Roast Sack Koch - Chairman of The Redeem Team

[philreich]

Wow, "pass mark is finals". LOL

This club is garbage and the constant gaslighting by those in charge is sickening. The lack of context when reviewing any aspect of the club is totally in line with those actually prepared to hurt the club at the expense of them admitting they have it wrong.

Koch is by far the biggest cancer at this club. I despise the man.

I started watching his B&F speech - I turned it off in less than a minute. He's the number one reason why we're in this position today!!!

 

[philreich]

None of the financial stuff Koch did for us was worth it. I'd rather we be struggling financially and still feel like Port Adelaide instead of this self satisfied loser football club we've become under his watch. He should be ashamed of himself.

Haven't you heard? We're the bastards - not him......

 

[Del165198]

 

[Bump Bailey]

Haven't you heard? We're the bastards - not him......

I've only just been made aware of the bastards comment - assuming it was about the fans, as it couldn't be aimed at the media given the charmed run they give Port?

Where does this guy get off calling his own supporters bastards?

All we're doing is holding the club accountable to targets they got on their public soapbox about and shouted from the rooftops in the form of the Chasing Greatness charter.

What a kick in the guts. This guy really needs to have a look at the way he talks about his own supporters.

 

[Butters and Pepper]

That'll teach ya for calling supporters bastards when the cameras are still rolling.

 

[philreich]

I've only just been made aware of the bastards comment - assuming it was about the fans, as it couldn't be aimed at the media given the charmed run they give Port?

Where does this guy get off calling his own supporters bastards?

All we're doing is holding the club accountable to targets they got on their public soapbox about and shouted from the rooftops in the form of the Chasing Greatness charter.

What a kick in the guts. This guy really needs to have a look at the way he talks about his own supporters.

He doesn't care - in his eyes, he's the king, and we're his servants, so he can say what he likes about us.

 

[Jojay]

Show me a good loser, and I'll show you a LOSER - Vince Lombardi

 

[simba_]

can AO staff turn away thousands with 'BASTARD AND PROUD' t-shirts on? i'd imagine a few can get policed under some flimsy made up rules but surely not a large group? maybe 'DAVID'S BASTARDS' would be good because 1) he hates being called David and 2) reminds people where it actually came from

 

[Bump Bailey]

He doesn't care - in his eyes, he's the king, and we're his servants, so he can say what he likes about us.

what a farkwit

 

[philreich]

There’s too much focus on Hinkley. People are losing their rational ability (if they had any.) We can joke about the size and duration of the sack Hinkley thread but it’s telling. Also people saying it’s too hard to remove Koch and we need to start with Hinkley.
Hinkley is as hard to remove as Koch. I’ll restate that.
Hinkley is as hard to remove as Koch.
The only way Hinkley goes is if he retires and that looks unlikely for the foreseeable future.

So it's up to us to start making life as unpleasant as possible for these morons. Exactly what that involves, I'm not certain, but they've been comfortable in their ivory towers for too long, and people need to let them know that we won't put up with their crap any longer.

 

[bomberclifford]

can AO staff turn away thousands with 'BASTARD AND PROUD' t-shirts on? i'd imagine a few can get policed under some flimsy made up rules but surely not a large group? maybe 'DAVID'S BASTARDS' would be good because 1) he hates being called David and 2) reminds people where it actually came from

I like it.

Some alternative ideas:

GLORIOUS BASTERDS

or

LOS BASTARDOS

 

[MrMeaner]

In David's defence, I reckon that he didn't even realise he was calling supporters and a couple of board members bastards. It sounded more like a stock phrase that he trots out as an unthinking part of his bullshitting. He was playing to what he thought was the emotion in the room, looking for that sugar hit of affirmation and did not care of the wider implications of his comment.

(That really wasn't much of a defence, was it?)

 

[rogerjames]

I started watching his B&F speech - I turned it off in less than a minute. He's the number one reason why we're in this position today!!!

That's one more minute than I've watched. Just can't go there.

 

[Rexie J]

In David's defence, I reckon that he didn't even realise he was calling supporters and a couple of board members bastards. It sounded more like a stock phrase that he trots out as an unthinking part of his bullshitting. He was playing to what he thought was the emotion in the room, looking for that sugar hit of affirmation and did not care of the wider implications of his comment.

(That really wasn't much of a defence, was it?)

Not sure Koch is that bright MrM.

If you were acting for a defendant, would you call Koch as a key defence witness?

 

[Rexie J]

That's one more minute than I've watched. Just can't go there.

Ditto.

 

[rogerjames]

I like it.

Some alternative ideas:

GLORIOUS BASTERDS

or

LOS BASTARDOS

David's bastards is excellent. Now there's accountability.

 

[rogerjames]

Not sure Koch is that bright MrM.

If you were acting for a defendant, would you call Koch as a key defence witness?

He's a loose cannon

 

[Del165198]

He's a loose cannon

He's like the cash cow after a few white Russians

 

[MrMeaner]

Not sure Koch is that bright MrM.

If you were acting for a defendant, would you call Koch as a key defence witness?

We are in agreement as to his brightness. That was my point. He was not bright enough to be deliberately insulting to us.

 

[philreich]

Koch maybe has this idea of saviour complex and the main thing with that is stability.

So he's gone all-in and has this delusion Hinkley will be able to eventually get a flag and then he can bask in the glory that he was the main architect.

It's extremely difficult to do any basking when you're dead - that's how long it'll take for his plan to come to fruition.

 

[Sheeds]

I think David Koch forgets what he says on occasion and pretends he never said it or simply just tries to change the narrative. A lot like everyone at the club.
"Well the past is the past so no point worrying about it. Onwards and upwards, it is a new year" A complete disregard of failing KPIs they themselves set, or they change the KPIs after the fact.

When you have four top four finishes in the last five years and don't have a solitary Grand Final appearance to show for it, that is an absolute disaster.

Losing five finals out of the last six by an average of nine goals as others have continued to point out is deplorable, regardless of whatever spin you put on it.

I look at some of the comments made by David Koch in 2017. He obviously does not feel this way now, or he makes these kind of disingenuous comments to just appease a section of the fan base which is unhappy and make it sound like the powers that be will make serious change and start operating like a Professional Club.



Then we obviously got these pearls of wisdom in 2018 where Koch essentially had a bet each way.







How you could possibly talk about being ruthless and then with a straight face celebrate the season as a success with three final wins in a decade and applauding and celebrating the longest serving Coach in VFL/AFL history without a GF appearance going into season 13 at the helm. #weareportadelaide

 

[RussellEbertHandball]

From today's AFR paper edition.

What David Koch did next

One of Australia’s most prominent financial commentators is getting into the capital solutions business.

www.afr.com

David Koch teared up last year telling viewers he was departing Sunrise, the oft-dominant morning show he had spent (a remarkable) 21 years playing its dorky finance dad.
And good for him, He’d get his mornings back, and more time for his other interests.

There’s his club president role at Port Adelaide. Its success has brought him into the conversation to succeed the imperious Richard Goyder running the AFL. And Pinstripe Media (with his son, Alexander “AJ” Koch), which shares Sydney office space with his other media start-up, Ausbiz, a streaming TV channel and collection of podcasts that covers finance and business run by co-founder and owner Kylie Merritt.

He and wife Libby Koch own 31.8 per cent of Ausbiz. There’s also big-name backers such as former treasurer Joe Hockey and renos-over-receipts tycoon Sanjeev Gupta, whose 2.2 per cent stake must be borne of his relationship with Port Adelaide.

This week, it took a baffling strategic turn. It was announced that ASX-listed ARC Funds Limited would take a 30 per cent equity stake in Ausbiz Capital, a new, wholly owned subsidiary of Koch’s media start-up that’s being described as a “capital markets business”.

ARC Funds will tip in $1 million in three tranches over three years. This would be seed money for Ausbiz Capital, which would offer “high-quality financial products”. Among those listed were high-interest savings accounts, term deposits, capital raisings, alternative investments, managed funds and trading services.

Ausbiz Capital – run by managing director Simon van Es, and with Koch on its investment committee – will use the money in “marketing and promotions” to Ausbiz Group’s “existing database” of 110,000 subscribers.

That is: Koch’s parent company will own 70 per cent of a side capital markets business that says it will do commercial deals with its own media start-up so it can get access to its subscribers and email list. And that is in order to sell them financial products.

Are there screaming conflicts at every turn? Oh, no question. But hey: don’t let it get in the way of this fantastic new media business model!

ARC up​

If Ausbiz Capital’s new equity partner was a reputable dealer such as (pick any) Goldman Sachs or say, Barrenjoey, there might be something interesting here. Instead, ARC Funds looks like a firm in D-grade.

ARC Funds was formerly Australian Rural Capital. In 2016, it was outed as the partner for China’s Shanghai Pengxin Group, which sought to acquire South Australian cattle company S. Kidman & Co. (It would eventually fall into Gina Rinehart’s hands.)

It renamed in 2021 and currently trades as a penny stock on the ASX. Its shares are worth 9¢, while it has a market cap of $3.4 million. Last year, ARC Funds made a post-tax loss of $829,938 on revenue of $91,897.

How does it suppose to market products or securities when it barely exists? Or rather, what does it say about the quality of whatever dogs breakfast products they get access to? That will be up to Koch and Ausbiz Capital to filter it out.

It is easy to raise eyebrows at would-be rivals in the overly concentrated market of financial and business media. Those on the fringes, such as The Market Online (owner of pump-and-dump forum HotCopper) need to make money in a murky space. Disclosed and barely disclosed sponsored content, and pay-for-play deals, flourish alongside straight news.

But who is Kochie kidding? On his Ausbiz profile, he opens his bio with: “TV is my hobby, but business is my passion.” If this is his idea of business, maybe he should have stuck with TV.

 

[PA88]

It's piss easy for a pro Hinkley footy department to misuse AFL science to convince Koch that Ken is the saviour.

As soon as you hear Koch sprout that Ken deserves a flag, you know that he just doesn't get Port Adelaide.

 

[MrMeaner]

From today's AFR paper edition.

What David Koch did next

One of Australia’s most prominent financial commentators is getting into the capital solutions business.

www.afr.com

David Koch teared up last year telling viewers he was departing Sunrise, the oft-dominant morning show he had spent (a remarkable) 21 years playing its dorky finance dad.
And good for him, He’d get his mornings back, and more time for his other interests.

There’s his club president role at Port Adelaide. Its success has brought him into the conversation to succeed the imperious Richard Goyder running the AFL. And Pinstripe Media (with his son, Alexander “AJ” Koch), which shares Sydney office space with his other media start-up, Ausbiz, a streaming TV channel and collection of podcasts that covers finance and business run by co-founder and owner Kylie Merritt.

He and wife Libby Koch own 31.8 per cent of Ausbiz. There’s also big-name backers such as former treasurer Joe Hockey and renos-over-receipts tycoon Sanjeev Gupta, whose 2.2 per cent stake must be borne of his relationship with Port Adelaide.

This week, it took a baffling strategic turn. It was announced that ASX-listed ARC Funds Limited would take a 30 per cent equity stake in Ausbiz Capital, a new, wholly owned subsidiary of Koch’s media start-up that’s being described as a “capital markets business”.

ARC Funds will tip in $1 million in three tranches over three years. This would be seed money for Ausbiz Capital, which would offer “high-quality financial products”. Among those listed were high-interest savings accounts, term deposits, capital raisings, alternative investments, managed funds and trading services.

Ausbiz Capital – run by managing director Simon van Es, and with Koch on its investment committee – will use the money in “marketing and promotions” to Ausbiz Group’s “existing database” of 110,000 subscribers.

That is: Koch’s parent company will own 70 per cent of a side capital markets business that says it will do commercial deals with its own media start-up so it can get access to its subscribers and email list. And that is in order to sell them financial products.

Are there screaming conflicts at every turn? Oh, no question. But hey: don’t let it get in the way of this fantastic new media business model!

ARC up​

If Ausbiz Capital’s new equity partner was a reputable dealer such as (pick any) Goldman Sachs or say, Barrenjoey, there might be something interesting here. Instead, ARC Funds looks like a firm in D-grade.

ARC Funds was formerly Australian Rural Capital. In 2016, it was outed as the partner for China’s Shanghai Pengxin Group, which sought to acquire South Australian cattle company S. Kidman & Co. (It would eventually fall into Gina Rinehart’s hands.)

It renamed in 2021 and currently trades as a penny stock on the ASX. Its shares are worth 9¢, while it has a market cap of $3.4 million. Last year, ARC Funds made a post-tax loss of $829,938 on revenue of $91,897.

How does it suppose to market products or securities when it barely exists? Or rather, what does it say about the quality of whatever dogs breakfast products they get access to? That will be up to Koch and Ausbiz Capital to filter it out.

It is easy to raise eyebrows at would-be rivals in the overly concentrated market of financial and business media. Those on the fringes, such as The Market Online (owner of pump-and-dump forum HotCopper) need to make money in a murky space. Disclosed and barely disclosed sponsored content, and pay-for-play deals, flourish alongside straight news.

But who is Kochie kidding? On his Ausbiz profile, he opens his bio with: “TV is my hobby, but business is my passion.” If this is his idea of business, maybe he should have stuck with TV.

Nepotism and potential conflicts of interest in a Koch venture? I just don’t believe it.

 

[PowerLil]

Nepotism and potential conflicts of interest in a Koch venture? I just don’t believe it.

Playing the dorky dad? It's kept crybaby Daddy in a job for 12* years.