Shocking News!
Stade de Sembawang Reception Centre - In a shocking turn of events, the Mavericks Owner has decided to put the club up for sale. This comes after the Outsiders' disastrous winless run which has stretched for a staggering 8 games. The Outsiders' last dated victory was a 5-2 trouncing of Woodlandsvista FC in the league last season.
This was a cause for alarm, especially since the Outsiders have lost 4 of their last 5 matches. Under the surmounting pressure, the Owner has called for a last-minute press conference to announce her decision and has put the club back on the market and is desperate for a sale as soon as possible.
Despite the club's stature, she may still find it difficult to find a buyer at a good price in the current market conditions.
She told the Sunday Times: "It has been catastrophic for everybody. We've lost too many matches, I've lost my money and I've made terrible decisions. I tried my best. But I accept my best wasn't enough. I am genuinely sorry for everybody about what has happened.''
"The club's best asset has been, is and always will be the fans,'' he said. "But like any business with assets, the club has debts. There was already that huge debt we owed when I took over the club," referring to the £70m debt from the transfer of portuguese full-back Jeremiah when the previous owners bought him to shore up the defence. However, the player played only 2 games for the club before deciding to retire from football. The signing was listed at #2 in the Top 10 worst business deals of the century in Forbes Magazine .
Reports suggests that several different consortia were provided with prospectuses outlining details of the club's financial standing, with groups from Vietnam and Africa having been linked with buy-out bids.
Insider information has also revealed that the Vietnamese consortium linked with the club's possible takeover is made up of several stuntmen on set of the recently produced epic war movie, Viet-numb. Retired referee Charles has also expressed his interest in buying over the club.
More updates coming soon.
This was a cause for alarm, especially since the Outsiders have lost 4 of their last 5 matches. Under the surmounting pressure, the Owner has called for a last-minute press conference to announce her decision and has put the club back on the market and is desperate for a sale as soon as possible.
Despite the club's stature, she may still find it difficult to find a buyer at a good price in the current market conditions.
She told the Sunday Times: "It has been catastrophic for everybody. We've lost too many matches, I've lost my money and I've made terrible decisions. I tried my best. But I accept my best wasn't enough. I am genuinely sorry for everybody about what has happened.''
"The club's best asset has been, is and always will be the fans,'' he said. "But like any business with assets, the club has debts. There was already that huge debt we owed when I took over the club," referring to the £70m debt from the transfer of portuguese full-back Jeremiah when the previous owners bought him to shore up the defence. However, the player played only 2 games for the club before deciding to retire from football. The signing was listed at #2 in the Top 10 worst business deals of the century in Forbes Magazine .
Reports suggests that several different consortia were provided with prospectuses outlining details of the club's financial standing, with groups from Vietnam and Africa having been linked with buy-out bids.
Insider information has also revealed that the Vietnamese consortium linked with the club's possible takeover is made up of several stuntmen on set of the recently produced epic war movie, Viet-numb. Retired referee Charles has also expressed his interest in buying over the club.
More updates coming soon.
posted by The Outsider at
6:24 PM
