The loss was 200k - how much did we pay out to Goodwin & future payments to Oliver: WOW!

It is important to note that the club’s statutory result has been materially impacted by abnormal items in 2025, most significantly the costs relating to the transition of key football department personnel, resulting in a statutory loss for the year of $4.5m. These costs, which total $3.9m, include payments to the club’s former Senior Coach, Simon Goodwin and future payments to be made to Clayton Oliver.

Yep, 1.7m operating profit in 2024, an ANZAC Eve/KB 'off' year, to a 0.2m loss in 2025, an 'on' year. A lot of work ahead.

We had to expense Brayshaw 2025+ payments in 2024 ($3m) and goodwin/oliver 2026+ payments this year ($3.9m). My understanding is this is about reporting non-contingent liabilities rather than actual cash expenses (i.e. brayshaw and oliver payments spread over several years still).

Edited 8 hours ago8 hr by Gouga
Typo.

Some aflw premiership prize money would be handy!!!

melbournefc.com.au

2025 Financial Result

Following a year of significant change, Melbourne Football Club has announced an operating loss of $200,000 for the 2025 financial year.

Reading through I believe that the cost of paying Simon Goodwin out and putting aside Clayton’s payout are included in the ledger. Will be interested in hearing from the more financially attuned on how this works, I.e showing the full $3.5m loss in yr1? Thanks.

That is for Clayton’s payout.

The loss was $4.5 M !

To use the cover-up of a $200k "operating loss" is deceptive. When it seems the abnormals claimed are paying out football contracts. That's not abnormal.

Strange, i thought Clayton's payout would have to also conform to salary cap constraints unless of course we had a massive hole in this years cap - enough to pay Clayton out in one lump sum? Wouldn't he have to agree to that as well given the strict rules around accrual accounting?

To write it all off in 2025 (assume 50% of his salary at 1.2M) is about 3M. How on earth would we have a 3M gap in our salary cap.

This is how your PWC's, Deloitte's of the world earn their keep i suppose.

3 minutes ago, GS_1905 said:

Strange, i thought Clayton's payout would have to also conform to salary cap constraints unless of course we had a massive hole in this years cap - enough to pay Clayton out in one lump sum? Wouldn't he have to agree to that as well given the strict rules around accrual accounting?

To write it all off in 2025 (assume 50% of his salary at 1.2M) is about 3M. How on earth would we have a 3M gap in our salary cap.

This is how your PWC's, Deloitte's of the world earn their keep i suppose.

They have provided for the liability to clayton so booked the full expense in the P&L.

they will pay him through the remainder of the contract which will then reduce the liability on our balance sheet

21 minutes ago, george_on_the_outer said:

The loss was $4.5 M !

To use the cover-up of a $200k "operating loss" is deceptive. When it seems the abnormals claimed are paying out football contracts. That's not abnormal.

businesses only ever highlight abnormal losses (not abnormal at all as you rightly point out).

The additional bump in membership revenues due to our flag were not described as adnormal gains!

4 hours ago, Gouga said:

Some aflw premiership prize money would be handy!!!

Big ask to get past a team that hasn't lost in 2 years.

If we could somehow get a win today I think we would win the flag, but realistically it probably ends this afternoon.

How, in this day and age, can a club be run so poorly?

Is it too cynical to view this as the new club leadership front-loading poor financials for a more positive spin in future years?

Pert often referred to our balance sheet as being one of the strongest in the league.

I wonder how it now stacks up?