double hoops
First Grader
@Ralphie your very correct about the Quantum balance sheets.
But let's be serious, the Quantum balance sheets were never any good. Sidney would have to have other companies going down the drain, if coin was his issue.
I did check on the balance sheet of Quantum some years back actually.
As a manly supporter how could you not want to buy some shares in Quantum.
How good would it be to be able to say, I own the SeaEagles LOL. (I Might not have bought all the shares mind you)
I seem to recall even when we were on top the SMH especially seemed to stick the boot into Quantum. Impossible of course because no one at the Penn Group would ever have SMH running stories to suit the Penn Group would they?
Quantum certainly looked like a company Ltd version of a tax write off too me. . I Dont know how Phil Sidney made his money, but I am certain it wasn't through Quantum. My research seemed establish it may have never made money ever. But that didn't stop it's director using it to buy a football club, and using it as a bank balance forking out millions to level out the sea Eagles balance sheets for years.
In some ways how brilliant is Phil Sidney. He Certainly has better accountants then me. Own the sea Eagles and spends other people's money doing it.
Of course I may not think that way if I didn't support the Eagles, and I had invested my life savings in Quantum.
Penns owning us isn't the issue. it is who they have working for them and the **** job those people are doing. if penns are all about the balance sheet they must regret sacking Dave Perry for example, a CEO who done the impossible and had the Sea eagles making money, replacing him with Joe Kelly. How does that MasterCard advert go again, "now that is priceless" .;-).
But let's be serious, the Quantum balance sheets were never any good. Sidney would have to have other companies going down the drain, if coin was his issue.
I did check on the balance sheet of Quantum some years back actually.
As a manly supporter how could you not want to buy some shares in Quantum.
How good would it be to be able to say, I own the SeaEagles LOL. (I Might not have bought all the shares mind you)
I seem to recall even when we were on top the SMH especially seemed to stick the boot into Quantum. Impossible of course because no one at the Penn Group would ever have SMH running stories to suit the Penn Group would they?
Quantum certainly looked like a company Ltd version of a tax write off too me. . I Dont know how Phil Sidney made his money, but I am certain it wasn't through Quantum. My research seemed establish it may have never made money ever. But that didn't stop it's director using it to buy a football club, and using it as a bank balance forking out millions to level out the sea Eagles balance sheets for years.
In some ways how brilliant is Phil Sidney. He Certainly has better accountants then me. Own the sea Eagles and spends other people's money doing it.
Of course I may not think that way if I didn't support the Eagles, and I had invested my life savings in Quantum.
Penns owning us isn't the issue. it is who they have working for them and the **** job those people are doing. if penns are all about the balance sheet they must regret sacking Dave Perry for example, a CEO who done the impossible and had the Sea eagles making money, replacing him with Joe Kelly. How does that MasterCard advert go again, "now that is priceless" .;-).