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Norwood make loss of $434686!

PostPosted: Thu Dec 08, 2005 8:18 pm
by Wedgie
Looking at norwoodredlegs.com it seems the Annual Report came out today and the club made about a half a million dollar loss.
Is it panic time at Norwood?
I know they had a heap of $$$ to prop up their assets last year but this would take a huge chunk of that out surely?

PostPosted: Thu Dec 08, 2005 8:50 pm
by westside
A whole bunch of blokes are going to have a dig here, which is really sad because Norwood being in this state damages the entire competition. :!:

$570,000 loss apparently. That's a shocker.

PostPosted: Thu Dec 08, 2005 8:54 pm
by Thebbie69
Neville Roberts strikes again. Anything this pri** gets involved goes broke. Just look at his track record in business. Well done Neville.

PostPosted: Thu Dec 08, 2005 9:35 pm
by Dog_ger
$570,000 loss and an opposition supporter can't buy a ticket to go into the vacant members stand and watch the game..? I'm sorry, something isn't right...!

PostPosted: Thu Dec 08, 2005 10:15 pm
by Jman
Wouldnt have anything to do with the classy clubroms would it.
Oh thats right where are they. Norwood suffer in your jocks i hear Dale Lewis ran off with the money and is shouting Milly's breakfast every day. Boy would that add up.

PostPosted: Thu Dec 08, 2005 10:21 pm
by topsywaldron
And we still finished above you. Says a lot about your pissant little club doesn't it?

PostPosted: Thu Dec 08, 2005 10:30 pm
by Jman
boo hoo i've stirred up the hornets nest now havnt i.
did i make u a little sad, well to bad suffer in your jocks hope your club goes broke.

PostPosted: Thu Dec 08, 2005 10:36 pm
by Jimmy
well lets all hope norwood can turn it around, but not too much ;)

PostPosted: Thu Dec 08, 2005 10:48 pm
by Rooster_cracker
Im shore COOPERS Getting on board for five years will help em out. 8) 8)

PostPosted: Thu Dec 08, 2005 11:47 pm
by rod_rooster
Jman!!! wrote:boo hoo i've stirred up the hornets nest now havnt i.
did i make u a little sad, well to bad suffer in your jocks hope your club goes broke.


I wouldn't like to see any side go broke and be lost to the comp but rest assured South wouldn't be missed like Norwood would be. Back in your box!

PostPosted: Fri Dec 09, 2005 6:20 am
by Magpiespower
Must be close to a record loss posted by an SANFL club...

PostPosted: Fri Dec 09, 2005 8:28 am
by Dog_ger
Is it possible for an SANFL club to recover from such of a loss in todays world..?? Only time will tell..? Won't take too long to find out. A competition without Norwood..? A competition without Norwood Oval (Coopers Stadium) Shame..!
:-k :cry:

PostPosted: Fri Dec 09, 2005 8:53 am
by Punk Rooster
Maybe it was because of the free drinks!

PS If any club goes broke, let it be both Port clubs.

PostPosted: Fri Dec 09, 2005 8:59 am
by Ian
Dog_ger wrote:Is it possible for an SANFL club to recover from such of a loss in todays world..??


Yes, North is living proof of that, 5 straight losses to 2002, 3 very healthy profits since, including $201,058 this year.
But you need to get your gaming venue up and running, or it will be more doom and gloom.

PostPosted: Fri Dec 09, 2005 11:41 am
by JK
LOL South supporters taking a swipe, I've heard it all now!! :roll:

You don't need to be Einstein to work out the clubs not in the healthiest of ways, and naturally losses like this wouldn't be sustainable for very long at all without some serious ramifications, however nows not a time to wallow, it's a time to address things and put them **** right ... We need look no further than the NAFC who have shown what can be done, hopefully we have the right people in place to fix this problem, otherwise best we find them and get them into the positions required to address this!

Like any club you're passionate about, whilst you're still breathing you're alive and capable of turning things around!!

PostPosted: Fri Dec 09, 2005 12:18 pm
by stan
Jman!!! wrote:boo hoo i've stirred up the hornets nest now havnt i.
did i make u a little sad, well to bad suffer in your jocks hope your club goes broke.


Too bad we all dont get $500K payouts from the state government for doing Sweet FA.

PostPosted: Fri Dec 09, 2005 12:44 pm
by Pseudo
Thebbie69 wrote:Neville Roberts strikes again. Anything this pri** gets involved goes broke.

Case in point: West Torrens

PostPosted: Fri Dec 09, 2005 2:59 pm
by R&B Blooded
Jman!!! wrote:boo hoo i've stirred up the hornets nest now havnt i.
did i make u a little sad, well to bad suffer in your jocks hope your club goes broke.


:lol: :lol: Maybe if every club goes broke South could finally win a premiership :lol: :lol:
But I doubt it!! They would find some way to screw it up!! although playing with themselves is something you Jman would find easy to do!! :lol: :lol:
Watching your team slide down the ladder and hearing the supporters whinge was one the highlights of 2005 and puts a smile on this dial everytime I think of it!! :D

PostPosted: Fri Dec 09, 2005 3:24 pm
by TigerBoss
I don't want the Legs to go broke...not too many sides let us beat them anymore...if they were to fold we'd NEVER win a game. :cry:

PostPosted: Fri Dec 09, 2005 4:13 pm
by stan
R&B Blooded wrote:
Jman!!! wrote:boo hoo i've stirred up the hornets nest now havnt i.
did i make u a little sad, well to bad suffer in your jocks hope your club goes broke.


:lol: :lol: Maybe if every club goes broke South could finally win a premiership :lol: :lol:
But I doubt it!! They would find some way to screw it up!! although playing with themselves is something you Jman would find easy to do!! :lol: :lol:
Watching your team slide down the ladder and hearing the supporters whinge was one the highlights of 2005 and puts a smile on this dial everytime I think of it!! :D


What are you talking about R & B, we didnt hear from any South supporters at all after about June i think it was.