Are we in strife?

[Scallop Industry Thug]

The contracts are for 18 teams. We're more financially stable than at least a few other clubs. We have a niche, aswell as a inner city hub.

But this campaigner of a virus will * everything up.

My hunch is the AFL will pump money in. Half the league can go which means nobody will go.

 

[The Nostradamus]

Nah
And we undefeated this year so far

also good amount of time to get a fully fit list

 

[discodaddy]

The contracts are for 18 teams. We're more financially stable than at least a few other clubs. We have a niche, aswell as a inner city hub.

But this campaigner of a virus will fu** everything up.

My hunch is the AFL will pump money in. Half the league can go which means nobody will go.

The AFL have a bankable asset, being the broadcast rights. Against that asset it could borrow significant sums of money to its own operations and those of the clubs. This thing is going to hit everyone hard. The AFL might come out of it hundreds of billions in debt, but I think it and NMFC will get through it.

 

[Scallop Industry Thug]

You mean hundreds of millions I think.

 

[Royal Flush]

The AFL have a bankable asset, being the broadcast rights. Against that asset it could borrow significant sums of money to its own operations and those of the clubs. This thing is going to hit everyone hard. The AFL might come out of it hundreds of billions in debt, but I think it and NMFC will get through it.

Yep
Gill said they were working on their liquidity.

Sent from my Pixel 3 XL using Tapatalk

 

[SMaturin]

Would not want to be Brad Scott right now.

 

[Waussie]

Financially it'll be a struggle, but they'll get through. They will get government help

 

[SMaturin]

Our club exists for the battle.

 

[the big lebowski]

Aside from the contempt the public would hold for players not willing to take a pay cut, I just don’t see how they can avoid a massive cut.

They held out for and got a % or revenue. Now they have to deal with that. If revenue is down 70%, so too are their salaries surely

 

[Scallop Industry Thug]

Tom Morris just reported North and Doggies will only cut staff as a last resort.

 

[shimaburnsgrieg]

2 key revenue items for us are

1. Hobart games - 2m (with extra $ for game day revenue based on attendance etc)
2. GF breakfast - 1.5m

If there are no more games/finals/GF we will struggle as all clubs will.

We have the benefit that we don't budget for big game day dollars/blockbusters so not having those is not a problem or loss as such for us.

But we definitely still need to play the Hobart games and have the GF breakfast to generate those dollars.

Also I am not sure how Bard's contract pay out is impacted by this - all AFL staff and current coaches will have to take a pay cut under the soft cap restriction - I am assuming Bard's payout will go down proportionality.

 

[krakouers]

Don’t forget we have faced oblivion before, this time we are much better off, significantly less debt and better finances in general, yes it will hurt but we are far better off than more than a few clubs

AFL and Vic Gov money will see us through, we will be ok

Sign up for a membership if you haven’t already

 

[discodaddy]

You mean hundreds of millions I think.

Um, yes. Butterfingers...

 

[Cool Kangas]

Five-year recovery as smaller Victorian AFL clubs battle for survival

Industry analysts say the AFL will need to assist smaller Victorian clubs such as Melbourne and St Kilda so they can survive coronavirus epidemic

www.theage.com.au

I posted this in the Coronavirus thread but no one answered. Maybe here?

This article lists north, saints and dees as the smaller Vic clubs. I am genuinely perplexed as to why the WB are not included in this conversation??

St Kilda has a larger latent supporter base than them by far and North’s current membership tally is only around 1000 behind them at the moment. Furthermore, it’s not as if the WB get bumping crowd numbers in comparison to the other 3 aforementioned clubs and certainly not in the vicinity of the larger clubs. Additionally, the Roos are virtually debt free (I think). What the hell gives??

 

[Scallop Industry Thug]

Five-year recovery as smaller Victorian AFL clubs battle for survival

Industry analysts say the AFL will need to assist smaller Victorian clubs such as Melbourne and St Kilda so they can survive coronavirus epidemic

www.theage.com.au

I posted this in the Coronavirus thread but no one answered. Maybe here?

This article lists north, saints and dees as the smaller Vic clubs. I am genuinely perplexed as to why the WB are not included in this conversation??

St Kilda has a larger latent supporter base than them by far and North’s current membership tally is only around 1000 behind them at the moment. Furthermore, it’s not as if the WB get bumping crowd numbers in comparison to the other 3 aforementioned clubs and certainly not in the vicinity of the larger clubs. Additionally, the Roos are virtually debt free (I think). What the hell gives??

Terrible article. It's basically, small clubs will need help. No s**t, all will need help. Big and small.

 

[shimaburnsgrieg]

Don’t forget we have faced oblivion before, this time we are much better off, significantly less debt and better finances in general, yes it will hurt but we are far better off than more than a few clubs

AFL and Vic Gov money will see us through, we will be ok

Sign up for a membership if you haven’t already

I signed up months ago for the family at $1500 - reserved seats and all.

I am glad I have done that - because I probably would find it hard to justify now with no games etc.

It's effectively a donation as we will be lucky to have 4 home games in Melbourne this year - but ...suck it up and all that.

I wont be ringing the club for a refund although I know a few who have.

 

[Cool Kangas]

Terrible article. It's basically, small clubs will need help. No s**t, all will need help. Big and small.

So you think the only reason they’re not mentioned is because it was an oversight owing to it being a bad article??

 

[Cool Kangas]

I signed up months ago for the family at $1500 - reserved seats and all.

I wont be ringing the club for a refund although I know a few who have.

I think that’s kind of sad that they have. The clubs need our support more than ever.

 

[krakouers]

Five-year recovery as smaller Victorian AFL clubs battle for survival

Industry analysts say the AFL will need to assist smaller Victorian clubs such as Melbourne and St Kilda so they can survive coronavirus epidemic

www.theage.com.au

I posted this in the Coronavirus thread but no one answered. Maybe here?

This article lists north, saints and dees as the smaller Vic clubs. I am genuinely perplexed as to why the WB are not included in this conversation??

St Kilda has a larger latent supporter base than them by far and North’s current membership tally is only around 1000 behind them at the moment. Furthermore, it’s not as if the WB get bumping crowd numbers in comparison to the other 3 aforementioned clubs and certainly not in the vicinity of the larger clubs. Additionally, the Roos are virtually debt free (I think). What the hell gives??

They seem to have had a few years profits, but from the latest financial report:

Bulldogs announce sixth consecutive profit

The Western Bulldogs have announced a total profit of $2,980,693 for 2019.

www.westernbulldogs.com.au

 

[Scallop Industry Thug]

So you think the only reason they’re not mentioned is because it was an oversight owing to it being a bad article??

There's no analysis in the article. We've made...what is it...9 profits in 10 years...the club is financially stable.

 

[krakouers]

There's no analysis in the article. We've made...what is it...9 profits in 10 years...the club is financially stable.

It’s fairly stock standard and lazy, North = small club = financially unstable,
Doggies = recent premiers = must be financially stable

 

[The Warlord]

Andrews Government is not going to let clubs go under.

AFL already negotiating with them for a $250m line of credit.

 

[Scallop Industry Thug]

Word on the street, is that Gill is sending this bloke in to Andrews' office for that line of credit.

 

[shinboner magic]

Don’t worry the AFL will play every blockbuster when they comeback - to make up some of the money

 

[krakouers]

Don’t worry the AFL will play every blockbuster when they comeback - to make up some of the money

I was hoping for us to play a really good Good Friday game though