Jump to content
View in the app

A better way to browse. Learn more.
Demonland

A full-screen app on your home screen with push notifications, badges and more.

To install this app on iOS and iPadOS
  1. Tap the Share icon in Safari
  2. Scroll the menu and tap Add to Home Screen.
  3. Tap Add in the top-right corner.
To install this app on Android
  1. Tap the 3-dot menu (⋮) in the top-right corner of the browser.
  2. Tap Add to Home screen or Install app.
  3. Confirm by tapping Install.

Bentleigh Club … going, going, gone

Freddy Fuschia
in Melbourne Demons

Featured Replies

 
 
Just now, Blistering said:

Quite right - I saw the update when we put it on the market.

Apologies - sold to established local property developer, Metro, for $23.7 million.

Just think how many #positivelingers keepcups that could buy!

  • Quote
    • Like 3
    • Haha 2

    Did we get involved with the bentleigh club in Joe Gutnick days?

     

  • Quote

    The lengths we're going to in order to fund T Mac's contract is quite absurd it seems 

  • Quote
    • Haha 11
    Just now, adonski said:

    The lengths we're going to in order to fund T Mac's contract is quite absurd it seems 

    I've heard it just covers the first year of Cerra's contract 

  • Quote
    • Like 1
     

    Wow!

    Is this what it feels like to support a successful, well run club?

    Feels quite refreshing

    I could get used to this

    Edited by Stiff Arm

  • Quote
    • Like 4

    14 minutes ago, Jontee said:

    Did we get involved with the bentleigh club in Joe Gutnick days?

     

    Yes, and we owe this massive windfall to his vision when the club took over the assets of the then failing Bentleigh Club. The end price is massive although we need an accountant to tell us how massive because I would imagine that unless the club’s exempt from capital gains tax, a large amount of the windfall could go to the tax man.

  • Quote
    • Like 1
    6 minutes ago, Whispering_Jack said:

    Yes, and we owe this massive windfall to his vision when the club took over the assets of the then failing Bentleigh Club. The end price is massive although we need an accountant to tell us how massive because I would imagine that unless the club’s exempt from capital gains tax, a large amount of the windfall could go to the tax man.

    just glad he didn't invest it into a diamond mine 😂

  • Quote
    • Like 1
    • Haha 2
    10 minutes ago, Whispering_Jack said:

    Yes, and we owe this massive windfall to his vision when the club took over the assets of the then failing Bentleigh Club. The end price is massive although we need an accountant to tell us how massive because I would imagine that unless the club’s exempt from capital gains tax, a large amount of the windfall could go to the tax man.

    Sporting clubs are not for profit in Aust? If so does that mean they're exempt?

    image.png.63aebedb867f1c7fc854a68b41c868f5.png

    image.png.8b59da19199d2f4742a0476b825b86f0.png

  • Quote
    • Like 1

    A tidy sum. I hope it is all tipped into the Home Base Development fund rather than used to cover the shortfall in revenues v running costs as a result of Covid. We had a $3m loss last year iirc correctly.

  • Quote
    • Like 2
    16 minutes ago, Cards13 said:

    Sporting clubs are not for profit in Aust? If so does that mean they're exempt?

    image.png.63aebedb867f1c7fc854a68b41c868f5.png

    image.png.8b59da19199d2f4742a0476b825b86f0.png

    I've run my eye over the 2020 financials. An uplift was booked to reflect Bentleigh at market value last year. There's no provision for the future tax liability applicable to the uplift/gain in the event of disposal which means the sale is CGT exempt 

  • Quote
    • Like 3
    • Love 1

    24 minutes ago, Bitter but optimistic said:

    You can only sell an asset once.

    Wisdom in spending the proceeds is key.

    PHOTOS: A "Simpsons" spin on classic Disneyland monorail poster in this genuine, bona fide new artwork | Inside the Magic | The simpsons, Simpsons monorail, Simpsons cartoon

  • Quote
    • Like 1
    • Haha 11
    1 hour ago, Bitter but optimistic said:

    You can only sell an asset once.

    Wisdom in spending the proceeds is key.

    Unless you find an Alan Bond 🤣

  • Quote
    • Like 1
    • Haha 1

    Had the place had a building permit, we'd have got a lot more from this, likely north of 30 mill.

    But if the club is happy, I'm happy. 

  • Quote
    • Like 2
    7 hours ago, Demonland said:

     

    Why do people still use that dreadful logo? I have only bad memories of that era!

  • Quote
    •  

    Can @Demonland start a poll with what to do with the money?

    One of the options has to be monorail.

  • Quote

    How many good news stories can I actually cope with?  flag favorites, brownlow favorites, record membership, financially flying, 5 x AA’s etc etc If we win the flag and then get a home base my karma may well be complete ….and i’ll be taken from this earth. But i’ll be happy as i go :-) 

  • Quote

    • Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.

    Guest
    Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
    Reply to this topic...
    https://demonland.com/forums/topic/51191-bentleigh-club-%E2%80%A6-going-going-gone/
    Go to topic listing

    Featured Content

    • DRAFT: The Next Generation

      It was not long after the announcement that Melbourne's former number 1 draft pick Tom Scully was departing the club following 31 games and two relatively unremarkable seasons to join expansion team, the Greater Western Giants, on a six-year contract worth about $6 million, that a parody song based on Adele's hit "Someone Like You" surfaced on social media. The artist expressed lament over Scully's departure in song, culminating in the promise, "Never mind, we'll find someone like you," although I suspect that the undertone of bitterness in this version exceeded that of the original.

      • 7 replies
      Demonland

    • AFLW REPORT: Brisbane

      A steamy Springfield evening set the stage for a blockbuster top-four clash between two AFLW heavyweights. Brisbane, the bookies’ favourites, hosted Melbourne at a heaving Brighton Homes Arena, with 5,022 fans packing in—the biggest crowd for a Melbourne game this season. It was the 11th meeting between these fierce rivals, with the Dees holding a narrow 6–4 edge. But while the Lions brought the chaos and roared loudest, the Demons aren’t done yet.

      • 5 replies
      Demonland

    • Welcome to Demonland: Picks 7 & 8

      The Demons have acquired two first round picks in Picks 7 & 8 in the 2025 AFL National Draft.

        • Haha
        • Like
      • 513 replies
      Demonland

    • Farewell Clayton Oliver

      The Demons have traded 4 time Club Champion Clayton Oliver to the GWS Giants for a Future Third Rounder whilst paying a significant portion of his salary each year.

      • 2,052 replies
      Demonland

    • Farewell Christian Petracca

      The Demons have traded Norm Smith Medalist Christian Petracca to the Gold Coast Suns for 3 First Round Draft Picks.

        • Like
      • 1,742 replies
      Demonland

    • Welcome to Demonland: Jack Steele

      In a late Trade the Demons have secured the services of St. Kilda Captain Jack Steele in a move to bolster their midfield in the absence of Christian Petracca and Clayton Oliver.

        • Thanks
        • Like
      • 325 replies
      Hellaintabadplacetobe
    View All

    Configure browser push notifications
    Chrome (Android)
    1. Tap the lock icon next to the address bar.
    2. Tap Permissions → Notifications.
    3. Adjust your preference.
    Chrome (Desktop)
    1. Click the padlock icon in the address bar.
    2. Select Site settings.
    3. Find Notifications and adjust your preference.