Magpie Annual Report now available:
https://s.afl.com.au/staticfile/AFL...Promos/181214_2018CollingwoodAnnualReport.pdf
https://s.afl.com.au/staticfile/AFL...Promos/181214_2018CollingwoodAnnualReport.pdf
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Last year the feds gave Port $4m to build an Aboriginal Centre of Excellence (ACE) which is a project for the building of an admin centre for our numerous aboriginal programs to be housed in there plus a training area in that one building and a second building for the accommodation for 50 students who will come from our aboriginal programs in the bush areas like the APY Lands, so they can complete their studies at high school, TAFE or Uni. This has nothing to do with footy, the students will be assessed on academic results not footy ability. The original plan was going to be just for girls, and all up is a $16~$18m project.Port release their financial results at 6pm, the Friday before Christmas:
http://www.portadelaidefc.com.au/news/2018-12-21/2018-financial-result-released
Loss of nearly $1m, saved by only a $4m land and buildings revaluation.
Port get very good attendances but could not attract a second major sponsor.
The AFL must seriously be looking at giving Koch the arse.
Last year the feds gave Port $4m to build an Aboriginal Centre of Excellence (ACE) which is a project for the building of an admin centre for our numerous aboriginal programs to be housed in there plus a training area in that one building and a second building for the accommodation for 50 students who will come from our aboriginal programs in the bush areas like the APY Lands, so they can complete their studies at high school, TAFE or Uni. This has nothing to do with footy, the students will be assessed on academic results not footy ability. The original plan was going to be just for girls, and all up is a $16~$18m project.
In last years accounts we didnt show the grant as income but as a liability for a government grant received in advance and last years note to the accounts said ... This funding is not available for use until certain conditions have been met, and these conditions had not been met at 31 October 2017. So I suspect we have brought a big chunk if not all of of this grant into the 2018 accounts. Wont know this for sure until the AGM in February.
Of the $1m loss, $310k are one off restructuring costs so dont know if hat has anything to do with the ACE either. Once again will have to wait for the AGM to have that one explained.
Not getting a second Joint Major Sponsor and stuffing up from 11-4 has hurt the club financially.
The China game breaks even because our Chinese benefactor Mr Gui underwrites the game, and whilst we have signed quiet a few small deals around the game but outside the revenues needed to put on the game, we haven't signed a big Chinese sponsor yet, where the sponsorship fees go straight to the club, rather than fund our Power Footy Programs which we are in 20+ schools in China and looking to expand to 100 schools in 2 more provinces by 2020. We signed another deal supporting these programs in Hangzhou on Tuesday.
No home final like 2017 means about $250k revenue drop. A full capacity AO final is worth $300k+ to the 2 SA sides.Thanks for all these details. I'm not sure you can blame a late season decline in on-field results too much. You were 4th with only 4 rounds to go.
No home final like 2017 means about $250k revenue drop. A full capacity AO final is worth s300k+ to the 2 SA sides.
AFL get 100% of the ticket revenue from finals, but as hirer of the ground they pay a rental fee to the ground owner/manager.I thought all profits from finals went to the AFL; none of the Vic clubs get a cent from MCG finals.
I thought all profits from finals went to the AFL; none of the Vic clubs get a cent from MCG finals.
Haha no wonder the WAFC was pissed off with this deal.In Perth, AFL finals revenue apparently makes up part of the funds in the 10.3m a year the WAFC takes from the stadium. It wouldnt surprise me if some of the extra revenue from finals at Adelaide Oval comes from the AFL pocket.
Haha no wonder the WAFC was pissed off with this deal.
Thinking about this a little more, I reckon the SA clubs probably get a slice of the rent fee the AFL pay to the SMA for hiring the ground for a final. That rent fee negotiated by the SMA/SANFL with the AFL might have gone up by around the same amount the clubs' slice was/is.In Perth, AFL finals revenue apparently makes up part of the funds in the 10.3m a year the WAFC takes from the stadium. It wouldnt surprise me if some of the extra revenue from finals at Adelaide Oval comes from the AFL pocket.
Carlton have finally released their financial report:
https://issuu.com/carltonfootballclub/docs/cfc_financial_report_2018_25_jan_19?e=27699791/67312643
North are certainly taking a long time too.
The way the story is written in The West, it sounds like that is before royalty payment to WAFC, which was capped at Subi to $2.3m since 2014, but might have been changed for Perth Stadium. The paragraph about Freo's result before royalty payment suggests that as well.The West Australian are reporting tomorrow that West Coast made an $11.4 million operating profit last year.
Eleven point four million.
Freos report has been lodged on asic, still no sign of the eagles. Can freo members request a copy for free? otherwise it's going to cost someone around 40 bucks:/
A puff peice aka leak in The West last weekCalling it now that the eagles turnover will be in excess of 85 million, possibly even 90 million
The West Australian are reporting tomorrow that West Coast made an $11.4 million operating profit last year.
Eleven point four million.