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I have been provided some answers to some of the Prospectus Questions.
I hope that this helps.
I am not a financial advisor - I am just passing on information.
As we got into the legalities of setting up a public entity, we had to make sure we had all bases covered. So, we had Ernst Young do the accounts and make a statement regarding the accounts, we had LAVAN do all the research ( remember there is no model like this in Australia so it will be new for ASIC). We had to set up a Computershare account to allow for the handling of share transactions, recording by a company that does it every day.
So, some things we cannot carry out, even though we had good intentions. Partial payments being one. Limiting ownership being another.
A number of club stalwarts in Perth will be forming syndicates to buy a share or two.
We do expect to have a favourable outcome in our negotiations with the ARU over our licence. If we can get bums on seats, sponsorship and lots of wins, we expect to start making profits - realistically in a year or twos time - when we make profits we do plan to reward shareholders in some fashion - but realistically from the outset we do understand most of us will be using the investment for keeping rugby in WA.
More information will be passed on as I receive it.
Exile
Port Macquarie
"Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done! Now if you know what you’re worth then go out and get what you’re worth. But ya gotta be willing to take the hits, and not pointing fingers saying you ain’t where you wanna be because of him, or her, or anybody! Cowards do that and that ain’t you! You’re better than that!" - Rocky Balboa
I got some information this morning
In the past few months Journos have published leaks saying The Rebels will sue big time if they are cut and the Brumbies will leave the ARU with a massive debt.... What makes you think that our board, made up of some pretty smart people would not have some clause in our Alliance agreement that protects us? Remember when we announced the Alliance agreement last year it was for the duration of the current broadcast agreement. Do you honestly think with our expertise we would not have a few clauses to make sure that agreement goes through to 2020?
We don't leak details, we follow the true principles of Rugby and that is Respect, integrity and ethics for the whole of Western Australian Rugby, we have gone about our business to secure the financial future of the Force and to continue the mandate given to us 12 years ago and grow Super Rugby Players and Wallabies. We don't poke fun or look for holes in our fellow Australian Franchises, nor do we try to undermine them. Have you seen any quote from any of us that has created mischief for the ARU, Rebels, Brumbies, Tahs or Reds?
Watch this space, perhaps the time is arriving for us to show what we are made of.
Exile
Port Macquarie
"Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done! Now if you know what you’re worth then go out and get what you’re worth. But ya gotta be willing to take the hits, and not pointing fingers saying you ain’t where you wanna be because of him, or her, or anybody! Cowards do that and that ain’t you! You’re better than that!" - Rocky Balboa
Respect, Integrity & Ethics are 3 words that the so-called sports 'journos' are missing. Seems more like a big media hit up to create some news to distract everyone from the shambolic Tahs. There- I said something nasty about them! Haha!
Would love to see the Force absolutely smash the Blues this week, including The Hoff if we get stuck with him again as a linesman! The guys are almost there, just need a raw meat diet for a couple of days before the game to muster up some aggro.
In the past few months Journos have published leaks saying The Rebels will sue big time if they are cut and the Brumbies will leave the ARU with a massive debt.... What makes you think that our board, made up of some pretty smart people would not have some clause in our Alliance agreement that protects us? Remember when we announced the Alliance agreement last year it was for the duration of the current broadcast agreement. Do you honestly think with our expertise we would not have a few clauses to make sure that agreement goes through to 2020?
I have heard the same
New Update - 26 April 2017
Hans Sauer will be back on the Allan Jones Radio show on Friday morning - 5.40am approx WST.
Looks like no one from the ARU jumped on the plane to make tomorrows meeting at RugbyWA
ARU have been invited to nib stadium on Saturday to meet with RugbyWA and watch the Force v Lions. would be nice to show them another monster crowd.
Exile
Port Macquarie
"Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done! Now if you know what you’re worth then go out and get what you’re worth. But ya gotta be willing to take the hits, and not pointing fingers saying you ain’t where you wanna be because of him, or her, or anybody! Cowards do that and that ain’t you! You’re better than that!" - Rocky Balboa
"The main difference between playing League and Union is that now I get my hangovers on Monday instead of Sunday - Tom David
Nah,when they discovered that there are no first class seats on flights to here,they politely declined
We need that banner up!! I'll take my original ones along again too!
Proudly Western Australian; Proudly supporting Western Australian rugby
Donny trump was still using it.
C'mon the![]()
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http://www.2gb.com/show/the-alan-jones-breakfast-show/
Maybe you didn't have any luck because it's Thursday today.![]()
"The main difference between playing League and Union is that now I get my hangovers on Monday instead of Sunday - Tom David