by Wedgie » Mon Dec 15, 2014 9:13 pm
Armchair expert wrote:Such a great club are Geelong
by LPH » Mon Dec 15, 2014 9:33 pm
by Wedgie » Mon Dec 15, 2014 10:15 pm
LPH wrote:My reading of the loss is that much of it is the 'Footballers Club'.
Significantly less Pokie Revenue - virtually the total $160K
Do you read it differently?
I notice Bar Revenue is down too - wonder if this correlates with the removal of the TAB facility?
Armchair expert wrote:Such a great club are Geelong
by blueandwhite » Mon Dec 15, 2014 10:17 pm
by southee » Tue Dec 16, 2014 2:40 am
blueandwhite wrote:footy club -160k
licensed club -282k
total... - $442k - if Im reading it correctly....I was at the meeting and Im still in shock.
by Booney » Tue Dec 16, 2014 8:40 am
southee wrote:blueandwhite wrote:footy club -160k
licensed club -282k
total... - $442k - if Im reading it correctly....I was at the meeting and Im still in shock.
Speechless ..........
by Spargo » Tue Dec 16, 2014 10:42 am
JK wrote:Sure clubs need to make decisions that bring onfield improvement, but even as an outsider looking at a club like the Bays, once the club started embracing the Snouts and everyday supporter their fortunes appeared to soar.
by JK » Tue Dec 16, 2014 10:52 am
Spargo wrote:JK wrote:Sure clubs need to make decisions that bring onfield improvement, but even as an outsider looking at a club like the Bays, once the club started embracing the Snouts and everyday supporter their fortunes appeared to soar.
And they then went and undid all that good work achieved under the Metcalf regime when never consulting members on the clubs decision to support AFL reserves in our comp.
Only an "information" night telling us what they'd done and then answering minimal questions showing nil respect to those who tip money into the club year after year.
by saintal » Wed Dec 17, 2014 2:29 pm
by heater31 » Wed Dec 17, 2014 2:31 pm
by johntheclaret » Wed Dec 17, 2014 4:38 pm
heater31 wrote::shock: not having much luck with the Commercial operations post....
by holden78 » Fri Dec 19, 2014 7:44 am
Spargo wrote:JK wrote:Sure clubs need to make decisions that bring onfield improvement, but even as an outsider looking at a club like the Bays, once the club started embracing the Snouts and everyday supporter their fortunes appeared to soar.
And they then went and undid all that good work achieved under the Metcalf regime when never consulting members on the clubs decision to support AFL reserves in our comp.
Only an "information" night telling us what they'd done and then answering minimal questions showing nil respect to those who tip money into the club year after year.
by Mark_Beswick » Fri Dec 19, 2014 3:25 pm
by Dutchy » Fri Dec 19, 2014 9:13 pm
saintal wrote:
Secondly, the club has recorded a loss for the 2014 year of approximately $443,000. This is a significant sum comprised of both a blowout in expenses and a below budget income performance. Losses incurred over the last two years have eroded reserves built up over the previous five years. The Club’s balance sheet remains very strong, but the assets are illiquid and do not assist the tight trading conditions experienced this year.
by Jim05 » Fri Dec 19, 2014 9:35 pm
Dutchy wrote:saintal wrote:
Secondly, the club has recorded a loss for the 2014 year of approximately $443,000. This is a significant sum comprised of both a blowout in expenses and a below budget income performance. Losses incurred over the last two years have eroded reserves built up over the previous five years. The Club’s balance sheet remains very strong, but the assets are illiquid and do not assist the tight trading conditions experienced this year.
How can anyone blow their expenditure in the current economy? Its the one thing you can control.
by The Panther » Mon Dec 22, 2014 5:44 pm
blueandwhite wrote:footy club -160k
licensed club -282k
total... - $442k - if Im reading it correctly....I was at the meeting and Im still in shock.
by Big Phil » Tue Dec 23, 2014 5:48 am
The Panther wrote:Don't panic I took the missus to the club for lunch - A few more of those and the cash flow problem should be sorted
by Dogwatcher » Tue Dec 23, 2014 7:46 am
by mal » Tue Dec 23, 2014 9:53 am
by Dogwatcher » Tue Dec 23, 2014 9:55 am
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