Swans4ever wrote:Raiderdave wrote:Swans4ever wrote:Raiderdave wrote:Swans4ever wrote:Raiderdave wrote:Stewie wrote:Raiderdave wrote:Stewie wrote:Raiderdave wrote:[quote="Swans4ever"][quote="Raiderdave"][quote="Judge J"][quote="Raiderdave"][quote="Judge J"]The season is only half over, gentlemen. I think the old saying applies here; It ain't over til it's over.
OMG
the delusion
the outta control delusion
All it would take is one win for GWS and the crowds could well rise. You just don't know.
yes they could
of course
I'd have more chance of turning out for the Raiders tomorrow night playing right centre :_<> :_<>
They way the raiders are losing money you might have too!
wow
he's lost his marbles
Raider has sent him to the loony bin
the Canberra Raiders posted a 3.4 Mill dollar profit in 2012
it'll be bigger in 2013
wow
just wow =D> =D> =D>
No, they made a 200,000 loss from a 10m minuscule budget.
budget was 61 Million
profit was 3.4
you know it
end of
Budget was just 10m and the football dept still couldn't make a profit. Cheap memberships and tickets, shit crowds, sponsors who pay nothing to the club as they get no FTA exposure are the reasons for the tiny revenue.
denial .. you can't drown in it cockhead
our financial position is up there with Collingdon has the most profitable sporting organisations in the land
for a small city like Canberra that has no industry or corporate business's based here
that is amazing
well done Raiders
well done =D> =D> =D> =D> =D>
A dismal season on the field for the NRL operation last year was matched by below-par financial performance, slumping to a loss of more than $220,000 on revenues of almost $12 million, including nearly $2 million in cash and in-kind benefits from the ACT government...................and.................
The Canberra Raiders have previously refused to publicly disclose details of their financial performance, but do***ents lodged with corporate regulator ASIC show the NRL club recorded a $226,000 loss in 2010-2011 despite netting almost $12 million from TV money, gate receipts, merchandising, sponsorship and match-day sales.
The club's income also includes $1.4 million in annual ''appearance fees'' from the ACT government, which also provides payroll tax concessions worth $500,000 each year. The fortunes of the football club will be improved by the two-year sponsorship deal with Chinese technology giant Huawei worth $1.7 million completed in March.
http://forum.sportal.com.au/default.asp ... ts&t=87553
The parent group and the associated buisness but the Canberra raiders Football Club is losing money - even after the government gave them 1.4 mil, 226,000 gifted by the Sports club and a 226k loss equates to a loss of nearly 2 mil on the revenue they actually earn - what a blight on the landscape they are - my taxes paying for an in financial basket case, what a hypocrite you are ********* for knocking GWS! Coward![/quote]
for starters
didn't you say it was an 8 Million dollar loss you blithering SHIT HEAD
anyway
heres the real story & can I just say
Wow
just WOW =D> =D> =D>
http://www.canberratimes.com.au/act-new ... 1xzpx.html
The Canberra Raiders have quietly been building a commercial property empire worth tens of millions of dollars as the NRL club's cashed-up parent company looks to end its dependence on pokies.
A dismal season on the field for the NRL operation last year was matched by below-par financial performance, slumping to a loss of more than $220,000 on revenues of almost $12 million, including nearly $2 million in cash and in-kind benefits from the ACT government.
But the Raiders' parent group, The Canberra District Rugby League Football Club Ltd, enjoyed cash-flows last year of almost $50 million and healthy profits of $3.6 million.
that's turnover by Raiders group including this organisations football operation & of $62 Million
&
&
an overall profit of 3.4 Mill all up
heres some more info on the financial powerhouse .. that is the Canberra Raiders
next time
enter a debate with at least a fact or 2
other wise you look like an utter cock ...... hang on
that's just another day for you aint it
THE AFL has a future fund and the Rugby League Commission plans one, seeking $200 million in savings over the life of the new broadcasting contract.
Clubs are in a different position, with some depending on next year's season-ticket sales to meet this year's cost overruns.
The Raiders may be near the bottom of the NRL premiership ladder and the Rabbitohs at the top, but the asset base of the two clubs offers stark contrasts.
Two years ago, the Raiders bought a couple of commercial properties in Brisbane - a 10-storey office block in the city, and a smaller one at Milton. In July 2011, they added a Bunnings property at Seven Hills in Sydney to their portfolio of investments.
The Raiders' next big project will be a mixed-use development on a site at Braddon in the ACT.
A development application has been lodged to build 161 apartments, with about 2200 square metres of retail space, and 3000 square metres of commercial space.
It's an $80 million development.
The Raiders' investments yield $3.3 million a year in income and expect it to reach $8 million within five years.
This approximates what the Bulldogs receive from their licensed-club grant to meet the difference between what the football club spends and what they receive from the NRL, gate takings and sponsorship. While the Bulldogs and many Sydney clubs rely on poker machines, the Raiders are diversifying to more traditional forms of investment, with a good long-term income stream.
The Rabbitohs don't have a licensed club to subsidise them.
Souths on Chalmers closed its doors and is in administration, owing $5.65 million, comprising $2.6 million to a private lender (who has security over the half-floor premises) and $2 million to the Castellorizian Club (which has security over the business), $400,000 to a former director and $600,000 to tradesmen who worked on the development.
The assets that were present when the Rabbitohs were down the bottom of the ladder under the presidency of George Piggins have disappeared. The $15 million-plus in real estate when the club was privatised has been sold.
High Concept Commercial Pty Ltd, the joint venture developing the four-level building and 198-space car park, went into administration last year, unable to pay its bills.
Its guarantor is the football club, which has been served with a demand for $1.1 million and a yet-to-be-determined sum for loss of trading at the leagues club.
Souths under Piggins were described by the administrator as ''asset rich, cash poor''.
They are now ''asset poor, cash rich'', that is, cash rich by the standards of most NRL clubs. Their gate takings, membership income, merchandising sales and sponsorship income, in total, would be surpassed only by the Broncos. Considering the Broncos are a one-city club, while Souths must compete with eight other Sydney clubs, the Rabbitohs administration is entitled to boast it is as good at raising revenue as its team is scoring points.
But with no assets, they must rely on a successful football team to generate revenue and the charity of owners Russell Crowe and Peter Holmes a Court.
And now, with the Rabbitohs served with demands from the now closed leagues club, it faces a reversal of the traditional income flow where a leagues club funds a football club.
Of the sale of a community-owned leagues club to buy a privately owned football team, Piggins says: ''I could have done that.''
Canberra is showing the way to an ''asset rich, cash rich'' future.
Raiders' Group general manager Simon Hawkins says, ''One of the selling points we have when recruiting players is explaining to them about the financial strength of our group and the stability of our corporate structure. We have around 660 employees across ACT, NSW and Queensland, and all of these people either work for the Raiders and rugby league, or for one of the companies which support rugby league.
''There are still people here who were also around in the early '90s, when things weren't so rosy [Raiders players were forced to take a salary cut]. This corporate memory allows us to focus on making investment decisions that are good for the long term. We're all passionate about our footy, but there is a team of us here who concentrate on ensuring we have the finances to continue supporting it.''
Raiders fans would probably like to swap positions on the premiership ladder with the Rabbitohs but Canberra's management would not swap asset bases
wow
just wow
and this is really only the tip of the ice berg as I have explained on many occasions. this article here says they started their property buying 2 years ago, it started about 7 years ago in fact when they snapped up 10 licensed clubs across NSW & QLD adding to several they already had... & they have been buying & buying ever since.
when this inner city development is complete in about 3 years or so , well jeez louise they will be rolling in coin like no other sporting organisation in this country.
theres talk they may be in such a strong financial position in the coming years to become part owners of the new rectangle indoor stadium to be built with the Govt with an option of buying it out over time , imagine the Raiders being the Brumbies Landlords
Read more:
http://www.smh.com.au/rugby-league/leag ... z2PolDqoO5[/quote]
Again wanker read your own post - THE FOOTBALL CLUB MADE A DEFICIT last year - not the sporting club know as THE CANBERRA RAIDERS Sports group(They don't share incomes-as they GIFT money to the football club!) or it parent company THE CANBERRA DISTRICT RUGBY LEAGUE ASSOCIATION (again they do not share incomes they are seperate businesses who share an affiliation! - they are not the RAIDERS FOOTBALL CLUB - YOUR FOOTBALL CLUB DID NOT MAKE A PROFFIT - it lost money from ITS FINANCIAL PERFORMANCE! So before you get on your high horse perhaps you should read the material before mouthing off - I never said the parent group or the sports club group were doing poorly in fact I said they were given money AS WELL AS TAX MONEY FROM THE GOVERNMENT! You obviously have no understanding of your own football club - it is contained in all the material - some people may lump them in together but they ARE SEPERATE BUSINESSES![/quote]
:_<> :_<>
read carefully shit for brains
they are ONE & THE SAME
the Football club owns every asset run by the Raiders Group ... every cent earned by this group is owned by the football club
ONE board runs it all
62 Million in tunnover in 2012
3.4 Million in cold hard cash straight into the bank at the end of it
by 2017
this will be ova 10 Million a year when they start getting rent from their 80 million dollar residential development that they are building ... that's right
they aren't using a developer .. it will be owned by the Canberra Raiders
Raiders ... Richest sporting Club of any code in Australia within 5 years
oh and
there is no organisation called
THE CANBERRA RAIDERS Sports group
or the
THE CANBERRA DISTRICT RUGBY LEAGUE ASSOCIATION
very much like your intelligence
IT & THEY...... DON"T EXIST
stop making stuff up & naming make believe organisations & clubs
you would be the only person on earth capable of bettering .....being the biggest cockhead on the planet
so stop while you're so far behind no one can sight you
when will these fumblers STOP lecturing people who have lived in a place for 30 years , to which they have never been to or know nothing about
](./images/smilies/eusa_wall.gif "Brick wall")
[/quote]
......snap he's gone again.....omg the rampant denial. His club is losing money and he can't accept it, oh dear poor Raiderdave![/quote]
the only one in denial here
is you
you stare straight at facts ... & can't comprehend them
this is a clear indication of your lack of intelligence
& you being way ... way outta your depth here
