am Bays wrote:Macca19 wrote:Port Adelaide generates 12 million in revenue which goes directly into the SANFLs coffers on a yearly basis. This is money the club generates, the SANFL just opens its stadium. This is money that goes direct to the SANFL, Port get none of it. Feel free to explain how given this, and given that BOTH the states AFL clubs are combined 7 million behind in stadium return compared to the rest of the league, how the Power returns nothing to the SANFL.
The money the SANFL has given the PAFC is just money it has made by playing games at Footy Park. Its money the club would have kept for itself, if playing at any other ground in any other state in the country.
These are facts stated by Whicker himself. So again, feel free to explain who is propping up whom here. Im not expecting any sympathy here, given its an SANFL site and all, but most people should be able to realise that the deal between the SANFL and the Crows and the Power is seriously ****** up. The fact that the Crows are $2.4 million behind the rest of the league despite selling out the ground every week for the past 10 years, shows which out of the SANFL and the AFL clubs is propping up who.
Correct me if I'm wrong but wasn't the funding model for the Crows ad Port Power changed in the early 2000s from one where they returned a part of their profit to the SANFL (80%) IIRC but had cheaper costs at the the stadium to one where they kept their more of their end of year return but had increased cost at the Footy Park??
If my memoery is correct isn't this stadium deal the AFL clubs own making??
The end of year dividend is completely seperate to the stadium deal. You are correct that up to 2000 or so, the clubs gave 80% of their profits to the SANFL for the end of year dividend. Now, they pay a set fee on a yearly basis regardless of profit or loss (i think the Crows pay $550k and Port pay $360k, or thereabouts). I dont think the stadium deal was any part of this.
Obviously though, times change. What may have been ok or workable 10 years ago, obviously isnt now, for both clubs.