Jump to content

Featured Replies

 

Great result and helps set the club up (hopefully) for a sustained period of success

Well done to all concerned 

 

On field success leads to off field financial success. Very difficult to be financially secure if not playing and winning finals.

well done all. Great outcome with hopefully more to follow over the next few years 

If the year wasn't impacted by covid the club's estimates point to a $6.1m profit. That is outstanding!

Hopefully next season is covid free and we can really start capitalising on our success.

Edited by Dr. Gonzo


6 minutes ago, BDA said:

On field success leads to off field financial success. Very difficult to be financially secure if not playing and winning finals.

well done all. Great outcome with hopefully more to follow over the next few years 

Yep I think Jaguar would be well pleased with our new flag and extra exposure. It may well fuel the image of well heeled and prosperous supporters but is that really so bad.

Is it a crime to have nice cars, be skilled in outdoor winter sports and have  a more sophisticated cheese palette?

No mergers or relocotions ever for this financially responsible club.

Edited by leave it to deever

  • Author
5 minutes ago, Dr. Gonzo said:

If the year wasn't impacted by covid the club's estimates point to a $6.1m profit. That is outstanding!

Hopefully next season is covid free and we can really start capitalising on our success.

The  non melb Qb game and non  nt game cost us millions

Next year will be a 'down' year in terms of the ANZAC eve game and Queens birthday blockbuster games both being away.  We do play the pies again as a home game but it is late in the season and there is a good chance they might be done by then which might reduce the crowd.

This isn't necessarily a terrible thing - we will get a natural bounce due to the premiership win next year and have these up our sleeves in 2023.

 
  • Author
6 minutes ago, Jontee said:

What was the prize money for winning the GF

 

1.2 m according to Wikki

wonder if thats in this years figures?


Think back 10 years ago and this bring a tear to your eye.  We were on our knees financially.

It is a great to be doing well especially considering the Covid impact, we should not have to compromise anything.

Assuming we continue to perform well the next few years, we will set a new bar for average crowd sizes, prime time games and membership numbers.

18 minutes ago, Satan said:

1.2 m according to Wikki

wonder if thats in this years figures?

It should be. The figures are for the club's financial year which ended 31 October so, obviously, after we'd won the GF. Whether the cash was received by then is a separate question. 

1 hour ago, leave it to deever said:

Yep I think Jaguar would be well pleased with our new flag and extra exposure. It may well fuel the image of well heeled and prosperous supporters but is that really so bad.

Is it a crime to have nice cars, be skilled in outdoor winter sports and have  a more sophisticated cheese palette?

No mergers or relocotions ever for this financially responsible club.

If it's an EV, and preferably with blade battery technology then is good.

That is a result that we could only have dreamed of nine years ago and in spite of the heavy impact of Covid. This puts us back up with the Big Clubs, just shows what can be done when surrounded by hard working brilliant people.💕❤️💙

2 hours ago, Satan said:

1.2 m according to Wikki

wonder if thats in this years figures?

Is that all banked by the club? Or do the players get a share of that prizemoney?


3 hours ago, deelusions from afar said:

Next year will be a 'down' year in terms of the ANZAC eve game and Queens birthday blockbuster games both being away.  We do play the pies again as a home game but it is late in the season and there is a good chance they might be done by then which might reduce the crowd.

This isn't necessarily a terrible thing - we will get a natural bounce due to the premiership win next year and have these up our sleeves in 2023.

We've got the Dogs on opening night and Essendon as a home game in round 3 though which should help offset the other two. Plus the Alice game and home games against Pies & Blues later in the season which could draw crowds depending on how they are performing.

To have not only a successful club on field, but a financially, culturally and structurally stable one off the field, is something I don't think any of us could have dreamt of less than a decade ago.

What a time to be alive! 

13 minutes ago, Jaded No More said:

To have not only a successful club on field, but a financially, culturally and structurally stable one off the field, is something I don't think any of us could have dreamt of less than a decade ago.

Last time we dared dream was in 2008/2009 and it was all about our forthcoming dynasty in 2011/12/13. That was several footballing lifetimes ago, it feels like. At least we're now on track to become the New York Yankees, which is the real dream.

Most of the GF prizemoney goes to the players:

"There was a $4.7m increase in player payments,
including $0.5m relating to the players share of AFL prizemoney as a result of winning the
Premiership."

Now for the stuff to keep an eye on:

$2.4M in prepayments for merchandise and memberships paid for before 31 October.  That alone wipes out the profit.

$34M for sale of Leighoak and Bentleigh club.  $11M went to paying debt.  That is why we are "debt free"...we sold assets.

What is yet to be explained is how a Future Fund will generate the $2M of profit in the current environment, that these venues did for us, on a capital base of only $23M.  i.e. a 10% return each and every year!

Big footy Thread linking to all club reports for 2021 if you like comparisons - We aren't there yet as the accounts haven't been released...

https://www.bigfooty.com/forum/threads/2021-financials-thread.1286821/

Can look back at the leaner years as well for context about how things have changed! :pj:


3 hours ago, DeeZone said:

This puts us back up with the Big Clubs, just shows what can be done when surrounded by hard working brilliant people.

Not having a go at you... Just picking up on something that I hope is a little amusing:

Yeah, we were surrounded by hard wokring and brilliant people. Then, eventually, we opened the doors and let some of them in.

Premiership and money in the bank, what more could you ask!

1 hour ago, george_on_the_outer said:

There was a $4.7m increase in player payments,
including $0.5m relating to the players share of AFL prizemoney as a result of winning the
Premiership."

Interesting to see that there was a decrease in the soft salary cap of around $3M which also contributed to the profit.

Definitely a bit of smoke and mirrors.

Next year is when we need to hit our straps.

Edited by Diamond_Jim

 
1 hour ago, george_on_the_outer said:

$2.4M in prepayments for merchandise and memberships paid for before 31 October.  That alone wipes out the profit.

Well accounting aint my strong point but this item impacts the balance sheet every single year (pre paid memberships) and has to land somewhere.  So yeah like every year it may be misleading long term but imagine how massive our profit would be if it landed next year. Um I think

 

1 hour ago, george_on_the_outer said:

What is yet to be explained is how a Future Fund will generate the $2M of profit in the current environment, that these venues did for us, on a capital base of only $23M.  i.e. a 10% return each and every year!

Very good question. My bank acc is paying 0.05% interest.  Could we put it all into Super😄

Btw I thought most clubs organised their books so as not to show too large a profit otherwise the AFL will ignore any request for assistance.

 

 

4 hours ago, DeeZone said:

That is a result that we could only have dreamed of nine years ago and in spite of the heavy impact of Covid. This puts us back up with the Big Clubs, just shows what can be done when surrounded by hard working brilliant people.💕❤️💙

And loyal supporters that refused to abandon the club. We have by far the best supporters of any club, we didn't jump on board this year, we've been there for ever.


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...

Featured Content

  • FEATURE: 1925

    A hundred years ago today, on 2 May 1925, Melbourne kicked off the new season with a 47 point victory over St Kilda to take top place on the VFL ladder after the opening round of the new season.  Top place was a relatively unknown position for the team then known as the “Fuchsias.” They had finished last in 1923 and rose by only one place in the following year although the final home and away round heralded a promise of things to come when they surprised the eventual premiers Essendon. That victory set the stage for more improvement and it came rapidly. In this series, I will tell the story of how the 1925 season unfolded for the Melbourne Football Club and how it made the VFL finals for the first time in a decade on the way to the ultimate triumph a year later.

    • 0 replies
    Demonland
  • PREVIEW: West Coast

    Saturday’s election night game in Perth between the West Coast Eagles and Melbourne represents 18th vs 15th which makes it a tough decision as to which party to favour. The Eagles have yet to break the ice under their new coach in Andrew McQualter who is the second understudy in a row to confront Demon Coach Simon Goodwin who was also winless until a fortnight ago. On that basis, many punters might be considering to go with the donkey vote but I’ve been assigned with the task of helping readers to come to a considered opinion on this matter of vital importance across the nation. It was almost a year ago that I wrote a preview here of the Demons’ away game against the Eagles (under the name William from Waalitj because it was Indigenous Round).  I issued a warning that it was a danger game, based on my local knowledge that the home team were no longer easybeats and that they possessed a wunderkind generational player in Harley Reid who was capable of producing stellar performances playing among men a decade and more older than he.  At the time, the Eagles already had two wins off the back of a couple of the young man’s masterclasses and they had recently given the Bombers a scare straight after their Anzac Day blockbuster draw against the then reigning premiers.

      • Haha
    • 1 reply
    Demonland
  • NON-MFC: Round 08

    Round 08 of the 2025 AFL Season kicks off on Thursday with a must-win game for the Bombers to stay in touch with the top eight, while the struggling Roos seek a morale-boosting upset. Friday sees the Saints desperate for a win as well if they are to stay in finals contention and their opponents the Dockers will be eager to crack in to the Top 8 with a win on the road. Saturday kicks off with a pivotal clash for both sides asthe Bulldogs look to solidify their top-eight spot, while Port seeks to shake their pretender tag. Then the Crows will be looking to steady their topsy turvy season against a resurgent Blues looking to make it 4 wins on the trot. On Election Night a Blockbuster will see the ladder-leading Pies take on the Cats, who are keen to bounce back after a narrow loss. On Sunday the Sydney Derby promises fireworks as the Giants aim to cement their top-eight status, while the Swans fight to keep their season alive. The Hawks, celebrating their centenary, will be looking to easily account for the Tigers who are desperate to halt their slide. The Round concludes on Sunday Night with a top end of the table QClash with significant ladder implications; both Queensland teams are in scintillating form. Who are you tipping this week and what are the best results for the Demons?

      • Like
    • 66 replies
    Demonland
  • PREGAME: West Coast

    The Demons hit the road in Round 8, heading to Perth to face the West Coast Eagles at Optus Stadium. With momentum building, the Dees will be aiming for a third straight victory to keep their season revival on course. Who comes in and who goes out?

      • Thanks
      • Like
    • 513 replies
    Demonland
  • REPORT: Richmond

    The fans who turned up to the MCG for Melbourne’s Anzac Day Eve clash against Richmond would have been disappointed if they turned up to see a great spectacle. As much as this was a night for the 71,635 in attendance to commemorate heroes of the nation’s past wars, it was also a time for the Melbourne Football Club to consolidate upon its first win after a horrific start to the 2025 season. On this basis, despite the fact that it was an uninspiring and dour struggle for most of its 100 minutes, the night will be one for the fans to remember. They certainly got value out of the pre match activity honouring those who fought for their country. The MCG and the lights of the city as backdrop was made for nights such as these and, in my view, we received a more inspirational ceremony of Anzac culture than others both here and elsewhere around the country. 

    • 0 replies
    Demonland
  • CASEY: Richmond

    The match up of teams competing in our great Aussie game at its second highest level is a rarity for a work day Thursday morning but the blustery conditions that met the players at a windswept Casey Fields was something far more commonplace.They turned the opening stanza between the Casey Demons and a somewhat depleted Richmond VFL into a mess of fumbling unforced errors, spilt marks and wasted opportunities for both sides but they did set up a significant win for the home team which is exactly what transpired on this Anzac Day round opener. Casey opened up strong against the breeze with the first goal to Aidan Johnson, the Tigers quickly responded and the game degenerated into a defensive slog and the teams were level when the first siren sounded.

    • 0 replies
    Demonland