You seem to forget the fact that privatisation takes time.
It takes as long as it needs to. Tinkler saw fit that the time had come.
What time frame woudl you put on privatisation?
You seem to forget the fact that privatisation takes time.
And if it falls below this for some reason how are the losses recouperated? By accumulating debt.
It doesnt.
No he is ensuring the club has a gaurenteed ammount of income, not an income based on possiblities due to recent history. He is also clearing the debt and ensuring no more is accumulated. Whilst he does not say he will put extra money into the knights, doesnt mean he will not.
They have their chance and then they move on and become better elsewhere. Whats the point of nurturing talent if we cant keep it?
In the end however this could just be a ploy for Tinkler to get the favour of the masses and get the board voted out. If this does happen I hope that Tinkler does put the Knights at heart otherwise I can garuentee that people like you will be back on here complaining about how Tinkler has ruined the Knights and how we should have voted no.
It takes as long as it needs to. Tinkler saw fit that the time had come.
What time frame woudl you put on privatisation?
So from your many sub responses, you feel that this deal is the best thing since sliced bread?
You, like many others, need to be objective.
I'm not taking sides, but in the essence of a true supporter of a sporting club, I want the Knights to be financially viable and if the board have decided to go another way, financially, then they have my support in any direction they take.
We've been in this debt for 20+ years...what makes you think that we'd fold anytime soon?
The NRL needs a team in Newcastle, we have just had a very expensive stadium upgrade and we turned a profit in 2009.
You just contradicted yourself, you say it takes as long as it needs to but then say Tinkler could control when the time was up. If privatisation takes its time to go through the motions why is All mighty Tinkler get the say in when time is up. I understand it is his deal but again, you can't walk into a club and offer money expecting it to be accepted instantly.
How about Tinkler wants his loan repaid and we have no way of repaying it?
No deal will ever be "the best" there are always going to terms tha dont sit well with everyone.
I am being objective. Im seeing the deal how it is intended and i put my opinions about it on pages 9/10 (i think).
Well youve just taken a side there. The boards. How is being potentially at losses and gaining more debt financially better to the knights then having a gaurenteed 10mil income and no debts?
So..a lot of you are saying Tinkler will have to pay nothing and hes getting the club for free.
But you forget that he has the power to lure big names to the club, ensure success and our debts are gone. He is a business man and duh you want profit. The Board need to take a long hard good look at themselves..it frustrates me that they arent rejoicing Tinkler is wanting to buy the club and instead all these complications come up because they think hes up to something and werent even intimidated by the fact he was going to pull out of the offer.
exactly, these talks failed because tinlker didn't want to wait for the vote, this means that tinkler is more to blame for the fall out then the knights board.
we didnt even have the option to vote!
Burraston: 'Alleged offers for Snowden, Idris & Bennett shows a lack of respect for the club & put doubts in their mind about the deal'
Lack of respect?! All this guy wants is Sucess that the club
No we didn't due to Tinkler's impatience.
How about Tinkler wants his loan repaid and we have no way of repaying it?
No it was due to the board not giving us that option. There been plenty of time before todays drama for it to happen. If they hadnt of been lazy about it we could already have had a date set for the vote.
Or even let us vote on the current proposal that was put forward that they wanted to seek clarification on today.
Why must we wait until they think the deal is good and ready for us to vote? Maybe it was good and ready for 75% of members now????
Well said James
---------- Post added at 06:50 AM ---------- Previous post was at 06:48 AM ----------
No it was due to the board not giving us that option. There been plenty of time before todays drama for it to happen. If they hadnt of been lazy about it we could already have had a date set for the vote.
Or even let us vote on the current proposal that was put forward that they wanted to seek clarification on today.
Why must we wait until they think the deal is good and ready for us to vote? Maybe it was good and ready for 75% of members now????