Official Club Stuff Carlton 2013 Annual Report & AGM Summary

[The_Wookie]

From the 2013 Annual Report

• Revenue: up from $46 million to 57 million
• Profit: up $528,000 from a loss of $683,000
• Debt repaid: $1,000,000 ($400,000 from AFl loan $600,000 from westpac loan)
• Football department expenditure up to 21 million from 20.3 million
• Sponsorship was down from 12.5 to 12.2 million
• Membership was up from 8.9 to 9.4 million
• Membership was up from 45,800 to over 50,561
• Gate receipts down from 3.4 to 3.1 million
• merchandise sales down from 1.9 to 1.8 million
• TV Ratings were up with Carlton the second highest on average

Details here
http://www.carltonfc.com.au/staticfile/AFL Tenant/Carlton/Documents/149th Annual Financial Report.pdf

 

[Jock]

A mill wiped. Nice, thanks Bruce.

 

[The_Wookie]

comparison -

Essendons report is here

• Membership up from 47,000 to 56,407
• Loss of 3.2 million (including costs associated with ASADA investigation and HPC grant)
• Net profit down from 12 million to 2.1 million
• High performance centre grants - 5.3 million
• Revenue down from 65 million to $63,690,189
• Sponsorship and merketing revenue up from 15.9 to 16.8 million
• Membership revenue up from 9.3 to 10.3 million, membership expense 4.2 million, net: 6.1 million
• Merchandise sales up from 3.226 to 3.249 million
• match receipts down from 726,504 to 637,773
• AFL/ASADA expenses and fines total 3.9 million

 

[Gavstar]

Interest bearing liabilities intrigue me.

2012
$5.97 current
$0.78 non-current

Total = $6.75M

2013
$5.8 current
$1.71 non-current

Total = $7.48M

Seems our loans have increased and not been paid off ? (Pokies purchase?) is this true?

 

[The_Wookie]

Interest bearing liabilities intrigue me.

2012
$5.97 current
$0.78 non-current

Total = $6.75M

2013
$5.8 current
$1.71 non-current

Total = $7.48M

Seems our loans have increased and not been paid off ? (Pokies purchase?) is this true?

we borrowed 1.78 million for pokies purchases.

 

[BlueBelle]

Interest bearing liabilities intrigue me.

2012
$5.97 current
$0.78 non-current

Total = $6.75M

2013
$5.8 current
$1.71 non-current

Total = $7.48M

Seems our loans have increased and not been paid off ? (Pokies purchase?) is this true?

Yep - borrowed $1.878m to purchase pokie machines. Debt is repayable over 5 years. Balance owing is $1.768m

 

[etsal1]

Reading the whole thing we also paid less to players this year compared to last. What is the total salary cap for 2014? Trying to figure out how much room we have

 

[Aphrodite]

Reading the whole thing we also paid less to players this year compared to last. What is the total salary cap for 2014? Trying to figure out how much room we have

I think it's somewhere in the vicinity of $9.63M for 2014 and a minimum of 95% has to be paid.

 

[fortynine]

The salary cap for this year was 9.13 million, and I am yet to find anywhere that states the salary cap for 2014. Is it possible that it hasn't been determined yet? TPP went up this year for, 92.5% to 95, meaning the most space free a club can have is $456,500, not including any club with a COLA,.

The reason our payments went down was moving paymens on the veterans list and the significant pay cut Juddy took I believe.

 

[The_Wookie]

2012 – $8.787 million per club (7 per cent increase)
2013 – $9.139 million per club (5 per cent increase)
2014 – $9.632 million per club (5.4 per cent increase)
2015 – $9.92 million per club (3 per cent increase)
2016 - $10.2 million per club (3 per cent increase)

From the AFLPA CBA

 

[etsal1]

The salary cap for this year was 9.13 million, and I am yet to find anywhere that states the salary cap for 2014. Is it possible that it hasn't been determined yet? TPP went up this year for, 92.5% to 95, meaning the most space free a club can have is $456,500, not including any club with a COLA,.

The reason our payments went down was moving paymens on the veterans list and the significant pay cut Juddy took I believe.

Judd's pay cut is for 2014.

 

[The_Wookie]

I think it's somewhere in the vicinity of $9.63M for 2014 and a minimum of 95% has to be paid.

yes and that includes the ASA. It was raised from the previous 92.5% for this CBA

 

[The_Wookie]

Also note that

Major increases in the minimum wage and prescribed payments for rookie players of 17%,
19%, 9.3%, 3% and 3%, bringing rookies to $53,785 per year by the 2014 year;

 

[fortynine]

Judd's pay cut is for 2014.

Oh right, my bad.

Perhaps it was bower, houlihan and o'hailpins contracts? They all would have been a pretty decent salary compared to rookies and kids on their first contracts.

 

[Aphrodite]

LINK

The Carlton Football Club today announced a net operating profit of $528,095 for the financial year ending October 31 2013.
Carlton increased its year-on-year revenue by 23.3% from $46 million to $57 million and Football Department expenditure increased from $20.3 million to $21 million. The net profit result follows a loss of $683,799 last year.
Significantly, Carlton has reduced its debt by $1,000,000. The Club has now repaid $2.45 million of debt in the past three years.

Carlton CEO Greg Swann says the repayments are in line with the Club’s strategic plan to be clear of historical debt by the end of 2017.
“We’re very pleased to have been able to turn around a loss and produce a significant overall net profit in 2013, while staying on track to repay the Club’s historical debt,” Swann said.
“Membership reached record levels this year, while television ratings and match attendances were also improved.
“It shows that Carlton is in a healthy position both on and off the field and delivers the club a strong platform to celebrate the 150th anniversary in 2014.”
“We will work to engage and put our members at the centre of the celebration.”

LINK

 

[The_Wookie]

From the AGM for those who missed it

Carlton FC ‏@CarltonFC 6h

• President Stephen Kernahan has officially opened Carlton's AGM, and announced Richard Newton is stepping down from the Board.
• Kernahan: off-field the Club is running well, on-field we need to get better. I think Mick can pull something together for us
• The returning officer has confirmed Richard Newton will not be replaced, so the Club will have 12 Directors going forward.
• Stephen Kernahan has thanked Richard Newton for his contribution to the Club. He has served as Vice President for three years
• Members have paused to pay tribute to those who have passed away this year. Sadly it's a lengthy list
• Matthew Kreuzer has taken the stage and says pre-season training back at Visy Park has been tough going
• Lachie Henderson's up now: "It was good to get a full year in with no injuries...I played every game which was great.
• 15 members are being recognised with Certificates of Appreciation for more than 80 years of loyalty to the Club. Massive effort!
• Congratulations to Carlton's longest serving staffer, GM-Operations Martin Shannon, who has been made a Life Member of the Club
• Carlton's longest serving member 98-year-old Myer Brott has also been made a Life Member. He has been a Carlton member for 87 years
• And the final new Life Member for the evening... Captain @marcmurphy3!! Congrats to the skipper.
• Chris Judd on stage after presenting the awards: We're focused on improving and I think that's what we'll do this year.
• Members have voted in favour of changing the Club's constitution to allow Interstate & Country adult members to vote
• Members told a pop-up Social Club & Blue Class Cinema are some of the exciting things in the pipeline for the Club's 150th year.
• Round 13 v Hawthorn next season has been announced as the marquee game to celebrate our 150th year.
• A member has raised the idea of having a statue of Stephen Kernahan erected at Visy Park. Resounding applause
• Sticks seems less keen on the statue idea, but has thanked members for their sentiment.

Carlton FC ‏@CarltonFC 5h
To recap: 3 new Life Members inc captain Marc Murphy, while Interstate & Country adult members have voting rights. #CFCAGM over and out.

 

[Silvagnis]

Imagine 87yearBlue posting on BF.

Would quit posting and complain about Jack Worrall leaving to coach Essendon.

 

[ESKIE]

A statue od Sticks...great idea,,push the little navy button and it sings stand by your man...

 

[thylacine60]

Imagine 87yearBlue posting on BF.

Would quit posting and complain about Jack Worrall leaving to coach Essendon.

Bloke's first ever membership card was a clay tablet.

 

[HBF]

Sticks could sing stand by your man at the unveiling of his statue.

 

[etsal1]

Gee Hendo speaks well.

He will be in the running for captaincy after Murph.

 

[thylacine60]

Mick Turner his coach at Geelong Falcons said he'd captain a team one day.

 

[HBF]

Gee Hendo speaks well.

He will be in the running for captaincy after Murph.

Thats a great call.
Has the makings to become a very very good player at this football club.

 

[etsal1]

Thats a great call.
Has the makings to become a very very good player at this football club.

I wanted to say "he will be captain after Murph" but I was worried he may be too old once Murph hands it over

 

[AlecDuncan]

A statue od Sticks...great idea,,push the little navy button and it sings stand by your man...

They should put these out like VB did with the Boonies. Who wouldn't buy one?