EnergyWatch Sponsorship Cancelled

[Redleg 40,442]

Also I was at the meet the coaches lunch last year and happened to sit next to the guy from Kaspersky who told me

when asked that they probably wouldn't be sponsoring the club this year, he said they hadn't heard back from the

club and that they were impossible to deal with.

If true, that is very worrying. I would actually raise that with the Director on the Board in charge of marketing. That should be investigated, because if true we have a serious problem.

[Rhino Richards 1,467]

If true, that is very worrying. I would actually raise that with the Director on the Board in charge of marketing. That should be investigated, because if true we have a serious problem.

Agree. You would hope that the poster raised this issue with the Club including issues why MFC were "impossible" to deal with. If not, the issue is potentially signifcant and this really is not the suitable platform for dealing with this.

[kallangurdemon 550]

We sacked Energy Watch allegedly because of the (private )racial rantings of Polis .Energy Watch in turn sacked him also for reportedly the same reasons, clearing what you would would believe is the obstacle to reinstating the sponsorship.Is it the case that we would have terminated the sponsorship irrespective of the Polis racial outpouring because Energy Watch couldnt/would'nt meet its sponsorship obligations ? If this is the position perhaps our moral highground is actually a bit flat .

[Guest Jose Murinho]

We sacked Energy Watch allegedly because of the (private )racial rantings of Polis .Energy Watch in turn sacked him also for reportedly the same reasons, clearing what you would would believe is the obstacle to reinstating the sponsorship.Is it the case that we would have terminated the sponsorship irrespective of the Polis racial outpouring because Energy Watch couldnt/would'nt meet its sponsorship obligations ? If this is the position perhaps our moral highground is actually a bit flat .

I reckon we did the right thing since he is still founder and majority shareholder.

The resignation is symbolic only. Also, many other sponsors would have not wanted to be associated with MFC if we retained them as sponsor, technicalities notwithstanding, so the search for a BOJ sponsor would have become that much harder, not to mention the damage to our rep in searching for future sponsors.

[Sir Why You Little 36,760]

I reckon we did the right thing since he is still founder and majority shareholder.

The resignation is symbolic only. Also, many other sponsors would have not wanted to be associated with MFC if we retained them as sponsor, technicalities notwithstanding, so the search for a BOJ sponsor would have become that much harder, not to mention the damage to our rep in searching for future sponsors.

Yes. The continuation of a partnership with EW was untenible. The damage was done whether Polis stepped down or not. EW was his baby. In Politics the term is "sh!t sticks" no matter how long you wash.

The right course was taken last week.

[Sir Why You Little 36,760]

Yet we happily got into bed with this guy ...

I don't feel well at all after seeing that Range! What have we done???

[Biffen 12,937]

The fact that we are having troubles does not make us weak .

It's how we manage to deal with them that counts.

I'm thinking that like the TS disaster , we may be able to turn a negative into a win .

We can get the promised money from EW and end their sponsorship (as we have done) through the courts .

This leaves us open to more sponsor money coming in.

[Sir Why You Little 36,760]

The fact that we are having troubles does not make us weak .

It's how we manage to deal with them that counts.

I'm thinking that like the TS disaster , we may be able to turn a negative into a win .

We can get the promised money from EW and end their sponsorship (as we have done) through the courts .

This leaves us open to more sponsor money coming in.

If infact EW has any real money. I still can't work out their revenue streams, which i tried to find last year. He has a long track record of going bust and walking.

Just like the ABC show from 2 years ago "Very Small Business" which was a quiet gem.

[Striker475 696]

If infact EW has any real money. I still can't work out their revenue streams, which i tried to find last year. He has a long track record of going bust and walking.

Just like the ABC show from 2 years ago "Very Small Business" which was a quiet gem.

His revenue streams *were* from those companies which made deals with him to advertise their power rates through the EnergyWatch comparison service. They did not compare all companies, and thus part of EnergyWatch's appeal - and thus, its appeal to those power companies making deals with Polis - was its high public profile through its sponsorships and heavy advertising campaigns.

Now that its public perception has gone to [censored], I expect that the company will go bust shortly.

[Sir Why You Little 36,760]

His revenue streams *were* from those companies which made deals with him to advertise their power rates through the EnergyWatch comparison service. They did not compare all companies, and thus part of EnergyWatch's appeal - and thus, its appeal to those power companies making deals with Polis - was its high public profile through its sponsorships and heavy advertising campaigns.

Now that its public perception has gone to [censored], I expect that the company will go bust shortly.

Fairly shallow company isn't it, particulairly when the owner/CEO decide to air their feelings on the world through a FB page that can be read & photagraphed by anyone who befriends the page. To run a company like that you must be quiet and listen. To Polis it has all been fun & games thus far. Game Over.

[Jesse Christ 2,884]

So what do we do with our EW logos on the back of our tops on Saturday?

[Sir Why You Little 36,760]

So what do we do with our EW logos on the back of our tops on Saturday?

Wear a Jacket over it....Show the REACH Logo with pride.

[Striker475 696]

So what do we do with our EW logos on the back of our tops on Saturday?

I'll ring the shop tomorrow, find out if they will have iron-overs available. If not, black duct-tape for me.

[Dee Fan 3,247]

It just keeps on getting worse.

http://www.theage.com.au/victoria/disgraced-ceo-faces-phoenix-company-claim-20120410-1wn14.html

How in God's name did we get sucked in to this deal, it's shameful that we didn't check this clown first.

I noticed the name Red Energy pops up in this article, correct me if I'm wrong but wasn't that company connected to us by sponsorship as well?

[Range Rover 1,935]

It just keeps on getting worse.

http://www.theage.co...0410-1wn14.html

How in God's name did we get sucked in to this deal, it's shameful that we didn't check this clown first.

I noticed the name Red Energy pops up in this article, correct me if I'm wrong but wasn't that company connected to us by sponsorship as well?

Cameron Schwab must resign immediately.

I don't care what other sporting organizations did. We should be better than them. I hate that excuse.

We're supposedly now all about elite performance. This should apply to the top brass as much as it should apply to coaches and players.

We did the right thing bringing in an outsider in Neeld to radically change the culture of the place. Same must now go for head office.

Cameron ... if you love the club as much as you portray yourself to ... do the honorable thing and tender your resignation.

Edited April 10, 2012 by Range Rover

[hardtack 10,441]

Cameron Schwab must resign immediately.

I don't care what other sporting organizations did. We should be better than them. I hate that excuse.

We're supposedly now all about elite performance. This should apply to the top brass as much as it should apply to coaches and players.

We did the right thing bringing in an outsider in Neeld to radically change the culture of the place. Same must now go for head office.

Cameron ... if you love the club as much as you portray yourself to ... do the honorable thing and tender your resignation.

Now I know very little relating to how businesses run, but I would have thought that the fact ASIC sat on this for so long without doing anything, and the fact that major Energy companies who I would imagine stood to lose a lot more than the MFC became involved with Energy Watch, would indicate that no amount of "due dilligence" around a potential sponsor, would have turned up enough for the club to shy away from such a sponsorship arrangement.

[sue 9,070]

Cameron Schwab must resign immediately.

I don't care what other sporting organizations did. We should be better than them. I hate that excuse.

We're supposedly now all about elite performance. This should apply to the top brass as much as it should apply to coaches and players.

We did the right thing bringing in an outsider in Neeld to radically change the culture of the place. Same must now go for head office.

Cameron ... if you love the club as much as you portray yourself to ... do the honorable thing and tender your resignation.

We don't know what happened internally at MFC, so how can you say he must resign? For example, let us concede that reasonable diligence would have shown that EW was dodgey and its founder a racist idiot. How do you know that Schwab didn't put all that to the Board but it was concluded by the Board that the potential cash was worth the risk. Why aren't you calling for the entire Board to be shot? Or only those who voted in favour of it. Because you don't know what really went on, but you are happy to call for Schwab's head.

[Dee Fan 3,247]

We don't know what happened internally at MFC, so how can you say he must resign? For example, let us concede that reasonable diligence would have shown that EW was dodgey and its founder a racist idiot. How do you know that Schwab didn't put all that to the Board but it was concluded by the Board that the potential cash was worth the risk. Why aren't you calling for the entire Board to be shot? Or only those who voted in favour of it. Because you don't know what really went on, but you are happy to call for Schwab's head.

Are you the scenario Queen of Demonland? Let's not make up stories lets just go on the facts we have. Why would we factor in your above scenario, if it's just a figment of your over imaginative mind?

Answer this; do you really believe the board would have sanctioned the sponsorship if they were given the whole story about Polis?

[diesel 420]

Cameron Schwab must resign immediately.

He won't have to unless he can come up with his FOJ sponsor and a new BOJ sponsor. Contract is up at the end of the year and must be in doubt. I think CS has some great qualities and feel for the MFC but this incident looks like it could be fatal.

[rpfc 28,084]

I don't think this is the best time to remove Cameron, but as I said a few months ago, I wouldn't be surprised if the board looks in a different direction and doesn't renew his contract.

He is going to need a big 6 months.

[The Chazz 4,077]

Re the budget situation now:

I can understand why the club is reluctant to draw down any of the 'standard' cash top-ups coming our way from the AFL because of the current shortfall.

But I can't understand why the AFL doesn't have a separate contingency fund to support the club for doing the ethical thing. The Demons actions also protected and enhanced the AFL's reputation overall. Why not make a special grant to tide us over?

Sue - why would/should the AFL support us for "doing the ethical thing"? we were involved in a bad business deal, that's our tough luck and we have to learn from it. I think the AFL would do the same to all Clubs.

I would be shocked if there aren't companies out there that can see the massive good publicity they will get by aligning to the MFC at this time. The club is down, but still leading the way in standing for what is right over financial gain. A few new sponsors and a few wins will turn everything around.

In breaking news, the MFC were set to announce a multi million dallar sponsor in the aftermath of recenet events, however this sponsor has pulled the deal and in turn thought it would be in their best interest from a publicity point of view to sponsor Matthew Newton instead.

Now I know very little relating to how businesses run, but I would have thought that the fact ASIC sat on this for so long without doing anything, and the fact that major Energy companies who I would imagine stood to lose a lot more than the MFC became involved with Energy Watch, would indicate that no amount of "due dilligence" around a potential sponsor, would have turned up enough for the club to shy away from such a sponsorship arrangement.

Didn't someone post last year about an article on the ASIC website regarding Energy Watch re. owing money or something? Perhaps some of the elephants on here (ie the ones that don't forget), can help out a goldfish like me and retrace the link? Cheers.

[Axis of Bob 11,362]

We don't know what happened internally at MFC, so how can you say he must resign?

Exactly.

The fool doth think he is wise, but the wise man knows himself to be a fool.

[Tricky 341]

Didn't someone post last year about an article on the ASIC website regarding Energy Watch re. owing money or something? Perhaps some of the elephants on here (ie the ones that don't forget), can help out a goldfish like me and retrace the link? Cheers.

Think it was these (and this thread generally)

http://demonland.com/forums/index.php?/topic/28068-energy-watch-6-million-sponsorship/page__st__40__p__476539#entry476539

http://demonland.com/forums/index.php?/topic/28068-energy-watch-6-million-sponsorship/page__st__80__p__476693#entry476693

[Straight Sets Simon 23,113]

Our track record with sponsors in recent years:

• Hankook: Club supporters who approached the club in a time of need, reportedly left the club on bad terms.
  
• Kaspersky: Club supporter gets company he works for to sponsor the club in a time of need, reportedly left the club on bad terms.
  
• EnergyWatch: Record sponsorship deal announced on August 26, on August 27 the ABC reports EnergyWatch being investigated by the ACCC for "deceptive conduct". Racist Facebook rants lead to dunping of EnergyWatch and further investigations show poor past business operations in the past by Polis.
  

EDIT: Typo.

Edited April 11, 2012 by Clint Bizkit

[The Chazz 4,077]

Think it was these (and this thread generally)

http://demonland.com...539#entry476539

http://demonland.com...693#entry476693

Cheers Tricky, was exactly the thread. Page 3 of the thread covers some of the concerns...