Roar in me Blood
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The Ante story almost doesn't belong in the Circus thread. It is the historic number of such cases that makes it 'here's another one'. Kaz's explanation and transparency works for me. He can't say a thing because it will only make a complicated situation worse - it can do nothing to make it better before it goes to litigation and is more likely to increase the sum of damages being claimed. But it keeps the circus rolling and out of the main thread so I am all for it.
When I wear their colours, I am the club.
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numklpkgulftumch
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+xThe Ante story almost doesn't belong in the Circus thread. It is the historic number of such cases that makes it 'here's another one'. Kaz's explanation and transparency works for me. He can't say a thing because it will only make a complicated situation worse - it can do nothing to make it better before it goes to litigation and is more likely to increase the sum of damages being claimed. But it keeps the circus rolling and out of the main thread so I am all for it. Can't quite figure the logic link here, but maybe it makes sense Patafta today
"We were vocal last year about the straits the club was in, but in the time since we have cleared a significant amount of the club’s debt, including the payment of all previously pending legal settlements.
As a result the club’s financial performance in FY2023/24 is better than eight of the last nine years,"
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numklpkgulftumch
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Queensland’s sports minister has expressed his concern about Brisbane Roar’s future after the Australian Tax Office sought to have the club – the state’s sole A-League representative – wound up over unpaid debts. The ATO applied to wind up the club’s corporate entity on Wednesday, with the matter due to be heard in the Federal Court on July 4. Lots of links to previous misdemeanours in the article
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numklpkgulftumch
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https://www.brisbanetimes.com.au/national/queensland/brisbane-roar-takes-major-sponsor-to-court-claiming-130-000-in-missed-payments-20250629-p5mb2e.htmlBrisbane Roar takes major sponsor to court claiming $130,000 in missed paymentsBrisbane Roar is embroiled in a legal stoush with one of its major sponsors, taking the company to court over claims promotional payments of more than $130,000 are overdue. However, the sponsor Outkast claims it terminated their agreement because of Roar’s alleged contractual breaches, which included that the club had signed on a rival sponsor. Documents filed in the Supreme Court by the club in February claim there are multiple unpaid invoices by Outkast – a commercial design and construction firm – spanning several months.
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numklpkgulftumch
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Head-hunted execs and disputed debts: Brisbane Roar faces new wind up threat
Brisbane Roar Football Club, already facing a tax-office wind-up, is under new pressure, with the recruitment firm that headhunted the club’s senior executives pursuing the cash-strapped organisation for unpaid fees.
https://www.couriermail.com.au/business/qld-business/recruitment-firm-joins-tax-office-in-federal-court-windup-bid-for-brisbane-roar-football-club/news-story/76539065894061cec5398f318895965e
Michael Pulford (founder of Gold Coast recruitment firm Trend Personnel) claims he facilitated the 2023 appointment of both CEO Kaz Patafta and COO Zac Anderson –
but the Brisbane Roar has refused to pay his invoice.In documents lodged in the magistrates court case, BRFC concedes the appointment of the executives came about after Mr Pulford’s approaches to Mr Patafta and Mr Anderson, but denies it’s liable to pay the recruitment fee as they didn’t directly appoint Trend Personnel. . . . Mr Pulford said his fee consisted of a set percentage of the annual salary of the new recruits and that he had given the club a discounted invoice, based on discussions that Mr Patafta would be paid $180,000 and Mr Anderson $150,000.
The club failed to pay the invoice and Mr Pulford claims he later discovered higher pay packets – of $266,000 and $188,000 respectively – had been negotiated, so sent a new invoice, based on the higher salaries and without the discounted rate.
Trend Personnel is seeking $80,000 in damages in the magistrates court case.
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numklpkgulftumch
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The Australian Tax Office had sought to formally wind up the A-League club in May, escalating a long-running dispute dating back before Patafta's arrival in July 2023. The debt, understood to be more than $1 million, was paid on Wednesday in what Patafta told AAP was a "weight off the shoulders" of the once-mighty club. https://au.news.yahoo.com/roar-boss-hails-turning-point-041439814.htmlNo-one seems to have asked why it wasn't paid on time
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numklpkgulftumch
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Someone told Accountants Daily that Brisbane Roar was 68 years old
In May, the ATO applied to wind up the Brisbane Roar football club, which competes in the A-League, due to poor financial management and eye-watering tax debts that reached $1.5 million at its peak. The case was due to be heard in court in July, but the matter was adjourned to allow time for it to be settled outside of court. On Monday (18 August), the matter reached its official close in the Federal Court, which dismissed the originating process and made no order as to costs between the club and the ATO.
“As a football club, we are pleased that this matter has now been brought to a positive conclusion,” he said. “Our club is resilient and united. With this historical debt now resolved, we are firmly focused on the future and continuing the strong momentum already built through an outstanding pre-season – one that has seen us engage with thousands of football fans across multiple communities and deliver positive results on the pitch.” The club was founded 68 years ago and has been owned by the Bakrie Group, headed by Indonesian billionaire Nirwan Bakrie, since 2012. In May, Patafta said the issue had been related to “historical debts” that predated the club’s current management. “The club has been working collaboratively with the ATO over this matter for some time and has a plan in place to resolve it imminently,” he said. https://www.accountantsdaily.com.au/tax-compliance/21628-brisbane-roar-tax-debt-matter-dismissed-in-court-following-settlement
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numklpkgulftumch
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+xPatafta 2 days ago “Our club is resilient and united. With this historical debt now resolved, we are firmly focused on the future and continuing the strong momentum already built through an outstanding pre-season – one that has seen us engage with thousands of football fans across multiple communities and deliver positive results on the pitch.” 'Queensland Academy of Sport have pulled its support of
Brisbane Roar’s Women’s team due to unpaid bills.
A-League side left homeless weeks from season due to unpaid debtThe A-League has been thrust into a fresh crisis with Brisbane Roar’s women’s team left without a home weeks out from the start of the new season https://t.co/clPo4rZPRu
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numklpkgulftumch
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Kaz Patafta CEO Update.
"It's either the ATO's fault, or QAS, not us"
I wanted to provide you with an update after it was reported that we as a football club hold a debt owed to the Queensland Academy of Sport (QAS).
When the ATO contacted the club informing us of a historical debt owed to them, we naturally had to re-shift finances to ensure the debt was paid in full – this has happened.
Because of this, we authorised a payment plan with the QAS that both parties agreed on and one that is being honoured with a small amount remaining.
Regardless, the QAS has chosen to pull their funding.
Let it be clear however, that Brisbane Roar has a home at Brendale thanks to the immense support of the City of Moreton Bay, a home where our women’s program will relocate to for the commencement of pre-season in late September.
So, $1.5 million that was owed for over 2 years
Didn't the ATO offer a payment plan ?
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