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Turbulence (then calm sailing, then turbulence) thread.

Gratis

Well-Known Member
The Russian ship is sailing into Brisbane waters. Dont believe all this media hype its all rubbish. I have said it 100 times it just takes time.Once it happens i will break the news a day before papers just to prove im not talking shit, then PHANTOM will retire.
how good, it's been a while!
 

nebakke

Well-Known Member
It's official!!! :)))))))

http://www.footballaustralia.com.au...s-confirm-agreement-on-recapitalisation/63484

THE majority owners of the Central Coast Mariners FC have today confirmed that agreement has been reached on a recapitalisation of the club.
Discussions involving Mike Charlesworth, Peter Turnbull and Lyall Gorman concluded late today with agreement in principal reached. Documentation of the agreement is underway.
The agreement will see Mike Charlesworth, an existing major investor, make a substantial fresh investment into the Mariners.
The injection of funds will allow the immediate payment of players, coaches and staff. In addition, the funds will allow the Mariners to implement business plans to continue the growth of the club.
 

MrCelery

Well-Known Member
Don't get too excited yet. The World Game site now reports: "The World Game understands that Charlesworth flew to Melbourne and met with the South Melbourne board on Wednesday, a source telling TWG that FFA had encouraged discussions between the two parties.

Speculation remains over the Melbourne connection, with Charlesworth rumoured to be considering a sale once in charge. That arrangement might see the Mariners relocate up to four of their home matches to Melbourne."
 

midfielder

Well-Known Member
Don't get too excited yet. The World Game site now reports: "The World Game understands that Charlesworth flew to Melbourne and met with the South Melbourne board on Wednesday, a source telling TWG that FFA had encouraged discussions between the two parties.

Speculation remains over the Melbourne connection, with Charlesworth rumoured to be considering a sale once in charge. That arrangement might see the Mariners relocate up to four of their home matches to Melbourne."

It's SBS again ...

Hopefully all will be explained over the next few days.... tomorrow would be great... one way or the other ...

Maybe its if the Russians don't invest ... Hellas will invest in return for some games ...

TBH what is needed most of all is that board control stay on the Coast if we loose the matches against MV & Heart which would become sorta of derby matches in Melbourne maybe if it meant the COE stays and the team stays on the Coast ...... hhhhhhmmmmm not saying I am happy or joyed in any way but if that is the story tell us so we can think about it...

Means we have derby match against the Scum, Drive Byes & Hackers plus the new years eve match... plus arguably derby matches against MV & Heart in Melbourne... not happy but worth thinking about... or maybe not..
 

Atomic

Well-Known Member
Taking a game to Canberra a couple of seasons almost killed us. Moving games to Melbourne will definitely spell the end for the Mariners on the Coast. Personally, I have a feeling it's just SBS BS
 

nebakke

Well-Known Member
hmmm....ffs

hoping this is just speculation to validate previous article.

I'll acknowledge quite a bit of obvious bias, but this was my thought tbh... Looking at the article, it's effectively still the same article, just with a couple of changes to the introduction. To me, it smells a bit like an embarrassed journo, trying to salvage what he can from a dog's breakfast of an article... I'm hoping so at least ;)
 

bobandbill

Well-Known Member
The 'speculation' has now been removed from the article, and replaced with the following:
This follows the claim made in a report on The World Game on Thursday that the club was made a substantial offer by South Melbourne Football Club for a takeover at a down payment of $4 million, subject to due diligence and sanctioning by Football Federation Australia.
The claim that the South Melbourne offer was made came from reliable sources close to the discussions South Melbourne has been having with the Mariners since December.
A source close to FFA said: "There has been no agreement made between the CCM board and a Melbourne-based consortium for the sale of Central Coast Mariners" - a comment echoed by a spokesman for the Mariners.
It is believed the South Melbourne board was meeting tonight to discuss the turn of events and it is not expected the club will make any public comment until after the meeting.
Discussions on Thursday night involving Charlesworth, chairman Peter Turnbull and minortiy shareholder Lyall Gorman concluded with an undisoclosed amount being injected into the club to keep it afloat.
The fresh cash will cover immediate payments to players, coaches and staff of overdue wages and the agreement between the trio sees Gorman - chairman of rival A-League club Western Sydney - relinquish his shareholding.
The club claims the funds will allow the Mariners to implement business plans and end long-standing fears over its financial future.

That said, they really should have not published this in the first place. Rather poor form, and definitely not something I feel anyone here appreciated.


Hurrah for Charlesworth. =)
 

kevrenor

Well-Known Member
Thursday 21 March, 2013
Tuggerah, NSW

Central Coast Mariners confirm agreement on recapitalisation

THE majority owners of the Central Coast Mariners FC have today confirmed that agreement has been reached on a recapitalisation of the club.

Discussions involving Mike Charlesworth, Peter Turnbull and Lyall Gorman concluded late today with agreement in principal reached. Documentation of the agreement is underway.

The agreement will see Mike Charlesworth, an existing major investor, make a substantial fresh investment into the Mariners.

The injection of funds will allow the immediate payment of players, coaches and staff. In addition, the funds will allow the Mariners to implement business plans to continue the growth of the club.

Mariners Chairman Peter Turnbull has welcomed today’s agreement and thanked his fellow investors for working towards a sustainable future.

“Mike, Lyall and I have always placed top priority on the good of the Mariners and Central Coast football,” said Turnbull.

“The club is an integral part of the Central Coast region and we are determined to build a strong and stable club.

“In particular, I pay tribute to Lyall for his achievements in establishing the club. This agreement will see Lyall sever his formal ties with the Mariners, but he’ll always have a special place in the club.”

Turnbull has hailed the new investment by Mike Charlesworth as a turning point.

“Mike is a football man, like the rest of us, and he has a great passion for the game and the Mariners. Today’s agreement means the Mariners legacy will only get stronger.”
 

pjennings

Well-Known Member
Phantom may be right according to Seb Hassett

The future of the Central Coast Mariners as a Gosford-based club is secure after businessman Mike Charlesworth agreed to take majority ownership of the club on Thursday night.

Chairman Peter Turnbull and Lyall Gorman accepted an offer from Charlesworth in an effort to ease the club's well-documented and ongoing financial woes, taking his ownership stake up to 64 per cent. In more good news, the players and staff who missed their regular monthly payments this week will also be paid in full in the coming days. However, while Charlesworth will officially take the reins of the Mariners on Friday morning when the paperwork is formally signed, it's also possible he may sell the club again.

A Russian consortium which has been interested in buying the club during the past 18 months is set to make a final offer in the next week, while another interested owner from China - who has deep links with Asian football - will visit in the next fortnight.

One website reported on Thursday that a deal had been done to sell the Mariners for $4 million to a consortium of directors of ex-NSL club South Melbourne, with a plan to play up to four home games per year in Melbourne. However, given Charlesworth has a commitment to keep the club's structure and development in place, the Mariners will not move any home games from Gosford.

Charlesworth, a businessman in his early 40s, recently moved to Australia from England on a full-time basis and has settled in Tamarama. He made his wealth in the telecommunications industry and is a passionate supporter of Leeds United. Turnbull told Fairfax Media he was sad to sell his shareholding but that he understood it was the right decision.

''I think it's a good day for the club. It's secured their future. Mike's investment will be very substantial and it's certainly put the club in good hands,'' he said. ''It's pleasing the investment that we've been looking for has come from one of our current investors. Mike appreciates and understands the vision the club.'' Turnbull is expected to stay on as chairman, at least until the end of the season.

While Turnbull hopes to stay connected to the club in some capacity, Lyall Gorman, now executive chairman of the Western Sydney Wanderers, feels a weight has been lifted from his shoulders.

''It's a relief for me because I've had to carry the burden of insults and innuendo about a conflict of interest since I took the head of A-League position [in 2010],'' he told Fairfax Media. ''The Mariners have always been under-capitalised and it's been no secret we've sought investment in the past 13 months. We've put our heart and soul and our dollars into the club.''

It has been speculated that Gorman has been resistant to sell his shares, listed in his wife's name. Gorman denies this.

''There was some very poor and ill-informed comment this week that I was a barrier to the sale but it's to the absolute contrary,'' he said. ''I would only ever want what's best for the club and the region. My parents live on the coast. What's most important is the stability of the club.

''There's still possible deals on the table, but until then, Mike's put his hand up in the interim and that's put the club on level footing.''

Earlier this week, Gorman and Turnbull had offered to pay $200,000 each to ease the club's balance sheet.
Coach Graham Arnold said the players were pleased to hear their wages would be honoured and the club's future assured.

"Before training the chairman and Mike Charlesworth had a chat to them over the loudspeaker on the phone to inform them what's going on and I think that's relaxed a lot of the players," Arnold said.
Arnold praised the players for staying focused on the job ahead of Sunday's trip to face Adelaide United. "It's been a tough week for the players, but they are a great bunch of boys and the leadership group has done a great job of keeping them all together," he said

Read more: http://www.smh.com.au/sport/a-leagu...ncerns-ease-20130321-2giw1.html#ixzz2OAlsStCG
 

MrCelery

Well-Known Member
Sale.jpg
 

Lowlander

Well-Known Member
New to the forum so hello all. I obviously have not been involved with the forum before so am a little self conscious about making the below statement as my introduction, I do not mean to offend, rather I want to encourage a different angle to this conversation.

I might be a little too sceptical or cynical but I would not be surprised if this latest round of ownership and liquidity hoohaa was orchestrated by the upper echelons of club management in order to force the issue at hand. I am not denying that the underlying trends havent been there for some years but equally there was little positive and constructive movement towards a workable and effective resolve. How can a solution be found in apparant crisis times within 2 days that could not be found in the preceding 2 years? It does not add up. Did Charlesworth hold out for the best deal at the expense of the players? Why was Singleton's offer to stand aside as chairman brushed off? Was Gormans sole attention on WSW making him liable to apathy/blind-sightedness or even corporate railroading?

I realise that there are so many plausibles and that these questions will simply lead to more questions rather than clarity, for me something does not gel with the whole situation, the handling of the media, the lack of constructive FFA input etc.

Having said all that, I am glad that I have a club that I can continue to support but hope that there are no ulterior motives behind this. we need bums on seats at bluetongue now more than ever as a show of solidarity towards the players and staff.
 

dibo

Well-Known Member
Have been in meetings all night and have come out to see awesome news. Love this club, long may it continue.

Not a Leeds fan, me, but I wouldn't mind our away kits being all white with yellow and blue trim, if that suited our new benevolent overlord. ;)

The Spurs supporting partner of my sister probably wouldn't either, FWIW.
 

Forum Phoenix

Well-Known Member
Ok so...

Perform wonders with the lowest funded "smallest" club in the league... Tick. Sell off best players mid season... Tick. Engendering end of season slump... Tick. Fail to pay players and staff, Tick. Club on edge of total collapse, Tick. Media gets stuck in, PFA goes nuts, unfounded and brutal rumours abound, crows circle, and the knives come out... Tick.

Rise from the ashes to new heights defying all odds and sticking it to the haters and doubters, TICK.

So...

Business as usual as a CCM supporter.

Let's go win the f**king toilet seat.

COYY

:fireup:
 

Roy Law

Well-Known Member
I might be a little too sceptical or cynical - no one who has supported the Mariners for any length of time could ever be described as too sceptical -
but I would not be surprised if this latest round of ownership and liquidity hoohaa was orchestrated by the upper echelons of club management in order to force the issue at hand - I wouldn't be surprised at all!
How can a solution be found in apparant crisis times within 2 days that could not be found in the preceding 2 years? - I would say that efforts have been made during those two years and have only come to a head in recent times: somebody has cracked under the financial pressure.
It does not add up. Did Charlesworth hold out for the best deal at the expense of the players? - I doubt that but undoubtedly the players suffered as the final dice were rolled
Why was Singleton's offer to stand aside as chairman brushed off? -it has always been a mystery the relationship between Singo and the Mariners; there seems to be some entrenched bitterness
 

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