by klaan » Tue Jul 08, 2014 12:32 am
by sjt » Tue Jul 08, 2014 7:16 am
by johntheclaret » Tue Jul 08, 2014 9:44 am
klaan wrote:Clubs receive an extra $100,000 combined this year from AFC and PAFC, yet gaming revenue has dropped significantly and is affecting Clubs ability to post trading profits. I'm told at least half of the SANFL Clubs will still make losses in 2014.
The finances of the Clubs at the end of this year will show why they made the decisions they did. If they can't make money this year with an extra $100,000 in the coffers, how will they in the future?
by Rucciangelo » Tue Jul 08, 2014 9:48 am
johntheclaret wrote:klaan wrote:Clubs receive an extra $100,000 combined this year from AFC and PAFC, yet gaming revenue has dropped significantly and is affecting Clubs ability to post trading profits. I'm told at least half of the SANFL Clubs will still make losses in 2014.
The finances of the Clubs at the end of this year will show why they made the decisions they did. If they can't make money this year with an extra $100,000 in the coffers, how will they in the future?
Where do you get $100k from. Only the Crows are paying $50k. Which equates to about 330 members. Any need to go on?
by Mr Beefy » Tue Jul 08, 2014 9:50 am
johntheclaret wrote:klaan wrote:Clubs receive an extra $100,000 combined this year from AFC and PAFC, yet gaming revenue has dropped significantly and is affecting Clubs ability to post trading profits. I'm told at least half of the SANFL Clubs will still make losses in 2014.
The finances of the Clubs at the end of this year will show why they made the decisions they did. If they can't make money this year with an extra $100,000 in the coffers, how will they in the future?
Where do you get $100k from. Only the Crows are paying $50k. Which equates to about 330 members. Any need to go on?
The eight SANFL clubs without AFL alliances were each handed a $450,000 dividend.
This will increase to $550,000 this year with the payments from the Crows and Power for their SANFL entries
by RB » Tue Jul 08, 2014 10:36 am
klaan wrote:If they can't make money this year with an extra $100,000 in the coffers, how will they in the future?
by JK » Tue Jul 08, 2014 12:03 pm
by UK Fan » Tue Jul 08, 2014 11:18 pm
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by Grahaml » Wed Jul 09, 2014 12:53 pm
UK Fan wrote:I wonderif trigg took into account SANFL clubs losing revenue due to the afl reserves in his 18 months worth of research.
Especially now these Victorian owned entities want more revenue out of Adelaide Oval. Because a $7 million uplift in revenue for them obviously isnt enough .
by UK Fan » Wed Jul 09, 2014 4:58 pm
Grahaml wrote:UK Fan wrote:I wonderif trigg took into account SANFL clubs losing revenue due to the afl reserves in his 18 months worth of research.
Especially now these Victorian owned entities want more revenue out of Adelaide Oval. Because a $7 million uplift in revenue for them obviously isnt enough .
What's Trigg got to do with it? Not his comp and he didn't have a vote. He was looking after the interests of his own club, something 6 clubs failed (IMHO) to do.
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by Wedgie » Wed Jul 09, 2014 5:22 pm
Armchair expert wrote:Such a great club are Geelong
by Gozu » Wed Jul 09, 2014 5:34 pm
by UK Fan » Wed Jul 09, 2014 5:41 pm
Gozu wrote:I don't know the truth either way but I remember Rucci saying in one of his articles recently that pretty much all of the SANFL clubs have big debts and that was why they voted Crows into the comp.
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by Gozu » Wed Jul 09, 2014 5:45 pm
by smac » Wed Jul 09, 2014 5:48 pm
Wedgie wrote:Maybe he's still angry he missed out on Norths 1987 premiership, he was first reserve!
by areaman » Wed Jul 09, 2014 6:13 pm
Gozu wrote:I don't know the truth either way but I remember Rucci saying in one of his articles recently that pretty much all of the SANFL clubs have big debts and that was why they voted Crows into the comp.
by UK Fan » Wed Jul 09, 2014 6:19 pm
areaman wrote:Gozu wrote:I don't know the truth either way but I remember Rucci saying in one of his articles recently that pretty much all of the SANFL clubs have big debts and that was why they voted Crows into the comp.
I know one club was running the argument that sponsorship would dry up if Crows & Power took their reserves elsewhere.
I have no doubt this argument may have helped persuade some other clubs with struggling finances to vote YES.
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by UK Fan » Wed Jul 09, 2014 6:22 pm
Gozu wrote:Not debts in debt. He didn't say every club but that most of them are in debt.
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
by maxyoz » Wed Jul 09, 2014 6:33 pm
Punk Rooster wrote:I can't believe that a topic that is quite clearly trolling has elicited a 3 page response....
by UK Fan » Wed Jul 09, 2014 7:05 pm
maxyoz wrote:Agreed, all clubs would have debt.
But I reckon $600k in the red like Glenelg is not a great place to be.
How many clubs posted a profit in 2013?
fester69 wrote: I'm full of "pish and wind" !!You can call me weak !!
MW wrote: Well call me a special asshole!.
Booney wrote: I'm a happy clapper **** stick.
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