SANFL Finances

[SABRE]

Absolutely NO-ONE hates the bullsh!t, plastic, made up crap Crows & Power teams as much as me, but if I were
running these arsehole mobs and the cowardly members of the SANFL from a purely commercial point of view,
I'd be turning the members stands into a high tech luxury set of yuppy towers to maximise profits for evermore.
Honestly, the Vic bullshit AFL, SANFL and all local clubs, have absolutely NO IDEA how to run a business !!!
I hope ALL the local clubs secede from the sanfl /afl, and run a West Lakes developement in total abhorance of
the Vic's expanded VFL / AFL trainwreck !!!

Doesn't ANYONE remember why the VFL started stealing our players and destroying the SANFL in the first place ???
Wake up! They couldn't even run their own competition at a profit and were going utterly broke without
invading interstate resources !!! I just don't understand current traitorus generations. GET BEHIND S.A. people !!!
What a pity our younger S.A. followers have NO IDEA about the truth !!!!!! Especially, c'mon REAL Port people,
face the truth and put South Australia first just like Bruce Webber should have done !

DEATH TO THE VIC / AFL !!!!!!!!

INDEPENDENT SOUTH AUSTRALIA FOREVER !!!

Wed Jul 10, 2013 2:12 am

Big Tuesday night!

Yep, quite right Jimmy.
It's amazing what makes sense with a foul mood and a skinful.

Very seedy today.

[Aerie]

Dont know the details of the SMA income and AFL licence sale but would hope with these they could payoff/reduce debt that is no doubt weighing them down and the servicing of these now can be put back into grass roots footy ASAP.

Does anyone remember if the $ given to the Power was a loan or a grant?

It was a grant from the SANFL. A loan to the SANFL from the AFL helped fund it. http://www.worldfootynews.com/article.p ... 0210208592

Have read several articles which says, while the SANFL will help SANFL clubs get their house in order, they won't provide bail out money.

Asset rich and cashflow poor, with marginal financial performance in recent years.

So basically most cash flow relates to how well the AFL clubs are doing, besides any assets they might sell, until they can develop West Lakes to start generating income.

[Dutchy]

Yeah I knew they had to borrow to help Port out but wasn't sure if they had to pay it back.

Yeah Im sure a few years back they did their budgets on both teams drawing significantly more people than they currently do. That has probably hurt, like many businesses during the GFC.

[CUTTERMAN]

This fact that it is a loan that Port got via the SANFL from the AFL and has to be paid back is constantly overlooked in the media. Journos constantly say how much money the AFL has pumped into Port but never state that its actually a loan. Most are Victorian scribes like Patrick Smith.....no idea at all.

[dedja]

Port get the cash, SANFL has to service the loan ... Port don't have to pay back a cent

[mickey]

Port get the cash, SANFL has to service the loan ... Port don't have to pay back a cent

Sounds fair enough

[Booney]

Port get the cash, SANFL has to service the loan ... Port don't have to pay back a cent

Sounds fair enough

Errr....ummm.....errr.....

[dedja]

Port get the cash, SANFL has to service the loan ... Port don't have to pay back a cent

Sounds fair enough

[smac]

Sounds like the deal my ex wife and I made.

Port are carrying on a bit like her as well, still wanting more. I told her to **** off and it started getting better. Just saying.

[therisingblues]

Sounds like the deal my ex wife and I made.

Port are carrying on a bit like her as well, still wanting more. I told her to **** off and it started getting better. Just saying.

Precisely! Which is why I no longer care if the Magpies don't continue in the SANFL. Cut the losses, tell em to **** off. The longer they stay the more trouble they'll make.
Before this one club bullshit began I would've given my own money to save the Magpies, I couldn't give a shit anymore.

[SDK]

Totally agree I feel the same way, was desperately keen to save the Magpies but now they have stabbed us in the back once again ..... cut out the cancer and piss them off !

[CENTURION]

Asset rich and cashflow poor, with marginal financial performance in recent years.

easily corrected by selling the licences, investing in Footy Park & surrounding land, investing money from Adelaide Oval & spending money on SANFL clubs that need it.

[Apachebulldog]

Comment SABRE yeah send that to Rucci and Mcdermott !!!

[holden78]

After last week's effort, the League won't miss the Magpies and their whingeing followers as Norf's Grog Hogs will fill the void beautifully

[on the rails]

After last week's effort, the League won't miss the Magpies and their whingeing followers as Norf's Grog Hogs will fill the void beautifully

Ohh so you not allowed to complain about a very poor umpiring decision that cost a game and gifted the Eagles a lucky win???

I will read with interest your complaints when the Eagles next lose?

[The Sleeping Giant]

After last week's effort, the League won't miss the Magpies and their whingeing followers as Norf's Grog Hogs will fill the void beautifully

Frontrunners have been thick on the ground this week.