March 16 – Industry News – Jet cause losses, Socceroos deal, Balmain need $5.4m, Aami Park Turf Problems, Carrara gets Wifi

Fairfax media is reporting that the Newcastle Jets have contributed to serious losses in the 2015 financial year for the FFA which is hoping to finalise the sale of the Jets by the end of the year after incurring millions of dollars in losses from running the club since assuming the ownership from Nathan Tinkler in May.

The news of six potential buyers having shown interest is welcome relief for the governing body, which is set to announce $2.4 million in losses from the Jets’ operational costs this season, after a proposed sale to Dundee United chairman Stephen Thompson collapsed late last year.

The FFA has also done a deal with the NSW Government, selling the rights to 11 Socceroos and Matilda’s matches over the next 5 years, saying that states who pay up will be rewarded.

News Limited is reporting that Balmain have just two weeks to find the 5.4 million needed to repay the NRL for a loan it took out in 2014. If it fails to find the money, Western Suburbs has the first rights to gain the remaining half of the license it doesnt own.

News Limited is reporting that Aami Park in Melbourne is struggling with turf problems, a disease is affecting the grass of the stadium and the ground is under a fairl congested workload at this time of the season with the Aleague, Super Rugby and NRL seasons underway.

News Limited reports that Metricon Stadium has become the first Queensland stadium to recieve High Density WIFI services. The project cost about $2.5 million at Carrara, but would be closer to $4 million for Suncorp and the Gabba.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.