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PostPosted: Tue Nov 21, 2006 6:00 pm 
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John Nicholls

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Well...did she elaborate?

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PostPosted: Tue Nov 21, 2006 6:01 pm 
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Craig Bradley

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caro just said something bout a letter being put out to members tomorrow explaining the retention of the coaching staff and some stuff about the club's finances.

also suggested that we could have more to talk about this time next week.

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Last edited by true_blue3 on Mon Sep 26, 1981 5:07 pm; edited 92 times in total


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PostPosted: Tue Nov 21, 2006 6:10 pm 
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John Nicholls

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true_blue24 wrote:
caro just said something bout a letter being put out to members tomorrow explaining the retention of the coaching staff and some stuff about the club's finances.

also suggested that we could have more to talk about this time next week.


So it's next Friday then?

:lol:

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PostPosted: Tue Nov 21, 2006 6:11 pm 
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Bruce Doull
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phoenix johnson wrote:
true_blue24 wrote:
caro just said something bout a letter being put out to members tomorrow explaining the retention of the coaching staff and some stuff about the club's finances.

also suggested that we could have more to talk about this time next week.


So it's next Friday then?

:lol:

She had me in stitches. :D

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PostPosted: Tue Nov 21, 2006 6:12 pm 
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Geoff Southby
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Something must be happening this friday :wink:

Edit: beaten to it :lol:


Can't really add much more than TB24 just did.. Sounds to me like the board is in damage control mode though. More than usual, I mean. She and someone else (Mike Sheehan? I can't remember) had met with Smorgon and he briefed them about the letter which, from the sounds of it, they're bracing themselves for a challenge


Last edited by Ryan8024 on Tue Nov 21, 2006 6:14 pm, edited 1 time in total.

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 Post subject:
PostPosted: Tue Nov 21, 2006 6:14 pm 
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Geoff Southby
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There was a letter to go to members in September that got pulled, or at least reworked. Perhaps its taken time for that to be put together but perhaps the political influence means it was a dangerous card to play back then ie call the Brown bluff and then play it.


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:17 pm 
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Ken Hunter
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Whoa Caro nice crisis :lol:


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:23 pm 
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Geoff Southby
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Josh Kaplan wrote:
the club is battening down the hatches
nobody giving anything away-- At least we know its happening..
expect a big few weeks


What does this mean, Josh? How do you know the difference between 'battening the hatches' and 'are unsure how to proceed' or 'dont have the numbers'?

When you say the club do you mean those in power are preparing for the challenge or that any or one of the challenging parties are moving in?


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:25 pm 
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Craig Bradley

Joined: Thu Mar 31, 2005 9:00 am
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Premature elaboration...ughhhhhhhhhhh...oooohhhhhghhhhhhhhhghhhhh


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:28 pm 
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Harry Vallence
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If the new guys have the loot then why would Smorgy bother with a letter?
The guy is charmless but surely not clueless.


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:32 pm 
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Stephen Kernahan
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Location: the Yarran's fertile shores
I have an advance copy

Dear Carlton Member

I, President Graham Smorgon, sincerely apologise for not picking Bryce Gibbs on saturday. Seems nobody at the club has any idea about football. I wanted to say something, but when I checked I had no idea either. Then again, what did you expect? Please send money

Yours
GS
PS I remember Sam Newman on the footy show saying that ruckman were really important, so there's hope yet!

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 Post subject:
PostPosted: Tue Nov 21, 2006 6:36 pm 
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formerly Josh Kaplan

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People at the club are in damage control- hence the letter as announced on AW tonight..
They sense the big players are close to revealing themselves. They are also being super watertight with what they say


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 Post subject:
PostPosted: Tue Nov 21, 2006 6:43 pm 
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Geoff Southby
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Josh there was always going to be a letter. Many emails were received by the Club after Malouf's 'year 1 in a three year plan' dribble line after 2005 was supposed to be year 1. Financially the Club is confusing the fans and is not presenting a solid picture, let alone any form of overarching story. They still haven't explained where the extra $2m for the PP redevelopment was coming from.

As I understood it (and I offered to write it) a letter outlining the finances well before the AGM was to go out to try to explain where we were.

Smorgon has an unhealthy reliance on crying poor for the Club and I think it damages us more than spurs additional 'guilt' memberships.

As above, the intent of the letter may have been overruled for political purposes.


Last edited by molsey on Tue Nov 21, 2006 6:44 pm, edited 1 time in total.

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 Post subject:
PostPosted: Tue Nov 21, 2006 6:44 pm 
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Wayne Johnston
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Hope they send it tomorrow as I'm running out of paper for the printer.

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 Post subject:
PostPosted: Tue Nov 21, 2006 7:04 pm 
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Craig Bradley

Joined: Tue May 16, 2006 8:57 pm
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mjonc wrote:
Hope they send it tomorrow as I'm running out of paper for the printer.


well at least you didnt say toilet paper. :wink:

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PostPosted: Tue Nov 21, 2006 8:20 pm 
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Harry Vallence
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now the letter will be interesting after the revelation of IB on the other thread

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PostPosted: Tue Nov 21, 2006 9:00 pm 
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Wayne Johnston
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Might frame it as an example of the definition of desperate.

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 Post subject:
PostPosted: Tue Nov 21, 2006 11:16 pm 
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Garry Crane
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dannyboy wrote:
I thought the point trying to be made was

if the big money had withheld their support from the begining then how can we judge Smorgon/Board's efforts? How can we compare these efforts to a board that enters its time with that big money support from the outset.

On numerous occassions it has been stated that the boys with the big bucks will not invest in anything smorgon/board does - what chance does that leave them?

and is it fair to leave the club high and dry?

Are we so poor because of politics rather than anything else?

In the end it is important to get the money back into the club (yet at the same time we should be wary of just what this means for the club)

but there seems to be a bit of cake and eat it too stuff going on.


Pretty much sums it up DB. It seems that the old Carlton money is with former Elliott associates and Carlton One overthrew a hierarchy that was associated with success and high flying times. I believe many of the people currently offering up money, may well have held back money regardless of the job the current board were doing. Such is the nature of politics and long memories.

Smorgon and Malouf may well be incompetent, although only in a football sense as Smorgon clearly is an astute businessman in his day job. They may well have no plan to speak of, making it up as they go along. They may not have been able to turn our fortunes around even with the money coming in, whereas the new ticket may be able to. Hell the new ticket may be able to resurrect us from being deep in debt for all I know. These things are not measurable however as Smorgon doesn't have the money and the new ticket will not have the debt. For that reason I'd prefer not to discuss the merits of Plan A vs Plan B as one of them comes with fringe benefits the other doesn't have.

It's not an endorsement of Smorgon or a negative reflection on the new ticket. It just is, irrelevant or otherwise. We can talk about known negatives about the current board all day long if people want, though I don't see the sense in it, but I do tend to arc up if one of those negatives is something that calls on assumption and is continually portrayed as a known point.

Play fair and get the job done.

Bondiblue also did a good job of speaking for me. You start to question what language you are speaking after a while.


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 Post subject:
PostPosted: Wed Nov 22, 2006 7:09 am 
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Geoff Southby
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Its not about comparing efforts though DB. There are some failing companies whose management works consecutive 20 hour days, that doesn't make them good management or the best long-term solution.

What we purportedly have is some backers who are willing to put some cash in to minimise the $7m. Fair enough we can't say if this is real and therefore cant really be taking sides in a Plan A v Plan B yet, but if there is a semblance of truth clearly Plan B's fringe benefits should be most exciting to all. Perhaps there'll be conditions (as there apparently was with the Brown $), to assess, but if its leaders walking on swords then we have to get back to...

'What is the best course of action long-term for the Carlton Football Club?'

Is struggling through with a forecast cash loss of $500k in 2007 OK? Incidentally, paying off the debt would remove the interest cost of this to a $100k loss. After 5 years on our knees do we want to stay seated for 3 more? Consider also that any business which fails to attract equity at time of business trouble are likely to die off. Attracting equity is one of the most fundamental points to a business - whether you call it 'donations' 'or 'restoring our capital' the CFC has a huge burden from past mistakes that requires substantial injection. Management comes & gos in business all the time to achieve this - I guess it comes down to how much capital and how much the management think we need it.


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PostPosted: Wed Nov 22, 2006 7:29 am 
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Geoff Southby

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Location: Melbourne
You know,

while Smorgon (who's doing his very best, albiet unintentionally, to run our club into the ground) pays PR consultants to get the message out to voting members that everything at the club is rosy and unified...

then I don't see any harm at all in a group of members attempting to balance this by giving other members an appraisal of the shortcomings of the current board.

If this is deemed negative, so be it. But I hardly think it's unconstructive or unwarranted.

Three years ago, people inside the club knew that Smorgon's people-skills and management style were 'interesting', and many had grave reservations regarding his ability to deliver.

He played the game - he knifed Collins, he pays for the sort of laughable spin we saw on the back of the Herald Sun, he's now trying to suggest that everything at the club will be alright if we just get rid of the scourge Diggins and Valmorbida.

Well, sorry, but the guy is not only a hopeless leader of an AFL club, he's also full of shit.

Smorgon deserves no more plaudits for 'trying his best' than GW Bush deserves for 'trying his best' over Iraq and Hurricane Katrina.


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