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Will the club make profit

Sam the demon
in Melbourne Demons

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Posted

Hi all

With all the good news in the last couple of weeks , ie major backers ,MCC/MFC Agreement ,Casey and the AFL/MCC financial deal

Will the club make a profit ??

Jimma, you are legend on and off the field

  • Quote
    •  

    It will make a paper profit, whether that profit is in our own right or with assistance is to be seen.

    I hope that will happen is that we use the additional funding to clean out debt (AFL/MCC money) and make a small profit including that special funding, making a $1 profit after clearing $2m in debt would be fine by me.

    Next year with no debt we will make a profit, be debt free, then use the additional money in the bank from the special assistance to invest in income generating assets.

  • Quote

    Who knows, if we can get the other clubs to accept the MCG's offer or the offer is raised we will make money as long as it is effective for this season.

  • Quote
    •  

    We would surely make a profit, with all the deals mentioned above and our salary cap room we would have to be close to getting rid of the $2m debt inside of 3 years.

  • Quote

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