Etihad Stadium - New Initiatives

[NoseBleed]

Re: Etihad Stadium - New Initiatives

http://www.foxsports.com.au/afl/afl-purchases-etihad-stadium-from-docklands-helping-several-tenant-clubs-financially/news-story/1d034a6cebde0b2371d76d56bf75a59e

[hujsh]

Re: Etihad Stadium - New Initiatives

Perfect time for a major renegotiation IMO

[Greystache]

Re: Etihad Stadium - New Initiatives

Hopefully this is a real bonus for tenant clubs, but I'm not totally convinced it will turn out that way.

The AFL are investing a significant sum of money into the stadium and it's just as likely they'll use the profits from its operations to recoup their investment. They may greatly improve the returns to the clubs, but that will come from the revenue they receive themselves, or they may choose to marginally increase club returns as a token publicity gesture and keep the rest for themselves. We're relying on the generosity of the AFL to do the right thing, and if there's one thing you can be confident of when it comes to the AFL, they'll look after themselves first, second, and third before they worry about Victorian clubs.

[SlimPickens]

Re: Etihad Stadium - New Initiatives

Hopefully this is a real bonus for tenant clubs, but I'm not totally convinced it will turn out that way.

The AFL are investing a significant sum of money into the stadium and it's just as likely they'll use the profits from its operations to recoup their investment. They may greatly improve the returns to the clubs, but that will come from the revenue they receive themselves, or they may choose to marginally increase club returns as a token publicity gesture and keep the rest for themselves. We're relying on the generosity of the AFL to do the right thing, and if there's one thing you can be confident of when it comes to the AFL, they'll look after themselves first, second, and third before they worry about Victorian clubs.

Couldn't agree more. Fans will rejoice about this today, but I'm majorly sceptical and will believe the increase in revenue when I see it.

[comrade]

Re: Etihad Stadium - New Initiatives

Couldn't agree more. Fans will rejoice about this today, but I'm majorly sceptical and will believe the increase in revenue when I see it.

I've had a few people say to me that we might regret moving into Ballarat given the Etihad news today.

Grey's sentiment is exactly why we need to continue exploring new revenue opportunities.

[jeemak]

Re: Etihad Stadium - New Initiatives

My thoughts on this are well enough known, and I tend to agree with Grey on the likely outcome from the sale.

It's really disappointing that our club, along with the Saints and Norf, won't get the recognition deserved for subsidising the viability of the stadium over time, and essentially driving the AFL's position to purchase it for the price it has negotiated. Without our clubs being ripped off, the AFL wouldn't have been able to do so for another half decade.

[Bornadog]

Re: Etihad Stadium - New Initiatives

Hopefully this is a real bonus for tenant clubs, but I'm not totally convinced it will turn out that way.

The AFL are investing a significant sum of money into the stadium and it's just as likely they'll use the profits from its operations to recoup their investment. They may greatly improve the returns to the clubs, but that will come from the revenue they receive themselves, or they may choose to marginally increase club returns as a token publicity gesture and keep the rest for themselves. We're relying on the generosity of the AFL to do the right thing, and if there's one thing you can be confident of when it comes to the AFL, they'll look after themselves first, second, and third before they worry about Victorian clubs.

The AFL negotiated a fantastic deal for us when we first went to the Stadium.