Turbulence (then calm sailing, then turbulence) thread.

[Gratis]

This is talk of broad-knowledged people with little or no understanding of various clubs financial micro-climate.

Apart form MV and eventually WSW (and theoretically SFC) which other club stands to make a tonne of money out of tickets and merchandise? No team here is Man U in that regard.
This has been the whole point of the CoE in reality - alternative revenue streams. The 'market' is found in the good will built up with the coast, tourism to a small degree, and hosting external sporting teams to the facilities. I suspect the Asian Cup in 2015 is going to see more than one team stay on the coast and use the facilities for example.

The reality is Australian FC's have to be creative about their revenue. TV deal will pay the players and they then use their brands that people know, recognise and love to promote their other streams, including sponsorship, things like the CoE, real estate investment etc.

Fossie may know his football but I don't think he understands economics.

 

[FFC Mariner]

Foster is just madly clinging to the bollocks SBS were peddling earlier in the week.

 

[MrCelery]

You've got to remember that SBS\TWG's roots are still firmly in 'old soccer'. They'd love nothing better than to see CCM fail and be replaced by South Melbourne or other ethnic-based entity.

 

[MrCelery]

Mariners deny club is in deep water

Central Coast Mariners chairman Peter Turnbull insists the club's Centre of Excellence facility will be completed despite reports of the project's collapse.
A newspaper report on Saturday suggested the project had ground to halt and would effectively become a white elephant and had little community usage, the key reason why funding was granted. The $10 million investment from the Federal Government was brought into question as a result but Turnbull insists that's misleading on several levels.
''Just to clarify some reports, the centre is actually getting tremendous community usage at the moment,'' he told Fairfax Media on Saturday night. "It's already a focal point of football on the Central Coast. I can tell you those five-a-side teams and kids' clinics aren't professional operations. They're community-based and the facility is being utilised effectively night by local people."
There is stalling on one element of the project - work on the aquatic centre has halted, but only because of a re-design. That particular part of the facility looked set to run over-budget by around $1m, leading to a re-modelling and a scaling down. However, it's understood the government is close to agreeing to fund the extra under-taking required, leading to another re-assessment on the design specifications - thus explaining the current delay.
Advertisement
''The aquatic centre will be completed,'' Turnbull said. ''But first, we've just had to work with the government to work out the best way to get the project done. We'll get it done.''
Asked if new Mariners owner Mike Charlesworth was committed the making the overall project work, Turnbull was unequivocal.
"Absolutely, the centre's future isn't any doubt," he said. "Mike's very excited about making it work and seeing the facility fulfil its potential. He can't wait to get stuck in." Discussions are also taking place about a further $10m injection from the federal government being granted for floodlights and a grandstand for the main playing field.
The Mariners have won just five of 11 games since the start of the new year yet remain in second spot on the ladder. And They travel to Adelaide on Sunday and former Mariners defender Nigel Boogaard said there was no chance the Reds would treat them lightly at Hindmarsh Stadium.


Read more: http://www.smh.com.au/sport/a-league/mariners-deny-club-is-in-deep-water-20130323-2gmku.html#ixzz2OP8CqbZI

 

[Mumbles]

May I suggest you rename this thread again.

CCM HEARSAY and Melodrama

 

[Mini In Bay 6]

I would deadest do handstands (after bolting down the valuables) if we got another 10 million.

 

[Ravana]

Now that's what we needed to hear. Who would of thought the Australian paper would print complete bullshit?

It was nothing more the a way to attack football and labor in the one article.

 

[style_cafe]

Now that's what we needed to hear. Who would of thought the Australian paper would print complete bullshit?

It was nothing more the a way to attack football and labor in the one article.

My sentiments exactly.
And who owns the The Australian newspaper? An American named "Rupert Murdoch" ...go figure

 

[midfielder]

Mariners deny club is in deep water

Central Coast Mariners chairman Peter Turnbull insists the club's Centre of Excellence facility will be completed despite reports of the project's collapse.
A newspaper report on Saturday suggested the project had ground to halt and would effectively become a white elephant and had little community usage, the key reason why funding was granted. The $10 million investment from the Federal Government was brought into question as a result but Turnbull insists that's misleading on several levels.
''Just to clarify some reports, the centre is actually getting tremendous community usage at the moment,'' he told Fairfax Media on Saturday night. "It's already a focal point of football on the Central Coast. I can tell you those five-a-side teams and kids' clinics aren't professional operations. They're community-based and the facility is being utilised effectively night by local people."
There is stalling on one element of the project - work on the aquatic centre has halted, but only because of a re-design. That particular part of the facility looked set to run over-budget by around $1m, leading to a re-modelling and a scaling down. However, it's understood the government is close to agreeing to fund the extra under-taking required, leading to another re-assessment on the design specifications - thus explaining the current delay.
Advertisement
''The aquatic centre will be completed,'' Turnbull said. ''But first, we've just had to work with the government to work out the best way to get the project done. We'll get it done.''
Asked if new Mariners owner Mike Charlesworth was committed the making the overall project work, Turnbull was unequivocal.
"Absolutely, the centre's future isn't any doubt," he said. "Mike's very excited about making it work and seeing the facility fulfil its potential. He can't wait to get stuck in." Discussions are also taking place about a further $10m injection from the federal government being granted for floodlights and a grandstand for the main playing field.
The Mariners have won just five of 11 games since the start of the new year yet remain in second spot on the ladder. And They travel to Adelaide on Sunday and former Mariners defender Nigel Boogaard said there was no chance the Reds would treat them lightly at Hindmarsh Stadium.


Read more: http://www.smh.com.au/sport/a-league/mariners-deny-club-is-in-deep-water-20130323-2gmku.html#ixzz2OP8CqbZI

Excellent news ... nay [Excellent + Great + Fantastic + Tremendous] to the power of 100.

So glad he put that out ...

 

[FFC Mariner]

Whilst floodlights and a stand brings Dibo's dream of a boutique stadium a bit closer (and its a great idea, 15k, 4 sides,roofs etc)

If the Federal Govt are so dumb that they are prepared to spunk another $10m to our lot, they deserve electoral oblivion

Just do it after you have paid us please

 

[pjennings]

Whilst floodlights and a stand brings Dibo's dream of a boutique stadium a bit closer (and its a great idea, 15k, 4 sides,roofs etc)

If the Federal Govt are so dumb that they are prepared to spunk another $10m to our lot, they deserve electoral oblivion

Just do it after you have paid us please

With Bob Graham on the board and Chris Holstein's daughter the second of Lawrie's councillors I suspect there is plenty of pork-barrelling to come from that side of politics as well.

Put simply - I'm happy to take the money from either. Ideally we physically get the extra $10million before the writs are called for the election and the liberals promise (and then deliver) further money during the campaign.

 

[Roy Law]

I do though, expect one of the major political parties to chuck in another $10 mil or so, for the community. After all "It's time!".

Many a true word said in jest!

 

[Roy Law]

Fozzie lost me years ago when he failed to give the Mariners any credit for their achievements.

 

[bikinigirl]

Fozzie lost me years ago when he failed to give the Mariners any credit for their achievements.

. and here was me thinking he was improving recently ... not that he had actually been complimentary - just not so negative

. i had even thought that with the new media deal he might have started to try and promote the local game instead of continually bagging it ... but this is the exact thing that will keep people away (and not just from the 'tongue)

 

[FFC Mariner]

Might have changed the thread title a bit too soon...............

http://m.theaustralian.com.au/sport...ners-out-of-mire/story-fn63e0vj-1226604580192

Deal at hand to get Mariners out of mire

• Anthony Klan and Ray Gatt
• March 25, 2013 12:00AM

THE owners of the Central Coast Mariners A-league soccer club are locked in negotiations with investor Michael Charlesworth in a bid to save the club and an associated $40 million sports complex from the brink of collapse.
The club, which is yet to pay its players this month, said it hoped to strike a deal today. The owners hope the deal will also help salvage the planned Mariners Centre of Excellence sporting and community complex.
As reported in The Weekend Australian, the complex has to date received more than $9m in federal government funding -- from a pledge of $10m made before the last federal election -- but construction has stalled, with builders owed hundreds of thousands of dollars.
In a statement yesterday, the club said legal documents outlining the conditions of a substantial investment by Mr Charlesworth, an IT entrepreneur, were being "reviewed by all parties".
"The intention of all parties is for the documents to be executed on Monday, allowing for the outstanding payments to all Central Coast Mariners employees to be completed early in the week," the statement said.

​

The latest moves come as The Australian can reveal one of the three owners of Mariners FC Developments, the company created to build the $40m complex, is separately the owner of a development company that collapsed two years ago, owing $14.1m.
Peter Turnbull, a director and one-third owner of Mariners FC Developments, was owner and sole director of East Coast Developments, which was placed in administration in February 2011.
Mr Turnbull said yesterday that his business was "not the only business caught by the GFC and the real estate crash" and that he was "prosecuting a case of negligence against certain parties".
He is also the chairman of the Mariners Football Club.
The other owners of Mariners FC Developments are Lyall Gorman, a former director of the Mariners Football Club, and Mr Charlesworth. Last Friday, Mr Charlesworth said no deal had been signed, despite reports to the contrary, but if he agreed to fund the Mariners Club he would take over the financial responsibility for the Centre of Excellence.
The Mariners have not only benefited heavily from federal taxpayer dollars, but have also received substantial funding from local ratepayers.
The Wyong Council, which has strong ties with the Mariners, has spent $100,000 sponsoring the club and last year launched a $100,000 bid to have British soccer star David Beckham visit, with much of the bill to be incurred by ratepayers.
Between 2006 and last year, longtime Mariners Football Club director Bob Graham was Wyong Mayor.
Mr Graham said yesterday he had always declared his conflict of interest and absented himself from any council meetings in which matters involving the Mariners were discussed. "I was out of the room for any of those decisions," Mr Graham said.
There is growing unrest among the Mariners players, who remain unpaid 10 days after their monthly wages were due.
The disgruntled players -- who have come under enormous financial stress, with several forced to borrow money from friends -- were at one stage understood to have looked at a form of protest before yesterday's match against Adelaide United.
The federal government made the $10m pledge to the Mariners after heavy lobbying by local member Craig Thomson.
Mid-last year the Australian Taxation Office launched legal action against former federal MP and former Mariners Football Club director Belinda Neal and at least one other director over more than $1.4m in unpaid debts. That debt remains outstanding.

 

[Ancient Mariner]

In a statement yesterday, the club said legal documents outlining the conditions of a substantial investment by Mr Charlesworth, an IT entrepreneur, were being "reviewed by all parties".

Sounds exactly what would be happening with the deal agreed last Thursday. Paperwork looked at today before signatures.

The Australian is just trying to sensationalize the story as much as possible.

I know, unusual for the Murdoch press.

 

[dibo]

There should be a google translate option for "Newspaper":

English: Parties have documents governing the debt equity swap with their lawyers for final examination and approval.

Newspaper: Crisis escalates - warring parties' lawyers enter the fray as takeover saga enters dramatic final stages.

 

[nebakke]

LOL! Looks like that may have been a VERY good call that dibo... Do you have insider information?

http://www.footballaustralia.com.au...lay/Mariners-ownership-changes-executed/63777

CENTRAL Coast Mariners FC are pleased to confirm that all legal documents relating to the change of majority ownership of the Club have this afternoon been executed.
Effective immediately, Mr Mike Charlesworth becomes the majority owner of Central Coast Mariners FC. Mr Peter Turnbull remains as Club Chairman.
Unless stated, the terms of the agreement are confidential.

 

[Mini In Bay 6]

No, I think he's probably seen enough of News Limited's "work" to make a fairly educated guess.

Personally I don't think the Australian or the Terrorgraph are fit for use in the lavvy, as I find crap sticks to crap.

 

[midfielder]

This is one of those posts when you find yourself torn between a group you like and a group you don’t like or trust …. But is there anything in what they say…

It’s obvious Mike Charlesworth has taken control of the club and COE an put some funds in… what is unclear is his long term plan….

SBS or specifically Fozzie [don’t get me started on Fozzie I cannot stand him, and what he has said about our club over the years] … Fozzie said its great news about Mike but it is tho he is in a holding position looking for investors …. He kinda indicated moving the club was still on the agenda…

I am beginning to loth Fozzie … is he shit stirring to get a tabloid type headline …. Not the way he presented it last night…

We do know we are asking for additional funding for the floodlights and grandstand … very strongly indicating the COE is still on schedule … the last time I was at the COE mid-December the walls where going up for the motel… Public statements by PB stating the aquatic centre is going ahead as well…

There is still lots of negative news out there about us ... a clear statement of intention would help with the media…. A mate of mine has a practice where he specialises with arts type folk… actors, singers etc included among his client base are a number of 7, 9, 10, 2, SBS, News & Fairfax folk and we just had a chat over a complex capital gains issue [we often sound things off each other] … he out of the blue said a number of folk where paying attention to our position… means nothing except if something goes wrong …. He reminded me of the Gold Coast [RL] and their COE where heaps of local tradeies never got paid and in the local area why the Titian's still have a lot to do to gain trust again ... he suggested this was probably the reason to see if history repeats…

OK starting to ramble now…. In a single sentence … it appears the local football media are not certain what’s going on, their general attitudes affect how others in the same organisations start to feel ...add recent history with other codes when a COE was involved…. Maybe the club should issue a broad ranging statement of intent even it says we are still looking for more investors…

I trust the club and because of past history don’t trust Fozzie … however there is still a lot of talk out there with lots of negative things being said....