12-22-2022, 02:40 AM
There are a few layers of issue at the time but largely any lack of application didn't come because of financial difficulties. My recollection was that the path to pursue an a league license cost 5 million dollars and required money to apply.
Think about the timeline. It cost victory 4.5 million for their A league license. 500k contributed by FFA because they couldn't cover the full 5 million for the license.
The nsl was disbanded in 04 and a leagues first season in 05.
Don't confuse effect with cause is what im getting at. Were south Melbourne in administration and couldn't apply for a license or did they fall into administration because they were going to get denied a license and how better to manage your exit from the top flight be writing off bad debts?
The administration and player departure happened when it was already apparent that a south bid wouldn't get up is my recollection of events.
Think about the timeline. It cost victory 4.5 million for their A league license. 500k contributed by FFA because they couldn't cover the full 5 million for the license.
The nsl was disbanded in 04 and a leagues first season in 05.
Don't confuse effect with cause is what im getting at. Were south Melbourne in administration and couldn't apply for a license or did they fall into administration because they were going to get denied a license and how better to manage your exit from the top flight be writing off bad debts?
The administration and player departure happened when it was already apparent that a south bid wouldn't get up is my recollection of events.
"everything you know is wrong"
Paul Hewson
Paul Hewson