manicmagpie
A slice of fried gold
Good to see off field management continuing to be strong.
Toast Pies post $3.4 million profit
- Thread starter manicmagpie
- Start date
- Tagged users None
Good to see off field management continuing to be strong.
Cousin of Daicos
Premiership Player and All-Australian
- Sep 17, 2007
- 27,451
- 30,865
- AFL Club
- Collingwood
- Other Teams
- Man. U, Chicago Bulls, Ολυμπιακός
Just got the email. BAU. I'd still rather have no money and win flags.
- May 27, 2010
- 21,451
- 28,947
- AFL Club
- Collingwood
jmac70
On the porch
That's a lot of money.
BEEG
Hall of Famer
- Aug 2, 2007
- 31,029
- 37,258
- AFL Club
- Collingwood
- Other Teams
- Dallas Mavericks
Still can't stop injuries
CFC2010
Cancelled
10k Posts
Collingwood Magpies - Brayden Sier 2019 Player Sponsor
Collingwood - Jaidyn Stephenson Player Sponsor 2018
Collingwood - Matthew Scharenberg Player Sponsor 2017
Collingwood Magpies - James Aish Player Sponsor 2016
- Aug 22, 2014
- 19,470
- 34,437
- AFL Club
- Collingwood
One reason for the profit is that I had to pay $25.00 to place my two boys 6 & 7 years old
on a waiting list so they "may" be able to sit next to me next year
By the way they still will be taking the $620.00 for their potential membership!
Tried emailing head of membership you would think I was trying to get the email address to the head of ASIO!
Together we are Collingwood.......as long as you pay!
Sorry rant over.
on a waiting list so they "may" be able to sit next to me next year
By the way they still will be taking the $620.00 for their potential membership!
Tried emailing head of membership you would think I was trying to get the email address to the head of ASIO!
Together we are Collingwood.......as long as you pay!
Sorry rant over.
jmac70
On the porch
This is a whole new level of dumb.
jmac70
On the porch
One reason for the profit is that I had to pay $25.00 to place my two boys 6 & 7 years old
on a waiting list so they "may" be able to sit next to me next year
By the way they still will be taking the $620.00 for their potential membership!
Tried emailing head of membership you would think I was trying to get the email address to the head of ASIO!
Together we are Collingwood.......as long as you pay!
Sorry rant over.
That is piss poor from the club.
jjsmitty8
Norm Smith Medallist
One reason for the profit is that I had to pay $25.00 to place my two boys 6 & 7 years old
on a waiting list so they "may" be able to sit next to me next year
By the way they still will be taking the $620.00 for their potential membership!
Tried emailing head of membership you would think I was trying to get the email address to the head of ASIO!
Together we are Collingwood.......as long as you pay!
Sorry rant over.
Couldn't agree more.
CFC2010
Cancelled
10k Posts
Collingwood Magpies - Brayden Sier 2019 Player Sponsor
Collingwood - Jaidyn Stephenson Player Sponsor 2018
Collingwood - Matthew Scharenberg Player Sponsor 2017
Collingwood Magpies - James Aish Player Sponsor 2016
- Aug 22, 2014
- 19,470
- 34,437
- AFL Club
- Collingwood
The other thing is I know for a fact seats are available around us but the Membership department has some piss poor standard excuse for the $25.00 because they used it the previous year for my niece and my friends son.
At the end of the day whatever to the unnecessary $25.00 fee but don't treat us like fools!
Last edited:
The club can't exactly be accused of grandstanding, announcing a superb financial result when the draft was about half-way through, and the football world was well and truly focused on the biggest event of the off-season. Incredible bit of timing.
It's the sort of thing you might expect from a struggling club when announcing yet another serious loss.
It's the sort of thing you might expect from a struggling club when announcing yet another serious loss.
jmac70
On the porch
Free beer nights?
Rusty22
Norm Smith Medallist
- Dec 12, 2010
- 7,076
- 5,540
- AFL Club
- Collingwood
- Other Teams
- Collingwood VFL
i hear the dogs need money.
3 mill for stringer, bonts and libba it should be ffair
3 mill for stringer, bonts and libba it should be ffair
- Jan 12, 2011
- 25,401
- 35,580
- AFL Club
- Collingwood
Best administered club in the AFL.....by a very long way
Does this include us spending money to build the Glasshouse? Or how does that work?
I'm sure some club will beat us and have a day in the limelight saying they're now the biggest club in Australia...
I'm sure some club will beat us and have a day in the limelight saying they're now the biggest club in Australia...
Scodog10
Brownlow Medallist
This may not be a particularly popular view, but I don't like that result! I just think that profits are as useful as an a-hole on your elbow when the only aim is to win a premiership.
What brings us closer those profits in the coffers or in the football department?
FWIW I do realise the hiding to nothing element of my post because if I got my way there would be a particular section of support that would say "this is bullshit how can we turnover $70 million + and not make a profit"...
What brings us closer those profits in the coffers or in the football department?
FWIW I do realise the hiding to nothing element of my post because if I got my way there would be a particular section of support that would say "this is bullshit how can we turnover $70 million + and not make a profit"...
76woodenspooners
Brownlow Medallist
I couldn't disagree more strongly.
Winning a Premiership is not our only aim, it's not even our most important one.
Our most important aim is "Good ol' Collingwood" being "forever". Our most important aim is to be sustainable, to be able to continue to field a team wearing black and white stripes every year.
Consider the poaching wars with Richmond in the 80's that were a desperate attempt at winning a Premiership. Almost bankrupted us (and failed to deliver a Premiership).
Was that good policy? Ask a Fitzroy supporter.
We were unprofitable in the mid to late nineties.
For southern state teams profit is highly correlated to current and future ladder position.
Ed and team deserve congratulations.
Fair question though is if the club 'gouges' with things like the $25 charge listed above.
Hawthorn also very strong off the field
Scodog10
Brownlow Medallist
To see you state that winning a premiership is not our most important aim upsets me. I can't really respond further considering the significant safety net we've set up that should allow us to dialback profits to maximise on-field results...
It's the fans that deserve congratulations for mine despite two poor years we sustained our membership support which allowed the financial team to take the path we have.
The fact is it isn't the 90's and we arent in a position that requires significant profits year on end! Yep it'll look good for Pert when he presents to the board, but I'd ask what would you prefer a top 4 finish and $100k loss or this profit with a bottom ten result?
I'm taking the top 4 result because that sees a better draw for next year, higher membership and added corporate support which will all go a long way to absorbing that loss...
- Feb 19, 2008
- 4,746
- 4,436
- AFL Club
- Collingwood
- Other Teams
- Liverpool FC, Notts County FC,
Eddie's on the record as saying our aim is to win flags.
But obviously making a profit along the way is important re the sustainability of the club and let's face it, the better off financially a club is, the better their chances of winning a flag in what is a highly competitive environment.
To put it in some perspective, our profit even with a drop in membership of approx 5k and not making finals for the second year running, was still greater than Hawthorn's after winning their 3rd flag in succession.
76woodenspooners
Brownlow Medallist
Collingwood has been close to going bust twice within in my lifetime. One of them was as recent as 2009. I don't think it's wise to take our sustainability for granted.
The Glasshouse facility is also kinda nice, yes? It's got some features in there that help us win Premierships, yes? At the members forum Ed noted that it makes it easier to recruit players like Treloar when you can sit with them and their manager in that magnificent boardroom (it truly is) and talk about coming to Collingwood.
No way would the Feds have given us $10 million to build the Glasshouse if we didn't have the capacity to match that money.
