Roast The media....*Shakes Head* Part 4

Remove this Banner Ad

Status
Not open for further replies.
Give the guy a break, he wouldn't be wearing the pants at home so he's gotta try to be tough somewhere

213247-44b6b70a-5535-11e4-ba9e-09d767263d8d.jpg
 

Log in to remove this ad.

And the archetypal shock jock. No doubt Penberthy considers himself all class, but essentially he's no better than Alan Jones.

Well, he might get the Wallabies job yet or indeed get caught loitering around a London toilet block.

#nofatebutwhatwemake
 
I can't quite put my finger on it, but there's something particularly nauseating about that photo.

The fact that you'd possibly like to throw a leg over Kate Ellis, but she'd rather let a guy like Penberthy do the honours? Yeah, makes me sick too.
 
The fact that you'd possibly like to throw a leg over Kate Ellis, but she'd rather let a guy like Penberthy do the honours? Yeah, makes me sick too.


I wonder if her colleagues give her much shit about being (literally) in bed with News Limited.
 

(Log in to remove this ad.)

I heard at 7ish in the morning from one of the higher ups on site that he actually did die they just haven't reported it yet.
Not sure how true that is.
 
Congratulations people - the flog Penberthy must read this site (or someone close to him does) as his latest article in the paper is about how the SANFL's problems are all Port Adelaide's fault thanks to being 'responsible' for half of the Whicker Corp $37 million. Which is why they need so much money from Adelaide Oval.

No David, Westpac didn't stop being the SANFL's banker because of Port Adelaide. If you went to a bank and said 'I have assets of $200m and an income of $14m, with a debt profile of $37m' there is no way the bank would refuse you. Westpac had no problem with the SANFL when they were giving us back some of the money we generated at Football Park, so they would have less to worry about when guaranteed money for license fees and the $800k or so now on the books for SANFL reserve sides was added.

No, the issue is that the SANFL doesn't own the two licenses anymore but still refuses to make the Adelaide Crows pay the estimated $2m a year to operate their training facility. The issue is the SANFL steadfastly refusing to compromise and know their place as a competition in some lame attempt to remain 'the second best league football league in Australia'. The issue is the SANFL's member clubs also having a debt profile that is worse than Port Adelaide's ever was, but without the cashflow necessary to service it.

Stop looking at Port to solve the SANFL's problems. Twenty million dollars is what you should be looking at. For what?

That $17m is an advance on the future sale of Football Park, Penberthy. You know, the stadium which Port Adelaide help build.
 
David Penberthy you are just plain wrong...

The article on page 15 of today's Monopoly Times beggars belief and one wonders who it's author the self confessed 'know nothing about football' journalist David Penberthy got his information from. For starters Penberthy claims that 'the SANFL has lost all revenue that it had from catering at Footy Park with the AFL Clubs now enjoying that revenue.' We are left asking the question who is right because Penberthy's colleague Michelangelo Rucci has told us all that the AFL clubs get no revenue from catering.

Penberthy also makes the extraordinary claim that the sale of SANFL assets at West Lakes may not be enough to service the SANFL's current debt which Mr Penberthy puts at approximately $37M. Penberthy also claims that $16.25 of that debt is the cost of assisting a 'previously shambolic Port Adelaide'. At the same time Penberthy claims that the Crows training facility costs the SANFL $1.3M per year to maintain. If this the case one is tempted to ask why the SANFL covers costs for a club that no longer has any connection with it. One also has to ask how much money the SANFL has spent over the years maintaining training facilities for the Crows.

On Tuesday of this week The Monopoly Times reported that the SANFL was offering to pay off a $10m dollar debt to the AFL. On Thursday they are flat broke so we are all entitled to ask which is it ? There is no mention anywhere in this article of the reported $14M+ income stream that the AFL clubs will deliver to the SANFL from the 2014 season. There is no mention of the $10M the SANFL has reportedly borrowed from the AFL and what that money was used for. The SANFL is crying poor yet it can spend $420,000 on an audit to tell them what their accountants and executives should have been able to tell them. The PAFC is 'shambolic' yet an organisation that has to spend almost half a million to review of it's operations is just plain unlucky.

Penberthy rounds off the article with an attack on the AFL and alludes to some sort of conspiracy on the part of the AFL to take over footy. All I can say to that is if it is the case bring it on because the SANFL cannot do it. Poor old SANFL their problems are everyone else's fault. Poor old SANFL, last week Westpac ditched them yet this week they have had little difficulty convincing another Bank to take up their account.

I hope that the Port Adelaide Football Club asks for a retraction and a right of reply or at the very least takes to the air waves to correct the inaccuracies in this piece of pseudo fiction.

I am so angry about this article.
 
Last edited:
Status
Not open for further replies.

Remove this Banner Ad

Remove this Banner Ad

Back
Top