Proposed model for the Magpies - Power Joint Venture?

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Re: Proposed model for the Magpies - Power Joint Venture?

Postby UK Fan » Fri Feb 05, 2010 3:08 pm

Booney wrote:
UK Fan wrote:Booney how can you ever try and label the SANFL clubs as the "executioners" to quote you on the Port Magpies.

If you wish to quote me, quote me. I said "No one wants to be seen as the executioner."

When you have a clear Plan B for survival.

What is this Plan B you speak of? If the POW is sold the only revenue stream the Magpies have is gone. Yo uunderstand what "gone" means? No longer exists, will no longer provide us with funds.

Wasnt just trying a lame guilt trip FFS.

Guilt trip? :shock:

Selling POW will save you for 12 months. And you can 100% guarantee death will occur in 2011 no other options of survival at all if the sale occurs ????????? No way in those 12 months circumstances will change.

It is highly unlikely that a "white knight" will come along and save us in the next 12 months. So yes. Deat hwill occur.

Isnt this what happened with Norwood and Wood St ??????

Time for Port to sell its asset and toughen up. When the going gets tough, Port fans just cry and blame everyone else.

What an outrageous comment, but hardly surprising.


100% lost all respect for ya Mr Boon.

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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Booney » Fri Feb 05, 2010 3:17 pm

UK Fan wrote:100% lost all respect for ya Mr Boon.


=))

I'd suggest you have showed more disrespect in this thread to the Magpies and the people who wish to see them survive than anyone else.

I'd suggest anyone who had any respect for me in the first place still does as my intention throughout has been to defend the club I love and have supported all my life.

I'd suggest you take the time to re-read this thread and see that many of the "contradictions" you have mentioned are either a result of your selective editing or your pre-conceived thoughts that nobody one here was ever going to change.

Thanks for your time.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby nickname » Fri Feb 05, 2010 3:34 pm

Admirable restraint Booney.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby beenreal » Fri Feb 05, 2010 3:59 pm

UK Fan wrote:
Booney wrote:
UK Fan wrote:Booney how can you ever try and label the SANFL clubs as the "executioners" to quote you on the Port Magpies.

If you wish to quote me, quote me. I said "No one wants to be seen as the executioner." :axe:

When you have a clear Plan B for survival.

What is this Plan B you speak of? If the POW is sold the only revenue stream the Magpies have is gone. Yo uunderstand what "gone" means? No longer exists, will no longer provide us with funds. ](*,)

Wasnt just trying a lame guilt trip FFS.

Guilt trip? :shock:

Selling POW will save you for 12 months. And you can 100% guarantee death will occur in 2011 no other options of survival at all if the sale occurs ????????? No way in those 12 months circumstances will change.

It is highly unlikely that a "white knight" will come along and save us in the next 12 months. So yes. Deat hwill occur. :toimonster:

Isnt this what happened with Norwood and Wood St ??????

Time for Port to sell its asset and toughen up. When the going gets tough, Port fans just cry and blame everyone else. :^o

What an outrageous comment, but hardly surprising.


100% lost all respect for ya Mr Boon.

http://www.kodak.com/US/images/en/corp/ ... Straws.jpg

clutching at straws anyone ???


Me too, me too, oh please me too? [-o<
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Country Cousin » Sat Feb 06, 2010 5:05 pm

Perhaps somebody could enlighten me. I understand there are 40 gaming machines operated by the Power at the Alberton Oval clubrooms, is that the case?
Also how many machines are at the Prince of Wales hotel?
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Barto » Sat Feb 06, 2010 5:36 pm

Country Cousin wrote:Perhaps somebody could enlighten me. I understand there are 40 gaming machines operated by the Power at the Alberton Oval clubrooms, is that the case?
Also how many machines are at the Prince of Wales hotel?


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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Hazydog » Sat Feb 06, 2010 7:01 pm

Reported on Ch 7 news that clubs believed to have had a meeting and have doubts as to whether structure is sustainable which suggests not looking likely to get the nod.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Dutchy » Sun Feb 07, 2010 12:18 pm

Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby CUTTERMAN » Sun Feb 07, 2010 2:11 pm

Dutchy wrote:Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.

I'm with you Dutchy, I can't work out how they can be so hard up if they have such good membership and attendance numbers. Other clubs get by ok, just. Tells me that there's something going on down there, either poor management or wandering fingers.
I spoke to a past player yesterday, he hates what the power have done to the Port Magpies and how the revenue from the Port Club is split up between the 2 clubs, as one example. It's for people like him that I most sorry for.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby UK Fan » Sun Feb 07, 2010 3:02 pm

Dutchy wrote:Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.


Thankyou Dutchy !!!!!!!!.

Just to clarify Booney is it highly probable/likely port will die. Or is it 100% going to happen. It cant be both.

Port is and have been lying all along. This is really a vote on the future ownership of the POW. And nothing else.

If the merger doesnt go ahead Port does have a Plan B as dutchy/Advertiser/Sunday Mail stated sell the POW. Infact it would give the club what others would refer to as a "fighting chance" for survival. Port Adelaide give up or fight for survival. Pretty obvious what they would prefer.

Greg Edwards thankyou.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby beenreal » Sun Feb 07, 2010 3:07 pm

CUTTERMAN wrote:
Dutchy wrote:Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.

I'm with you Dutchy, I can't work out how they can be so hard up if they have such good membership and attendance numbers. Other clubs get by ok, just. Tells me that there's something going on down there, either poor management or wandering fingers.
I spoke to a past player yesterday, he hates what the power have done to the Port Magpies and how the revenue from the Port Club is split up between the 2 clubs, as one example. It's for people like him that I most sorry for.


Absolute spin and myth! I've lost track of how many times the same truth has to be repeated. The Power NEVER sent the Magpies off to Ethelton. The Power NEVER forced the 2 clubs to work separately. It was all the work of the other paranoid SANFL clubs. And as to the 75-25% revenue split, which club has the higher membership?

The Magpies also submitted their business plan to the SANFL late 2008-09. Even the SANFL said the numbers didn't stack up for long-term sustainability.

It costs around $1M per year to run a club on a shoestring, so selling the POW will provide income for 2010 only. Then what do they do? Yes, other clubs have kept going on less than $1M in the bank, but they also had ASSETS (or Rob Gerard) to leverage against.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby dedja » Sun Feb 07, 2010 3:12 pm

Just a thought and please advise where this logic is incorrect ... I thought the SANFL is run by the SANFL Football Commission, so why are the clubs voting on the Power-Magpies proposal directly instead of the Commission making the decision?

Isn't that why a SANFL Football Commission was formed ... to make the best decisions for SA Football outside of clubs bais?
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Hondo » Sun Feb 07, 2010 3:33 pm

I have been wondering the same thing dedja.

Can we really be sure the clubs don't have a conflict of interest? I trust they will make the right decision for footy in this state but I wonder how they ended up with all the power?
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby UK Fan » Sun Feb 07, 2010 3:34 pm

beenreal wrote:
CUTTERMAN wrote:
Dutchy wrote:Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.

I'm with you Dutchy, I can't work out how they can be so hard up if they have such good membership and attendance numbers. Other clubs get by ok, just. Tells me that there's something going on down there, either poor management or wandering fingers.
I spoke to a past player yesterday, he hates what the power have done to the Port Magpies and how the revenue from the Port Club is split up between the 2 clubs, as one example. It's for people like him that I most sorry for.


Absolute spin and myth! I've lost track of how many times the same truth has to be repeated. The Power NEVER sent the Magpies off to Ethelton. The Power NEVER forced the 2 clubs to work separately. It was all the work of the other paranoid SANFL clubs. And as to the 75-25% revenue split, which club has the higher membership?

The Magpies also submitted their business plan to the SANFL late 2008-09. Even the SANFL said the numbers didn't stack up for long-term sustainability.

It costs around $1M per year to run a club on a shoestring, so selling the POW will provide income for 2010 only. Then what do they do? Yes, other clubs have kept going on less than $1M in the bank, but they also had ASSETS (or Rob Gerard) to leverage against.


Option1 . Fight

Option 2 . Sit back and blame paranoid football clubs for picking on you,.

Im pretty confident I know which tactic the PAFC will favour.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Booney » Sun Feb 07, 2010 3:35 pm

Dutchy wrote:Thing I cant work out, and maybe some Port fans can help me, Edwards/Haysman both say that if this doesnt go ahead then the maggies will need to sell the pub, clear debts and have around $1m in cash and without a revenue source they cannot survive.

Surely with a good business plan and $1m in the bank they could survive, its not as if they are starting with nothing, others clubs have been this low without the $1m in the bank and have made it out.

Sounds like they are trying to bluff the clubs here and they have called it.

Do some hard work and they can trade out of this, esp with the biggest membership base in the SANFL.


The $1m you speak of will be used to fund the 2010 season ( see how many times the sell the pub / survive 2010 has been made by many of us ).

The cost of the 2010 season is far more than $1m, so by the time the end of 2010 comes along we will be back in debt with no revenue source.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby beenreal » Sun Feb 07, 2010 4:35 pm

dedja wrote:Just a thought and please advise where this logic is incorrect ... I thought the SANFL is run by the SANFL Football Commission, so why are the clubs voting on the Power-Magpies proposal directly instead of the Commission making the decision?

Isn't that why a SANFL Football Commission was formed ... to make the best decisions for SA Football outside of clubs bais?


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Re: Proposed model for the Magpies - Power Joint Venture?

Postby CUTTERMAN » Sun Feb 07, 2010 4:55 pm

Beenreal, I'm just putting forward the opinion of a past PAFC player who loves his magpies and his perception of the situation, my point is that there are obviously more. Alot of this goes back to the powers first year and he was told that he had to become a power member to go to the port club, so he did, never has renewed the membership tho.
As for the "it's the other clubs' fault", I go back to my point of your membership and attendance, stop using Gerard as a pivot for your argument, Sturt doesn't have a "Gerard" behind us yet we are still viable, probably just.
It even costs us twice as much as any other club to put on a home game and yet we are STILL viable. So there seems to be strange practices down at Alberton.
One more question, with your dire problems have your supporters come forward in numbers showing support? Have they rallied like North did? Are you membership numbers swelling this year unusually due to the the pride, tradition and Port Adelaide "creed"?
Where are you all! Someone please give us an update of the current membership numbers for PAMFC
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Wedgie » Sun Feb 07, 2010 5:15 pm

dedja wrote:Just a thought and please advise where this logic is incorrect ... I thought the SANFL is run by the SANFL Football Commission, so why are the clubs voting on the Power-Magpies proposal directly instead of the Commission making the decision?

Isn't that why a SANFL Football Commission was formed ... to make the best decisions for SA Football outside of clubs bais?


Allegedly the SANFL don't want to open a Pandora's box after they were seen to do little for other clubs in similar predicaments. If the clubs make the decision they can't be blamed!
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby dedja » Sun Feb 07, 2010 5:17 pm

Wedgie wrote:
dedja wrote:Just a thought and please advise where this logic is incorrect ... I thought the SANFL is run by the SANFL Football Commission, so why are the clubs voting on the Power-Magpies proposal directly instead of the Commission making the decision?

Isn't that why a SANFL Football Commission was formed ... to make the best decisions for SA Football outside of clubs bais?


Allegedly the SANFL don't want to open a Pandora's box after they were seen to do little for other clubs in similar predicaments. If the clubs make the decision they can't be blamed!


Give the man a cigar ... that was exactly my point.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby am Bays » Sun Feb 07, 2010 5:26 pm

Got to say, based on the reports on the changes to the proposed model, I'm for the merger now - ensures Port Magpies haven't got a defacto reserves side with al the Powers interstate recruits which meant the Crows would lobby for one too - further compromising SANFL competition. However I think it only delays the inevtable as how can two struggling business merge to form one viable one?

I also have concerns that Port Power is alligning itself to its own narrow fans base. I know of a minority of Port Power fans who support the AFL Port but dispise the SANFL Port, will they be disenfranchised? Also their is a minority of Port Magpies fans who hate the Power, will they want their $$$ going to the Power? The sum of the parts is greater than the whole, the combined membership $$$ from this plan can only be reduced from what it is now.

Also the operational costs of running a SANFL club is $1 Million, this doesn't include the admin costs (wages etc) which boost the total cost to 1.5-2.0 Miliion (Glenelg 1.8 Mill in 2009)). Given the SANFL distribution to the PAFC will be quaranteed for the Magpies (~$0.5 Mil IIRC maybe a bit less) can Port Power afford at least another $0.5 Mill to fund the rest of the Magpies operational budget when without SANFL and AFL help they would've had a loss of almost $4 Million.

Yes I know they may get better Pokie return revenue with the POW and the movement of Port club pokies to a main road facility but will that make up the $4.5 million short fall of their actual operating loss (before AFL and SANFL help) and the additional costs of running an SANFL operation aside from the SANFL dividend.

Thats is why I 'spose the SANFL clubs are going to vote against it, that finacially the plan makes no sense and that the proposed merger will only delay the inevitable so its probably better to cut the Mapgpies lose now.

Mind you I say let them go and in three years time when the inevitable happens (could be sooner) it is Port Power with the blood on their hands not the other SANFL clubs . ;)
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