
by Booney » Fri Dec 17, 2010 11:56 am
by dedja » Fri Dec 17, 2010 12:02 pm
by Booney » Fri Dec 17, 2010 12:04 pm
dedja wrote:Are you lost Booney? Did you mean to post that in the Third Test thread instead?
by Sojourner » Fri Dec 17, 2010 1:24 pm
Dutchy wrote:Not sure how anyone can defend the PAFC losing over $6m in the last 3 years..
by finn » Fri Dec 17, 2010 2:55 pm
Booney wrote:dedja wrote:Sorry to drag up old ground but let's try to recount what Port's business plan was when it entered the AFL shall we?
Wasn't it based on attendances over 30,000? Now they are barely hitting 20,000.
One also wonders how bad Port's financial situation would be like without all the dough Allan Scott pumped into the club.
Anyway, just throwing it out there ...
by CENTURION » Fri Dec 17, 2010 9:50 pm
dedja wrote:Are you lost Booney? Did you mean to post that in the Third Test thread instead?
by Psyber » Sat Dec 18, 2010 11:16 am
If I owned the licence I'd have done the business-like thing and get a new sub-licensee that could draw more customers some time ago..Sojourner wrote:Its more like the SANFL losing it - they own the clubs licence, maybe then the blame should be directed at the license holder for allowing their investment to achieve that result. How many people would hold a share portfolio and just watch year after year as it loses money without taking any action to correct it? In the SANFL's case they just continue throwing money at it hoping it will solve the problem without actually addressing the issue of the stadium deal and lack of a proper pokies facility and so on.Dutchy wrote:Not sure how anyone can defend the PAFC losing over $6m in the last 3 years..
by spell_check » Sat Dec 18, 2010 11:49 am
Psyber wrote:If I owned the licence I'd have done the business-like thing and get a new sub-licensee that could draw more customers some time ago..Sojourner wrote:Its more like the SANFL losing it - they own the clubs licence, maybe then the blame should be directed at the license holder for allowing their investment to achieve that result. How many people would hold a share portfolio and just watch year after year as it loses money without taking any action to correct it? In the SANFL's case they just continue throwing money at it hoping it will solve the problem without actually addressing the issue of the stadium deal and lack of a proper pokies facility and so on.Dutchy wrote:Not sure how anyone can defend the PAFC losing over $6m in the last 3 years..
by Macca19 » Sat Dec 18, 2010 3:29 pm
finn wrote:according to this logic then, every time port go through a rough patch onfield, they'll need to get financial support from outside normal sponsorship and revenue streams... que?
by Macca19 » Sat Dec 18, 2010 3:41 pm
CUTTERMAN wrote:Still, Adelaide have managed for many years to run a very healthy profit and returns to the SANFL clubs, Port never have generated a decent return to the SANFL clubs bar one or two years
by Macca19 » Sat Dec 18, 2010 3:54 pm
CUTTERMAN wrote:That's not what the business plan said when you wanted to get the 2nd license
by DOC » Sat Dec 18, 2010 4:01 pm
by Macca19 » Sat Dec 18, 2010 4:13 pm
by Barto » Sat Dec 18, 2010 5:43 pm
Macca19 wrote:I think both on and offield reasons based around Choco didnt help with poor attendances. Bad on field form - especially at home and ridiculous after match press conferences, shifting the blame etc. had a lot to do with it.
by Psyber » Sun Dec 19, 2010 10:54 am
They haven't really given any dividend if it has had to be refunded as SANFL grants later - it is just SANFL money going around in circles.Macca19 wrote:CUTTERMAN wrote:Still, Adelaide have managed for many years to run a very healthy profit and returns to the SANFL clubs, Port never have generated a decent return to the SANFL clubs bar one or two years
And here we go again, and its not like it hasnt been written on here 10-20-30 times before. Port have given a dividend tot he SANFL clubs EVERY year for the past ten years. There has only been I believe TWO times ever that they did not give back a dividend and this was in the 90s. They pay a fixed amount, every year, regardless of profit or loss, just like the Crows do. It has been this way for nearly a decade and is an amount the SANFL has set for the clubs. They paid $355k this year, $344k last year.
Surely its not too difficult to expect regulars on this board to remember this before they go on yet another 'Port dont return a dividend' diatribe.
by Barto » Sun Dec 19, 2010 11:03 am
Psyber wrote:They haven't really given any dividend if it has had to be refunded as SANFL grants later - it is just SANFL money going around in circles.Macca19 wrote:CUTTERMAN wrote:Still, Adelaide have managed for many years to run a very healthy profit and returns to the SANFL clubs, Port never have generated a decent return to the SANFL clubs bar one or two years
And here we go again, and its not like it hasnt been written on here 10-20-30 times before. Port have given a dividend tot he SANFL clubs EVERY year for the past ten years. There has only been I believe TWO times ever that they did not give back a dividend and this was in the 90s. They pay a fixed amount, every year, regardless of profit or loss, just like the Crows do. It has been this way for nearly a decade and is an amount the SANFL has set for the clubs. They paid $355k this year, $344k last year.
Surely its not too difficult to expect regulars on this board to remember this before they go on yet another 'Port dont return a dividend' diatribe.
by Macca19 » Sun Dec 19, 2010 11:38 am
Psyber wrote:They haven't really given any dividend if it has had to be refunded as SANFL grants later - it is just SANFL money going around in circles.Macca19 wrote:CUTTERMAN wrote:Still, Adelaide have managed for many years to run a very healthy profit and returns to the SANFL clubs, Port never have generated a decent return to the SANFL clubs bar one or two years
And here we go again, and its not like it hasnt been written on here 10-20-30 times before. Port have given a dividend tot he SANFL clubs EVERY year for the past ten years. There has only been I believe TWO times ever that they did not give back a dividend and this was in the 90s. They pay a fixed amount, every year, regardless of profit or loss, just like the Crows do. It has been this way for nearly a decade and is an amount the SANFL has set for the clubs. They paid $355k this year, $344k last year.
Surely its not too difficult to expect regulars on this board to remember this before they go on yet another 'Port dont return a dividend' diatribe.
by spell_check » Sun Dec 19, 2010 1:49 pm
Barto wrote:Psyber wrote:They haven't really given any dividend if it has had to be refunded as SANFL grants later - it is just SANFL money going around in circles.Macca19 wrote:CUTTERMAN wrote:Still, Adelaide have managed for many years to run a very healthy profit and returns to the SANFL clubs, Port never have generated a decent return to the SANFL clubs bar one or two years
And here we go again, and its not like it hasnt been written on here 10-20-30 times before. Port have given a dividend tot he SANFL clubs EVERY year for the past ten years. There has only been I believe TWO times ever that they did not give back a dividend and this was in the 90s. They pay a fixed amount, every year, regardless of profit or loss, just like the Crows do. It has been this way for nearly a decade and is an amount the SANFL has set for the clubs. They paid $355k this year, $344k last year.
Surely its not too difficult to expect regulars on this board to remember this before they go on yet another 'Port dont return a dividend' diatribe.
No, no, no.. it's greedy nest of vipers robbing Port blind to prop up a second rate competition.
by Barto » Sun Dec 19, 2010 2:12 pm
spell_check wrote:You're not a BigFooty regular are ya!![]()
by spell_check » Sun Dec 19, 2010 2:36 pm
Barto wrote:spell_check wrote:You're not a BigFooty regular are ya!![]()
I think the 'nest of vipers' quote was from here, but the other thing is always a good laugh. Anyways, I'm off to visit Leigh Whicker who is currently snorting coke of a hooker's butt using one of the many $100 notes he took from the Port safe in the latest SANFL heist.
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