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Parramatta Leagues Club board sacked, administrator appointed

Parra

Referee
Messages
24,900
So the ILGA put an administrator in to rob the joint?

Well those are your words. These blokes are not the benevolent society. How much a week would you be OK with ? For how long? How many millions in fees will the members be expected to pay?
 

Parra

Referee
Messages
24,900
Administrators are the same as auditors - they turn up after the battle is over and bayonet the wounded.
 

Poupou Escobar

Post Whore
Messages
91,713
It is their decisions to make. Their club. Their money. If they want to collectively piss it away so be it.

Do you think they will suddenly start making good decisions just because one of the governments mates gets to rip millions in fees out of the joint?
He will change the rules so the members' poor decisions will be less able to aggregate to disaster.
 

phantom eel

First Grade
Messages
6,327
The blue print for change is already there - restructure board/s, include independent director appointments, stagger director terms/elections, no majority possible for factions, reduced influence of and leaking to/by warloards!

The club already agreed to implement the 144 governance recommendations in February. The administrator can simply get it done now, where the self-interested directors had failed.
 
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Poupou Escobar

Post Whore
Messages
91,713
Well those are your words. These blokes are not the benevolent society. How much a week would you be OK with ? For how long? How many millions in fees will the members be expected to pay?
It's not actually their money. They are members, not owners or even shareholders. If the club was really theirs the government wouldn't have the authority to step in and remove the elected representatives. The members would be free to keep running the club as poorly as they have been for thirty years.
 

Parra

Referee
Messages
24,900
It's not actually their money. They are members, not owners or even shareholders. If the club was really theirs the government wouldn't have the authority to step in and remove the elected representatives. The members would be free to keep running the club as poorly as they have been for thirty years.


Fair point. Having money is the problem. If the club was broke no-one would go near it. With all that cash there will always be plenty of interest and offers to "help".
 

ash411

Bench
Messages
3,411
Fair point. Having money is the problem. If the club was broke no-one would go near it. With all that cash there will always be plenty of interest and offers to "help".
That's a big factor in the factions interest in the club. There's a lot of business to be done with a club like Parra Leagues, and if you have businesses of your own (or close mates that do) it could prove to be quite the money spinner..

There's also the part where some guys just enjoy prancing around Pirtek on gameday to the cheers of adoring hangers-on..
 

hineyrulz

Post Whore
Messages
154,171
Everyone has skeletons mate, just ask Spags.
In the meantime, since his appointment as PLC CEO which is all i care about, he has improved the clubs facilities, increased revenue, commenced a major development and SACKED THE BOARD!!
Yep, Bevan has done a fantastic job as Leagues Club CEO. And you are right he went above and beyond from the sounds of it to get rid of this board of Pelicans. We are lucky to have him.
 

El Diablo

Post Whore
Messages
94,107
Strange that this guy is a bankruptcy expert yet there has never been any indications that bankruptcy has ever been an issue.

I wonder if he is the right bloke for the job.
read his brief interview posted earlier where he talks about this and what he'll be doing
 

Parra

Referee
Messages
24,900
That's a big factor in the factions interest in the club. There's a lot of business to be done with a club like Parra Leagues, and if you have businesses of your own (or close mates that do) it could prove to be quite the money spinner..

There's also the part where some guys just enjoy prancing around Pirtek on gameday to the cheers of adoring hangers-on..
That's a big factor in the factions interest in the club. There's a lot of business to be done with a club like Parra Leagues, and if you have businesses of your own (or close mates that do) it could prove to be quite the money spinner..

There's also the part where some guys just enjoy prancing around Pirtek on gameday to the cheers of adoring hangers-on..


Well it must be a decent amount because now the big end of town has arrived to take it's slice.
 

T-Boon

Coach
Messages
15,986
The Roar website has just posted an article with quotes from Troy Grant in an interview on MMM confirming that at present all the powers of the Football Club Board (including recruitment and retention) rest with the administrator who will be essentially directed by Todd Greenberg.

I take from it that Greenberg is in charge of our Football club right now.
 

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