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Correct. Our club must rid itself of the need to access the competive balance fund and stand on it's own two feet once again.Yeah I think we made about 100k, but with a strong season and less injuries we could have made 800k, we need to get over the 1mil mark so we really are making a profit once you subtract the competitive balance fund money.
Correct. Our club must rid itself of the need to access the competive balance fund and stand on it's own two feet once again.
If we cannot be a profitable business with the CBF then our club will be in the firing line in the years ahead.
Remember it is now 11 years since Fitzroy merged (died) with Brisbane.
After North who will be next in 10 yrs time.
Melbourne must be profitable. Melbourne is our club but the club is a business whether we like it or not as the North fans are finding out for themselves.Lose money and you are in trouble. Big trouble.
Thank God the Hawks knocked the merger on its head back in 1996.
We came close. It must never happen again.
Go Dees!
but they have to realise that if the smaller clubs didn't get it they would lose prime position on fixtures and free to air....
I'm certain that is incorrect.Problem is.. correct me if im wrong, but receiving the CBF means we HAVE to only pay 92.5?% of the cap, puts us 1-2 quality players behind the other sides.
I don't think so.... it was like that when it first started and you had to have your books checked but now its seen as compo for the draw...
Otherwise I don't think Melbourne would have two development coachs and some of the extra staff on top of the three assistants
I always thought the CBF wasn't a hand out like everyone makes out...
yes it is given to the clubs that are struggling but I thought it was compensation from the AFL for the fixture being based on attendance etc etc...
If we didn't receive it.... the AFL would have to make the draw, tv rights etc etc fair. That means that interstate wouldn't play each other twice every year or Ess v Coll. every year.... Anzac day and Queens B'Day couldn't be hogged by set clubs.
I would prefer not to receive the funds, so I don't have to listen to the powerfully clubs saying we fund youbut they have to realise that if the smaller clubs didn't get it they would lose prime position on fixtures and free to air....
Hopefully in the next few years with the facilities moving to yarra park we can start posting 300K-500K profits which turn to 1.5mil with the CBF, which is would be closer to our profit if everything in the AFL was equal.![]()
Our revenue wasn't too bad though, and our assets should increase when we move into our new training venue, because I'm pretty sure thats what accounts for most clubs assets. We do need some more dodgy pokies venues to rip people off and get money into the club.according to the big paper this morning, in the article about why the kangas should move, it ranked the clubs over a number of things, we ranked bottom in terms of $$ assets and close to bottom for memberships. From those two points, which are both money earners we look in a bit of trouble
the membership one was wrong I think. it had us at about 26k but we nearly got 29k didn't we?
Thanks for pointing that out mate, I won't go in to bat for the Hawkers again and that Stronzo will get some too.2008 better be a big year for us. It needs to be.
Btw if anyone is interested in backing up the club when we're getting trolled senseless here's the link...
http://www.bigfooty.com/forum/showthread.php?t=393344
2008 better be a big year for us. It needs to be.
Btw if anyone is interested in backing up the club when we're getting trolled senseless here's the link...
http://www.bigfooty.com/forum/showthread.php?t=393344
Deenamite,
I've seen your work on Bay 13 the last few weeks. You are a busy man working against those Trolls.
Good on you.
Go Dees