Great White Shark
Hammerhead
- Joined
- Jun 24, 2007
- Messages
- 302
- Reaction score
- 4
I have to say that half way through the season I have realised that I need to realign my expectations for the next few years.
Does anyone disagree with the following:
Last year we came back from the brink. The banks were an inch from recovering the $12M that we owe. The redevelopment is the only real hope we have to continnue with our club as is. Problem is that we are still deep in debt, our cashflow is lumpier than other clubs and our financial instability is resulting in it being harder for us to attract and retain players, attract sponsors and important third party deals for our players.
The bottom line is that without financial stability we will not be able to compete in a competition where financial stability/profit is dividing the good clubs (who can attract and retain player/sponsors/third party deals) and the struggling clubs. Nathan Tinkler's takeover being a classic situation where money has attracted coaches, players, sponsors, CEO's, recruitment managers etc.
I know this may be stating the obvious. But realisticly, the next few years is about reducing debt, restructring the club (development etc), stabilising our financial position and then being able to attract and retain and thereby compete. I figure that until 2014-15 we will be in the never-never (bottom 4 each year). It is not the end of the world, just the price of having a competitive, independant club.
I only wish the club would give its members a bit more information on how all these changes are going....i, for a person who has had more to do with the club in the past, other then believing all is moving in the right direction, know very little about what is happening. Sme press releases would be positive.
Does anyone disagree with the following:
Last year we came back from the brink. The banks were an inch from recovering the $12M that we owe. The redevelopment is the only real hope we have to continnue with our club as is. Problem is that we are still deep in debt, our cashflow is lumpier than other clubs and our financial instability is resulting in it being harder for us to attract and retain players, attract sponsors and important third party deals for our players.
The bottom line is that without financial stability we will not be able to compete in a competition where financial stability/profit is dividing the good clubs (who can attract and retain player/sponsors/third party deals) and the struggling clubs. Nathan Tinkler's takeover being a classic situation where money has attracted coaches, players, sponsors, CEO's, recruitment managers etc.
I know this may be stating the obvious. But realisticly, the next few years is about reducing debt, restructring the club (development etc), stabilising our financial position and then being able to attract and retain and thereby compete. I figure that until 2014-15 we will be in the never-never (bottom 4 each year). It is not the end of the world, just the price of having a competitive, independant club.
I only wish the club would give its members a bit more information on how all these changes are going....i, for a person who has had more to do with the club in the past, other then believing all is moving in the right direction, know very little about what is happening. Sme press releases would be positive.