As co-major partners they have some issues:An Australian Football Club branches out into China playing several matches in Shanghai
- China accidentally releases a virus responsible for 7 million deaths worldwide.
After some difficulty securing Club Sponsorship the club rejoices when a Global Steel Tycoon comes to the rescue - Sanjeev Gupta loses 1.3 Billion Dollars & cripples an entire town.
Club President & Financial Guru takes up a role as Economic Director at a Market Comparison Company
- ACCC investigate the Company for not infact providing a fair "Market Comparison" only providing results from self owned companies & freezing out other competitors in the market.
You really couldn't make this shit up.
They should look to sell some games to Darwin..
The DARWIN Awards.
- KFC, owned in Australia by Collin’s Food (also have the horrid Taco Bell franchise rights) just had an underwhelming trading update to the market in recent days. I imagine will be looking at reining in discretionary expenditure
- GFG - how was this ever going to work? https://www.abc.net.au/news/2024-10-26/whyalla-steelworks-owner-not-giving-up/104506090
And those losses are mounting; the steelworks is continuing to haemorrhage money as workers try to revive its stricken coal-fired blast furnace, which has been offline for almost six months this year.
"The business is stressed; I'm not denying that Whyalla is losing money," Mr Gupta said.
Ps reminded me of a few years ago I analysed the major sponsors of both SA clubs
- Port Power - Oak Milk - a second rate milk consumer product selling a fraction of the local fave. Lasted a few short yrs.
- Crows - Toyota, worlds largest car company (sponsorship now for 30+ years), BHP, the worlds biggest mining company and largest ASX listed company and Singtel, Asias biggest telco company.
Spot the difference?