BDA

You are correct. I wonder how much of the line of credit has been used/drawndown?

Depends how financially secure the AFL is. They took out a big loan early in the covid crisis for $500m which was secured against Marvel Stadium. That needs to be repaid and i'd love to know the rate of interest they were charged. HQ was gutted and all the "make work" roles were done away with (which was most of them). Player payments reduced as well. Gill was looking very nervous there for a while but i think the bubble meant a financial crisis was avoided for now. I wouldn't like to be relying on the AFL. Much prefer we retain our financial independence and can make our own decisions.

TMac on the wing! I've heard it all now. I'd play Rosman before i'd play him. He's forward depth. Very expensive forward depth.

I think he’s a long shot and nothing more. If he didn’t have the Farmer name I doubt we’d be giving him a trial. It would be great to see a Farmer running around in the red and blue but I won’t be holding my breath.

No point changing the habit of a lifetime ?

https://resources.melbournefc.com.au/aflc-melb/document/2019/12/16/392d79e2-bd8d-46b4-8db1-57f764504f4d/MFC_Financial-Report_2019_Digital.pdf The above link is to the 2019 financial statements.The sale was accounted for in the 2018 financial year. Looks like the proceeds on sale were $10.65m – see cashflow statement 2018 comparative - Proceeds from sale of discontinued operations. The money was banked. In 2019 some of the funds were re-invested – see $7.6m financial investment on 2019 statement of financial position ($1m + $6.6m) We incurred a loss in the 2019 year of approx. $2m which accounts the majority of the remainder of the Leighoaks proceeds (used to cover the losses). Alternatively you could look at the 2019 cashflow statement which details components of the decrease in the bank account of $10.2m.

The club liquidated the investment of $6.6m which was the wash-up from the Leighoak sale. $2m when to pay-down debt and $3m to fund the operating loss. The remainder is in the bank account. The debt was in the form of commercial bills which can be expensive. Interest expenses was greater than the interest earned on the investment hence made sense to pay down the debt. They are not pretty numbers but we were lucky to have the leighoak proceeds to tide us over. Another year like this year and we’ll either have to tap the AFL, drawdown on the commercial bill facility again or sell the Bentleigh Club and live off the proceeds. Note 2b outlines the basis on which the directors are satisfied to sign off the statements on a going concern basis. I note the auditors haven't included a reference in their audit report to going concern which is positive. Suggests no immediate reasons to be concerned about the financial situation. I’d be interested to see what sponsorship and membership are looking like for 2021. Are we renewing at the same rates or is there a drop-off? I hope the vaccines are effective and we can get back to full crowds again and relative normality otherwise it’ll be another round of wage cuts, reduced list sizes and austerity.

As someone who is highly critical of Goodwin I would much prefer to be proven wrong than right.

I’m pencilling us in for 17 wins and a top 4 finish. Drop games against Richmond, bulldogs (Marvel game win the return at the G), Geelong (last round), Port and West Coast. Get stuffed MFCSS.

I think its great we’ve drawn an inter-state side and don’t have to share a ticket allocation. Hopefully we can keep a lid on Covid infections and get 25,000 Dees supporters into the G for the game.

We agree on one thing at least ?

Challenging first up test for the Dees. Freo are well coached with some excellent young players. They'll be no push-over. I reckon we will atone for the Cairns debacle. Saturday afternoon at the G. Can’t wait.

Ordinary at the best of times. Covid cut-backs make things worse again.. outside of the club itself dland is the best source of info

Melbourne city have moved to Casey because they have no supporters. They said as much in their press release. Manchester City may have bought some titles but they have no supporters. I’m curious on what basis you say that they have. Qatar petro dollars is not all that alluring it would seem. Now if you had said Barcelona, Real Madrid, Bayern or Juventus I might entertain your argument. But City??

I hear you Deegirl I had to stop watching mid-way through 2019. Wasn’t fair on the family to put up with my outbursts and grumpiness. I was so expectant after 2018 and then….devastation. Disappointment is the lot of most fans but the life of a dees supporter is a tough road. But having said that, when we eventually come good, and we will (hopefully I’ll be alive) it will be all the sweeter for having travelled that road. Go dees!

It's common knowledge. city have no supporters either in Manchester or in Melbourne. A more apt comparison would be Gawn v Jamieson (Melb city captain apparently, i had to look it up). A-league is a shambles and has been for years. No competition to the AFL whatsoever. Newer migrants gravitate to soccer. Second generation to other sports. I wouldn't be surprised to see an influx of African talent to the AFL over the next few years. No reason why, with a proper recruitment strategy second generation talent can't be attracted to the AFL

Fraser Rosman has the potential to be an absolute beast. He has a similar physique to Paddy Cripps.

To be fair to Eddie he did put his heart and soul into the job and turned things around for the pies when they were in real trouble. Kudos for that. I don’t think it’s a good idea to have a club president that is a media personality as well. Port just about get away with Kochie and even he puts his foot in it too often. But hosting breakfast programs and commenting on matters affecting other clubs is fraught and left Eddie open to the charge of hypocrisy too often. Plus Collingwood issues were magnified because he was always asked for a comment when the better course of action was to lie low. I prefer the Bartlett model of media engagement. Stay in the background and only speak in public on rare occasions e.g. the spray he gave the team post the Port abomination this year. He hit the right tone at the right time. Over do the media exposure and his words lose impact.

I’ll miss the camera panning to Eddie every time Collingwood lose a big game. His expression always made my day.

Fair call

You should ask him for a job ?

Very true.

It wasn’t hot and sweaty when we played in Cairns this year. It was cold, wet and windy. For both games.

Casey sounds like the perfect place to prepare before Cairns games in the future!

shirking contests and responsibility? Jordan Lewis copped one of the biggest hits I’ve ever seen on a footy field going back with the flight of the ball. He nearly had his head taken off his shoulders. You don’t play 300 games and win 4 flags by shirking contests and responsibility. His indiscipline and stupid 50 metres penalties got on my nerves. But I never doubted his courage or commitment. He was part of a great club and team. And worked with Oze. If the club think he has something to contribute then I’m all for his involvement.