V'landys vs McLachlan

[Help My Club]

V'landys in a first round knockout. This guy is a doer.

 

[Quicky]

When the dust settles I reckon it will be pretty clear the NRL/V'Landys took a massive haircut when agreeing to the new TV rights deal. I'm not sure coming out of negotiations with less than what you had previously is a great outcome. But perhaps it could have been much worse and is acceptable in the circumstances. This is a honeymoon period for V'Landys.

P.S. This is not an endorsement of McLachlan. Those brothers are as skeevy as you get.

 

[magpies42]

Gill managing the AFL when he came in was akin to Howard during his entire tenure...you could hardly do wrong. Growth is guaranteed, although he has tried his best to stuff up the game with all the various rule changes etc. The COVID situation has shown us clearly that the AFL is carrying too many liabilities in terms of AFLW, AFL expansion clubs and the lesser clubs like north. Had COVID not hit they would have sustained the lot and kept things growing at a steady rate.

Vlandys sounds like an a grade flog,and that the extent I know about him and the NRL.

 

[Help My Club]

Whether one like V'Landys or not is irrelevant.

I suspect he wouldn't think twice about cutting the AFL competition back to a more sustainable 12-14 teams by removing 2 obvious expansionist clubs and merging other permanently non profitable clubs. Not to mention PC competitions. Wouldn't bat an eyelid.

Quality leadership comes to the fore during times of crises whilst at the same time front runners are exposed. Further, I suspect he wouldn't be cosying up to certain Presidents of AFL clubs.

 

[jefffff34]

The thing that I didn't get out of v'Landys picking May 28 all those weeks ago as the resumption date was the backlash that he got.

He always stated, that that was the date they were aiming for. If they weren't allowed by restrictions or the various state Government's put their feet down on it, they would reassess. But what it did, was it allowed everyone to plan.

And he got it to work.

 

[Help My Club]

The thing that I didn't get out of v'Landys picking May 28 all those weeks ago as the resumption date was the backlash that he got.

He always stated, that that was the date they were aiming for. If they weren't allowed by restrictions or the various state Government's put their feet down on it, they would reassess. But what it did, was it allowed everyone to plan.

And he got it to work.

Spot on!

2 months ago V’Landys was being pilloried for trying to get the game back up and running sooner rather than later. But that didn’t stop him. Now he is rightly the toast of Sydney town and beyond.

It is called doing rather than fiddling around the edges.

 

[sideswipe]

Spot on!

2 months ago V’Landys was being pilloried for trying to get the game back up and running sooner rather than later. But that didn’t stop him. Now he is rightly the toast of Sydney town and beyond.

It is called doing rather than fiddling around the edges.

An alternate view is that V'Landys may have blinked with Channel 9 and took a massive haircut because the NRL desperately needed cash flow. But my view is that both the AFL and NRL seem to have done well so far in this crisis. Proof will be in the pudding in the years to come. The AFL is a far bigger business and has a much better balance sheet. I know which code I would like to be running.

Organising a $500m club loan with two banks in the space of a few weeks is a little more than "fiddling around the edges". Ang getting our game to start next week has been a neat trick.

 

[Kwality]

V'Landys role in the NRL is the equivalent of Richard Goyder not Gil.

Gil is the CEO of the AFL, Mr V'L is CEO of Racing NSW. Racing hasnt missed a beat.

 

[sideswipe]

V'Landys role in the NRL is the equivalent of Richard Goyder not Gil.

Gil is the CEO of the AFL, Mr V'L is CEO of Racing NSW. Racing hasnt missed a beat.

True enough, but V'Landys seems to have been a very hands on chair through this period, especially after exiting the previous CEO.

 

[TradeDraft]

Whether one like V'Landys or not is irrelevant.

I suspect he wouldn't think twice about cutting the AFL competition back to a more sustainable 12-14 teams by removing 2 obvious expansionist clubs and merging other permanently non profitable clubs. Not to mention PC competitions. Wouldn't bat an eyelid.

Quality leadership comes to the fore during times of crises whilst at the same time front runners are exposed. Further, I suspect he wouldn't be cosying up to certain Presidents of AFL clubs.

Gil be too Scared to do that

 

[TradeDraft]

Spot on!

2 months ago V’Landys was being pilloried for trying to get the game back up and running sooner rather than later. But that didn’t stop him. Now he is rightly the toast of Sydney town and beyond.

It is called doing rather than fiddling around the edges.

Up in Shitney they be saying how he beat the AFL to a Return Date

 

[Help My Club]

An alternate view is that V'Landys may have blinked with Channel 9 and took a massive haircut because the NRL desperately needed cash flow. But my view is that both the AFL and NRL seem to have done well so far in this crisis. Proof will be in the pudding in the years to come. The AFL is a far bigger business and has a much better balance sheet. I know which code I would like to be running.

Organising a $500m club loan with two banks in the space of a few weeks is a little more than "fiddling around the edges". Ang getting our game to start next week has been a neat trick.

If I may, organising a fully secured loan of $600 million against collateral worth north of $1.0 billion aint that tough. Furthermore, I can imagine the bank syndicate is charging a very healthy above market interest rate for taking on the risk. And really what risk? The AFL aint going to fold and I'm confident there would be an implicit guarantee from the State Governments to that effect.

Of course the AFL would be a better code to run. But imagine how more powerful/productive/cost effective it would be if managed by real world business operators.

 

[Kappa]

If I may, organising a fully secured loan of $600 million against collateral worth north of $1.0 billion aint that tough. Furthermore, I can imagine the bank syndicate is charging a very healthy above market interest rate for taking on the risk. And really what risk? The AFL aint going to fold and I'm confident there would be an implicit guarantee from the State Governments to that effect.

Of course the AFL would be a better code to run. But imagine how more powerful/productive/cost effective it would be if managed by real world business operators.

It's not a loan though.

 

[left at home]

Whether one like V'Landys or not is irrelevant.

I suspect he wouldn't think twice about cutting the AFL competition back to a more sustainable 12-14 teams by removing 2 obvious expansionist clubs and merging other permanently non profitable clubs. Not to mention PC competitions. Wouldn't bat an eyelid.

Quality leadership comes to the fore during times of crises whilst at the same time front runners are exposed. Further, I suspect he wouldn't be cosying up to certain Presidents of AFL clubs.

Yes he would think twice, they are openly talking about another brissy team, and there are a few nrl teams in financial problems, and have been for a while and there is no talk of cutting or merging them

 

[Sea fog]

It was easier for rugba league to start earlier because they don't have the border issues the AFL faces. Rugba isn't a national competition. Their financial situation is more precarious despite not having to manage parasitic teams like the AFL.

 

[Anzacday]

It was easier for rugba league to start earlier because they don't have the border issues the AFL faces. Rugba isn't a national competition. Their financial situation is more precarious despite not having to manage parasitic teams like the AFL.

For some reason I read this post with a pommy accent

 

[Sea fog]

For some reason I read this post with a pommy accent

Of course that is how he pronounces rugby.

 

[Sea fog]

 

[Anzacday]

Sea fog I’d never heard him speak before.
Classic

 

[sideswipe]

If I may, organising a fully secured loan of $600 million against collateral worth north of $1.0 billion aint that tough. Furthermore, I can imagine the bank syndicate is charging a very healthy above market interest rate for taking on the risk. And really what risk? The AFL aint going to fold and I'm confident there would be an implicit guarantee from the State Governments to that effect.

Of course the AFL would be a better code to run. But imagine how more powerful/productive/cost effective it would be if managed by real world business operators.

You may, but that is a rather simplistic view of institutional banking. Banks don’t make facilities available just because there is good security. Before security comes into it, simply put the lender needs to be convinced it will be repaid with business cash flow, not by realising security. And that wouldn’t have been easy in this environment.

Why do you think the AFL exec doesn’t contain “real world operators”, whatever that might mean?


Sent from my iPhone using BigFooty.com

 

[Help My Club]

You may, but that is a rather simplistic view of institutional banking. Banks don’t make facilities available just because there is good security. Before security comes into it, simply put the lender needs to be convinced it will be repaid with business cash flow, not by realising security. And that wouldn’t have been easy in this environment.

Why do you think the AFL exec doesn’t contain “real world operators”, whatever that might mean?


Sent from my iPhone using BigFooty.com

"Before security comes into it, simply put the lender needs to be convinced it will be repaid with business cash flow, not by realising security."

You are spot on Sideswipe (love the name by the way). Given the uncertainty of the AFL's cashflow going forward, why would any self respecting Bank lent to them? Implicit Government pressure/guarantees perhaps! Other than that, it looks a pretty risky lend.

Real world operators may not have been the best choice of words - fair to say I'm not a fan of the overly PC environment we live in today. V'Landys appears to be a bloke who doesn't subscribe to that shit whilst McLachlan and his cohorts do. Just an observation.

 

[Help My Club]

Yes he would think twice, they are openly talking about another brissy team, and there are a few nrl teams in financial problems, and have been for a while and there is no talk of cutting or merging them

Watch this space and at least Brissy is a rugby stronghold.

Correct me if I'm wrong - there is only 1 NRL team in Melbourne and none in Adelaide and Perth - all AFL stronghold cities. Smart - no point in flogging a dead horse.

 

[sideswipe]

"Before security comes into it, simply put the lender needs to be convinced it will be repaid with business cash flow, not by realising security."

You are spot on Sideswipe (love the name by the way). Given the uncertainty of the AFL's cashflow going forward, why would any self respecting Bank lent to them? Implicit Government pressure/guarantees perhaps! Other than that, it looks a pretty risky lend.

Real world operators may not have been the best choice of words - fair to say I'm not a fan of the overly PC environment we live in today. V'Landys appears to be a bloke who doesn't subscribe to that shit whilst McLachlan and his cohorts do. Just an observation.

There may well have been government involvement - but isn't that a neat trick in and of itself? Each to their own on opinions. That's what makes the world go 'round (actually untrue).

 

[left at home]

Watch this space and at least Brissy is a rugby stronghold.

Correct me if I'm wrong - there is only 1 NRL team in Melbourne and none in Adelaide and Perth - all AFL stronghold cities. Smart - no point in flogging a dead horse.

BUt half the teams in Sydney and the one at the Gold Coast are nearly broke most of the time.
As for Perth there was one once, a while ago.
The reason there back before us, is the whole comp was nearly bankrupted, so don’t think there doing that well

 

[ottoman]

What the hell is a V'landys.
When did words like this creep into the English vocabulary.