Private Equity bid for SSN

Private Equity bid for SSN2022-07-08T21:15:53+10:00
Viewing 13 posts - 16 through 28 (of 28 total)
  • Author
    Posts
  • Avatar photoIan Harkin
    Moderator
      Post count: 23864
      Avatar photoIan Harkin
      Moderator
        Post count: 23864
        enozlas
        Participant
          Post count: 534

          We might not exist in a few years but we aren’t on the brink of financial ruin?
          Which one is it NA?!

          JR
          Participant
            Post count: 1677

            Sharni on ABC Melbourne now. NA wouldn’t share the financials with the potential financial backers so the offer is off the table.

            • This reply was modified 2 years ago by JR.
            WeWood
            Participant
              Post count: 900

              That is not good..

              netballgirl
              Participant
                Post count: 436

                What on earth is going on? Usually when a business refuses to show financials they are hiding something, maybe the debt is worse then first thought or for whatever reason NA want to kill the sport.
                Hopefully they have something good up their sleeves.

                JR
                Participant
                  Post count: 1677

                  Susan Meaney talking to Raf about it on ABC RN now. She said they’re exploring options. He’s asking her about the AFLW v the netballers and how she feels about netballers not getting the publicity and deals that AFLW gets.

                  JR
                  Participant
                    Post count: 1677

                    ABC Melbourne…..

                    Tully
                    Participant
                      Post count: 1978

                      AfLW gets zero interest and publicity in QLD. I’m sure they are doing well in Melbourne (and perhaps others as well) but they sound rather Melbourne centric comments.

                      Perhaps NA did not share their financials with the PE because they do not want to be part of a PE transaction. PE deals are not sunshine and rainbows. There seemed to be quite a bit of naivety from the players when it first came up, take it and save us. It’s our only hope. Not necessarily.

                      Maryann
                      Participant
                        Post count: 1480

                        In the meantime the SSN has put the hosting rights for next seasons Grand Final out for bids/offers.

                        • This reply was modified 2 years ago by Maryann.
                        NB12
                        Participant
                          Post count: 576

                          I wonder if NA smelled a rat? Was the PE bid somewhat of a phishing exercise to gain insight into those financials?

                          Avatar photoIan Harkin
                          Moderator
                            Post count: 23864
                            Avatar photoIan Harkin
                            Moderator
                              Post count: 23864

                            Viewing 13 posts - 16 through 28 (of 28 total)
                            • You must be logged in to reply to this topic.
                            Go to Top