Not happy!
A full Penn Family ownership is what Zorba had lobbied for initially.
As they did not want to put in enough monies, it fell through and the Delmege setup was initiated. Karma re Zorba's redundancy was ironic to me.
Common theme seems to be that Penn wants everyone's financial input, but have autonomy for decisions.
IMO if the FC is not involved, Manly will be relocated, as Penn is on record for Corporate facilities being a major financial injection into HIS Club.
The article clearly states that Delmege did not sell his ownership, rather, Quantum bought shares in Surfside, the holder of said shares. Pity that yet another co-Owner is being shafted by Penn.
Having a single owner of a Community Football Club does not necessarily mean that the Board's decision will please the Coach, Staff, Players or Supporters. A sole owner, could liquidate or merge to make the Business return what they accept.
As a Gold Member I just love watching the Manly style of play. I could not attend any Northern Eagles games for this reason. And I fear that I may not have my beloved Sea Eagles for much longer with these constant ownership machinations.
Not happy!