What does Penn get out of Manly?
- Thread starter John Nicholson
- Start date
Terry Zarsoff
First Grader
Medicinal…of course.
Terry Zarsoff
First Grader
Ryan
Journey Man
Penn gets airtime for starters. This club gives him celebrity which feeds his ego.
Secondly, I've posted the figures on the leagues club sales. He's made HUGE profits.
Third, he EITHER gets a profit, or a loss (tax offsets) for an extremely strong health industry business.
Fourth, the club is a hobby / toy / plaything for him.
Honestly , I've no idea why he just won't sell. The only reason I can think of is he's making some solid cash off us. We need owners who can invest, and keep investing. Who won't make us look like an embarrassment in the media every few months.
He's made his millions from us. Why can't he just knick off. My thoughts are that he's profiteered so much and sold, if the actual numbers were released, it would shame his family.
Profits from real estate sales + NRL grants + merchandise + memberships + corporate sponsorships + gate-takings - money given back = an embarrassing number for him for acting like a martyr.
Secondly, I've posted the figures on the leagues club sales. He's made HUGE profits.
Third, he EITHER gets a profit, or a loss (tax offsets) for an extremely strong health industry business.
Fourth, the club is a hobby / toy / plaything for him.
Honestly , I've no idea why he just won't sell. The only reason I can think of is he's making some solid cash off us. We need owners who can invest, and keep investing. Who won't make us look like an embarrassment in the media every few months.
He's made his millions from us. Why can't he just knick off. My thoughts are that he's profiteered so much and sold, if the actual numbers were released, it would shame his family.
Profits from real estate sales + NRL grants + merchandise + memberships + corporate sponsorships + gate-takings - money given back = an embarrassing number for him for acting like a martyr.
Ron E. Gibbs
First Grader
Yep - I've said this before: without the Manly Sea Eagles, nobody, but nobody would know who the **** Scott Penn is. So what does he get out of Manly? An identity he otherwise just wouldn't have.
He also gets to torture powerless fans like us with his smug face and incompetent decisions, and maybe he's into that kinda thing.
The Admiral
Member
I think the question should be, ”what does Manly get out of Penn?”.
Nowhere near enough.
manly al
First Grader
No idea what the reasons would be for the Penns [ and it is just not Scott ] to have a long term interest in Manly . Also majority shareholder [ think that it is currently still 67 % ] is not quite the same as having full ownership . Being chairman does naturally have some considerable more status but in regard to the present mini drama over coaching matters , sure that it would not only be Scott Penn agitating for some or a different approach or coaching set up . Would have to assume also the majority of the board and other influential sections of the club in general have a similar view or position . Mentioned previously that he [ Scottt Penn ] seemed to be quite constructive in trying to resolve that previous coaching uncertainty saga in replacing Barrett and really can not see what is so objectionable in trying to get some better results team performance wise now . , If that means Des not having full control over proceedings , so be it . Again with the present structure of the franchise arrangements , would say that they have been the only ones kicking in with required funds in any shortfall season which would have to assume would be most seasons in Manly "s case . Maybe some tax concessions for some operating losses with a sporting franchise and similar to a general company set up but would hardly think on the extensive side . Rainbow gate was not handled well by the club [ understatement of course ] and Scott [ Penn ] should have been a bit more supportive when Des was vocal on that ref controversy , ,. if the club is supposedly valued at 20 mil or so [ and that might be an overstatement ] , not sure what the Penn"s cut would be but apparently not of any interest right now or previously and again for whatever reason . .
Terry Zarsoff
First Grader
Nothing but trouble.
I wish I could give a triple winner
John Nicholson
Nicko
Maybe we should run a poll - "Do we want the Penns to remain as majority owners of the Manly Sea Eagles ?"
wedgetail eagle
Bencher
Slim Shady Ball 😉
manlyfan76
There is no A.I. Just better computers
Looking forward to the headline: Pen is out of Man. Fans happy.
manly al
First Grader
Have you got some type of an Ink - ling
Attachments
Shoe1
Journey Man
Probably due to weight watchers
Terry Zarsoff
First Grader
See post #23.He looks like the joker in the top photo..
His face has turned plastic and rubber due to all the fad diets
Users who are viewing this thread
Staff online
-
JethroStar Trekkin' across the universe
2020 Ladder
| Team | P | W | D | L | PD | Pts | |
|---|---|---|---|---|---|---|---|
| 1 | Bulldogs | 8 | 7 | 0 | 1 | 94 | 16 |
| 2 | Raiders | 9 | 7 | 0 | 2 | 60 | 14 |
| 3 | Warriors | 8 | 6 | 0 | 2 | 0 | 14 |
| 4 | Storm | 8 | 5 | 0 | 3 | 76 | 12 |
| 5 | Broncos | 9 | 5 | 0 | 4 | 54 | 10 |
| 6 | Sharks | 9 | 5 | 0 | 4 | 49 | 10 |
| 7 | Sea Eagles | 8 | 4 | 0 | 4 | 36 | 10 |
| 8 | Tigers | 9 | 5 | 0 | 4 | 20 | 10 |
| 9 | Cowboys | 8 | 4 | 0 | 4 | -14 | 10 |
| 10 | Roosters | 9 | 4 | 0 | 5 | -42 | 10 |
| 11 | Dolphins | 10 | 4 | 0 | 6 | 10 | 8 |
| 12 | Dragons | 8 | 3 | 0 | 5 | -14 | 8 |
| 13 | Knights | 8 | 3 | 0 | 5 | -48 | 8 |
| 14 | Rabbitohs | 9 | 4 | 0 | 5 | -70 | 8 |
| 15 | Panthers | 9 | 3 | 0 | 6 | -2 | 6 |
| 16 | Titans | 8 | 2 | 0 | 6 | -88 | 6 |
| 17 | Eels | 9 | 2 | 0 | 7 | -121 | 6 |
