PROFIT$

[Friday 71]

http://www.theage.com.au/afl/afl-news/demons-to-post-2-million-profit-20100729-10xzk.html

you f'n beauty!!

misleading or not i love the abnormals! More of them! :D haha

you have to love a good news story

[Reality Bus 17]

Although it is great that we are going to make a $2m profit, I'm more excited that we are effectively debt free. What a huge burden off the shoulders of our great club. Remember, it is this debt that almost killed us off in 2008, and it is this board that has saved us from going the way of the dodo.

[H_T 3,043]

The club and it's supporters have come a long way since two years ago. There is still more work to be done as it enters it's next phase in building an asset base.

MFC followers as a whole can keep their chin up and feel proud.

Let's not lose focus though, whilst it is important to maintain a healthy base off the field; to give it the best shot on field week in/week out. A Premiership and ongoing success shall remain the ultimate goal for this club to strive for. And importantly with that, growth of the supporter base.

[Chook 15,012]

The club and it's supporters have come a long way since two years ago. There is still more work to be done as it enters it's next phase in building an asset base.

MFC followers as a whole can keep their chin up and feel proud.

Let's not lose focus though, whilst it is important to maintain a healthy base off the field; to give it the best shot on field week in/week out. A Premiership and ongoing success shall remain the ultimate goal for this club to strive for. And importantly with that, growth of the supporter base.

Don't worry. Over the next ten years, I think it's going to become more and more "cool" for a kid to barrack for the Demons, and it's at that level that real and lasting increase in supporter numbers come. Those kids eventually become mothers and fathers with children of their own, and the cycle continues.

[sylvinator 96]

Bloody awesome.

Wednesday night we'll be debt free.

With great facilities, making profits, off-field we are absolutely dominating.

[jackaub 1,402]

Let's hope we dont borrow again to prop up the underperforming and totally inappropriate investment in the Bentleigh fiasco. PS What a wonderful job the committee and members have done to achieve this great outcome. Well done the Melbourne Football Club!

[Dr. Mubutu 831]

Although it is great that we are going to make a $2m profit, I'm more excited that we are effectively debt free.

^^This.

Also, it's great to see that the club have taken some unconventional steps re: player payments. Looks bad in the short term (i.e. a team just finishing 16th using 100% of TPP), but should turn out to be a masterstroke in the long term.

[Hannabal 4]

Hazy ?

[Roost It 1,434]

The club and it's supporters have come a long way since two years ago. There is still more work to be done as it enters it's next phase in building an asset base.

MFC followers as a whole can keep their chin up and feel proud.

Let's not lose focus though, whilst it is important to maintain a healthy base off the field; to give it the best shot on field week in/week out. A Premiership and ongoing success shall remain the ultimate goal for this club to strive for. And importantly with that, growth of the supporter base.

You're starting to sound like a politician.

[Sir Why You Little 36,983]

Being Debt free means no interest payments. That is what has killed this club for years.

Now We the Supporters and all involved can BUILD this club to being a Top Line Business & Great Footy Club.

It all starts next week. Cool.

Where is Hazy i wonder??

[Hellaintabadplacetobe 4,294]

Hazy ?

Was thinking the same thing. The silence is deafening!

[two sheds jackson 3]

Hazy ?

Haha. When I saw this thread this morning I was half-expecting that by now, there'd be a vintage Hazy post about how this is a complete false economy and -in any case- any genuine bit good news from this article can mostly be put down to the previous administration laying the groundwork.

It's getting tougher for him, but I've got faith he'll come through with something in the next couple of days.