Posts posted by DirtyDees DDC
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NFL
in Other Sports
Sometimes he doesn't make the right decisions, and he needs more protection from his offensive line. /quote]I must be new to this game. When does he ever make the wrong decision anymore? He's thrown 2 picks through about 10 games! And given the modest offensive line, they're standing up wonderfully.
Just watching the replay of the Eagles vs Minnesota game. Michael Vick - hit 4 times in the first 5 plays by the Vikings defence.
He's a fabulous quarterback but please give him some protection Eagles.
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NFL
in Other Sports
Just watched Vick against Houston. Great athlete with a terrific arm, and he can run. Sometimes he doesn't make the right decisions, and he needs more protection from his offensive line.
It seems like a very even season with no standout teams. I'm a packers fan but the steelers look strong again.
I have a digital tv, 22 channels and a dual tuner dvd. Life is bliss.
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We now have our new training facilities at AAMI stadium; we have our summer base at Casey; and we have an estimated $2 million profit for this year. The next stage seems to be the redevelopment of the Bentleigh and Leighoak clubs. I wonder if this includes a relocation to Casey - one of the fastest growing areas in Melbourne.
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After reading The Bentleigh Club Merger Discussion Paper I am not sure if such a merger would be the right move.
What worries me is the financial impact it would have on the club. We are about to wipe out debt with Debt Demolition but with this proposed merger of the MFC and The Bentleigh Club could send us back to the red zone.
I think the MFC should provide more information. It appears the location of a new site for The Bentleigh is the key to it being a financial success. Is there any suitable sites?
My gut feeling is that we may have to walk away from the Bentleigh Club. Though on the other hand we have an extra 48 gaming machines so if a better site is found then maybe it could be viable.
Lets hope the MFC and Bentleigh Club boards can workout a positive outcome for both, but protecting the viability of the MFC.
Yes it costs a packet to fit out a new gaming club. The worry is if turns into another Collingwood hotels fiasco. Hope we get this right.
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The Board of the Bentleigh Club has received a proposal from the Melbourne Football Club for the Bentleigh Club to merge into its operation with the MFC.
Reasons include the Bentleigh Club’s spiralling downward profitability trend, the challenging post 2012 new gaming regulations and the future capital expenditure projections required to maintain an attractive and viable venue.
The proposals include relocating to an alternative commercially viable location, in close proximity to the existing site,
but in any case remaining at Yawla St until at least until 30 June 2012.
Key issues include:
· The substantial profitability decline of the Bentleigh club, over the past 5 years
· The ongoing and increasing reliance of gaming to fund our existing operations, and facilities.
· The ongoing reliance on The Melbourne Football Club for survival
· An ageing venue that will require extensive capital expenditure, to meet regulatory
requirements, and to try to maintain an attractive and competitive venue.
· The uncertainty but inevitability of ongoing and substantial changes in regulations and taxes of
clubs and gaming venues in the future.
· The certainty of an even greater substantial investment in other venues, which will create even
more competition and pressure on our finances. (This has already begun with the upgrade to
the Bentleigh RSL, and will escalate as 2012 approaches) and
· The ongoing difficulty and inability to attract new and young membership numbers.
The board approached many consultants who have all come to the conclusion that the current location is a
significant impediment to its commercial success.
The Board has reviewed the proposal in detail is giving an ‘In Principal’
recommendation to further investigate the proposal.
This proposal can be found and downloaded from the Bentleigh Club website front page from Friday 23 July after 12 noon, at www.thebentleighclub.com.au
Be interesting to see the affect of this merger proposal on the MFC's bottom line in 2012 and beyond.
NFL
in Other Sports
Rams out - Seattle thru to the playoffs with an amazing 7-9 win loss record - the worst in NFL playoff history.
Go Packers!!!