What is our annual profit ?

Enrico_Misso · Fri 18 Dec 2009 12:18am

I know the AGM is not till January.
But the accounts would surely be finalised and audited by now.
Most of the other clubs have announced theirs.

Any whispers?

plugger66 · Post: # 866509Post **plugger66** » Fri 18 Dec 2009 7:04am

Enrico_Misso wrote:I know the AGM is not till January.
But the accounts would surely be finalised and audited by now.
Most of the other clubs have announced theirs.

Any whispers?

I think it was mentioned a while back that at best we would make a very small profit.

chook23 · Post: # 866513Post **chook23** » Fri 18 Dec 2009 8:09am

Pretty sure already mentioned....a small profit

By the way West Coast..........over 4 million

stadium deal plays such a big part

ace · Post: # 866546Post **ace** » Fri 18 Dec 2009 9:48am

A good accountant always asks "How much profit do you want there to be".

AND then arranges the accounts to show that amount.

saintlee · Post: # 866585Post **saintlee** » Fri 18 Dec 2009 10:50am

Profits should start looking a bit healthier from next year when the new stadium deal takes effect....will add another $1M per annum if I remember correctly...

Solar · Post: # 866587Post **Solar** » Fri 18 Dec 2009 10:51am

saintlee wrote:Profits should start looking a bit healthier from next year when the new stadium deal takes effect....will add another $1M per annum if I remember correctly...

thats the MCG deal isn't it?

ausfatcat · Post: # 866589Post **ausfatcat** » Fri 18 Dec 2009 10:56am

And ours solar, except the MCG deal is back dated for this season the etihad is not.

Well when the afl takes over we will be better off than the teams at MCG.

saintlee · Post: # 866592Post **saintlee** » Fri 18 Dec 2009 11:02am

ausfatcat wrote:Well when the afl takes over we will be better off than the teams at MCG.

Unfortunately that isn't until 2025....

Solar · Post: # 866596Post **Solar** » Fri 18 Dec 2009 11:10am

ausfatcat wrote:And ours solar, except the MCG deal is back dated for this season the etihad is not.

Well when the afl takes over we will be better off than the teams at MCG.

ok, I must has missed that because all I remember is the deal with the MCG

cheers

goodie · Post: # 866633Post **goodie** » Fri 18 Dec 2009 12:43pm

Income minus expenditure

Legendary · Post: # 866697Post **Legendary** » Fri 18 Dec 2009 8:08pm

I would be expecting a small profit?

We increased our football department spending, spent a lot of money on finals functions and advertising, and paying the players, staff and coaches incentives for making the Grand Final, along with paying 100% of the salary cap, spending money establishing construction at Seaford and no doubt we are still paying Grant Thomas out for something ...

An extra $1m per year next year from Etihad will make it a lot easier for us, although I still wouldn't mind some alternative revenue sources.

Hopefully we get a membership increase next year (and win the flag)

saint66au · Post: # 866706Post **saint66au** » Fri 18 Dec 2009 9:56pm

ace wrote:A good accountant always asks "How much profit do you want there to be".

AND then arranges the accounts to show that amount.

I think all those sorts of accountants are employed at Carlton

linz · Post: # 867094Post **linz** » Mon 21 Dec 2009 10:29pm

I can't understand why clubs like Hawthorn are now looking at 50000 + members and yet we are still around the 30K mark despite making the GF last year. Don't we have enough pet animals to sign up?

chook23 · Post: # 867103Post **chook23** » Mon 21 Dec 2009 11:09pm

linz wrote:I can't understand why clubs like Hawthorn are now looking at 50000 + members and yet we are still around the 30K mark despite making the GF last year. Don't we have enough pet animals to sign up?

Maybe all the premierships in 70's and 80's helped convince kids to follow

they now have kids etc etc

Tassie adds a few thou as well.....

Stillwaiting · Tue 22 Dec 2009 10:07am

chook23 wrote:
linz wrote:I can't understand why clubs like Hawthorn are now looking at 50000 + members and yet we are still around the 30K mark despite making the GF last year. Don't we have enough pet animals to sign up?
Maybe all the premierships in 70's and 80's helped convince kids to follow

they now have kids etc etc

Tassie adds a few thou as well.....

Spot on chook, hawthorns and essondons success in the 70`s and 80`s gives them a much larger base asthey pick up all th young fans who have not really got a club at thta time. Out lack of success in those times is hurting now as far as members numbers go.

Moccha · Post: # 867177Post **Moccha** » Tue 22 Dec 2009 10:17am

if we ask the AFL for million dollar handouts and rattle the tin a bit then the Saints are capable of 2m plus a year profits.

skeptic · Post: # 867220Post **skeptic** » Tue 22 Dec 2009 12:32pm

i could have sworn i read that somewhere that we were expected to make a small loss

VietNam_Saint · Tue 22 Dec 2009 4:21pm

Given the amount of Friday nite games , healthy attendances , membership numbers up (should be way better) lack of cost at current crap facilities (linton st ) you would think that we should have a reasonable operating profit ,, hopefully though , the club spent money at Seaford ,, but i shudder to think that in 3 years time there'll be an uproar because the club is hugely in debt because of the move and the lack of capitalization of winnings ,,

ausfatcat · Post: # 867327Post **ausfatcat** » Tue 22 Dec 2009 4:39pm

VietNam_Saint wrote:3 years time there'll be an uproar because the club is hugely in debt because of the move and the lack of capitalization of winnings ,,

How would it be different if we didn't move?

Nicky · Post: # 867364Post **Nicky** » Tue 22 Dec 2009 8:17pm

When we abandoned Tassie we shot ourselves in the foot. We also gave Hawthorn a huge advantage which they took with open arms.

The Fireman · Tue 22 Dec 2009 8:34pm

Over the years I have forked out mega bucks to the club..this year I would like to make a profit.

What is our annual profit ?

What is our annual profit ?

Re: What is our annual profit ?