Constance_Perm wrote:grant j wrote:Probably a dumb question but
IF the "Admin" merger goes thru does this mean the annual dividend from the Adelaide Crows to the Magpies will go directly to Port Power??
I made comment about this in one of the other threads and don't think it's a dumb question at all ... Given the Magpies would receive $xoo,ooo in reduced costs above the other SANFL clubs AND the Crows concerns (which I'd imagine would exist) about forwarding a dividend to an AFL rival, I reckon any agreement would need to see the Magpies cough this up.
You are right there CP however I think the proposal still has the Magpie portion of the merged "one club" receiving the same exisiting SANFL dividends which would be an absolute joke in the circumstances outlined and the concerns of the SANFL Clubs is that how would you track if that crows portion of the dividend went into running the Magpies it could well get "lost" in the big bucket and actually assist the Crows AFL rivals! It would surely have to exclude Port from any Crows dividend but also how do the SANFL track any dividend paid by the AFL Power and match returns etc from beign re-spent by the Power and not directed to the SANFL arm of the "one club" - very messy and very worrying!