PAFC 2026

[Booney]

The Port Adelaide Football Club has secretly purchased 26 properties surrounding its Alberton home base in a $20 million investment which should financially future-proof the club for decades.

In one of the more ambitious and original projects undertaken by an Australian sporting club, the AFL has contributed $10 million to the project as one of the first financial plays coming from Andrew Dillon’s new competition investment fund.

A 20-member property trust, led by Port chairman David Koch and made up of two other directors of the club and a further 17 passionate Port Adelaide supporters, has contributed the remaining $10 million.

The highly confidential scheme began three years ago and only concluded in early February when the final local landowner agreed to sell, handing Port the last piece of a complex property puzzle.

The now financially transformed club, which faced a $12 million debt towards the end of the COVID-19 pandemic and negative net assets, will on Thursday at Port Adelaide’s annual general meeting announce $70 million worth of assets on their balance sheet.

Sitting five kilometres from the new AUKUS submarine program, the proposed precinct will boast a boulevard running through to Port Road and include a mix of residential, educational, sporting and medical facilities.

Koch said the move would transform the club’s assets over the next decade to an estimated $250-300 million.

Port will move immediately after the forthcoming South Australian state election to have the newly purchased 20,000 square metre package of land, including the club’s carpark, rezoned and redeveloped into a virtual new suburb.

[locky801]

The Port Adelaide Football Club has secretly purchased 26 properties surrounding its Alberton home base in a $20 million investment which should financially future-proof the club for decades.

In one of the more ambitious and original projects undertaken by an Australian sporting club, the AFL has contributed $10 million to the project as one of the first financial plays coming from Andrew Dillon’s new competition investment fund.

A 20-member property trust, led by Port chairman David Koch and made up of two other directors of the club and a further 17 passionate Port Adelaide supporters, has contributed the remaining $10 million.

The highly confidential scheme began three years ago and only concluded in early February when the final local landowner agreed to sell, handing Port the last piece of a complex property puzzle.

The now financially transformed club, which faced a $12 million debt towards the end of the COVID-19 pandemic and negative net assets, will on Thursday at Port Adelaide’s annual general meeting announce $70 million worth of assets on their balance sheet.

Sitting five kilometres from the new AUKUS submarine program, the proposed precinct will boast a boulevard running through to Port Road and include a mix of residential, educational, sporting and medical facilities.

Koch said the move would transform the club’s assets over the next decade to an estimated $250-300 million.

Port will move immediately after the forthcoming South Australian state election to have the newly purchased 20,000 square metre package of land, including the club’s carpark, rezoned and redeveloped into a virtual new suburb.

Finally the news has broken

[Lightning McQueen]

The Port Adelaide Football Club has secretly purchased 26 properties surrounding its Alberton home base in a $20 million investment which should financially future-proof the club for decades.

In one of the more ambitious and original projects undertaken by an Australian sporting club, the AFL has contributed $10 million to the project as one of the first financial plays coming from Andrew Dillon’s new competition investment fund.

A 20-member property trust, led by Port chairman David Koch and made up of two other directors of the club and a further 17 passionate Port Adelaide supporters, has contributed the remaining $10 million.

The highly confidential scheme began three years ago and only concluded in early February when the final local landowner agreed to sell, handing Port the last piece of a complex property puzzle.

The now financially transformed club, which faced a $12 million debt towards the end of the COVID-19 pandemic and negative net assets, will on Thursday at Port Adelaide’s annual general meeting announce $70 million worth of assets on their balance sheet.

Sitting five kilometres from the new AUKUS submarine program, the proposed precinct will boast a boulevard running through to Port Road and include a mix of residential, educational, sporting and medical facilities.

Koch said the move would transform the club’s assets over the next decade to an estimated $250-300 million.

Port will move immediately after the forthcoming South Australian state election to have the newly purchased 20,000 square metre package of land, including the club’s carpark, rezoned and redeveloped into a virtual new suburb.

How much did you have to put in?

[Armchair expert]

Words cannot express how disappointed I am

[Brodlach]

That’s a great thing for Port.

[whufc]

I mean its great for the club but.................

But like armchair I wanted something juicer, more intriguing, i feel so let down.

[wenchbarwer]

What's the new suburb's name?

And is the 5119 postcode already taken?

[Armchair expert]

What's the new suburb's name?

And is the 5119 postcode already taken?

Hinkleyton

[amber_fluid]

What's the new suburb's name?

And is the 5119 postcode already taken?

Hinkleyton

Kochtown

[amber_fluid]

I want to know what the final local landowner agreed to sell for?
Well played Sir/Madam

[am Bays]

As the missus says once a year, "Is that it?"....

[Brodlach]

Ebertville.

[Armchair expert]

[amber_fluid]

Ebertville.

They could rename Alberton to Eberton

[Booney]

I mean its great for the club but.................

But like armchair I wanted something juicer, more intriguing, i feel so let down.

It's only a $300m development.

Sorry.

[DOC]

I mean its great for the club but.................

But like armchair I wanted something juicer, more intriguing, i feel so let down.

It's only a $300m development.

Sorry.

Far from your house?

[Brodlach]

Without being a smart ass Booney, was this what you have been eluding to?

[wenchbarwer]

I mean its great for the club but.................

But like armchair I wanted something juicer, more intriguing, i feel so let down.

It's only a $300m development.

Sorry.

Far from your house?

He was the last holdout, getting his $$$ worth

[Booney]

I mean its great for the club but.................

But like armchair I wanted something juicer, more intriguing, i feel so let down.

It's only a $300m development.

Sorry.

Far from your house?

About 1200m.

[Booney]

Without being a smart ass Booney, was this what you have been eluding to?

Yes mate, it was.

Two property owners fought the good fight and held out even though offers were well above market value, Dale Kerrigan, if you like.

I threw it out last year when I did as the expectation was the plan had nearly fallen into place, obviously took longer than I expected.