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Turbulence (then calm sailing, then turbulence) thread.
- Thread starter Gratis
- Start date
Dutch Wives
Well-Known Member
I should hope we aren't getting any Chinese investment. TERRIBLE Idea, I can see it ending in disaster. Will try to squeeze and milk the Club and Academy for all it's worth.
I really really hope PT is asking Lawrie for advice, scary stuff.
I really really hope PT is asking Lawrie for advice, scary stuff.
Not sure, but no one wants to be born under the year of the snake as they believe anyone that is is unlucky
midfielder
Well-Known Member
http://www.theaustralian.com.au/spo...ed-a-league-club/story-e6frg7mf-1226599532949
CENTRAL Coast Mariners have struck financial problems again after it was revealed the A-League club could not pay its players last week.
The Australian understands the players and staff did not receive their regular payment on Thursday and only learned of the problem after arriving back in Sydney on Friday following the 3-1 loss to Kashiwa Reysol in the Asian Champions league.
Concerned players were subsequently told they will receive their money either today or tomorrow.
Despite the drama, the Mariners produced a gallant effort to beat Brisbane Roar 1-0 yesterday.
It is believed this is the second time this season the club has been late with the payment of wages.
The financial plight is not new for the Mariners, who are the battlers of the A-League.
Central Coast have had financial problems for a number of seasons and it reached a head 12 months ago when embattled owner Peter Turnbull was forced to deny to The Australian that he was handing back the licence for the club.
There has been interest from a Russian group but that has been ongoing for almost two years and is unlikely to eventuate.
Turnbull revealed in January that there was interest from two Asian groups in the Mariners and said the time was right for the club to "further broaden its financial base."
The Australian is seeking comment from Central Coast officials.
CENTRAL Coast Mariners have struck financial problems again after it was revealed the A-League club could not pay its players last week.
The Australian understands the players and staff did not receive their regular payment on Thursday and only learned of the problem after arriving back in Sydney on Friday following the 3-1 loss to Kashiwa Reysol in the Asian Champions league.
Concerned players were subsequently told they will receive their money either today or tomorrow.
Despite the drama, the Mariners produced a gallant effort to beat Brisbane Roar 1-0 yesterday.
It is believed this is the second time this season the club has been late with the payment of wages.
The financial plight is not new for the Mariners, who are the battlers of the A-League.
Central Coast have had financial problems for a number of seasons and it reached a head 12 months ago when embattled owner Peter Turnbull was forced to deny to The Australian that he was handing back the licence for the club.
Turnbull, a property investor who has the controlling interest and has poured $6 million into the club, has been trying desperately to find a buyer for several years.There has been interest from a Russian group but that has been ongoing for almost two years and is unlikely to eventuate.
Turnbull revealed in January that there was interest from two Asian groups in the Mariners and said the time was right for the club to "further broaden its financial base."
The Australian is seeking comment from Central Coast officials.
Ancient Mariner
Well-Known Member
Must be that time of year again.
The crunch has to come soon.
The crunch has to come soon.
I should hope we aren't getting any Chinese investment. TERRIBLE Idea, I can see it ending in disaster. Will try to squeeze and milk the Club and Academy for all it's worth.
I really really hope PT is asking Lawrie for advice, scary stuff.
Not sure, but no one wants to be born under the year of the snake as they believe anyone that is is unlucky
Hey PHANTOM , how are da russians?
Gratis
Well-Known Member
This said I'll believe it when it happens -
"Mariners' majority owner Peter Turnbull has recently been in discussions with two different Asian investors about selling the club and Football Federation Australia confirmed the Gosford-based club was closing in on a deal."
Read more: http://www.smh.com.au/sport/a-leagu...o-sell-club-20130318-2gb16.html#ixzz2NvIJWiCu
"Mariners' majority owner Peter Turnbull has recently been in discussions with two different Asian investors about selling the club and Football Federation Australia confirmed the Gosford-based club was closing in on a deal."
Read more: http://www.smh.com.au/sport/a-leagu...o-sell-club-20130318-2gb16.html#ixzz2NvIJWiCu
Gratis
Well-Known Member
and some slightly different angles-
Takeover failure may sink Central Coast Mariners
by:Ray Gatt
THE future of the Central Coast, one of the most successful clubs in the A-League, could be in jeopardy if a restructure of its ownership fails.
Football Federation Australia has confirmed that discussions are under way for one of the club's investors to take a controlling interest in the embattled Mariners and take on their considerable debts, although fears emerged yesterday that the move might have come too late.
English businessman Michael Charlesworth is understood to have been negotiating for several weeks with FFA and the Mariners' major stakeholder and chairman, Peter Turnbull, to take the reins of the club, which has had mounting financial problems for the past three or four seasons.
The situation came to a head after The Australian revealed exclusively on its website yesterday morning that players and staff had not been paid last week and were told they would get their wages either yesterday or today. As of 5pm yesterday, no money had been deposited into their accounts.
That follows news the club was told last week that its back-of-shirt sponsor, Primo Smallgoods, would not renew its $250,000-a-season, three-year contract next season. The Australian foreshadowed that move in January.
It also has been revealed the Mariners made an application to FFA recently for a special assistance financial package but were knocked back.
While a club insider denied its future was in doubt, different sources claimed the situation was "dire" and "the worst it has ever been".
Turnbull, a property investor who has poured $6 million into the club, has been searching for a buyer for several years.
While Charlesworth is seen as the Mariners' likely saviour, it is understood a Melbourne consortium has been looking at the club with a view to relocating to Geelong.
A businessman who shares his time between his eastern suburbs home in Sydney and England, Charlesworth owns Mediatel, a global mobile phone number company.
He has been with the Mariners for the past two years and, like Turnbull, has been know to pay many bills out of his own pocket. But as much as he has a passion and desire to get the club out of its financial mess, The Australian understands he may be wavering.
FFA meanwhile will be eager to ensure the survival of the Mariners as it can't afford to lose another club following the demise of North Queensland Fury (2010-11) and Gold Coast United (last season). Losing the Mariners would reduce the competition to nine teams and also adversely affect the $160m, four-year television deal FFA signed last November.
However, FFA is unlikely to rescue the club should it go under, as it is already heavily committed to funding the Wanderers, which it owns.
http://www.theaustralian.com.au/spo...l-coast-mariners/story-fn63e0vj-1226600104851
Central Coast and Football Federation Australia aren't concerned about the financial status of the A-League club despite their failure to pay employees on time last week.
Players and staff were not paid last Friday as scheduled, though it is believed they will receive their wages on Monday or Tuesday.
Mariners chairman Peter Turnbull downplayed any concerns.
"It is accepted that each of the A-League clubs run at an annual deficit," Turnbull told AAP in an email.
"We have various contingencies to manage this throughout the season, and unfortunately on this occasion we have been a couple of days late."
Another Mariners official said staff had been paid three days early for the past six to eight months.
He said the Mariners had recently made a $750,000 payment to the Australian Taxation Office for monies to be distributed to Mariners employees.
A-League boss Damien de Bohun wasn't fazed by the Mariners situation.
"Central Coast Mariners have been going through I guess some different issues in terms of their ownership which we are working through," de Bohun said.
"From our perspective, it's just something that's gone out by a couple of days and (will) get resolved very quickly."
Asked if he thought the club were close to resolving their ownership issues, de Bohun said: "Yes there's no question about that".
Turnbull didn't hint at any imminent resolution.
"Central Coast Mariners Football Club continues to seek investment from interested parties, including from within our own shareholder base," Turnbull said.
http://au.news.yahoo.com/thewest/sport/a/-/soccer/16392880/mariners-ffa-not-worried-about-pay-woes/
Takeover failure may sink Central Coast Mariners
by:Ray Gatt
THE future of the Central Coast, one of the most successful clubs in the A-League, could be in jeopardy if a restructure of its ownership fails.
Football Federation Australia has confirmed that discussions are under way for one of the club's investors to take a controlling interest in the embattled Mariners and take on their considerable debts, although fears emerged yesterday that the move might have come too late.
English businessman Michael Charlesworth is understood to have been negotiating for several weeks with FFA and the Mariners' major stakeholder and chairman, Peter Turnbull, to take the reins of the club, which has had mounting financial problems for the past three or four seasons.
The situation came to a head after The Australian revealed exclusively on its website yesterday morning that players and staff had not been paid last week and were told they would get their wages either yesterday or today. As of 5pm yesterday, no money had been deposited into their accounts.
That follows news the club was told last week that its back-of-shirt sponsor, Primo Smallgoods, would not renew its $250,000-a-season, three-year contract next season. The Australian foreshadowed that move in January.
It also has been revealed the Mariners made an application to FFA recently for a special assistance financial package but were knocked back.
While a club insider denied its future was in doubt, different sources claimed the situation was "dire" and "the worst it has ever been".
Turnbull, a property investor who has poured $6 million into the club, has been searching for a buyer for several years.
While Charlesworth is seen as the Mariners' likely saviour, it is understood a Melbourne consortium has been looking at the club with a view to relocating to Geelong.
A businessman who shares his time between his eastern suburbs home in Sydney and England, Charlesworth owns Mediatel, a global mobile phone number company.
He has been with the Mariners for the past two years and, like Turnbull, has been know to pay many bills out of his own pocket. But as much as he has a passion and desire to get the club out of its financial mess, The Australian understands he may be wavering.
FFA meanwhile will be eager to ensure the survival of the Mariners as it can't afford to lose another club following the demise of North Queensland Fury (2010-11) and Gold Coast United (last season). Losing the Mariners would reduce the competition to nine teams and also adversely affect the $160m, four-year television deal FFA signed last November.
However, FFA is unlikely to rescue the club should it go under, as it is already heavily committed to funding the Wanderers, which it owns.
http://www.theaustralian.com.au/spo...l-coast-mariners/story-fn63e0vj-1226600104851
Central Coast and Football Federation Australia aren't concerned about the financial status of the A-League club despite their failure to pay employees on time last week.
Players and staff were not paid last Friday as scheduled, though it is believed they will receive their wages on Monday or Tuesday.
Mariners chairman Peter Turnbull downplayed any concerns.
"It is accepted that each of the A-League clubs run at an annual deficit," Turnbull told AAP in an email.
"We have various contingencies to manage this throughout the season, and unfortunately on this occasion we have been a couple of days late."
Another Mariners official said staff had been paid three days early for the past six to eight months.
He said the Mariners had recently made a $750,000 payment to the Australian Taxation Office for monies to be distributed to Mariners employees.
A-League boss Damien de Bohun wasn't fazed by the Mariners situation.
"Central Coast Mariners have been going through I guess some different issues in terms of their ownership which we are working through," de Bohun said.
"From our perspective, it's just something that's gone out by a couple of days and (will) get resolved very quickly."
Asked if he thought the club were close to resolving their ownership issues, de Bohun said: "Yes there's no question about that".
Turnbull didn't hint at any imminent resolution.
"Central Coast Mariners Football Club continues to seek investment from interested parties, including from within our own shareholder base," Turnbull said.
http://au.news.yahoo.com/thewest/sport/a/-/soccer/16392880/mariners-ffa-not-worried-about-pay-woes/
Gratis
Well-Known Member
I believe the club's under real pressure but I can't believe anyone will let it go down. surely it's just a matter of time before investment.
the idea of being relocated to geelong, well that just makes me sick to the core.
the CoE being sessile suggests it's an unlikely option IMO
the idea of being relocated to geelong, well that just makes me sick to the core.
the CoE being sessile suggests it's an unlikely option IMO
kevrenor
Well-Known Member
More burley, or is that blood, in the water!
Tom Smithies, Daily Telegraph (via Herald Sun)
http://www.heraldsun.com.au/sport/f...gain-says-report/story-e6frfg8x-1226599593884
Seb Hassett, SMH
http://www.smh.com.au/sport/a-leagu...d-amid-plans-to-sell-club-20130318-2gb16.html
Tom Smithies, Daily Telegraph (via Herald Sun)
http://www.heraldsun.com.au/sport/f...gain-says-report/story-e6frfg8x-1226599593884
Seb Hassett, SMH
http://www.smh.com.au/sport/a-leagu...d-amid-plans-to-sell-club-20130318-2gb16.html
Tassiemariner
Well-Known Member
"While Charlesworth is seen as the Mariners' likely saviour, it is understood a Melbourne consortium has been looking at the club with a view to relocating to Geelong."
F#&K. OFF.
F#&K. OFF.
"The club's situation was not helped by the poor crowd of 7225 at Sunday's 1-0 win over Brisbane, which kept alive Arnold's hopes of overtaking the Wanderers in the last two rounds of the season."
This stuff really annoys me. They fail to mention that we drew a larger crowd than both Perth & Heart (and I think Adelaide as well) despite the match being on a Sunday afternoon. Some perspective in the reporting would be nice, but it's easier to point out only the negatives.
This stuff really annoys me. They fail to mention that we drew a larger crowd than both Perth & Heart (and I think Adelaide as well) despite the match being on a Sunday afternoon. Some perspective in the reporting would be nice, but it's easier to point out only the negatives.
.Tassiemariner
Well-Known Member
midfielder
Well-Known Member
Would appear the shit has hit the fan... wonders aloud if Gosford & Wyong councils and local chamber of commerce would put in some holding funds to keep the team on the Coast...
With a federal election coming and our swinging seats some Commonwealth Funding also maybe...
Maybe a big push by the local media to get a 20K crowd for the last home game would help as well...
With a federal election coming and our swinging seats some Commonwealth Funding also maybe...
Maybe a big push by the local media to get a 20K crowd for the last home game would help as well...
midfielder
Well-Known Member
We seem to be in the shit big time....
What amazes me is we have built at the COE a football training facility unequalled in Australia by any other code ... in time it too will fall into the hands of the highest bidder .... either the NRL or AFL ... fail to see why we would be let go ... our plan has always been a 15 year plan given the RL heartland the CC once was...
But to let go of these key assets ... an International Football School.... the COE .... two youth academies ... if we are not worth saving in our current location and what has been achieved by the club... well I wonder outside Sydney, Melbourne & Brisbane what do FFA care about... Eight years of community development with the local park junior teams to develop them into Mariner supporters when they grown up ...
I feel sick.... so much effort and to see all this lost to Geelong and the lost of all the key assets developed for long term survival in place .... wonders aloud if FFA have their heads up their backside...
What amazes me is we have built at the COE a football training facility unequalled in Australia by any other code ... in time it too will fall into the hands of the highest bidder .... either the NRL or AFL ... fail to see why we would be let go ... our plan has always been a 15 year plan given the RL heartland the CC once was...
But to let go of these key assets ... an International Football School.... the COE .... two youth academies ... if we are not worth saving in our current location and what has been achieved by the club... well I wonder outside Sydney, Melbourne & Brisbane what do FFA care about... Eight years of community development with the local park junior teams to develop them into Mariner supporters when they grown up ...
I feel sick.... so much effort and to see all this lost to Geelong and the lost of all the key assets developed for long term survival in place .... wonders aloud if FFA have their heads up their backside...
iEatHands
Well-Known Member
All FFA give a flying F#%K about at the moment is WSW! And they don't even average a much higher attendence than we do! If the ALeague is dropped to 9 teams the broadcasting deal is probably null and void and its back to the drawing board, I doubt the FFA can sit idle and let that happen!
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