SANFL Club Finances

[Booney]

Ahhhh Wayne and Cathie Peters, The Good Guys!

[Wedgie]

North's rocked up in email tonight, looks like another lazy 300k profit.

[robranisgod]

North's rocked up in email tonight, looks like another lazy 300k profit.

And yet we still don't look like winning a flag. In our first hundred years we never had any money yet were generally very competitive on the field and won one or two flags every decade giving us 13 flags overall. In the last decade or so we have been making money hand over fist and yet had no success on the field.

[Wedgie]

North's rocked up in email tonight, looks like another lazy 300k profit.

And yet we still don't look like winning a flag. In our first hundred years we never had any money yet were generally very competitive on the field and won one or two flags every decade giving us 13 flags overall. In the last decade or so we have been making money hand over fist and yet had no success on the field.

God bless the salary cap that keeps poorly run clubs competitive.

[Jim05]

North's rocked up in email tonight, looks like another lazy 300k profit.

And yet we still don't look like winning a flag. In our first hundred years we never had any money yet were generally very competitive on the field and won one or two flags every decade giving us 13 flags overall. In the last decade or so we have been making money hand over fist and yet had no success on the field.

God bless the salary cap that keeps poorly run clubs competitive.

What is this cap you speak of?

[dedja]

[Wedgie]

Good sense of humour Jim, I like it!

[Wedgie]

North's rocked up in email tonight, looks like another lazy 300k profit.

$312,972 to be exact.
Revenue increased (11.4 mill in total) and expenses were cut.
Also other good things to report such as the official NAFC website being the most popular in the SANFL and receiving up to ten times as many visits per year than some other SANFL clubs.
Downsides (besides onfield results):
Slight membership decrease.
My ugly mug was in 3 photos in the annual report.


Stick that in your usual derogatory newspaper column Studley!

[Mic]

North's rocked up in email tonight, looks like another lazy 300k profit.

$312,972 to be exact.
Revenue increased (11.4 mill in total) and expenses were cut.
Also other good things to report such as the official NAFC website being the most popular in the SANFL and receiving up to ten times as many visits per year than some other SANFL clubs.
Downsides (besides onfield results):
Slight membership decrease.
My ugly mug was in 3 photos in the annual report.


Stick that in your usual derogatory newspaper column Studley!

No mention of the heavy losses of integrity though.

[dedja]

You want success, profitability and integrity ... all together?

Can't be done.

[PatowalongaPirate]

North's rocked up in email tonight, looks like another lazy 300k profit.

$312,972 to be exact.
Revenue increased (11.4 mill in total) and expenses were cut.
Also other good things to report such as the official NAFC website being the most popular in the SANFL and receiving up to ten times as many visits per year than some other SANFL clubs.
Downsides (besides onfield results):
Slight membership decrease.
My ugly mug was in 3 photos in the annual report.


Stick that in your usual derogatory newspaper column Studley!

Do these figures include revenue from the RSL? I would imagine they make a tidy profit on game days

[Wedgie]

North's rocked up in email tonight, looks like another lazy 300k profit.

$312,972 to be exact.
Revenue increased (11.4 mill in total) and expenses were cut.
Also other good things to report such as the official NAFC website being the most popular in the SANFL and receiving up to ten times as many visits per year than some other SANFL clubs.
Downsides (besides onfield results):
Slight membership decrease.
My ugly mug was in 3 photos in the annual report.


Stick that in your usual derogatory newspaper column Studley!

Do these figures include revenue from the RSL? I would imagine they make a tidy profit on game days

Nah mate, would be a one million dollar profit then

[knowledge]

SFC $319,000 surplus. Just released in member's update.

[Dutchy]

Blue skies ahead at Unley
Blues back in the black.
Following some tough years on the financial front, the Sturt Football Club is proud to announce its on-field revival is being matched by major improvements to the club’s financial position. Significant reductions in expenses – combined with improved venue management, steady membership, sponsorship and fundraising – underpin an impressive improvement in the club’s financial position in the year to October 31, 2014.
General Manager Sue Dewing said Sturt’s Financial Report shows a healthy surplus from the consolidated losses incurred by the Club to approximately $319,000 – a major turnaround following some well-publicised losses in recent years.
“While we’re not out of the woods yet, the report demonstrates that the Sturt Football Club is moving steadily towards a confident and sustainable future,” Ms Dewing said.
“Our improved financial position is due to the hardworking Board, employees and volunteers, committed supporters, and generous sponsors and benefactors. Ms. Dewing is however quick to point out that the impressive results do not mean that the club can now relax its commitment to financial improvement. “The obligation to the bank and remedying our balance sheet remains the priority. The hardwork will count for nothing if we, as a club, fail to address these issues. There is still much to do and a way to go”.
Sturt President Jason Kilic said getting the club back in the black is a big shot in the arm for everyone involved with the Double Blues and that the ‘Debt Demolition’ campaign is delivering results.
“This result will give every Sturt person more confidence about our future, from our fans on the hill, right through to the players sweating it out at training under Seamus,” Mr Kilic said. “It’s no secret our club has faced some tough financial challenges in recent years, but with the continuing support of our sponsors and fans, the future is very bright at Unley.”

[Dogwatcher]

Well done, Sturt.
Very disappointing the report didn't include the major role the Adelaide Crows played in saving the club and the competition.

[Booney]

Even good news attracts criticism.

Good for Sturt, many people would have worked hard for that result. Good on them.

[Dogwatcher]

It's not criticism.

The first sentence was a genuine, "well done".

The second sentence was sarcasm.

[dedja]

That's an awesome effort, well done Sturt.

[JK]

Yep, very well done Bluebaggers

[StrayDog]

Even good news attracts criticism.

It's not criticism.

The first sentence was a genuine, "well done".

The second sentence was sarcasm.

Now now, DW, no need to complicate things - even keeping your praise measured attracts criticism.

Anyway, Blues with their heads above the waterline, good news for them and something to build on.