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There is no incentive to make profits in a not-for-profit industry with no private ownership and no distributions. Clubs should be trying to spend about 99 cents in every dollar they earn.
That makes little sense when a club like WCE who have 40 + miilion in the bank, can because of reserves pay 15 milion towards a new training center.
There is always incentives to save and put money away, one reason is common sense.
WCE are not a not-for-profit, they are owned and so have an incentive to generate a dividend for their owners.
Also 10 of our teams are based out of one city, whilst theirs are spread across the whole country.They have 32 teams in a population of 200million, we have 18 teams in a population of 24million, I think that has a bit to do with the profitability.
WCE are not a not-for-profit, they are owned and so have an incentive to generate a dividend for their owners.
Owned by WA footy just as the Pies are owned by their members - grasping at straws Mr Ross? Why does ownership define profit? One group choses to accumulate cash to establish a facility whereas another grows a chain of pokie palaces (for profit by a not-for-profit?).
Owned by WA footy just as the Pies are owned by their members - grasping at straws Mr Ross? Why does ownership define profit? One group choses to accumulate cash to establish a facility whereas another grows a chain of pokie palaces (for profit by a not-for-profit?).
So what is the difference Mr Ross: pokies, grog palaces, funding to junior footy?
Not for profit Mr Ross, you are confused. Keep it black & white !!
If Richmond makes $1 profit, it's 'owners' (members) would be a little disappointing, but generally OK with that.
If WCE made $1 profit, it's owners would have a fit.
If West Coast and Freo don't make money, the WAFL and WA junior football goes broke. The owners of those clubs ensure that the club's spending is kept in check so that 'their' money doesn't get spent.
The 10 Victorian clubs do not distribute profits and their club members receive no tangible benefit from the clubs being profitable. There is no barrier to those clubs spending all their revenue on anything from pokie venues to training camps to new facilities.
The contrast that has been discussed is the NFL. Those private owners want costs kept down and have been prepared to lockout the players to achieve it (as recently as 2011).
The contention that the Vic Footy business model is flawed because a series of Not For Profit businesses do not register profits is a bit strange.
Saying teams can't turn a profit without help from the AFL doesn't really make sense since the AFL doesn't give teams anywhere near their share of the profits of makes from the clubs.
The AFL makes around $450mil a year mostly from tv, finals and sponsors which is about $28mil a club. Clubs don't get even half of that.
I've wondered if a club was going to go under and the AFL was going to let them whether it could sue for an 18th of the AFL revenue.
Saying teams can't turn a profit without help from the AFL doesn't really make sense since the AFL doesn't give teams anywhere near their share of the profits of makes from the clubs.
The AFL makes around $450mil a year mostly from tv, finals and sponsors which is about $28mil a club. Clubs don't get even half of that.
I've wondered if a club was going to go under and the AFL was going to let them whether it could sue for an 18th of the AFL revenue.
What about the idea of separating the AFL from running football across the country and running the league like with the EPL and the FA.
Might makes things simpler to manage if the AFL could just run the league.
It's equally as absurd to think we can keep trying to expand the number of teams and sports and not expect a major downturn will see some fall off the perch at some stage.Also 10 of our teams are based out of one city, whilst theirs are spread across the whole country.
They also have over 100 cities with more than 200k population, compared to our 11.
When you actually think about, the amount of professional sporting teams in Australia across all codes is quite absurd for a population of ours.
If the AFL was to redistribute all it's profit to the clubs they would just spend it as they always have, player wages would just get higher.
The AFL as the self proclaimed keeper of the code owes it to the football community to run and subsidise many football development programs separate from the AFL.
The players get a far less share of overall revenue than other big leagues and comps and IMO it should stay that way.