financial projections

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financial projections

Postby Bounce of the ball » Mon Nov 30, 2015 8:53 pm

Hearing a club , use to profits for a while not going well. Or 3. The opposite maybe gradually elsewhere or 2.
Last edited by Bounce of the ball on Wed Feb 03, 2016 6:55 am, edited 1 time in total.
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Re: financial projections

Postby Magellan » Tue Dec 01, 2015 6:57 am

Bounce of the ball wrote:Hearing a club , used to profits for a while not going well.

How about a hint, BOTB? Sounds like a club just north of the CBD but considerably south of Elizabeth, but I understand they're about to post a decent profit.

Bounce of the ball wrote:Or 3. The opposite maybe gradually elsewhere or 2.

You'll have to have another go at this one, can't work it out. :-?
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Re: financial projections

Postby Wedgie » Tue Dec 01, 2015 7:30 am

Yep, struggling to keep it to six figures and keep the ATO off their back! :D
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Re: financial projections

Postby Spargo » Tue Dec 01, 2015 4:57 pm

Bounce of the ball wrote:Hearing a club , used to profits for a while not going well. Or 3. The opposite maybe gradually elsewhere or 2.

If you know the club(s) why don't you just name them?
You've come on here & bagged other posters for doing the same previously in other threads....
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Re: financial projections

Postby therisingblues » Tue Dec 01, 2015 5:51 pm

I think this is a case of the shoe being on the other foot, or "You're in MY world now!" type mentality.
Actually cracks me up how they keep the info to themselves but just want everyone to know that they know something. I too dream of the day I will know something others don't. :lol:
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Re: financial projections

Postby Spargo » Tue Dec 01, 2015 6:29 pm

therisingblues wrote:I think this is a case of the shoe being on the other foot, or "You're in MY world now!" type mentality.
Actually cracks me up how they keep the info to themselves but just want everyone to know that they know something. I too dream of the day I will know something others don't. :lol:

"Ego" was the term used I think :lol:
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Re: financial projections

Postby on the rails » Tue Dec 01, 2015 7:49 pm

Well it certainly isn't the NAFC who will post a big 6 figure profit.
Piss weak SANFL and the CLOWNS who run it.
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Re: financial projections

Postby PatowalongaPirate » Wed Dec 02, 2015 10:21 am

on the rails wrote:Well it certainly isn't the NAFC who will post a big 6 figure profit.


Are the RSL figures included in that number?
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Re: financial projections

Postby Booney » Wed Dec 02, 2015 10:35 am

on the rails wrote:Well it certainly isn't the NAFC who will post a big 6 figure profit.


Well that at least one win for the year for them then.
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Re: financial projections

Postby Bounce of the ball » Wed Dec 02, 2015 11:44 am

Spargo wrote:
Bounce of the ball wrote:Hearing a club , used to profits for a while not going well. Or 3. The opposite maybe gradually elsewhere or 2.

If you know the club(s) why don't you just name them?
You've come on here & bagged other posters for doing the same previously in other threads....


Because a Glenelg supporter told me , that's hardly credible.
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Re: financial projections

Postby Bounce of the ball » Wed Dec 02, 2015 11:46 am

therisingblues wrote:I think this is a case of the shoe being on the other foot, or "You're in MY world now!" type mentality.
Actually cracks me up how they keep the info to themselves but just want everyone to know that they know something. I too dream of the day I will know something others don't. :lol:

I agree completely.If I knew then I 'd say . I just was told a few clubs use to making a profit may not be going so well.
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Re: financial projections

Postby areaman » Tue Feb 02, 2016 1:53 pm

Eagles loss for 2015 was $332k.

Any other clubs results available?
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Re: financial projections

Postby Dutchy » Tue Feb 02, 2016 2:21 pm

areaman wrote:Eagles loss for 2015 was $332k.

Any other clubs results available?


Ouch....Glenelg mid Feb, with the CEO departing Im guessing it won;t be good news.
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Re: financial projections

Postby on the rails » Tue Feb 02, 2016 3:09 pm

NAFC posted profit of $322,547.00.
Piss weak SANFL and the CLOWNS who run it.
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Re: financial projections

Postby saintal » Tue Feb 02, 2016 3:10 pm

South

Football club- $175K surplus ($161K loss last year)
Licensed venue/club- $286K loss ($282K loss last year)
So an overall loss of $111K

Football, admin and office expenses down about 300K.
About $1M distributed from licensed club to footy club.

Assuming I've interpreted those figures correctly..
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Re: financial projections

Postby on the rails » Tue Feb 02, 2016 10:17 pm

Norwood loss $179,369.00.

I think Sturt made a small profit but apart from North the comp is in trouble with as it appears all clubs struggling and posting regular big losses. Some clubs just hanging on to collect the SANFL debt reduction money from sale of AAMI etc.

I will be interested in the GFC final figures as they have delayed their AGM by a week due to an audit not being completed. Appears a week might give the club some time to "tidy" up some messy $$$ results to keep their members happy but I am hearing not good news out of the bay re $$$.
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Re: financial projections

Postby Magellan » Wed Feb 03, 2016 8:20 am

on the rails wrote:Norwood loss $179,369.00.

I think Sturt made a small profit but apart from North the comp is in trouble with as it appears all clubs struggling and posting regular big losses. Some clubs just hanging on to collect the SANFL debt reduction money from sale of AAMI etc.

I will be interested in the GFC final figures as they have delayed their AGM by a week due to an audit not being completed. Appears a week might give the club some time to "tidy" up some messy $$$ results to keep their members happy but I am hearing not good news out of the bay re $$$.

Worrying signs indeed, OTR.

Can these figures be put down to a combination of overspending in football departments, low pokie revenues, and falling attendances and memberships? Also, when is the AAMI sale money meant to flow through?
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Re: financial projections

Postby JK » Wed Feb 03, 2016 8:25 am

Magellan wrote:
on the rails wrote:Norwood loss $179,369.00.

I think Sturt made a small profit but apart from North the comp is in trouble with as it appears all clubs struggling and posting regular big losses. Some clubs just hanging on to collect the SANFL debt reduction money from sale of AAMI etc.

I will be interested in the GFC final figures as they have delayed their AGM by a week due to an audit not being completed. Appears a week might give the club some time to "tidy" up some messy $$$ results to keep their members happy but I am hearing not good news out of the bay re $$$.

Worrying signs indeed, OTR.

Can these figures be put down to a combination of overspending in football departments, low pokie revenues, and falling attendances and memberships? Also, when is the AAMI sale money meant to flow through?


Norwood would be up there (if not ahead of all) in Football Department spending I would think .. Knew a loss was coming, and don't think it's an issue going forward - Although the spend on the Membership facility still scares me.
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Re: financial projections

Postby heater31 » Wed Feb 03, 2016 8:25 am

Magellan wrote:
on the rails wrote:Norwood loss $179,369.00.

I think Sturt made a small profit but apart from North the comp is in trouble with as it appears all clubs struggling and posting regular big losses. Some clubs just hanging on to collect the SANFL debt reduction money from sale of AAMI etc.

I will be interested in the GFC final figures as they have delayed their AGM by a week due to an audit not being completed. Appears a week might give the club some time to "tidy" up some messy $$$ results to keep their members happy but I am hearing not good news out of the bay re $$$.

Worrying signs indeed, OTR.

Can these figures be put down to a combination of overspending in football departments, low pokie revenues, and falling attendances and memberships? Also, when is the AAMI sale money meant to flow through?

Think so. For years clubs have neglected the traditional Football Club income streams (sponsors, members & patrons through the gates). Then the new source of income, Poker Machines and food and beverage suffer a downturn placing pressure on the whole setup.
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Re: financial projections

Postby JK » Wed Feb 03, 2016 8:30 am

heater31 wrote:
Magellan wrote:
on the rails wrote:Norwood loss $179,369.00.

I think Sturt made a small profit but apart from North the comp is in trouble with as it appears all clubs struggling and posting regular big losses. Some clubs just hanging on to collect the SANFL debt reduction money from sale of AAMI etc.

I will be interested in the GFC final figures as they have delayed their AGM by a week due to an audit not being completed. Appears a week might give the club some time to "tidy" up some messy $$$ results to keep their members happy but I am hearing not good news out of the bay re $$$.

Worrying signs indeed, OTR.

Can these figures be put down to a combination of overspending in football departments, low pokie revenues, and falling attendances and memberships? Also, when is the AAMI sale money meant to flow through?

Think so. For years clubs have neglected the traditional Football Club income streams (sponsors, members & patrons through the gates). Then the new source of income, Poker Machines and food and beverage suffer a downturn placing pressure on the whole setup.


That's only partially right. Clubs to a degree did neglect members when the gravy train of the pokies was in full swing, but securing new sponsors would be a seriously hard gig for SANFL clubs, with the amount of sporting clubs fighting for them, and the minimal exposure of SANFL footy in comparison to the AFL.
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