Another out. Perth in serious trouble
Will they satisfy the salary floor at this rate?
I imagine this is all to bring them down to the salary floor to make their liabilities as low as allowable within competition rules.
Is this not because theyre banned from making transfers while the ownership situation is being sorted?
A loan is technically a transfer (of sorts), isnât it?
They can sell and loan players out. They cannot sign any new players either permanently or on loan.
How is there situation any different to that of Newcastle? Both clubs are being run by the APL yet only one is under a transfer embargo.
Are the APL purposely trying to lower the value of the club to find a buyer?
Is this true of Perth? Arenât they being run by administrators?
I thought that the APL were paying the bills?
Newcastle is being run by a triumvirate of owners. I have heard of no one funding Perth.
Perthâs Licence is now held by the APL.
If they cannot find a buyer what are the chances of the club being wound up?
They said âwithin 10 weeksâ in July, and now itâs pushing 30.
If the similarly talked-up but non-existent Canberra expansion group fails to materialise, perhaps we stay at 12 with Auckland in for Perth.
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The reason I wonder is that foregoing the BoĆŸaniÄ signing and then dropping two foreigners seems like a lot of cap to not be spending for a club that would hardly have gone into this season maximising its utilisation of marquees and cap exemptions.
The floor is only like 85% or 90% of the base cap from memory.
It looks like the APL were running/funding Perth but that stopped around December.
The administrators now hold the licence.
This is from that article posted earlier where it was revealed Andy Keogh was owed money.
The APL handed over certain assets within Okewood to KordaMentha in July, including the Gloryâs licence, amid revelations it had been bankrolling its player and staff wages for five months via $4 million in secured loans.
Itâs all rather confusing really.
If Perth went under, all the other A League club owners would save a lot of money in travel.
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I imagine if the administrators hold the licence, it would be regarded as an asset and they would try to maximise the return from that asset.
I guess someone could pick up a very cheap A-League licence.
I cannot see the APL allowing that licence to be transferred as it would only undercut the value of any new licence.
Interesting times.
It rules out those ÂŁ1 nominal deals that you see in the UK where the buying entity essentially gets the club for free but takes on the debt.
Perth Glory the club would be worth hardly anything. They donât own their stadium or training facilities and apart from Adam Taggart the players are pretty much worthless.
The only thing of value there is the licence yet why would someone pay $25m for it when the club that it is associated with is pretty much worthless?
The league really needs a Perth side in it. When successful the crowds over there, as cringeworthy as The Shed is, are large and provide a good atmosphere. Unfortunately, I just donât see how it is going to work out favourably for them right now.
Havenât seen this posted yet.
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I wonder if this is one of those âIf the state government can contribute $19.5m of the $20m required and provide the ground and training facilities for free, I think we can make this workâ
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Hey, get me another 10 on top of that 19.5 and Iâll make it work.
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So Adam Taggart supposedly off to Brisbane.
Can the last Perth player turn off the lights.