Rumour The St Kilda debt situation - no more tick

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ROORAGE said:
about farking time. How about you post a comparative table of the last 10 years on ALL key financial metrics between north and the aints. use actual facts. Not speculative bullshite from biased journo hacks pushing an agenda. Only reason the aints have escaped scrutiny To date is Gillon the muppet had his hand firmly up their clacker. Look at their board. They’re his mates and he’s a supporter. Plus North made him look farking stupid after he put his balls on the line to relocate us and we shafted him. Up yours gil and your boys club of sycophants. Scrutiny squarely in the aints. 12 mil and being propped up by AFL money. Can’t turn a profit. Spending more to dig themselves out of a financial hole. Doesn’t suit the narrative that cowro and cronies have been pushing for 30 plus years though does it.....
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TLDR: keep AFL HQ onside or you will be moving to Tassie
 
SimpkinByTheDockOfTheBay said:
North have been mediocre at best since our near death experience in 2007 ... two prelims ... but we paid off our debt and baked in a profit model.

That focus cost us onfield. But for a 150+ year old club, it made strategic sense. Sacrifice ten years onfield to guarantee your future.

As we see now, St Kilda are the side in the gun, not us..
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How's this working out now?
 

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st_trav_ofWA said:
of that debt how much of it is tied up in the building of Moorabbin ? i would say the vast chunk of it is .. so its a debt for an assett that will bring in potentail revenue once compleated ... seeing the word Debt doesnt always mean trouble when the debt is securing assetts ... yes North carry minimal debt but they also have two parts of stuff all to show for it ...
St Kilda will be fine the debts we have are being serviced , the issue comes when you cant service your debts
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Lets us all agree saints are doing better than north at the moment....
 
st_trav_ofWA said:
of that debt how much of it is tied up in the building of Moorabbin ? i would say the vast chunk of it is .. so its a debt for an assett that will bring in potentail revenue once compleated ... seeing the word Debt doesnt always mean trouble when the debt is securing assetts ... yes North carry minimal debt but they also have two parts of stuff all to show for it ...
St Kilda will be fine the debts we have are being serviced , the issue comes when you cant service your debts
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You know the vast majority is not tied up in the building of moorabbin. A 5 second Google will show you that.
 
Brunswick Trap King said:
I've got big concerns how they handle a poor season right now. They don't have the off field stability of North Melbourne who can easily eat a few bad years.

I hope everything works out but I'm fearing the worst.
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Yep, the let's bet everything on Brad Crouch and Brad Hill taking us to a flag strategy is courageous.
 

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It’s nice to see the dogs have officially left the pack of absolute bottom of the barrel with the Saints and North.

We surely join the Melbourne Demons caliber now. s**t.
 
ThePhreshOne said:
It’s nice to see the dogs have officially left the pack of absolute bottom of the barrel with the Saints and North.

We surely join the Melbourne Demons caliber now. sh*t.
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Sort of, you're no longer in the one flag only club with St Kilda, but you're a way off joining North and the Dees in having actual multiple flags that regard.

None you are with us in the two AFL flags bracket though.
 
SimpkinByTheDockOfTheBay said:
Sort of, you're no longer in the one flag only club with St Kilda, but you're a way off joining North and the Dees in having actual multiple flags that regard.

None you are with us in the two AFL flags bracket though.
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You are quite chipper for a troll that follows a team that would have been beaten by the Broadmeadows U/10s... actually not just beaten but robbed of their lunch money and sent home crying after getting Indian burns
 
SimpkinByTheDockOfTheBay said:
Sort of, you're no longer in the one flag only club with St Kilda, but you're a way off joining North and the Dees in having actual multiple flags that regard.

None you are with us in the two AFL flags bracket though.
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Look, the furtherest we can get from any category your club is in, the better.
 
50,000 members for the first time in the club’s history.

Brilliant achievement with 55,000 still in striking distance.

Happy days.
 
Atomboy said:
50,000 members for the first time in the club’s history.

Brilliant achievement with 55,000 still in striking distance.

Happy days.
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50,000 people must be thrilled they joined this year.

Happy days.
 
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