by spell_check » Sun Mar 22, 2009 1:18 pm
by PhilH » Sun Mar 22, 2009 1:35 pm
by bayman » Sun Mar 22, 2009 1:48 pm
by Mickyj » Sun Mar 22, 2009 1:55 pm
bayman wrote:agree with both & it is a disgrace considering most 'football experts' got their start with sanfl football they seem to have no respect or loyalty from where they came from & to why they have their jobs now
we people that have kids or are uncles, aunties etc must take the kids to sanfl football (even if it's a chore) & 'blood' them into the sanfl culture & it does work little bayman has no interest in afl (apart from bryce gibbs & richard douglas)
by Hazydog » Sun Mar 22, 2009 3:23 pm
by bayman » Sun Mar 22, 2009 3:30 pm
by Brucetiki » Sun Mar 22, 2009 3:43 pm
by G » Sun Mar 22, 2009 3:55 pm
by bayman » Sun Mar 22, 2009 3:59 pm
G wrote:Some of you guys are getting carried away arent you ?????
-I havent read anywhere that anyone wants to remove the SANFL![]()
by dash61 » Sun Mar 22, 2009 7:16 pm
by JK » Sun Mar 22, 2009 7:24 pm
by southee » Sun Mar 22, 2009 7:52 pm
by spell_check » Sun Mar 22, 2009 7:54 pm
Constance_Perm wrote:I reckon you're spot on Spelly ... Finances have always been important, but both the AFL and SANFL are solely driven by it these days (regardless of how they dress it up).
Between the 9 SANFL clubs there's quite an income stream, and guess where the big boys would prefer to see that income going?
Despite being fierce competitors on the field, I think it's in the best interest's of all SANFL clubs to have good relations, particularly these days.
by Dogmatic » Sun Mar 22, 2009 8:09 pm
by bayman » Sun Mar 22, 2009 8:15 pm
by Dutchy » Sun Mar 22, 2009 8:21 pm
spell_check wrote:In fact, even discounting the previous years where clubs made profits, too.
Hypothetically, a club a few years ago broke even with accumulated funds.
The next year, they reported a $60,000 net profit.
The year after they reported a $150,000 net profit.
However, this year gone, they reported a $100,000 loss.
So the accumulated funds is at $110,000 to the good.
Yet all that is paid attention to is the $100,000 loss.
by Hondo » Sun Mar 22, 2009 8:29 pm
spell_check wrote:In fact, even discounting the previous years where clubs made profits, too.
Hypothetically, a club a few years ago broke even with accumulated funds.
The next year, they reported a $60,000 net profit.
The year after they reported a $150,000 net profit.
However, this year gone, they reported a $100,000 loss.
So the accumulated funds is at $110,000 to the good.
Yet all that is paid attention to is the $100,000 loss.
by spell_check » Sun Mar 22, 2009 8:29 pm
Dutchy wrote:spell_check wrote:In fact, even discounting the previous years where clubs made profits, too.
Hypothetically, a club a few years ago broke even with accumulated funds.
The next year, they reported a $60,000 net profit.
The year after they reported a $150,000 net profit.
However, this year gone, they reported a $100,000 loss.
So the accumulated funds is at $110,000 to the good.
Yet all that is paid attention to is the $100,000 loss.
like anything Spelly a loss is a concern if it cant be turned around, you can only cover losses from built up capital for so long
by Pseudo » Sun Mar 22, 2009 8:34 pm
Constance_Perm wrote:Despite being fierce competitors on the field, I think it's in the best interest's of all SANFL clubs to have good relations, particularly these days.
by spell_check » Sun Mar 22, 2009 8:40 pm
hondo71 wrote:spell_check wrote:In fact, even discounting the previous years where clubs made profits, too.
Hypothetically, a club a few years ago broke even with accumulated funds.
The next year, they reported a $60,000 net profit.
The year after they reported a $150,000 net profit.
However, this year gone, they reported a $100,000 loss.
So the accumulated funds is at $110,000 to the good.
Yet all that is paid attention to is the $100,000 loss.
The problem is we now have a very serious financial crisis and Aust is close to slipping into recession, if it isn't already
If you lost money in 2008, chances are 2009 and 2010 will be the same, if not worse
That's why there's much more scrutiny on financial results than before - the money is drying up across the board.
The problem with sporting clubs is that they are often asset rich (cash tied up in facilities) but cash poor. Port Power have accumulated funds of $4m yet they feel that need $2-$3m extra cash over the next 3 years just to keep money in the bank, despite the high value of their assets.
You can either take the scrutiny on financial results as 1 a conspiracy by the AFL to take over the SANFL or 2 an attempt to make sure our comp survives intact at all
Maybe the answer is somewhere in the middle?
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