Father-SonJordan Hinkley any relation ?
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Father-SonJordan Hinkley any relation ?
Sent from my iPhone using BigFooty.com
Raising $1.1m in 2011 is actually staggering and impressive considering how few people were engaged at the time.
AFL should step up and wipe out debt then (or at least a very big part of it), growing the game internally is to their benefit as well.For what it’s worth, my understanding is our debt is basically 100% due to China. We won’t be back there after next year, essentially the money we are making there is the amount of seats we are selling (obviously not counting the seats we giveaway). Laws changed right around the time we started playing there in terms of Chinese investing in international sports, this has had a pretty big role. My information could be bad, but take it or leave it.
Also haven’t read completely through the thread so don’t know what has or hasn’t been mentioned in terms of China.
For what it’s worth, my understanding is our debt is basically 100% due to China. We won’t be back there after next year, essentially the money we are making there is the amount of seats we are selling (obviously not counting the seats we giveaway). Laws changed right around the time we started playing there in terms of Chinese investing in international sports, this has had a pretty big role. My information could be bad, but take it or leave it.
Also haven’t read completely through the thread so don’t know what has or hasn’t been mentioned in terms of China.
Maybe, time will tell.Your information is bad.
I rather think the 3 to 4 million dollar operating losses 2009 to 2012 were the problem. China is underwritten by Mr GuiFor what it’s worth, my understanding is our debt is basically 100% due to China. We won’t be back there after next year, essentially the money we are making there is the amount of seats we are selling (obviously not counting the seats we giveaway). Laws changed right around the time we started playing there in terms of Chinese investing in international sports, this has had a pretty big role. My information could be bad, but take it or leave it.
Also haven’t read completely through the thread so don’t know what has or hasn’t been mentioned in terms of China.
Maybe, time will tell.
For what it’s worth, my understanding is our debt is basically 100% due to China.
We won’t be back there after next year,
essentially the money we are making there is the amount of seats we are selling (obviously not counting the seats we giveaway).
Laws changed right around the time we started playing there in terms of Chinese investing in international sports, this has had a pretty big role.
My information could be bad, but take it or leave it.
I’d settle for “My information could be bad” and leave it.Incorrect. The vast bulk of our debt was accrued prior to China even being an idea at the board table.
Incorrect. We have a three year arrangement to play St Kilda that concludes at the end of 2021.
We don't make any money on attendance at the game and this has never been the aim. The sole aim is to tap a sponsorship/partnership resource that is outside of the confines of South Australia.
I don't know anything about this. Lockhart Road is this a thing?
Save for the last bit, I'll leave it.
We’ll just have to wait and seeIncorrect. The vast bulk of our debt was accrued prior to China even being an idea at the board table.
Incorrect. We have a three year arrangement to play St Kilda that concludes at the end of 2021.
We don't make any money on attendance at the game and this has never been the aim. The sole aim is to tap a sponsorship/partnership resource that is outside of the confines of South Australia.
I don't know anything about this. Lockhart Road is this a thing?
Save for the last bit, I'll leave it.
Our debt comes from making yearly million dollar losses ever year bar one between 2008 and 2014. How do you reckon we funded these loses?? Share issues? Have you just come out of a coma because your memory is poor.For what it’s worth, my understanding is our debt is basically 100% due to China. We won’t be back there after next year, essentially the money we are making there is the amount of seats we are selling (obviously not counting the seats we giveaway). Laws changed right around the time we started playing there in terms of Chinese investing in international sports, this has had a pretty big role. My information could be bad, but take it or leave it.
Also haven’t read completely through the thread so don’t know what has or hasn’t been mentioned in terms of China.
We’ll just have to wait and see
Are you waiting for alternative facts to turn up?We’ll just have to wait and see
Port Adelaide back in the red as finances hit
... Port CEO Keith Thomas has put on the record that the club is heading for a break-even year. Off the Record hears Port’s loss could be in the region of $400,000, which is not inconsistent with Thomas’s previous statements.
All will be revealed in February at Port’s AGM.
... this would place Port as just one of two AFL clubs to deliver a cash loss.
... The club’s financials last year didn’t make great reading. The club posted a slim operating profit, which slipped to a loss once depreciation and other factors were subtracted — worrying enough to prompt its auditors to include a “going concern” notice in the books.
Well done Club leaders.
Well done, board of directors.
Well done, Chairman Moi. Lucky you discovered China and learned how to milk it, hey?
Port Adelaide back in the red as finances hit
... Port CEO Keith Thomas has put on the record that the club is heading for a break-even year. Off the Record hears Port’s loss could be in the region of $400,000, which is not inconsistent with Thomas’s previous statements.
All will be revealed in February at Port’s AGM.
... this would place Port as just one of two AFL clubs to deliver a cash loss.
... The club’s financials last year didn’t make great reading. The club posted a slim operating profit, which slipped to a loss once depreciation and other factors were subtracted — worrying enough to prompt its auditors to include a “going concern” notice in the books.
Well done Club leaders.
Well done, board of directors.
Well done, Chairman Moi. Lucky you discovered China and learned how to milk it, hey?
Yeah, but new logo dude.
Gotta accentuate the positives.
And also need to work towards a better deal with the SMA and put an end to the SANFL bleeding us drySo the AFL appoint 50% of our board and we have David Koch wheeling and dealing with corporate Australia and yet we struggle to get corporate funding to stay afloat.
Dont blame the fans here as we are ranked in the top 8 in league for members and average attendances. We are doing our job!
I think we need to work harder for corporate Australian dollars as the China experiment is not the way to go for longterm success.
So the AFL appoint 50% of our board and we have David Koch wheeling and dealing with corporate Australia and yet we struggle to get corporate funding to stay afloat.
Dont blame the fans here as we are ranked in the top 8 in league for members and average attendances. We are doing our job!
I think we need to work harder for corporate Australian dollars as the China experiment is not the way to go for longterm success.