I was told that at a recent business lunch, at an exclusive Australian ‘businessmen’s club’ the CEO was present and told an audience that we are expecting a significant financial loss at the end of the season. I’ve posted this on previous threads and no one seemed to believe it. I think we are back up [censored] creek

1 minute ago, Leoncelli_36 said:

I was told that at a recent business lunch, at an exclusive Australian ‘businessmen’s club’ the CEO was present and told an audience that we are expecting a significant financial loss at the end of the season. I’ve posted this on previous threads and no one seemed to believe it. I think we are back up [censored] creek

not unusual in business for a first year CEO to do some significant write down of assets so as to start from a lower base.

Business 101

The drop in revenue from those last three MCG games would also be significant as we have discussed

2 hours ago, beelzebub said:

I would imagine the AFL are issuing a please explain.."we gave you everything. ..and you still [censored] it all up !! What gives??"

Cause we are Melbourne and a disgrace of a club

1 hour ago, drysdale demon said:

A lot of baseless assumption in this thread as per usual.

 

46 minutes ago, Bring-Back-Powell said:

Thanks for clarifying that.

Makes complete sense to alternate each year.

Does the irony of your contributions just rear up and smack you really, really, [censored] hard in the face??

4 hours ago, Soidee said:

If it’s financial, then that’s woeful!  Didn’t they sell off the gaming? They should be flush with money.  Jackson must be chocking on his cornflakes.

membership will take a hit until members see tangible change at the start of 2020.  Cannot keep forking out dollars when the players on this list are mediocre with their comfort zone.

If he was choking on his cornflakes at 3.12pm, then it was definitely time for him to pull the pin. 

2 hours ago, La Dee-vina Comedia said:

Having thought about this a bit more, doesn't every club receive funding from the AFL? 

Yes maybe except for a couple.

Edited August 22, 20195 yr by Demons11

4 hours ago, Bring-Back-Powell said:

At least next year we'll be hosting the Queens Birthday and Anzac Eve.

Awesome after one of our most disappointing seasons ever... god I hope we come flying out of the gate or we’re f cd.

4 hours ago, Gorgoroth said:

The club will never prosper whilst it sucks at the teet of the AFL.

 

Haha good one Gorg!

2 hours ago, DubDee said:

We sell games to NT and still need to be propped up by the AFL. 

Rabble

Every club besides maybe Hawks, WC and Pies are propped up by the AFL

2 hours ago, Rusty Nails said:

Any chance we can put this on the agenda ...

 

Jesus they hate GWS!! Fair enough I’d penalise any team who has T Greene in it.

Edited August 22, 20195 yr by Cards13

2 hours ago, drysdale demon said:

A lot of baseless assumption in this thread as per usual.

Seems like a lot of positive energy and detailed discussion from you as usual DD, kudos.

2 minutes ago, Demons11 said:

Every club besides maybe Hawks, WC and Pies are propped up by the AFL

The broadcast rights money ($2.518 Billion) is the biggie.  But one could argue that the clubs generate that income whilst the AFL manages the money. 

Save for the 2 new clubs and maybe Brisbane,  all the other clubs should be able to post profits given the money that is generated.  Huge membership numbers,  tens of millions from pokies,  Tassie,  NT et al,  lots of sponsorship money etc etc.

Money wise,  the sport has never been in better shape.  Even our club was able to pay top dollar for a coach (Roos) ... and it was our generated money that paid Roos' salary too.  Posted profits in all of Paul's 3 years at the club as well. 

12 minutes ago, Cards13 said:

Jesus they hate GWS!! Fair enough I’d penalise any team who has T Greene in it.

That would probably do it C13.  I also think the umps have had it in for us even more than usual since this happened...

 

6 hours ago, Sorry kids said:

bentleigh Club will collapse soon after the pokies come out. Wonder if that is our plan. To then sell off the land for residential housing. Not sure we could be that clever though.

I suspect Heritage Overlay would prevent its development as real estate.

 

4 hours ago, old dee said:

Finally someone who has a clue.

Good work as usual joeboy.

Given the nudge-nudge wink-wink tone of the responses to home base questions fielded by both Bartlett & Pert in recent weeks this thought crossed my mind too.

8 hours ago, Jumping Jack Clennett said:

I suspect Heritage Overlay would prevent its development as real estate.

 

Likely correct JJ.  Which makes the situation even worse. However I did see where or hear that when listed as an asset it is at land value. Such an odd investment when only a token effort has been given to making it a place of welcome for supporters. Some times when I have been there you need to ask to have the Dees game on one of the TVs.

8 hours ago, Jumping Jack Clennett said:

I suspect Heritage Overlay would prevent its development as real estate.

 

What bloody heritage

place is bog ordinary

The Amazon is burning, the Arctic is melting, bees are dying, many will be without power over the summer, our cricketers have collapsed and we are going cap in hand to the Commission. Life just doesn’t get any better!

12 hours ago, Leoncelli_36 said:

I was told that at a recent business lunch, at an exclusive Australian ‘businessmen’s club’ the CEO was present and told an audience that we are expecting a significant financial loss at the end of the season. I’ve posted this on previous threads and no one seemed to believe it. I think we are back up [censored] creek

 

No one seemed to believe it, or they wrote it off as bleeding bloody obvious?

Considering our performance on field this season, the consequent lower attendances, etc. you’d have to be shocked if it wasn’t the case.

24 minutes ago, chook fowler said:

The Amazon is burning, the Arctic is melting, bees are dying, many will be without power over the summer, our cricketers have collapsed and we are going cap in hand to the Commission. Life just doesn’t get any better!

I can’t believe the lack of awareness and reporting on the situation in the Amazon. A Kardashian thing falls over and it’s all over the news. The world is royally screwed. 

2 minutes ago, Ethan Tremblay said:

I can’t believe the lack of awareness and reporting on the situation in the Amazon. A Kardashian thing falls over and it’s all over the news. The world is royally screwed. 

Not to mention the Western world is being lead by the likes of Trump and Boris Johnston. Very depressing.

37 minutes ago, chook fowler said:

Not to mention the Western world is being lead by the likes of Trump and Boris Johnston. Very depressing.

Could be worse. Hillary Clinton and Jeremy Corbyn.

21st century instead of flying cars, it's flying s*#%?

5 hours ago, chook fowler said:

Not to mention the Western world is being lead by the likes of Trump and Boris Johnston. Very depressing.

TDS!

15 hours ago, gs77 said:

Given the nudge-nudge wink-wink tone of the responses to home base questions fielded by both Bartlett & Pert in recent weeks this thought crossed my mind too.

Carefully now we don't want any logic on this thread!!!

10 hours ago, chook fowler said:

Not to mention the Western world is being lead by the likes of Trump and Boris Johnston. Very depressing.

 

9 hours ago, dl4e said:

Could be worse. Hillary Clinton and Jeremy Corbyn.

 

5 hours ago, deebug said:

21st century instead of flying cars, it's flying s*#%?

 

5 hours ago, Superunknown said:

TDS!

 

4 hours ago, old dee said:

Carefully now we don't want any logic on this thread!!!

Forget logic OD.  Based on examples from some recent posts (some examples above), i reckon this thread has now had it's own JTS moment (see below) and is now in it's final throes...

Edited August 23, 20195 yr by Rusty Nails