In the Know
Years ago

ABC to go into Receivership

Article in Australian today:

http://www.theaustralian.news.com.au/story/0,25197,24604389-2702,00.html

How things turn around so quickly. Will not be long before the government steps in.

Topic #17928 | Report this topic


Kent Brockman  
Years ago

I wonder what impact this has on the sixers sponsorship?

Reply #210242 | Report this post


ExWhy  
Years ago

Holy Sh!t...that is a massive turn around...$8 share = $4.8B company.

today 0.54...how the mighty crumble...As for the 36ers....hmmm

Reply #210247 | Report this post


Jack Toft  
Years ago

As per the 36ers sponsorship, I would suspect that most of the payment was up front. Certainly the player sponsorship would have been.

If there is a monthly billing arrangement, then it may be time to find another sponsor.

Reply #210251 | Report this post


Dog 71  
Years ago

I think you'll find that no money ever changed hands for the ABC signage at the Dome, it was just a brown nose excercise to try and keep Fast Eddy onside.

Reply #210267 | Report this post


Camel 31  
Years ago

Some sources say that Government or receiver may be called in. ABC say it's business as usual.

Reply #210301 | Report this post


ShaneD  
Years ago

Administrators are in there right now.

A time full of uncertainty!

Reply #210437 | Report this post




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