Opinion Non-Crows AFL 4: The Centre Cannot Hold

[kirky]

An actual cash profit, or an accounting 'paper' profit?

Yeh, I actually want to see the financials and see the numbers. In the 2020 report, they still inc the $4m restricted cash as an asset (which was from Feds) but required certain conditions to be met.

Seen this all before.

All AFL clubs financials on this link (not updated for 2021 yet)

AFL, Club and Related Documents

AFL Constitution of the AFL (2018) 1993 Articles of Asociation 1993 Memorandum of Association 1990 AFL Annual Report 1991 AFL Annual Report 1992 AFL Annual Report 1993 AFL Annual Report 1994 AFL A…

www.footyindustry.com

 

[MarcusP2]

An actual cash profit, or an accounting 'paper' profit?

Profit from operating activities 5.7M, after depreciation 4.8M. So it seems legit, unless there's some big grant money included or something.

On Pixel 5 using BigFooty.com mobile app

 

[CrowsB4hoes]

Profit from operating activities 5.7M, after depreciation 4.8M. So it seems legit, unless there's some big grant money included or something.

On Pixel 5 using BigFooty.com mobile app

We’ll see. Last year the same profit line they called “loss from continuing operations”

This year it’s “profit from operating activities”

Tells me there’s some one offs and funny business going on.

 

[DJ75]

The 25% increase in revenue is interesting. It might be a 25% increase on severely depleted revenue the year before, so actually not much different to 2 years ago. Or it might be an increase on the back of a substantial grant that is being included as revenue. I can't see there being a legitimate 25% increase in revenue based on guernsey sales.

 

[CrowsB4hoes]

The 25% increase in revenue is interesting. It might be a 25% increase on severely depleted revenue the year before, so actually not much different to 2 years ago. Or it might be an increase on the back of a substantial grant that is being included as revenue. I can't see there being a legitimate 25% increase in revenue based on guernsey sales.

Correct:

• 2019 = $58.3M
• 2020 = $39.7M (drop by $18.6M or 31.9%)
• 2021 = $49.3M (up by $9.6M or 24.2%)

 

[GameofSloanes]

Underrated post

 

[Vader]

Correct:

• 2019 = $58.3M
• 2020 = $39.7M (drop by $18.6M or 31.9%)
• 2021 = $49.3M (up by $9.6M or 24.2%)

... and how do Adelaide's figures stack up in comparison (i.e. % drop, followed by % gain)?

 

[CrowsB4hoes]

... and how do Adelaide's figures stack up in comparison (i.e. % drop, followed by % gain)?

Ours haven’t been released yet but compared to the other clubs (there are 16 other clubs) ports results are average to below average in this regard

 

[ams4crows]

Gold coast have a lucrative 2 year deal on the table for Ben King

34

Ben King

Age

25

Ht

202cm

Wt

98kg

Pos.

Fwd

Career

Season

Last 5

D

7.2

2star

K

5.0

2star

HB

2.2

2star

M

3.5

4star

T

0.5

3star

G

1.3

5star

D

7.5

2star

K

5.6

2star

HB

1.9

1star

M

3.6

4star

T

0.3

1star

G

1.5

5star

D

6.8

2star

K

4.4

2star

HB

2.4

3star

M

3.2

4star

T

0.2

3star

G

1.0

4star

. 5 Victorian clubs are also circling him, including Stkilda Collingwood and Essendon.

 

[GameofSloanes]

Gold coast have a lucrative 2 year deal on the table for Ben King. 5 Victorian clubs are also circling him, including Stkilda Collingwood and Essendon.

2 years? Gone.
Vic clubs will be offering 5 plus

 

[AFC979810]

2 years? Gone.
Vic clubs will be offering 5 plus

And what's the point of a 2 year! You would imagine that he won't be at full strength until 2024.

 

[GROTTO]

Gold coast have a lucrative 2 year deal on the table for Ben King. 5 Victorian clubs are also circling him, including Stkilda Collingwood and Essendon.

2 years? Gone.
Vic clubs will be offering 5 plus

Its not so much that it is 2 years, but the fact that there is the remote possibility of issues with his career, post ACL.

He would be mad to take that risk when he will get much much better offers (multi year, multi-million dollars) from Victoria especially in a Covid environment.

If Ben King wasnt gone before the ACL, he is almost a certainty to leave now. Suns will obviously be offering a bigger contracts to Luko and Rankine as the likely fallout of King leaving.

Dont rule out musical chairs, as I cant recall if McDonald is signed beyond this year and may return to Perth. Sydney would also have the dollars to make a bid for King.

 

[1970crow]

It’s probably 2 years because they know that they’re no hope of getting him to commit for 5. So offer him overs for 2 and see if that does the trick. A chance for 2 is better than no chance for 5.

 

[MarcusP2]

Correct:

• 2019 = $58.3M
• 2020 = $39.7M (drop by $18.6M or 31.9%)
• 2021 = $49.3M (up by $9.6M or 24.2%)

Have they crushed their costs massively goet such a big margin then compared to 2019?

 

[relapse]

Just saw this on The Advertiser website



It's hilarious to see his picture associated with something sponsored by KFC.

Unless you get points for each piece of KFC they eat, I wouldn't be having him anywhere near any of my teams.

 

[dogs105]

Wow. He looks a lot like Kane. Bit of an amazing coincidence.

 

[Kane McGoodwin]

Have they crushed their costs massively goet such a big margin then compared to 2019?

So they can trim the fat & live within their means... if they really have to.

 

[Peter Doherty]

Will be interesting to see how the Port Power women's team will go playing home games at Alberton Oval.

One of the things Adelaide have had with the women's team is people who are new to footy coming on board. This has helped our club.

With a central, city fringe venue like The Parade, that has helped. Alberton is a long way away for a lot of people.

 

[FR0GGY]

Wow. He looks a lot like Kane. Bit of an amazing coincidence.

I know it’s fun and games but Kane looks very much like graham

 

[FR0GGY]

Will be interesting to see how the Port Power women's team will go playing home games at Alberton Oval.

One of the things Adelaide have had with the women's team is people who are new to footy coming on board. This has helped our club.

With a central, city fringe venue like The Parade, that has helped. Alberton is a long way away for a lot of people.

Especially when you’ve got no wheels to get home again.

 

[Mego Red]

Surely not!

I'm optimistic.

Or enjoyably on the cans, it's one of them ...

 

[GROTTO]

Especially when you’ve got no wheels to get home again.

You dont need wheels, when you can steal a perfectly good car from a neighboring suburb.

 

[CrowsB4hoes]

Will be interesting to see how the Port Power women's team will go playing home games at Alberton Oval.

One of the things Adelaide have had with the women's team is people who are new to footy coming on board. This has helped our club.

With a central, city fringe venue like The Parade, that has helped. Alberton is a long way away for a lot of people.

And they’ll be getting flogged. Nice test for the true believers*

 

[Golumless]

And what's the point of a 2 year! You would imagine that he won't be at full strength until 2024.

Did the ACL in preseason, so he should be firing in 2023.

It is surprising they're not going for the years until Ben is free agent, but that alone probably indicates Gold Coast see Ben King leaving as a when, not a if.

 

[1970crow]

Have they crushed their costs massively goet such a big margin then compared to 2019?

40% footy cap reduction is still in place. Reckon that’s over $4m just there. Our result should be similar because revenues should have bounced back a fair bit.