thoughts on kangas being privatised
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kmartkid
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The club is already privatised with a number of share holders.
I have 5000 shares in the club.
If a major company wants to give us a large amount of money for a majority shareholding - then I agree with duck - go for it !
It will be like any other sponsorship with the added benefit to the sponsor of being able to say "we own shares in the footy club"
The club was privatised by Bob Ansett in the early 80's ! The story is OLD !!!!
I have 5000 shares in the club.
If a major company wants to give us a large amount of money for a majority shareholding - then I agree with duck - go for it !
It will be like any other sponsorship with the added benefit to the sponsor of being able to say "we own shares in the footy club"
The club was privatised by Bob Ansett in the early 80's ! The story is OLD !!!!
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kmart kid
Your reply made me feel very inept. Do you owning 5000 shares mean that you are a more ardent supporter than myself. So this is old news re privatisation.My thoughts are that any old idea rejuvinated is good news. No wonder supporters are jumping ship when made to feel inadequate. Hopefully your comments were taken out of context and that me a 5th generation supporter continues to follow the roos through thick and thin like my ancestors did. You seem to be the typical negative person that is seen by our opposition as a smart arse. Maybe I'm reading something into you comments that aren't there. I hope I', wrong. Val
Your reply made me feel very inept. Do you owning 5000 shares mean that you are a more ardent supporter than myself. So this is old news re privatisation.My thoughts are that any old idea rejuvinated is good news. No wonder supporters are jumping ship when made to feel inadequate. Hopefully your comments were taken out of context and that me a 5th generation supporter continues to follow the roos through thick and thin like my ancestors did. You seem to be the typical negative person that is seen by our opposition as a smart arse. Maybe I'm reading something into you comments that aren't there. I hope I', wrong. Val
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Hi Val - KMK can answer for themselves but I read the comments as more of a kick at the Footy Show (and everyone else in the media who pick up a sniff of a financial story connected with the Roos, and act like it's the biggest coup ever).
Hear HSV have denied this story - which Mazda would have to be pleased about. I'd rather keep the sponsor we've got happy, rather than risk their goodwill on a maybe like this.
I guess the principle of companies or individuals investing in shares is fine, it's good for the club - and good on KMartKid and everyone else (includes pretty well all the posters on here one way or another) who is able and willing to put money behind the Roos.
But the share thing is only a good idea as long as it doesn't cut out the members' rights, and this "taking over" talk is stopped. No one company or person should own/control a football club, it's never worked and - call me old-fashioned - it undermines the whole point. These are CLUBS, not corporations. It takes more than just money to keep them operating meaningfully.
see you all Sunday afternoon
Hear HSV have denied this story - which Mazda would have to be pleased about. I'd rather keep the sponsor we've got happy, rather than risk their goodwill on a maybe like this.
I guess the principle of companies or individuals investing in shares is fine, it's good for the club - and good on KMartKid and everyone else (includes pretty well all the posters on here one way or another) who is able and willing to put money behind the Roos.
But the share thing is only a good idea as long as it doesn't cut out the members' rights, and this "taking over" talk is stopped. No one company or person should own/control a football club, it's never worked and - call me old-fashioned - it undermines the whole point. These are CLUBS, not corporations. It takes more than just money to keep them operating meaningfully.
see you all Sunday afternoon
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Have to be the biggest non story of the year!!!
Just another add for GMH on the footy show!
HSV floated the idea and then dropped it, didn't address the Roos or the AFL
An absolute non event!
Good exposure though and a nice lead into the 67974975963th Holden segement!!
My 2 cents
The ever cynical Gonzo!!
BTW - Locker Room Sunday 1 pm???
Just another add for GMH on the footy show!
HSV floated the idea and then dropped it, didn't address the Roos or the AFL
An absolute non event!
Good exposure though and a nice lead into the 67974975963th Holden segement!!
My 2 cents
The ever cynical Gonzo!!
BTW - Locker Room Sunday 1 pm???
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Its just Eddie flogging his sponsors.He flogged Emirates to death this week & last week.
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...............and Buckley's meat-n-potatoes also!
(I'm dead certain he has a cardboard cut-out of Buckley's head stuck over his missus' head when they are 'bumping ugly').
In the Roos' section of the AFL site this morning, there is one article which says Holden is considering making a bid for the club, and another article which says they had laready considered it but have now abandoned the idea. Both are dated 8th June (today), so they can't both be right.
I don't think much will come of this, and reckon this huge exclusive mooted on the Footy Show was, as JUBJUB said, just Eddie McConflictofinterest hyping up a sponsor and filling 20 minutes of his show. Wasn't terribly interesting viewing either.
I don't think much will come of this, and reckon this huge exclusive mooted on the Footy Show was, as JUBJUB said, just Eddie McConflictofinterest hyping up a sponsor and filling 20 minutes of his show. Wasn't terribly interesting viewing either.
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Would Eddie of done this type of story if the Sponsor was another car maker ?
The answer -NOT F*CKING LIKELY
The answer -NOT F*CKING LIKELY
It was reported pn triple eddie that Andrew was in Sydney lunching with Holden execs yesterday. One being an ex North player, cant remember who it was now. Eddie was heard to say loud and clear, "I dont start stories that dont have something to them. Well you would have to admit that. The Gutnik story was one. No I wouldnt give up on this one, not just yet. I think that someone just found out about it a little to early. You know what happens, they put these stories out and about to get the feel of what everyone, including our supporters think. And like it or not that is what the media is out there for. I hate them.
Re: kmart kid
Val, KMartKid is just on a different wave length to a few of us and I certainly wouldn't take any offence by what he wrote.
You've not need to feel inadequate because I certainly appreciate you being here & look forward to reading more of you posts, particularly about your family.
A big, big welcome to you. The more the merrier!
Val, KMartKid is just on a different wave length to a few of us and I certainly wouldn't take any offence by what he wrote.
You've not need to feel inadequate because I certainly appreciate you being here & look forward to reading more of you posts, particularly about your family.
A big, big welcome to you. The more the merrier!
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From what I can gather about HSV buying into North, it doesn't make any sense for them to have a 5 to 10% shareholding in the club.
Firstly, it locks their money into the club with little chance of any return by way of dividends or capital growth (as Carlton found out when they sold their shares back to us for pretty much the same amount that they bought them.....in effect, we got a free loan for 10 years....ha ha).
They also only become one small player (since they don't get majority control) in the club's decision making processes. There would be nothing to prevent the other 90% shareholders from accepting a sponsorship from another car manufacturer in the long term. If they were to get rid of the shares, they would then have the problem of trying to find a buyer....that's not so easy since the North Melbourne shares are not traded on the open markets (ie. the ASX).
If they were to put money into the club, it would make far more sense for them to do it by sponsorship, although they would have to wait until the end of the Mazda sponsorship.
If HSV were to be able to buy a controlling stake in the club, then I would be against it. Since HSV is ultimately part of General Motors, we would be a tiny part of a large corporation. If for whatever reason, they had to cut back on expenses (and hey, it doesn't bother them if they sack thousands of workers), then we would be one of the first to be cut. If they can't find a buyer, then they'd probably close us down.
In the end, don't put the future of our club in the hands of people that have no love or passion for our footy club.
Firstly, it locks their money into the club with little chance of any return by way of dividends or capital growth (as Carlton found out when they sold their shares back to us for pretty much the same amount that they bought them.....in effect, we got a free loan for 10 years....ha ha).
They also only become one small player (since they don't get majority control) in the club's decision making processes. There would be nothing to prevent the other 90% shareholders from accepting a sponsorship from another car manufacturer in the long term. If they were to get rid of the shares, they would then have the problem of trying to find a buyer....that's not so easy since the North Melbourne shares are not traded on the open markets (ie. the ASX).
If they were to put money into the club, it would make far more sense for them to do it by sponsorship, although they would have to wait until the end of the Mazda sponsorship.
If HSV were to be able to buy a controlling stake in the club, then I would be against it. Since HSV is ultimately part of General Motors, we would be a tiny part of a large corporation. If for whatever reason, they had to cut back on expenses (and hey, it doesn't bother them if they sack thousands of workers), then we would be one of the first to be cut. If they can't find a buyer, then they'd probably close us down.
In the end, don't put the future of our club in the hands of people that have no love or passion for our footy club.
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Val, Val, Val, what on earth is wrong with you? You should only feel inept because you could do more but can't be fagged?
If you have the money and don't mind giving it to the Kangas as Kmart did-then good on you. I can't afford $8500 a year, but all up I would spend about $1000-$1500 year on memberships, merchanise and functions. There are plenty of others that out do me and Kmart each year.
If your contribution is only buying a standard membership and you get to every game and use your voice then your doing your bit.
If Holden want a 10% share then give it to them. I don't think we can afford to be fussy.
The story is obviously correct. Why would Holden put it out if it wasn't. The whole reason G. Miller put the idea forward was to create interest as this has done.......
If you have the money and don't mind giving it to the Kangas as Kmart did-then good on you. I can't afford $8500 a year, but all up I would spend about $1000-$1500 year on memberships, merchanise and functions. There are plenty of others that out do me and Kmart each year.
If your contribution is only buying a standard membership and you get to every game and use your voice then your doing your bit.
If Holden want a 10% share then give it to them. I don't think we can afford to be fussy.
The story is obviously correct. Why would Holden put it out if it wasn't. The whole reason G. Miller put the idea forward was to create interest as this has done.......
I wish it was BMW putting in a bid.
With Holden, I get the feeling the club would overheat and sh*t itself as soon as the temperature gets over 25 degrees.
With Holden, I get the feeling the club would overheat and sh*t itself as soon as the temperature gets over 25 degrees.
I was brought up to believe Brocky was god, owning a Holden were a privilege not a right and to pronounce Bathurst like a Victorian, not like they do in NSW.
I put all that behind me and am now on my second Ford, not just any ford either, a Falconfukken.
Maybe I am too quick to sell out, but if we became the HSV Kangaroos, I think it would be a pretty cool image.
I put all that behind me and am now on my second Ford, not just any ford either, a Falconfukken.
Maybe I am too quick to sell out, but if we became the HSV Kangaroos, I think it would be a pretty cool image.
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Actually, now that you put it that way, HSV KANGAROOS , it does have a nice ring to it. We could be like those other European football clubs who are owned by corporations like PSV Eindhoven (owned by Philips), Bayer Leverkusen (owned by Bayer), and Parma (who are owned by dairy giants, Parmalat).
kmartkid
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Well, having been offline for a couple of days I have just had a chance to see these posts.
I can't see how my comments could be taken to imply that I am a more ardent supporter than other people and that my attitude is the reason people would leave the club ! Also, what is negative bout my post ?
I was simply stating a fact and said the same things when the issue was brought up earlier in the year. This is the second time this year the ownership of the Nth Melbourne Football Club Pty Ltd has been raised.
Greg Miller and Andrew Carter also have shares - does this make Val feel inept ?
In fact there would be about 200 -300 individual share holders in the club. All Vice Presidents are shareholders - this includes Duck, Stevo, Arch and McKernan.
Presumably all the people who read these posts are members and as such should stick together.
The point is not what level of membership you have but that you are a member. All member are equal in terms of voting at meetings etc.
Frankly, with the basic membership at $40 anyone who says they support Nth and aren't members are just not serious !
And, BTW I don't attend corporate functions AND I sit in the stands each week AND I stood in the outer at the Geelong game with other Nth members. I just happen to feel that an investment in the club is a good thing to do. Certainly the outlay I have made this year represents a substantial proportion of my disposable income.
I can't see how my comments could be taken to imply that I am a more ardent supporter than other people and that my attitude is the reason people would leave the club ! Also, what is negative bout my post ?
I was simply stating a fact and said the same things when the issue was brought up earlier in the year. This is the second time this year the ownership of the Nth Melbourne Football Club Pty Ltd has been raised.
Greg Miller and Andrew Carter also have shares - does this make Val feel inept ?
In fact there would be about 200 -300 individual share holders in the club. All Vice Presidents are shareholders - this includes Duck, Stevo, Arch and McKernan.
Presumably all the people who read these posts are members and as such should stick together.
The point is not what level of membership you have but that you are a member. All member are equal in terms of voting at meetings etc.
Frankly, with the basic membership at $40 anyone who says they support Nth and aren't members are just not serious !
And, BTW I don't attend corporate functions AND I sit in the stands each week AND I stood in the outer at the Geelong game with other Nth members. I just happen to feel that an investment in the club is a good thing to do. Certainly the outlay I have made this year represents a substantial proportion of my disposable income.
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Just a point of clarification, HSV is jointly owned by Tom Walkinshaw Racing Group (TWR) (75%) and General Motors - Holden Australia (25%).
Working in the automotive industry I know it is fact that HSV and Holden buyers are very loyal to the company, with turnover of vehicles low, and resale prices high.
If HSV told there customers to buy a North membership they would. If North could tie in with HSV and Walkinshaw our future would be gauranteed. The money in an AFL club, (remember the dollar is 50 cents US) to somebody like Walkinshaw is absolute squat.
The bloke owns the arrows Formula 1 team and a load of other European racing teams. It is Walkinshaw who has the controlling interest in HSV and this bloke is one very successful cookie. Don't put him in the same group as the former owners of the Bears and Swans, thats like comparing a Carngham seconds player to Carey.
And blokes like Walkinshaw do not go broke. He is genius in the racing industry and don't underestimate the brand power of the Kangaroo as a marketing tool to HSV and Walkinshaw. Even if we could get them as a sponsor the flow on effects would be huge. For example Orange is the major sponsor of Arrows and we know which AFL club they sponsor. If HSV took ownership in North I know what Orange would do with there sponsorship.
I hope that Miller and Carter are doing everything possible to ensure something comes of this. And a final point if they want to buy the club they will. Money is no objective to these guys, they pump hundreds of millions of dollars into motor racing every year. They could buy the shareholders out with loose change.
Working in the automotive industry I know it is fact that HSV and Holden buyers are very loyal to the company, with turnover of vehicles low, and resale prices high.
If HSV told there customers to buy a North membership they would. If North could tie in with HSV and Walkinshaw our future would be gauranteed. The money in an AFL club, (remember the dollar is 50 cents US) to somebody like Walkinshaw is absolute squat.
The bloke owns the arrows Formula 1 team and a load of other European racing teams. It is Walkinshaw who has the controlling interest in HSV and this bloke is one very successful cookie. Don't put him in the same group as the former owners of the Bears and Swans, thats like comparing a Carngham seconds player to Carey.
And blokes like Walkinshaw do not go broke. He is genius in the racing industry and don't underestimate the brand power of the Kangaroo as a marketing tool to HSV and Walkinshaw. Even if we could get them as a sponsor the flow on effects would be huge. For example Orange is the major sponsor of Arrows and we know which AFL club they sponsor. If HSV took ownership in North I know what Orange would do with there sponsorship.
I hope that Miller and Carter are doing everything possible to ensure something comes of this. And a final point if they want to buy the club they will. Money is no objective to these guys, they pump hundreds of millions of dollars into motor racing every year. They could buy the shareholders out with loose change.
Sporting cliubs all over the world are owned by companies, and it won't be long before there is one in Australia.
There are real advantages in owning an aussie rules club.
Last year the Roos posted a $1.4M loss. That effectively means it would have cost the company $1.4m for the year. When you consider how much company exposure and free advertising that you get by being associated whith an AFL club, that $1.4M is chicken feed. How much do you think sponsors are paying Ess, Carl and the Pies now per year?
And don't forget, we normally make a profit, even if it is small.
Big Ed was correct when he said that once some of these companies work this out... they'll come running.
The company mentioned in the story was NOT GMH. It was HSV, a company owned by Tom Wilkinshaw.
Tom Wilkinshaw also owns a Formula One racing team, as well as a Soccer team in england. He is totally involved in world sports, and sure knows his apples.
IMO, it would be a great choice. Members would not affected in any way. Clubs in the USA are privately owned, but they still need the members.
As for the current shareholders, they are nothing more that very loyal supporters, who are able to give more than most. And for that I respect them. But it has to be a major shareholder who takes full control to make it work......a bit like Joe!
There are real advantages in owning an aussie rules club.
Last year the Roos posted a $1.4M loss. That effectively means it would have cost the company $1.4m for the year. When you consider how much company exposure and free advertising that you get by being associated whith an AFL club, that $1.4M is chicken feed. How much do you think sponsors are paying Ess, Carl and the Pies now per year?
And don't forget, we normally make a profit, even if it is small.
Big Ed was correct when he said that once some of these companies work this out... they'll come running.
The company mentioned in the story was NOT GMH. It was HSV, a company owned by Tom Wilkinshaw.
Tom Wilkinshaw also owns a Formula One racing team, as well as a Soccer team in england. He is totally involved in world sports, and sure knows his apples.
IMO, it would be a great choice. Members would not affected in any way. Clubs in the USA are privately owned, but they still need the members.
As for the current shareholders, they are nothing more that very loyal supporters, who are able to give more than most. And for that I respect them. But it has to be a major shareholder who takes full control to make it work......a bit like Joe!
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Originally posted by Darky
I wish it was BMW putting in a bid.
With Holden, I get the feeling the club would overheat and sh*t itself as soon as the temperature gets over 25 degrees.
I had an EK Holden as my first car......Strangely enough, boiled over once or twice on the Great Ocean Rd. Any temp over 30 was dangerous. However , the car just kept on going and going and going........Just like we want North to do.
