RussellEbertHandball
Flick pass expert
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- #7,251
Because that's the deal. It's a 50/50 venture so any short fall - to get the working capital of the SMA back up to $200k at the end of the year - is split, any excess profits are also split. The SANFL get 7 months to run it as hard as they can, the SACA gets 5 months.If you think it's about event days - why do both the SANFL and SACA get charged the same amount by the SMA as a 'service fee' of $4.1m? Wouldn't the SANFL be charged more since they have more event days? Why would the SACA have to pay for half of something they only get a quarter of the benefit of?
The deal doesn't have to be 50/50 on everything.