So to summarise, your idea of a sound financial plan is that we sponsor you to buy lots of lotto tickets? Should one of these win, you'll fix our debt situation with a cash injection on the condition that you have stewardship of the Club.
Russel Crowe only had to come up with 3.5mil to buy the rabbits. A far superior brand. If somebody took over the debt, 2 things could happen. 1. The sharks service it, no probs. 2. Sharks dont service it. I own it. I like that idea. It makes me the chairman. Chairman of my own board. I would very much like to own that land for 13.5 million. Your new members seats will be undercovered seating in section c, row K seats 645-650. SFS. Your seats will be cheaper but we will make more money out of you. Win/Win. next time you drive down eyesore drive at woolaware through the gridlock, & see the 2000 recently built units & retail centre occupying the old Sharks site, that just paid for teams premiership victory, you will say to yourself "WTF were we ever thinking putting a ground & team here"
Within your "plan" you intend to level the whole of the Sharks's land holdings and develop them with scant disregard for the Sharks Membership or the Sutherland Shire community's wishes and then relocate the Sharks to the SFS, explore new markets
Yes Holdsworthy to liverpool should be & could be the Sharks
by investing huge amounts of capital in marketing and engagement programs.
huge compared to what? The appollo missions? or my crack habit?
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.. and you accuse other's of "fluffiness?" Sheeeesh!
Do i?
No, the Development is NOT the sole solution to the Sharks challenges. However, it is a big part of putting it into a position where it has an opportunity to seek new business revenues.
Big expensive seeking?
Isn't it obvious to you that every bit of "profit" we currently make goes directly to service our debt and that none of those funds are available for the Club to invest or re-invest.
That is not the problem.
Keep in mind that the "assets" you talk about that we currently own are not really our's. They have been loaned against by previous Boards and the Bank has greater equity in the Sharks tangible assets than anyone else.
you dont know what you are talking about there.
lets face it, 13.5 million cant buy you a house in Mosman. its nothing. But 13 million can buy you a 2000 unit developments site 1 km from the ocean. f**k me I wish i had the money!!! I would buy the debt & forclose within days!!
The ONLY way forward is to release ourselves from the stranglehold of the Bank and to try to claw our way back through sound financial management and diligence to a position where we have a chance to build from the ground up.
Drip drip drip
You still avoid the issue of location.
Just slow down & think for a second. Why do you think it is, we have never prospered as a club in 40 years? Its location. its a dog. will always be a dog, no matter what coat it is wearing. Worst thing to ever happen for the Sharks was to include the name Cronulla & to leave Sutherland.
I couldnt give a f**k what Shire people want. I only care what the members want. Right now the club is pandering to shire members only, as absentee voting or proxy voting is not allowed. I would say there are many non local members & many local members who see the sanity in getting the f**k out of woolaware.
