Central Coast Mariners - Better than the Knights
Central Coast Mariners' SOS to Singo
"Football is like a pyramid. To reach the top is easy. It is staying there that is difficult" - Patrice Evra
Singleton has told the players he will do "whatever it takes" to secure the club's future, and will hold talks with owner Peter Turnbull about taking control of last season's grand finalists.
The Daily Telegraph has learned that the Mariners owe a tax bill of more than $1.5 million, and until last month were a year behind on their superannuation payments.
With some $200,000 owed on the super accounts, the PFA was forced to intercede on the players' behalf, and negotiated a payment schedule including interest. Although the first instalment was made in August, there is concern among some of the players that they will not be paid their wages this week.
Turnbull bought a controlling stake in the Mariners in 2007 and has ploughed millions into the club and to the related academy development at Tuggerah.
But a number of sources have confirmed to The Daily Telegraph that the club is in desperate financial straits, with some local businesses waiting months for bills to be settled.
CEO John McKay, who has been with the club since 2005, resigned on Friday in frustration at the club's mounting problems, and a source very close to the playing group contacted The Daily Telegraph last week to express their fear that the club could not exist in its current form for much longer: "The players and their families are very stressed. They have children in schools and mortgages to pay, and they keep being fobbed off with excuses," the source said.
"(Coach) Graham Arnold has done an amazing job shielding the players from all this and keeping their concentration on the football, but they're not stupid. That's why they spoke to 'Singo'."
FFA sources say they would be comfortable with Singleton taking control of the Mariners, but in truth it would get the governing body out of a hugely difficult position.
A-League head Lyall Gorman was executive chairman of the Mariners from its inception until August last year - and as The Daily Telegraph revealed in July - retains a substantial shareholding in Central Coast Mariners Developments Ltd, the company that owns 65 per cent of the Mariners, and the multi-million-dollar Tuggerah development. In addition the FFA itself retains a 5 per cent shareholding in the Mariners.
Singleton is an avowed rugby league fan but is equally immersed in the community of the Central Coast, and regards the Mariners as an essential part of that. Since the club was founded he has put in more than a million dollars.
FFA sources say Singleton would not want to hold the franchise for the long term but would do so until a new backer could be found.
"Football is like a pyramid. To reach the top is easy. It is staying there that is difficult" - Patrice Evra
GET YOUR SHIRTS OFF FOR THE BOYS
Improving,,on the up, a work in progress from Ernie and the Nix. Bring on the bathroom bling in 15/16! COYN!
Isn't it the case that the Nix (as opposed to Terry's wider business) have been paying the bills on time? Apart from the IRD, of course. And the ACC. And some players' wages. And Ricki's wages. Er, never mind.
Ramming liberal dribble down your throat since 2009
This forum needs less angst and more Kate Bush threads
property developer Peter Turnbull as the major shareholder in Central
Coast Mariners is gathering momentum, but it's believed some of the
club's existing minor shareholders are also considering increasing their
contributions to help reduce debt and solve the current cash flow
problems. In the meantime, Football Federation Australia remains
confident the next wage bill to the coaching and playing staff - due on
Thursday - will be paid.<div style="overflow: ; color: rgb(0, 0, 0); : transparent; text-align: left; text-decoration: none; border: medium none;">Sauce: http://www.smh.com.au/sport/a-league/sydney-fc-cool-on-foreign-signing-20110912-1k5tv.html#ixzz1Xnz4H9WF
We have problems there is no doubt... but this is the first season a coach has been allowed to spend the full cap amount...
In light of the above article Peter Turnbull released a statement today and is planning meetings hold forums with fans to keep everyone up to date... it reads well and says I think that Singo if he wants in needs to pay more...
The Mariners in the COE hold considerable non cash assets... further and unlike the Nix the ownership group is not going belly up..
There is no doubt a problem but our squad and support coaching personal is the biggest it's ever been... meaning I guess that things are afoot ... well I hope so and base my argument on what we spending compared to previous years...
To the statement ...
Chairman's Message Tuesday, 13 September 2011 Dear Mariners fans,
The pre-season preparation continued on the weekend with another win for our team playing dynamic football as always under the expert mentoring of Graham Arnold.
After the heart-breaking loss in Brisbane at the end of last season, it would have been easy for all of us at the club to feel disheartened. But the signs on the pitch suggest weï¿½re ready to challenge for the A-League title again this year. Iï¿½m as excited as ever with only a month to go till the A-League starts. I know all of you are too. Already a considerable boost in membership numbers and glowing feedback from the Mariners community work confirm this. I thank all of you for investing in the club.
Unfortunately, there are rumours circulating around the Coast and the broader Australian football community, regarding apparent financial issues. After reading yesterdayï¿½s article, I felt the immediate need to write this open letter to all of you to clarify where we - the Mariners - are heading.
Every A-League club has financial issues. So does almost every football club around the world. Football is not an immediately profitable business. It is a constant balancing act, one where we are carefully managing competing financial requirements. Thatï¿½s the reality that all of us in ï¿½the football familyï¿½ are faced with. But the Mariners are no worse off than any other club. In fact, quite the opposite. We have set the national benchmark in laying community foundations. We have stayed true to our ethos throughout our history and continue to sensibly build the club towards sustainable growth.
Let me assure you, our current position is similar to that of most sporting bodies. We spend a lot of money supporting our core product of entertaining football and community integration. We work tirelessly to support that with commercial revenue streams.
On the football side, we currently have the most depth we have ever had. The feedback from supporters and football critics suggest the on field output last season continues to be the best weï¿½ve seen at the Mariners. And of course in terms of long-term security we have already started work on the Centre of Excellence. This is a project that will make us the first club to be backed by a sound development, a hub of football vision and dreams for the Central Coast.
As a club investor, I acknowledge there are financial considerations to make ï¿½ but, we have a bright future and what I can state is there is no doubt that the Mariners are staying in for the long haul.
The A-League as a whole is always looking for investors! Indeed, I invested into the club four years ago, and then Mike Charlesworth invested last year. When the League is in its formative years, we need fresh capital on a regular basis. We want people to buy into this club to assist in delivering the vision that we all want.
They include people equally as excited about our vision, people who believe in the club, the region we represent and the sport of football in general - in a nutshell, folk who believe in the Mariners.
I hope to meet those of you who are interested face-to-face at another Fans Forum in the coming months (details to come). Meanwhile, I urge you all to keep living the Mariners dream - together!
Cï¿½MON THE YELLOW AND NAVY!
Thanks for reading,
On Behalf of the Board
Socceroo/ Mariner / Whangarei
Things unsettling? More to come?
We will never fully decide who has won the football.
The debt has nothing to do with Ms Neal's personal finances. Instead, the Deputy Commissioner of Taxation has singled out Ms Neal to sue personally over a tax debt owed by the Central Coast Mariners Football Club.
For six years Ms Neal was a director of the Mariners, this year's A-league minor premiers, until her resignation in November.
In choosing to pursue Ms Neal, the Tax Office ignored her five male co-directors at the time.
This has forced Ms Neal to start her own legal action, cross-suing the Mariners along with the club's chairman, Peter Turnbull; the England-based property developer and co-owner Kevin McCabe; its part-owner Michael Charlesworth; its director and the mayor of Wyong, Bob Graham; and the former director Lyall Gorman, who is the executive chairman of the A-League.
Hmmm tax issues for CCM, that sounds very similar to the start of our problems under Terry.
Tuesday 21 August vs. Spirit FC
Christie Park, Christie Road, North Ryde
Thursday 23 August vs. Central Coast Football Select
Pluim Park, Tuggerah Street, Lisarow
Wednesday 29 August vs. Bankstown City - “Doug Turnbull Cup”
Jensen Park, Clapham Road, Sefton
Tuesday 4 September vs. Rockdale City Suns
Ilinden Sports Centre, 468 West Botany Street, Rockdale
*Thursday 6 September vs. Northern Tigers
Wednesday 12 September vs. Adelaide United
Hindmarsh Stadium, Adelaide
Sunday 16 September vs. Melbourne Victory
Knox Grammar School, Wahroonga
Sunday 23 September vs. Brisbane Roar
Stockland Stadium, Kawana Waters, Sunshine Coast
**Thursday 27 September vs. Sydney FC
* To be confirmed
** Match to be played behind closed doors
I thought there was talk of the Nix playing CCM in ChCh?
New CCM kit is a bit yick. Might look better with a sponsor though.
Hopefully this away kit wont clash with ours like in the past
Bit a disappointment, I thought you would be posting the news CCM being linked to Kaka....
Shit I hope we don`t have a "Pink One" this year .......a la rugby league
While interest in Tom Rogic (Celtic) and Matt Ryan (Randers, Denmark) is known, the Mariners were yesterday stunned to have received an offer - believed to be more than $350,000 - for striker Bernie Ibini from Belgium's Club Brugge.
And cashed-up Asian clubs are eyeing off top scorer Daniel McBreen, veteran John Hutchinson and crafty midfielder Oliver Bozanic.
Crazy Graham's CCM fire sale, everything must go!
It's not Graham Arnold's choice. It's basically CCM's strategy for financial sustainability - develop players and sell them on.
If the Phoenix FSE works out it's basically what we will end up doing. Bringing young players on for a year or two, flicking them on to other clubs for modest amounts, then bringing the next lot through.