Cobb quits Roar - reports [Comments]


Cobb quits Roar - reports [Comments]

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BenSomerford
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Brisbane Roar managing director Daniel Cobb has stood down from his role, according to reports.

https://twitter.com/The_Near_Post
https://the-near-post.com/

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Stood down from Roar ....... and submitted a one-time offer to buy the club from the Bakries.

It's out up or shut up time. Gallop must be praying they say yes lol
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LOL.


-PB

https://i.imgur.com/batge7K.jpg

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Also turns out Cobb paid the wages on Tuesday.
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and the REALLY bad news is Polenz is still on the books, there wasn't enough money to pay his contract out. ffs, if you made this stuff up they'd laugh at you
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Waz - 17 Aug 2016 7:16 PM
and the REALLY bad news is Polenz is still on the books, there wasn't enough money to pay his contract out. ffs, if you made this stuff up they'd laugh at you

What a joke of a club.

I'm out.

;)

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Cobb might not be all good, but if he payed the players wages out of his own pocket then he cannot be all bad either.
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paulbagzFC - 17 Aug 2016 7:00 PM
LOL.


-PB



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Gruen - 17 Aug 2016 7:21 PM
Cobb might not be all good, but if he payed the players wages out of his own pocket then he cannot be all bad either.

:D Wait you actually believe him, oh dear.
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Huge respect if Cobb did pay the wages out of his own pocket. But Polenz still being on the books because they couldn't afford to pay out his contract is an absolute disgrace. What a shambles.
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Some staff at the club confirmed he used his own money. Internet trolls stand down ..
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Waz - 17 Aug 2016 7:26 PM
Some staff at the club confirmed he used his own money. Internet trolls stand down ..

5 bucks?
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I can't seriously believe a word Cobb says .
All this is playing out as I expected.Once the money dried up he left.Its just it dried up earlier than Cobb planned.Probably the Bakries smelt a rat.
If Cobb had submitted a bid already then why would that not have been accepted?
Why would he need to put in a new bid ,if the old bid required all debts to be paid?
Why would he buy a club that loses big money ,when he is not that wealthy?

He was probably hoping to sign Dexter Roxales as a marquee.
Edited
9 Years Ago by crimsoncrusoe
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Cobb is a sleazy prick, don't trust a word he says.
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walnuts - 17 Aug 2016 7:38 PM

You finished below the circus, how embarrassing for you lol
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Waz - 17 Aug 2016 7:26 PM
Some staff at the club confirmed he used his own money. Internet trolls stand down ..

That makes him a creditor that can wind up the Bakries

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P.S









and






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https://www.youtube.com/watch?v=aa6UlTgwZCg




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crimsoncrusoe - 17 Aug 2016 7:34 PM
I can't seriously believe a word Cobb says .
All this is playing out as I expected.Once the money dried up he left.Its just it dried up earlier than Cobb planned.Probably the Bakries smelt a rat.
If Cobb had submitted a bid already then why would that not have been accepted?
Why would he need to put in a new bid ,if the old bid required all debts to be paid?
Why would he buy a club that loses big money ,when he is not that wealthy?

He was probably hoping to sign Dexter Roxales as a marquee.

I think I'm in this grouping.

The more I think about it the worse it gets.  He's supposed to be in charge?  Then he would know or should know the state of the accounts and whether or not there is money in the bank sufficient to meet the payroll.  Hasn't he been the one responsible for hiring more staff and Ballymore and talking up how he has opened the purse?  He was doing this without knowing whether he could pay for it or not?  Wonder if he got paid ok?  Was he using a credit card to top up the account or?

I find it difficult to believe that the self-announced man in charge doesn't have a clue if there is enough in the account or not to cover this month's bills and act strongly in advance of the clear embarrassment to surely follow on the day of failure.
I find it even harder to swallow that he wouldn't be shown the door immediately if he didn't know.  That's a major failure if it occurred.

Old mate Bakrie must scratching his head at the quality of local execs for hire.


Edited
9 Years Ago by SWandP
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Waz - 17 Aug 2016 7:26 PM
Some staff at the club confirmed he used his own money. Internet trolls stand down ..

Bankruptcy treats some better than others apparently.

His money my ass.
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#trouble


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SWandP - 17 Aug 2016 8:24 PM
crimsoncrusoe - 17 Aug 2016 7:34 PM

I think I'm in this grouping.

The more I think about it the worse it gets.  He's supposed to be in charge?  Then he would know or should know the state of the accounts and whether or not there is money in the bank sufficient to meet the payroll.  Hasn't he been the one responsible for hiring more staff and Ballymore and talking up how he has opened the purse?  He was doing this without knowing whether he could pay for it or not?  Wonder if he got paid ok?  Was he using a credit card to top up the account or?

I find it difficult to believe that the self-announced man in charge doesn't have a clue if there is enough in the account or not to cover this month's bills and act strongly in advance of the clear embarrassment to surely follow on the day of failure.
I find it even harder to swallow that he wouldn't be shown the door immediately if he didn't know.  That's a major failure if it occurred.

Old mate Bakrie must scratching his head at the quality of local execs for hire.


Not standing up for Cobb but it looks as though Bakrie hasn't followed an agreed plan which included the mystery $2m.  Same thing happened to Dobson and Pourre.

In a P&R world this shit wouldn't matter.

The shit can sink.


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Credit to Yowie Dude




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B's now saying they fired Cobb.... 
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Anyone know if the FFA have finished garnishing the TV payments? Sure doesn't look like it.


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View from the fence - 17 Aug 2016 9:42 PM
Anyone know if the FFA have finished garnishing the TV payments? Sure doesn't look like it.

Timmy pls.

-PB

https://i.imgur.com/batge7K.jpg

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Ffa needs a big look at the model If no one wants to buy a successful club with 3rd highest crowd, and only team the state.

Wake me up when September ends. Roar off season drama provides to much entertainment 
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It's worse. It's actually worse than last year.

Oh dear.
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Fox is reporting he was sacked


Brisbane Roar sacks managing director Daniel Cobb
BRISBANE Roar sacked Daniel Cobb before he claimed to have stood down as the club’s managing director.Cobb’s tumultuous Roar tenure of less than three months is over.He was axed as managing director on Wednesday, and is also no longer the club’s interim CEO, despite last night meeting with fans to discuss the club’s future.Roar owners, Indonesian conglomerate the Bakrie Group, are also set to reject a “walk in, walk out” offer from Cobb - different to an initial proposal he made in June - to buy the club.The Bakrie Group, who first bought into the Roar in October 2011, intend to retain ownership of the club after being given an ultimatum from Football Federation Australia to either sell the three-time A-League champions or properly fund them.

A club spokesman claimed the Bakries’ were “fully committed” to recapitalising and developing the Roar.However, it’s understood there is a local consortium, which includes former LNP state MP Robert Cavallucci, interested in buying into the club.Minutes from a Roar directors’ meeting – minus Cobb - on Tuesday, show the decision was made to remove Cobb as a director.At the same meeting, East Coast Car Rentals chief executive Mark Kingsman was appointed as a new director to replace Cobb.Kingsman will be the Bakries’ man on the ground in Queensland.However, the Bakries will send financial officers to Brisbane, potentially as early as Thursday, to help sort out the club’s monetary problems.

They were again highlighted when Cobb threw the Bakries under the bus on when fronting FFA chief executive David Gallop about the Roar owners’ failure to meet this month’s payday deadline and alleged reneging of an injection of $1.1 million into the club.Already offside with the Roar’s football department, particularly coach John Aloisi and football director Craig Moore, Cobb alienated himself further by turning on the Bakries, leading to his dismissal.

With Cobb gone, the future of some other off-field staff who had worked closely with him during his time at the club, including current Football Brisbane president Brendan Boss, is clouded.On Wednesday Cobb had claimed he was standing down as Roar managing director and that he had been forced to dig into his own pocket to pay wages and medical expenses.He also doubted the club’s ability to again make Ballymore their training and administration base.

The Roar must pay a season-long rental fee of $300,000 to Ballymore owners the Queensland Rugby Union by Friday to start training at the Herston venue on Monday, as had been planned.It’s understood the first instalment of departed German fullback Jerome Polenz’s severance pay, which was due on Tuesday, has yet to be paid.


http://www.foxsports.com.au/football/daniel-cobb-steps-down-as-roar-director-will-make-new-offer-to-buy-club-from-bakrie-group/news-story/9db5444418bf9a97f6ba60175818d240

Edited
9 Years Ago by StiflersMom
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