Official Cronulla Sharks Board + Management

Nulla Boy

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Finally got to read a copy of the Leader today and saw the back page story of us wiping off our debt. What great news! Or is it?

I then go on Facebook and there's a story now of a mystery investor that has done this and people are saying there's no transparency over the deal and the implication is that the current board are doing something shady. There are comments on there that are obviously from supporters of the old board.

Ok, I am not interested in the politics of all this. We said, they said etc. And I'm not a great one for understanding how businesses are run. But can anyone give me an unbiased opinion of how this debt has been wiped off and if it has been done properly?

Fat chance of that happening.
 

fitz

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As with, global and federal politics and most social policy, it is way too easy for people to slot themselves into, or slot others into, an us versus them scenario.

This is a weak-minded reflexive approach.

It's up there with "goodies" and "baddies"

Stupid people think of the world like that.

I must admit, there are some aspects and directions that I agree with in direction of OUR Club.

However, I must say that there are a lot of those things that were just not economically possible prior to the approval of the Property Development.

At some stage, that needs to be acknowledged and embraced.

Personally, I see the current Board as a bunch of pirates.

At no stage did any of them support the Development, offer partnership agreements or investment or support. No submissions made, no attendance at rallies, no presentations to PAC... nothing.

Let's be real here - most of them struggled to even establish proof that they were legitimately allowed to contest the role of director.

They saw a Club that was weakened from the ASADA issue and had a guaranteed Development under its wing and decided to go for a hostile takeover.

Nothing more ... nothing less.

Pirates.

Cowards.
 

fitz

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So, all things considered, nothing has changed since Barry Pierce?

... and that is the thing that gives me a right royal case of the $h1t$

No matter what we do, we always end up with a Club run by branch-stacked footy meat-heads with the intellect and business acumen of a house-plant who drive us recklessly into debt.

For me it's 44 years and counting.
 

SHARKSTER

Jaws
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... and that is the thing that gives me a right royal case of the $h1t$

No matter what we do, we always end up with a Club run by branch-stacked footy meat-heads with the intellect and business acumen of a house-plant who drive us recklessly into debt.

For me it's 44 years and counting.

Fitz, that perfectly expresses what I was getting at.
 

tips

Hammerhead
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I just want to hear a legitimate answer to the questions...The silence on this matter is deafening which is the only thing at moment that concerns me.. What are they hiding??

And where are all the defenders of the cause on social media???

If it is an individual who wishes to remain nameless that is fine (unless there is a conflict of interest) but the terms of the deal could be made clear..
 

slide rule

Jaws
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Well, it's on the back page of the Telegraph today.

edit Gil

MYSTERY investor has hauled Cronulla from bank debt, providing more than $3 million to help the club finally erase a St George Bank loan that was drawn nearly 15 years ago.

Months of private negotiations came to fruition on Tuesday night, when Sharks directors settled the outstanding $3.5 million of a stubborn bank debt that threatened to sink the club at various stages over the past six seasons.

The Daily Telegraph has learned the payment was provided through funding from a private individual, who has demanded confidentiality.

Sharks chairman Damian Keogh declined to discuss the person’s background or identity on Friday, but did confirm they had been given security in return for discharging the bank loan.


NRL chief executive Dave Smith says he won't put a deadline on the fate of Cronulla with the club still emroiled in the ASADA scandal.

Sources close to the club believed the individual had been granted a mortgage over the Leagues Club and adjacent Remondis Stadium, but Keogh denied that was the case.

“There is security in place, but not to that extent,” he said.

Keogh added that the terms of the new financial arrangement were more advantageous, with previous interest payments to St George fluctuating between five and nine percent in recent years.

“We obviously received a lot of advice from financial experts,” Keogh said.

“Instead of re-financing the debt, we’ve just it in a way that eases the financial burden in the short term, which gives us more breathing space.”
 

tips

Hammerhead
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Yes I was referring that which is confirmation of a tweet only. Nothing new on this article.

why not give details of the security provided?? Why not declare that the individual involved dies not have a conflict of interest?

Don't need to name the person
 

JimBob

Jaws
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As with, global and federal politics and most social policy, it is way too easy for people to slot themselves into, or slot others into, an us versus them scenario.

This is a weak-minded reflexive approach.

It's up there with "goodies" and "baddies"

Stupid people think of the world like that.

I must admit, there are some aspects and directions that I agree with in direction of OUR Club.

However, I must say that there are a lot of those things that were just not economically possible prior to the approval of the Property Development.

At some stage, that needs to be acknowledged and embraced.

Personally, I see the current Board as a bunch of pirates.

At no stage did any of them support the Development, offer partnership agreements or investment or support. No submissions made, no attendance at rallies, no presentations to PAC... nothing.

Let's be real here - most of them struggled to even establish proof that they were legitimately allowed to contest the role of director.

They saw a Club that was weakened from the ASADA issue and had a guaranteed Development under its wing and decided to go for a hostile takeover.

Nothing more ... nothing less.

Pirates.

Cowards.

They may be pirates, but luckily the new board hasn't committed treason against the club by publicly speaking about the possible findings of a confidential investigation to a journalist.

Too soon?
 

A.Snowden

Jaws
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Finally got to read a copy of the Leader today and saw the back page story of us wiping off our debt. What great news! Or is it?

I then go on Facebook and there's a story now of a mystery investor that has done this and people are saying there's no transparency over the deal and the implication is that the current board are doing something shady. There are comments on there that are obviously from supporters of the old board.

Ok, I am not interested in the politics of all this. We said, they said etc. And I'm not a great one for understanding how businesses are run. But can anyone give me an unbiased opinion of how this debt has been wiped off and if it has been done properly?

The fact that us members weren't aware this was happening or details of how, sort of shows there was no transparency. Could be some shady **** going on, could be an honest deal. Could also be a current director putting the money up to save their arse on the board perhaps?

Who knows. Bht that's the problem. We don't
 

Shark

Grey Nurse
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Have any of the current directors got links to any firms tendering for work on the development?

I am hearing that Craig Airey is lining himself up for the electrical work.

I'd be disappointed if this happens without any proper transparency or member approval.
 

shark 101

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we are all good we have steve noyce as cyo he fanstastic just the tigers and roosters.........
 

fitz

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They may be pirates, but luckily the new board hasn't committed treason against the club by publicly speaking about the possible findings of a confidential investigation to a journalist.

Too soon?

Every time you open your mouth in this forum you confirm to me you have the intellect, analytical skills and interpretive abilities of sphagnum moss.
 

shark 101

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They may be pirates, but luckily the new board hasn't committed treason against the club by publicly speaking about the possible findings of a confidential investigation to a journalist.

Too soon?

so hows rothfield cock up ur ass feel? U fugin idiot
 

JimBob

Jaws
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Every time you open your mouth in this forum you confirm to me you have the intellect, analytical skills and interpretive abilities of sphagnum moss.

And every post you make in regards to the current board is pathetic propaganda against them.

We get it, you don't like the new board because they forced out your mate Irvine, but I'm getting sick and tired of you and the rest of Irvines followers constantly putting **** on the new board. "They only became interested in the club due to it being weak from the ASADA scandal" well of course they're going to run for board when the club is struggling, mainly because they think they can fix the problems. What the hell would be the point in running for board if the clubs had nothing but success? There would be no need for a new board as that one would seem capable.

"The new board are a bunch of pirates!" Are you ****ing kidding me!? How the hell did you manage to come up with that one? In this little metaphor the club would have to be the ship, which would be sinking due to the ASADA investigation when the hell do pirates hop on a sinking ship and try to fix it? If Keogh and the rest of the new board decided to attack Irvine and the old board with rumours and make promises they couldn't keep with the soul purpose to get elected in JUST after the development was approved, then yeah they're pirates. But calling them pirates because they came in when the club was low with the intention of fixing it, mate that's just idiotic.

"Irvine got us the development and kept he club alive. Sharks fans were idiots for voting him out blah blah blah" yes Irvine getting us the development was awesome and it's because of him and the old board that I still have a Sharks team to cheer on, and I'll never forget that. However you lot seem to be forgetting that our old president of the club made one hell of an amateur mistake by revealing results of an investigation which brought a media storm by the likes we've never down on the club. I don't want to hear the excuses of him being jet lagged and caught off guard etc, if he knew what he was doing he wouldn't have even taken the call from Rothfield (why the hell did he in the first place) and kept a wall of silence till he got down I the club and found out what the hell was going on.
 
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