Another massive financial loss for a VFL club in 2012

[Raiderdave]

Was bound to happen given we have the worst stadium deal in the AFL. Our breakeven crowd is 28,000, the reason it's so high is so that the $NAFL can make all the cash off our gate takings so that they can fund their own league. No doubt shit performances and crowds have also had an effect on it as well, but getting a better stadium deal is vital.

Unfortunately we can't all have a breakeven crowd of just 10,000 like the Raiders do (who still operate at a loss each year regardless)

you got 2 Million from the SANFL .... & .... an extra 1 million from the VFL... they both just handed it over to help make ends meet
that all but rules out yr " so called " bad stadium deal

& yous still..... STILL .. went down the crapper .... by another 2 million plus
its astounding

you bet a better stadium deal is vital .... it would need to be the best stadium deal in the history of stadium deals anywhere on earth
just to get you lot back to an even keel .. just to cover that years budget .... let alone even looking at the debts yr holding from previous years.
if it isn't ....
well its

RIP Port Poopelaide

[Stewie]

Thank you internet for giving ******* an opinion.

A large contribution to the loss is based on the poor stadium deal, then you have the bad crowds at AAMI as well as less corporate sponsors etc.

All of the above will be resolved come 2014. A city based stadium opens up a lot of new opportunities for the club.

Instead of having a break even crowd, an annual rent fee is much better as the club can budget for that. Writing a cheque to the $NAFL for every match that does not get 28k is a ridiculous system that pretty much sums up that organisation.

[Raiderdave]

Bloody hell, worse than I though.

They'll turn it around, the last thing vlad needs at this time is for any club to fold or merge, would not look very good for the self acclaimed national sport.

A.D. is working on getting Port Adelaide and Adelaide FC removed from the ownership of the $NAFL. This is the beginning of the turnaround of finances for both clubs.

Your owners gave you money ... 2 Million
they made nothing out of owning you .... they lost

enough of the but butting

youz cannot go close to balancing yr budget .... not within cooee
a better stadium deal .... isn't going to cover a shortfall like this .... it is MASSIVE

[Raiderdave]

:
Instead of having a break even crowd, an annual rent fee is much better as the club can budget for that. Writing a cheque to the $NAFL for every match that does not get 28k is a ridiculous system that pretty much sums up that organisation.

you lot failed to get to 28K ... on 10 out of 11 home games in 2012
so wrote checks as you put it ... on 10 occasions
you lot averaged 19K

so on average ... you paid the SANFL for 9K people who didn't attend ... at say .. $20 a head
thats 180K a game

thats 1.8 Million for the season

again
the SANFL ... handed over every cent you paid them ..... BACK !!

& youz still lost between 2 & 4 Million dollars

enough of yr excuses
what really happened here Spewie ... its an utter cluster f.uck

what really happend ?

[Stewie]

It would be more than $20 a head dumbarse. The $NAFL also charges for the loss of catering revenue as well as car parking revenue from a shortfall in attendances.

If you could read you'd realise that I've already said that a better stadium deal won't completely wipe out the loss. A range of factors such like increased corporate revenue, crowds, memberships etc will.

Please become more educated on the subject at matter or STFU.

[Raiderdave]

It would be more than $20 a head dumbarse. The $NAFL also charges for the loss of catering revenue as well as car parking revenue from a shortfall in attendances.

If you could read you'd realise that I've already said that a better stadium deal won't completely wipe out the loss. A range of factors such like increased corporate revenue, crowds, memberships etc will.

Please become more educated on the subject at matter or STFU.

it wouldn't be any more then $20 , we know kids get into VFL games for $2 , its a nonsense to suggest its anymore then $20 & its probably less
so ...the fact is your deal with the SANFL is irrellevant & not the problem at all
as anything given to them ... they gave straight back.

fact is debt like this keeps clubs from being competitive
meaning crowds .. memberships & corporate revenue ... don't increase

just moving into a new stadium does not ensure success

do I need to get Port Plopelaide's CEO in contact with the Raiders CEO ... so he can show teach him how to run a succesful financially profitable organisation

spewie ..........?
hello ?
hello?

[Stewie]

It would be more than $20 a head dumbarse. The $NAFL also charges for the loss of catering revenue as well as car parking revenue from a shortfall in attendances.

If you could read you'd realise that I've already said that a better stadium deal won't completely wipe out the loss. A range of factors such like increased corporate revenue, crowds, memberships etc will.

Please become more educated on the subject at matter or STFU.

it wouldn't be any more then $20 , we know kids get into VFL games for $2 , its a nonsense to suggest its anymore then $20 & its probably less
so ...the fact is your deal with the SANFL is irrellevant & not the problem at all
as anything given to them ... they gave straight back.

fact is debt like this keeps clubs from being competitive
meaning crowds .. memberships & corporate revenue ... don't increase

just moving into a new stadium does not ensure success

do I need to get Port Plopelaide's CEO in contact with the Raiders CEO ... so he can show teach him how to run a succesful financially profitable organisation

spewie ..........?
hello ?
hello?

Lol it wouldn't be anymore than $20 because of kids? you fucking moron! The cheapest ticket for an adult is over $27 ffs!
Memberships and corporate revenue will increase once the club moves to a world class stadium in the city.
Why should Port get in touch with the CEO of the club who has the lowest crowds in the nRL and can't even make money despite having a very good stadium deal which sees the club only need 10k to break even? Hopeless those arse Raiders are

[pussycat]

Bloody hell, worse than I though.

They'll turn it around, the last thing vlad needs at this time is for any club to fold or merge, would not look very good for the self acclaimed national sport.

A.D. is working on getting Port Adelaide and Adelaide FC removed from the ownership of the $NAFL. This is the beginning of the turnaround of finances for both clubs.

Or is it the beginning of the end?

[Stewie]

Bloody hell, worse than I though.

They'll turn it around, the last thing vlad needs at this time is for any club to fold or merge, would not look very good for the self acclaimed national sport.

A.D. is working on getting Port Adelaide and Adelaide FC removed from the ownership of the $NAFL. This is the beginning of the turnaround of finances for both clubs.

Or is it the beginning of the end?

Will the world end on December 21 2012?

[Raiderdave]

It would be more than $20 a head dumbarse. The $NAFL also charges for the loss of catering revenue as well as car parking revenue from a shortfall in attendances.

If you could read you'd realise that I've already said that a better stadium deal won't completely wipe out the loss. A range of factors such like increased corporate revenue, crowds, memberships etc will.

Please become more educated on the subject at matter or STFU.

it wouldn't be any more then $20 , we know kids get into VFL games for $2 , its a nonsense to suggest its anymore then $20 & its probably less
so ...the fact is your deal with the SANFL is irrellevant & not the problem at all
as anything given to them ... they gave straight back.

fact is debt like this keeps clubs from being competitive
meaning crowds .. memberships & corporate revenue ... don't increase

just moving into a new stadium does not ensure success

do I need to get Port Plopelaide's CEO in contact with the Raiders CEO ... so he can show teach him how to run a succesful financially profitable organisation

spewie ..........?
hello ?
hello?

.
Why should Port get in touch with the CEO of the club who has the lowest crowds in the nRL and can't even make money despite having a very good stadium deal which sees the club only need 10k to break even? Hopeless those arse Raiders are

cos the Raiders STILL made a 3.4 Million dollar profit

a pppppprrroooofffiiittttttt...............

lets sound it out together now ... PRRR>>>OOOO FIIITT

[Stewie]

it wouldn't be any more then $20 , we know kids get into VFL games for $2 , its a nonsense to suggest its anymore then $20 & its probably less
so ...the fact is your deal with the SANFL is irrellevant & not the problem at all
as anything given to them ... they gave straight back.

fact is debt like this keeps clubs from being competitive
meaning crowds .. memberships & corporate revenue ... don't increase

just moving into a new stadium does not ensure success

do I need to get Port Plopelaide's CEO in contact with the Raiders CEO ... so he can show teach him how to run a succesful financially profitable organisation

spewie ..........?
hello ?
hello?

.
Why should Port get in touch with the CEO of the club who has the lowest crowds in the nRL and can't even make money despite having a very good stadium deal which sees the club only need 10k to break even? Hopeless those arse Raiders are

cos the Raiders STILL made a 3.4 Million dollar profit

a pppppprrroooofffiiittttttt...............

lets sound it out together now ... PRRR>>>OOOO FIIITT

The Raiders rugby team lost $200,000 actually.

[Raiderdave]

.
Why should Port get in touch with the CEO of the club who has the lowest crowds in the nRL and can't even make money despite having a very good stadium deal which sees the club only need 10k to break even? Hopeless those arse Raiders are

cos the Raiders STILL made a 3.4 Million dollar profit

a pppppprrroooofffiiittttttt...............

lets sound it out together now ... PRRR>>>OOOO FIIITT

The Raiders rugby team lost $200,000 actually.

the clubs they OWN.... made 3.6 million in profits

theres that word again
the P word I keep using

look it up a dictionary spewie ..... I know thats as close as anyone at Port Snortelaide will get to one

[Xman]

Exactly. The raiders lose money despite spending only 12m

[Raiderdave]

Exactly. The raiders lose money despite spending only 12m

lucky they have another arm of their business thats killing it business wise then eh

hows Port Poopelaide's other business activites fairing ?





helllo ?

anyone there ?

[Xman]

Exactly. The raiders lose money despite spending only 12m

lucky they have another arm of their business thats killing it business wise then eh

hows Port Poopelaide's other business activites fairing ?





helllo ?

anyone there ?

their business arm is for what? Additional funds? Financial security? What do you think the AFL is for?

50% of the Raiders budget is handouts from the NRL and state government. Their earnings from attendance, memberships and sponsorship must be miniscule.