Sturt in Financial Trouble?

[jumbo20]

wow well done CS learnt more from your wrap up than I had known, we really are walking a tightrope one question I still wondered was do you know if we are up to date with the ATO?

[topsywaldron]

Good to see the forum's woken up.

Only took three days.

[csbowes]

wow well done CS learnt more from your wrap up than I had known, we really are walking a tightrope one question I still wondered was do you know if we are up to date with the ATO?

Yes, ATO debt will be paid off in full by EOFY12/13.

So good news.

[UK Fan]

Becoming an afl reserve side would be like no longer existing. I wouldn't support my club if it decided to go down that path. Merge would be the same. I don't understand how old woodville and Torrens supporters can follow the eagles. Best option is survive or die.

Exactly . Abd ofcourse jh would need that explained to him. I'd love halbert to ask that at an Agm I attended.

Vested interests john or are we to believe that was just something that crossed your mind.

[rd]

So some at Sturt think the only solution is to throw in the towel and become the crows reserve side, but also drag the rest of the competition down to sturts standard by nearly halving the salary cap.

I disagree with the sentiment you're implying, that people want to throw in the towel...

... however, your supposition that it would drag the competition down etc remains true. I don't think having reserves side would necessarily be good for the competition, but I also think it might happen regardless.

Many fans (of not just Sturt) would side with the idea of keeping the clubs identity as a reserves side to an AFL team as opposed to just disolving completely and never competing again.

Of course, many would prefer to die with dignity (as they would see it).

I'm really torn on it. But as I've said above, I support investigating it. I'd like some facts from which to base my decision on...

Thanks for the $$$ report CS and the explanation of the various terms - I have only basic home accounting skills - good enough to beat my family at Monopoly -and AGM reports usually dazzle me so I appreciate your time and effort in breaking down the numbers.
Sturt have to do SOMETHING. The SANFL has to do SOMETHING. I don't want Sturt to continue their current mode of survival and collect another five wooden spoons and quietly fold when no one cares - I'd prefer death with some dignity. I don't want to become an AFL reserves team - the Sturt league team playing in the SANFL should be trying to win every game and a premiership - not losing games because the Crows are experimenting and want to see how Tambling plays at full back for a month. But the Crows reserves option may have to be explored if there is no other means of the club staying alive with any sort of respect.

[topsywaldron]

But the Crows reserves option may have to be explored if there is no other means of the club staying alive with any sort of respect.

Would being a reserves team engender any respect for the original club, which exists in name only?

[UK Fan]

But the Crows reserves option may have to be explored if there is no other means of the club staying alive with any sort of respect.

Would being a reserves team engender any respect for the original club, which exists in name only?

The fact sturt fans are willing to endorse this option doesn't bode well for the sanfl comp.

Who would of picked sturt fans as the sell outs ???

[Jim05]

Id personally rather merge with another SANFL club then become an AFL reserves side.
As for the salary cap it should be scrapped not slashed.
As it is the players get paid a pittance at SANFL level, no wonder guys head to ammos or country footy

[UK Fan]

Heres are article just placed on AdelaideNow

http://www.adelaidenow.com.au/news/sout ... 6352075859

Big deal or nothing in it?

Hmmmm, must be Port Adelaide's And thief lack of revenue generationI fault.

Fair point schultzy!!

[The Apostle]

I'm interested in if there's any sponsors who haven't paid up.

Yes... that rumour was confirmed as true.

I'll comment on that later as well...

Any chance you can name and shame the bums???

[Bluedemon]

Good write up CS Bowes?

I spoke to a past player who said to me that Sturt were 2 days before xmas of closing there doors.

I do wonder how a club can get so far into debt, especially with our club getting further and further every year.

Where do you think the club will be in the next 1-2 years CS Bowes?

[whufc]

Great write up CS!!

Sturt can't become the Crows reserves, it would be just delaying the inevitable and would hurt the SANFL comp on its way.

If the club did become the Crows reserves side it would lose its identity completely within 3-4 years, eventually the name, logo and guernsey would eventually go as we have seen in the VFL.

I hate to say it as I don't want to see any clubs fold or merge but could the West Sturt Blue Bloods be on the cards.

[UK Fan]

Great write up CS!!

Sturt can't become the Crows reserves, it would be just delaying the inevitable and would hurt the SANFL comp on its way.

If the club did become the Crows reserves side it would lose its identity completely within 3-4 years, eventually the name, logo and guernsey would eventually go as we have seen in the VFL.

I hate to say it as I don't want to see any clubs fold or merge but could the West Sturt Blue Bloods be on the cards.

Gee I wonder if John Halbert had ever thought like that. Please ask for us CS Bowes ???

Halbert = sellout

[csbowes]

Thanks for the $$$ report CS and the explanation of the various terms - I have only basic home accounting skills - good enough to beat my family at Monopoly

... and beating your daughters at Monopoly is a must, makes you a man!

[csbowes]

But the Crows reserves option may have to be explored if there is no other means of the club staying alive with any sort of respect.

Would being a reserves team engender any respect for the original club, which exists in name only?

The fact sturt fans are willing to endorse this option doesn't bode well for the sanfl comp.

Who would of picked sturt fans as the sell outs ???

Again, I don't think we're selling out, its a desparate situation and people are just looking anywhere for possible answers. No one is putting forward the Crows option as option No.1, people are just saying we should explore it.

That's due diligence there, we'd be stupid to not even look into it, whether we go down that path or not. The SANFL has to look at the league as a whole and ask itself whether it wants to save the league or save the AFL teams.

Plenty of money has gone into them, but I don't see much being invested into the clubs. The SANFL has to stand up to the AFL, when it comes down to it, they need the Crows / Power, we should use that as leverage.

[csbowes]

I'm interested in if there's any sponsors who haven't paid up.

Yes... that rumour was confirmed as true.

I'll comment on that later as well...

Any chance you can name and shame the bums???

Sorry... no can do... for a couple of reasons...

(1) I think I know the name of one company, but I'm not 100% certain, so it'd be wrong to name them.

(2) I think the club should do that themselves.

[csbowes]

Good write up CS Bowes?

I spoke to a past player who said to me that Sturt were 2 days before xmas of closing there doors.

I do wonder how a club can get so far into debt, especially with our club getting further and further every year.

Where do you think the club will be in the next 1-2 years CS Bowes?

Personally, I think the members and supporters will rally and raise around $250K-$350K this season and that will stave off any immediate requirement to close doors, merge or become an AFL reserves team.

We then need the board to come through and turn that $600K plus loss from 2012 into a $200K profit and have that knock off some of the debt tpp. If the board fail to come through with that, then the only hope you can see for the club is a major benefactor bailing them out or the league bailing them out.

In summary, I don't think the supporters can save the club. I think only the board can. So if they fail to do their job, then I think Sturt will likely play its last season around 2015...

... if that happens, I reckon you'll have an 8-team comp with 2 AFL reserves side included.

Who else goes to the wall to make that happen, I'm not sure.

[arthur5038]

It is a pity their plan to play some key home games under lights at Norwood fell through.

If the issue of beer pourage rights is the key
could they look at Richmond
or even a "neutral" Thebarton as an option?

[therisingblues]

Great write up Bowes, you've not only given an account but an interpretation also, so you've put your balls out there for anyone to take a kick at so we can have at least one perspective of the AGM.
Thanks.
Crows reserves? As a few others have observed, it's like another club running around in your colours except worse, it's another club's SECONDS running around in your club's colours. What's the point? If they ever won a flag the most I could claim in the way of happiness would be that a team wearing blue won the flag, and Iike the colour blue. But so far as the old tradition of love for the club, guernsey and all that, it just wouldn't ring true anymore. I reckon I'd follow Carlton if such a thing happened. For my SANFL fix I reckon the Eagles, as their birth date would be closest to our death date, then again maybe South for the fact that we were born out of their territory, and they look
like Carlton.
Before any of that I could spare a few dollars to keep us afloat.

[UK Fan]

Great write up Bowes, you've not only given an account but an interpretation also, so you've put your balls out there for anyone to take a kick at so we can have at least one perspective of the AGM.
Thanks.
Crows reserves? As a few others have observed, it's like another club running around in your colours except worse, it's another club's SECONDS running around in your club's colours. What's the point? If they ever won a flag the most I could claim in the way of happiness would be that a team wearing blue won the flag, and Iike the colour blue. But so far as the old tradition of love for the club, guernsey and all that, it just wouldn't ring true anymore. I reckon I'd follow Carlton if such a thing happened. For my SANFL fix I reckon the Eagles, as their birth date would be closest to our death date, then again maybe South for the fact that we were born out of their territory, and they look
like Carlton.
Before any of that I could spare a few dollars to keep us afloat.

So could fitzroy members . It's all about what the "league" wants.

And trust me when I say we(SANFL) seem committed to suicide .