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Re: Bulldogs eradicate debt with third straight significant profit
Originally Posted by
Axe Man
It means our cash and other liquid assets exceed our loans. Eg we may still have a loan for $1 million but we also have $1.5 million in cash.
Don't believe we have loans anymore
You are right we have more cash than needs to be paid out for expenses, wages etc. Great position to be in.
FFC: Established 1883
Premierships: AFL 1954, 2016 VFA - 1898,99,1900, 1908, 1913, 1919-20, 1923-24, VFL: 2014, 2016 . Champions of Victoria 1924. AFLW - 2018.
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Re: Bulldogs eradicate debt with third straight significant profit
Originally Posted by
bornadog
Don't believe we have loans anymore
You are right we have more cash than needs to be paid out for expenses, wages etc. Great position to be in.
I wonder if we will start to do like the wealthier clubs do, that is, with our cash whether we start looking at using the Cat B rookie list much more with international players, players coming from other sports or like we did with Tweedie. The success rate seems low relatively speaking, but it you land a very good or gun player by 'buying' Cat B rookies, that's a huge advantage for the side.
Rocket Science: the epitaph for the Beveridge era - whenever it ends - reading 'Here lies a team that could beat anyone on its day, but seldom did when it mattered most'. 15/7/2023
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Re: Bulldogs eradicate debt with third straight significant profit
Originally Posted by
bulldogtragic
I wonder if we will start to do like the wealthier clubs do, that is, with our cash whether we start looking at using the Cat B rookie list much more with international players, players coming from other sports or like we did with Tweedie. The success rate seems low relatively speaking, but it you land a very good or gun player by 'buying' Cat B rookies, that's a huge advantage for the side.
I think we are more into promoting our brand and expanding into other areas.
Bring back the biff
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Re: Bulldogs eradicate debt with third straight significant profit
Originally Posted by
ledge
I think we are more into promoting our brand and expanding into other areas.
Certainly a good use of money off field no doubt, we have to keep growing. I hope we don't neglect ways we can use money for on field pursuits. I liked us taking a punt on Tweedie, despite it not working out.
Rocket Science: the epitaph for the Beveridge era - whenever it ends - reading 'Here lies a team that could beat anyone on its day, but seldom did when it mattered most'. 15/7/2023