Discussion The business model is starting to turn

[StCicatriz]

AFL 2021: Saints debt strategy on target: CEO Matt Finnis

amp.theage.com.au

Some notes:
- about to surpass 50k members
- expect to make a decent profit in 2021
- expect to be able to pay down a significant chunk of the debt

 

[chris_h_11]

The huge asterix to it is what happens this season, I reckon we'd be relying on a bigger capacity than 28k to eat into that debt, and another heavily impacted season (lockdowns, empty stands etc) might see us off.

The debt just means we have nowhere to move if things go pear shaped

 

[ScrappyDo]

The huge asterix to it is what happens this season, I reckon we'd be relying on a bigger capacity than 28k to eat into that debt, and another heavily impacted season (lockdowns, empty stands etc) might see us off.

The debt just means we have nowhere to move if things go pear shaped

I take a glass half full view. We'll generally provided most of the patronage for home games which adds to memberships and merch.
And even at half full we'll be better than under the previous deal.

 

[Ricmel]

We've been hearing this story since 1971.

 

[Joffaboy]

AFL 2021: Saints debt strategy on target: CEO Matt Finnis

amp.theage.com.au

Some notes:
- about to surpass 50k members
- expect to make a decent profit in 2021
- expect to be able to pay down a significant chunk of the debt

No.1 is good for inflows
No.2 means SFA
No.3 can only occur when a significant number of inflows increase or depending on how current and non current debt is structured and how the loans themselves are structured.
No.4 AFL is the outlier in this revenue model. Who knows what deal was done so we get more $$ for say, playing every interstate team interstate and all the sh1t game time slots we get every year.

Wouldn't be banking on gate receipts.