Andrew Forest has a few dollars spare.

And should live a few more years

And he's got plenty more indigenous people to screw over and make a buck out of for years to come. Top bloke ol’ Twiggy.

Bad time to be selling a pro sports franchise that relies on gate receipts.

Nah, just shoddy reporting. They are not "up for sale".
There is a deal, and it has been in the pipeline for a while.

Dr Jack heralded this well over a year ago. He wanted the deal done whilst he could still impose certain requirements on the new owners.
Which makes perfect sense. He wants to ensure the team continues its community and development work, and that the new ownership has deep pockets, just in case things go pear-shaped.

And no, I'm not claiming to know. There have been rumours, but I have NFI.

And he's got plenty more indigenous people to screw over and make a buck out of for years to come. Top bloke ol' Twiggy.

Lovebroker 1 v sourbroker 0.

yes D2.0 is correct, Jack has been trying to sell the team for a while now. Wanted 9-10 million at the beginning of the 19/20 season. I know he was talking to AV to try and get a group of investors together, but that never seemed to eventuate. I think selling to Twiggy is low on his list, but you'll never know and he seems to be proactive with the Western Force and creating opps for them!

It won't happen, but I would love to see a consortium of West Coast Eagles, a local businessman with a bit of capital and a 'basketball mind' a bit like the Hawks have in Colangelo.

WCE are just about the only club in the AFL, perhaps aside from Collingwood that are financially very, very strong. Perth are just about the only club in the NBL capable of spending what's required to build a championship team (see Cotton) while remaining financially stable.

Joint use of facilities, savings via de-duplication of roles and resources and they would have a nice Barcelona BC/FC type setup and Perth could possibly become marginally profitable year in year out.

D. Martin retires, next minute the For Sale sign is in the lawn of the club....

Are you certain I've done nothing to contribute to the indigenous community in Australia? Think carefully now...

As for Twiggy, shall we count the ways...

https://www.welcometocountry.org/philanthropist-determined-stealing-from-aboriginal-groups/

But wait, there's more. So much more and more and more...

http://nationalunitygovernment.org/content/claims-twiggy-forrest-has-purposely-manipulated-pilbara-community

It should we just use examples from Twiggys own websites? That doesn’t sound Trumpian at all..,you tosser.

In fairness, ol' Twigs is just following on from fine examples that came before him...

https://dingo.news/voice/2020/01/26/andrew-twiggy-forrests-indue-card-continues-a-proud-family-history-of-exploiting-aboriginal-people/

Surely you can find something written in The Australian, or surely The Spectator, that shows Twiggy to be the indigenous Jesus...

Wildcats must make the finals to be profitable, and make the grand final to extend profits. Renting Perth Arena isn't cheap. It's expensive.

The other option is HBF Stadium but that only holds 5000 and it results in a loss every single year unless they win the championship.

Andrew Forrest has done a lot of philanthropic work.

Just a shame that a few need to invalidate that with words like stealing and exploiting.

Quoting dingo.news and welcometocountry.org as pieces of truth is just completely asinine.

"Twiggy has done a lot for Twiggy."

This, I hope Jack knows what he's doing...

FFS merge with the Glory and provide year round exposure for sponsors, access to the supporter base for both football and basketball and minimse your operational overheads. You all know it makes sense.

BAHAHA Glory... Only Euro & UK ex-pats notice that they are playing

Who is the glory?

I knew you were going to say that

Yeah that's all they are worth- their gross profit is only floating around 1.2 million a season on about 2.8 turnover. Definitely not worth anymore than 10million. You don't own a NBL team to make money! or any sports team really!

Of course it is. Indigenous people writing about indigenous matters. Must make your blood boil eh Kerri-Anne...

Not pulling figures buddy, seen them with my own eyes!

their gross profit is only floating around 1.2 million

They make a profit !?!

Of course it is. Indigenous people writing about indigenous matters. Must make your blood boil eh Kerri-Anne...

They make a profit !?!

It's called an NDA. Either way 10million give or take is a fair price especially in this climate!

No they don't, they have publicly said they need to make a Grand Final just to get close to break even.

So last year not only did they lose gate receipts for Game 3, they had to still pay for Perth Arena.

White walkers. You're favourite I’m sure Kerri-Anne.

They need to make the finals to be profitable at Perth Arena. They had to win the championship to be profitable at Challenge Stadium.

Hold the horses. Kobe has been denounced. Holy shit. Kobe who pisses on everyone's shoes when they are wrong, gets it wrong himself. Today is a bad day for a helicopter ride.

For the guys that think the Wildcats are lying about losses.

What is the pay off for lying? They are trying to sell the business, wouldn't they want to pump up the business' prospects?

The Wildcats cannot cry poor to the NBL for league equalisation payments.

They aren't on the verge of VA, but don't think they are making a huge amount of profit. They have said from the very beginning that the breakeven point for being in Perth Arena is very high, they need something like 10k crowds.

I am open to them not telling the truth, but I don't see the angle.

Angela Bennett will be buying the Wildcats.

A great person, she will be a fantastic ambassador for sport.

https://www.georgiou.com.au/

Deal is off apparently. Wildcats withdrew.

Thread about withdrawal from negotiations