Re: AFL V NRL Financial positioning
Posted: Thu Dec 13, 2012 8:38 pm
Xman, higher turnover and higher outlays, have a think about that.
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For Adelaide oval?ParraEelsNRL wrote:Xman, higher turnover and higher outlays, have a think about that.
Xman wrote:The Adelaide Crows have posted a net profit of $122,434 for the AFL year.
http://bigpondnews.com/articles/Sport/2 ... 26207.html
and this will benefit the power as wellBusiness model projections indicate the Crows can budget for significantly increased corporate and match-day revenue playing home games from the refurbished Adelaide Oval.
You obviously know nothing about business dave.Ill give you a lesson in business 101.It is easier to cut expenditure than it is to raise revenue.Fact. What about the raiders.Turnover 61 million profit 3 million.That is a thin margin my friend.Pokies revenue being smashed around the country.A billion less from last year.When the grubby money runs out dave where to then for a club with less members than Yarrawonga.Raiderdave wrote:Xman wrote:The Adelaide Crows have posted a net profit of $122,434 for the AFL year.
http://bigpondnews.com/articles/Sport/2 ... 26207.html
and this will benefit the power as wellBusiness model projections indicate the Crows can budget for significantly increased corporate and match-day revenue playing home games from the refurbished Adelaide Oval.
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
pookus wrote:You obviously know nothing about business dave.Ill give you a lesson in business 101.It is easier to cut expenditure than it is to raise revenue.Fact. What about the raiders.Turnover 61 million profit 3 million.That is a thin margin my friend.Pokies revenue being smashed around the country.A billion less from last year.When the grubby money runs out dave where to then for a club with less members than Yarrawonga.Raiderdave wrote:Xman wrote:The Adelaide Crows have posted a net profit of $122,434 for the AFL year.
http://bigpondnews.com/articles/Sport/2 ... 26207.html
and this will benefit the power as well
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
how many times does it need to be said? The AFLs clubs arent there to make profits! They're there to run a football club!Raiderdave wrote:Xman wrote:The Adelaide Crows have posted a net profit of $122,434 for the AFL year.
http://bigpondnews.com/articles/Sport/2 ... 26207.html
and this will benefit the power as wellBusiness model projections indicate the Crows can budget for significantly increased corporate and match-day revenue playing home games from the refurbished Adelaide Oval.
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
Xman wrote:how many times does it need to be said? The AFLs clubs arent there to make profits! ...Raiderdave wrote:Xman wrote:The Adelaide Crows have posted a net profit of $122,434 for the AFL year.
http://bigpondnews.com/articles/Sport/2 ... 26207.html
and this will benefit the power as well
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
fmd youre a dunce! Clubs budget on expected revenue and expenditure, aiming to make a small profit. If they receive less revenue due to poor attendance or member numbers because of poor on field performance the budget won't balance and they'll make a loss. If they have unexpected costs like Essendon incurred a few years ago to pay out a sacked coaches contract theyll make a loss. If they do better than expected theyll make a small profit.Raiderdave wrote:Xman wrote:how many times does it need to be said? The AFLs clubs arent there to make profits! ...Raiderdave wrote:
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
I can assure you they aren't there to make losses either F wit
& a club that makes a measly 120K profit out of 45m
is closer to a loss
then one that makes 3.5 Million out of 61M
the lesson endith here
No you dont you moron.Raiderdave wrote:pookus wrote:You obviously know nothing about business dave.Ill give you a lesson in business 101.It is easier to cut expenditure than it is to raise revenue.Fact. What about the raiders.Turnover 61 million profit 3 million.That is a thin margin my friend.Pokies revenue being smashed around the country.A billion less from last year.When the grubby money runs out dave where to then for a club with less members than Yarrawonga.Raiderdave wrote:
f me thats embarrasing.... A bloke I know who owns Fish n chip shop down the road from where I live told me recently they'll pop about 150,000 dollars in the bank as after tax profit for the last 12 months
the Crows have 50K members
the Broncos 25K
the Crows turnover of 45 mill ?
the Broncos 35 mill
but
the Broncos made a 4 million plus profit in their football dept ... F knows how much it would be with their gaming arm added![]()
again showing beyond doubt
revenue means nothing
its how you balance it with costs
if you earn 45 million
& spend 44.878 Million .. yr on a knife edge .. you are committed to these costs , a few bad years & you turn into poort poopelaide very quickly
if you earn 35 million
& spend 31 Million
yr in a far .... far better possie
end of financial lesson
I know a lot more then you ... you can only cut costs so far before the entire business suffers .. you become committed to them over time to remain competitive
you can't have both
the entire culture in the VFL where spending to try n compete is concerned .... is out of control & these simpleton solutions of ... " oh we'll just cut expenditure " are the stuff of fairies & goblens .... just garbage in fact
as for the Raiders profit margins .... it was just over 5% , & for the Raiders to be able to make a profit at all with all the changes to gaming laws cutting revenue hugely .. is remarkable in itself ... well done to them ... wel done =D> =D>
& you want a thin margin
hows the Crows magin ?
45 Mill turnover .... & 120K in profits
thats
0.0025%
better then a loss .... but an insipid , quite ... unimpressive effort when put up against the result the Mighty Green Machine posted
Xman wrote:THE SYDNEY Swans have capped off their 2012 premiership success with an annual financial profit of $207,007.
For starters, BSRaiderdave wrote:Xman wrote:THE SYDNEY Swans have capped off their 2012 premiership success with an annual financial profit of $207,007.
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3.2 Million less then the Raiders ..............![]()
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Xman wrote:For starters, BSRaiderdave wrote:Xman wrote:THE SYDNEY Swans have capped off their 2012 premiership success with an annual financial profit of $207,007.
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3.2 Million less then the Raiders ..............![]()
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Secondly, saving money isn't the game Dave
storm losing 13 mil a year?Raiderdave wrote:Xman wrote:For starters, BSRaiderdave wrote:
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3.2 Million less then the Raiders ..............![]()
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Secondly, saving money isn't the game Dave
losing it aint either d head ... just ask poort snortelaide
& the Swines are 3.2 Million closer to a loss .. then the Raiders were
F me .... the Storm probably did better then a 200K profit ....![]()
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