by Jim05 » Thu Dec 16, 2010 10:30 am
by CENTURION » Thu Dec 16, 2010 10:33 am
Constance_Perm wrote:Hondo wrote:Sojourner wrote:Clearly I dont have access to the numbers, yet the figure on the media at one stage was a 1.8 - 2 mil loss. Considering the 1.3 that goes out of the budget to run the Magpies team of the club I think blind freddy can see what is going to happen to get the club back to profit.
Yes, the old PAP take on that $1.3m max commitment but they also get the existing revenue streams of the old PAM - memberships, merchandise, that Hotel etc. I don't know what that figure is but it's > $0!.
Already it seems OnePA is generating more revenue than PAM and PAP were generating on their own.
Give it time before we start back on the doomsday crystal ball predictions I reckon!
Good post .. A financially healthy Port should realistically be in everyone's best interests .. Hat's off to them for getting out of the blocks so quickly.
by Booney » Thu Dec 16, 2010 10:38 am
Jim05 wrote:Good on them. Still want them to collect a pair of wooden spoons this year though
by JK » Thu Dec 16, 2010 10:52 am
CENTURION wrote:Constance_Perm wrote:Hondo wrote:Sojourner wrote:Clearly I dont have access to the numbers, yet the figure on the media at one stage was a 1.8 - 2 mil loss. Considering the 1.3 that goes out of the budget to run the Magpies team of the club I think blind freddy can see what is going to happen to get the club back to profit.
Yes, the old PAP take on that $1.3m max commitment but they also get the existing revenue streams of the old PAM - memberships, merchandise, that Hotel etc. I don't know what that figure is but it's > $0!.
Already it seems OnePA is generating more revenue than PAM and PAP were generating on their own.
Give it time before we start back on the doomsday crystal ball predictions I reckon!
Good post .. A financially healthy Port should realistically be in everyone's best interests .. Hat's off to them for getting out of the blocks so quickly.
yep, true. I'm sick of hating Norwood so much, glad to go back to hating Port.
by CENTURION » Thu Dec 16, 2010 11:11 am
by Wedgie » Thu Dec 16, 2010 11:11 am
Sojourner wrote:Clearly I dont have access to the numbers, yet the figure on the media at one stage was a 1.8 - 2 mil loss. Considering the 1.3 that goes out of the budget to run the Magpies team of the club I think blind freddy can see what is going to happen to get the club back to profit.
Armchair expert wrote:Such a great club are Geelong
by JK » Thu Dec 16, 2010 11:14 am
CENTURION wrote:Good post .. A financially healthy Port should realistically be in everyone's best interests .. Hat's off to them for getting out of the blocks so quickly.
by CENTURION » Thu Dec 16, 2010 11:30 am
Constance_Perm wrote:CENTURION wrote:Good post .. A financially healthy Port should realistically be in everyone's best interests .. Hat's off to them for getting out of the blocks so quickly.
yep, true. I'm sick of hating Norwood so much, glad to go back to hating Port.
by Barto » Thu Dec 16, 2010 12:06 pm
CUTTERMAN wrote:"We made the money in someone else's stadium, with a licence someone else paid for, spent a shitload on brand new facilities and upgrades then put our hand out for more money, but everything we generated is ours, all of it"![]()
I'll reserve my congratulations for 3-5 years and see if the Port faithful are still backing up their chivalrous club.
by SDK » Thu Dec 16, 2010 12:56 pm
by CENTURION » Thu Dec 16, 2010 1:09 pm
SDK wrote:Nice one Centurion !
Love being hated by Centrals.
It's OK we hate you right back.
Quote Garry McIntosh ....." a lot of people think I hate Port Adelaide the most. That is not true, I hate them all ! "
by Chuck Wepner » Thu Dec 16, 2010 2:01 pm
CENTURION wrote:SDK wrote:Nice one Centurion !
Love being hated by Centrals.
It's OK we hate you right back.
Quote Garry McIntosh ....." a lot of people think I hate Port Adelaide the most. That is not true, I hate them all ! "
equally, he should have added.
by beenreal » Thu Dec 16, 2010 2:18 pm
Chuck Wepner wrote:CENTURION wrote:SDK wrote:Nice one Centurion !
Love being hated by Centrals.
It's OK we hate you right back.
Quote Garry McIntosh ....." a lot of people think I hate Port Adelaide the most. That is not true, I hate them all ! "
equally, he should have added.
...he was never the sharpest knife in the drawer...
by CENTURION » Thu Dec 16, 2010 2:27 pm
by sjt » Thu Dec 16, 2010 3:52 pm
by Magpies96 » Thu Dec 16, 2010 4:01 pm
sjt wrote:I agree it's good news. A strong Power might lead to increased SANFL distributions (though i doubt it).
Hopefully, now they can pay back the recent SANFL loan? Or at least start to. I'm not concerned about the AFL getting their minimal loan back.
by CENTURION » Thu Dec 16, 2010 4:10 pm
Magpies96 wrote:sjt wrote:I agree it's good news. A strong Power might lead to increased SANFL distributions (though i doubt it).
Hopefully, now they can pay back the recent SANFL loan? Or at least start to. I'm not concerned about the AFL getting their minimal loan back.
Loan? It was not a loan, nothing to pay back.
It was subsidy for having a **** stadium deal from the greedy SANFL.
by Barto » Thu Dec 16, 2010 5:20 pm
CENTURION wrote:Magpies96 wrote:sjt wrote:I agree it's good news. A strong Power might lead to increased SANFL distributions (though i doubt it).
Hopefully, now they can pay back the recent SANFL loan? Or at least start to. I'm not concerned about the AFL getting their minimal loan back.
Loan? It was not a loan, nothing to pay back.
It was subsidy for having a **** stadium deal from the greedy SANFL.
yep, it's the SANFL's fault.
by beenreal » Thu Dec 16, 2010 5:31 pm
Barto wrote:
The SANFL find out who barracks for Port and barricades their front doors on game day so they cant attend. Nefarious stuff.
by CENTURION » Thu Dec 16, 2010 5:35 pm
beenreal wrote:Barto wrote:
The SANFL find out who barracks for Port and barricades their front doors on game day so they cant attend. Nefarious stuff.
They must do the same for 10,000 Crows supporters as well.
But seriously, if the "Team for ALL South Australians" can't post a profit, what hope does a single club like Port Adelaide have?
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