Current Club Debts?

[Bobby Beecroft]

Do a bit of research and i think you wil find they have not sold all of those bad debts..

They are still stranded with the Beach in Port Melbourne, as its sale fell through due contigencies on licencing permits not being granted.
I haven't heard much about this since........... perhaps conveniently.
Anyone know where this one is at?

 

[footyfan1978]

Needs updating to the present for anyone that has all the figures handy.

 

[The_Wookie]

Its not all, clubs have other non AFL guaranteed loans.

 

[Golden_6]

I’m very thankful that the leaders of our club have put us in a strong financial positions and the ability to survive this mess. We’ve come a long way.

 

[Cotchins Hair Piece]

GWS chief blames injuries, grand final costs for financial loss

Giants chief David Matthews says the club has lost up to $1.5 million over the past two seasons to injuries in addition to the added grand final costs.

www.theage.com.au

 

[Cotchins Hair Piece]

2019 League, Club, Stadium Annual Reports - Sports Industry AU

AFL Annual Reports 2019 AFL Concise Report 2019 AFL Stadia Annual Report 2019 Adelaide Annual Report 2019 Brisbane Annual Report

www.footyindustry.com

 

[Upgrayedd]

GWS chief blames injuries, grand final costs for financial loss

Giants chief David Matthews says the club has lost up to $1.5 million over the past two seasons to injuries in addition to the added grand final costs.

www.theage.com.au

Not to rag on GWS because they cop it harder then any club and unrightfully so and they've put a huge de appreciation on equiptment which is fair, but you want to be breaking even on years like they had

 

[The_Wookie]

2019 League, Club, Stadium Annual Reports - Sports Industry AU

AFL Annual Reports 2019 AFL Concise Report 2019 AFL Stadia Annual Report 2019 Adelaide Annual Report 2019 Brisbane Annual Report

www.footyindustry.com

This is being updated today with more information on assets, liabilities, cash holdings and equity

 

[BronCrow]

This is being updated today with more information on assets, liabilities, cash holdings and equity

Funny how my club hasn't put up there annual report for last year on there.

 

[The_Wookie]

Funny how my club hasn't put up there annual report for last year on there.

I have it, its one of the things im updating.

 

[BronCrow]

I have it, its one of the things im updating.

OK, was thinking it would fall right in line with the board being unprepared to be transparent with the members and supporters.

 

[The_Wookie]

OK, was thinking it would fall right in line with the board being unprepared to be transparent with the members and supporters.

members can request a copy of the annual report from the club

 

[BronCrow]

members can request a copy of the annual report from the club

I am not a member though, thus why I put in supporters in my original statement.

 

[hilly]

I’m very thankful that the leaders of our club have put us in a strong financial positions and the ability to survive this mess. We’ve come a long way.

Probably hard to isolate but it would be interesting to see what financial impact 2016 had - $2m or so? From memory your debt was quite high at one stage so obviously not the only impact.

 

[Kwality]

I’m very thankful that the leaders of our club have put us in a strong financial positions and the ability to survive this mess. We’ve come a long way.

Hope you arent buoyed by the $18 mil profit.

Bulldogs post fourth straight significant profit

Western Bulldogs have announced a total profit of $18.094 million for the financial year ended October 31, 2018.

www.westernbulldogs.com.au

 

[Cotchins Hair Piece]

Considering there’s two clubs in the west, I’d except the Eagles to be doing much better than they are. No impressed.

 

[Kwality]

I’m very thankful that the leaders of our club have put us in a strong financial positions and the ability to survive this mess. We’ve come a long way.

Lots of IFs still, have pokies gone, do you have any ongoing income?

West Coast, Richmond, Hawthorn and Collingwood are the teams said to be financially strong enough to keep operating if there is no 2020 season and the AFL does not fund the clubs.

 

[Kwality]

Considering there’s two clubs in the west, I’d except the Eagles to be doing much better than they are. No impressed.

Ah undressing 'the old too many teams in Melbourne' argument, neat attempt to run too few teams in Perth, for good reason.

The Eagles are very lucky to have their new facility up & paid for. Pure luck the timing, not borrowing is good management.

Its the $millions tossed into the WAFC/local footy that will be tested, though it continued through the GFC as I recall. $140+ mil to date.

 

[The_Wookie]

Ah undressing 'the old too many teams in Melbourne' argument, neat attempt to run too few teams in Perth, for good reason.

The Eagles are very lucky to have their new facility up & paid for. Pure luck the timing, not borrowing is good management.

Its the $millions tossed into the WAFC/local footy that will be tested, though it continued through the GFC as I recall. $140+ mil to date.

Problem is the royalties are calculated on profits and there may not be much in the way of profit this year if membership/afl distro is your only revenue source. WAFC should still get money from its 11m a year deal with the WA Government for Optus Stadium, but may not get the extra 4m from the AFL this year. Who really knows.

 

[Carringbush2010]

2019 League, Club, Stadium Annual Reports - Sports Industry AU

AFL Annual Reports 2019 AFL Concise Report 2019 AFL Stadia Annual Report 2019 Adelaide Annual Report 2019 Brisbane Annual Report

www.footyindustry.com

I looked up Collingwood's (naturally) and their net asset as of October 31 2019 is nearly 45 million. I find that hard to believe.

 

[Capriati]

Considering there’s two clubs in the west, I’d except the Eagles to be doing much better than they are. No impressed.

Why single us out? If there are two clubs, surely you'd be more disappointed in Freo's 1.6m loss than our 8 million dollar profit (after WAFC royalty and excluding development funding).

You're so transparent.

 

[Golden_6]

Lots of IFs still, have pokies gone, do you have any ongoing income?

West Coast, Richmond, Hawthorn and Collingwood are the teams said to be financially strong enough to keep operating if there is no 2020 season and the AFL does not fund the clubs.

I know we have heavily reduced our debt in the past few years and sold the pokies entitlements last year which would’ve given us a nice cash flow boost. The Age reported we were one of 6 or 7 clubs with enough funds to survive until August. Cash flow will be key to survive the year.

 

[BronCrow]

I know we have heavily reduced our debt in the past few years and sold the pokies entitlements last year which would’ve given us a nice cash flow boost. The Age reported we were one of 6 or 7 clubs with enough funds to survive until August. Cash flow will be key to survive the year.

Aside from Richmond, West Coast, and Collingwood, who were the others?

 

[Capriati]

Aside from Richmond, West Coast, and Collingwood, who were the others?

Those 3 + Hawks will be considered "unassisted clubs", and could survive without footy this year. Bulldogs, Essendon and Adelaide could survive until August.

All other clubs require AFL funding within the next 3 months in order to stay solvent.

Only four clubs could survive football-free season without AFL help

Some financially stricken clubs are alarmed at details of the AFL's rescue package, which will essentially turn AFL bosses into the competition's banker.

www.theage.com.au

 

[BronCrow]

Those 3 + Hawks will be considered "unassisted clubs", and could survive without footy this year. Bulldogs, Essendon and Adelaide could survive until August.

All other clubs require AFL funding within the next 3 months in order to stay solvent.

Only four clubs could survive football-free season without AFL help

Some financially stricken clubs are alarmed at details of the AFL's rescue package, which will essentially turn AFL bosses into the competition's banker.

www.theage.com.au

I would have hoped we may be in there, but the Bulldogs and Essendon, especially the Bulldogs ahead of Geelong surprises me.