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dillo_09 
Joined: 15 Apr 2001
Location: Whittington
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| Post subject: .....aaaannnnd BTW we just announced a profit of...... |  |
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$3.4 million before depreciation and amortisation etc
$800k bottom line
not bad |
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perthmagpie 
Joined: 27 Mar 2004
Location: Yarrawonga
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Revenue has been static in recent years. Hard to grow now without on field success pushing up membership and merchandise sales. Doesn't help when the AFL keep 1.4 mil of your usual revenue. At least we are still in good shape with the team not making finals.
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Magpies love pies(Lol) |
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Jezza 
2023 PREMIERS!
Joined: 06 Sep 2010
Location: Ponsford End
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It's our 15th consecutive profit and no debt as of October 31 2015! We have to be happy with that.
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| 1902 | 1903 | 1910 | 1917 | 1919 | 1927 | 1928 | 1929 | 1930 | 1935 | 1936 | 1953 | 1958 | 1990 | 2010 | 2023 | |
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STOKA35 
Joined: 06 Feb 2003
Location: Mount Barker. South Australia
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| Queue hiss |
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Lazza
Joined: 04 Feb 2003
Location: Bendigo, Victoria, Australia
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Now for sustained on field success..................................................
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Don't confuse your current path with your final destination. Just because it's dark and stormy now doesn't meant that you aren't headed for glorious sunshine! |
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Stupied
Joined: 14 Mar 2013
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Apparently Melbourne made a profit of around $300k this year... After receiving $800k in 'equalisation' cash from us and the Hawks (and a couple of other teams).
Why the **** are we giving cash to teams who then announce profits? Surely those taxes should be distributed to clubs to help them break even, not make profits from other clubs hard work? Makes me so $£$%^%%$ angry knowing that that shit stain of a club is crowing about profits they only obtained because clubs like Collingwood doled out welfare to them  |
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HAL
Please don't shout at me - I can't help it.
Joined: 17 Mar 2003
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| You are not very polite. |
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jackcass
Joined: 01 Mar 2005
Location: Bendigo
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| Stupied wrote: | Apparently Melbourne made a profit of around $300k this year... After receiving $800k in 'equalisation' cash from us and the Hawks (and a couple of other teams).
Why the **** are we giving cash to teams who then announce profits? Surely those taxes should be distributed to clubs to help them break even, not make profits from other clubs hard work? Makes me so $£$%^%%$ angry knowing that that shit stain of a club is crowing about profits they only obtained because clubs like Collingwood doled out welfare to them |
Agree 100% |
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Lazza
Joined: 04 Feb 2003
Location: Bendigo, Victoria, Australia
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| jackcass wrote: | | Stupied wrote: | Apparently Melbourne made a profit of around $300k this year... After receiving $800k in 'equalisation' cash from us and the Hawks (and a couple of other teams).
Why the **** are we giving cash to teams who then announce profits? Surely those taxes should be distributed to clubs to help them break even, not make profits from other clubs hard work? Makes me so $£$%^%%$ angry knowing that that shit stain of a club is crowing about profits they only obtained because clubs like Collingwood doled out welfare to them |
Agree 100% |
^^^^ THIS ^^^^
Totally and utterly agree.
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Don't confuse your current path with your final destination. Just because it's dark and stormy now doesn't meant that you aren't headed for glorious sunshine! |
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Member 7167 
"What Good Fortune For Governments That The People Do Not Think" - Adolf Hitler.
Joined: 18 Dec 2008
Location: The Collibran Hideout
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| Stupied wrote: | Apparently Melbourne made a profit of around $300k this year... After receiving $800k in 'equalisation' cash from us and the Hawks (and a couple of other teams).
Why the **** are we giving cash to teams who then announce profits? Surely those taxes should be distributed to clubs to help them break even, not make profits from other clubs hard work? Makes me so $£$%^%%$ angry knowing that that shit stain of a club is crowing about profits they only obtained because clubs like Collingwood doled out welfare to them |
They may have turned a modest profit after charity this year but what is their overall debt. With AFL clubs in debt to around $90 million this has to be addressed.
The problem is the AFL would rather use our money than the AFL's money.
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Now Retired - Every Day Is A Saturday |
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