Official Club Stuff Port announce operating profit of $3.157M

[tribey]

I reckon you'd get it was the shiny new AO effect in 2014/15 & the numbers now are a truer reflection response.

Like everything else they aim low & are happy embracing the 'little club from alberton' ceiling.

The SMA torpedoing the Game Day Village was the most petty, oh-so-South Australian ‘cut your nose to spite your face’ move ever.

Has cost at least 1-2k per home game.

 

[240volt]

Being financially successful to a point not only justifies there positions but covers over the poor on field performances.

Ridiculous thing is you could get a group of posters from this forum and turn a profit with the amount of easy money coming in.
They’ll all be drinking there Chardonnay and patting each other on the back for a job well done.

 

[rogerjames]

Your still a greasy piss ant Koch
dribble all the finance Sh*t you want im not buying into it you still can't make the hard decisions that need to be made for on field performance which matters the most go f*ck a goat

I don't believe a word that comes out of the club. And that is on them not me. Been spinning BS for years now.

 

[rogerjames]

Yep.

Despite all these membership records tumbling every year, we're 10th on the membership ladder. We were 6th in 2015.

I'd absolutely love to see a membership revenue ladder over time.

They lie & they lie

 

[Fizzler]

As with everything to do with this club, it feels like we've been hearing the same message for a decade.

Debt reduction aside, how is anything about our club improved from the end of 2014?

Financially stable, mid table off field. Stable on the field with no dramatic ups or downs - mid table to slightly above mid table the entire time.

Same Chairman, half the board the same, CEO promoted from within, same football manager, same recruiting team, same senior coach.

It's all the same people delivering the same messages and we never seem to get closer to actually winning anything.

The only change is we’re further away from the “dark period” in terms of time, so it isn’t necessarily the case where maybe Adelaide Oval was masking a decline we’d inevitably see once we aren’t exciting to watch. Other than that, I can’t think of any tangible positive change than the debt reduction. The fanbase is extremely toxic and divided, and that is a massive worry.

 

[RussellEbertHandball]

Yep, I'd love to see at the AGM, someone call out our revenue, crowd and membership numbers relativity to our opposition over the last few years. Especially our crowd decline since 2014.

For a side that's been up, we're not turning that into anything. We all know the reason why, and they'll never admit it, but supporting Port is not a sexy thing to do at the moment. We have no momentum off or on field at all. Just consistent, stale, better than average results.

The rise and momentum of 2014 is such a long way in the rear view mirror now.

View attachment 2182283


Take out the Covid 2020-2022, and we've basically decreased our crowd numbers every year since 2014.

The atmosphere at our games is also incredibly dead now. I miss the excitement.

I think 2017-18 crowds are properly reflected in the 2023-24 crowds. That is our level I think when we are successful.

38k average allows for a 50k showdown, a couple of crowds in 40k and some 30-32k crowds to average out to 38k.

2014-15 is the shiny new toy, new coach optimism type crowds. 2016 is realisation we aren't that good and we played a makeshift SANFL defence for the 2nd of the season and only won 4 of our 11 home games so you get the 4-5k drop off.

2017 we make finals, were 8-3 at home games, and 2018 we were 11-4 before we fell off a cliff and were 7-1 at home games and our crowds hold at 2016 level.

2019 crowd was reflective of undelivered promises and crowds dropped away by a bit over 4k.

2023-24 we win lots of games at home just like 2017-18, and basically get the same crowds.

Can't compare 2021 and 2022 as you still had covid affect to official restrictions in 2021 and especially our older fans in 2022 stayed away on concerns they could still catch covid. Crowds all over Oz didn't bounce back to pre covid levels in 2022.

So when we struggle to win more than 50% of our home games and don't win much away from home I think our crowds will drop by 4-5k and be in that 32-33k range.

 

[240volt]

Our crowds are pretty good compared to the lesser Vic sides but are well behind what both Perth clubs drew last year.
A bit of a worry considering how shyt West Coast was last year and Fremantle missing the 8.
Wonder if the cost of going too the footy has hit harder in Adelaide than in Perth?
All in all not good if we drop off and start finishing in the bottom 8.

 

[Duck Farmer]

Once our membership base reaches 90% accountants, we'll celebrate stuff like this as if it was a three-peat triple crown of AFL, AFLW, and SANFL premierships.

 

[StrappingTape]

Member controlled board when? That's the question now

 

[240volt]

Member controlled board when? That's the question now

When your dead and buried.

 

[Coobk001]

I think 2017-18 crowds are properly reflected in the 2023-24 crowds. That is our level I think when we are successful.

38k average allows for a 50k showdown, a couple of crowds in 40k and some 30-32k crowds to average out to 38k.

2014-15 is the shiny new toy, new coach optimism type crowds. 2016 is realisation we aren't that good and we played a makeshift SANFL defence for the 2nd of the season and only won 4 of our 11 home games so you get the 4-5k drop off.

2017 we make finals, were 8-3 at home games, and 2018 we were 11-4 before we fell off a cliff and were 7-1 at home games and our crowds hold at 2016 level.

2019 crowd was reflective of undelivered promises and crowds dropped away by a bit over 4k.

2023-24 we win lots of games at home just like 2017-18, and basically get the same crowds.

Can't compare 2021 and 2022 as you still had covid affect to official restrictions in 2021 and especially our older fans in 2022 stayed away on concerns they could still catch covid. Crowds all over Oz didn't bounce back to pre covid levels in 2022.

So when we struggle to win more than 50% of our home games and don't win much away from home I think our crowds will drop by 4-5k and be in that 32-33k range.

Yes our crowd levels are being maintained by ladder position, but I'm 100% convinced that there's a shit load of potential for bigger crowds had we had some on and off field momentum.

There's too many people that have become more irregular in attendance that I know, to think that's just a fluke.

I know personally in 2014 the rise of the club, regardless of AO, had me living and breathing Port, absolutely riding every moment. We're nowhere near that exciting these days

We're just so boring as a team, and really the belief amongst our supporters just isn't there. 2014 we had 20k Port supporters go watch that prelim at the MCG. I bet if we made the prelim against Coll last year at the G, the number of Port fans would've been half at best.

 

[yepits2020]

I am vague about how we got to be AFL controlled.
My key memories is that;
The SANFL commission was granted a second license who then allowed Port to play under it and Port had to pay for the AFL license that was owned by the SANFL Commission. Can’t remember who “owned” the PAFC at the time.
We got into some sort of financial strife and the SANFL covered $5m of our loan (which was mostly came from what we had to pay the SANFL under the arrangements of the license). The SANFL could not get coverage fur increasing the loan and the AFL stepped in with $9m over three years.
In 2010 the SANFL tries to take control of Port but fails because of the loan situation.
Seemingly, AFL takes control of the club around 2011/12. AFL controls Port through the Constitution, but is not a “member” (owner), and the “members” are limited to the Directors.
The Constitution prescribes Directors directly appointed by the AFL (up to eight) and those appointed by the AFL through Club Member nominations (maximum of two). Five clubs are in this position.

So, who holds Port’s AFL licence? The AFL?

How do we become a “club member owned company” like 11 of the clubs?

Will we have to pay for the license (a third time)?

 

[Launchpad McQuack]

You know what is likely to be a boon for the Club's financials? Winning one or multiple premierships.

 

[TazD]

You know what is likely to be a boon for the Club's financials? Winning one or multiple premierships.

But that requires effort and smarts.

 

[RussellEbertHandball]

At the AGM Koch (or Richo) said Membership and ticketing revenue was $17.8m up from $16.5m in 2023 and from last years AGM notes it was $15.2m in 2022.

Said membership was at 51,000 and revenue already $12.2mil for 2025. Said we didn't get much more than $12m in membership revenue until a few years ago.

Koch said that this is the first time we have hit 50k members before Christmas. That is BS as when the renewal deadline was 17th December the first few years at AO there was a high inflow of membership and it would hit 50k when the office closed for Christmas. I think he meant first time we have hit 50k at start of December.

 

[ibd77]

So, who holds Port’s AFL licence? The AFL?

How do we become a “club member owned company” like 11 of the clubs?

Will we have to pay for the license (a third time)?

Good questions, not sure many people actually know.

I assume we are AFL owned due to our debt issue. However that will be gone by the end of 2025. So who owns the club then?

I know that there is no interest by Richo or Kochie to hand the club back to the members and there is no mandate in our constitution to force their hand.

I don't think we need to pay for our license for a third time as our current debt encompasses our second payment.

 

[Schulzenfest]

We know for a fact they emailed finbarr (I think?) asking if he wanted a free membership, and then when he didn't reply sent him another email thanking him for coming on board.

This happened to me too. They also then sent me an invoice for $150 at the end of the year to 'renew' my membership. lol.

 

[HaroldOliver]

This happened to me too. They also then sent me an invoice for $150 at the end of the year to 'renew' my membership. lol.

Same for my daughter and I.

 

[malcheski]

At the AGM Koch (or Richo) said Membership and ticketing revenue was $17.8m up from $16.5m in 2023 and from last years AGM notes it was $15.2m in 2022.

Said membership was at 51,000 and revenue already $12.2mil for 2025. Said we didn't get much more than $12m in membership revenue until a few years ago.

Koch said that this is the first time we have hit 50k members before Christmas. That is BS as when the renewal deadline was 17th December the first few years at AO there was a high inflow of membership and it would hit 50k when the office closed for Christmas. I think he meant first time we have hit 50k at start of December.

If the Koch-Head is being transparent with the revenue/member numbers, we are earning on average $30 less per member this year than last year, even after a ~6% price increase.


'MoSt eNgAgEd MeMbErShIp'

 

[RussellEbertHandball]

If the Koch-Head is being transparent with the revenue/member numbers, we are earning on average $30 less per member this year than last year, even after a ~6% price increase.


'MoSt eNgAgEd MeMbErShIp'

Depends on the split with AFLW memberships this year and last year. They are cheap.

You also gotta take out 8,000 AO Footy members which the club counts but doesn't receive a cent for, despite the bullshit audit figures of AFL including 2,700 odd in our final audited total.

The real equation is

71,307 - 8,000 = 63,307 @ $281 = $17.8mil
69,358 - 8,000 = 61,358 @ $267 = $16.5mil

Edit I will add the 2022 figures and only about 6,400 AO Footy memberships were sold coming out of covid.

63,240 - 6400 = 56,840 @ $267 = $15.2mil

 

[VineValerian]

If the Koch-Head is being transparent with the revenue/member numbers, we are earning on average $30 less per member this year than last year, even after a ~6% price increase.


'MoSt eNgAgEd MeMbErShIp'

And they count these p***y little 3 game memberships as well too now, don't they?