Profit: $3.21 million
Last year: $3.18 million
Revenue: $31.8 million
Football department costs: $13.3 million
Membership income: $4.84 million
Sponsorship income: not disclosed
Gaming income: not disclosed
WITH $12.5 million owing to Westpac falling due this year, and just $5.6 million in current assets, the Bulldogs need either a loan extension or a big cash injection.
Directors say the club depends on the continued support of the AFL. Take away $2.9 million in government money for the redevelopment of the Whitten Oval and the Bulldogs operating profit was $820,000.
I pointed this out last year and was worried. This is a big concern and needs to be eradicated.
We have also been mentioning this position in this thread from post #53