Financial Results
Posted: Fri Feb 07, 2020 7:27 pm
Anybody have the Financial results for the clubs. Have heard a few have made profits again which is great .
MannyK wrote:Here's Norwoods. Can never understand them.
https://norwoodfc.com.au/news/2019-financials/
Dutchy wrote:Best result in living memory at GFC...
Financial Summary for the 31 October 2019 Financial Statements:
The Consolidated Statutory Net Profit for the year ended 31 October 2019 for the Glenelg
Footballers’ Club (Venue) and the Glenelg Football Club (Football) was $447,050. The prime factors
were that of an improved Licensed Club result and the benefits across both Clubs for winning the
2019 SANFL Premiership. It is clearly the best consolidated outcome in recent years.
Dutchy wrote:Best result in living memory at GFC...
Financial Summary for the 31 October 2019 Financial Statements:
The Consolidated Statutory Net Profit for the year ended 31 October 2019 for the Glenelg
Footballers’ Club (Venue) and the Glenelg Football Club (Football) was $447,050. The prime factors
were that of an improved Licensed Club result and the benefits across both Clubs for winning the
2019 SANFL Premiership. It is clearly the best consolidated outcome in recent years.
Dutchy wrote:Best result in living memory at GFC...
Financial Summary for the 31 October 2019 Financial Statements:
The Consolidated Statutory Net Profit for the year ended 31 October 2019 for the Glenelg
Footballers’ Club (Venue) and the Glenelg Football Club (Football) was $447,050. The prime factors
were that of an improved Licensed Club result and the benefits across both Clubs for winning the
2019 SANFL Premiership. It is clearly the best consolidated outcome in recent years.
Brett wrote:That would be the first for awhile ?
Wedgie wrote:Deceptive as North got rid of another 120k debt.
Profit and loss statements mean stuff all these days unless you look a bit deeper.
Brett wrote:Dutchy wrote:Best result in living memory at GFC...
Financial Summary for the 31 October 2019 Financial Statements:
The Consolidated Statutory Net Profit for the year ended 31 October 2019 for the Glenelg
Footballers’ Club (Venue) and the Glenelg Football Club (Football) was $447,050. The prime factors
were that of an improved Licensed Club result and the benefits across both Clubs for winning the
2019 SANFL Premiership. It is clearly the best consolidated outcome in recent years.
Still carrying a lot of debt I hear and owing the Council a bit ?
Out of trouble though which is the main thing.
Dutchy wrote:Best result in living memory at GFC...
Financial Summary for the 31 October 2019 Financial Statements:
The Consolidated Statutory Net Profit for the year ended 31 October 2019 for the Glenelg
Footballers’ Club (Venue) and the Glenelg Football Club (Football) was $447,050. The prime factors
were that of an improved Licensed Club result and the benefits across both Clubs for winning the
2019 SANFL Premiership. It is clearly the best consolidated outcome in recent years.