Page 2 of 2 FirstFirst 1 2
Results 16 to 24 of 24

Thread: I don't understand....

  1. #16
    Immortal Book Maker
    Contributor
    Moderator
    travelling_gerry's Avatar
    Join Date
    Feb 2006
    Location
    Perth, Western Australia, Australia
    Posts
    17,396
    vCash
    -251453520
    Tong Master Dry July! 141 Club Award TWF Competition Runner Up! MO-vember Donator TWF Contributor!
    Quote Originally Posted by jargan83 View Post
    Because someone at the ARU obviously wrote certain clauses in the contract etc etc?
    Who is someone?

    0 Not allowed! Not allowed!

  2. #17
    Immortal jargan83's Avatar
    Join Date
    Jan 2007
    Location
    Earth Capital
    Posts
    19,109
    vCash
    202000
    141 Club Award The Bronze Star of Faith
    Quote Originally Posted by travelling_gerry View Post
    Who is someone?
    Well I was going to say "some f**k knuckle" but thought I would censor myself.

    0 Not allowed! Not allowed!

  3. #18
    Legend Contributor brokendown gunfighter's Avatar
    Join Date
    Sep 2005
    Location
    wembley
    Posts
    7,051
    vCash
    5508000
    141 Club Award TWF Contributor!
    Quote Originally Posted by fulvio sammut View Post
    To quote Mr PT Barnum, the celebrated circus impressario, in his discourse on the subject of suckers, "There's one born every minute".

    And to paraphrase Mr Kerry Packer, "You only get an ARU once in a lifetime, and I've had mine."
    poor Bondy!

    0 Not allowed! Not allowed!

  4. #19
    Veteran Sheikh's Avatar
    Join Date
    Feb 2009
    Location
    Perth
    Posts
    3,641
    vCash
    196000
    Dry July! 141 Club Award
    Quote Originally Posted by Exile View Post
    ... How Andrew Cox can ask for $5-$7 Million Dollars for the Melbourne Rebels when it didn't cost him a cent to begin with, nothing like making a $5-$7 Million dollar profit.
    If Cox bought the team in 2015 and it's been costing him $2m a year, then $5-7m makes sense!

    1 Not allowed! Not allowed!
    Don't tell me the sky's the limit when there are footprints on the moon

  5. #20
    Champion sittingbison's Avatar
    Join Date
    Jun 2011
    Location
    North Freo
    Posts
    2,005
    vCash
    5346000
    Quote Originally Posted by Sheikh View Post
    If Cox bought the team in 2015 and it's been costing him $2m a year, then $5-7m makes sense!
    But...but...they'll be SAVING him $2m per year until 2020, so it evens out as a nett $0, especially as he "aquired" it for $0

    0 Not allowed! Not allowed!
    The long sobs of autumn's violins wound my heart with a monotonous languor

  6. #21
    Immortal GIGS20's Avatar
    Join Date
    Sep 2006
    Location
    Rockingham
    Posts
    17,073
    vCash
    1202000
    The Bronze Star of Faith
    Quote Originally Posted by Sheikh View Post
    If Cox bought the team in 2015 and it's been costing him $2m a year, then $5-7m makes sense!
    Look at Alison's figures, the ARU has been pretty much covering the debt

    0 Not allowed! Not allowed!
    C'mon the

  7. #22
    Immortal Contributor jono's Avatar
    Join Date
    Sep 2007
    Location
    Brisbane
    Posts
    10,470
    vCash
    5560000
    Dry July! TWF Contributor! MO-vember Donator The Bronze Star of Faith
    Quote Originally Posted by Exile View Post
    ... How Andrew Cox can ask for $5-$7 Million Dollars for the Melbourne Rebels when it didn't cost him a cent to begin with, nothing like making a $5-$7 Million dollar profit.
    Supply & demand.
    All this process has done is up the perceived value of MMRU.
    The imperium group suddenly don't want to sell for the 4.5 they wanted. Because to close this saga down the ARU would be getting off cheay for that initial amount. So they're going to crucify them and get 10+ out of the deal, as the ARU will still see it as the easiest option when weighted against the participation agreement with RWA

    0 Not allowed! Not allowed!

  8. #23
    Champion Contributor sandgroperrugby's Avatar
    Join Date
    Jan 2009
    Location
    Wattle Grove
    Posts
    1,760
    vCash
    5550000
    TWF Contributor!
    It is all about earning potential as well. Without the force the rebels stand to earn more (lose less) money if what the ARU have been saying is true. The ARU has pumped up the price for Cox by their statements and plans.

    What it looks like:
    1. The ARU culls the Force. RugbyWA takes the ARU to court in a protracted battle that costs the ARU significant coin. The Rebels still sue the ARU for damages relating to the effect of the announcement and not being able to secure talent for next year. This sees the ARU battling on two fronts and high potential losses that significantly effects the game and national body for years to come.
    2. The ARU purchases the Rebels and shuts them down this is expensive. Own the Force purchases the Force License in a not entirely mitigating windfall against the whole scenario. No court action against the ARU is sought.

    Both of these options don't take into account some of the biggest factors in my view player development and fan participation.

    0 Not allowed! Not allowed!

  9. #24
    Immortal GIGS20's Avatar
    Join Date
    Sep 2006
    Location
    Rockingham
    Posts
    17,073
    vCash
    1202000
    The Bronze Star of Faith
    Let's not forget that each team gets a 4 (roughly) million dollar grant from ARU to operate. buying the Reds license for 12m will only use the grant money to 2020. Remembering that over the course of their history, the Rebels have received an average of 5m a year in bailouts, that would point to a potential saving of 15m by the end of the current broadcast deal.

    Given the force bailout history and other commitments received, force should be self sustainable so it would save 12m minus legal costs.

    0 Not allowed! Not allowed!
    C'mon the

Page 2 of 2 FirstFirst 1 2

Similar Threads

  1. Only a Golfer can understand
    By Happy in forum Jokes
    Replies: 12
    Last Post: 27-03-08, 09:10
  2. Trialling laws mortals can understand
    By niggle in forum International Rugby
    Replies: 8
    Last Post: 28-03-06, 22:30

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •