How much has this cost Essendon?

[Strapping Young Lad]

Are we including what Alavi and Charter were paid to zip it?




I'm kiddng.



Maybe.

 

[The_Reaper]

What about the real intangibles?

All the credits and allies in powerful positions and favours owed and connections they've lost.

Gil and the other AFL officials may have covered things up but they've gone from being one of the big boys off the field to the naught corner.

Meanwhile Collingwood and Hawthorn and West Coast get to go on fact finding missions to come up with AFL equalisation policies and s**t

 

[RegHickeyStand]

You forgot Robinson's 1 Million dollar pay out.

I think his lawyer charge a million. Robinson got the other one.

 

[medusala]

That is a decent cost in anyones language. That would buy Little's Toorak property.

Then there is the issue of who pays. Didn't Little and a few mates put a heap of cash in already to cover legal bills etc?

Outside of coterie groups then they really one have one option surely to stump up - the AFL

So in effect Essendon bet the house on gaming the system in the belief that the AFL via other clubs would cough up if it all went Pete Tong and bail them out.

Otherwise known as the Hird Narcissist Theory - Essendon > Lehman Brothers.

 

[blackcat]

Then there is the issue of who pays. Didn't Little and a few mates put a heap of cash in already to cover legal bills etc?

Outside of coterie groups then they really one have one option surely to stump up - the AFL

So in effect Essendon bet the house on gaming the system in the belief that the AFL via other clubs would cough up if it all went Pete Tong and bail them out.

Otherwise known as the Hird Narcissist Theory - Essendon > Lehman Brothers.

rent seekers from Moonee Ponds

 

[The 747]

What about the real intangibles?

All the credits and allies in powerful positions and favours owed and connections they've lost.

Gil and the other AFL officials may have covered things up but they've gone from being one of the big boys off the field to the naught corner.

Meanwhile Collingwood and Hawthorn and West Coast get to go on fact finding missions to come up with AFL equalisation policies and s**t

There is certainly a change in the power relationships between EFC and the AFL.

 

[The 747]

Then there is the issue of who pays. Didn't Little and a few mates put a heap of cash in already to cover legal bills etc?

Outside of coterie groups then they really one have one option surely to stump up - the AFL

So in effect Essendon bet the house on gaming the system in the belief that the AFL via other clubs would cough up if it all went Pete Tong and bail them out.

Otherwise known as the Hird Narcissist Theory - Essendon > Lehman Brothers.

I'd like to see evidence of this. There seems to be the view that rich people like to throw away money for the hell of it.

 

[Funk]

They'll really feel it in 20 years when the kids they aren't getting now, and are dropping off, don't become members.

That's what's saved us ... literally ... is the Carey/90s kids coming of age and buying up.

The big question is "what will the players kids look like in 20 years time?"

No Father/Son recruits here!!!

 

[The_Wookie]

Here is my quick guess, please correct.

3 million - If they pay other AFL teams players there salary
3-4 million - Lawyers, Court Costs (Some covered by insurance)
1-2 million - Non afl players loss of earnings
1-2 million - 12 Top up players
1 million - Hird Salary when he was away in France
2 million - AFL Fine
200k -Work safe fine.

From Essendons Annual Reports

• 2013 - AFL/ASADA investigation fine, legal and consulting expenses - $3,939,710.00
• 2014 - AFL/ASADA investigation fine, legal and consulting net expenses - $1,071,438.00
• 2015 - AFL/ASADA/WADA related legal and consulting - $460,618.00
• Total: $5,471,766

Known

• Workcover Penalty: $220,000.00 (including costs)

Total Known costs: $5,691,766.00

Unknowns

• Whether Robinsons $1,000,000 payout is accounted in the above or separately
  
• Whether Hirds exit payout (at least $750,000 for 2015) is included
• Hirds salary for 2014
• How much insurance will cover
• Player salarys in 2016
• CAS appeal costs
• Potential compensation costs.

 

[Thrawn]

• How much insurance will cover

Wasn't one of the insurance conditions for the federal court case that the players not be found guilty?

 

[footyfan1978]

All respect.

 

[Gavin Excell]

They will carry the cross of their cheating for time immerorial (at least 20 years)

 

[The_Wookie]

Gil and the other AFL officials may have covered things up but they've gone from being one of the big boys off the field to the naught corner.

Theres like zero evidence that this has actually happened. I know its the dream for you guys though.

Meanwhile Collingwood and Hawthorn and West Coast get to go on fact finding missions to come up with AFL equalisation policies and s**t

Equalisation sub-committee members also include Western Bulldogs president Peter Gordon, alongside chief executives Brendon Gale (Richmond), and Keith Thomas (Port). Essendon not being included doesnt mean anything. Lots of clubs werent represented.

 

[JD-Roo]

The big question is "what will the players kids look like in 20 years time?"

No Father/Son recruits here!!!

 

[Nikita Blue]

addition - forthcoming payout to Ancient Tiger

 

[gavaniacono]

I believe that the players' belief in their innocence will vaccinate them from such occurrences.

 

[QuietB]

Then there is the issue of who pays. Didn't Little and a few mates put a heap of cash in already to cover legal bills etc?

Outside of coterie groups then they really one have one option surely to stump up - the AFL

So in effect Essendon bet the house on gaming the system in the belief that the AFL via other clubs would cough up if it all went Pete Tong and bail them out.

Otherwise known as the Hird Narcissist Theory - Essendon > Lehman Brothers.

Only in $5m debt - they can borrow plenty more against their assets yet and all the koolaiders who thought this whole journey was a good idea can pay for it in the future.

 

[QuietB]

I'd like to see evidence of this. There seems to be the view that rich people like to throw away money for the hell of it.

Which goes hand in hand with the view that insurance companies are generous and understanding and always more than happy to foot the bill for anything

 

[lethalselbow]

The true cost will be felt in years to come. Kids are dropping off in droves as they get the treatment at school having to find out that their idols have turned out to be drug cheats.

Also, I'm sure people know an Essendon fan or two that's changed to A-League or some other sport after the gloss has gone off their love for the once proud Essendon

 

[DapperJong]

The true cost will be felt in years to come. Kids are dropping off in droves as they get the treatment at school having to find out that their idols have turned out to be drug cheats.

Also, I'm sure people know an Essendon fan or two that's changed to A-League or some other sport after the gloss has gone off their love for the once proud Essendon

Aaaaaand you're making things up.

Membership up on last year.

 

[blackshadow]

Aaaaaand you're making things up.

Membership up on last year.

A good friend of mine who had been an Essendon member for over ten years gave up his membership and took up Melbourne Storm membership. I doubt he'll return to the Essendon fold for a long time. I'm sure there are plenty more like that.

 

[lethalselbow]

A good friend of mine who had been an Essendon member for over ten years gave up his membership and took up Melbourne Storm membership. I doubt he'll return to the Essendon fold for a long time. I'm sure there are plenty more like that.

Pretty much the same here. One of my mates is now totally into A-League and back aboard EPL in an unhealthy way. Another has just pulled stumps on any involvement and is following the amateurs for his footy fix. Both may be back aboard Essendon in a few years...

 

[sobrave]

Aaaaaand you're making things up.

Membership up on last year.

let's wait and see the crowds eh

 

[lethalselbow]

Aaaaaand you're making things up.

Membership up on last year.

It's a great show of support from those fans.

 

[Ancient Tiger]

Aaaaaand you're making things up.

Membership up on last year.

Maybe Little bought 20K's worth of membership himself? Does anyone know if REAL numbers went up or did rich benefactors stack the membership numbers?
It is a reasonable possibility as I know a few Essendon supporters that did not renew their memberships.