Eels Salary Cap Mk V

[Chipmunk]

The clubs members would be. They have to vote in favour of a sale of any of the clubs major assets.

Well we can only hope that an Administrator of the Leagues Club maintains a business-as-usual approach towards the football team, which could be problematic given that there is no management of the football part of the Club's operation in place.

 

[84 Baby]

Well we can only hope that an Administrator of the Leagues Club maintains a business-as-usual approach towards the football team

Here's hoping so. We need to organise a few more TPAs

 

[Chipmunk]

Here's hoping so. We need to organise a few more TPAs

To be honest, I'm concerned about what actions any temporary Administrator for a Licenced Club will take in regard to contracts relating to the football entity.

 

[ash411]

To be honest, I'm concerned about what actions any temporary Administrator for a Licenced Club will take in regard to contracts relating to the football entity.

I imagine they aren't allowed to make major decisions (i.e. they can't sack BA, or change the name to the sissy girls). They are more so there to make sure the lights stay on, stay the course, that sort of thing.

Maybe the main task of the administrators would be to employ football staff to manage the NRL club/team (i.e. new CEO, new football manager). And to oversee management of the PLC, which still has it's management structure in place, no losses there other than board members.

Once we have a CEO and Football Manager in place, the team can function as normal, under the supervision of the Administrator, who would, I guess, have to approve major decisions such as player signings and such.

 

[T-Boon]

I guess that we were trying to model our 'Premiership Club' on Nick Politis' high flyers club that he has set up at the Roosters. There was a Daily Telegraph article about Nick and that club a few years back so it is not a secret although nobody is really sure what they do.
We probably got details of that Club from Ricky Stuart (whose transcript of interview the world is not allowed to see).

 

[Chipmunk]

I imagine they aren't allowed to make major decisions (i.e. they can't sack BA, or change the name to the sissy girls). They are more so there to make sure the lights stay on, stay the course, that sort of thing.

Maybe the main task of the administrators would be to employ football staff to manage the NRL club/team (i.e. new CEO, new football manager). And to oversee management of the PLC, which still has it's management structure in place, no losses there other than board members.

Once we have a CEO and Football Manager in place, the team can function as normal, under the supervision of the Administrator, who would, I guess, have to approve major decisions such as player signings and such.

Well firstly, who's not going to allow them make major decisions? The Administrator will run the club in replace of the board, just as the board would. Essentially the Administrator will be the board and will have all powers that the board currently has, so they will be able to do whatever they want. They will essentially be a business professional experienced in corporate governance and managing the operations of businesses the size of Parramatta Leagues Club. Having said that, I don't expect them to make any changes like sack the coach or change the teams name however.

Actually, my major concern with an Administrator in place is the exact opposite of making those big decisions, particularly on the football side of things. As they are a temporary placement, they may not want to actually make any major ancillary decisions that would bind a future board after they are no longer in place. Therefore I'm concerned that they won't re-sign the coach or sign or re-sign players to increased long term deals (i.e. only offer short term one season extensions on the same money/conditions they're currently on). So attempting to maintain the status quo.

This will have a major detrimental effect on the football team if this was to occur, particularly if an Administrator is in place for sometime, and I hope this doesn't happen.

 

[MarkInTheStands]

LOL

Mr Sharp replies: “I understand costs efficiency with one 30 (thousand TPA) against 300,000 — but if you don’t spend the 300,000, you might not get that one 30.”

This is surely good governance and other stuff.SURELY!!

Good riddance to the biggest dope ever.

If this is true than any confidence I ever had in the bloke is gone.

Sure setup the premiership club, all good no issues, it was also the Idea of Bill Moss. But to have the club fund it, if any Sponsorships come from it they are tainted.

15 members, isn't the fee $30,000 a year to be a member ? So surely it made $450,000 off those members. @emjaycee Didn't you give us the numbers on the membership fees.

 

[ash411]

Well firstly, who's not going to allow them make major decisions? The Administrator will run the club in replace of the board, just as the board would. Essentially the Administrator will be the board and will have all powers that the board currently has, so they will be able to do whatever they want. They will essentially be a business professional experienced in corporate governance and managing the operations of businesses the size of Parramatta Leagues Club. Having said that, I don't expect them to make any changes like sack the coach or change the teams name however.

Actually, my major concern with an Administrator in place is the exact opposite of making those big decisions, particularly on the football side of things. As they are a temporary placement, they may not want to actually make any major ancillary decisions that would bind a future board after they are no longer in place. Therefore I'm concerned that they won't re-sign the coach or sign or re-sign players to increased long term deals (i.e. only offer short term one season extensions on the same money/conditions they're currently on). So attempting to maintain the status quo.

This will have a major detrimental effect on the football team if this was to occur, particularly if an Administrator is in place for sometime, and I hope this doesn't happen.

I do agree that it is unlikely that an administrators primary goal will be to win a premiership, but they also aren't going to not make decisions that would jeopardise the future of the club (like personnel signings and such), if we're talking about a consultancy firm that would be doing this, they have a professional reputation to maintain, so just "Doing whatever they want" isn't going to be good for them, and if doing that gets the club(s) back on track and performing well, then they obviously did the right thing.

I also agree that if they decide to sit on their hands for over a year that would be as bad or worse than making decisions against the memberships wishes.

 

[Chipmunk]

I do agree that it is unlikely that an administrators primary goal will be to win a premiership, but they also aren't going to not make decisions that would jeopardise the future of the club (like personnel signings and such), if we're talking about a consultancy firm that would be doing this, they have a professional reputation to maintain, so just "Doing whatever they want" isn't going to be good for them, and if doing that gets the club(s) back on track and performing well, then they obviously did the right thing.

I also agree that if they decide to sit on their hands for over a year that would be as bad or worse than making decisions against the memberships wishes.

I think we all have to remember that the Club's primary business and main income generation is not the NRL team, which I think is getting lost in this entire Administrator being appointed

 

[El Diablo]

I think we all have to remember that the Club's primary business and main income generation is not the NRL team, which I think is getting lost in this entire Administrator being appointed

and the danger

you could get some nutter in there that wants to start funding GWS

 

[84 Baby]

I think we all have to remember that the Club's primary business and main income generation is not the NRL team, which I think is getting lost in this entire Administrator being appointed

I don't think an administrator will be that ruthless considering profile of club. I reckon it'll be the cushiest job ever and that Bevan Paul and others will basically be asked to do everything, while the administrator just sits back and reads what the directors have been doing for past number of years before organising election for new directors.
But a small part of me (very small) would find it hilarious if they turned around to NRL and said we've decided to stop fielding NRL team immediately (before one of our 2 remaining Friday night games would be good). Umm channel 9 can you just show replay of last year's grand final?

 

[84 Baby]

and the danger

you could get some nutter in there that wants to start funding GWS

Or worse... the Wanderers!

 

[Chipmunk]

I don't think an administrator will be that ruthless considering profile of club. I reckon it'll be the cushiest job ever and that Bevan Paul and others will basically be asked to do everything, while the administrator just sits back and reads what the directors have been doing for past number of years before organising election for new directors.
But a small part of me (very small) would find it hilarious if they turned around to NRL and said we've decided to stop fielding NRL team immediately (before one of our 2 remaining Friday night games would be good). Umm channel 9 can you just show replay of last year's grand final?

Who knows what an Administrator will do. Does anyone know? It's welcome to the unknown really.

 

[El Diablo]

Who knows what an Administrator will do. Does anyone know?

give an exclusive interview to the DT

 

[Mr Pmatta]

Who knows what an Administrator will do. Does anyone know? It's welcome to the unknown really.

I do know he is or used to be good mates with Hardley.

 

[ash411]

Who knows what an Administrator will do. Does anyone know? It's welcome to the unknown really.

What exactly did the board do? like boots on the ground, work. Does anyone actually know what the functions of the board are?

not you Jake, don't need to hear from you.

 

[El Diablo]

Gouldy111 will cream his pants

 

[Twizzle]

if true that's good, we can now move forward

 

[T-Boon]

Who knows what an Administrator will do. Does anyone know? It's welcome to the unknown really.

On the football side, take a lot of guidance from Todd Greenberg is my guess.

 

[phantom eel]

Welcome aboard Max - enjoy the ride!