Clubs Financials 2010

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Re: Clubs Financials 2010

Postby Barto » Sun Jan 30, 2011 4:41 pm

PhilH wrote:Sturt can be tricky to get, they tend to keep it simple and low print run.


I have queried this with the club re the comments earlier in the thread and I was told that as a club with a lot of voluntary input in this area, this is the reason behind that and the reason why it's not released earlier. People can point the finger and insinuate impropriety if they like, but everything is above board.
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Re: Clubs Financials 2010

Postby PhilH » Sun Jan 30, 2011 6:07 pm

Just to be clear I am NOT suggesting anything suspicous or underhand at the Commander Centre.

I usually collect Annual Reports for my commentary research and have usually found Sturt's one of the hardest to get.... that's it.
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Re: Clubs Financials 2010

Postby Barto » Sun Jan 30, 2011 6:23 pm

PhilH wrote:Just to be clear I am NOT suggesting anything suspicous or underhand at the Commander Centre.

I usually collect Annual Reports for my commentary research and have usually found Sturt's one of the hardest to get.... that's it.



That's cool and I realised what you mean, a couple of others had however.
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Re: Clubs Financials 2010

Postby smithy » Sun Jan 30, 2011 7:24 pm

Barto wrote:
PhilH wrote:Just to be clear I am NOT suggesting anything suspicous or underhand at the Commander Centre.

I usually collect Annual Reports for my commentary research and have usually found Sturt's one of the hardest to get.... that's it.



That's cool and I realised what you mean, a couple of others had however.


If you got time to do a search Barto you'll realise that this get's brought up every year.
Not only by other clubs supporters but by sturt members too.
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Re: Clubs Financials 2010

Postby nickname » Sun Jan 30, 2011 9:56 pm

Barto wrote:
PhilH wrote:Sturt can be tricky to get, they tend to keep it simple and low print run.


I have queried this with the club re the comments earlier in the thread and I was told that as a club with a lot of voluntary input in this area, this is the reason behind that and the reason why it's not released earlier. People can point the finger and insinuate impropriety if they like, but everything is above board.


Wouldn't you think this was something best not left to volunteers?
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Re: Clubs Financials 2010

Postby Barto » Sun Jan 30, 2011 10:37 pm

nickname wrote:
Barto wrote:
PhilH wrote:Sturt can be tricky to get, they tend to keep it simple and low print run.


I have queried this with the club re the comments earlier in the thread and I was told that as a club with a lot of voluntary input in this area, this is the reason behind that and the reason why it's not released earlier. People can point the finger and insinuate impropriety if they like, but everything is above board.


Wouldn't you think this was something best not left to volunteers?


So you think they're asking the local senior citizens to prepare the financial statements in between making the lamingtons? Just because time is being offered up for free due to a love of the club, doesn't mean the people involved aren't highly qualified.

So if a CPA offers to do your tax statements and BAS for free but says he'll do it last because he's prioritising the high paying clients first, you'd say no because it's 'voluntary'?
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Re: Clubs Financials 2010

Postby nickname » Mon Jan 31, 2011 7:57 am

Barto wrote:
So if a CPA offers to do your tax statements and BAS for free but says he'll do it last because he's prioritising the high paying clients first, you'd say no because it's 'voluntary'?


Yes I would if I had an ATO audit coming up and he couldn't get the work done in time; I'd pay someone to get them done in time so there could be proper scrutiny.
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Re: Clubs Financials 2010

Postby HeartBeatsTrue » Mon Jan 31, 2011 8:01 am

nickname wrote:
Barto wrote:
So if a CPA offers to do your tax statements and BAS for free but says he'll do it last because he's prioritising the high paying clients first, you'd say no because it's 'voluntary'?


Yes I would if I had an ATO audit coming up and he couldn't get the work done in time; I'd pay someone to get them done in time so there could be proper scrutiny.
You just stole my words (well not exactly).
Agreed.
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Re: Clubs Financials 2010

Postby Barto » Mon Jan 31, 2011 9:04 am

Ah well, we'll just have to sob quietly in the corner then. Thanks for the concern re the club's financials :)
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Re: Clubs Financials 2010

Postby MightyEagles » Mon Jan 31, 2011 9:26 am

Wouldn't the SANFL be a little concerned if it wasn't done on time.
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Re: Clubs Financials 2010

Postby Barto » Mon Jan 31, 2011 11:31 am

MightyEagles wrote:Wouldn't the SANFL be a little concerned if it wasn't done on time.


Dunno, check with them. If everything is legitimate and above board, as a club member I dont have issue with what's happening.

Does someone want to email Matt Benson and ask him to tell Richard Allen to get stuffed and bash his professional services where the sun doesn't shine so we can pay someone else? Cheers. ;)
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Re: Clubs Financials 2010

Postby EAGLES » Mon Jan 31, 2011 11:59 am

quick question. Does the Sturt constitution say that members must be given 14 days (minimum) to study the annual reports before the agm?
If it doesnt then they probably have done nothing wrong.
But MOST constitutions of sanfl club do have this in there, and there's no good valid reason why they can choose to overlook this, if this is the case.
Not many members are concerned with the back room workings of sanfl clubs, but fortunately there is a vocal minority that keep the bastards honest.
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Re: Clubs Financials 2010

Postby Big Phil » Tue Feb 01, 2011 6:35 pm

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Re: Clubs Financials 2010

Postby jaceace » Wed Feb 02, 2011 11:34 pm

North Adelaide:
Net Profit of $233,871 down from $521,381 the previous year.
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Re: Clubs Financials 2010

Postby o five » Sun Feb 06, 2011 11:30 am

jaceace wrote:North Adelaide:
Net Profit of $233,871 down from $521,381 the previous year.


Obviously Healy (THE HACK) has been paid out then.
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Re: Clubs Financials 2010

Postby csbowes » Mon Feb 07, 2011 9:40 pm

Sturt AGM is 14 Feb 11 at the club...

I'm one of those vocal supporters who asks a lot of questions. I hope the clubs ready to answer questions about the PAMFC proposal that was approved, as I want to know what the club knows...

That said, I'll be very interested in how the finances are. I'd like to think we made a decent profit this year, but I'm prepared to hear once again how things didn't work out and we ended up making another loss.

I hope I'm wrong.
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Re: Clubs Financials 2010

Postby topsywaldron » Mon Feb 07, 2011 11:13 pm

Is it true Sturt don't really have elections for Board members as such?
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Re: Clubs Financials 2010

Postby HOORAY PUNT » Tue Feb 08, 2011 9:32 am

csbowes wrote:Sturt AGM is 14 Feb 11 at the club...

I'm one of those vocal supporters who asks a lot of questions. I hope the clubs ready to answer questions about the PAMFC proposal that was approved, as I want to know what the club knows...

That said, I'll be very interested in how the finances are. I'd like to think we made a decent profit this year, but I'm prepared to hear once again how things didn't work out and we ended up making another loss.

I hope I'm wrong.


Good luck asking your questions as that is your right as a member at an AGM , a few on DB Org wouldn't be happy with too many questions asked I bet .

Expect around 90 -110 k profit by the way.
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Re: Clubs Financials 2010

Postby Barto » Tue Feb 08, 2011 11:03 am

HOORAY PUNT wrote:Good luck asking your questions as that is your right as a member at an AGM , a few on DB Org wouldn't be happy with too many questions asked I bet .



The more questions, the better IMO (as long 'question's aren't the irrational rants like one person went on with) doesn't matter who is in charge, they still need to be accountable to the members. There's no elections because (as far as I know) no one has put their hand up to challenge any of the incumbents.

Expect around 90 -110 k profit by the way.


Interesting. What's your source on that?
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Re: Clubs Financials 2010

Postby Ronnie » Tue Feb 08, 2011 12:09 pm

The Eastern Suburbs Messenger or whatever it's called carries a story this week which briefly mentions a 'likely' profit of around 100k for Sturt.
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