kangaroos seek butterss advice on money woes
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kangaroos seek butterss advice on money woes
http://www.realfooty.com.au/news/news/r ... 71839.html
ONE of the central planks of James Brayshaw's survival plan for the Kangaroos will be the adoption of the unique business strategy that enabled the former St Kilda administration of Rod Butterss to post million-dollar profits for many of its years in power.
With a keen interest in how the Saints transformed their financial position in the early part of the decade from debt-ridden pauper to consistent seven-figure profit-maker, the new Kangaroos chairman met with Butterss and former St Kilda director Glen Casey six weeks ago.
Brayshaw was not in power at the time — he was elected chairman four weeks later — and Butterss and Casey, along with St Kilda directors Ray King and Andrew Bassat, had resigned in the face of a board challenge only weeks earlier. The three discussed what Brayshaw says will now be the fundamental financial principles guiding his attempt to secure a future for the Roos in Melbourne.
"I spoke with Rod Butterss and Glen Casey about how they were able to make such a success, a financial success, of St Kilda while working with a revenue base very similar to ours," Brayshaw said.
"I went along and basically asked them how they did it, because our revenue is almost identical but we make losses while they make profits.
"Our business is slightly different in that our revenue streams aren't exactly the same but the fact is they make money and we don't and yet we're both working with roughly the same amount of money.
"It (the meeting) was a real eye-opener for me and I left convinced that their direction was the one we have to follow."
On turnover of about $21 million, the Kangaroos posted a meagre profit of $100,000 this year despite paying only 92.5% of the salary cap and with as much as $2.6 million of AFL assistance masking the true operating position of the club.
The Roos received $1.4 million of relief funding and $400,000 per match for the three games it transferred to the Gold Coast as part of the league's now-dashed hope of relocating the club to the famous tourist strip by 2010.
The Saints, on similar turnover, have produced five successive profits in excess of $1 million, although the club's new administration of president Greg Westaway has indicated that it will post something closer to a break even result on the year by taking the opportunity to write off the costs of capital works at Moorabbin, now that the club is going to relocate its headquarters to Frankston in three years' time.
In the seven years Butterss was at the helm, the historically impoverished club recorded only one loss, and that was in 2002, when similar write-offs were made.
Brayshaw said that the former St Kilda pair, who are now in business together rescuing or restoring financial health to troubled companies through their firm, Transition Group, convinced him that there are enormous savings to be made as long as costs are properly understood.
"Fundamentally, you analyse everything you do and if it doesn't make you money, don't do it. It's as simple as that," Brayshaw said.
"Given our situation, I think we'd be stupid not to adopt their model. I've said all along that we've got to be a lot more efficient with the revenue base were working off."
ONE of the central planks of James Brayshaw's survival plan for the Kangaroos will be the adoption of the unique business strategy that enabled the former St Kilda administration of Rod Butterss to post million-dollar profits for many of its years in power.
With a keen interest in how the Saints transformed their financial position in the early part of the decade from debt-ridden pauper to consistent seven-figure profit-maker, the new Kangaroos chairman met with Butterss and former St Kilda director Glen Casey six weeks ago.
Brayshaw was not in power at the time — he was elected chairman four weeks later — and Butterss and Casey, along with St Kilda directors Ray King and Andrew Bassat, had resigned in the face of a board challenge only weeks earlier. The three discussed what Brayshaw says will now be the fundamental financial principles guiding his attempt to secure a future for the Roos in Melbourne.
"I spoke with Rod Butterss and Glen Casey about how they were able to make such a success, a financial success, of St Kilda while working with a revenue base very similar to ours," Brayshaw said.
"I went along and basically asked them how they did it, because our revenue is almost identical but we make losses while they make profits.
"Our business is slightly different in that our revenue streams aren't exactly the same but the fact is they make money and we don't and yet we're both working with roughly the same amount of money.
"It (the meeting) was a real eye-opener for me and I left convinced that their direction was the one we have to follow."
On turnover of about $21 million, the Kangaroos posted a meagre profit of $100,000 this year despite paying only 92.5% of the salary cap and with as much as $2.6 million of AFL assistance masking the true operating position of the club.
The Roos received $1.4 million of relief funding and $400,000 per match for the three games it transferred to the Gold Coast as part of the league's now-dashed hope of relocating the club to the famous tourist strip by 2010.
The Saints, on similar turnover, have produced five successive profits in excess of $1 million, although the club's new administration of president Greg Westaway has indicated that it will post something closer to a break even result on the year by taking the opportunity to write off the costs of capital works at Moorabbin, now that the club is going to relocate its headquarters to Frankston in three years' time.
In the seven years Butterss was at the helm, the historically impoverished club recorded only one loss, and that was in 2002, when similar write-offs were made.
Brayshaw said that the former St Kilda pair, who are now in business together rescuing or restoring financial health to troubled companies through their firm, Transition Group, convinced him that there are enormous savings to be made as long as costs are properly understood.
"Fundamentally, you analyse everything you do and if it doesn't make you money, don't do it. It's as simple as that," Brayshaw said.
"Given our situation, I think we'd be stupid not to adopt their model. I've said all along that we've got to be a lot more efficient with the revenue base were working off."
- Armoooo
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It's simple the kangaroos wouldn't be in such terrible debt if they would stop wasting their money on employees, facilities and equipment....
ROBERT HARVEY A.K.A The Great Man, Banger, Harves, Ol' Man River...
384 games, 4 B&F's, 3 EJ Whitten Medals, St.Kilda Captain, 2 Time Brownlow Medalist, 8 Time All Australian, 2nd Highest Brownlow votes poller.... The greatest of ALL TIME!!
384 games, 4 B&F's, 3 EJ Whitten Medals, St.Kilda Captain, 2 Time Brownlow Medalist, 8 Time All Australian, 2nd Highest Brownlow votes poller.... The greatest of ALL TIME!!
Armoooo wrote:
It's simple the kangaroos wouldn't be in such terrible debt if they would stop wasting their money on employees, facilities and equipment....
Yes........thats the answer, North Members meembers can now expect, less spent on them as members, no functions, no auction night, no magazines, no memeber scarf and no staff to talk to at the club.....
Has Brayshaw lost his mind....he needs to look at how these guys have actually performed.... Nylex shares, went from 46c to 4c, Medivac shares went from 6c to 1.2c, and just how is Concept Sports travelling since the financial genius team of Margarine & Spacey got involved.........North you are gone......they never grew our business or revenue at the club....and they havnt grown anything in thier own business.....that is a fact, check the share prices Brayshaw they don't lie....I had Nylex shares......46c to 4c all thanks to the financial genius of Spacey and Ray Ping as Chairman.......these two will cut that club to death....makes Dimwits forcast of 6 months on the money........
Our best is yet
to come......
to come......
- rodgerfox
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To be fair, the financial plans put in place by Seymour were absolutely neccessary at the time for us.RBnW wrote:Armoooo wrote:
It's simple the kangaroos wouldn't be in such terrible debt if they would stop wasting their money on employees, facilities and equipment....
Yes........thats the answer, North Members meembers can now expect, less spent on them as members, no functions, no auction night, no magazines, no memeber scarf and no staff to talk to at the club.....
Has Brayshaw lost his mind....he needs to look at how these guys have actually performed.... Nylex shares, went from 46c to 4c, Medivac shares went from 6c to 1.2c, and just how is Concept Sports travelling since the financial genius team of Margarine & Spacey got involved.........North you are gone......they never grew our business or revenue at the club....and they havnt grown anything in thier own business.....that is a fact, check the share prices Brayshaw they don't lie....I had Nylex shares......46c to 4c all thanks to the financial genius of Spacey and Ray Ping as Chairman.......these two will cut that club to death....makes Dimwits forcast of 6 months on the money........
You can't win flags if you don't exist.
We needed to exist first, then worry about flags. So do North.
you never had Nylex shares did you.....rodgerfox wrote:To be fair, the financial plans put in place by Seymour were absolutely neccessary at the time for us.RBnW wrote:Armoooo wrote:
It's simple the kangaroos wouldn't be in such terrible debt if they would stop wasting their money on employees, facilities and equipment....
Yes........thats the answer, North Members meembers can now expect, less spent on them as members, no functions, no auction night, no magazines, no memeber scarf and no staff to talk to at the club.....
Has Brayshaw lost his mind....he needs to look at how these guys have actually performed.... Nylex shares, went from 46c to 4c, Medivac shares went from 6c to 1.2c, and just how is Concept Sports travelling since the financial genius team of Margarine & Spacey got involved.........North you are gone......they never grew our business or revenue at the club....and they havnt grown anything in thier own business.....that is a fact, check the share prices Brayshaw they don't lie....I had Nylex shares......46c to 4c all thanks to the financial genius of Spacey and Ray Ping as Chairman.......these two will cut that club to death....makes Dimwits forcast of 6 months on the money........
You can't win flags if you don't exist.
We needed to exist first, then worry about flags. So do North.
Our best is yet
to come......
to come......
They have only got 200,000 supporters and have only ever had 24,000 members, if you cut the benefits that members get, which is what happened to us, then you have to have some success on the field to grow, which is what we had at least we had hope....they have won flags and finished the year well above where they should have, winning a lot of close games in 2007....if or when they drop off on field the cuts that the Marg and Spacey model have put in place will kill them off......fact...they will squeeze them dry and will likley get paid for it too....charging North to be strangled to death........gone, gone gone.....rodgerfox wrote:No.RBnW wrote:you never had Nylex shares did you.....rodgerfox wrote:
You can't win flags if you don't exist.
We needed to exist first, then worry about flags. So do North.
I'm talking purely about a footy club implementing drastic cost cutting to get out of the shiit.
Our best is yet
to come......
to come......
- ausfatcat
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rodgerfox wrote:To be fair, the financial plans put in place by Seymour were absolutely neccessary at the time for us.
You can't win flags if you don't exist.
We needed to exist first, then worry about flags. So do North.
Spot on rodger, Also at the time we were not going to have success on field anyway for a couple of years, so we could cut costs without really effecting anything.
The difference with the kanga's is they don't have the same potential to grow as the saints did and they need and are capable of onfield success now!!! So this will hurt them in the long run IMO.
the key with the rod business plan is
1) you need to very successful period on field
2) garner a big increase in memberships (this was through david friend originally)
3) have a 28 k membership which will still sign up without the membership benefits & staff on the ground...
kangaroos are different...
agree with others, kanga's are GONE!
1) you need to very successful period on field
2) garner a big increase in memberships (this was through david friend originally)
3) have a 28 k membership which will still sign up without the membership benefits & staff on the ground...
kangaroos are different...
agree with others, kanga's are GONE!
FQF
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loyal in the good times and bad
In richo I trust
2013 trade/draft best ever?
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Dunstan - future captain Eli - future cult hero
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This is really funny.
I can only imagine the scorn we'd have seen on these boards if 12 months ago we'd read headlines about a certain ex-coach stepping in to help out another club.
Christ, there'd have been more 'white-anting' quotes than I could poke a stick at.
Nice to see Rod's still dining out on the "million dollar profits" line too.
While I support helping the Kangaroos, I can't say I'm comfortable with our recently departed president & director gaining a personal financial benefit by selling his knowledge of our operations.
Rod showing his true 'colours' yet again.
I can only imagine the scorn we'd have seen on these boards if 12 months ago we'd read headlines about a certain ex-coach stepping in to help out another club.
Christ, there'd have been more 'white-anting' quotes than I could poke a stick at.
Nice to see Rod's still dining out on the "million dollar profits" line too.
While I support helping the Kangaroos, I can't say I'm comfortable with our recently departed president & director gaining a personal financial benefit by selling his knowledge of our operations.
Rod showing his true 'colours' yet again.
could this be the one thing we needed, everone to just have a big laugh at the whole thing and then move on
FQF
loyal in the good times and bad
In richo I trust
2013 trade/draft best ever?
Billings - future brownlow medallist Longer - future best ruck
Dunstan - future captain Eli - future cult hero
Acres - future norm smith
loyal in the good times and bad
In richo I trust
2013 trade/draft best ever?
Billings - future brownlow medallist Longer - future best ruck
Dunstan - future captain Eli - future cult hero
Acres - future norm smith
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- Saintsational Legend
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lol!SENsaintsational wrote:Got no problem with Rodney helping out the Roos.
I'll be worried when he starts lending Deano some money to buy a kennel in Brighton....
I'm sure they'll sort it out over a couple of Crownies.
Deano will resign in a month once he finds out he has no footy dept left,
nice one Roddy!!
- Oh When the Saints
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Kangaroos and St Kilda had a similar revenue base in 2004, and they made a loss and we made a profit.
But we had 1 fitness management guy and 1 physio, 3 assistants and a senior coach and no football manager.
Now we have 2 fitness management guys, a sports scientist, 3 physios, 4 assistants, 2 development coaches, a senior coach and a football manager.
Always easy to make a profit by cutting costs and not spending anything.
But we had 1 fitness management guy and 1 physio, 3 assistants and a senior coach and no football manager.
Now we have 2 fitness management guys, a sports scientist, 3 physios, 4 assistants, 2 development coaches, a senior coach and a football manager.
Always easy to make a profit by cutting costs and not spending anything.
They should only play AFL games now when it's raining. Slow games of footy are so much better to watch.
- st_Trav_ofWA
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no problem with RB helping out the roos as i think most of us would agree it would be a sad day to see another club go into the oblivion so i have no issue as to RB loyalty to St kilda
but i dont think the RB way will work with the kangaroos for a start they dont have the ammount of diehard suporters we have who will stick with the club and buy a membership for little to no return , i also dont see their team being able to cope with an injury plauge that follows the cost cutting in training services and player management . it worked somewhat for us because we had the support from our suporters and the team we built had the tallent to be competitive even at 1/2 strength so we survived and in the end thrived . for north im not sure how they can dig themself out of this winning the preseason comp would help a bit and then winning the flag would buy them a bit of time but i feel the wound is too deep and short of my boss coming in to the rescue and buying them out i feel they are going to go with a whimper more then a roar
but i dont think the RB way will work with the kangaroos for a start they dont have the ammount of diehard suporters we have who will stick with the club and buy a membership for little to no return , i also dont see their team being able to cope with an injury plauge that follows the cost cutting in training services and player management . it worked somewhat for us because we had the support from our suporters and the team we built had the tallent to be competitive even at 1/2 strength so we survived and in the end thrived . for north im not sure how they can dig themself out of this winning the preseason comp would help a bit and then winning the flag would buy them a bit of time but i feel the wound is too deep and short of my boss coming in to the rescue and buying them out i feel they are going to go with a whimper more then a roar
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Well now they can spend even less on their football department, cut other corners and let their home ground deteriorate even further, just for the sake of turning a profit!
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- saintsRrising
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You mean like Allan Jeans going to Hawthorn?????JeffDunne wrote:This is really funny.
I can only imagine the scorn we'd have seen on these boards if 12 months ago we'd read headlines about a certain ex-coach stepping in to help out another club.
.
or ex assistant coach Ross joining the Saints.
What is the big deal????
On RB...is he on record as stating that he would never help another club??? If not...what is the issue????
It would seem to me that Brayshaw acted ina sensible way....which is more than can be said for his topedoing of the GC offer.
Flying the World in comfort thanks to FF Points....
- saintsRrising
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Which to be fair...was already all in process of being done under the former regime....Oh When the Saints wrote:Kangaroos and St Kilda had a similar revenue base in 2004, and they made a loss and we made a profit.
But we had 1 fitness management guy and 1 physio, 3 assistants and a senior coach and no football manager.
Now we have 2 fitness management guys, a sports scientist, 3 physios, 4 assistants, 2 development coaches, a senior coach and a football manager.
.
Ruck Coach might be due to extra FF funds though...
Flying the World in comfort thanks to FF Points....
- st_Trav_ofWA
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shhhh you cant reason with the unreasonable dont youknow RB was the 3rd gunman on the grassy knoll , is the son of hitler and a antichrist axe murder while a curtain preivious coach is jesus reincarnated !saintsRrising wrote:You mean like Allan Jeans going to Hawthorn?????JeffDunne wrote:This is really funny.
I can only imagine the scorn we'd have seen on these boards if 12 months ago we'd read headlines about a certain ex-coach stepping in to help out another club.
.
or ex assistant coach Ross joining the Saints.
What is the big deal????
On RB...is he on record as stating that he would never help another club??? If not...what is the issue????
It would seem to me that Brayshaw acted ina sensible way....which is more than can be said for his topedoing of the GC offer.
*note for B4E its the same ideals but the other way round *
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- Joffa Burns
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We didn’t make consecutive million dollar profits under Butterss administrationJeffDunne wrote: Nice to see Rod's still dining out on the "million dollar profits" line too.
Yeah you’re correct what a traitor, I mean it is not as if Butterss and Casey did hundreds of hours work for the STKFC ‘pro bono’ for the past 6 years is it?JeffDunne wrote: While I support helping the Kangaroos, I can't say I'm comfortable with our recently departed president & director gaining a personal financial benefit by selling his knowledge of our operations.
Rod showing his true 'colours' yet again.
BTW, what proof do you have that Butterss & Casey were paid for their advice? Another one of your fabrications JeffDunne?
Proudly assuming the title of forum Oracle and serving as the inaugural Saintsational ‘weak as piss brigade’ President.
Are you a bity slow sRs? The analogy is with GT. Who on the basis of.... what exactly?..... was accused of using his inside knowledge of St Kilda to make a buck for himself and to whiteant the club. By RB. Who is now doing at least one of the above.saintsRrising wrote:You mean like Allan Jeans going to Hawthorn?????JeffDunne wrote:This is really funny.
I can only imagine the scorn we'd have seen on these boards if 12 months ago we'd read headlines about a certain ex-coach stepping in to help out another club.
.
or ex assistant coach Ross joining the Saints.
What is the big deal????
On RB...is he on record as stating that he would never help another club??? If not...what is the issue????
It would seem to me that Brayshaw acted ina sensible way....which is more than can be said for his topedoing of the GC offer.
Check under I for Irony in the dictionary.
Hird... The unflushable one is now... just a turd...
Joffa Burns wrote:BTW, what proof do you have that Butterss & Casey were paid for their advice?
Clear enough isn't it?the former St Kilda pair, who are now in business together rescuing or restoring financial health to troubled companies through their firm, Transition Group
Hird... The unflushable one is now... just a turd...