D-DAY --- SA Football Commission Briefing This Afternoon

[Wedgie]

Pray Port Adelaide gets 8000 extra fans plus someone who can run the club who isnt clueless.

8000?
Try about 15,000 more than they're getting to some games this year and that will be to just break even assuming everything else goes right which it won't.

[once_were_warriors]

Sorry, should have clarified. The SANFL will avoid going further into debt with any institution that wants 10% or more interest...

My point really is, without these grants/loans, where would footy in SA be in 3-5 years?

It would be in a big pile of poo without it, because all of the SANFL's assets are illliquid.

However the financial state of Football in SA minus the Power's financial problems would actually not be too bad.

[Mopar Dog]

Get the Tasmanian Gov to pay out Ports debt and ship them over to become the Port Arthur Power.AFL can essentially kill two birds with the one stone with this move.

Its just a matter of when for this to happen not if anymore with Port Adelaide.

You believe this, truly?

The AFL have just spent millions developing and creating second sides in NSW and QLD, the non traditional Aussie rules staates. Do you truly believe they would leave one of the aussie rules heart lands with only one side?

I think the AFL will do all it can to continue it's support of Port Adelaide, in turn, SA being a two club state. No doubt about that at all.

Yep. When the AFl realises Ports financial position is not changing by the move to Adelaide Oval and they get sick of wasting $3 mill a year on a company thats debt isn't reducing.

What other options will the AFL have.

If Tassie offers Port a clear stadium deal and will pay off all of Ports current debt to take control of the licence. What choice does Port/SANFL/AFL really have at the end of the day.

They could negotiate to play a couple of token games back in sa at Adelaide Oval a year. Where the club forsees they can draw bigger crowds ie showdowns.

Kind of like the fitzroy/lions south melb/sydney mergers where essentially the club has two bases.

I think its a matter of "when" ports gets to this point with its finances. Not "if".

[PhilH]

Upon a night's reflection I think the deal is reasonable.

All up this deal is worth $16.5 million

The AFL was never going to just give this as a 'gift' whilst the SANFL remains in such an asset rich (but cash poor) position.

However it has given $3m unconditionally without expectation of return.

The rest is interest free until 2014 and the SANFL won't need to start paying it off until they are in a position to do so.

Yes the SANFL will hit 2014 further in debt BUT in a much better position to pay it off by
- stadium returns from Adelaide Oval (SANFL owns football part of SMA not AFL clubs)
- redevelopment of West Lakes precinct
- possible transition of licences

Yes the licensces will be reviewed next year but
- thats part of current governence model which needs reviewing
- the review can be done in calmer conditions as everyone looks forward to a structure that will optimise South Australian football rather than under current financial uncertainty, media circus and blame games.

From a SANFL club viewpoint IT'S not the AFL's job to guarantee the 9 club dividends. It is the AFL's role to ensure that SA football receives a due portion of game development money and that has been promised (without details)

[HOORAY PUNT]

Im probably missing something here, but if the local AFL clubs get handed their own licenses, dont they then become the AFL's responsibility and all funds generated from the sale of West Lakes can remain with the SANFL? (in which case it wouldn't be the end of the world, far from it)

That is how I also see it but the licences should not just be handed back , they should come at a cost and that would have to be another transaction .They just can't say "righto you owe us x million so give us the licences " .

[JK]

Im probably missing something here, but if the local AFL clubs get handed their own licenses, dont they then become the AFL's responsibility and all funds generated from the sale of West Lakes can remain with the SANFL? (in which case it wouldn't be the end of the world, far from it)

That is how I also see it but the licences should not just be handed back , they should come at a cost and that would have to be another transaction .They just can't say "righto you owe us x million so give us the licences " .

For sure I agree, poorly worded on my behalf as I didn't mean to literally hand them over for nix

[HOORAY PUNT]

Im probably missing something here, but if the local AFL clubs get handed their own licenses, dont they then become the AFL's responsibility and all funds generated from the sale of West Lakes can remain with the SANFL? (in which case it wouldn't be the end of the world, far from it)

That is how I also see it but the licences should not just be handed back , they should come at a cost and that would have to be another transaction .They just can't say "righto you owe us x million so give us the licences " .

For sure I agree, poorly worded on my behalf as I didn't mean to literally hand them over for nix

Not at all JK , I wasn't implying you meant that but I get the feeling that is what may occur which would be extremely disappointing.

[JK]

Im probably missing something here, but if the local AFL clubs get handed their own licenses, dont they then become the AFL's responsibility and all funds generated from the sale of West Lakes can remain with the SANFL? (in which case it wouldn't be the end of the world, far from it)

That is how I also see it but the licences should not just be handed back , they should come at a cost and that would have to be another transaction .They just can't say "righto you owe us x million so give us the licences " .

For sure I agree, poorly worded on my behalf as I didn't mean to literally hand them over for nix

Not at all JK , I wasn't implying you meant that but I get the feeling that is what may occur which would be extremely disappointing.

I think the SANFL will get "something" for them when the day comes, but how close it is to their actual worth I'm not sure.

[Dutchy]

“I want to again state for the record the clear position of the AFL Commission is that the best model for the national competition is to have two strong well-run clubs in the Adelaide Crows and Port Adelaide.”

Interesting choice of words...

[HOORAY PUNT]

http://www.adelaidenow.com.au/sport/afl ... 6085126982

[Apachebulldog]

Mr Demetriou said the commercial arrangement included:
A grant to the Port Adelaide Football Club from the AFL of $1 million for each of the three years (2011, 2012 and 2013)
A loan to the SA Football Commission from the AFL of $2 million per year for each of the three years (2011, 2012 and 2013) to be provided as grants to the Port Adelaide Football Club, representing a total grant to the club of $9 million over three years
The AFL to provide a facility for the SA Football Commission to draw up to $1.5 million per year for three years (2011, 2012 and 2013)
The SA Football Commission will provide a financial package valued at $1 million per year to the Adelaide Football Club over three years (2012, 2013 and 2014), representing a total contribution to the Crows of $3 million.

This does not make sense ??? a loan to SANFL so they can provide the money to the Power and Crows

AFL to Power 3 million grant over 3 years ?
SANFL to Power 6 million over 3 years ?
AFL to SANFL 6 million loan ?
SANFL to Crows 3 million over 3 years ?

How come the AFL does not cover the lot its their AFL clubs in their comp and they have the Billions of Dollars ?????


Why

[once_were_warriors]

Mr Demetriou said the commercial arrangement included:
A grant to the Port Adelaide Football Club from the AFL of $1 million for each of the three years (2011, 2012 and 2013)
A loan to the SA Football Commission from the AFL of $2 million per year for each of the three years (2011, 2012 and 2013) to be provided as grants to the Port Adelaide Football Club, representing a total grant to the club of $9 million over three years
The AFL to provide a facility for the SA Football Commission to draw up to $1.5 million per year for three years (2011, 2012 and 2013)
The SA Football Commission will provide a financial package valued at $1 million per year to the Adelaide Football Club over three years (2012, 2013 and 2014), representing a total contribution to the Crows of $3 million.

This does not make sense ??? a loan to SANFL so they can provide the money to the Power and Crows

AFL to Power 3 million grant over 3 years ?
SANFL to Power 6 million over 3 years ?
AFL to SANFL 6 million loan ?
SANFL to Crows 3 million over 3 years ?

How come the AFL does not cover the lot its their AFL clubs in their comp and they have the Billions of Dollars ?????


Why

Because the crows and power hold sub-licences , the SANFL hold the licences and therefore are commercially responsible for the well being of the two AFL clubs in Adelaide.
In real life the licencee would'nt give two shits on the well being of the sublicencee. If your insolvent move along and let someone else have a crack.
However this is football and obviously a little bit different.

[Booney]

Mr Demetriou said the commercial arrangement included:
A grant to the Port Adelaide Football Club from the AFL of $1 million for each of the three years (2011, 2012 and 2013)
A loan to the SA Football Commission from the AFL of $2 million per year for each of the three years (2011, 2012 and 2013) to be provided as grants to the Port Adelaide Football Club, representing a total grant to the club of $9 million over three years
The AFL to provide a facility for the SA Football Commission to draw up to $1.5 million per year for three years (2011, 2012 and 2013)
The SA Football Commission will provide a financial package valued at $1 million per year to the Adelaide Football Club over three years (2012, 2013 and 2014), representing a total contribution to the Crows of $3 million.

This does not make sense ??? a loan to SANFL so they can provide the money to the Power and Crows

AFL to Power 3 million grant over 3 years ?
SANFL to Power 6 million over 3 years ?
AFL to SANFL 6 million loan ?
SANFL to Crows 3 million over 3 years ?

How come the AFL does not cover the lot its their AFL clubs in their comp and they have the Billions of Dollars ?????

Why

The SANFL, as the licence holder, is responsible for the well being of the two clubs. The AFL has used this as a little reminder to the SANFL that, for now, this is still the case.

[Mopar Dog]

Mr Demetriou said the commercial arrangement included:
A grant to the Port Adelaide Football Club from the AFL of $1 million for each of the three years (2011, 2012 and 2013)
A loan to the SA Football Commission from the AFL of $2 million per year for each of the three years (2011, 2012 and 2013) to be provided as grants to the Port Adelaide Football Club, representing a total grant to the club of $9 million over three years
The AFL to provide a facility for the SA Football Commission to draw up to $1.5 million per year for three years (2011, 2012 and 2013)
The SA Football Commission will provide a financial package valued at $1 million per year to the Adelaide Football Club over three years (2012, 2013 and 2014), representing a total contribution to the Crows of $3 million.

This does not make sense ??? a loan to SANFL so they can provide the money to the Power and Crows

AFL to Power 3 million grant over 3 years ?
SANFL to Power 6 million over 3 years ?
AFL to SANFL 6 million loan ?
SANFL to Crows 3 million over 3 years ?

How come the AFL does not cover the lot its their AFL clubs in their comp and they have the Billions of Dollars ?????

Why

The SANFL, as the licence holder, is responsible for the well being of the two clubs. The AFL has used this as a little reminder to the SANFL that, for now, this is still the case.

And the AFl as the owner of all clubs in the AFL obligations are ??

Whats Port Adelaide's obligation as an AFL club BTW ??

[Macca19]

The AFL doesnt own the clubs.

[Go Legs]

The $12.0m rubbish bin I spoke of earlier is now $16.5m in just 24 hours

[HOORAY PUNT]

The 3 million has nothing at all to do with licence holders or sub licences or whatecer else has been mentioned above. It has to do with The Crows selling corporate boxes and signage at AAMI stadium which in turn means the SANFL basically subsidise that money so the AFL are simply providing that money back to the SANFL for that loss of income.

Andrew Demetriou has been very pointed in his commennts today and now has mentioned there is conditions on the money . Obviously Haysman was one of those conditions . He said he thought The Crows were very well run off field. Quite damning for Port .

[Gozu]

The AFL doesnt own the clubs.

Technically yes but it is certainly in the AFL's interests to look after the clubs as it now has signed a five year $1.2 billion TV deal for a 18 team competition, i.e. it can't let any club fold during that period if it doesn't want to breach the contract.

[dedja]

The Commonwealth government doesn't run the State governments either, but we all know what happens at grant commission time each year.