Financial Results

[Remi Moses]

Re: Financial Results

For some reason even our own members keep forgetting this. It needs to be shouted out every single time we discuss the club finances. So should "Sunday twilight" and "60 weeks without a Friday night." Suspect if equalisation was factored in we would make as or a more significant profit than the big wankers down the road.... Eddie "it's mine, its all mine <insert crazy laughter>" McGuire needs to take a walk in those unequal shoes...

We're playing with 2 arms tied behind our back.

[Hotdog60]

Re: Financial Results

The convention centre could also be causing a drain on resources, in development lots of money goes in and nothing comes out.

[always right]

Re: Financial Results

I don't care what crap deal we have with Etihad Stadium...we'll never make money while we attract crowds of less than 25k. Attendance by supporters at our games this year was deplorable even in the last eight weeks. Membership is our biggest problem and getting those members to attend games is not far behind. With an outstanding off season and the expectation of improved peformance in 2014 it will be interested to see if this translates to bums on seats.

[LostDoggy]

Re: Financial Results

Yep. Some carry on like it's the Australian profit league.

Yep and I can bet depreciation on our facilities is a bit factor on this. Even so this is a small loss in the grand scheme of things. I have faith that the right team is in place and they have done a good job in a year in which we only won a handful of games. Look at Brisbane and Melbourne as a comparison.

[Bornadog]

Re: Financial Results

I don't care what crap deal we have with Etihad Stadium...we'll never make money while we attract crowds of less than 25k. Attendance by supporters at our games this year was deplorable even in the last eight weeks. Membership is our biggest problem and getting those members to attend games is not far behind. With an outstanding off season and the expectation of improved peformance in 2014 it will be interested to see if this translates to bums on seats.

In 2012 we had the lowest average attendance since 1996. This year it was up marginally from last year.

[Bornadog]

Re: Financial Results

Yep. Some carry on like it's the Australian profit league.

Not sure what you mean by that statement.

The financial position of the club is important for not only our long term survival but potentially the difference between being successful, or not, on the field. Collingwood spent $22 million on the footy department, we spent $16 million. Collingwood made a profit of $5 million and they can plough that back into the footy department if they wish and widen the gap even more.

We need to wipe the debt, build the membership and spend more on the football department.

[always right]

Re: Financial Results

In 2012 we had the lowest average attendance since 1996. This year it was up marginally from last year.

So 2013 was a marginally less crap year than 2012. I feel much better now

[Bornadog]

Re: Financial Results

So 2013 was a marginally less crap year than 2012. I feel much better now

Actually, I just checked and 2013 was worse than 2012.

[comrade]

Re: Financial Results

We could always just recruit a bunch of hacks, implement an impotent development program, tank over a number of years plus hire a dud coach so we're that deep in the shit the AFL will throw money at us.

Worked for Melbourne.

[Bornadog]

Re: Financial Results

We could always just recruit a bunch of hacks, implement an impotent development program, tank over a number of years plus hire a dud coach so we're that deep in the shit the AFL will throw money at us.

Worked for Melbourne.

The figures include almost $3 million from the AFL

[LostDoggy]

Re: Financial Results

I don't care what crap deal we have with Etihad Stadium...we'll never make money while we attract crowds of less than 25k. Attendance by supporters at our games this year was deplorable even in the last eight weeks. Membership is our biggest problem and getting those members to attend games is not far behind. With an outstanding off season and the expectation of improved peformance in 2014 it will be interested to see if this translates to bums on seats.

Tend to agree mate. Last two years we've made losses, which coincides with poor on-field performance also in those years. We've always been a club that can't afford to bottom out or it hits the bottom line big time.

[LostDoggy]

Re: Financial Results

Whether this should go in the Bulldoze the debt thread, or here, the basic numbers are that around a hundred dollars of donations from each member (our average m/ship of say 30K per year), would almost wipe the historical debt.

The figure are basic and obviously some can afford more, some can't afford anything and some already pour thousands into the club through membership options - but the point is that i think we need one solid season of debt reduction marketing like Richmond and Melbourne have done in recent years.

There's nothign revolutionary in this, but i don't recall the BTD campaign being pushed, publically, for a couple of years.

[Bornadog]

Re: Financial Results

Whether this should go in the Bulldoze the debt thread, or here, the basic numbers are that around a hundred dollars of donations from each member (our average m/ship of say 30K per year), would almost wipe the historical debt.

The figure are basic and obviously some can afford more, some can't afford anything and some already pour thousands into the club through membership options - but the point is that i think we need one solid season of debt reduction marketing like Richmond and Melbourne have done in recent years.

There's nothing revolutionary in this, but i don't recall the BTD campaign being pushed, publically, for a couple of years.

The club tried that a couple of years ago and reduced the $5 million debt to around the $4.2 million. Not enough people put their hand in their pocket.

[comrade]

Re: Financial Results

The figures include almost $3 million from the AFL

I mean over and above the equalisation funds we receive due to the non-viable commercial terms (broadcasting, fixturing etc) we're forced to accept.

[Ozza]

Re: Financial Results

I don't care what crap deal we have with Etihad Stadium...we'll never make money while we attract crowds of less than 25k. Attendance by supporters at our games this year was deplorable even in the last eight weeks. Membership is our biggest problem and getting those members to attend games is not far behind. With an outstanding off season and the expectation of improved peformance in 2014 it will be interested to see if this translates to bums on seats.

I agree with this.

But if you ever say you're disappointed with the attendance figures during the season/amount of dogs fans turning up - you get beaten from pillar to post on here!!