Roast The media....*Shakes Head* Part 5

[PowerForGood]

http://www.afl.com.au/news/2017-03-02/crows-post-13m-loss-despite-operating-profit

http://www.afc.com.au/news/2016-02-24/crows-announce-operating-profit

"There's the truth... and there's the truth!"

View attachment 341954

Thanks - I was going to post the same thing when I heard it on the radio this morning about a Crows profit - said to the better half "I'm sure that the AFL website said they made a loss?"

They did this last year as well.

 

[Alberton Proud]

This is the exact kind of FAKE NEWS that originally inspired the Media *Shakes Head* thread. 5AA and The Advertiser should not be considered news.

AA will be well prepared this afternoon with arguments on how they pay more to the SNAFL for their license and the 'Equalization' Fund etc. to deflect away from admitting their actual position

 

[Grave Danger]

Rooch is drinking the AFC bathwater more so than INDaily's resident flier-as-one, Tom Richardson...


Crows celebrate despite $1.3m loss

The Adelaide Football Club posted a total loss of more than $1.3 million for the last financial year, despite “across the board” improvements in key metrics, including sponsorships and attendances.

The statutory loss of $1,346,077 came despite a cash operating profit of $1,464,450 for 2016, itself down from $1,493,636 the previous year.

In a statement last night, the club cited “abnormal and non-cash items” for the statutory loss, including “depreciation of $1.347m, recognition of our game development grant of $1.1m and other distributions to stakeholders totaling $0.36m”.

It’s still a significant improvement from the $8.03m total loss declared two years ago.

The club was keen to emphasise the operating surplus, which was the headline of its media release and the key message offered to members at an annual briefing last night, with the total loss given only passing mention.

http://indaily.com.au/sport/football/2017/03/03/crows-celebrate-despite-1-3m-loss/

 

[PowerForGood]

Rooch is drinking the AFC bathwater more so than INDaily's resident flier-as-one, Tom Richardson...


Crows celebrate despite $1.3m loss

......

The club was keen to emphasise the operating surplus, which was the headline of its media release and the key message offered to members at an annual briefing last night, with the total loss given only passing mention.

http://indaily.com.au/sport/football/2017/03/03/crows-celebrate-despite-1-3m-loss/

The previous year, the total loss wasn't even mentioned by the AFC, only "The Club also made contributions to the SANFL" without explaining it was to pay for its own SANFL team.

 

[Visenfest]

Rooch is drinking the AFC bathwater more so than INDaily's resident flier-as-one, Tom Richardson...


Crows celebrate despite $1.3m loss

The Adelaide Football Club posted a total loss of more than $1.3 million for the last financial year, despite “across the board” improvements in key metrics, including sponsorships and attendances.

The statutory loss of $1,346,077 came despite a cash operating profit of $1,464,450 for 2016, itself down from $1,493,636 the previous year.

In a statement last night, the club cited “abnormal and non-cash items” for the statutory loss, including “depreciation of $1.347m, recognition of our game development grant of $1.1m and other distributions to stakeholders totaling $0.36m”.

It’s still a significant improvement from the $8.03m total loss declared two years ago.

The club was keen to emphasise the operating surplus, which was the headline of its media release and the key message offered to members at an annual briefing last night, with the total loss given only passing mention.

http://indaily.com.au/sport/football/2017/03/03/crows-celebrate-despite-1-3m-loss/

Can you imagine their bottom line if they actually had to pay rent out at West Lakes?

 

[OneGreatClub]

Rooch is drinking the AFC bathwater more so than INDaily's resident flier-as-one, Tom Richardson...


Crows celebrate despite $1.3m loss

The Adelaide Football Club posted a total loss of more than $1.3 million for the last financial year, despite “across the board” improvements in key metrics, including sponsorships and attendances.

The statutory loss of $1,346,077 came despite a cash operating profit of $1,464,450 for 2016, itself down from $1,493,636 the previous year.

In a statement last night, the club cited “abnormal and non-cash items” for the statutory loss, including “depreciation of $1.347m, recognition of our game development grant of $1.1m and other distributions to stakeholders totaling $0.36m”.

It’s still a significant improvement from the $8.03m total loss declared two years ago.

The club was keen to emphasise the operating surplus, which was the headline of its media release and the key message offered to members at an annual briefing last night, with the total loss given only passing mention.

http://indaily.com.au/sport/football/2017/03/03/crows-celebrate-despite-1-3m-loss/

haha

 

[Grave Danger]

AA will be well prepared this afternoon with arguments on how they pay more to the SNAFL for their license and the 'Equalization' Fund etc. to deflect away from admitting their actual position

Rob Blokefella will be on 5aark later to discuss the Crows "record result".

 

[PowerForGood]

AA will be well prepared this afternoon with arguments on how they pay more to the SNAFL for their license and the 'Equalization' Fund etc. to deflect away from admitting their actual position

Cut and Paste from last year I'm sure, my comments in brackets/quotes.

Rob "Great Bloke" Chapman thanked the passionate Members, as well as loyal sponsors, who offer ongoing support through the ups and down of an AFL season.

“Each and every one of them has played a part in us returning to profitability (except for the other stuff we won't talk about) and their commitment is reflected in our home match attendances being among the highest in the League (thanks to Port Adelaide for showing us where to play),” Chapman said.

Chief Executive Officer Andrew "Super Fella" Fagan praised the hard work and determination of players, coaches and staff during what was a difficult year.

He added the AFL industry was also embarking on an important period with the need to design a more appropriate investment and distribution model.

“The AFL’s equalisation structure does not provide the flexibility to adjust to changing circumstances, nor reflect the financial construct and position of clubs like ours,” Fagan said. (in other words : Its the AFL fault that we made a loss so we'll call it a profit)

"A record year across nearly all revenue streams should generate a greater surplus (maybe he meant a greater loss) and facilitate further investment into our programs.

“I hope that this will be recognised by the AFL in the deliberations that will take place during the course of 2016 (delete, change to 2017).”

 

[mic59]

AA will be well prepared this afternoon with arguments on how they pay more to the SNAFL for their license and the 'Equalization' Fund etc. to deflect away from admitting their actual position

But surely they will bring up how that is offset by their non-payment of rent for West Lakes? After all, they are men of honour.

 

[OneGreatClub]

But surely they will bring up how that is offset by their non-payment of rent for West Lakes? After all, they are men of honour.

 

[Pappagallo]

Can you imagine their bottom line if they actually had to pay rent out at West Lakes?

They're pretty much that sponge mate who makes a big deal about picking up some milk even though you're letting him stay at your place rent free.

 

[Beats28772]

No surprise to see the Fake Newsvertiser paywall this article. Wasn't this morning

 

[Pt Augusta Power]

Can you imagine their bottom line if they actually had to pay rent out at West Lakes?

Shhhhhhhhhh

 

[VineValerian]

Great piece by R Earle in the Tiser today.
Not......

Flog

 

[Smithy7]

Great piece by R Earle in the Tiser today.
Not......

Flog

I put it in the China Thread

 

[manureid]

More spin than a doctored Indian cricket pitch.

 

[Grave Danger]

Great piece by R Earle in the Tiser today.
Not......

Flog

I was going to write "Richard Earle IS Adelaide", but I haven't lived in SA since the 1980s, so I thought better of it.

 

[Steve Dore]

Great piece by R Earle in the Tiser today.
Not......

Flog

Was that in the same paper that yesterday had the headline on the back page

CROWS IN BLACK
Changes in the boardroom as Adelaide posts strong profit

despite them making a loss of $1.347M?

No surprise that they would today run a negative article about the PAFC's #sideshow

 

[tribey]

Was that in the same paper that yesterday had the headline on the back page

CROWS IN BLACK
Changes in the boardroom as Adelaide posts strong profit

despite them making a loss of $1.347M?

No surprise that they would today run a negative article about the PAFC's #sideshow

Remember when #godhatesfages first arrived from his ACT-based real estate hobby and after no doubt being briefed by the likes of Chapman and Ricciuto in ze Wolfschanze, rolled out with a straight face and called for balance in the SA media?

It's extraordinary that these beliefs endure a quarter-century into the national competition.

 

[JimmyBeerCans]

Hey RussellEbertHandball I thought Simon Hill made his point in a much less offensive way today but he then entered bellend territory once again by saying his "band" is named after the Judas Priest song The Green Manalishi.. even a half-assed musician worth his salt knows the song was written by Peter Green of Fleetwood Mac!

*shakes head*

 

[RussellEbertHandball]

Hey RussellEbertHandball I thought Simon Hill made his point in a much less offensive way today but he then entered bellend territory once again by saying his "band" is named after the Judas Priest song The Green Manalishi.. even a half-assed musician worth his salt knows the song was written by Peter Green of Fleetwood Mac!

*shakes head*

haha I will have to listen to it if they put it up on sound cloud.

 

[Papa G]

Ch 7 news: Rory to step into Rory's role says Jane Reilly.

 

[bomberclifford]

Ch 7 news: Rory to step into Rory's role says Reilly Rory.

FTFY

 

[pastmyprimus]

If Port report a small real loss, it's all: management is incompetent, the afl need to step in, money wasted on China venture etc, etc,
If the Crows report a fake profit, it's all: financial powerhouse, Chapman and co are geniuses, generous contributor to grass roots footy etc, etc,

 

[Hammer#8]

If Port report a small real loss, it's all: management is incompetent, the afl need to step in, money wasted on China venture etc, etc,
If the Crows report a fake profit, it's all: financial powerhouse, Chapman and co are geniuses, generous contributor to grass roots footy etc, etc,

Some days