financial state of clubs

[gilson65]

can anybody tell me how financial all the clubs are in i've heard port sturt norwood and north are in a bit of financial strife

[am Bays]

Where's Dreb when you need him most.....

Gilly if you click on "2006 info" you'll see the profit and loss for each club last year.....

That'll give you a start on the info you require....

[Ian]

can anybody tell me how financial all the clubs are in i've heard port sturt norwood and north are in a bit of financial strife

North had record profits the last 2 years, with 2 business's doing well, I wouldn't have thought there would be too many worries.

[gilson65]

Where's Dreb when you need him most.....

Gilly if you click on "2006 info" you'll see the profit and loss for each club last year.....

That'll give you a start on the info you require....

yeah would have been good if i had opened my bloody eyes thanks mate

[Jimmy]

can anybody tell me how financial all the clubs are in i've heard port sturt norwood and north are in a bit of financial strife

North had record profits the last 2 years, with 2 business's doing well, I wouldn't have thought there would be too many worries.

well, he is a south fan, after last weekend, some have come out of the woodwork, so i guess he's a bit in the dark

[gilson65]

can anybody tell me how financial all the clubs are in i've heard port sturt norwood and north are in a bit of financial strife

North had record profits the last 2 years, with 2 business's doing well, I wouldn't have thought there would be too many worries.

well, he is a south fan, after last weekend, some have come out of the woodwork, so i guess he's a bit in the dark

been a south supporter for over 30 years my local club wears the same guernsey except instead of dark blue it is black with the sa on front a bit hard to really follow the club when i live in a another state but i always get mondays paper for results and check with a exellent invention called a computer

[MightyEagles]

Eagles are doing well in the $ department.

[MST]

Eagles are doing well in the $ department.

It's just the S (eptember) department they seem to struggle with.

[rod_rooster]

Eagles are doing well in the $ department.

It's just the S (eptember) department they seem to struggle with.

Actually i'd say they go alright in S (eptember) it is more O (ctober) that they have problems with. (doesn't work quite as nicely though)

Still i'd like my side to have to worry about playing in October.

[westies sarge]

westies are quite well off in the $$$ department actually south and westies are probably the richest clubs in the comp but don't hold me to that...

[westside]

can anybody tell me how financial all the clubs are in i've heard port sturt norwood and north are in a bit of financial strife

Norwood is asset rich cash poor. They own a premises on The Parade, but it doesn't return any revenue. The cash flow problem has been compounded because they're spending fist fulls on lawyers to gain a booze + gambling license for their new social venue.

Sturt is in the poo because their social club was losing cash for a while, and they're still yet to open their new venue. However, they've also bought a sublease on another pub, which should give them a revenue stream until the new premises (which they will own) is complete.

Port runs close to the red line because they're rorting the living crap out of the salary cap. So they say.

If North is in the poo, then we're in trouble

[JessicaRabbit69]

My understanding is that Norwood's in some serious strife. They're losing money hand over fist as this pokies saga continues.

[Punk Rooster]

the Cash Ladden/strapped Premiership Table...

Central District
Woodville-West Torrens
North Adelaide
West Adelaide
South Adelaide
Glenelg
Port
Norwood
Sturt

[JK]

The Legs will be okay in the long run, but our fans should brace themselves for a similar set of reports to last year

[CENTURION]

The Legs are up $hit creek as it was in yesterday's local paper that they are getting rid of the community club coz it ain't makin em any dosh. So all the old stagers that play snooker there have to go somewhere else now. $turt & Norwood really do need to..........amalgamate.

[JessicaRabbit69]

the Cash Ladden/strapped Premiership Table...

Central District
Woodville-West Torrens
North Adelaide
West Adelaide
South Adelaide
Glenelg
Port
Norwood
Sturt

At least there's some light at the end of the tunnel for Sturt (unlike Norwood).

[JK]

The Legs are up $hit creek as it was in yesterday's local paper that they are getting rid of the community club coz it ain't makin em any dosh. So all the old stagers that play snooker there have to go somewhere else now. $turt & Norwood really do need to..........amalgamate.

No wonder Cornesy hangs up on u lot

[JK]

At least there's some light at the end of the tunnel for Sturt (unlike Norwood).

And what do you base this on Ms69?

[JessicaRabbit69]

Everything I've heard - and read - suggests Norwood's pokie problems aren't any closer to being solved. And it's not as though the club's treading water waiting for a decision - it's going backwards because they are continuing to pay for the site even though it's not actually making them a cent.

[JK]

Depends who you listen to and what you read I suppose ... Don't get me wrong, the problems are significant and certainly sizeable, but I don't for a minute think there is no light at the end of the (lol long) tunnel ...