By soccerfoo - 9 May 2024 6:45 PM
My gauge from the Peacock, Bozza & Slats podcast, Code Sports episode 3, is that Danny Townsend had driven the code into the ground, jobs for the boys, junket trips to the WC for a host of 'Keep Up employees' & the Worst tv deal in Australian pro sports' history. Yes, he was not alone in such an effort.
Apl refuse to hold an independent inquiry as well.
If it is true,
Apl are not showing Newcastle's financial returns, 'the books' therefore, the new owners are not signing off on the ownership atm.
Good work Conroy & Garcia.
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By someguyjc - 10 May 2024 2:08 PM
+x+x+x+xMy gauge from the Peacock, Bozza & Slats podcast, Code Sports episode 3, is that Danny Townsend had driven the code into the ground, jobs for the boys, junket trips to the WCfor a host of 'Keep Up employees' & the Worst tv deal in Australian pro sports' history. Yes, he was not alone in such an effort. Apl refuse to hold an independent inquiry as well. If it is true, Apl are not showing Newcastle's financial returns, 'the books' therefore, the new owners are not signing off on the ownership atm. Good work Conroy & Garcia. I dont think townsend is the main issue as much as institutional momentum The fa has a 260 million dollar budget, so it can cover big a league losses at the cost of taking money out of grass roots. The lowrys, while good businessmen, are also very rich which provides a second safety net. So the a league is used to a huge safety net so there is no need to look at commercial realities. When the a league broke free of course it was going to keep moving in the same consequence be damned trajectory. Worse, you had experienced business people out the door replaced by the inexperienced. Now they realize they have to keep costumers happy, they have to develop multiple revenue streams, better stadium deals, more care for youth development so that they can make money off transfers etc. If the lack of safety net means the a league crashes that is a problem that could set us back years. But if the a league manages to survive, however tenuously, then that is huge progress as a free fa has completely different incentives and can start fixing our grass roots as well as connecting the pyramid The Lowys were one of the reasons why the A-league was semi decently run. Again... That 2016-13 tv rights deal that pulled 120 million or 15-16 million a year wasn't sustainable when there were 10 sides and the salary cap was 2.2 million. When it came to the 2013-17 tv deal being 40 million a year, it was sustainable when A-league sides salary cap was 2.5 million per club or 25 million for all 10 clubs. That meant a spare 12-15 million. correction, the Lowys put the game on as a show like a book signing of a best seller hence decently run but once you got into more chapters it lost its good start and in vein you keep going but comes up a fizzer and wonder what all the fuss was about and leave it on the shelf never to be revisited.
Exactly. Lowy era definitely got people in the door, however they seemed to expect some sort of self sufficient organic growth but failed (or refused) to initiate any meaningful growth themselves.
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