Gee..thats informative. Talk about dangling a carrot!

headline, willie is gay

hmm interesting gonna give any more info or just dangle stuff

bloody hope that stuff abut Mahersy ismt true i can tell u that right now!

Wanna give us some more info or just leave us dangling..??

same here , i hope it isnt, the other night he was talking about coming of the bench in couple years time etc. etc.. so it didnt sound like it then, but who knows aye

Talk about teasing, we need to know now

yeah i agree keefy but then again this could just be a topic to get everyone biteing and creating some inuendo

guess time will tell if theres substance i dare say there would be a mention on ozhoops as well or isaac would have responded by now

Yes, i think this anonymous is just playing with us and stirring up some trouble by spreading rumours!!!

I can't see Mahersy retiring at the end of this year, he's still got a number of good year's left in him. If he went, would mean Hill has to step up BIG time like he did on the weekend, but on a more consistent basis. Having Brett around for a few more years would certainly benefit Hill's development at NBL level

I definately agree... i dont think Maher would just do that now when Hill is just startng to find his feet. He understands it all and he def has a good 2-3years in him and the whole team would benefit profoundly in particular Hill..I dont think he would just disapear like that

anon #65738

If this isn't true, never believe a word from me again.

My two cents worth

How do u know about it?

Can't say sorry. But it is true. Should be able to see it online from around 1am at www.theadvertiser.com.au in the sports section or maybe even just the front page section.

cant see this being true sorry mate, for your sake i hope your wrong

800 k would be enough to trade on next year as well.

800k to trade for a few months...what is going on???

They are in huge debts, like close to 2M and that doesn't count what they owe the Government for the Dome.

Im guessing that if this is actually true that Paul Rees will feature in the story......the wishy washy excuses for his non playing recently may have a lot more in them

this is bull im sure of it, well i hope or there goes south australian basketball

Not being an expert in this field so I may be wrong but how can the CEO of an organisation just sack the board? I thought to do this that an extraordinary general meeting would need to be called and a vote held before any board sackings can take place

No, Kevin Foley did.

I hope and pry that Paul Bell and his team can come in and save our 36ers.

You will find that if they have been trading insolvent, that a lot of directors will not be sleeping too well tonight.

Wow. That is far far worse than even the Pirates problems.

I know Boti reads this forum, how about a nod of the head?

this betta be a lie

no shit!! im starting to fret, if it is, what a fucking idiot...

so does anyone actually know that this is true or is it still just a rumour??

how can this happen to adelaide!!

we would have heard updates about this problem along the way, it wouldnt all of a sudden be this serious that they r in worry of completly folding...surely...

im still really feeling it is a rumour to be honest

just hav to wait till tomoro i guess. surely it cant be try, it only surfaced today

its a rumour

you would think so..but this anonymous has im sure..upset a few ppl with these comments and created a bit of uncertainty about it all

If you can crash multi-billion dollar US businesses 'overnight' and catch everyone off guard, you can crash a tiny professional basketball team from Australia without too many people seeing it coming.

sooo ill lets have a vote who thinks its crap and who doesnt

just cross your fingers and hope to god that its not true. Also maybe why dusty was upset at his offer? maybe they gave him low $$$ but did not tell why?

i bet u can....its a bit strange, everything is fine all season and it goes from maher retiring to suddenly sixers in dire straits and about to fold....mmm...

It is true, I am sorry to say. But it won't be the end of the sixers.

They will come out of this stronger!

Dusty is Adelaides best player and if we lose him..we r in trouble...he deserves a lot of money!!! very underatted player i think

why should we believe u...what have u got to prove it to us? if u told us how u knew maybe a bit easier to believe..

Lets have a vote, see what people think, FACT or FICTION

FACT

is anyone here as big a Dusty fan as i am? best player, very very underated. contributes game in game out

yah i agree with bballer

has isaac said anything at all? phil was on 5aa today did anyone hear him, did he say anything?

FICTION..I HOPE

Maybe mr my 2 cents worth is an Isaac alias?

Thomo - I thought you were in the loop with the heirachy down at the dome - do you know of any impending doom stories?

I still reckon IF there is a bg story that it will involve Reesy

Oh well whatever happens its more interesting that listening to Serena Williams grunt on the tennis court tonight....and whats with the US chick commentating - almost makes me wish Carfino and Case were doing the commentry - she is s&^%house!

Serena is so fat....for a professional sports person she is huge! and her grunt is huge and feral!! really dislike her, and the commentator has the moist annoying voice!!! dont like her either!!

When we find out that this is infact true. I want a beer from everyone who thinks I am joking.

I wish I was

YEah, whats with reesy not playing..its a bit suss dont u think???? IS there a particular reason he isnt or not..do u ppl know?

On my 3rd can of Red Bull, need to stay up until they release the online version of the 'tiser.

its only 10.45, long way to go until 1

all i know is that there has been no rumbling from the auditor generals department who infact are the controlling body of the BASA portfolio, infact 6 months ago BASA and the SA GOV signed and agreement waving all loan repayments which constitutes 98% of the debt for 2 years.

my 2 cents , quote a name or something , im not saying this is BS but it would go against the last 3 months of rules set down by the AGD which included the hiring of a CEO the state gov wanted who would implament a plan to reduce the BASA debt in half by 2012

fingers r tightly crossed

wait a minute wats tha rumour again

haha im in qld. only 12:30 for me

who loves Dusty Rychart?

Dusty is a great player and at 27 hes keen to playout his career here (mid 30's) he doesnt want to be another davis eg play till 40 but he definetly wants to play here long term if and appropriate contract in $ and length is offered
not whats hes currently been offered

i love wilie farley

Dusty wants to return to MN i have heard...which i hope is delayed as long as possible..36ers need him here for a long time...How much longer do u think he will stay in Adelaide for?

maybe he did not get offered that cos of the rumor, maybe we dont have cash, i hope not but sounds plausable(sp?).

wats the rumour??

he deserves a lot more than what he is getting, that must frustrate the guy even more..consistent performer who always gives his best. too underated, and i hope he is offereed more so he stays here as long as possible!

if 36ers r in trouble, i thikn he would go home to MN where he can get some decent money..and do some study which he has already started here

I'm off now, ill check this in the morning for what ppl hav been writing..peace everyone and pray that 36ers are ok!!!
Dusty Rychart for life!!!!

Hmmmmmmmm

I dont understands Mr My 2 cents why you need to stay up till 1am to see the online version of the advertiser as you apparently already know exactly what is happening - so why waste your redbull to stay up and read something you already know?

yeh is this actualyy true, sumone tell me

yeah come on anon share some more light if its going to be breaking news in little over hours and half then shed some more facts


Isaac if your still up you pretty quite on this which to be honest is the only thing conserning me that they may be some fact to this

Hi Statman,

I want to see the exact story, I have heard it 2nd and 3rd hand.

2nd and 3rd hand ok, its not that im doubting you but ill wait up and see hope your wrong

this is crazy, the story keeps changing, this better all be a load of bull!!

It is true, I'm going to be owed a sh*tload of beers.

its changing a little but now to me it seems like two much to be false, maybe a little off but not wrong. and like someone said no comment from isaac is strange, he may have a life though :-)

again ill say name one of your sources

ok, then clarify exactly what you have heard cause alot of stuff has been said on this thread so far........

Kevin Foley has SACKED the ENTIRE BASA Board.

They have given the sixers 800k to trade with until the end of April then good bye sixers.

I can't believe all these people who have so much of nothing to say. Give it a rest and read the news when it becomes available. This thread is long enough with nothing but nonsense.

agreed joshua just seems to change to much as well,

and yeah im sure isaac has a life outside here

well im gonna wait up and see whats up

could they not do the BASA 6ers spilt everyone wants?

are you sure the person who told you this wasnt lying in a gutter on hindley street?? was it someone involed with the sixers??

well i'm out of here, i hope when i wake up this will all have been a dream....

yah thats what i think would happen first as gov have been keen to hold onto the sixers and pass of basa for a while now

11:33 breaking news released on Advertiser site nothing bout sixers in it , still ill keep waiting

whats this the sixers are finished??? please tell me im wrong

What the.......no more Sixers

Man that would be alot of History down the tubes

Would that then make Perth the most successful club in the NBL

were the most successful?? wat abour your melbournes and sydneys?? or were they crap back in the day?

yah adelaide 5 (4 as 36ers 1 West Adelaide) and perth 4 are the 2 most sucessfull clubs in the NBL today,

Then Syd 3 Bris 2 Tiger 2

Cannons won 3

Stkilda / Se Magic 4


if my memory serves me correct

Dont worry boys........im sure someone will bail out your 36er's

I cant see the club going under

well if this guys right only 45 mins and we will all know
one way or the other

It is approx 1am it comes out.

I have been told it is front page material, but I doubt that. It will be there though.

I STILL DONT BELIEVE THIS

See, I'm not the only one that knows about this.

THE STORY KEEPS CHANGIN

fair chance its just you posting under anon and my 52 cents been done plenty of time on here before

to make something look credible

half an hour to go....

SO ALRITE THEN IF IM GONNA STAY UP TELL ME THE WHOLE RUMOUR AGAIN

all talk and no proof, looks like the advertiser website wit be quite popular in half an hour.....

The sports section is updated, its not there.

So obviously it is very serious and on the front page, or I am lying.

Your choice.

yeah i agree VC,

ill wait and see but im gonna be pissed if its just a BS rumour

I AM OWED BEERS

FOLEY DUMPS BOARD
By GREG KELTON
17jan06
BASKETBALL management in South Australia has been forced to quit to prevent the sport's total financial collapse.

Treasurer Kevin Foley late yesterday gave the board of the Basketball Association of SA an ultimatum to quit by 11am today or face insolvency.

The board did not wait until the morning, giving Mr Foley a reply in his office in the State Administration Centre that it had accepted his tough terms.

Government sources said the board members had been "shell shocked" and "upset" by the move.

Badly in debt, the association has asked for another $1.5 million bailout from the Government.









Unless it gets the money, the future of the sport and the state's two major basketball teams - the 36ers and women's team the Fellas - is under threat by the end of this month.

Mr Foley told the board to stand aside for a government-appointed administrator - or receive no more funding.

"Without government support, basketball in SA will collapse," Mr Foley said.

"The administrators of basketball have badly let down their sport."

Financial corporate expert Bruce Carter, chairman of WorkCover and the man behind rescue bids for Balfours, Harris Scarfe and the National Wine Centre, will be put in control of restructuring basketball.

Mr Foley said many thousands of SA basketball players and their families would no longer be able to take part in the sport and the 36ers and the Fellas would not be viable if the offer was rejected.

"Liberal and Labor governments have given BASA every opportunity to get their house in order," he said.

"The situation has just got worse and enough is enough."

Mr Foley said if the board had not accepted his ultimatum it would have been "left to its own devices".


The latest problems came to a head after a meeting between Mr Foley and BASA in December last year, at which the board indicated it was looking at a loss for the current financial year of $280,000.

"They believed those losses were manageable," he said.

When Mr Foley returned from leave early this month, he was presented with an auditor's report advising the association losses for 2005-06 were more likely to be around $1.2 million.

"The report made it clear that the solvency of BASA is such that by the end of January, they could no longer trade as an organisation," he said.

Mr Foley said he was prepared to provide financial support, conditional upon BASA's board agreeing to stand aside.

"I have no confidence in their ability to administer basketball, particularly given what I consider to have been a completely inaccurate financial report in our December meeting," he said. "This is the sport's last chance to get it right."

There are more than 20,000 registered basketball players in SA, with as many as 100,000 playing in schools and competitions under the auspices of BASA and relying on BASA to help with coaching, venue payments and administration costs.

Basketball sources have blamed financial problems on mismanagement, lack of free-to-air television coverage of the 36ers, poor ticket sales, increased insurance expenses and a failure to meet sponsorship and fund-raising targets.

BASA borrowed $16 million from the Government to fund construction of its headquarters - now known as the Distinctive Homes Dome - in March, 1992.

It has struggled to repay debts and on several occasions has been forced to seek extra assistance - the latest a $2.5 million five-year package in 2002.

BASA chairperson Di Campbell last night agreed "significant change had to occur".

She said the board had been asked to remain until the end of April to facilitate restructuring.

Apologies anyone?

yep , good article on it, this is what was rumoured couple months back it wont collapse its just bringining in its own board which it wanted to do 6 months ago,

well soz i doubted you 2 cents its bad but not doom and gloom new basa board new direction and they guy who they have brought in is a winner and should be able to bring it back again

again well done on the scoop even if its not as bad as made out at the start of this thread

I think it is as bad as first thought.

sorry man u were right,does this mean no more district???

wait im confused, so theres no more basa? ( district competition)

i dont think its as bad as first thought, look to the 36ers to be government run, like they wanted 6 months ago (go back and read my topic on it) look at basa to be split,

again its the BASA board sacked the 36ers board are intact as far as that article goes, the current ceo was brought in by the Gov look at him to only work with the 36ers

again guess we will know more when settles down and the t's a crossed and i dotted

yep read it through again, and i still believe 36ers are fine BASA is in deep shit, yes.

again look to the 36ers being government run, the writing was on the wall with basa the moment dawes was brought it

and lets be brutally honest whilst the current basa board was there nothing was going to be done

someone answer me does this mean there may be no district competition?

guess you were right, so what exactly does this mean, if they can sort everything out in time will it mean that the sixers ship will stay steady (didnt plan that by the way)???

36ers can run without BASA this was floated several times around gov circles,

but yeah it would be sad to see district and grass roots get affected

so if 36ers are to be sold who would buy now considering 6 months ago gov said if they were to be sold the buyer would need to take on 70% of the debt 8mil roughly

dude i swear im only 14 but this is the worst thing that has ever happened to me, ive lost basketball,my only love. i love the game so much and have just started goin places in district and now this. this has been the worst night of my life.

Josh, You'll be right.

There are plans in place already to fix this mess.

thanx fellas, but if i lose basketball i lose everything. it keeps me away from drugs and all that shit. im absolutely crappin myself and so are all my mates

i think you will find its alot of the BASA problems that cant sustain the fundaraising etc,,, im not saying the 36ers are not to blame but i think you will find its alot more on the BASA side, the reason 70% debt figure was floated was so that there would be enough money brought back in to replenish the dome debt,

so what would you do now then, sell the 36ers or let the newly appointed board create a new direction ? personally i think the sixer will be fine, gov board will work out a new direction, and i believe split the two

if 36ers where to be privetly sold i see them folding with in 2 - 3 years,

any way this is all hypathetical until we know more details of the new board their direction what their plans are for the 3 entities and what process they are going to take,

gonna be interesting to read boti's take on this tommorow

either way good scoop on the story 2 cents the only disapointment is you where right

so there is going to be a neew board for BASA abd the 36ers or them both combined??

doesnt say in the article it says the BASA board has been sacked which some of them are on the sixers board but very few,

either way i reckon it will be ok in the end the guy thats come in has saved all the companys hes been appointed to ,

its sad this has happend but i guess lets be honest how much more where the gov gonna wait on the 12mil owed when basa would spend money willynilly on other things like spending 2 mill on a centre they dont own (wayville) and borrowing the money from unley council to do it

someone tell me im shittin myself here

josh i wouldnt worry, Anon is right at the end of the day grass roots and club ball will still go on whether its under basa or a newly formed entity only time will tell now,

and yep i think anon is right the two will be split but not sure who would buy the 36ers or fellas still have a feeling it will be gov supported either way,

i dont think the dome will go as its built on a pughole tip which has a high lead content meaning houseing cant be built on it for X years 2020 i heard from some where

yay anon thanks for backing me up on that, even at 4000 a game say average ticket price of $15 theres $60000 not inc boxes, food , game sponsor and more expensive seating courtside

Just got the paper at 4am. Boti's article is buried behind pages of tennis and it's a positive article.

This is pretty huge. Found it on the Advertiser website. Not nice reading in a tiny Internet cafe in the back corner of Milan...

http://www.theadvertiser.news.com.au/common/story_page/0,5936,17846412%255E910,00.html

Sorry guys - it was Oscar's birthday yesterday and I was at dinner when I found out, so couldn't really confirm it online until this morning.

Ha - well happy birthday Oscar!

Geez Isaac - who would have thought you actually had a life......

Ok - is this neccesarily a bad hing? All that seems to have happened is that the major share holder has sacked an underperforming board. If they are replaced by someone who knows how to turn things around surely this is a good thing?

We have been hearing for ages that the BASA board have no idea for ages and need replacing so maybe this is what needed to happen years ago to stem the flow of money and stop the whole basketball situation geting to the stage it has now.

lets wait for the dust to settle and hopefully some solutions will be found.

ABC Radio this morning mentioned Wayne Jackson (ex AFL) as a possible key member of the Administration team

yep on Radio Wayne Jackson and Mike Daws to team up to Bring Basa and its entitys (6ers and Fellas) Forward, good move seeing when jackson took over the afl it was in state the same as nbl clubs are now and he made a profitable business again, good postive session on ABC,

saying its business as usual they have now recieved thier funding and staff at all levels were releived this has happened

I read the article first online at the Advertiser and I let out a whopping big... YES!!!!

Yes everyone, this is the best thng that could happen to basketball in SA.

Will it mean change and maybe a fair amount of it? Probably.

Will that be good? Most likely.

Will you get old and young farts who think change is of the devil and start stirring the devil pie? Of course.

Let's all welcome and embrace the change and help Basketball SA get going in the right direction again!

BRING IT ON!

summed up well cavolo this needed to happen, its not all doom and gloom i think bb as a whole is gonna come out stronger then ever out of this

Does this affect the 36er's board at all which, as I understand it, is separate to the BASA board? What happens to the new CEO who would be on both boards and only been in the job a short time?

said on radio hes still there and that jackson and he would be working together to get the organisation headed in the right direction

hehehehe...good duck and weave isaac...
1) none of us believe you've got a life :)
2) you couldnt possibly have commented until release
3) dont blame you
4) all we can hope is that it turns out as positive.

by the way..well done my2cents...pay up folks

sorry 2 cents

was just on ten news, interviews with phil smyth, paul bell, jackson etc.

they are all trying to make out that this is great with that forced smile, it could be good or the ultimate demise. what happens to players contracts does every contract get dissolved after our final game? cos they are not sure if we will be back.

Basketball SA is in Administration, which from my understanding, the major creditor (in this case the Government as they are owed the most) appoint someone of their choosing to run the company in order for the debt to be repaid, or restructure the company with a view to trading out of debt.

The administrator could decide that it is physically impossible to trade out of debt, at which time the company becomes insolvent, and is wound up (thats when you get things like HIH, One.Tel etc).

Administration means at the customer end, it is business as usual (games are scheduled and played, 36ers and Fellas keep playing, and get paid).

I think the Government has brought in an excellent team, and I wouldnt be worried. I feel sorry for Mike Daws, walked in to this not even 3 months ago.

did you hear him on 5AA KG had a shot at him and he was kinda sketchy, its must be very hard. They were saying that it had to be someone or a group of peoples fault "was that you?" he bascially said the board fell and took the blame.

Get basketball back on free to air TV, that will increase the interest level in the sport. Ok so we get one game of womens leage on TV a week, but lets put it on free to air TV instead of some of the other sports like Golf, Tennis (unless an aussie is playing), and other sports that are much more interesting to watch live.

This might just increase basketballs profile, more people start playing, more subs, more money from the associations, and the sport will be high profile again.

Basketball was very high profile back when it was on TV, not all people can afford Pay TV i know i cant.

Also maybe if the county associations had more to do with BASA the sport would be a lot better financially, as most country associations are doing quite well (note I did say most)