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Posted

Judd's 'secret' pokies stake

So Judd has a secret investment in a poker machine business with a Carlton Board Member. It is undisclosed and he has actively tried to conceal it?

AFL to investigate their Golden Child again?? Don't hold your breath. Salary Cap breach? Oh, not us a Carltank we have learned our lesson..

They tried to spray Glen 20 on the Visy ambassador stench but it wouldn't go away. Will watch with interest what happens with this. Seems to have fallen foul of the Gaming authorities but not the AFL. What a joke.

With Free Agency coming in next year this should be a massive wake up for the AFL but watch while they do NOTHING.

  • Like 1

Posted

Reading the article this seems to be a private investment by JUDD and has nothing to with player payments from Carlton and thus nothing to do with the Carlton Salary Cap. It does however say something about JUDD and the lengths he will go he to manage and manipulate his public image. I would suggest if he is that concerned about his public persona then surely going to Carlton was a huge mistake in the first place.

Posted

What a beat up!

Clubs receive revenue for poker machines.

The AFL promotes Jamie from Sportsbet at every opportunity.

So what if Judd has an investment in poker machines? Big deal.

Severly misguided OP though

Posted

Really? A Carlton Director sets up a sham, secret side deal with one of the star players and you all believe there is no case for investigation on a salary cap breach? The issue isn't about poker machines per se but rather a shady 'inside' deal that could be seen as a another way of getting Judd $500k?

You must all be saints that think the best of people!

There is plenty of form there for Judd after the visy deal. And the 'sham' investigating of other clubs facilities for 4 months before 'deciding' to go to carlton.

Posted

You must all be saints that think the best of people!

Not at all... just believe this is a non issue. If there is something untoward going on, it will surface one way or another. I just can't see the point in getting worked up over something that will have no impact on our club.

The only reason the gaming authorities are up in arms is because stakeholders need to be disclosed in a public register. Judd gave his reasons for wanting to keep a low profile and it was mentioned that half the 500k came from a loan (ANZ bank) and half from his own income... who are we to condemn him for that? Edit: you will also notice that LoGiudice only became a director at Carlton in 2010 while this deal was done in 2009.

Besides, I'm not sure why you have made such a big deal of it as, by your own admission, you believe nothing will happen from an AFL standpoint regardless.

Posted

Really? A Carlton Director sets up a sham, secret side deal with one of the star players and you all believe there is no case for investigation on a salary cap breach? The issue isn't about poker machines per se but rather a shady 'inside' deal that could be seen as a another way of getting Judd $500k?

You must all be saints that think the best of people!

There is plenty of form there for Judd after the visy deal. And the 'sham' investigating of other clubs facilities for 4 months before 'deciding' to go to carlton.

A Carlton player and a director invest some of their own wealth in a private investment in poker machines which has nothing to with Club. Hardnut has provided some other facts. On what you have put forward this has nothing to do with the salary cap.

And you have clearly got an axe to grind over the Visydeal of 4 years ago. Wonderful imagination though. Good stuff.

Posted

Whether it was salary correlated would depend on whether the return on investment was within normal commercial values commensurate with the risk undertaken....or, whether Juddy was to receive a large windfall return for little risk.

Nothing so far has been indicated either way

Posted

OK I agree. Carlton have no form. Are squeaky clean in relation to salary cap breaches, directors deals, Chris Judd, Visy ...

Nothing to see here move on..

(oh and just because its on the paper doesn't mean everything is correct. There may be other pieces to this that have not been revealed. The fact they have tried (apparently) to conceal this makes it in my view worthy, at the very least, of investigation. Maybe it was a straightforward poker machine deal. But when gun footy players, directors and secret payments are concerned I just get a little suspicious)

Posted

OK I agree. Carlton have no form. Are squeaky clean in relation to salary cap breaches, directors deals, Chris Judd, Visy ...

Nothing to see here move on..

Judd had made a 500k investment into a business...250k of his own earnings, 250k on a loan (presumably to be paid for by him).

The only sleazy thing about this deal is that it has to do with poker machines.

From the look of things, any dividends that Judd would have received from this venture would have been in line with his investment.

What's the controversy...Good luck to him.

The AFL have shown negligence and gross hypocrisy in relation to C Judd - but this doesn't even make the dossier. A non-issue

Posted

OK I agree. Carlton have no form. Are squeaky clean in relation to salary cap breaches, directors deals, Chris Judd, Visy ...

Nothing to see here move on..

(oh and just because its on the paper doesn't mean everything is correct. There may be other pieces to this that have not been revealed. The fact they have tried (apparently) to conceal this makes it in my view worthy, at the very least, of investigation. Maybe it was a straightforward poker machine deal. But when gun footy players, directors and secret payments are concerned I just get a little suspicious)

As I said, the person you refer to was NOT a director at the time the deal was done.

Posted

Whatever the legalities, IMO it is a bit sleazy for a sportsman to get involved with the gaming industry in any way. Poor taste if nothing else.

Posted

Whatever the legalities, IMO it is a bit sleazy for a sportsman to get involved with the gaming industry in any way. Poor taste if nothing else.

Yeah, like Deesbet or whatever it was... not a good look imho.

Posted

Brown paper bags are sponsored by Visy.

Guest Jackie
Posted

Brown paper bags are sponsored by Visy.

Don't they make the paper for brown paper bags? In anycase their brown carboard boxes are perhaps more suitable for the amount of cash they deal with.

Posted

You can certainly argue about the ethical nature of gambling investments. However, the AFL in general is full of betting and gambling, and Melbourne is sponsored by Deesbet.

There's nothing illegal about investing in a gambling company. Thousands of Mum and Dad investors have shares in Tabcorp, for instance. Most would say it's a far better investment than gambling itself.

The only issue surrounding Judd is to do with public disclosure of the investment. The Victorian Commission for Gambling and Liquor Regulation keeps a public register of people who have investments in gaming, and there was a 'third-party' deal to keep Judd's name off the register, no doubt for PR purposes. The judgement handed down in the County Court on March 1 found no approval or consent for Judd's investment was ever sought from the commission.

If anyone wants to tie it in with Visy, salary caps and brown paper bags, they're barking up the wrong tree.

Posted

Nothing in it here. One director sets him up with a dodgy environmental ambassador role that pays out way beyond its worth and one sets him up with an investment that he's not too keen on disclosing.

Nothing there. Look away.

Posted

Nothing in it here. One director sets him up with a dodgy environmental ambassador role that pays out way beyond its worth and one sets him up with an investment that he's not too keen on disclosing.

Nothing there. Look away.

Jeeeeesus!!! How many times does it need to be said... the person you are alluding to WAS NOT a director until 2010... the deal was done in 2009!!

So you are correct... absolutely nothing here!!

Posted

How is a director setting him up in a lucrative business when he obviously wouldnt do it if Judd played for Essendon ect

It is like players who got in trouble for being gifted cheap land and homes in the early 2000's i think

The issue comes in where a player wouldnt recieve such opportunities if they didnt play for a particular club, it could be any supporter but it is a director.....

I think it stinks

Posted

Jeeeeesus!!! How many times does it need to be said... the person you are alluding to WAS NOT a director until 2010... the deal was done in 2009!!

So you are correct... absolutely nothing here!!

Doesnt matter if they are a director or a supporter, it is an opportunity he only receives due to his footballing abilities, and club he plays for.

Posted

Doesnt matter if they are a director or a supporter, it is an opportunity he only receives due to his footballing abilities, and club he plays for.

So? The point in all of this is that the OP is insinuating there are shady dealings going on when it is patently obvious to even Blind Freddy and his dog that this is not the case.

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