Clubs Financials 2010

[Dutchy]

Not sure how many clubs have released their Annual Report as yet, but thought it was worth documenting here as they come out as they are usually cause for good discussion.

Glenelg -

Modest Profit of $29k (down from $196k)
Net Assets $3.85m (up from $3.39m)

Not much commentary on the financials which is a bit strange but it seems the dip in profit is blamed on the Function Centre side of the bsuiness and there was also a dip in Fundraising (which goes direct to bottom line). There is comments around it being a difficult year with CEO's changing so all in all probably not a bad result with the CEO now settled and a full year ahead of him.

[DOC]

Souths profit was $200,000
Asset base (from memory) nearly 8 million.

[CENTURION]

Souths profit was $200,000
Asset base (from memory) nearly 8 million.

well done....now do something with it!

[SDK]

The legs may be red but the finances are in the black at the Parade.
Not a big profit but anything in the black is good.

[DOC]

Souths profit was $200,000
Asset base (from memory) nearly 8 million.

well done....now do something with it!

Roger. It does go to show that finance alone wont do it.

The club is on year 2 of a 5 year plan which has seen certain changes in direction, noticebly in player requirements. This was demonstrated in South advising all clubs last year that Parry and Boyd were available (as neither would commit to the plan). The type of players recruited has seen a cessation of AFL discards with whom we have a poor record. There is no doubt that we have recuited plenty of good quality footballers over the last 10 plus years but in the main we have had trouble in keeping them. Again money not the only answer.

I think the perception that money will be the major driving force at SANFL level for success is not only not true but an easy excuse for failure. Its also easy fodder for posting and spreading rumours. So with that in mind, has Centrals made the right call with Heath Lawry. Why not put him up like Boyd and Parry to the other clubs and possibly recoup some dollars?

[CENTURION]

Souths profit was $200,000
Asset base (from memory) nearly 8 million.

well done....now do something with it!

Roger. It does go to show that finance alone wont do it.

The club is on year 2 of a 5 year plan which has seen certain changes in direction, noticebly in player requirements. This was demonstrated in South advising all clubs last year that Parry and Boyd were available (as neither would commit to the plan). The type of players recruited has seen a cessation of AFL discards with whom we have a poor record. There is no doubt that we have recuited plenty of good quality footballers over the last 10 plus years but in the main we have had trouble in keeping them. Again money not the only answer.

I think the perception that money will be the major driving force at SANFL level for success is not only not true but an easy excuse for failure. Its also easy fodder for posting and spreading rumours. So with that in mind, has Centrals made the right call with Heath Lawry. Why not put him up like Boyd and Parry to the other clubs and possibly recoup some dollars?

Central didn't make any call with Heath, Heath just doesn't want to commit to The SANFL workload anymore.

[DOC]

Of Centrals or SANFL in particular. I was asking should Centrals clear him to another club and get a transfer fee instead of going to another comp and possibly get nothing?

[Booney]

http://portadelaidefc.com.au/Portals/0/ ... Report.pdf

For Royal City, Hondo etc to mull over.

[nickname]

Of Centrals or SANFL in particular. I was asking should Centrals clear him to another club and get a transfer fee instead of going to another comp and possibly get nothing?

Why would another SANFL club pay a transfer fee for him when he won't play for them?

[Dutchy]

http://portadelaidefc.com.au/Portals/0/port_docs/MagpiesAnnualReport.pdf

For Royal City, Hondo etc to mull over.

Thanks Boon, certainly more info there than the GFC give.

Had a quick look, profit is enhanced by the once off $425k payment from the sale of the Port Club. Otherwise it confirms that the club was treading water at best, despite a reasonable Balance Sheet.

[sjt]

Not trying to be pedantic but why does the CEO state,

"The club set out to achieve a small profit of around $90k for
the season but the final figure will be much better than that, probably more likely
double that forecast figure."
Why didn't he just say what it is?

[Grahaml]

Of Centrals or SANFL in particular. I was asking should Centrals clear him to another club and get a transfer fee instead of going to another comp and possibly get nothing?

Lawry wasn't playing SANFL this year for anyone.

[DOC]

Whilst I realise he has now decided against a SANFL future, Originally, Lawry wanted more money to compensate for the time he puts into SANFL commitments as he now has his employment which he can not sacrifice and three children which he wants to spend time with (good on him!) and Centrals were not prepared to pay further, why not seek a transfer fee ?

[Grahaml]

Whilst I realise he has now decided against a SANFL future, Originally, Lawry wanted more money to compensate for the time he puts into SANFL commitments as he now has his employment which he can not sacrifice and three children which he wants to spend time with (good on him!) and Centrals were not prepared to pay further, why not seek a transfer fee ?

I wouldn't take gossip at fact. And Centrals wouldn't trade players for cash either. Your theory is also totally ludicrous. Boyd and Parry didn't leave South because South wanted to make some money out of them. They were leaving anyway. Lawry wasn't leaving to play at another club. If he was, he'd have contacted other clubs and the other club would have sought a transfer if they could reach an agreement with Lawry. This isn't like Ebay where you have to list a player to get money for them.

If that's what the culture is down at South, no wonder players leave after 3 years!

[CENTURION]

Whilst I realise he has now decided against a SANFL future, Originally, Lawry wanted more money to compensate for the time he puts into SANFL commitments as he now has his employment which he can not sacrifice and three children which he wants to spend time with (good on him!) and Centrals were not prepared to pay further, why not seek a transfer fee ?

I wouldn't take gossip at fact. And Centrals wouldn't trade players for cash either. Your theory is also totally ludicrous. Boyd and Parry didn't leave South because South wanted to make some money out of them. They were leaving anyway. Lawry wasn't leaving to play at another club. If he was, he'd have contacted other clubs and the other club would have sought a transfer if they could reach an agreement with Lawry. This isn't like Ebay where you have to list a player to get money for them.

If that's what the culture is down at South, no wonder players leave after 3 years!

BUT, another factor in Heath leaving WAS that he wanted more money, after all, he WAS 3rd in Our B & F!

[Bunton]

I wouldn't take gossip at fact. And Centrals wouldn't trade players for cash either. Your theory is also totally ludicrous. Boyd and Parry didn't leave South because South wanted to make some money out of them. They were leaving anyway. Lawry wasn't leaving to play at another club. If he was, he'd have contacted other clubs and the other club would have sought a transfer if they could reach an agreement with Lawry. This isn't like Ebay where you have to list a player to get money for them.

Both Parry and Boyde were contracted, so the only way they could leave was if the club desired it, otherwise South could have easily insisted they stay. You can't change a crap culture by keeping all the same players. While no body disputes both Boyde and Parry were / are reasonable players, the club could not have it's next batch of up and coming kids seeing Parry and Boyde's "it's all about me" attitude as something that should be aspired to. Sometimes you have to take some pain and be strong before you get rewards. Unfortunatley for Ron he has had to make some major changes after years of his predecssesors being too weak to deal with a lazy, selfish player attitude from senior players.

[Grahaml]

Parry had an agreement with the club that they wanted to rescind. Then Parry said he wouldn't budge and he moved on. Whether they were contracted or not, they decided to leave. Their leaving wasn't initiated by South thinking it was a chance to make some cash, but by the players wanting to move to another SANFL club (or Parry being told "Vegas or us" and choosing Vegas)

Lawry may well have been asking about more money. Maybe the club offered more, maybe they didn't. What I know DIDN'T happen was another club stepped in and offered him the cash he wanted for playing SANFL or he'd be going elsewhere. That means either nobody thought he was worth what he wanted, or he decided even for more money he just couldn't do it.

[Bunton]

Parry had an agreement with the club that they wanted to rescind. Then Parry said he wouldn't budge and he moved on. Whether they were contracted or not, they decided to leave. Their leaving wasn't initiated by South thinking it was a chance to make some cash, but by the players wanting to move to another SANFL club (or Parry being told "Vegas or us" and choosing Vegas)

Lawry may well have been asking about more money. Maybe the club offered more, maybe they didn't. What I know DIDN'T happen was another club stepped in and offered him the cash he wanted for playing SANFL or he'd be going elsewhere. That means either nobody thought he was worth what he wanted, or he decided even for more money he just couldn't do it.

May well be right with second paragraph. Re first part, Parry had no agreement with the Club - he stated the prior coach had agreed to it, even though the prior coach was not even contracted for the year in which he wanted to take his holiday. You are then right, in his "it's all about me" attitude, he would not budge, so finally a South Adelaide coach made a call to benefit the Club's future, rather than please an individual player. may well have hurt us a bit in 2010, but had Fuller done what all his predessors done, the "it's all about me" culture would have continued. While our team may not be as well credentialled as it has bene in the past, we're getting a lot more out of what we have. Now we just need the league to give us a zone that has as many participants as at least some of our opponents.

[smithy]

A south supporter complaining about their zone.
LOL - How populated an area do you want ?
Guess it's easy to point the finger at something else rather than your own club.

[blueandwhite]

A south supporter complaining about their zone.
LOL - How populated an area do you want ?
Guess it's easy to point the finger at something else rather than your own club.

yep you are 100% correct smithy we have a fantastic zone; lots of young people between the ages of 14 and 21.
Only trouble is that not may of them play footy or even remotely interested in the game.
The facts are that Souths zone has the lowest participation rate of all the sanfl clubs- by a very long way. I can assure you that is a fact.