What to do with Level 3 - Parramatta Leagues Club

Discussion in 'Parramatta Eels' started by Parra Future, Jan 26, 2009.

  1. Stagger eel

    Stagger eel Moderator Staff Member

    Joined:
    Aug 14, 2003
    Messages:
    64,568
    Likes Received:
    1,032
    thanks PF,
    just a quick question regarding sponsorship,
    if you manage to come to terms with some major organisations who will commit themselves to the club on the proviso that the 3P win the majority of seats on the board, where will that leave Pirtek who are currently under contract with the club and are currently our major sponsor?
     
  2. Stagger eel

    Stagger eel Moderator Staff Member

    Joined:
    Aug 14, 2003
    Messages:
    64,568
    Likes Received:
    1,032
    btw, I know it's late and if you can't answer it before Tuesday than that's call, have a nice time away with ther family.
     
  3. Parra Future

    Parra Future Juniors

    Joined:
    Dec 5, 2008
    Messages:
    890
    Likes Received:
    2

    Stagger,

    In my belief, all original deals in place should be honoured. However, I'm sure that potential new sponsors could be given "other" special "things" in the meantime until deals expire. I need to be vague sorry because other wise it might be too close for details. I also want to state that people need to understand that Pirtek has been very good to the Eels and "Mr Pirtek" himself is a very keen Eels man and should be congratulated for his efforts. He should also be given the opportunity to renegotiate after his current deal expires due to the commitments that he has given the club in the past. It should be done as a courtesy to him and his company.
     
  4. MarkInTheStands

    MarkInTheStands Coach

    Joined:
    Mar 28, 2004
    Messages:
    14,106
    Likes Received:
    48
    Hello PF,

    It has been a while, since I had some down time to read your Essay. The Economics of which are sound, I wonder personally does this effect ones credit rating, I don't know but just something swimming in my head. In effect the questions you ask could have the potential to net some savings, again at a greater risk to our suppliers, but being we have been loyal to them for a very long time, I am sure we would work something out.

    So the real question is, Has Tullio already thought about this and do we work in this current manner, and if we do, what then?
     
  5. Parra

    Parra Referee

    Joined:
    Feb 10, 2008
    Messages:
    20,669
    Likes Received:
    1,279

    This sounds like accounting smoke & mirrors. Surely any rebates and settlements deals will be reflected in the cost of supply - so the club will end up paying anyway, maybe indirectly.

    Does this sort of accounting provide tax benefits/higher deductibles for a company? This would seem like the main advantage - costs look higher up front, but are 'rebated' in a future accounting period. Whether this is treated as income and how taxes & GST are accounted for are questions that come to mind. Can a registered club get any benefit from this sort of thing?

    The numbers sound impressive - but how concrete is any of this? There seem to be a lot of 'ifs' and 'shoulds'.
     
  6. Hollywood Jesus

    Hollywood Jesus Coach

    Joined:
    Aug 14, 2003
    Messages:
    11,017
    Likes Received:
    484
    From what I've heard (not from the Eels side), the Pirtek association with us is not so much the beginning of a long relationship but more of a shortish-term deal meant to expose the brand to a particular market (rugby league).

    A few years in, say, motor racing before moving to, say, rugby league, before moving on to another market.

    Also, if Pirtek want to continue their exposure in rugby league, the New Zealand international team are now an option that would cost less than the Eels.
     
  7. Suitman

    Suitman Immortal

    Joined:
    Sep 6, 2003
    Messages:
    49,665
    Likes Received:
    4,279
    Just like to mention that in yesterdays Good Living section of the Sydney Morning Herald, there was a small tid bit on "suburban Yum Cha, and the Tingha Palace was one of three mentioned standouts.

    There's some positive words for our club.

    Suity

    PS. Mods - couldn't find a link.
     
  8. strider

    strider Post Whore

    Joined:
    Oct 30, 2003
    Messages:
    61,855
    Likes Received:
    8,446
    steamed pork buns .... mmmmmm
     
  9. Parra

    Parra Referee

    Joined:
    Feb 10, 2008
    Messages:
    20,669
    Likes Received:
    1,279
    The yum cha is great. What do you have to wear to cop a dress code violation at lunch time? From what could tell as long as you wear a shirt and something on your feet your are in. Maybe this journo forgot his pants?
     
  10. Nikki

    Nikki Coach

    Joined:
    Oct 14, 2003
    Messages:
    11,495
    Likes Received:
    0
    He mentioned thongs.. Which I see a lot of people getting pulled up for.
     
  11. forward pass

    forward pass Coach

    Joined:
    May 10, 2005
    Messages:
    10,112
    Likes Received:
    1,187
    Thats good to know - we can't win a comp - but we make a great yum cha !!!
     
  12. Hollywood Jesus

    Hollywood Jesus Coach

    Joined:
    Aug 14, 2003
    Messages:
    11,017
    Likes Received:
    484
    OK, everybody shut up, I've solved the problem.

    Totally clear out level 3 and put in an indoor go-kart track.

    I am a champion.
     
  13. mickdo

    mickdo Coach

    Joined:
    Aug 31, 2003
    Messages:
    17,355
    Likes Received:
    0
    I'm with ya :clap:
     
  14. Twizzle

    Twizzle Administrator Staff Member

    Joined:
    Sep 22, 2003
    Messages:
    135,626
    Likes Received:
    4,374
    as long as it has a bar in pit lane, I'm there as well
     
  15. Hollywood Jesus

    Hollywood Jesus Coach

    Joined:
    Aug 14, 2003
    Messages:
    11,017
    Likes Received:
    484
    The go-karts have cup holders, Twiz.
     
  16. The EELiminator

    The EELiminator Coach

    Joined:
    Feb 6, 2005
    Messages:
    11,877
    Likes Received:
    643
    how many cup holders? go kart racing gets a man mighty thirsty :lol:
     
  17. Parra

    Parra Referee

    Joined:
    Feb 10, 2008
    Messages:
    20,669
    Likes Received:
    1,279
    Well, to be fair, it is sub-let.
     
  18. Hollywood Jesus

    Hollywood Jesus Coach

    Joined:
    Aug 14, 2003
    Messages:
    11,017
    Likes Received:
    484
    Only a single cup, but it is a two litre cup so it should last for a couple of laps.
     
  19. The EELiminator

    The EELiminator Coach

    Joined:
    Feb 6, 2005
    Messages:
    11,877
    Likes Received:
    643
    is there also a hole in the floor of these go karts? :?
     
  20. bartman

    bartman Immortal

    Joined:
    Aug 31, 2003
    Messages:
    41,023
    Likes Received:
    93
    :lol: That might make the track slippery when wet...
     

Share This Page