doggies4eva wrote:I must admit that I am not entirely accross this issue. As an SANFL supporter I see the Crows and Power as cash cows to support the SANFL comp. Given that Footy Park is a 50,000 seat stadium, they need to find a way to substantially fill this stadium on a regular basis. I would imagine that the 3-4,000 patrons to an SANFL game (not paying anywhere near the cost of an AFL entrance ticket) would not be enough to make the stadium financially viable.
What I would like to know - a link to a reliable site would be good are answers to the following:
What does the SANFL make out of Pt Power's games at AAMI?
What are the forecasted losses for Port over the coming years? Can the claim of $4M plus losses really be substantiated? Thats astounding.
I'd like to carefully understand the business because I think it may well be crucial for the long-term interests of the game.
Can anyone help with the above?
I can't find (at this stage) any financial info on the SANFL website.
Of interest though is PAFC 2008 Yearbook, which has it's financial position as at Dec 2008
http://www.portadelaidefc.com.au/2008%2 ... fault.aspx2 things caught my eye when I had a look at this:
1. PAFC made a $309K loss on match revenue (ie includes Footy park receipts) in 2008
2. PAFC have net assets of $8.8M ($17M assets less $8.2M liabilites)
I tried to get the Crows 2008 Yearbook online but you have to buy it from the CrowsMania store for $7.95
Financial figures quoted by Rucci:
PAFC generates $4M revenue per yer to the SANFL ($40M since 1997)
http://www.news.com.au/adelaidenow/stor ... 28,00.htmlYou're on the right track D4eva ... just need the relevant financial info out there to make an informed comment about the situation.
Dunno, I’m just an idiot.
I’m only the administrator of the estate of dedja