Proposed model for the Magpies - Power Joint Venture?

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Re: Proposed model for the Magpies - Power Joint Venture?

Postby The Sleeping Giant » Wed Feb 10, 2010 10:41 am

You only have to go to Footy Park in July, on a freezing cold Sunday afternoon to find the former die hard Magpie supporters. I can see them now, in their teal ponchos.

Their the ones who could save their "former" club.

And you might find 1 or 2 all warm and cosy in a corporate box.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby sjt » Wed Feb 10, 2010 10:42 am

Okay, so plan A was flawed, for many reasons.
Now time for Port Magpies to come up with a plan B. They have a positive net asset position, so a positive light can be put on their situation. Though Rucci, is already waving the white flag and talking of a "difficult farewell season", this defeatist, roll over and die attitude is pretty shameful from a supposed Port supporter.
Time to step up to the plate! If ever was a time to show that supposed Magpie spirit it would be now. Many businesses, individuals have "dug" themselves out of worse situations.
Cometh the moment, cometh the man (or club).

Good luck Timmy Ginever, Booney and co.

P.S Rucci time to jump ship. Your blame game and pessimism adds no value.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby devilsadvocate » Wed Feb 10, 2010 10:43 am

hondo71 wrote:It won't be able to sell 15000 memberships for a start and, if it did, it would be a once off

I don't think membership numbers are the answer here. I understand PAMFC already do OK here. NAFC also do well and yet our total revenue from memberships is around $110K. Take from that the admin costs of mail-outs, information, etc and I guess maybe half of that revenue disappears.

I don't know if any modern club survives or dies on its membership revenue alone.

It's easy to say that the members aren't supporting the club and that's the cause of this. It's true that some old members have stopped supporting, but the club needs larger, long term revenue streams (ie, pokies).


Agreed. Selling 15,000 would be a one-off so is not the answer.

I'm not sure what the answer is to a long term revenue stream - other than pokies, which is not possible in this case.

How about Port and the SANFL gets bold with its programming. Have Friday Night football every week. Saturday night football every week. Sunday afternoon football every week.

A large problem currently is local football conflicts. I've always played on Saturdays, so have very rarely been able to get along to a PAMFC game. I attended their Friday night games religiously.

This also opens up TV broadcasting opportunities, which creates advertising revenue both from the rights sold to the TV station and clubs being able to bring in additional cash from sponsors via greater exposure.

How many SANFL fans here would watch games not involving their club on a Friday or Saturday night, in preference to the rubbish dished up at AFL level 75% of the time these days? I'd much rather see CDFC v GFC on a Friday night than Fremantle v Sydney on the box for example.

Thoughts?
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby The Sleeping Giant » Wed Feb 10, 2010 10:44 am

Newman wrote:Just looked at the SANFL draw Port scheduled to play North Adelaide round 23 at Alberton, if this is the magpies last game would think there might a bit of spice to this game!!!


Glad you are up to date now. ;)
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby The Sleeping Giant » Wed Feb 10, 2010 10:47 am

devilsadvocate wrote:I'd much rather see CDFC v GFC on a Friday night than Fremantle v Sydney on the box for example.

Thoughts?


Change it to Fremantle v Port and you got yourself a deal.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby aceman » Wed Feb 10, 2010 10:54 am

kookas wrote:Sturt also did it in 1995 when they had a rally at Unley Oval to get all the support for the club survived.



Yeah but for how much longer? Not sure they're future is 100% assured either if the pundits are correct..
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby sjt » Wed Feb 10, 2010 10:55 am

25,000 fans at one Power game. If each were to contribute $10 on average to the Magpies that would equate to $250,000. What about if they did it twice in a year? Lots of options for them that are not available to other clubs. $10 once a year, a small price to pay if you once barracked for the Magpies.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby on the rails » Wed Feb 10, 2010 11:02 am

sjt wrote:25,000 fans at one Power game. If each were to contribute $10 on average to the Magpies that would equate to $250,000. What about if they did it twice in a year? Lots of options for them that are not available to other clubs. $10 once a year, a small price to pay if you once barracked for the Magpies.


Hate to be negative but you had better go and look at how much money it costs to fund and run a SANFL club for one season in this day and age. Even if what you say actually occured and assuming that each of those 25,000 fans was an adult each able to contribute $10, an total annual return on that proposal would be at best up around $500K? Without any other viable income stream e.g. a viable gaming operation - that amount would hardly make a difference if the truth be known.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Hondo » Wed Feb 10, 2010 11:06 am

Exactly

The tin rattling stuff (even if it's $250K) is not the answer. it's not enough and it's not sustainable. As I hear it they've been tin rattling already for years and if you become reliant on donations like that there's no future. It needs something concrete and sustainable.

I don't know what the answer really is. A white knight is about all I can see. Or a consortium of white knights.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby stan » Wed Feb 10, 2010 11:07 am

hondo71 wrote:Exactly

The tin rattling stuff (even if it's $250K) is not the answer. it's not enough and it's not sustainable. As I hear it they've been tin rattling already for years and if you become reliant on donations like that there's no future. It needs something concrete and sustainable.

I don't know what the answer really is. A white knight is about all I can see. Or a consortium of white knights.


We all know Pokies are the answer, its the only way SANFL clubs will survive.
Read my reply. It is directed at you because you have double standards
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Dirko » Wed Feb 10, 2010 11:09 am

The commission has not approved the merger.....
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby devilsadvocate » Wed Feb 10, 2010 11:17 am

SJABC wrote:The commission has not approved the merger.....


hondo71 wrote:A white knight is about all I can see. Or a consortium of white knights.


Enter the White Knights [-o< [-o< [-o<
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby sjt » Wed Feb 10, 2010 11:25 am

on the rails wrote:
sjt wrote:25,000 fans at one Power game. If each were to contribute $10 on average to the Magpies that would equate to $250,000. What about if they did it twice in a year? Lots of options for them that are not available to other clubs. $10 once a year, a small price to pay if you once barracked for the Magpies.


Hate to be negative but you had better go and look at how much money it costs to fund and run a SANFL club for one season in this day and age. Even if what you say actually occured and assuming that each of those 25,000 fans was an adult each able to contribute $10, an total annual return on that proposal would be at best up around $500K? Without any other viable income stream e.g. a viable gaming operation - that amount would hardly make a difference if the truth be known.


Agreed it's not the long term answer. But I disagree that $500,000 would hardly make a difference. Money makes money. How much was the Power going to contribute ? What was the cost saving benefit the merger would provide over one year?
How much would they need to make their current gaming operation "more" viable?
They rely on a divvy from the SANFL, what's that about $425,000 ? Of course it would make a difference, truth be known.
How many pokie days at the POW would it take to clear $500,000 received by "rattling the can?
$500,000 over two days or two matches I don't believe would be too onerous.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Hondo » Wed Feb 10, 2010 11:32 am

sjt wrote:$500,000 over two days or two matches I don't believe would be too onerous.


If it was that easy to raise $500,000 from your members every club would be doing it. Pass the hat around at a sold out Crows game and divide that by 8 and hand it to the 8 clubs too? Unfortunately, a chunk of those same Power members want the PAM gone anyway.

Sure, if Power members fork over a collective $500K each year on top of existing contributions everything's great!

But, in the real world, you could maybe scrounge $100K once ... maybe $50K the next time ... slowly it dies off.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Sojourner » Wed Feb 10, 2010 12:42 pm

Why cant each of the 9 SANFL clubs make a start by going in together and getting a pub in the city and splitting the profits 9 ways? It might only be a small revenue stream yet it all starts somewhere!
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby goraw » Wed Feb 10, 2010 12:49 pm

im glad the merger didnt go ahead BUT, im not for 1 second happy that the magpies are near death either. ive said it b4 but why cant the SANFL help them out with a loan or get someone look into their books and come up with something. FFS get over the fact that they didnt help other clubs and sort it out.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby JK » Wed Feb 10, 2010 12:55 pm

goraw wrote:im glad the merger didnt go ahead BUT, im not for 1 second happy that the magpies are near death either. ive said it b4 but why cant the SANFL help them out with a loan or get someone look into their books and come up with something. FFS get over the fact that they didnt help other clubs and sort it out.


Im %100 with you on the theme of your comments mate.

However, noone will ever offer a loan unless they can study the books and reasonably see the $$ being returned (with interest).

Why don't the SANFL volunteer to takeover the Magpie Administration for however long it takes to get them back on their feet?
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby goraw » Wed Feb 10, 2010 1:03 pm

Constance_Perm wrote:
goraw wrote:im glad the merger didnt go ahead BUT, im not for 1 second happy that the magpies are near death either. ive said it b4 but why cant the SANFL help them out with a loan or get someone look into their books and come up with something. FFS get over the fact that they didnt help other clubs and sort it out.


Im %100 with you on the theme of your comments mate.

However, noone will ever offer a loan unless they can study the books and reasonably see the $$ being returned (with interest).

Why don't the SANFL volunteer to takeover the Magpie Administration for however long it takes to get them back on their feet?



can ya tell i dont run a business? ;)

but yes takeover the pies till they get on their feet is pretty reasonable i think.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby Booney » Wed Feb 10, 2010 1:05 pm

If you want to go quickly, go alone.

If you want to go far, go together.
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Re: Proposed model for the Magpies - Power Joint Venture?

Postby on the rails » Wed Feb 10, 2010 1:21 pm

Constance_Perm wrote: Why don't the SANFL volunteer to takeover the Magpie Administration for however long it takes to get them back on their feet?


By meaning volunteering do you mean for free but we all know you cannot run a club for free and if you then cover their Admin costs we are back to one of the biggest sticking point negatives re the merger proposal. The 8 other clubs re the Merger was that any money forwarded to the Power from the SANFL as budgeted for in the next two years would also be used to fund the Magpies if it was to be one club so essentially the SANFL would be funding it in any case. No other club gets that sort of help or was offfered in the past so why should the Magpies.
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