2020 Financials

[gazzamagoo]

$550K operating profit for Glenelg

Football income down 800 K, Venue income down 500K, merchandise sales down 80K Government grants 1.4 M....

So, take off the handouts & you're down $850,000?

[am Bays]

$550K operating profit for Glenelg

Football income down 800 K, Venue income down 500K, merchandise sales down 80K Government grants 1.4 M....

So, take off the handouts & you're down $850,000?

I haven't included all the income and expenditure lines.

Our actual footy spend was down by about $700K.

I wouldn't take the information on here as Gospel, ever, especially under my moniker....

[arcadefire]

Reading the Eagles financials it states the 300k allocation from the SANFL for sale of AAMI was not paid in 2020...only 3 clubs received this amount which would be West and South...the 3rd i'm assuming maybe Glenelg...how does this work?...does this mean the other clubs have lost out on this amount...that is poor if that's the case..

[MannyK]

Norwood posted a $315000 net surplus which includes depreciation and write offs.

Oops please ignore. I was sent the previous year's minutes!

[am Bays]

Reading the Eagles financials it states the 300k allocation from the SANFL for sale of AAMI was not paid in 2020...only 3 clubs received this amount which would be West and South...the 3rd i'm assuming maybe Glenelg...how does this work?...does this mean the other clubs have lost out on this amount...that is poor if that's the case..

In our financial report it states that in 2019 we received $275 000 from the SANFL Land Divestment. In 2020 (-). Make of that what you will.

[Wedgie]

Same at North, 275k in 2019, 0 in 2020.
I know North also only received 50% of the usual SANFL distribution (375k) last year, I assume that would be the same for others.

[Dutchy]

Id suggest the SANFL held back the distributions in 2020 due to COVID impacting them hugely with less attendance at AO and the clubs getting thru COVID pretty well due to Job Keeper and no player payments.

[Spargo]

Reading the Eagles financials it states the 300k allocation from the SANFL for sale of AAMI was not paid in 2020...only 3 clubs received this amount which would be West and South...the 3rd i'm assuming maybe Glenelg...how does this work?...does this mean the other clubs have lost out on this amount...that is poor if that's the case..

In our financial report it states that in 2019 we received $275 000 from the SANFL Land Divestment. In 2020 (-). Make of that what you will.

I’ll make of it that you shouldn’t assume, maybe...