double hoops
First Grader
Sure they can do both. COE a different name to the stand. Everyone likes to be remembered for their contribution.
Club News 2022
- Thread starter The Wheel
- Start date
Allie Langdon (Channel Nine) . What a Gorgeous Lady she is .
She lights up our New Maroon Manly Jersey with her radiating smile
Of course.
My take is that the COE was paid for by state and federal government.. is owned by council .. and Penn can just **** off .
COE may be Owned by the council
But Mr Penn owns our Club
We are lucky to have a Passionate and Committed Business Manly person Securing our Future
Have some respect feathered friend
Why so much resentment . I do not understand ?
You rarely do
Ryan
Journey Man
Hard facts:
563 Pittwater Road, Brookvale acquired for $7,125,000 (May 2009) by Penn Group (including 2-4 Federal parade, Brookvale parking real estate):
563 Pittwater Road, Brookvale sold for $22,500,000 (March 2016) by Penn Group
2-4 Federal Parade, Brookvale sold for $7,500,000 (April 2016) by Penn Group
Profit $22,875,000 (and the bloke wants statue of himself pretty much)
In this article here (2019) $18 million offer to buy Sea Eagles taken off the table , Penn personally was quoted as stating his family has invested $16 million into the club "chairman and majority owner Scott Penn recently stated his family had invested $16 million into the football club."
Take from that figure (over his full tenure) the revenue attained from gate takings, merchandise, taking home games away to large arenas and getting a huge winfall, and many other revenue streams (and the fact the NRL pay the players salary cap to the clubs), Penn should be thanking his lucky stars for our club, which he has profited from in a massive way.
He IS a business man I guess. I never trust dudes in suits.
Then add to that his mis-handling of Toovey. His mis-handling of Barrett (what a media circus, made us look pathetic), his mis-handling of Dessie (twice). Love when corporates cry martyr, when they are well and truly in front. WELL AND TRULY.
Facts Perspective time ...
Only Dumb business people dont make profits and go broke
Just like the North Sydney backers went broke and sent the Bears to their grave
Geoff Toovey is one of my all time Inspirational and Greatest Manly players but Toovey was involved in club politics and he backed the losing horse Quantum who sold their shares and abandoned him .
As For Trent he was the one that made us look pathetic as he coached a Manly team with stars like the Turbo Brothers , DCE , Fainu , AFB , Walker down to second last on the ladder and avoiding the embarrassing wooden spoon for the first time in our proud history and Mr Penn sacked him
2022 is the year of Manlys Premiership winning success story and Mr Penn is behind us all the way feathered friend Ryan
History Perspective ...
Without Great smart Manly Investors like Max Delmege and Mr Penn we would be in the same History book as the dead bears
Shoe1
Journey Man
Penn and Jake actually built the stand, along with a few suits and 2 teenage girls.
Ryan
Journey Man
Mate, I'm not sure you got the point here (if we are talking perspective). Here's a few more counter points to your view:
The Penn family (while owning the leagues club) earned mountains of rent (mountains !). To give you an idea, the club's paid in 2019 and 2020 (please understand the rent was substantially reduced because of the short term nature of the renewal):
2019: 828,007
2020: 714,504 (renegotiated a short term lease, hence discount)
Yep, he sold it in 2016, but this gives you a rough idea of what he attained while owning the asset.
Another few points I'll throw out there:
1. Eagles Angels. Well known, celebrity group, who the club supported and embraced during the Max Delmege era. How Scott Penn treated them was atrocious. Do you recall the negative media at the time Bozo? Their stellar line-up includes media personality Harmer and sports stars Layne Beachley, Melinda Gainsford-Taylor, Laura Enever, Kerri Pottharst, Naomi Flood, Debbie Watson, Louise Savage, Anne Sargeant and Nici Andronicus.
Here's an article to refresh your memory on your saviour Scott Penn:
Eagles Angels supporters group considers parting with Manly
The Eagles Angels, Manly's pioneering female league supporters group, is considering breaking away from the club after being neglected by its new management regime.
2. Max Delmege. The true saviour of our club. We all know and have read how Penn treated Max Delmege, particularly towards the end, and particularly relating to the provision of writing cheques when required. Crap like this in the media:
Future in doubt as Manly Sea Eagles go to war
The Greenhouse is a community where Canberra Raiders fans can share their passion for the Green Machine and rugby league.
www.thegh.com.au
Rift between Manly owners Scott Penn and Max Delmege may end in buy-out
By Brent Read http://www.foxsports.com.au/story/0,8659,25052864-23214,00.html February 14, 2009 MANLY co-owner Scott Penn has raised the prospect of buying out partner Max Delmege in a bid to end the bitter board-room battle which threatens to split the premiers. Penn, who owns a 42 per cent...
silvertails.net
3. The Leagues Club: Need I say more?
I hope you're open minded enough to take on board all aspects here Bozo. The pertinent argument being Scott Penn having the audacicty to demand his name be displayed (rather then the legendary Beaver Menzies) on a council owned facility because of "what he's done for the club".
**** that mate. He's both profited, and caused damage to the brand over time in my view. He should have accepted the offer from a consortium, who would have cleared the liabilities on our balance sheet, putting the club in a much better position net asset, and both profit wise.
Let's think logically here.
Ryan
Journey Man
There were other investors (including a consortium) willing to invest, pay down debts, and carry us forward during Penn's reign. When Max Delmege invested, he was the only one who put his hand up. There's the difference.
Looks like they did a great job too 🙂
Agree totally Ryan ..Mate, I'm not sure you got the point here (if we are talking perspective). Here's a few more counter points to your view:
The Penn family (while owning the leagues club) earned mountains of rent (mountains !). To give you an idea, the club's paid in 2019 and 2020 (please understand the rent was substantially reduced because of the short term nature of the renewal):
2019: 828,007
2020: 714,504 (renegotiated a short term lease, hence discount)
Yep, he sold it in 2016, but this gives you a rough idea of what he attained while owning the asset.
Another few points I'll throw out there:
1. Eagles Angels. Well known, celebrity group, who the club supported and embraced during the Max Delmege era. How Scott Penn treated them was atrocious. Do you recall the negative media at the time Bozo? Their stellar line-up includes media personality Harmer and sports stars Layne Beachley, Melinda Gainsford-Taylor, Laura Enever, Kerri Pottharst, Naomi Flood, Debbie Watson, Louise Savage, Anne Sargeant and Nici Andronicus.
Here's an article to refresh your memory on your saviour Scott Penn:
Eagles Angels supporters group considers parting with Manly
The Eagles Angels, Manly's pioneering female league supporters group, is considering breaking away from the club after being neglected by its new management regime.www.smh.com.au
2. Max Delmege. The true saviour of our club. We all know and have read how Penn treated Max Delmege, particularly towards the end, and particularly relating to the provision of writing cheques when required. Crap like this in the media:
Future in doubt as Manly Sea Eagles go to war
The Greenhouse is a community where Canberra Raiders fans can share their passion for the Green Machine and rugby league.www.thegh.com.auRift between Manly owners Scott Penn and Max Delmege may end in buy-out
By Brent Read http://www.foxsports.com.au/story/0,8659,25052864-23214,00.html February 14, 2009 MANLY co-owner Scott Penn has raised the prospect of buying out partner Max Delmege in a bid to end the bitter board-room battle which threatens to split the premiers. Penn, who owns a 42 per cent...
3. The Leagues Club: Need I say more?
I hope you're open minded enough to take on board all aspects here Bozo. The pertinent argument being Scott Penn having the audacicty to demand his name be displayed (rather then the legendary Beaver Menzies) on a council owned facility because of "what he's done for the club".
**** that mate. He's both profited, and caused damage to the brand over time in my view. He should have accepted the offer from a consortium, who would have cleared the liabilities on our balance sheet, putting the club in a much better position net asset, and both profit wise.
Let's think logically here.
However I will correct one point .. he is not trying to dud menzies.. the menzies/Fulton stand will become the menzies/lyons stand ... the new stand will be the Bob Fulton stand ... and the actual COE to be the penn health COE.
Max Was Great Indeed , but Give Credit to Mr Penn as well feathered friend because owning and running a footy club is not the greatest investments and it is a Thankless Job
Terry Zarsoff
First Grader
Those two are really multi-talented.
Terry Zarsoff
First Grader
I saw Joe Kelly’s name mentioned in one of Ryan’s posts re: the Pennasites/Parasenns.
Kelly deserves his own special place in the annals of sh-t stain performances for his CEO cameo.
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