Port Adelaide 2022

[Lightning McQueen]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

We build up to that one mate.

[MW]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

They're building up the "backs against the wall" narrative early this year...

[Booney]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

Free hit at an experienced SANFL player.

[Lightning McQueen]

Free hit at an experienced SANFL player.

Must be February hey @Booney? Even the Crows and Roos fans are up and about.

At least we wait until September to lose hope.

[Booney]

Free hit at an experienced SANFL player.

Must be February hey @Booney? Even the Crows and Roos fans are up and about.

At least we wait until September to lose hope.

Crows fans are interesting ones, fascinating viewing.

[Brodlach]

Free hit at an experienced SANFL player.

Must be February hey @Booney? Even the Crows and Roos fans are up and about.

At least we wait until September to lose hope.

Crows fans are interesting ones, fascinating viewing.

Hey I resemble that

[amber_fluid]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

They’ve already pencilled him in as the marquee player/captain for the magpies next year

[whufc]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

Wouldn't be in their best 22 but we know 22 players don't win premierships.

Is that 3 they now have going for pre season surgery.....how does that compare to other clubs?

[whufc]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

They're building up the "backs against the wall" narrative early this year...

Embrace the Expectation is the company line this year.

You wont hear anyone from the club go against that line for 2022.

[amber_fluid]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

They're building up the "backs against the wall" narrative early this year...

Embrace the Expectation is the company line this year.

You wont hear anyone from the club go against that line for 2022.

Nothing can replace ‘you get what you deserve’.

[MW]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

They're building up the "backs against the wall" narrative early this year...

Embrace the Expectation is the company line this year.

You wont hear anyone from the club go against that line for 2022.

I've already heard Rozee use the injuries in a presser...he might want to be briefed!

[Lightning McQueen]

Nothing can replace ‘you get what you deserve’.

One week at a time.

[Armchair expert]

hardery for longery

[Vamos]

Nothing can replace ‘you get what you deserve’.

One week at a time.

Ken, you're on mute.

[JK]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

Reckon Rockliff left a bit of a hole last season with Ports not batting big in contested Mids, can see TD playing a reasonable role for them TBH.

[Booney]

Trent Dumont now having surgery and will miss at least a month

Not the greatest start to Ports pre season so far.

With all due respect, if he’s in Port’s best 22 they’re choking well before the Prelim this year…

Reckon Rockliff left a bit of a hole last season with Ports not batting big in contested Mids, can see TD playing a reasonable role for them TBH.

Amon had to jump in on the role from time to time and while he was very good last year that's not his preferred spot, I reckon Houston, Bergman and draftee Sinn add to that mix more this year, Houston in particular now his party mate has gone.

[Booney]

The Port Adelaide Football Club has declared a record operating profit of $4,209,451 for the financial year ending 31 October 2021.

This result highlights the strength of the club’s current position and the positive momentum that continues to build on the back of the Chasing Greatness strategic agenda.

The result was led by growth in operating revenues of $9.613m on 2020, across membership, partnerships, hospitality and gate receipts.

Operating costs were well managed in another uncertain COVID impacted year. The re-engineering of the club’s business model in 2020 contributed to the club’s significantly improved financial performance. Importantly, the club maintained its commitment to fully funding its football program.

Port Adelaide chairman David Koch believes it is a result which the entire club and its community can be proud of.

“The entire Port Adelaide Football Club community has contributed to this impressive result, achieved during such challenging times,and should be excited about what is ahead,” Mr Koch said.

“Rather than aspiring to be ‘debt free’ and ‘sustainable’, our goal is to build a financially powerful Port Adelaide. Financial strength will provide our teams at AFL, SANFL and AFLW level with the best opportunity to win, and at the same time ensure we give back and invest in our people and community.

“The foundation for this result was built on the decisive changes made in 2020 as we moved quickly to protect the club from the onset of COVID-19 which was the biggest financial threat in our club’s history.

“Thanks to the incredible support of our members, we achieved record membership and substantial merchandise sales across 2021.

“We have a team of commercial partners led by joint major partners GFG, MG and KFC, who are highly engaged and invested in the vision we are building at Port Adelaide. This partnership approach is critical to our growth into AFLW and the exciting facility re-development at Alberton Oval and will open up further opportunities for growth.

“The club also commenced a fully funded $30m transformation of our home at Alberton Oval which will ensure players, staff and members enjoy world class facilities for generations to come.

“On-field, we have an AFL playing list which we have high expectations of, including an exciting core group that we are confident of building an era of sustained success around.”

Mr Koch said the club has taken full advantage of the necessity to re-set its business model as a result of the financial impacts from COVID-19.

“Our priority remains investing in our football programs and transforming the facilities at Alberton for the benefit of our players, members and the community. Our objective to prudently repay debt is important as we also build the club’s financial capability.

“We will remain focused on our core business but also accelerate our thinking to revenue generating assets that will build the financial capability of the Port Adelaide Football Club long-term. The multi-million dollar investment in our home at Alberton Oval is a great example of this.

“The new social club facility (The Precinct at Alberton) is wholly owned by the football club. This venue not only provides a wonderful new home for our members and supporters to be proud of, it will be a significant revenue generating asset for our football club. Every dollar spent at ‘The Precinct’, whether that be in the retail store, for conventions and meetings or upstairs in the magnificent new hospitality area, remains inside the club. I’d like to personally thank the people who have contributed to this project and are helping us deliver this exciting project.

“The $30m Alberton Oval precinct re-development approval and funding, whilst not reflected in our financial result in 2021, is a major milestone for our club and we look forward to bringing that to life over the next 18 months.”

The Port Adelaide Football Club will hold its Annual General Meeting this Friday 18 February at 6.00pm.

The Annual General Meeting will be streamed live on the club’s website and will include presentations from Chairman David Koch and CEO Matthew Richardson and interviews with Senior Coach Ken Hinkley and Head of AFLW Juliet Haslam.

Highlights are;

Statutory profit of $4,755,884 (2020; $4.0 million loss)
2021 financial result is an $8.796m turnaround on the 2020 result
Profit from operating activities before depreciation $5,714,278 (2020; $278,806 net loss)
$3.2 million in debt repaid
Revenue up 24 per cent to $49.3 million
Strong balance sheet underpinned by Total Equity of $14.9 million
Football department fully funded
Results achieved whilst securing approvals and funding for the $30m generational transformation of the Alberton Oval precinct.

[stan]

WTF?

I reckon there are some dodgy shit account going on there, how do you just smash up revenue by 24% in Covid times?

In saying that it is good you got some of that $13mil debt repaid.

[Dutchy]

Amazing what happens when KT leaves the building, Richardson has done an outstanding job - as indicated below expenses were out of control, reel that in and profit results.

[DOC]

I doubt that it is dodgy. BUT.

Football clubs do not have profits. They have surpluses. They do not have losses they have deficits.