No Oppo Supporters Hawks and Pokies

[Lickmesocks]

Anyone know how much cash we were profiting each year from these two venues that we need to replace?

 

[Gralin]

Chemist Warehouse?

I mean chemist warehouse is pretty bad

 

[The Jet From Poowong]

So the sale of these venues will mean we no longer have to pay a rich tax every year to propping up other clubs. I am okay with that

Thankfully, we’ll be able to put our hand out and ask for the AFL to fund us like all but a few clubs.

And we will be able to join the chorus of the majority of clubs that we no longer have pokies. Yay for us

 

[Turtles all the way down]

You know what? You're right. I think from here on in, we shouldn't accept money from revenue streams that can harm families.

Carlton Brewery, pubs and hotels, you're out - alcoholism is a pandemic. Insurance companies? Definitely exploitative. Chemist Warehouse? Prescription drugs are some of the worst things out there. Banks? Screw those places, making debt slaves out of families and bankrupting small businesses. Coca Cola, KFC? Obesity is right up there with alcoholism. Football itself? Sports across the world have been shown to have some link to spikes in domestic violence, just being a consumer is contributing to the problem.

If you're going to have this nonsensical outrage about one thing, at least be consistent and apply it to everything. It's fine to not like pokies and prefer that we aren't involved in them, but this whole "selling them is a PR stunt, we should have put them on a barge, set them on fire and let them float out to sea" thing is ridiculous. Be a reasonable person.

 

[wahawk]

So the sale of these venues will mean we no longer have to pay a rich tax every year to propping up other clubs. I am okay with that

Thankfully, we’ll be able to put our hand out and ask for the AFL to fund us like all but a few clubs.

And we will be able to join the chorus of the majority of clubs that we no longer have pokies. Yay for us

Sounds good but I don’t think any of it is true

 

[Ned Ryerson]

So the sale of these venues will mean we no longer have to pay a rich tax every year to propping up other clubs. I am okay with that

Thankfully, we’ll be able to put our hand out and ask for the AFL to fund us like all but a few clubs.

And we will be able to join the chorus of the majority of clubs that we no longer have pokies. Yay for us

Hate to alarm you, but the AFL have always funded us. We just get less funding than other clubs.

 

[hfc70]

Jeffrey does like to sell things off - doesn’t he

 

[The Jet From Poowong]

Hate to alarm you, but the AFL have always funded us. We just get less funding than other clubs.

Cmon stop acting dumb

 

[The Jet From Poowong]

Sounds good but I don’t think any of it is true

So we still have to pay a rich tax?

 

[Ned Ryerson]

Cmon stop acting dumb

Well, I’m not. We received close to $100M from the AFL the past 10 seasons. Apologies your rant was uninformed.

 

[Judd2Sewell]

Glad we got rid of them.

 

[Flukey!]

Anyone know how much cash we were profiting each year from these two venues that we need to replace?

The revenue would be in last year's financial report.

 

[Ned Ryerson]

The revenue would be in last year's financial report.

You’d probably want to go back a few years to get a good estimate - dare say hospitality venues didn’t exactly earn much in Melbourne in either 2020 or 2021.

 

[Flukey!]

You’d probably want to go back a few years to get a good estimate - dare say hospitality venues didn’t exactly earn much in Melbourne in either 2020 or 2021.

Good point although 2021 was vastly better than 2020.

In 2021, we had revenues of:
Gaming. $7.6M
Bar and Bistro. $3.6M

In 2019 they were:
Gaming. $12.1M
Bar and Bistro. $7.7M

 

[KermitJagger]

Fantastic movie

 

[Ned Ryerson]

Good point although 2021 was vastly better than 2020.

In 2021, we had revenues of:
Gaming. $7.6M
Bar and Bistro. $3.6M

In 2019 they were:
Gaming. $12.1M
Bar and Bistro. $7.7M

Geez people really hit the tradie’s laptops hard inbetween lockdowns

 

[Flukey!]

When you add accommodation income from those venues as well, they collectively accounted for about 30% of total club revenue.

It is a big hole to fill.

 

[Mitchell Madness]

When you add accommodation income from those venues as well, they collectively accounted for about 30% of total club revenue.

It is a big hole to fill.

The AFL will fill the gap, just as they do with every other club.

 

[offtherails9]

The AFL will fill the gap, just as they do with every other club.

Don't think anyone wants us to be in the same category as your North Melbourne's and St Kilda's. Being self sufficient is what makes us so successful.

 

[A Diakos]

The AFL will fill the gap, just as they do with every other club.

no they won't

anyone know the sale price of Waverley gardens ?

 

[Ned Ryerson]

no they won't

anyone know the sale price of Waverley gardens ?

Yes they will. If we have a dip in financial position the AFL formula will ensure they’d pay a higher allowance to us. This ‘they’re out to get us’ mentality some have is just bewildering.

 

[wahawk]

no they won't

anyone know the sale price of Waverley gardens ?

I read somewhere (can not find it anymore) $40mil
But unsure if this figure is leasehold or freehold & do not know our status of this either.
Will keep looking for article

 

[theiaofseed]

When you add accommodation income from those venues as well, they collectively accounted for about 30% of total club revenue.

It is a big hole to fill.

Revenue means jackshit though, all about that profit and loss.

 

[Mitchell Madness]

Yes they will. If we have a dip in revenue the AFL formula will ensure they’d pay a higher allowance to us. This ‘they’re out to get us’ mentality some have is just bewildering.

The league does have an anti-hawk agenda, but they won't want to give our new president an easy platform

 

[HairyO]

Hate to alarm you, but the AFL have always funded us. We just get less funding than other clubs.

No. The standard amount clubs get is earned. By group revenues generated by clubs playing football.

The AFL then funds the weaker clubs who cant survive on their own.

Remove the AFL and 10 clubs would stand on their own feet. 8 would disappear.