Eddie what a master stroke

[magpies42]

Sure they made a mistake with investments, but to make the decision to go debt free is a master stroke! Especially considering they made it a good 6 months ago. Being debt free in these financially challenging times, means that we are best placed to make investments when the markets have bottomed out. Essentially, we sold the venues at a discounted rate and i believe we will more then cover for this loss with our future investments...Having money to invest in times like these is what makes the rich richer and the poor poorer!


go the PIES!!!!!

 

[kevind]

Sure they made a mistake with investments, but to make the decision to go debt free is a master stroke! Especially considering they made it a good 6 months ago. Being debt free in these financially challenging times, means that we are best placed to make investments when the markets have bottomed out. Essentially, we sold the venues at a discounted rate and i believe we will more then cover for this loss with our future investments...Having money to invest in times like these is what makes the rich richer and the poor poorer!


go the PIES!!!!!

Is that you , Eddie?

 

[SteeleAt11]

If a profit or a loss produced flags I'd give a rats arse

It's far more important that he build our infrastructure

 

[Pie eyed]

If a profit or a loss produced flags I'd give a rats arse

It's far more important that he build our infrastructure

I don't get your response.
If profits won flags you would care.
You would rather have infrastructure, which is bricks and mortar?
Profits pay for infrastructure.
Investments make profit. (usually or that is the hope).

 

[Jabso]

I think he means a financial infrastructure in terms of how the club is geared.
A while ago before the financial downturn we sold off a lot of our shares.

 

[Pie eyed]

I think he means a financial infrastructure in terms of how the club is geared.
A while ago before the financial downturn we sold off a lot of our shares.

I understand our financial wheeling and dealings (as much as one can without a look at the books), it's just the post reads like.

I don't care about money unless it wins us flags (fair comment) but then goes on lets build infrastructure....something which you really do have to be concerned with money to carry out.


Now they are making me make no sense...lol

 

[SteeleAt11]

I understand our financial wheeling and dealings (as much as one can without a look at the books), it's just the post reads like.

I don't care about money unless it wins us flags (fair comment) but then goes on lets build infrastructure....something which you really do have to be concerned with money to carry out.

Not if you are Collingwood

Took an 8 million dollar hit to the crotch and we'll be expanding the Lex

 

[Snag Breac]

Not if you are Collingwood

Took an 8 million dollar hit to the crotch and we'll be expanding the Lex

Well I hope they take advantage of the views of the surrounding architecture - and not just for the players.