This good news, though, will be discounted by the 2007 financial result, which will now be "break even at best", according to chief executive Archie Fraser.
While the Saints operated profitably this year, a decision has been made to take "some accounting hits" in the form of capital works write-downs and provisions for payments to former coach Grant Thomas and the recently retired Aaron Hamill.
It is understood that as much as $400,000 has been put into the 2007 accounts for the settlement of Hamill's contract, which was not due to expire until the end of 2008. A provision of $270,000 is also understood to have been set aside for the contested claim Thomas has against the club for what he maintains are unpaid entitlements.
FAIR DINKUM
1. We have to pay out Hamill's contract after Thomas put him on a FIVE YEAR CONTRACT
Thomas's decision has cost to the club $400,000 for SFA
2. Thomas suing the St.Kilda Football club for $270,000, which includes $167,000 for holiday and annual leave entitlements
Excuse me, BUT this parasite already signed a statutory declaration stating that he had been paid ALL holiday pay and annual leave entitlements and had no HP & AL monies owing
I mean FAIR FRICKEN DINKUM
Close to $700,000 off the club's bottomline, IF the club pays this leech
$400,000 for signing Hamill to a ridiculous 5 year contract
We already paid out Penny after Thomas signed him to a five year
All up this buffoon will cost the club ONE MILLION DOLLARS for running the football department like a chook raffle and for his legal action if the club give in to this bloodsucker
Great St.Kilda man, perleeeeze, spare me, nothing more than a snake in the grass and a machiavellian maestro
Thomas was paid over $2.5 million dollars for the priviledge of coaching the club, with no previous experience and was on $500,000 straight up from the get go, in what he admits was a flawed process
This parasite should be happy with the over inflated salary he was on to begin with
Great St.Kilda men are the ones who made the sacrifice by taking 22.5 cents in the dollar to keep the St.Kilda Football Club in existence, so that there was a football club for leeches like Thomas to sue, in the first place
At the time while many former players sacrificed so much with scheme of arrangement payments, Thomas Maximus took every cent owing to him and pissed off to North Melbourne when he thought there was more money to be made there
Grant Thomas loves the St.Kilda football Club alright, it's been his cash cow for more than five years, and he's still trying to filch money off the club
If the club payout this parasite then it's $700,000 off the club's bottomline for nothing more than a combination of Thomas's incompetence and sheer greed
Be happy with the more than 2.5 million you were already overpaid due to a flawed process and considering you've cost the club around $700,000 in contractual payout obligations as a result of your handiwork, just piss off and count your blessings, you bloodsucker
Grant Thomas bleeds red, white and black, only problem is it comes off the club's bottomline
Grant Thomas you're a FAIR DINKUM disgrace
Thomas says he loves the St.Kilda football club and would never do anything to hurt it
FAIR FRICKEN DINKUM
P.S Please stay on topic
Grant Thomas the parasite
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Devilhead
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saintspremiers
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mad saint guy
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saintdooley
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i dont see why everyone hates barks!
all his posts from my point of view could not be more correct!
he is a really nice guy, and i a big fan of Rix and grant, so if you dont like it, bugger off!
let him have his say!
all his posts from my point of view could not be more correct!
he is a really nice guy, and i a big fan of Rix and grant, so if you dont like it, bugger off!
let him have his say!
"Another storied win in Robert Harvey's career. They say he is the embodiment of their motto of strength through loyalty, and on the day he became just the tenth man to play 350 league games the saints reward him with a seemingly impossible victory."
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Devilhead
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Saints Premiers 2008
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its his repetition....saintdooley wrote:i dont see why everyone hates barks!
all his posts from my point of view could not be more correct!
he is a really nice guy, and i a big fan of Rix and grant, so if you dont like it, bugger off!
let him have his say!
and you are on here enough and posting here to know that by now
"It's a work in progress," Lyon said.
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St Fidelius
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Devilhead
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!!