GWS / SUNS >> How much more dollars

[WookieReturns]

Last time i heard they were around 14 million in Debt that was a few years ago..
any idea what it is around now?

The Lions have 8m in debt as of Oct 30 last year, due to the Springfield development

The Company has an $8.0 million (2022: $8.0 million) cash advance facility with Westpac expiring 31 December 2024, that is secured by a General Security over all of the Company’s existing and future assets and undertakings. The facility is also secured by a guarantee and indemnity issued by the AFL expiring 31 January 2025. The average interest rate on cash advanced was 4.38% (2022: 1.58%). The amount drawn at 31 October 2023 was $8 million (2022: $8 million)

GWS and Giants cannot carry debt, they are free for all paid organisation year in year out.

They can carry debt like any other business. The Suns did have a 1.59m loan with NAB, this has been replaced with a 1.5m dollar loan from the AFL. The Giants have a 9.9m loan from the AFL.

[azif]

Predictions on AFL handouts to
the Vietnam War Clubs

sitting at around $65mill for both clubs last year.

do i hear 70 Million ?

I understand it was a bit more then that in 2023
around 70 mill ... 36 for the grants & 34 for the thuns

surprisingly .... at numb 3 right up their bums.... was the Wions on 33 mill

Fucking yawn. Like usual, you understand fuck all and make it up the rest. The figures are bad enough without you overstatiung them

2023 AFL Distributions

Gold Coast 28.88m (Suns Report) 33.114m (AFL Report)
GWS 32.18m (Giants Report) 32.494m (AFL Report)
Brisbane 27.44m (Lions Report) 27.724m (AFL Report)

The differences come out due to the centralised nature of league revenues, including sponsorships, promotional work and ground management fees (Suns).

The base club entitlement was 11.42m in 2023. These three clubs received on average 19.69m over the base distribution.

that another roy morgan survey there ?
enough but but but fumbler ....the 2 GFs in a row wions are in deep doo doo & have been for 20 years .. & it doesn't look like its improving much

[WookieReturns]

that another roy morgan survey there ?

No unlike you, I have the actual data not fucking guesswork.
This comes straight from the club and league annual reports.

[azif]

that another roy morgan survey there ?

No unlike you, I have the actual data not fucking guesswork.
This comes straight from the club and league annual reports.

no
all you have is but but but fumbler ...

[WookieReturns]

no
all you have is but but but fumbler ...

and you have literally nothing...except your head up your own but but

[WookieReturns]

Last time i heard they were around 14 million in Debt that was a few years ago..
any idea what it is around now?

The Lions have 8m in debt as of Oct 30 last year, due to the Springfield development

The Company has an $8.0 million (2022: $8.0 million) cash advance facility with Westpac expiring 31 December 2024, that is secured by a General Security over all of the Company’s existing and future assets and undertakings. The facility is also secured by a guarantee and indemnity issued by the AFL expiring 31 January 2025. The average interest rate on cash advanced was 4.38% (2022: 1.58%). The amount drawn at 31 October 2023 was $8 million (2022: $8 million)

GWS and Giants cannot carry debt, they are free for all paid organisation year in year out.

They can carry debt like any other business. The Suns did have a 1.59m loan with NAB, this has been replaced with a 1.5m dollar loan from the AFL. The Giants have a 9.9m loan from the AFL.

8 Million, that is nothing really in the scheme of things, i think they will get a huge splurge of cash from the GF Win
which will flow through, 2025 could be there biggest yet

[Fred]

Any good business uses other people”s money. 101 in business is never use your own money.

[WookieReturns]

Any good business uses other people”s money. 101 in business is never use your own money.

Also loans are fine, as long as they are serviceable and dont get away from you

[Terry]

Last time i heard they were around 14 million in Debt that was a few years ago..
any idea what it is around now?

The Lions have 8m in debt as of Oct 30 last year, due to the Springfield development

The Company has an $8.0 million (2022: $8.0 million) cash advance facility with Westpac expiring 31 December 2024, that is secured by a General Security over all of the Company’s existing and future assets and undertakings. The facility is also secured by a guarantee and indemnity issued by the AFL expiring 31 January 2025. The average interest rate on cash advanced was 4.38% (2022: 1.58%). The amount drawn at 31 October 2023 was $8 million (2022: $8 million)

GWS and Giants cannot carry debt, they are free for all paid organisation year in year out.

They can carry debt like any other business. The Suns did have a 1.59m loan with NAB, this has been replaced with a 1.5m dollar loan from the AFL. The Giants have a 9.9m loan from the AFL.

Thanks Sooks, they're incredible numbers pal. I'm currently on holidays OS but will lend my expertise to this discussion when the missus next disappears for a 'spot' of shopping LOL!

Speak then pal.

[WookieReturns]

Footy season is over. After today, Im gone again for a while

[Terry]

Terrible news sooks. Hang around pal I've got a few curve balls to launch at ya.

You'll enjoy the intellectual.....ummmmm......exchange pal!

[azif]

Footy season is over. After today, Im gone again for a while

awwwwww , who am I going to make look like a fool now ?

Bea Arthur is missing in action ... like ... we're a little concerned
still in a gutter , bottle in brown paper bag ... dribbling on to hobbos about how many members the swines have got

[WookieReturns]

Footy season is over. After today, Im gone again for a while

awwwwww , who am I going to make look like a fool now ?

The only thing you can do is make shit up and not make sense.

[azif]

Footy season is over. After today, Im gone again for a while

awwwwww , who am I going to make look like a fool now ?

The only thing you can do is make shit up and not make sense.

facts & plenty of sense fumbler , you on the other hand

roy morgan surveys

[WookieReturns]

facts & plenty of sense fumbler , you on the other hand

roy morgan surveys

You really hate roy morgan. But then you go mental at anything that doesnt fit your worldview.