The AC 37 has started, news and rumours

[sailman]

Is this a serious question?

It's not just a regatta- they have a little more to cover than a few rounds of drinks for the RC staff, and setting up a drink tent. 

Mark/Committee Boats

RC and PC

Dockage and compounds are not part of race management.

That's what it takes to run the regatta.  Course management of spectators is either hiring local LEO or some other organization.

Media rights and that organization is not an expense it is revenue.

 

[Sailbydate]

ETNZ profit margin

Do tell. 35% gross. 7.5 net? This I gotta hear.

 

[Gissie]

Better would be to say Ineos would take on all responsibility for holding it in AKL: organising, paying, sorting broadcast rights etc. Would allow GD to concentrate just on team

Isn't that what the Kiwi government offered, except with the team doing the running and creative accounting?

 

[atwinda]

Mark/Committee Boats

RC and PC

Dockage and compounds are not part of race management.

That's what it takes to run the regatta.  Course management of spectators is either hiring local LEO or some other organization.

Media rights and that organization is not an expense it is revenue.

Sounds like you should call up ETNZ and let them you've figured out how to run the America's Cup regatta. Do report back and let is know their response.

 

[dg_sailingfan]

In a Radio Interview with Mike Hosking (this Morning NZ Time) TNZ CEO Grant Dalton said that they are moving as fast as they can to name a Venue for AC37 but mentions that after Alinghi won in 2003 (Final Race was on the 2nd of March 2003) the new Venue Valencia for AC32 wasn't named until November 27th 2003 so it may take some time! Dalton said quote "We are just 6 months into this Host Bidding Process, 3 months of it with exclusiv NZ Hosting Period, so it will take some time". 

 

[Kate short for Bob]

Isn't that what the Kiwi government offered, except with the team doing the running and creative accounting?

Are you a token Kiwi?  Gained entry via a ship recently?

 

[sailman]

Sounds like you should call up ETNZ and let them you've figured out how to run the America's Cup regatta. Do report back and let is know their response.

ETNZ taking on all the extraneous stuff is just padding their bottom line.   Push all the hype to the side, this is a regatta.  

 

[Forourselves]

@Stingray~ is conspicuous by his absence lol

 

[accnick]

@Stingray~ is conspicuous by his absence lol

Maybe you should try joining him in that regard.

 

[enigmatically2]

Do tell. 35% gross. 7.5 net? This I gotta hear.

I have no idea. But isn't TNZ a company with shareholders. So can declare a dividend? In the UK we can see basic accounts info. Can you do that in NZ?

 

[Forourselves]

Maybe you should try joining him in that regard.

Don’t be so deceitful, underhanded and despicable lol

 

[enigmatically2]

Isn't that what the Kiwi government offered, except with the team doing the running and creative accounting?

I thought they offered much more than the event needs, so quite a lot for TNZ campaign, just not enough

 

[dg_sailingfan]

Some History on America's Cup Hosting Processes when it's a Multi-Challenger Event:

Final Race AC31: 2nd of March 2003
Venue named for AC32: November 27th 2003

Final Race AC33 (DoG Match): February 14th 2010
Joint Press Conference between GGYC & Club Nautico di Roma: May 6th 2010
AC34 Protocol Announcement: September 13th 2010 [AC34 Protocol stipulated that AC34 Venue to be announced before or on December 31st 2010]
Venue named for AC34: December 31st 2010

Final Race AC34: September 25th 2013
AC35 Protocol Announcement: 3rd June 2014
AC35 Venue Announcement: 2nd December 2014

Final Race AC35: 26th June 2017
AC36 Protocol Announcement: September 26th 2017
AC36 Venue Announcement & Dates: 30 August 2018

OTUSA took over a year to announce the Venue for AC35 so give Grant Dalton, COO Kevin Shoebridge & Legal Advisor Russell Green some slack please.

 

[Stingray~]

Dalton has repeatedly said "It's a business."

Well.. since businesses by nature try to maximize profits, then for what reason besides profit should we ascribe GD's persistent rejection of Auckland as a venue? MD's approach was a big threat to that goal and GD went ballistic. "Everyone is trying to get me, ghosts like Bertarelli and LE, now MD, everyone!' Lmao

As Sir James Farmer pointed out recently, there actually is a difference between what ETNZ needs versus what they may want. If the $80M was the need, then why not hold it in Auckland? Again?

 

[Stingray~]

A radio/audio segment from in NZ. Worships GD and hopes Cork is where it goes.

Newshub’s Tom McRae (23/9/21) - Whooshkaa

 

[Forourselves]

Dalton has repeatedly said "It's a business."

Well.. since businesses by nature try to maximize profits, then for what reason besides profit should we ascribe GD's persistent rejection of Auckland as a venue? MD's approach was a big threat to that goal and GD went ballistic. "Everyone is trying to get me, ghosts like Bertarelli and LE, now MD, everyone!' Lmao

As Sir James Farmer pointed out recently, there actually is a difference between what ETNZ needs versus what they may want. If the $80M was the need, then why not hold it in Auckland? Again?

GD knows better than anyone what it takes to win and successfully defend the AC. He went “Ballistic” because rogue members of the RNZYS (Dunphy and Dr Hamish Ross) were attempting to undermine the venue process and disqualify the CoR so that a new protocol could be negotiated that would suit their own agenda.

 

[NeedAClew]

Mark/Committee Boats

RC and PC

Dockage and compounds are not part of race management.

That's what it takes to run the regatta.  Course management of spectators is either hiring local LEO or some other organization.

Media rights and that organization is not an expense it is revenue.

If they only do that at one venue for challenger selection and the Cup, that would be a lot cheaper than a circus of pre -events, the AC40 circuses for women and utes and what have you. 

 

[Stingray~]

I thought they offered much more than the event needs, so quite a lot for TNZ campaign, just not enough

If you, as is perfectly natural to, 'follow the money' when it comes to what GD says is 'a business' then yes, 'just not enough' for his preference.. GD has been actively resisting any and all Auckland offers from the get-go, he probably thinks (as the holder of the Chalice) there are vastly greater riches to be made elsewhere out of it. 

I think it remains possible that despite GD's email evidence (which was part of the attempt to keep the Cup Defense in Auckland, obviously) and so his ability to do a Monty Python "See, He's a Witch!!!" routine, they still have no f'ing venue. Is it smart to be so actively attacking the locals, the ones offering to chip in, burning bridges, if Auckland with its already-built infrastructure ends up the best option left?

Besides all that, this thing could end up in court if he tries to take it offshore (local or maybe even in NYSC, since even 'standing' could take a time to sort) and regardless the case merits it would put a massive time-delay/fiasco into the whole show. Including into the supposed venue negotiation possibilities.

With guys like Farmer involved, it just looks like GD may not be quite as impregnable as what he comes across as. While GD says he is done dealing with KiwiHomeDefence, this may not be over. 

 

[Forourselves]

If you, as is perfectly natural to, 'follow the money' when it comes to what GD says is 'a business' then yes, 'just not enough' for his preference.. GD has been actively resisting any and all Auckland offers from the get-go, he probably thinks (as the holder of the Chalice) there are vastly greater riches to be made elsewhere out of it. 

I think it remains possible that despite GD's email evidence (which was part of the attempt to keep the Cup Defense in Auckland, obviously) and so his ability to do a Monty Python "See, He's a Witch!!!" routine, they still have no f'ing venue. Is it smart to be so actively attacking the locals, the ones offering to chip in, if Auckland with its already-built infrastructure ends up the best option left?

Besides all that, this thing could end up in court if he tries to take it offshore (local or maybe even in NYSC) and regardless the merits it would put a massive time-delay/fiasco into the whole show. Including into the supposed venue possibilities.

Hahahaha deflect deflect deflect lol

 

[accnick]

If you, as is perfectly natural to, 'follow the money' when it comes to what GD says is 'a business' then yes, 'just not enough' for his preference.. GD has been actively resisting any and all Auckland offers from the get-go, he probably thinks (as the holder of the Chalice) there are vastly greater riches to be made elsewhere out of it. 

I think it remains possible that despite GD's email evidence (which was part of the attempt to keep the Cup Defense in Auckland, obviously) and so his ability to do a Monty Python "See, He's a Witch!!!" routine, they still have no f'ing venue. Is it smart to be so actively attacking the locals, the ones offering to chip in, if Auckland with its already-built infrastructure ends up the best option left?

Besides all that, this thing could end up in court if he tries to take it offshore (local or maybe even in NYSC) and regardless the merits it would put a massive time-delay/fiasco into the whole show. Including into the supposed venue possibilities.

The precedent has already been set in 2007 (and by extension, 2010), as well as 2017, for “offshoring” the event. That horse has probably left the barn.

How is it supposed to “end up in court” now?