Something something Rats, ship, sinking

https://x.com/OffshoreAlert/status/1836399045377691765

Amazing MV dinner for the business community last night. 

Quite remarkable the amount of sponsors the club has retained over the years, but also new ones coming in. 

Also mini deals like the amazing hook up with insurance company for the spurs tour

And bonza going belly up, allowing Turkish airlines to immediately waltz in, you couldn't plan it. 

That sounds great for MV. Expecting a big year for MV.

Let's see though, in years past I expected a good team on pitch and didn't eventuate. 

MV have had a great pre-season, however not sure how hard they have been tested. We will see Saturday.

Kisnorbo looks as if he's more fitness than tactical

Club Shop has dumped last Seasons Kit already

surprised it wasn't on sale earlier if that's the case

It probably was. 

Football in Australia for the last 50 years.

Everyone else has them for Sale at a discount. ( eg City have theirs at $80 )

Jim Kidds taken them all for a few dollars each

If the Bonza connection is that embarrassing why not just bin them ? 

or maybe MV can't afford to turn down quick bucks ?

Nothing abnormal about this. And it is a $100 less than the original price.

I think it's just the fact it's out of date... go to any Rebel Sport and look for the clearance rack.

What's your bent against Victory? 

Life long City fan

Oh man if you put the same effort you do trolling Victory you'd have a banging Citeh thread

meanwhile in Florida

https://theedgemalaysia.com/node/727378

Meanwhile in London



777 partners UK , insolvent, wound up.

Meanwhile in USA



https://www.abc.net.au/news/2024-10-01/bonza-airline-investors-probed-by-authorities-money-laundering/104412908

So you are only about 14, then ?

Shhhh !  

Can't have Victory fans thinking it's not all about them

If only you where 5 years older you could have been a life long fan of one of the more storied franchises..... hahahahahah

Is Victory done with 777 now? No more ties?

They own 19%

and have the rights to buy another 51% for 3+ more years.

All in the thread

They only have the rights to buy more if they stump up more money which they aren't and likely won't be able to. They'll end up selling their 19%. 

By all reports A-Cap are running the football part of 777 now, and no-one knows what their strategy is

They look like they're trying to sell some of the clubs, but there's been no mention of MV anywhere.

The 51% rights mean that no-one else can put money in til 2028

Given the problems selling NJ, PG and Canberra, it's hard to say whether the 19% is worth anything at all, or the rights.
Costs A-Cap nothing just to sit tight and see if the APL manages to pull a rabbit out the hat in the next 3 years

In the meantime I guess MV have to find a way to run at breakeven for 3 seasons

For reference,
MV lost $6.7 million in 2021-22, back then they got $2.5m from the APL distribution
https://www.smh.com.au/sport/soccer/record-financial-loss-at-melbourne-victory-as-us-ownership-looms-20221231-p5c9kr.html

Looking like A-Cap has agreed to vary (stretch out) the repayment of 777s $400m loan to Everton

Freidken Group likely to pay some back when they takeover and the rest going on a payment plan with Share purchase rights.

Sound familiar ?

Yep. Worked out fine for MV. 

Not sure if this is new, havent been following this story closely
https://josimarfootball.com/2024/10/07/777-partners-in-crime/

Hmmm do I buy the yacht if I win Powerball OR shares in Melbourne Victory? hahahahha Both could sink overnight???? hahahahahah

777 and titanic seems a good fit.
I read an article the other day all is normal re MV, you got wonder how considering a 19% investor is at the bottom of the sea.