Rumour 2 Melbourne Clubs in Dire Straits

Remove this Banner Ad

On governments yes, companies (if too big to fail/politically connected) yes.

Aussies buying homes, no, given we don't have mail the keys back laws here.

Footy clubs ... most defo not.

As I keep saying, a debt laden club that becomes effectively insolvent isn't going to fold or be forcibly merged or relocated, only the mentally infirm and Richmond supporters think that.

But imagine CEO Simon Lethlean in the months after the AFL refuses to guarantee the debt any more and refuses the increased distributions (or cuts it back to what North/Dogs get, rendering the Saints insolvent) and says, no, for more money we will run the show from here.

There's things worse than death and becoming an AFL owned and run zombie club is on.

CEO is Matt Finnis
Simon Lethlean is COO
 

Log in to remove this ad.

I will give you a tip, all the clubs are in deep s**t.

The AFL is a socialist model. Socialism always fails because it punishes the successful by reducing them to the lowest common denominator. Socialism also promotes 'causes' at the expense of all eg Women's footy.

The AFL copied NFL/NBA re cap and draft but it forgot one very clear difference in America they are privately owned and have to actually pay their own way. If they don't they get sold and/or relocated to new markets.

AFL was always going to end up in crap but the corona virus has just accelerated it. Now all will pay, just like all pay in any socialist model.
 
No, 1 Melbourne club needs to fold, or at the very least merge with another. That opens the door for a stand alone club in Tasmania. Not sure how that will affect the bottom lines of both Hawthorn and North as they have become reliant on the income generated (via the Tasssie govt.) from their Tassie "home games" (what is that income anyway, $1M a game?)
Then again, who gives a f$&k about that? Certainly not Tasmanians.
 
For what its worth, Carlton is approaching 75,000 members this year - be surprised if they went broke.

those numbers literally mean nothing
 

(Log in to remove this ad.)

I will give you a tip, all the clubs are in deep s**t.

The AFL is a socialist model. Socialism always fails because it punishes the successful by reducing them to the lowest common denominator. Socialism also promotes 'causes' at the expense of all eg Women's footy.

The AFL copied NFL/NBA re cap and draft but it forgot one very clear difference in America they are privately owned and have to actually pay their own way. If they don't they get sold and/or relocated to new markets.

AFL was always going to end up in crap but the corona virus has just accelerated it. Now all will pay, just like all pay in any socialist model.

Well if it was a true socialist model then it would mean more even fixturing and FTA TV slots so each club could maximise sponsoring and revenue opportunities.

Happy to live and die by the sword if that was the case.
 
Thatā€™s what happens when you canā€™t lose every week...
Letā€™s say at University you are a full member if you study 4 subjects; if you study 1 subject you are still a member butt you are 1/4 of a member. How many of the supposed 75,000 are full members. Do they have 3 game memberships in which case they are 1/6 of a member. It is a duplicitous scam
 
I think Chief hands out mod badges to the biggest whingers, in an effort to get them to shut up once in a while. I assume that's how Beerfish got made one.
If that was true half the cats and eagles fans would all be mods
 
If that was true half the cats and eagles fans would all be mods
How do you explain there's never been a Pie Mod on the main board?


I think I'm regretting/laughing at responses that might ensue!
 
Well if it was a true socialist model then it would mean more even fixturing and FTA TV slots so each club could maximise sponsoring and revenue opportunities.

Happy to live and die by the sword if that was the case.

There is not true sociliast model cos those at the top will always line their pockets at the expense of everyone else. Seen Gill's wage? But to line their pockets they take from everyone, thats why it always collapses.
 

Remove this Banner Ad

Back
Top