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Posted
Not good. How much dosh will this set us back?
This is not all doom and gloom - Schwab knows the lie of the AFL landscape - and knows thye culture of the club...let's see how this plays out...
Posted
This is not all doom and glom - Schwab knows the lie of the AFL landscape - and knows thye culture of the club...let's see how this plays out...

McNamee is a great acquisition and won't be going anywhere, and there is more than enough room for Schwabb to return in another role.


Posted
Heat on

Oh dear.

I'll back Stynes and co. on this. If Schwab's better than McNamee or there is a role for him at the club bring him in. Good people are hard to find so when there's a chance to grab them you grab them. If McNamee's struggling then he need's help (or a different job)

Guest Colossus_2000
Posted

Have we heard from any other source, rumor or otherwise, that Paul Mac is struggling? Not the 'OMFG we're $5M in debt' struggling, but 'i'm not coping in this role' struggling..... I haven't heard a thing.

Just sounds like more mud slinging, let it wash over and see what happens.....

Posted
He is, though, known to be keen on the idea of an experienced football person joining the club, which has been further weakened by the resignation of chief financial officer George Savvides.

Savvides, recruited by Harris three years ago, was regarded as an efficient and popular member of senior staff. He is expected to leave early next month.

I don't know anything about George Savvides and this is nothing against him personally but if he's the CFO then surely he's the one responsible for the fine mess we're in at the moment i.e. at least two years of performing well below budget and this year staring at a $2m loss. How are we weakened by his resignation?

Posted

Possibly just as worrying the fact that the COO has been given the boot, how many more critical staff can we let go?

Posted
I don't know anything about George Savvides and this is nothing against him personally but if he's the CFO then surely he's the one responsible for the fine mess we're in at the moment i.e. at least two years of performing well below budget and this year staring at a $2m loss. How are we weakened by his resignation?

It's a great point wj.

Posted

Wasn't Cameron Schwab the CEO of Melbourne when the MFC was found to have breached the salary cap several years ago and then penalised by a significant fine?

<_<

Posted
This is not all doom and glom - Schwab knows the lie of the AFL landscape - and knows thye culture of the club...let's see how this plays out...

You would think he should. He has been central at Freo for many years and has achieved little. He has overseen 2 salary cap debacles (one at MFC and one at Freo). He left MFC in tatters. I note Eddie passed over him when he wanted a good CEO some years ago.

If it is true, its a concern that we are using the "current" Freo CEO with a dubious track record to mentor a supposed experienced and highly capable CEO at MFC that was recently appointed.

Posted
I don't know anything about George Savvides and this is nothing against him personally but if he's the CFO then surely he's the one responsible for the fine mess we're in at the moment i.e. at least two years of performing well below budget and this year staring at a $2m loss. How are we weakened by his resignation?

Valid point and a separate issue to the Schwab matter.

Posted
He left MFC in tatters. I note Eddie passed over him when he wanted a good CEO some years ago.

If it is true, its a concern that we are using the "current" Freo CEO with a dubious track record to mentor a supposed experienced and highly capable CEO at MFC that was recently appointed.

This is a job for......................................................................................................Brian Cook


Posted
He has been central at Freo for many years and has achieved little. He has overseen 2 salary cap debacles (one at MFC and one at Freo). He left MFC in tatters. I note Eddie passed over him when he wanted a good CEO some years ago.

If it is true, its a concern that we are using the "current" Freo CEO with a dubious track record to mentor a supposed experienced and highly capable CEO at MFC that was recently appointed.

When Schwab took over as CEO at Freo, they were a financial basket case. I think you'll find that he has turned their financial fortunes around.

Posted
You would think he should. He has been central at Freo for many years and has achieved little. He has overseen 2 salary cap debacles (one at MFC and one at Freo). He left MFC in tatters. I note Eddie passed over him when he wanted a good CEO some years ago.

If it is true, its a concern that we are using the "current" Freo CEO with a dubious track record to mentor a supposed experienced and highly capable CEO at MFC that was recently appointed.

So little in fact, that he's overseen a turnaround from an $8m debt (yes, $8m, that's more than half your club's current debt over again) to around $7m in the bank. Freo has also more than doubled their membership in his time and has more corporate sponsors than they know what to do with.

I was less than impressed when he was appointed, but his off-field record at Freo is second to none. I realise that it's very different running a club in Melbourne than it is in Perth, but I'm sure if you have both Connolly and Schwab on board they will do everything in their power to help turn your club around too.

Posted
So little in fact, that he's overseen a turnaround from an $8m debt (yes, $8m, that's more than half your club's current debt over again) to around $7m in the bank. Freo has also more than doubled their membership in his time and has more corporate sponsors than they know what to do with.

I was less than impressed when he was appointed, but his off-field record at Freo is second to none. I realise that it's very different running a club in Melbourne than it is in Perth, but I'm sure if you have both Connolly and Schwab on board they will do everything in their power to help turn your club around too.

Sounds like he might know what he's doing. With regard to salary cap issues are we saying that was all his idea. I think you'll find dirt on the hands of the board members at the time. Were they the same board who tried to merge us? Anyway, let's not go back there. I'm all for Schwab joining the team but wouldn't mind keeping McNamee on. He has some flair and knows the business's that sponsor sport so he may well be useful.

Posted

How about we all go get ourselves a beer..a wine.. a latte..or a chill pill. We dont really know ANYTHING. Other than Sawides is going and its been correctly highlighted that that in itself may NOT be such a bad thing !!

It was mentioned in the article that it was thought MasNamee might use some help/mentoring. All of a sudden he's being replaced. It all sounds a bit Mark Twain to me !!

Posted
When Schwab took over as CEO at Freo, they were a financial basket case. I think you'll find that he has turned their financial fortunes around.

How hard would that have been in two club town that is AFL mad?

He commenced there with a salary cap breach.

They are the most underperform side in the AFL over his tenure and they are an outfit that has a questionable overall club culture and lacks respect as chronic underachievers in the football world.

Posted

Is it me..or is there something very odd about all this.. I mean the story/reporting !! :huh:

Posted
The Jim Stynes administration is understood to be looking at Schwab as a consultant and possible mentor for the first-year CEO.

That's a little different to a replacement.

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