Strategy Chasing Greatness Fund

[chiwigi]

If we are constantly in debt with 50k memberships, 35k crowds and a salary cap then we may as well just spend like *!

Someone is clearly making money off us (AFL TV and SMA/SANFL from the stadium deal), we don’t even get to make our own decisions. They hold the debt over us as a constant threat.

* them, let them pay (with our money).

 

[Rendaw]

We have good membership numbers, crowd sizes and merch sales yet we cant pay off debt? 12 million is nothing when it comes to top tier sports yet our debt level keeps increasing.

The AFL signed a $2.5B broadcast deal in 2015 and you are telling me we need average joes to chip in to pay off $12m in debt?

How about the AFL stooges that are on our board pay it off or GTFO of our club so we can appoint competent people to run the place.

 

[Portology]

And when the Vic clubs had a shitty deal at Marvel they bought it out so they could make it better.

Surely post covid would be a prime time to buy out a struggling SANFL and get things right if they were serious about a strong National competition.

People will say that the SANFL won't sell but for enough $$ they would sell their own mother and the AFL can afford it, even if it is overs.

@REH what would be the logistics of someone setting up a chasing self determination fund where people could pledge but have it only collected upon when we get self determination and the bars?

Would it be costly to set up or could anyone do it?

It would be the best next natural step for the BBTB campaign IMO.

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Yep.

Because technically, they already did sell off one of their parents, and their own b*st*rd child as well, yet were cold enough to insist on a lifetime share in future earnings from the flesh of their own relatives.

In fact to your later point of linkage BBTB == "Buy Back The Body"

 

[PAFC66]

Won’t be getting any more of my money until Hinkley is gone.
I’ll keep up my memberships but nothing more.

I'm with you here.

 

[HighBudget]

If Port and Crows cut their ties with SANFL and go into an AFL reserves league would that mean that the SANFL would no longer have their hand in the Adelaide Oval Pie when it comes to our games?

 

[Borscht Mat]

If Port and Crows cut their ties with SANFL and go into an AFL reserves league would that mean that the SANFL would no longer have their hand in the Adelaide Oval Pie when it comes to our games?

yep. 100%. The SANFL, to their credit, have played everyone. They first flipped the bird to the SACA and built Footy Park in the 70s. This gave them complete control over large games in the state which they of course ran. When we tried to enter the AFL and it flipped to the crows, whilst others were worried about recruitment zones and concessions the SANFL stitched up that all AFL games will be played at FP, and of course that they woudl own the crow's license which of course the crows had to pay for, and then us as well.

They then sold the licenses back to us, which meant we paid them again.

Then when AO came along they leveraged the "all AFL games must be played at FP" clause into "we wan't the stadium earnings from AO via SMA" clause. SO now, they make the stadium returns generated from 2 clubs that they do not own or carry the ultimate financial risk from. All because they flipped of the SACA in 196whatever.

In the whole shebang I cannot think of a deal where they have been shafted. At the big picture stuff they win every time.

 

[Steve Dore]

If Port and Crows cut their ties with SANFL and go into an AFL reserves league would that mean that the SANFL would no longer have their hand in the Adelaide Oval Pie when it comes to our games?

No, it wouldn't change the AO stadium deal.

 

[Duck Farmer]

Very underwhelming so far. Not well received by the fans I imagine.


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lol - that 44K is about what Hinkley makes for coaching one game.

 

[El_Scorcho]

If we are constantly in debt with 50k memberships, 35k crowds and a salary cap then we may as well just spend like fu**!

Someone is clearly making money off us (AFL TV and SMA/SANFL from the stadium deal), we don’t even get to make our own decisions. They hold the debt over us as a constant threat.

fu** them, let them pay (with our money).

Bang on.

If the AFL don't like the people they've appointed to run the club, they can appoint new people.

We're at zero threat of going under. Zero. The money we bring into the game is too significant. We're a solid medium sized club. A replacement club in Adelaide simply wouldn't have any fans.

The lack of revenue sharing in the AFL is ridiculous. There's plenty of money to go around.

 

[Papa G]

Bang on.

If the AFL don't like the people they've appointed to run the club, they can appoint new people.

We're at zero threat of going under. Zero. The money we bring into the game is too significant. We're a solid medium sized club. A replacement club in Adelaide simply wouldn't have any fans.

The lack of revenue sharing in the AFL is ridiculous. There's plenty of money to go around.

Adelaide (the city) crowd and Ch 7 viewing numbers are consistently the highest per capita in the country. SA might just be the most rabid football consuming state in Australia. Yet we get treated like a-hole second class citizens. Time to stand the * up.

 

[Papa G]

Just going back to the AIA sponsorship thing (which does have a team in every state now), I have to give Kochie his dues here. The AIA CEO stated to me that it was Kochie who personally rang him to get Port the sponsorship and he was very impressed by Koch's tenacity and passion. So yeah, he can be a doofus but he does open doors for us too.

 

[HighBudget]

No, it wouldn't change the AO stadium deal.

Surely it can be revised in that case?

 

[scotty13]

When I got the email I was a little bit annoyed.
There are so many things the club has done recently that would suggest they aren't chasing greatness, so to then start a chasing greatness fund was puzzling.

I won't be donating at this stage for a variety of football and personal reasons, I already spend enough on memberships and merch.

 

[scotty13]

Very underwhelming so far. Not well received by the fans I imagine.


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Thats not a bad average of $478.50 per donation.
If everyone donated that amount, we would only need about 27,000 people to donate to knock off the 13mil.

 

[Doctor Feel]

If it was a "get rid of hinkley fund" i'd tip in, even if it's only to correct a ******* stupid mistake made by the board and CEO.

 

[tribey]

Surely it can be revised in that case?

Nah. The whole thing is seen as a big investment/compensation fund to keep the local league afloat regardless.

 

[bomberclifford]

 

[Grave Danger]

Heard today that AIA are coming on as a sponsor. Whilst they are chucking in some dough, club benefits will be tied to take up of their Health Insurance/Vitality product.

I've said it before - we are Tottenham Hotspur.

 

[Jonts]

I've said it before - we are Tottenham Hotspur.

I follow both

And yes

 

[Steve Dore]

Surely it can be revised in that case?

Why, what leverage do we have?

The SMA manage Adelaide Oval. We are just a tenant with a stadium agreement to play AFL games there. Us having a reserves team in the SNAFL or not has no bearing whatsoever on that agreement.

 

[Chewy316]

How much debt does the club expect the fans to pay off using this chasing greatness fund? And does anyone know the target date theyve set to have eradicated the debt in full?

RussellEbertHandball tagged you because you probably will know more than anyone else.

 

[ibd77]

If we are constantly in debt with 50k memberships, 35k crowds and a salary cap then we may as well just spend like fu**!

Someone is clearly making money off us (AFL TV and SMA/SANFL from the stadium deal), we don’t even get to make our own decisions. They hold the debt over us as a constant threat.

fu** them, let them pay (with our money).

They will say that it's just the overheads of doing business.

 

[RussellEbertHandball]

How much debt does the club expect the fans to pay off using this chasing greatness fund? And does anyone know the target date theyve set to have eradicated the debt in full?

RussellEbertHandball tagged you because you probably will know more than anyone else.

They want $13m debt paid off in 5 years. They wouldnt expect all of it to be paid off via this fund and by members and fans. They would also be looking at corporates to contribute.

 

[Lockhart Road]

They want $13m debt paid off in 5 years. They wouldnt expect all of it to be paid off via this fund and by members and fans. They would also be looking at corporates to contribute.

All this being the cumulative effect of Koch’s post-Oct 2012 presidency / chairmanship / financial guruship

 

[RossFC]

Very underwhelming so far. Not well received by the fans I imagine.


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Am I right in saying that 60k members need to give 13 cents each per day to reach the 13mil target in 5 years?