Macca19 wrote:I really dont think the membership is the problem. The club, to my recollection, has always been in the top few in memberships over the past 3-4 years. We'll need 30,000 members to stay afloat going by some of the figures stated which would be more than just about every other club combined and wouldnt be sustainable. More sponsors and finding ways to cut expenditure is what it will come down to. Getting rid of the POW would be a start.
I disagree - getting rid of the POW would be the start of the end.
They need to have the POW paid off so that they have a clear revenue stream that isnt offset with interest payments. The club needs an asset base to generate income - pokies generate income.
Sponsors is important .... and members - however the income from members contributes the least to the bottom line.
Imagine though if we can wake the magpies fans that havent been 'supporters' over the past decade or so and can get ourselves to 10K members....