PAFC 2024

[mots02]

Koch is a salesman. Selling the future to his supporters of his club.
It's not worth worrying about!

I thought that was Boon's job?

[Booney]

Kochie on Rozee - "once in a generation talent"

You read too much into his comments.

Its what he said... how else do you interpret that one? What else does that statement mean?

If you don't take his comments literally you'll be a much happier person. Trust me.

[am Bays]

If you don't take his comments literally you'll be a much happier person. Trust me.

So we shouldn't take his comments about the SANFL and the impact on Port's development of players for the AFL level literally??

Or should we go one step further and basically take the view Kochie is full of shit?

[Dutchy]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

[MW]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

sounds like someone else I know up the road at another footy club

[Booney]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

He's been a success with the role he's asked to do, the fact we've not got across the line in finals being linked to him is one I'd love to hear more about. Please, go on.

[whufc]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

He's been a success with the role he's asked to do, the fact we've not got across the line in finals being linked to him is one I'd love to hear more about. Please, go on.

Agree.... Kochs reign ahas to be jusdged as a success especially given what his skillset was and what his performance would have been judged on.....yes i know they exist win to premierships.

[Booney]

The Port Adelaide Football Club has announced an operating profit of $2,006,030 for the financial year ending 31 October 2023.

Continued growth across core business revenues including commercial partnerships, membership, gate receipts, matchday hospitality and retail sales contributed to gross revenue increasing by $7.5m in 2023, to a total of $64.6m.

This growth enabled the Club to pay down a further $2.5m of debt, resulting in a total reduction of almost $8.5m in three years.

“Reducing debt (to a total of $3.8m as of 31 October 2023), combined with the redevelopment of Alberton Oval, means we can continue to accelerate the next phase of our strategy to build on the commercial assets and non-core revenue streams to underpin the financial strength of the Club into the future,” Mr Koch said.

[DOC]

Many clubs do it but there is no such thing as a profit for a Football Club.

It is a surplus.

[dedja]

Many clubs do it but there is no such thing as a profit for a Football Club.

It is a surplus.

[mots02]

Many clubs do it but there is no such thing as a profit for a Football Club.

It is a surplus.

Please refer above and do not take anything Mr Koch says too literally.

[Dutchy]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

He's been a success with the role he's asked to do, the fact we've not got across the line in finals being linked to him is one I'd love to hear more about. Please, go on.

A success in some areas, correct, but does he help them win a flag? Not so sure. He is in full control of Kenny's contract and terms as well as many of the staff that have a huge influence on the ground.

Importantly he is the spokesperson for the club and sets to tone. He is prone to saying some silly things, with his media experience he should know better.

[Brodlach]

I wonder how much is in right offs?

[Lightning McQueen]

I wouldn't take his comments seriously if he wasn't in a serious position in the footy world. Im not sure Port will ever reach the summit with him in charge.

He's been a success with the role he's asked to do, the fact we've not got across the line in finals being linked to him is one I'd love to hear more about. Please, go on.

A success in some areas, correct, but does he help them win a flag? Not so sure. He is in full control of Kenny's contract and terms as well as many of the staff that have a huge influence on the ground.

Importantly he is the spokesperson for the club and sets to tone. He is prone to saying some silly things, with his media experience he should know better.

Tend to agree somewhat, I’m not a big fan of Kochie but I love his passion for the club, he ticks all the boxes for me except his love for Kenny, IMO a different coach could’ve led us to a flag.

[Wedgie]

I wonder how much is in right offs?

Or left offs?

[Brodlach]

I wonder how much is in right offs?

Or left offs?

I should have said depreciation

[dedja]

Would be interesting to see their actual balance sheet.

The announcement mentions net assets increasing from $17.1M in 2022 to $32.7M in 2023. The $30M Alberton redevelopment was funded by at least $23M of Federal & State government and AFL grants, plus the club received $5M above the base 2023 AFL distribution to clubs (only Gold Coast, GWS, Brisbane, North Melbourne and St Kilda received more in 2023).

How has the redevelopment been accounted for on the balance sheet? If that $30M has been accounted for, then basically the net assets are reflective of the capital grants provided to the club, but pure speculation on my part without sighting this and previous years financials (and only based on the media statement released today, no googling involved ).

They’re not on their Pat Malone, but actually how sustainable is the club when you take out the welfare components?

[Vamos]

Would be interesting to see their actual balance sheet.

The announcement mentions net assets increasing from $17.1M in 2022 to $32.7M in 2023. The $30M Alberton redevelopment was funded by at least $23M of Federal & State government and AFL grants, plus the club received $5M above the base 2023 AFL distribution to clubs (only Gold Coast, GWS, Brisbane, North Melbourne and St Kilda received more in 2023).

How has the redevelopment been accounted for on the balance sheet? If that $30M has been accounted for, then basically the net assets are reflective of the capital grants provided to the club, but pure speculation on my part without sighting this and previous years financials (and only based on the media statement released today, no googling involved ).

They’re not on their Pat Malone, but actually how sustainable is the club when you take out the welfare components?

"Oi, number 12, show us ya books"

[carey]

Now everyone on here are chartered accountants.

I love this site.

[carey]

Although i'm very disappointed in the fact i haven't heard 'Oh, now they can pay the SANFL back'

The predictability of this site has let me down on this occasion. I expect this to be a rare occurrence.