Adelaide Oval attendances are up 55% on AAMI Stadium, this is the SANFL cash cow.
The SANFL were close to being insolvent 4 years ago, debts of $37M, assets of $28 and a $10M loan from the AFL.
Debt is now $18M, assets $109M and they will be debt free by 2020.
$16M wil be distributed to the SANFL clubs over 7 years to retire their debt, which should mean that all clubs will also be debt free within that period.
The AFL Reserves sides have not destroyed the SANFL competition, hardly anyone mentions them at the League Director level and the SANFL is 100% committed to keeping them in the competition for the full 15 years.
If these teams were such an issue why has no League Director been removed from their club? Why is there barely a ripple with club members?
Without the Adelaide Oval deal, divesting the AFL licences and selling AAMI Stadium to create a future fund, the SANFL would have folded.
The SANFL is in very good hands. Thank God that it's not in the hands of you geniuses with your harebrained ideas.