Nothing wrong with a good discussion and review of the result surely...So why don't we see what happens next year before we start to whinge?
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Nothing wrong with a good discussion and review of the result surely...So why don't we see what happens next year before we start to whinge?
Absolutely nothing at all wrong with it Out of interest do you have any ideas on what other revenue streams the club should look at?Nothing wrong with a good discussion and review of the result surely...
Medicinal marijuanaAbsolutely nothing at all wrong with it Out of interest do you have any ideas on what other revenue streams the club should look at?
The thought of us diversifying is fairly scary tbh but it's going to be necessary.
I like it. I was thinking an Essendon monorailMedicinal marijuana
Absolutely nothing at all wrong with it Out of interest do you have any ideas on what other revenue streams the club should look at?
The thought of us diversifying is fairly scary tbh but it's going to be necessary.
You look at what other clubs are doing.. Richmond have invested in a chain of leisure centres, it generated $24M revenue in 2019. Richmond is planning a $60m investment in redeveloping it’s facilities so it needs to continue to generate strong profits and surplus cash. All clubs will need similar diversified revenues.Absolutely nothing at all wrong with it Out of interest do you have any ideas on what other revenue streams the club should look at?
The thought of us diversifying is fairly scary tbh but it's going to be necessary.
I'm no financial expert but getting rid of debt can only be a good thing, right?
That or double down with a ring of EFC (Essendon Fried Chicken) stores and Bomberland Liquor barns around the outskirts of Melbourne.Maybe we can stop stripping the povvos in Melton of their last $$$ now and move onto a more reputable source of income
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no growth...
In layman's terms, yes. But I think in business (and in government when they're not trying to get elected), there's a different perspective, concerning "good" debt and "bad" debt. Good debt you borrow in order to invest and overall grow your assets when the interest rate is low. When things change you reverse the process to prevent it from biting you in the arse. That's typically why people have mortgages, though that can turn bad if you pay too much for the loan and/or the house ends up being worth less than what you paid for it.
Bad debt is more along the lines of a car loan where by the time you finish paying it off the car isn't worth anything anymore (assuming it's a regular sort of car and not some limited edition thing that becomes more valuable over time).