Toast Collingwood worth $150 million

[Yonchi]

Pies are worth $150 million or thereabouts according to BRW. If you ever needed convincing that we are a powerhouse in the league, state and country I think this should do it. Shows what a remarkable effort the off-field guys have put in for so long.

http://www.brw.com.au/p/brw-lounge/collingwood_profit_soars_could_it_w3tAp7ABUdy2aMOiY8clvO​

 

[yazdo]

That's amazing! We Are truly a powerhouse club as far as Australian sport is concerned. GO PIES!

 

[Smokeyr67]

I have to admit to being an ardent capitalist, but at what point does the club have too much?

Maybe it's time to start freezing membership prices for a few years.

 

[jmac70]

I reckon we can get $200 million at auction.

 

[Billy#25]

I have to admit to being an ardent capitalist, but at what point does the club have too much?

Maybe it's time to start freezing membership prices for a few years.

We still have a pretty big debt on the facilities just built. Should be about 2-3 years away from covering that and then you would be right to ask for a freeze. What will be interesting is if we get to the point where we can't fit all members in to games due to too many members. Not sure how far off that might be, but most clubs worldwide in that position push membership / ticket pricing way up. Or maybe we just rebuild the MCG to hold 140,000!!!

 

[MagpieJoel]

We have debt? Haven't looked at the financials recently, but the chairman of our finance committee (Mark Korda) says we are debt free. http://www.bigfooty.com/forum/threads/collingwood-announce-operating-profit.1042341/

Sent from my GT-I9305T using Tapatalk

 

[Smokeyr67]

We still have a pretty big debt on the facilities just built. Should be about 2-3 years away from covering that and then you would be right to ask for a freeze. What will be interesting is if we get to the point where we can't fit all members in to games due to too many members. Not sure how far off that might be, but most clubs worldwide in that position push membership / ticket pricing way up. Or maybe we just rebuild the MCG to hold 140,000!!!

Ok, I thought $150 mullion was our net worth.

I was just questioning because I intend to win lotto twice this week, and I thought I might donate a small percentage of my $80,000,000 to the club, now I may have to demand a life membership too!

 

[Smoky]

Go PIE$

 

[Billy#25]

Maybe. Thought I read somewhere we had the next two years of development of the Westpac Centre to cover. Maybe the work hasn't taken place yet ( sorry - based in Sydney so don't get to go past too often) and its simply the commitment to fund future work rather than debt or maybe I've completely misread it!!

 

[Vicky Park]

Maybe. Thought I read somewhere we had the next two years of development of the Westpac Centre to cover. Maybe the work hasn't taken place yet ( sorry - based in Sydney so don't get to go past too often) and its simply the commitment to fund future work rather than debt or maybe I've completely misread it!!

Work on the new Community Centre has not started yet, will be built at Olympic Park over next 1-2 years, south side of oval.

 

[Chief Ten Beers]

Worth $150 Million off field.

Multiple flags in the last 10 years though....would be priceless.

 

[anshell]

What happened to the new social club facilities that Eddie mentioned briefly at the Copeland trophy?We haven't heard anything about them since that night.Are they going to be included in the new community facilities that are going to be built in the next two years?

 

[Pie eyed]

Pies are worth $150 million or thereabouts according to BRW. If you ever needed convincing that we are a powerhouse in the league, state and country I think this should do it. Shows what a remarkable effort the off-field guys have put in for so long. ​

​

http://www.brw.com.au/p/brw-lounge/collingwood_profit_soars_could_it_w3tAp7ABUdy2aMOiY8clvO​

BRW?
Either we have lost $200million in value the last year or two or all these lists are simply bone stroking.

http://www.smh.com.au/afl/collingwo...-footy-club-to-344m-giant-20110903-1jrc2.html

 

[76woodenspooners]

We have debt? Haven't looked at the financials recently, but the chairman of our finance committee (Mark Korda) says we are debt free. http://www.bigfooty.com/forum/threads/collingwood-announce-operating-profit.1042341/

Sent from my GT-I9305T using Tapatalk

Maybe. Thought I read somewhere we had the next two years of development of the Westpac Centre to cover. Maybe the work hasn't taken place yet ( sorry - based in Sydney so don't get to go past too often) and its simply the commitment to fund future work rather than debt or maybe I've completely misread it!!

Link to current financials and thread discussing them can be found here ... Collingwood announce operating profit

 

[Cousin of Daicos]

I'd rather be like North of the 90's and have no money but win flags.

Just me maybe.

 

[1061]

I don't trust the financials there are just too many extras added in like the Government Grants for the building works for a building owned by the Government.

We don't own Olympic Park and we can't put any real black and white stamp on the building but we can sign it up with Sponsor signs how does that work?

 

[Hinequarters]

Collingwood now the 14th most valuable sporting club in the world moving ahead of German soccer club Hamburg.

Valued at $344 million USD.


http://www.smh.com.au/afl/collingwood-magpies/from-a-humble-little-footy-club-to-344m-giant-20110903-1jrc2.html

 

[vjknight]

$150,600,000 if you include the interest earned

 

[1061]

$150,600,000 if you include the interest earned

you might want to check out the date of quoted article.

 

[tazzawazza]

Collingwood now the 14th most valuable sporting club in the world moving ahead of German soccer club Hamburg.

Valued at $344 million USD.


http://www.smh.com.au/afl/collingwood-magpies/from-a-humble-little-footy-club-to-344m-giant-20110903-1jrc2.html

I think you are wrong about 14th. The texas rangers are ranked 50 and are worth 674 million. I reckon we would be around 90-100th in the world.

 

[Hinequarters]

I think you are wrong about 14th.

I didn't write the article

 

[blaze036]

I'd rather be like North of the 90's and have no money but win flags.

Just me maybe.

I'd rather we just hoard all our millions in some big warehouse we rent and eddie and bucks roll around in fifties and hundreds laughing

Is this just me?

 

[Smokeyr67]

I'd rather we just hoard all our millions in some big warehouse we rent and eddie and bucks roll around in fifties and hundreds laughing

Is this just me?

Better yet, fill the warehouse with 1 and 2 dollar coins, draw a members name and let them go all Scrooge McDuck in there!