Dees Post Operating Loss for 2019

[daisycutter 28,484]

42 minutes ago, Lord Nev said:

Because of the amount of regulations and red tapes involved in gaming, the closest they've been able to get is vague links through security companies. I think you might be overselling their power somewhat.

point being is there is no shortage of takers for pokie licenses, you just end up further down the ethical list

and you'd be surprised how the underworld get into "legitimate" businesses

[Sir Why You Little 34,430]

1 hour ago, daisycutter said:

point being is there is no shortage of takers for pokie licenses, you just end up further down the ethical list

and you'd be surprised how the underworld get into "legitimate" businesses

Westpac has been doing a lot of Laundry 

One of the Big 4, who would have guessed...

[drysdale demon 4,146]

2 hours ago, daisycutter said:

point being is there is no shortage of takers for pokie licenses, you just end up further down the ethical list

and you'd be surprised how the underworld get into "legitimate" businesses

Not this type of business they won't.

[Demon trucker 1,737]

morally getting rid of the pokies was the best thing, financially it was the worst thing, i said it at the beginning it would be the downfall of the club, and no  the AFL will not give us more money just because you got rid of the pokies that's a pipe dream, and no getting rid of pokies won't get as more sponsors. The Hawks will never get backlash from having more pokies, winning premierships and being successful forgives clubs for all their sins.

[daisycutter 28,484]

2 hours ago, drysdale demon said:

Not this type of business they won't.

i admire your confidence

[Demonsone 1,596]

7 hours ago, Lord Nev said:

Didn't the Hawks nearly merge with some other loser club back in 96...

Yep hawks moved on & build a successful profitable club & have won 4 flags... what has the mfc done no home base , financial losses, blown loads of early draft picks & played in 1 Gf in 24 years!

Edited December 17, 2019 by Demonsone

[Demons1858 1,657]

Don't forget - we will be getting a few million bucks pa for the naming rights to our new training and admin facilities. Collingwood gets $3+ mill pa. Now all we need to do is design and build the thing

[Pates 9,536]

I was always concerned about the fact that we were beginning the QB sharing in 2019 to coincide with us not hvaing the ANZAC eve gate, adding to the pokies reduction (I believe we are still operating some but not as much unless I'm mistaken), and of course all this happened just as we had an demorolising season of woe to ensure the fans wouldn't want anythign to do with the club. A lot of the hard work built over years got lost very quickly.

BUT this can turn around quickly next year. We get those two big games back, if our players are able to hit back to the form they (in my opinion) are capable of and we have success, then we will be back in the black next year.

It sucks, we as members should be dissapointed this has happened, but we aren't a juggernaut club and we won't be until we have SUSTAINED success.

[drysdale demon 4,146]

9 hours ago, daisycutter said:

i admire your confidence

I know very well the process required to get gaming licences and I also know pretty well the way organised crime gangs work and I state again it just won't happen.

[drysdale demon 4,146]

As swyl states. winning games is the main key to get the finances in order.

[Ron Burgundy 8,584]

I don’t think the medium to long term business case of an AFL club is (or should be) in pokie revenue.

That said, it’s concern if the club didn’t have some realistic and sensible plan to sustainably replace this revenue when it comes to an end.

Also - I don’t think selling home games to Darwin should be (or have been) part of the business plan of a large Melbourne-based AFL club called “Melbourne”. It’s not sustainable, it appears desperate in my view, and it compromises the ability to win a game each year which in turn possibly compromises gate revenue, our ladder position, and therefore memberships. Not unhappy about this aspect at all.

As a debt demolition member, I’m not excited about the prospect of re-entering that zone again. Whilst this financial result is a concern, however, I don’t believe it’s flashing red just yet. Not nearly.

 

[Demons1858 1,657]

2 hours ago, drysdale demon said:

As swyl states. winning games is the main key to get the finances in order.

that certainly is the case but not having our own training/admin facility has/is a massive missed opportunity. each year that has gone by has cost us a few mill p.a. in missed naming rights revenue e.g. ricoh centre, ikon park, holden centre, gmhba stadium, city mazda stadium/ Swinburne centre, linen house/rsea oval. That revenue would provide stability and make us less reliant on onfield performances

Edited December 17, 2019 by Demons1858

[Lord Nev 13,511]

7 minutes ago, Demons1858 said:

that certainly is the case but not having our own training/admin facility has/is a massive missed opportunity. each year that has gone by has cost us a few mill p.a. in missed naming rights revenue e.g. ricoh centre, ikon park, holden centre, gmhba stadium, city mazda stadium/ Swinburne centre, linen house/rsea oval. That revenue would provide stability and make us less reliant on onfield performances

Agree with your point, but isn't our training base "AAMI Park"?

[Demons1858 1,657]

13 minutes ago, Lord Nev said:

Agree with your point, but isn't our training base "AAMI 

l don't believe we get naming rights revenue and if we did it would have to be shared with the storm, rebels and victory l suspect

Edited December 17, 2019 by Demons1858

[Lord Nev 13,511]

Just now, Demons1858 said:

l don't believe we get naming rights revenue and if we did it would have to be shared with the rebels and victory l suspect

Yeah, was just about to edit my post to add "do we get anything from that?" but you were too quick for me!

[Sir Why You Little 34,430]

13 minutes ago, Demons1858 said:

that certainly is the case but not having our own training/admin facility has/is a massive missed opportunity. each year that has gone by has cost us a few mill p.a. in missed naming rights revenue e.g. ricoh centre, ikon park, holden centre, gmhba stadium, city mazda stadium/ Swinburne centre, linen house/rsea oval. That revenue would provide stability and make us less reliant on onfield performances

But why should we be less reliant on onfield performances?

That is our core business and should always be priority one

[Pipefitter 2,014]

Makes sense why we needed a please explain at the end of the season. This is significant, and if there is no real game plan apart from “winning games” we will be rattling tins again in 2 years. Unbelievable.

[Demons1858 1,657]

13 minutes ago, Sir Why You Little said:

But why should we be less reliant on onfield performances?

That is our core business and should always be priority one

think l understand what your saying, but all clubs are funded by sponsorship to exist and compete at an elite level. we can do more than one thing at once

[Sir Why You Little 34,430]

35 minutes ago, Demons1858 said:

think l understand what your saying, but all clubs are funded by sponsorship to exist and compete at an elite level. we can do more than one thing at once

Yes i agree. But it is time to shift priorities. For too long we have just survived. 
Winning games  of Football is why we exist, by doing that we aquire the rest

[Demon trucker 1,737]

On 12/16/2019 at 6:30 PM, Sir Why You Little said:

Gotta start winning games. The only answer

That's so simplistic and only half the answer, that is not sustainable, the reality is there are  18 teams and only 8 teams every year make finals, if winning is the only answer then the club is  doomed in  the long run. The club has to get a business model that sees the the club break even in bad years not make huge losses. Winning is a byproduct of making profits, not profits are a  byproduct of winning.  Hawthorns profit is built on two major factors, one being selling more home games then any other team in history, and  having more pokies then  other team in history, they built that business model before they became successful in the modern era.

[Sir Why You Little 34,430]

1 hour ago, don't make me angry said:

That's so simplistic and only half the answer, that is not sustainable, the reality is there are  18 teams and only 8 teams every year make finals, if winning is the only answer then the club is  doomed in  the long run. The club has to get a business model that sees the the club break even in bad years not make huge losses. Winning is a byproduct of making profits, not profits are a  byproduct of winning.  Hawthorns profit is built on two major factors, one being selling more home games then any other team in history, and  having more pokies then  other team in history, they built that business model before they became successful in the modern era.

Whorethorn have been a Success ever since Norm Smith taught John Kennedy what it takes to Coach. Yes they have had some troughs, but they know how to climb out again. By winning games. 
 

Winning is the core to sustained success

[old dee 22,819]

4 hours ago, Ron Burgundy said:

I don’t think the medium to long term business case of an AFL club is (or should be) in pokie revenue.

That said, it’s concern if the club didn’t have some realistic and sensible plan to sustainably replace this revenue when it comes to an end.

Also - I don’t think selling home games to Darwin should be (or have been) part of the business plan of a large Melbourne-based AFL club called “Melbourne”. It’s not sustainable, it appears desperate in my view, and it compromises the ability to win a game each year which in turn possibly compromises gate revenue, our ladder position, and therefore memberships. Not unhappy about this aspect at all.

As a debt demolition member, I’m not excited about the prospect of re-entering that zone again. Whilst this financial result is a concern, however, I don’t believe it’s flashing red just yet. Not nearly.

 

Ron I suspect we gave up the Darwin game to GCS at the request of the AFL as I believe they want GCS up there because it is their zone. I have no idea what the pay off is but suspect it might have something to do our new home next decade. I wrote to the club asking how we were going to replace the revenue lost from the Darwin game and after a few weeks I got a reply that sounded like wishing and hoping rather than solid reasons. I doubt we will know the plan anytime soon but there maybe things going on that the club does not want to discuss. This business of the members wanting the game returned to the G is IMO a smoke screen there is more at play here. 

 

[old dee 22,819]

4 minutes ago, Sir Why You Little said:

Whorethorn have been a Success ever since Norm Smith taught John Kennedy what it takes to Coach. Yes they have had some troughs, but they know how to climb out again. By winning games. 
 

Winning is the core to sustained success

You may never say words truer than those SWYL.

[Sir Why You Little 34,430]

42 minutes ago, old dee said:

You may never say words truer than those SWYL.

You and i know the Core is simply winning OD, everything else, is important yes. But a side issue. 
without the Winning it is unsustainable 

[Dee Watcher 71]

So the club took the morale high ground and sold the gaming venues but didn't replace that revenue? We have withdrawn from Darwin so that income drops off next year.

Doesn't sound like a very good business plan if we are walking away from revenue with no replacement other than the "win" more games!

Based on history we can't be trusted to win games....got a feeling we are headed for a big issue once again!