All the experts on here will get a chance to have their say." We will also host Member forums across every state and key regional areas throughout February and March so we can hear from you directly and you can have your input."
![Shocked :shock:](./images/smilies/icon_eek.gif)
Moderators: Saintsational Administrators, Saintsational Moderators
All the experts on here will get a chance to have their say." We will also host Member forums across every state and key regional areas throughout February and March so we can hear from you directly and you can have your input."
We don't play at Seaford, we don't play at Moorabbin either. But we have 2 homes.Sainternist wrote:Yes, I believe this to be a HUGE problem. I remember the other week some posters on here dismissing it as being trivial. Two years on and the supporters have not warmed to Seaford. Can't see people calling it "home" any time soon either. Perhaps they will we starting to call it that after getting some onfield success? Who knows...Enrico_Misso wrote:We don't have a true home our supporters can identify with.
About bloody time they had focus groups.HitTheBoundary wrote:All the experts on here will get a chance to have their say." We will also host Member forums across every state and key regional areas throughout February and March so we can hear from you directly and you can have your input."
HitTheBoundary wrote:Let the meltdown begin...
"St Kilda Football club has reported an operating loss (EBITDA) of $1,198,587. After accounting for depreciation, amortisation and interest the club made a statutory loss of $2,614,837 for the year ending October 31, 2013."
http://www.saints.com.au/news/2013-12-2 ... ial-result
Toy Saint wrote:HitTheBoundary wrote:Let the meltdown begin...
"St Kilda Football club has reported an operating loss (EBITDA) of $1,198,587. After accounting for depreciation, amortisation and interest the club made a statutory loss of $2,614,837 for the year ending October 31, 2013."
http://www.saints.com.au/news/2013-12-2 ... ial-result
So, we've lost $1.4m on depreciation, amortisation and interest. That's a lot of interest, anybody know how much debt we are servicing? It's also a lot of depreciation, can anybody tell me which assets have been depreciated?
BigMart wrote:Well ill be
The management of the club being questioned!
joffaboy wrote:BigMart wrote:Well ill be
The management of the club being questioned!
Where in the forum rules does it state it can't be?
Or are you just breaking forum rules by baiting?
I argued in 2007 Mr Right and his bunch were going to inflict heavy financial pain on the club.
And so it has come to pass.
All the great work done by Butters and Waldron etc undone because the heaving financially ignorant mass of emotive supporters just HAD to get rid of Butters and his regime![]()
The club is a financial basket case, however I will reserve judgement until I read and analyse the annual return. A profit or loss is SFA in real terms. However, I have a sneaking feeling that the Cash Flow will be a major concern.
The Bal Sheet is basing its Assets on current book value. Wouldn't suprise if these are hugely overstated as well and need a revalue.
Have a very bad feeling that if this club was a true business it would be in administration.
Depreciation was about $1.25M and debt has increased to $4.55M(+$160K) and bank balance gone from $400K credit funds to $20K OD.Toy Saint wrote:HitTheBoundary wrote:Let the meltdown begin...
"St Kilda Football club has reported an operating loss (EBITDA) of $1,198,587. After accounting for depreciation, amortisation and interest the club made a statutory loss of $2,614,837 for the year ending October 31, 2013."
http://www.saints.com.au/news/2013-12-2 ... ial-result
So, we've lost $1.4m on depreciation, amortisation and interest. That's a lot of interest, anybody know how much debt we are servicing? It's also a lot of depreciation, can anybody tell me which assets have been depreciated?
I would be happy to donate $50 for each of the three Sainters that live here if we can have some sort of garauntee that we have a plan that is going to see us financially viable. I don't want to throw money at incompetence.Enrico_Misso wrote:Did we keep the SOS cans somewhere in the basement?
Spinner wrote:
Yeah where does the detailed financials come out? Or is that it?
I want to look at these too...
Well for one i guess if the club was loaded it wouldnt be asking for handouts all the time. Plus we wouldnt have to sell any games to places like N.Z . Millions of extra dollars in spare cash prob only contribute 1-2% extra on field success in the end , but ultimately it could be the difference - who knows.Johnny Member wrote:Why does anyone care about this?
Seriously, what does it matter to a fan?
Hi Johnny, yes it does matter to us fans. However, you are correct in that too many of us are over-reacting. When you get a moment, would you be so kind as to put up the link to where you posted a comprehensive explanation as to why we don't need to panic? Ta. (I'm sure you could find it quicker than I.)Johnny Member wrote:Why does anyone care about this?
Seriously, what does it matter to a fan?