2023 Annual report

[peetoo]

i suspect those funds are part of the cash reserves that are protected to fund Dingley

either way, we have been saying for years they need new revenue streams.....i'm not aware that we have any.

Social club at Dingley? central venue to watch Away games

Lucky interest rates are in an up cycle then

 

[Davo-27]

Is Waverley on the balance sheet? Its an asset after all but its probably wrapped up with other things.

Is the plan to sell it?
What happens to it?

We rented it for a dollar or something ridiculous, which gave us a huge boost seeing as we have top knotch facilities for basically nothing, but I believe the real estate/building company owns the land?

 

[cryptor]

We rented it for a dollar or something ridiculous, which gave us a huge boost seeing as we have top knotch facilities for basically nothing, but I believe the real estate/building company owns the land?

"Hawthorn paid $1 and, in return, received the freehold on the entire oval and a portion of what is now the administrative buildings. Thus, the club gained millions of dollars of real estate – a freehold that gave the club serious assets on the balance sheet, a buffer for bad times and no rental costs – for nothing. The Hawks also bought the gymnasium at Waverley and receive a tidy return of about 8 per cent a year."

Hawthorn and St Kilda: different sides of the equalisation debate

A few key decisions explain Hawthorn's emergence as one of the AFL's most powerful clubs while St Kilda, despite getting a lot right, is rubbing shoulders with the stragglers.

www.theage.com.au

 

[Brant]

"Hawthorn paid $1 and, in return, received the freehold on the entire oval and a portion of what is now the administrative buildings. Thus, the club gained millions of dollars of real estate – a freehold that gave the club serious assets on the balance sheet, a buffer for bad times and no rental costs – for nothing. The Hawks also bought the gymnasium at Waverley and receive a tidy return of about 8 per cent a year."

Hawthorn and St Kilda: different sides of the equalisation debate

A few key decisions explain Hawthorn's emergence as one of the AFL's most powerful clubs while St Kilda, despite getting a lot right, is rubbing shoulders with the stragglers.

www.theage.com.au

So to summarise, we're rich AF?

 

[Topiary]

So to summarise, we're rich AF?

No, we just have the right financial assets!

 

[The Jet From Poowong]

No, we just have the right financial assets!

You mean the club makes the right decisions to grow and prosper.

now there is an idea some other clubs could follow