbourne.

The Herald has also been told another overseas group has expressed interest.

FC32, which is partially backed by the investment group Athletic Ventures, owns Swiss second-tier club AC Bellinzona, and plans to set-up a network of clubs around the world.

The Jets, which has been bankrolled by the owners of rival clubs since January 2021, had been slated to be next.

FC32, after agreeing on a purchase price for the Jets, sought to renegotiate after the APL was unable to provide key information about the league and its financial projections.

The APL made half its staff redundant earlier this year and last week had to sign a deal with a new broadcast company after the collapse of Global Advance.

This season each franchise received $2 million in grants, which was cut from $2.3 million. The APL is yet to confirm what the dispersal will be next season.

The lack of clarification had a major impact on FC32's decision to walk away.

"From a business point of view, we can't take that risk, especially when we are starting out," Francis said. "There was a comfort level that we pushed beyond and we can't go any more.

"After the months at the table, we now need to move on and focus on the other acquisitions within our strategy.

"This has been so circular we have to move on."

It's unclear if other parties interested in buying the Jets have requested the same information from the APL.
Rich should be chasing these bidders for investment in a real club
 

Rising Sun

Well-Known Member
This season each franchise received $2 million in grants, which was cut from $2.3 million. The APL is yet to confirm what the dispersal will be next season.

The lack of clarification had a major impact on FC32's decision to walk away.
This is incredible that APL are not able to give any assurances as to what the grant might be next season. Is it financial incompetence that they genuinely have no idea how much money they have available? Or are they covering up previous financial incompetence - they know their needs to be another savage reduction but are trying to hide it from the Canberra and Newcastle consortiums until they sign on the dotted line?

Either way, it is not a good look. It seems to be the sticking point for both franchises yet they still can't or won't provide a figure. With financial incompetence added to the endless list of examples of strategic incompetence, the real chance of losing a long established club in a strong football area and the fact that we can seemingly only add new clubs if the owner has bottomless pockets, (and the fact that James Johnson has been a competent and steady hand at the helm of the FA), there really is no reason that the APL should still be running the league
 

turbo

Well-Known Member
"Our best bid was not competitive enough," Francis told the Herald from the US. "We upped to the limit of our comfort given the circumstances, but can't match expectations or the other bidders unfortunately
If the APL have larger bids it's a positive thing. I doubt they're playing chicken with this unless the FC32 offer was a real low ball one. Right now none of that reflects poorly on the APL. If nothing happens in the next few months that changes.
 

Ancient Mariner

Well-Known Member
If the APL have larger bids it's a positive thing. I doubt they're playing chicken with this unless the FC32 offer was a real low ball one. Right now none of that reflects poorly on the APL. If nothing happens in the next few months that changes.
It is not the APL who are doing the selling it is a small consortium of owners of other clubs currently funding jets. Not sure how many of these owners are currently left in the consortium.
 

Rising Sun

Well-Known Member
Since the owners have said they are not funding the club beyond the current season then surely the bidding consortium(s) have the upper hand here?

I understand the owners want to recoup something for their investment but if the bid is $1 then that is $1 more than they get if the license is handed in. The bidders can also be negotiating separately with the APL for that scenario (although accepting that it is all very incestuous given that some of the owners investing are disproportionately influential in the APL).
 

midfielder

Well-Known Member
Seems to be getting worst over there...

TBH I find this sad.... Newcastle / Hunter is a heartland Football area and where the first games were played in Australia.... the history is long... KB United, Rosebudds, Breakers etc...

I wanta beat the Hunts.... but that its I want play and beat them no for them to fold over some doggy owners.....

Youtube from KB, the first crowd was I think about 17K...

 

pjennings

Well-Known Member
The point about Newcastle is that they have a population forecast to be over 482,000 by June this year. Football NNSW has a population of close to 1.3M people.

Not all of them have ready access to Newcastle but where is the effort to draw players (run academies) and take more games to the greater region. Port Macquarie has a 10,000 stadium that could be used for afternoon games, Coffs Harbour's a 10,000 seat stadium that has lighting easily good enough for night games as does Scully Park (11,000) in Tamworth.

I cannot believe that our management over the years that have engaged Canberra, Bathurst and Mudgee would not have engaged within their own federation if they were in a similar situation.

Jets believe they should be there because of their history but since the birth of the Knights in 1988 they are definitely second fiddle in the area. They need to be part of football history now not in the dim past.

Even in the Jets era there has not been many good years and very rare since the first 3 years of the A League.

I can't see why they cannot be a very successful club - but it will require money, effort and time. I just don't think we have seen much of that in my memory.

NBN and the Newcastle Herald both give them good coverage but the club needs to do more to make them the parochial choice in a National competition rather than what you do if you are not at the beach in summer. (Yes - we have the same problem - but we engage much better with the local community in spite of media concentrating on bigger markets including Newcastle.

YearLeagueFFA/AustraliaACL
PWDLFAGDPtsPosFinalsCup
2000–013079143756–193014th
2001–022410122332112422nd3rd
2002–03241077372512374th6th
2003–042466121833–152411th
2005–06219482729–2314th4th
2006–072186732302303rd3rd
2007–082197525214342ndW
2008–092146112139–18188thRound of 16
2009–1027104133345–12346th4th
2010–113098132933–4357th
2011–1227105123841–3357th
2012–132787123045–15318th
2013–14271061134340367th
2014–152738162355–321710thRound of 32
2015–162786132841–13308thRound of 32
2016–172757152853–252210thRound of 32
2017–18271557573720502nd2ndRound of 32
2018–19271051240364357thRound of 16Play-off round
2019–202697103240–8348thQuarter-final
2020–212656152438–142111th
2021–2226851345432299thPlay-off round
2022–232685133045–152910thRound of 32
 

midfielder

Well-Known Member
A well informed and well connected guy on the Wanders forum is saying...

An offer has reportedly been made by a group of people from Sydney & Melb.
 

Big Al

Well-Known Member
A well informed and well connected guy on the Wanders forum is saying...

An offer has reportedly been made by a group of people from Sydney & Melb.
Yeah it’s in the news. Apparently have some connections to Newcastle haven’t read the article just saw a tweet
 

style_cafe

Well-Known Member
Yeah it’s in the news. Apparently have some connections to Newcastle haven’t read the article just saw a tweet
As much as i dislike Newcastle i dont want to see them fold either. FFS who would we put crap on if they go? I’d support some sort of effort to show unity {as football fans} when we play them in the last round.Whether its a tifo or some other form of recognition to show our support of keeping them in the league. We are the current Champions with the best supporters in the competition lets show we can put the rivalry aside for footballs sake… :popcorn:
 

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