News GFG on board as joint major sponsor

[AdamMarrett]

still can’t believe we are sponsored by a ******* mining company... We’ve definitely moved a long way from working class roots..

What on earth is that about?

I didn't realise the Port Adelaide Football Club was in charge of the government's carbon emissions program or in charge of climate change reforms. It's a bloody football club that relies on sponsorship dollars for godsake.

 

[dirty2]

 

[Grave Danger]

Who still thinks it's Portia?

 

[Astronema]

I suppose you don't like MG either because you know cars are bad for the environment too?

Perhaps we can ask Elon to get Tesla to sponsor us?

I think I would actually have to stop supporting Port Adelaide if Elon Musk came anywhere near us. I’m sure whatever his name is who runs GFG is just as evil, but the lord of the incels pictured shaking Boak’s hand at a press conference would be a bridge too far for this girl.

 

[steve4445]

I thought i was on bigfooty not the labor and greens forum.

 

[Janus]

We need a sponsor that will give us a shot in the arm, or generally harden us up...


View attachment 1112178

Pfizer changed their logo in preparation for the Ports announcement:

The only problem is we need to go back to the dying dolphin as our clash jumper...

 

[GremioPower]

What could go wrong?

As long as we get paid, nothing.

 

[Gold Rozee]

We should probably just say being employed in a skilled job makes you bourgeois, and therefore trash or something.

Proud bourgeois here that works in mining. We are only considered trash because these people are jealous of our lifestyles and the fact we earn s**t loads more cash than them.

 

[Gold Rozee]

No i just really *really* don’t like mining companies aka the main accelerator of environmental destruction and climate change.

So all the niceties you enjoy, you know where those raw material come from? yep that's right resource companies. Mining companies produce the materials the world needs.

 

[Chizza12]

still can’t believe we are sponsored by a ******* mining company... We’ve definitely moved a long way from working class roots..

Your font colour and opinions trigger me, I'll attempt to work through it...

 

[John the Butcher]

So is Pfizer the new red bull?

 

[VineValerian]

still can’t believe we are sponsored by a ******* mining company... We’ve definitely moved a long way from working class roots..

Does anyone actually know what this is supposed to mean?

 

[Garibaldi Red]

 

[OneGreatClub]

 

[Alberton Proud]

We need more soup kitchen sponsorships.

Foodbank ?

 

[RussellEbertHandball]

The Fin Review named the financiers

Gupta’s GFG signs $430m deal for Whyalla

The embattled conglomerate has been thrown a lifeline by White Oak Global Advisors to pay out debts owed to Greensill Capital on the Whyalla steelworks and Tahmoor Coal.

www.afr.com

Billionaire Sanjeev Gupta appears to have saved the Whyalla steelworks after cementing a $430 million refinancing of the steelworks and his Tahmoor Coal operations, replacing funding which had previously stemmed from the collapsed Greensill Capital.

Mr Gupta’s GFG Alliance said on Wednesday the new financing agreement “is sufficient to pay out its Greensill debt in full” on the funding for the Liberty Primary Metals Australia entity which owns the Whyalla steelworks and Tahmoor operations in New South Wales.

It is understood the agreement has been struck with San Francisco-based White Oak Global Advisors.

GFG said the offer of financing is subject to conditions and documentation being signed, but that process had already started and was expected to be completed within four weeks.

The refinancing agreement could mean a potential alteration in the timetable for court action taken by Swiss financial giant Credit Suisse, which is scheduled to be heard in the NSW Supreme Court on Thursday.

This InDaily story repeats a lot of the Fin Review story if you can't access link above.

Deal set to save Whyalla steelworks - InDaily

The embattled Whyalla steelworks appears to have been saved, with Sanjeev Gupta’s GFG Alliance announcing a refinancing deal just hours before a court bid to wind up its operations is set to begin.

indaily.com.au

 

[Eddie Dingle]

Who still thinks it's Portia?

You’d be very wrong then.

 

[Grave Danger]

You’d be very wrong then.

Yeah, I think you've read that the wrong way m80 - when the purple prosed one first emerged on these boards some posters seemed convinced it was Portia, I was asking them to think again maybe.

 

[Eddie Dingle]

Yeah, I think you've read that the wrong way m80 - when the purple prosed one first emerged on these boards some posters seemed convinced it was Portia, I was asking them to think again maybe.

Be ******* clearer then.

 

[Grave Danger]

Be ******* clearer then.

 

[Steve Dore]

It's being reported that GFG is being investigated for fraud in the UK in relation to dealings with Greensill.

Gupta’s Whyalla rescue deal doubts as UK fraud agency launches probe

With GFG under official investigation for suspected fraud and money laundering, potential saviour White Oak is scrambling.

www.afr.com

 

[spookism]

Well.
It was fun while it latest.

 

[Incarnate]

UK targets Gupta's GFG Alliance in fraud probe linked to Greensill

Tycoon Sanjeev Gupta's commodities empire is being investigated by Britain's Serious Fraud Office in a probe that encompasses the conglomerate's links to collapsed lender Greensill Capital, the SFO said on Friday.

www.reuters.com

If unable to read elsewhere^^

 

[I Dont Care]

I think I would actually have to stop supporting Port Adelaide if Elon Musk came anywhere near us. I’m sure whatever his name is who runs GFG is just as evil, but the lord of the incels pictured shaking Boak’s hand at a press conference would be a bridge too far for this girl.

You know that mobile phone you're using? Do you think it grew on a tree?

 

[Schulzenfest]

You know that mobile phone you're using? Do you think it grew on a tree?