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Sorry kids

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Everything posted by Sorry kids

  1. Fair enough I dont want him leaving either, but the comparison is not on the money. I remember by Dusty fouth year he was being compared to lethal Leigh. Also much more damaging possessions than petracca .
  2. Love this guy. Clubs are build on good people and he brings a lot on top of his playing ability. He could help a generation of indigenous boys thrive at the Club.
  3. Giving up the Captaincy should have been part of his new contract. Let him give it away with dignity.
  4. Fair enough I dont want him leaving either, but the comparison is not on the money. I remember by Dusty fouth year he was being compared to lethal Leigh. Also much more damaging possessions than petracca .
  5. Good player, must keep, next step with improved fitness is to get to be very good player consistently. A neutral observer friend, Hawks fan watched him exclusively for a quarter in our last game. Said he never got out of a quick jog. Hawks supporters expect and get high standards.
  6. Again spot on. Incredible deal. Why do you think it would not be updated in the reports?
  7. Spot on, been doing some research and interestingly it seems the first day we can sell is the day after the pokies are pulled out. On face value seems the deal of a lifetime. We valued the equivalent of 18 suburban blocks at $9 million at purchase.
  8. Melbourne merges with Bentleigh Club How does the fact that we are in a merger with the Bentleigh Club affect a potential sale. Would the bentleigh members need to approve any changes and or request a new facility as has happened with a number of Golf Clubs. Matt Burgan May 26, 2011 9:00AM Melbourne Football Club MELBOURNE has merged with the Bentleigh Club, following an extraordinary general meeting on Monday night. The members of the Bentleigh Club overwhelmingly supported the merger proposal put forward by Melbourne, with 98 per cent in favour. Of the 1,232 votes received, only 28 were against the proposal. Melbourne president Jim Stynes thanked the members of the Bentleigh Club for their support and endorsement. He added that the merger ensured the survival of the Bentleigh Club and continued a long-standing relationship between the clubs. “We believe we have rebuilt Melbourne off the back of inclusiveness and a strong respect for heritage and we will seek to rebuild the Bentleigh Club on the same basis,” Stynes told melbournefc.com.au. A key strategy for Melbourne has been to strengthen its financial position and the club believes the Bentleigh Club merger is another step towards achieving its aim. On the back of its highly successful Debt Demolition campaign, which erased the club’s debt, the Demons set their sights on building assets, which would also generate income. Melbourne will now add more than $9m to its balance sheet. These assets are offset by $1.8m of debt taken over and $1.2m in gaming machine entitlement obligations. But in a net sense the improvement on the balance sheet will be at least $6m. “This strengthening of the balance sheet creates the potential for further strategic investment, as we continue to explore all avenues to grow the club,” Stynes added. The club now believes the Bentleigh Club is the first real asset Melbourne has owned. From August 2012, Victoria’s gaming regime will also change dramatically. Stynes said this will provide Melbourne with significant opportunities for increased profits. “We believe that we can operate the Bentleigh Club at close to a break-even level, until the new regime commences and after that make solid returns for reinvestment back into the club,” Stynes said. “It is important to point out that the projections we have done for our gaming operations indicate that the debt assumed under the merger can be repaid from the profits of the venues - not from any other activities of the club. “This was a key criteria in our decision making - the debt taken on had to be able to be repaid from gaming operations, so that the rest of the core operations of the club remain debt free. “We believe that not only will this be achieved, but the profits from the venues will allow cash to be injected into key areas like our community programs and the football department.” The merger was originally proposed to members of the Bentleigh Club in July 2010, following in principle discussions with its board. Melbourne then sought to engage with as many of the Bentleigh Club members as possible. It held two information nights and a Consultative Committee was formed. After more than seven months negotiations with the Bentleigh Club board and the Consultative Committee, it resulted in the signing of a memorandum of understanding in November 2010. From there the arrangements were formalised in the Transfer Deed in March, which formed the basis of the vote on Monday. Stynes thanked the Bentleigh Club board and the Consultative Committee for their tireless efforts. “On behalf of Melbourne, I would like to thank the Bentleigh Club and the Consultative Committee for its professionalism throughout the process and acknowledge the personal time they committed to the negotiations in representing their members,” he said. Melbourne will assume control of the Bentleigh Club in the coming months, once the relevant licenses and contracts have been transferred. The impact of the merger will appear in the 2012 financial statements and will be clearly explained in Melbourne’s Annual Report.
  9. Like your thinking Viney in the pocket. In the old days he would have been a second rover having explosive bursts on the ball and a tough proposition for any back pocket.
  10. Yes, positive news if he plays on merit. Hope he gets to 300.
  11. Land value for each block would be $1.5 m plus if it was zoned residential ready for sub division. Beyond that lots of ifs and buts regarding rezoning, planning clearances, neighbor concerns and so on. We need an expert on real estate on here to tell us. It could end up being an excellent investment, who knows.
  12. Exactly. You think. However you do not know 10 days in.
  13. Imagine the mob that do not want a bar of Roughead developing our forwards among other things all lined up licking the Club stamps. All the while you try and tell them about email. It would be no, we like things just the way they are here now thanks. We are gonna buy a used fax machine soon.
  14. I’m looking forward to working across the football program and with a really talented young group of players, and contributing where I can to their development,” Roughead said. You people have no vision. plodders and bootlickers united in defence of Club decisions. meanwhile we await the announcement of what Richardson new job is to be.
  15. So you would take Todd Viney over Jarrod Roughead for list management. One , young, keen, recently out of the game great character who has overcome adversity, four time premiership winner against, as some here said, a fence leaner. Says it all.
  16. Mahoney was all too keen to say we pinched Richardson before he was snapped up by other Clubs. Alluding to us as a destination club. And yet we have Roughead whos best friend has just spent three years at the club not wanting a bar of us. Any comment Mahoney?
  17. I would normally agree. However we will have to build a home base at sometime, which is a form of property development. I am not proposing the Bentleigh Club as our admin centre with some other facilities but at least it could be considered. As stated it is a good long term asset.
  18. There are 18 quarter acres blocks so something like 180 metres x 100. Would love to have a demonland group come up with a concept on a facility we own in an exclusive pocket of Melbourne.
  19. Heard it too. I remember watching a practice game and noticing one very classy thing he did which prompted me to find out his name.
  20. Parking is a requirement of their licence, no doubt. The club caters for large functions in a residential street.
  21. i agree in principle with selling at the best time regarding real estate but do you think Melbourne football club can afford, and is it our business of sitting on vacant blocks of land when we do not have a home ground base of our own. And when we will be likely running up big losses with the loss of pokies $$$$$.
  22. It requires a lot of careful planning. Once the pokies go it will run at a loss. Back luck for the members of the Club. So we need to sell before that pokies deal expires. That leaves a window of time to get it rezoned, work through the inevitable planning objectives that will come in a tightly held quiet suburban street and get our money out. It is not as simple as selling a similar pokies venue that operates as a hotel. I hope we have good people on the job.
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