greg pierce resigns

[Omnishark2]

you got upset when you were shown up to not know what you were talking about?

No, I decided not to waste my time when it became clear what your level of understanding of financial understanding & corporate governance & due diligence was. But I'm feeling generous today, so I'll humour you anyway ...

Spidey, would you classify our financial risk over the next 2 years as Low/Med/High ?

And if the NRL define new qualification criteria, would you classify the risk of the Sharks football club failing that criteria as Low/Med/High ?

hey omni - where were the sharks sitting when kimmorely was injured?

where are they sitting now?

is that a dose of that reality you seek?

Teams set their basic attacking structure in the pre-season, and ours has inevitably been dominated by Noddy's one dimensional predictability. The majority of our team has never played FG without Noddy being halfback (poor buggers), so they don't know anything else. So why the surprise when the chief architect is out of the team, our attack deteriorates from boring one dimensional to non-existent ?

We need to start from scratch, and build a new attacking structure from the ground up. From everything I've heard, Blake Green will be a great addition to that attacking structure despite his inexperience, but unfortunately the other half of the puzzle is missing. Watts is not the answer at 7, and if we have Noddy at 7 again, he will inevitably compromise & dominate our playing style like he always has.

It is time for a fresh start. If you keep doing what you've always done, you'll keep getting the results you've always got ... and with Noddy it's been 6 years of excruciatingly boring failure.

 

[tom of poland]

Teams set their basic attacking structure in the pre-season, and ours has inevitably been dominated by Noddy's one dimensional predictability. The majority of our team has never played FG without Noddy being halfback (poor buggers), so they don't know anything else. So why the surprise when the chief architect is out of the team, our attack deteriorates from boring one dimensional to non-existent ?

We need to start from scratch, and build a new attacking structure from the ground up. From everything I've heard, Blake Green will be a great addition to that attacking structure despite his inexperience, but unfortunately the other half of the puzzle is missing. Watts is not the answer at 7, and if we have Noddy at 7 again, he will inevitably compromise & dominate our playing style like he always has.

It is time for a fresh start. If you keep doing what you've always done, you'll keep getting the results you've always got ... and with Noddy it's been 6 years of excruciatingly boring failure.[/quote]

Good valid point, backed up by observations of the ABC commentary team on Sunday who said Adam Dykes was being creative and trying to set things up, but most of his team mates did not know what he was up to.

 

[newman]

I enjoyed my dealings with Greg Pierce and I wish him luck in the future. He was honest, approachable and had a real passion for the sharks.

I think this is a magnificent opportunity to turn this sh*theap of a club around. Rather than get some in-house, been around for a thousand years, ex footy player boys club graduate, I am begging PLEASE, PLEASE PLEASE recruit someone from OUTSIDE the club, hell, from outside Rugby League that has been succesful in business that can instill some professionalism in the place.

Think big Sharks.

 

[DJDL]

Good valid point, backed up by observations of the ABC commentary team on Sunday who said Adam Dykes was being creative and trying to set things up, but most of his team mates did not know what he was up to.

Sounds like every game Dykes has played in his career.

 

[Jimbo]

I nominate Jean Todt for Greg's replacement...

 

[spider]

No, I decided not to waste my time when it became clear what your level of understanding of financial understanding & corporate governance & due diligence was. But I'm feeling generous today, so I'll humour you anyway ..

lol - no you didnt

you made a specific point that due to increased gaming taxes the leagues club could not offer the continuing support by means of the same grant to the football club.

last financial year the leagues club absorbed this new level tax and increased the grant to the football club from $1.5 to $1.8m

do you deny this?

i expect your wont answer as this is when you decided to run away last time

Spidey, would you classify our financial risk over the next 2 years as Low/Med/High ?

low

And if the NRL define new qualification criteria, would you classify the risk of the Sharks football club failing that criteria as Low/Med/High ?

your asking me to speculate on a criteria i have not seen

Teams set their basic attacking structure in the pre-season, and ours has inevitably been dominated by Noddy's one dimensional predictability.

be it or not - we were in the 8 when he was playing - now he is injured, we are not in the 8

im sure you can do the math

We need to start from scratch, and build a new attacking structure from the ground up. From everything I've heard, Blake Green will be a great addition to that attacking structure despite his inexperience, but unfortunately the other half of the puzzle is missing. Watts is not the answer at 7, and if we have Noddy at 7 again, he will inevitably compromise & dominate our playing style like he always has.

when we sit in the top 8

 

[Omnishark2]

you made a specific point that due to increased gaming taxes the leagues club could not offer the continuing support by means of the same grant to the football club.

last financial year the leagues club absorbed this new level tax and increased the grant to the football club from $1.5 to $1.8m

do you deny this?

No. But what I didn't bother saying at the time was that this obviously was an extraordinary one-off increase to make the football club books look better, and it will not be sustainable year on year due to the effects of the poker machine tax (and now the new smoking laws). You apparently think it is sustainable, time will tell.

Spidey, would you classify our financial risk over the next 2 years as Low/Med/High ?

low

QED ...

your asking me to speculate on a criteria i have not seen

OK assume the criteria is the following football club parameters equally weighted over the 2008 & 2009 calendar years :
- Total revenue
- Gate revenue
- Profit
- Junior league numbers

Teams set their basic attacking structure in the pre-season, and ours has inevitably been dominated by Noddy's one dimensional predictability.

be it or not - we were in the 8 when he was playing - now he is injured, we are not in the 8

This is missing the point - yes we were hanging into the 8 on sufferance ... but even if Noddy was fit ... and in the unlikely event we stayed in the 8 once the other fringe teams started firing up ... we would have been cannon fodder in Week 1 of the finals.

The point is our attacking structure is impotent because Noddy's one-dimensional dominance suffocates team creativity.

Are you happy with this status quo for 2008 & 2009 ?
Maybe scraping into the 8 with mediocre Noddyball just so we can get blown away ?

 

[roboshark]

phil gould!!!!!

 

[spider]

No. But what I didn't bother saying at the time was that this obviously was an extraordinary one-off increase to make the football club books look better, and it will not be sustainable year on year due to the effects of the poker machine tax (and now the new smoking laws).

you didnt bother saying at the time - lol

You apparently think it is sustainable, time will tell.

where have i said it would be sustainable? I have not said that at all

my reply was directly at your assertion that last year the increased tax would hurt the club - they proved it didnt by increasing the grant while absorbing the implemented tax

i never said it was a long term increase

i agree the smoking legislation will effect every licensed outlet in the state, but thats another matter seperate to the gaming tax

OK assume the criteria is the following football club parameters equally weighted over the 2008 & 2009 calendar years :
- Total revenue
- Gate revenue
- Profit
- Junior league numbers

TR - all belongs to the club - no hire fee for grounds, etc
GR - see above
Profit - new stand will have amenities to attract more sponsorship, the ground upgrade will be profitable to the club, of course the teams performance is the major indicator
JRL - it is a large junior base. The club grants quite a generous sum of money to the JRL on a yearly basis. This year as well the club as really attempted at fixing its affiliation with the JRL, with thanks to the new coaching staff. Hopefully we prosper in return in years to come with junior talent

This is missing the point - yes we were hanging into the 8 on sufferance ... but even if Noddy was fit ... and in the unlikely event we stayed in the 8 once the other fringe teams started firing up ... we would have been cannon fodder in Week 1 of the finals.

its not missing the point - you made a direct reference to the team while he was playing.

i pointed out a fact of the teams position before and after his departure - there are no crystal balls available in predicting the fringe teams performance after the fact

The point is our attacking structure is impotent because Noddy's one-dimensional dominance suffocates team creativity.

lol - see above

Are you happy with this status quo for 2008 & 2009 ?

i am not a status quo type guy - no, i am not happy as we slide again

so what do you think should be implemented to rectify the 'status quo'?

 

[Omnishark2]

where have i said it would be sustainable? I have not said that at all
my reply was directly at your assertion that last year the increased tax would hurt the club - they proved it didnt by increasing the grant while absorbing the implemented tax
i never said it was a long term increase

You are kidding – it was obvious from the context that I was talking about 2008 & 2009. My original assertion was that renewing Noddy’s contract for 2 more years would hurt our revenues for 2008 & 2009, and that the leagues club would have reduced grant capacity going forward because of the effects of the poker machine tax. You replied that the leagues club increased its grant in 2007. Which was when it was apparent you had no idea about corporate financial basics (eg this was a one-off increase to cover other irregular items on the books), let alone financial complexities & corporate due diligence. Hence why it was pointless to continue the discussion.

Seeing the whole debate was triggered by Noddy’s contract renewal for 08/09, my original assertion was obviously about future financial viability – if you claim you didn’t realise it back then, you are just embarrassing yourself. No doubt you will mark this down as another “beating” in the Spider’s special fantasy world though …

OK assume the criteria is the following football club parameters equally weighted over the 2008 & 2009 calendar years :
- Total revenue
- Gate revenue
- Profit
- Junior league numbers

TR - all belongs to the club - no hire fee for grounds, etc
GR - see above
Profit - new stand will have amenities to attract more sponsorship, the ground upgrade will be profitable to the club, of course the teams performance is the major indicator
JRL - it is a large junior base. The club grants quite a generous sum of money to the JRL on a yearly basis. This year as well the club as really attempted at fixing its affiliation with the JRL, with thanks to the new coaching staff. Hopefully we prosper in return in years to come with junior talent

Another woefully unintelligent response from Spidey. I asked you to assess our risk of rationalisation assuming those 4 criteria. Now let’s take it nice & slowly …

To assess risk, you need to QUANTIFY our position against all the other Sydney clubs on each of the 4 criteria, for the next 2 years. I’ll give you a hint – we will be below par on the first 3, and above par on JRL numbers. Which puts us right in the danger zone should the NRL decide to rationalise again. Which is why we should have not made the atrocious business decision to renew Noddy, as it will inevitably make our numbers for the first 3 criteria worse over 2008 & 2009. That’s the big picture I originally alluded to.

i am not a status quo type guy - no, i am not happy as we slide again
so what do you think should be implemented to rectify the 'status quo'?

Like I told you before, we need to start from scratch, and build a new attacking structure from the ground up.

The first step is to admit Noddy is the alpha & omega of the problem, and cannot possibly be part of the solution. Farm his contract out to whoever will take him, even if it’s 10k pa from the Lithgow Shamrocks. Whatever we still have to cover in the cap for the remaining balance will be an excellent investment in our future.

Next step is to build a new attacking structure. From everything I've heard, Blake Green will be excellent for us at 6, despite his inexperience. Then find a passable 7 from anywhere. Watts is not the answer (I’d even take Seymour over him). Doesn't have to be a superstar, just someone with raw skills (Cooper Cronk was just an up & coming benchie until they started developing him). Show some initiative e.g. chase Weepu seriously hard & negotiate his final year away with the NZRU.

Hopefully the new CEO will have enough business nous to know that retaining Noddy is a huge business risk, and enough football nous to be able influence Ricky & co to see sanity.

 

[Frenzy.]

My application is in.

I get the gig, Noddy's ggggooorrrrrrrnnnnnneeeeeeeeeeee.

 

[Omnishark2]

Sign Frenzy up now !

 

[Mr Angry]

Vote 1 - Frenzy!

 

[spider]

You are kidding – it was obvious from the context that I was talking about 2008 & 2009.

no it wasn't - dont beat yourself up about it

My original assertion was that renewing Noddy’s contract for 2 more years would hurt our revenues for 2008 & 2009,

he is not playing - why are we not excelling during this advantageous period then omni?

let alone financial complexities & corporate due diligence. Hence why it was pointless to continue the discussion.

again you bring this concept up but choose not to elaborate but rather hide behind them - which ones do you refer specifically too omni?

ill help you out to get started omni - maybe the club budgeted in the sponsorship bonus for making the top 8 (which was probably a couple of hundred big ones) and in not doing so had to obtain the money via an increased grant - now, what are the other factors you refer too?

Seeing the whole debate was triggered by Noddy’s contract renewal for 08/09, my original assertion was obviously about future financial viability – if you claim you didn’t realise it back then, you are just embarrassing yourself.

you are specaulating mid season - sponsorship increase/decrease wont be apparent till next year at least

i think its embarrassing the guy gets injured and the teams position drops out of the 8 - something you keep skipping

To assess risk, you need to QUANTIFY our position against all the other Sydney clubs on each of the 4 criteria, for the next 2 years. I’ll give you a hint – we will be below par on the first 3, and above par on JRL numbers. Which puts us right in the danger zone should the NRL decide to rationalise again. Which is why we should have not made the atrocious business decision to renew Noddy, as it will inevitably make our numbers for the first 3 criteria worse over 2008 & 2009. That’s the big picture I originally alluded to.

have you done a comparison omni? why didnt you throw it up here?

why not do one for the first half of the season to the back end of the season once your common denominator has been injured - that should be an intreresting comparison

The first step is to admit Noddy is the alpha & omega of the problem, and cannot possibly be part of the solution.

noddy is not playing - why is there still currently a problem?

again i refer to the teams position this year while he played

Next step is to build a new attacking structure. From everything I've heard, Blake Green will be excellent for us at 6, despite his inexperience. Then find a passable 7 from anywhere. Watts is not the answer (I’d even take Seymour over him). Doesn't have to be a superstar, just someone with raw skills (Cooper Cronk was just an up & coming benchie until they started developing him). Show some initiative e.g. chase Weepu seriously hard & negotiate his final year away with the NZRU.

how many games this year have we had a solid pairing in the halves?

would you agree we have been extremely unsettled in these positions?

suffice to say its difficult to build any attacking structure when hit with so many injuries

Hopefully the new CEO will have enough business nous to know that retaining Noddy is a huge business risk, and enough football nous to be able influence Ricky & co to see sanity.

do you honestly think GP did not have a say in the re-signing of kimmorely?

i kindly answer your questions - how about you do the same

come on omni - noddy is our antibiotic - he is god - feel the warmth - feel the nod

 

[spider]

Omnishark2

Last Activity: Today 12:30 PM

 

[gunnamatta bay]

Omnishark2

Last Activity: Today 12:30 PM

You know what those long lunches are like on Fridays Spider ;-)

 

[spider]

couldn't of been too long gunna

Omnishark2

Last Activity: Today 02:50 PM

 

[Omnishark2]

Yes Spider, I got interrupted to do some work - thanks for that amazing insight, really worth commenting on.

Now if you still cannot grasp that my original argument was triggered by renewing Noddy for 2008 & 2009, and the business risk that this represents, then you are beyond help. Risk management is inherently about the future - by definition. It was obvious I was talking about 2008 & 2009. Deny whatever you want, I'm done trying wasting my time trying to educate a simpleton like you.

You are on public record saying our financial risk for 2008/09 is low.

You don't think keeping Noddy for 2008/09 increases our risk of being rationalised in an expanded NRL competition.

Yet these opinions are now clearly based on stupidity & ignorance. Normally my care factor would be zero, but if there are enough morons like you who think the same, it puts the future of the Sharks club at risk. And that is something I do care about.

Finally if you think GP wanted to retain Noddy, you are very poor at reading between the lines.

 

[spider]

Yes Spider, I got interrupted to do some work - thanks for that amazing insight, really worth commenting on.

course you did - in between you found the time to keep logging back in

hence being caught out twice you probably thought you should try and save face

Now if you still cannot grasp that my original argument was triggered by renewing Noddy for 2008 & 2009, and the business risk that this represents, then you are beyond help. Risk management is inherently about the future - by definition. It was obvious I was talking about 2008 & 2009. Deny whatever you want, I'm done trying wasting my time trying to educate a simpleton like you.

waffle, waffle, blah - * throw insult *

insighful stuff

how many times will you post the same line?

You are on public record saying our financial risk for 2008/09 is low.

in that case im also on record for saying noddy is god, and simmo is simply the best - do the math or do you just fly in and out of here on occassion to hi-light stupidity

you are on record as being weak and running away from questions even after having your own answered

Normally my care factor would be zero, but if there are enough morons like you who think the same, it puts the future of the Sharks club at risk. And that is something I do care about.

bully for you - it appears i have rattled your cage

its ok - time heals all wounds

Finally if you think GP wanted to retain Noddy, you are very poor at reading between the lines.

im sure you can provide the quote where i said this? - i actually asked you if you believed he had any say in the matter

give me another petty excuse for not answering the questions omni

it substantiates you are extremely weak and retort by name calling - truly compelling stuff

moreso it hi-lights your ability to continually run from all these business strategies you like to post, but fail to elaborate on when called out to do so - i even helped you with one of your points, which only confirms your grasp is truly a pathetic one to say the least

 

[Omnishark2]

Like I say, I am done trying to educate you, or bother with the dross you post on the Noddy issue.

I am also done putting up with Noddy as he inexorably drags our club down.

Raper was obviously too weak to solve the Noddy problem.
I thought Ricky had the stones to deal with the Noddy problem, but he has badly let our club down.
Let's hope the new CEO has the stones, or we are stuffed.