FFA Buy Perth Glory

[LS 11]

Effective May 1st FFA will gain control of Perth Glory

More details to emerge

[Victory2006]

[EDIT] Just read the article, Tana's leaving them I see.

Shame about that, he did great things with that club, made them a complete force, that choked on a few grand finals.

[sweedish]

Here is a copy of the article, From The Age

http://www.theage.com.au/news/Sport/FFA-take-control-of-Perth-Glory-club/2006/03/27/1143441087694.html

FFA take control of Perth Glory club
Email Print Normal font Large font March 27, 2006 - 10:20PM

Football Federation Australia will assume interim control of the Perth Glory club from May 1 with the current owners to pull the pin at the end of next month.

The owners, headed by chairman Nick Tana, reached an agreement with the FFA on Monday and will terminate their participation agreement on April 30.

The club issued a statement saying the FFA had given assurance that Perth Glory's future was in safe hands.

"A number of parties have declared a serious interest in purchasing the Perth Glory FC licence in the A-League competition, assuring the Western Australian club of its future," it read.

"FFA will continue talks with these interested groups and will also continue to negotiate the venue hire agreement for Members Equity Stadium on behalf of Perth Glory FC in preparation for the upcoming A-League season.

From May 1 the FFA will assist the club with day-to-day management until a new owner is installed.

The statement said Glory FC players contractual arrangements would be managed by the FFA and Perth Glory FC staff would be offered continued employment on a casual basis.

Head of Operations for the FFA, Matt Carroll, insisted a new owner was likely to be installed in the not too distant future.

"The FFA is committed to having Perth Glory in the A-League competition and we are confident that a new owner of the club will be confirmed in the near future," Carroll said.

[Melbourne Boys]

Bit of a joke.... bad for the league

[davidt24]

I wonder if the FFA will use their employer relationship with referees to ensure they win the league?? Start looking out for penalties to be awarded for incidents that occur 5 yards outside the box. Ha ha!

[stinger]

I heard they are going to relocate them to sydney so then their is a home game in sydney everyweek.

[gweeds]

For $1m you can cover yourself in Glory

By Aaron Timms

March 29, 2006


YOU'LL need $1 million and a love of Western Australia. In return, you'll get a football club with a dwindling fan base and a recent record of underachievement.

Interested? If so, the FFA would like to hear from you, because Perth Glory need a new owner.

The FFA yesterday announced it would be assuming interim control of the club from the beginning of May after reaching an agreement with the owners to terminate their licence.

The move comes after the Glory, long the engine room of the old NSL, finished a disappointing fifth in the inaugural season of the A-League and watched their fan base drop dramatically from the heights of the late 1990s.

It has long been an open secret in football circles that club chairman and majority owner Nick Tana wanted out of the club he founded in 1995.

The main reason for the cooling of Tana's once feverish ardour for the Glory is money. It is understood Perth Glory Pty Ltd, the corporation he set up to run the club, has accumulated losses in the region of $7m. That's more than double the loss Sydney FC incurred over the course of its first season - a drain that Tana, a foodstuffs czar, can ill afford.

Now, under the agreement brokered with the FFA, the club's accumulated losses will remain attached to Perth Glory Pty Ltd, while the club's intellectual property, players and other employees will come under the control of the FFA. This means that the new owner will be able to begin life at the club with a clean slate, free of the financial burdens of the past.

FFA head of operations Matt Carroll said the governing body was in negotiations with four groups to buy the club. He declined to identify them, though it is understood that both Paul Afkos, a former part-owner of the club, and David Rodwell, the current deputy chairman, are heading two of those groups.

Fans are concerned that this new period of instability will lead to further deterioration of the club's standing in the national league. But Carroll said: "It's our business to ensure the A-League is successful. So for us, it's critical that Perth Glory remains a viable, healthy club."

Asked whether this commitment to the club could extend to buying new players or investing in new infrastructure, Carroll responded: "Absolutely, if necessary."


--------------------------------------------------------

[Socceroo_06]

No guarantee on contracts as club awaits new management

JONATHAN COOK

Australian soccer officials cannot guarantee that existing Perth Glory player contracts will be honoured once chairman Nick Tana relinquishes the A-League licence - possibly to a Chinese consortium - next month.

Football Federation Australia head of operations Matt Carroll yesterday allayed fears the struggling outfit would be out of its depth next season, but conceded some players may not remain with the club.

Club officials, including technical manager Mich d'Avray and chief executive Jeff Dennis, have already been told they will not be employed by Glory after April 30, though FFA have offered to extend their employment on an interim basis from May 1. D'Avray and Dennis have not decided their future.

Glory have filled 14 of their 20 squad places for next season but new owners could decide against taking on existing contracts. "There's no guarantee, but in reality the FFA is about ensuring players are looked after," Carroll said yesterday.

As revealed in The West Australian on March 11, if a new owner is not found before April 30, FFA will take over the licence - and Carroll admitted some members of the Glory administration could leave.

"They've been offered redundancy packages, so they may want to move on. They may not," he said. "But if people do want to move on that's fine and we will then go into recruitment mode."

Carroll said the FFA's high performance unit would ensure Glory retained and recruited players for next season.

Five interested parties, including one from China and another from Malaysia, are considering ownership of the club and Carroll is optimistic of finalising new owners before the April 30 deadline.

"If there isn't a new owner we would have a management team in place," he said. "I don't think that will be the case, but if it is, we will manage it. There is a consortium from China which is very interested to the point where we are down to discussions on finances, so that one's progressing fairly rapidly."

FFA already has a stake in Melbourne Victory and Central Coast, while it also had initial control of inaugural champion Sydney FC.

Carroll said a marquee player would be off the Glory agenda until new owners were finalised.

D'Avray, who has been asked by South African businessman David Rodwell to be part of his ownership bid, has continued to sign players for next season, the club yesterday announcing Perth Soccer Club youngster David Micevski as the latest recruit. But d'Avray will now have to liaise with FFA before making further signings.

He said the signing of Micevski showed the club's commitment to young talent, particularly from WA.

Micevski is the eighth West Australian player to have signed to play for the Glory for next season.

D'Avray has said he is reluctant to buy into the soccer business but wants to remain with the club, depending on who the new owner is.

Local businessmen David Schrandt and Paul Afkos, who are spearheading separate consortia, reiterated yesterday their desire to take over the club.

[XYNO]

The main reason for the cooling of Tana's once feverish ardour for the Glory is money. It is understood Perth Glory Pty Ltd, the corporation he set up to run the club, has accumulated losses in the region of $7m. That's more than double the loss Sydney FC incurred over the course of its first season - a drain that Tana, a foodstuffs czar, can ill afford.

Aaron Timms is an idiot....he fails to mention that $7m loss is over NINE season......hmmm $7m over nine years, $3m in one year.....who's managing thier finaces better??


...we'll let him have it anyway, after all , they've been waitning 10 long years for a reason to bag us, hopefully after this low point in the club, it's at least another 10 years before they get the chance again

[Jake]

ffa are only managing glory till a buyer can be found.

[rooboy91]

ffa are only managing glory till a buyer can be found.


Still waiting.

[Viv Richards]

To XYNO/ONYX ,

What's the update at Perth?

[trelos]

The FFA shouldnt have anything to do with the running of the A League

[XYNO]

To XYNO/ONYX ,

What's the update at Perth?

Not good...this is all heresay mind you.

But the word is that the consortium that is the front runner is likely to ditch the name and colours and start again.

What's worse, it's the same guy involved (Paul Afkos) Who tried to screw over the glory, and was a member of the infamous "rump board" and one of the few people who resisted the overhaul of SA.

A while back there was news of him and associates starting a second side in the NSL based in perth....this is jusy a rekindling of thier idea, but this time as a replacement to glory.....and to spite Nick Tana of all things

[Socceroo_06]

Not good...this is all heresay mind you.

But the word is that the consortium that is the front runner is likely to ditch the name and colours and start again.

What's worse, it's the same guy involved (Paul Afkos) Who tried to screw over the glory, and was a member of the infamous "rump board" and one of the few people who resisted the overhaul of SA.

A while back there was news of him and associates starting a second side in the NSL based in perth....this is jusy a rekindling of thier idea, but this time as a replacement to glory.....and to spite Nick Tana of all things

And you reckon the FFA are going to let this happen?

[XYNO]

And you reckon the FFA are going to let this happen?

Well it's hard to believe..........but it's not totally dissmisable, especially considering the amount of prospective bidders seems to equal 2, and members of this consortium were put on the "Steering commitee" that were running glory in the interim

I think you're better off reading it on our forum though, as i am only relaying stuff posted on there

[LS 11]

The FFA shouldnt have anything to do with the running of the A League

So we should let the Presidents establish their feifdoms??

Now where have I seen that before?? Thats right, the NSL :(

[XYNO]

So we should let the Presidents establish their feifdoms??

Now where have I seen that before?? Thats right, the NSL :(

He's actually right, there is supposed to be a seperate A-league board to run the a-league independant of the FA, (as part of the crawford report recommendations) apparently this is going to be put in place.......when is another question altogether....whether that was the context he was using it in is another issue altogether

[trelos]

So we should let the Presidents establish their feifdoms??

Now where have I seen that before?? Thats right, the NSL :(

its in the crawford report, states that each club should have a representative on a board that controls the national comp, should be a seperate entity from the FFA, FFA only finances it

[dechamp]

Let's not forget the FFA still have other issues to work out as well. Although trying to sell Perth Glory is a big thing, setting up a youth league and a womans league and getting the Knights up to standard are just as important.

[Gunner10]

its in the crawford report, states that each club should have a representative on a board that controls the national comp, should be a seperate entity from the FFA, FFA only finances it

I guess it'd be like Premier League being separate from English FA ...

If FFA "only finances it", then A-league would answer for most things in front of FFA which makes sense.

Let's not forget the FFA still have other issues to work out as well. Although trying to sell Perth Glory is a big thing, setting up a youth league and a womans league and getting the Knights up to standard are just as important.

Yes, youth league! Should be number one by a mile among the things you name ...

[LS 11]

setting up a youth league and a womans league and getting the Knights up to standard are just as important.


Here I think we differ