Port Adelaide's Finances

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Re: Port Adelaide's Finances

Postby Macca19 » Thu Jun 17, 2010 11:46 pm

Squawk wrote:Also, I recall that a lot of Port's facilities have been from private sponsorship also (eg Alan Scott Headquarters). Given that Port has also received grant money for other facility upgrades, one does wonder where the rest of their football/social revenue has been spent if big ticket purchases have often been funded by "extraordinary income".

I know Port has said it has the lowest average expenditure on football operations - but if so, where is the rest of the money actually going?


I think youll find the club just doesnt make enough money. Whilst costs would have increased fairly significantly over the past 5 years, weve gone from earning a little bit of money out of AAMI, to having to write the SANFL significant sized cheques after each home game. Our major decrease in crowds is whats killing the club. And whilst yes the SANFL may take too much from games from both AFL clubs, the club needs to find ways fast of getting its crowd back up to the 27k average mark minimum.

stuff like the overseas trips were done a few years back when we were swinging from small profit to small loss.
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Re: Port Adelaide's Finances

Postby Squawk » Thu Jun 17, 2010 11:49 pm

Hondo wrote:
SJABC wrote:Why can't the SANFL loan the money? Make the **** pay it back.


I think the SANFL ultimately own (right word?) the PAP anyway so I don't think it really matters who has the loan does it? It's like loaning money to your wife and forcing her to pay it back. Same end pool of money at the end of the day (unless you are split up of course :D )


Hondo - it might be one parent company with a few subsidiaries, but the usual corporate practice is to cross-charge between entities to make each entity accountable for its operational activities. Logically, the SANFL (and its stakeholders) would expect the Power to repay the money, but it would be good if this was confirmed or corrected.
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Re: Port Adelaide's Finances

Postby southee » Thu Jun 17, 2010 11:53 pm

zipzap wrote:A fax from SANFL headquarters to 5AA tonight clarified that not only did $4 million come from the SANFL, they have taken a loan out to pay for it!!!!!!! Going into hock for that schizo club while Demitriou swans in and takes all the credit with no risk. No wonder footy in this state is effed. Time the PAPs were cut loose - pack up your creed and your convoluted version of history and useless 'business models' and have a go at standing on your own two feet you wharfie muppets!


My thoughts exactly ZZ......this is going to be a sad state of affairs for our local SANFL sides.

So much for the volunteers at clubs working hard to keep their club afloat selling raffle tickets, BBQ's and functions. Look where your club money goes.....to prop up the Power!!

Get rid of them.....its so obvious the so called Power experiement has not worked and never will!!!! :evil:
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Re: Port Adelaide's Finances

Postby Barto » Fri Jun 18, 2010 12:03 am

zipzap wrote:A fax from SANFL headquarters to 5AA tonight clarified that not only did $4 million come from the SANFL, they have taken a loan out to pay for it!!!!!!! Going into hock for that schizo club while Demitriou swans in and takes all the credit with no risk. No wonder footy in this state is effed. Time the PAPs were cut loose - pack up your creed and your convoluted version of history and useless 'business models' and have a go at standing on your own two feet you wharfie muppets!


If you've ever read a Port forum, this is what they actually want. I reckon cut them free as well. Give them their licence lock stock and barrel.

Ahh yep:
http://www.bigfooty.com/forum/showthrea ... 874&page=2
SANFL = Parasites

I raise your "**** the SANFL" with a "double **** **** the SANFL" !


Tell Port that they dont have to pay a dividend any more but they cant put their hand out.

Also if they dont wish to pump money back into the local league, they're banned from drafting players that have been developed by the SANFL clubs.
It's all the SANFL's fault.
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Re: Port Adelaide's Finances

Postby Barto » Fri Jun 18, 2010 12:07 am

Macca19 wrote:Our major decrease in crowds is whats killing the club.



So why do Port people blame the SANFL then?
It's all the SANFL's fault.
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Re: Port Adelaide's Finances

Postby zipzap » Fri Jun 18, 2010 12:15 am

Barto wrote:
zipzap wrote:A fax from SANFL headquarters to 5AA tonight clarified that not only did $4 million come from the SANFL, they have taken a loan out to pay for it!!!!!!! Going into hock for that schizo club while Demitriou swans in and takes all the credit with no risk. No wonder footy in this state is effed. Time the PAPs were cut loose - pack up your creed and your convoluted version of history and useless 'business models' and have a go at standing on your own two feet you wharfie muppets!


If you've ever read a Port forum, this is what they actually want. I reckon cut them free as well. Give them their licence lock stock and barrel.

Ahh yep:
http://www.bigfooty.com/forum/showthrea ... 874&page=2
SANFL = Parasites

I raise your "**** the SANFL" with a "double **** **** the SANFL" !


Tell Port that they dont have to pay a dividend any more but they cant put their hand out.

Also if they dont wish to pump money back into the local league, they're banned from drafting players that have been developed by the SANFL clubs.


Yep, be careful what you wish for...
How much dividend have they actually paid in recent years? Not stirring, I just don't really know.
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Re: Port Adelaide's Finances

Postby zipzap » Fri Jun 18, 2010 12:17 am

Barto wrote:Also if they dont wish to pump money back into the local league, they're banned from drafting players that have been developed by the SANFL clubs.


And build their own stadium while they're at it
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Re: Port Adelaide's Finances

Postby Barto » Fri Jun 18, 2010 12:37 am

zipzap wrote:
Barto wrote:Also if they dont wish to pump money back into the local league, they're banned from drafting players that have been developed by the SANFL clubs.


And build their own stadium while they're at it


well they'll have to if they dont want to pay to use someone elses
It's all the SANFL's fault.
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 8:49 am

Do the SANFL own the Port Adelaide licence? Yes, they do.

Do Port Adelaide, through AAMI, make the SANFL money? Yes, they do.

What planet are you people living on to think the SANFL would kill off half of its main revenue stream? ( The Adelaide Football Club being the other, yes I know I know. The AFC make them more money but you get my drift )

Sure the PAFC as an entity is losing money, has done and will do for some time to come but when we generated over $11m last year through AAMI why would the SANFL not want to support us?

I can understand why people on here are crying foul ( crying the operative word ) but the PAFC that is in the AFL and has its licence owned by the SANFL is here to stay. The SANFL will make sure of it,the AFL will sure as hell make sure of it and people like me who buy memberships, season tickets, merchandise will do our best to ensure that 2004 is not the only AFL Premiership Cup in our cabinet. I dont expect to see one for some time, sure as hell I dont, but there is no way that some bloke from Unley or Glenelg sulking about the SANFL helping us stay afloat will get my heart to bleed. I love Port Adelaide, Power and Magpies and for footy in SA to prosper both the AFL and SANFL sides need to be strong on and off the field.

Sure we are facing challenging times, both now and in the future, but what club hasn't?
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 8:50 am

Barto wrote:
zipzap wrote:
Barto wrote:Also if they dont wish to pump money back into the local league, they're banned from drafting players that have been developed by the SANFL clubs.


And build their own stadium while they're at it


well they'll have to if they dont want to pay to use someone elses


LMFAO - you blokes crack me up. :lol:
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Re: Port Adelaide's Finances

Postby CUTTERMAN » Fri Jun 18, 2010 9:16 am

Booney wrote:Do the SANFL own the Port Adelaide licence? Yes, they do.

Do Port Adelaide, through AAMI, make the SANFL money? Yes, they do.

What planet are you people living on to think the SANFL would kill off half of its main revenue stream? ( The Adelaide Football Club being the other, yes I know I know. The AFC make them more money but you get my drift )

Sure the PAFC as an entity is losing money, has done and will do for some time to come but when we generated over $11m last year through AAMI why would the SANFL not want to support us?

I can understand why people on here are crying foul ( crying the operative word ) but the PAFC that is in the AFL and has its licence owned by the SANFL is here to stay. The SANFL will make sure of it,the AFL will sure as hell make sure of it and people like me who buy memberships, season tickets, merchandise will do our best to ensure that 2004 is not the only AFL Premiership Cup in our cabinet. I dont expect to see one for some time, sure as hell I dont, but there is no way that some bloke from Unley or Glenelg sulking about the SANFL helping us stay afloat will get my heart to bleed. I love Port Adelaide, Power and Magpies and for footy in SA to prosper both the AFL and SANFL sides need to be strong on and off the field.

Sure we are facing challenging times, both now and in the future, but what club hasn't?

Booney, I don't really have a problem with the SANFL tipping in money (the amount is getting concerning) but I do have a huge problem with the AFL tipping in SFA. I know I go on about this but they've thrown heaps to WB, Melb, NM etc, and yes I know who holds the licence but you'd think all things considered the AFL would have a bit more of an open mind to look seriously at the problem instead of trying to push an agenda further.
In my opinion The Power have lived beyond their means for some time spending money they knew they didn't have. The figure of 11M you mentioned is probably a total of what they have generated, but what is the profit? Which in the end is what really matters.
The AFL want to dictate terms, rules, salary caps, stadiums and all other things that are the business of the SANFL, but what do they tip in?
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 9:27 am

I agree, the AFL is the one with the coin falling out their collective proverbials. But this is where the AFL has the SANFL by the short and curlies, the SANFL own us.

There is little doubt IMO that the AFL knew ( and the SANFL couldnt see it ) that when problems arose with either SA based AFL club the AFL would merely push the blame back at the SANFL.
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Re: Port Adelaide's Finances

Postby Wedgie » Fri Jun 18, 2010 9:31 am

Good to see he Power could afford a paint ball trip yesterday, hopefully when they got back from it they had fun on the pinball machine they bought a couple of years ago. Perhaps they should look at throwing some more money at netball?
I don't know how these rumours I financial incompetence begin, all these things they spend money on is obviously help them on the field atthe moment after all they did get within 10 goals of Richmond at home.

In the true Port Adelaide tradition Ill find something else for bringing the SANFL to it's knees, I blame Geelong for single handedly permanently demolishing the Power club in the 2007 GF!
Bloody Victorians!
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 9:36 am

I knew you'd be slipping a boot on this morning. :roll:
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Re: Port Adelaide's Finances

Postby Wedgie » Fri Jun 18, 2010 9:38 am

Booney wrote:I knew you'd be slipping a boot on this morning. :roll:


Someone has to sink the boot into these bloody Victorians!

Personally I hope the Power are around forever! 8)
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 9:41 am

Me too. The tide will turn and I am pretty certain I wont have to wait over 50 years to see my side realise Premiership glory once more.

Short memories some of those Victorians, short memories indeed. ;)
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Re: Port Adelaide's Finances

Postby CUTTERMAN » Fri Jun 18, 2010 9:41 am

Booney wrote:I agree, the AFL is the one with the coin falling out their collective proverbials. But this is where the AFL has the SANFL by the short and curlies, the SANFL own us.

There is little doubt IMO that the AFL knew ( and the SANFL couldnt see it ) that when problems arose with either SA based AFL club the AFL would merely push the blame back at the SANFL.

And meanwhile the Vic based AFL clubs get all the handouts they need, because who owns their licences?
Oh the AFL!
How much did they pay for these licences?
Nothing!

Seriously, has anything changed since the VFL were grabbing all our best players?
The VAFL is now the VFL and I'm sure there's alot of AFL money going into those clubs to make them strong feeder/reserves clubs for the Vic teams. Then you have the TAC Cup comp, where there's a crap load of AFL money pumping into that. Add to that, the NTFL have been coersed to the QAFL and the Gold Coast have been pushed to play in the VFL. So once again all the power, focus and money is finding it's way back to Victorian football and apart from the odd rugby league player or vested interests, not much finds it's way across the border.
We helped bail out the VFL/AFL with 2 licences and now what do we get back in return when a club needs help?
It's insulting.
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Re: Port Adelaide's Finances

Postby Booney » Fri Jun 18, 2010 9:43 am

CUTTERMAN wrote:
Booney wrote:I agree, the AFL is the one with the coin falling out their collective proverbials. But this is where the AFL has the SANFL by the short and curlies, the SANFL own us.

There is little doubt IMO that the AFL knew ( and the SANFL couldnt see it ) that when problems arose with either SA based AFL club the AFL would merely push the blame back at the SANFL.


And meanwhile the Vic based AFL clubs get all the handouts they need, because who owns their licences?
Oh the AFL!

How much did they pay for these licences?
Nothing!

Seriously, has anything changed since the VFL were grabbing all our best players?
The VAFL is now the VFL and I'm sure there's alot of AFL money going into those clubs to make them strong feeder/reserves clubs for the Vic teams. Then you have the TAC Cup comp, where there's a crap load of AFL money pumping into that. Add to that, the NTFL have been coersed to the QAFL and the Gold Coast have been pushed to play in the VFL. So once again all the power, focus and money is finding it's way back to Victorian football and apart from the odd rugby league player or vested interests, not much finds it's way across the border.
We helped bail out the VFL/AFL with 2 licences and now what do we get back in return when a club needs help?
It's insulting.


Wait 'til Dutchy see's this bit. North didn't get hand outs mate....sheesh. ;) :lol:
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Re: Port Adelaide's Finances

Postby CUTTERMAN » Fri Jun 18, 2010 9:47 am

Well I've just sent a txt to 891 for them to ask the big D that question, probably wont ask him but....
'PAFC don't want any advantages in the SANFL. It would only take away from any achievements we earned.'
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Re: Port Adelaide's Finances

Postby Psyber » Fri Jun 18, 2010 10:10 am

The question is does the SANFL make a net profit out of the Power operation, and if they do is it enough net profit to justify continuing the operation?
Perhaps the SANFL should auction the licence the Power use - the Tasmanian government may put in a decent bid, or the AFL may buy it back. ;)
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