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tsf
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+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink.  already Gonza  good bit of business
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Monoethnic Social Club
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+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business Looks better than "bonza" :P Did victory get much out of this for the couple of games it will be worn?
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numklpkgulftumch
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+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ?
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libelous
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+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? I think they would have had to pay AIA to use their logo!
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Quicky
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Group: Forum Members
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+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? I think they would have had to pay AIA to use their logo! Yeah thats logical...
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tsf
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Group: Forum Members
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+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL
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Monoethnic Social Club
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Group: Forum Members
Posts: 11K,
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+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed.
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libelous
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Group: Forum Members
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+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed. If true 🤫
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Monoethnic Social Club
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Group: Forum Members
Posts: 11K,
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+x+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed. If true 🤫 +x+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed. If true 🤫 No I believe it, its about what most NPL clubs get for the whole season front of shirt so why not?
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Hillbilly55
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Group: Forum Members
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+x+x+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed. If true 🤫 +x+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL Thats good business indeed. If true 🤫 No I believe it, its about what most NPL clubs get for the whole season front of shirt so why not? Someone said good business, doubly so for AIA, with Spurs coming a calling.
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numklpkgulftumch
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Group: Forum Members
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+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL That seems very generous Anyhow, who got the cash ? 777 got the rights for 4 years when they bailed MV out. Have 777 used it to purchase more of the club @ 10% compounding or did they just take it back overseas ?
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tsf
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Group: Forum Members
Posts: 14K,
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+x+x+x+x+x+xHope none of the disgruntled staff are at AAMI on Sunday ... I wouldnt want this splashed in my face if I was them. Especially after lining up for 2 days at Centrelink. already Gonza good bit of business How much ? and who got it ? Extra 50,000 for every week in the finals, so 100k after this weekend (50k each leg of next game - so 150k guaranteed), a bonus of 75k if they win the GF, with option to sponsor ACL That seems very generous look at TV ad spend etc, AIA have a tour coming up so it's good for both, when compared to other spend they'd need to do in media it makes sense for AIA - to MV
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tsf
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MV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there
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Monoethnic Social Club
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+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there One of my main distributors invited us to one of these 6-7 years ago now, indeed its an impressive turnout and the money does flow.... I spent the whole 2 hours chatting to Trimmers while sneakily binning the Victory merch forced on us :)
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numklpkgulftumch
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Group: Forum Members
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+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show.
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tsf
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Group: Forum Members
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+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative
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numklpkgulftumch
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Group: Forum Members
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+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ?
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tsf
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Group: Forum Members
Posts: 14K,
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+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong.
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numklpkgulftumch
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Group: Forum Members
Posts: 1.9K,
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+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million
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tsf
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Group: Forum Members
Posts: 14K,
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+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there One of my main distributors invited us to one of these 6-7 years ago now, indeed its an impressive turnout and the money does flow.... I spent the whole 2 hours chatting to Trimmers while sneakily binning the Victory merch forced on us :) ha!
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tsf
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Group: Forum Members
Posts: 14K,
Visits: 0
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+x+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million they will have no problem paying for what they need. They have that many people (not just brands) willing to give them cash. Stand at the bar at the pre-game function and every old Italian/greek etc multi national developer/construction type is standing around having a chinwag about the team They win the GF, they will most likely beat this year's membership numbers too, increase match day revenue next year.
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Monoethnic Social Club
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Group: Forum Members
Posts: 11K,
Visits: 0
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+x+x+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million they will have no problem paying for what they need. They have that many people (not just brands) willing to give them cash. Stand at the bar at the pre-game function and every old Italian/greek etc multi national developer/construction type is standing around having a chinwag about the team They win the GF, they will most likely beat this year's membership numbers too, increase match day revenue next year. Dont count on alot of those old Greeks and Italians mate... some of them have started showing their mugs around the NPL clubs again :)
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tsf
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Group: Forum Members
Posts: 14K,
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+x+x+x+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million they will have no problem paying for what they need. They have that many people (not just brands) willing to give them cash. Stand at the bar at the pre-game function and every old Italian/greek etc multi national developer/construction type is standing around having a chinwag about the team They win the GF, they will most likely beat this year's membership numbers too, increase match day revenue next year. Dont count on alot of those old Greeks and Italians mate... some of them have started showing their mugs around the NPL clubs again :) There's cash for everyone! 
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Monoethnic Social Club
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+x+x+x+x+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million they will have no problem paying for what they need. They have that many people (not just brands) willing to give them cash. Stand at the bar at the pre-game function and every old Italian/greek etc multi national developer/construction type is standing around having a chinwag about the team They win the GF, they will most likely beat this year's membership numbers too, increase match day revenue next year. Dont count on alot of those old Greeks and Italians mate... some of them have started showing their mugs around the NPL clubs again :) There's cash for everyone! I dont think this still passes as legal tender .... lol 
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numklpkgulftumch
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Group: Forum Members
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+x+x+x+x+x+x+xMV is a very well-run club. I have been to a few of the Victory in business lunches, these are not some hodge podge events. There are lots of big names in business, politics and sport in the room at crown. I am often surprised by who is there Melbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show. They made money for over a decade...they have a recent bad period - so what? The best-run football club Australia has ever seen. Biggest crowds, biggest revenue - they are lucky to have been given an opportunity in the a-league, granted, but it's the truth. There are some other great clubs, but the scale is different. instead of just posting random searches off the internet how about actually contributing something of essence? I feel like a lot of the time you're not even fully aware/or understand what you are posting just looking for something that sounds negative Couldn't give a toss about the closed shop or how it's set-up benefitted any franchise 10 or 20 years ago My 'random' posts are documenting how fucked the 'best run football club Australia has ever seen' is right now Totally beholden to a Vampire Ponzi scheme, with no visible way out. Here's one of your Business Lunch regulars Richard Wilson, a founding director and shareholder of Melbourne Victory, said the deal “wipes the value of the shares” because of the option for 777 Partners to walk away. “It effectively wipes the value of the shares [for up to five years],” said Wilson, who resigned from the board in 2021 over a disagreement about the direction of the club. “It makes it almost impossible for a shareholder to sell their shares. You could sell to somebody who’s going to walk straight into a minority position where the shares are worthless.” He said he saw the deal was “borrowing time” instead of affirming the club’s future. “So the risk to the fans is that no matter [what the club] says about ‘this brings certainty, it brings security’ – no it doesn’t ... [the investor] can walk away from it any time they like,” Wilson said. Doesn't look like Victory can get any more cash now unless 777 put it in So, does the AIA money stay in, or go to Bermuda ? You get your information from random fairfax articles or searching the entire internet for info about 777 - no actual insights Do you honestly think any of this will affect MV? Do you know how many people with cash and influence they have as members and are willing to contribute? Even after all the pitch invasion not a single sponsor left in response, not KFC, not even Joe's milk bar. In fact, they got more brands on board. Well after you've given up googling 777 or they go bust (which would help MV), MV will still be there, and strong. OK, let's assume you're right, there's a simple question Where's the cash for next Season coming from ? I'm guessing you'll need about $4 or 5 million they will have no problem paying for what they need. They have that many people (not just brands) willing to give them cash. Stand at the bar at the pre-game function and every old Italian/greek etc multi national developer/construction type is standing around having a chinwag about the team looks like you're going to find out Josh Wander and Steve Pasko have been removed from the board of the football division of 777 Partners after bankruptcy specialists were called in.
By Paul Brown and Philippe Auclair
If all the talk this week has been about Everton potentially having to go into administration as a result of doubts over their takeover by 777 Partners, it is actually the Miami firm itself which is fighting for its future having called in the receivers, as confirmed in an internal email signed by owners Josh Wander and Steven Pasko, which Josimar has seen, and which was shared with staff on Thursday. Ian Ratner and Ron Glass of B. Riley Advisory Services have been brought in "to take on governance roles within our organisation". What these roles will be with 777 Partners may be inferred by their past records. Mr Ratner lists "bankruptcy advisory services" and "bankruptcy litigation" among his areas of expertise, while Mr Glass, who has also worked as a liquidating agent and a receiver, quotes "bankruptcy proceedings" and "crisis management" in his. Another B. Riley executive, Mark Shapiro, has been called in to oversee the company’s operations as ‘interim Chief Operating Officer’. Mr Shapiro too has a wealth of experience in “restructuring” and bankruptcy proceedings
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numklpkgulftumch
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Not many fans want their club to park the bus
777 Partners troubles mount as fans block Standard Liège from travelling
May 13
Supporters’ protests forced 777 Partners-owned Standard Liège to postpone their league match with Westerlo after the team coach was blocked from reaching the stadium.
The fans of the Walloon club have long been disgruntled with club management under its US ownership.
They stepped up their protests this weekend by preventing the team bus from leaving the training centre.
“Attempts at discussions with these supporters did not find a solution to lift the blockage,” a club statement said.
“Standard Liège deeply regrets this situation and apologises to KVC Westerlo as well as to the supporters of both camps present at the stadium this evening.”
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numklpkgulftumch
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Group: Forum Members
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Wander & Pasko kicked off the Board at Standard Liege
and the CEO has resigned
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numklpkgulftumch
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Group: Forum Members
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Vasco de Gama management claim 777 are insolvent
Then Brazillian Judge kicks all the 777 Board members out of the Club
Never a dull moment
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numklpkgulftumch
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Group: Forum Members
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 Rumours of both Vasco De Gama & Standard Liege
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libelous
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Does anyone know how much of MV the 777 Partners own?
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