the $1.5m pre depreciation loss was due to Seaford? How do you work that out? petrol allowances?
Writing off Moorabbin?
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the $1.5m pre depreciation loss was due to Seaford? How do you work that out? petrol allowances?
I don't see how the stadium deal and the loss are more than vaguely related.
Like all clubs, St Kilda would have created a budget at the start of the year, which presumably had them making a profit, fully factoring in the stadium deal.
The problem is, they failed, by a long way, to meet that budget.
The two obvious reasons were the off field scandals (sponsorship was way down, which probably wasn't a coincidence) and that they started the season poorly, which would have cut attendance and membership sales.
For sure, the $200k net difference between an MCG & Docklands game should be ignored entirely.
Particularly in light of the Crown Removals bill incurred in moving training addresses.
The Saints lost one major sponsor ( Jeld Wen ), and there was then a bit of a gap before they secured Betfair.
JeldWen stated that the off field stuff was not the reason, ( if we believe them ).
However the Hun have worded the recent release " StKilda's sponsorship plummetted after the schoolgirl sex scandal " or therabouts.
Well shit Hun, it also plummeted after my wife's birthday.
The HUN are crap.
The trouble is that the simpler people ( like T from T ) go with their initial impressions, and the muck does stick.
1600 members can all be attributable to a poorer on field result..
Yet by your own admission youre not sure if you believe the sponsors public reasons for leaving. Go figure.
why should the price at Docklands have any relevance to the MCG?
The Saints lost one major sponsor ( Jeld Wen ), and there was then a bit of a gap before they secured Betfair.
JeldWen stated that the off field stuff was not the reason, ( if we believe them ).
However the Hun have worded the recent release " StKilda's sponsorship plummetted after the schoolgirl sex scandal " or therabouts.
Well shit Hun, it also plummeted after my wife's birthday.
The HUN are crap.
The trouble is that the simpler people ( like T from T ) go with their initial impressions, and the muck does stick.
Of course I'm not sure, all I can go by is their media release.
If I was to testify in court I'd have to say I dont know.
Thats not to say I dont take them at face value.
But the HUN are insinuating that JenWeld lied. ( insinuating means they are too gutless to say so ).
Maybe the HUN have evidence to support that Jen Weld are liers ( maybe a phone tap or something ) but I doubt it.
You're sure though arent you Timmy?
As far as the stadium deal, completely agree....the extra revenue over the last 2 years merely masked a problem that was always there, a problem that the Dogs, Roos and even Blues have been barking about for the last few years. North Melbourne received a paltry total of $97,540 from its 11 home games at Docklands this year. Our wins kept our heads above water.
As far as the stadium deal, completely agree.
Fact or fiction, the St Kilda scandals this year and not playing finals footy also come into play.
A bit of column A, a bit of column B?
Absolute bollocks. Are you telling me that 1600 members fled the club after successive GF near misses because they had a poor start to the season?
But wasn't the move to Seaford one of the contributing factors to St Kilda's big loss? It is very relevant to the discussion.
What has happened is, for various reasons, the St Kilda Football Club saw a significant fall in revenue in 2011, but rather than accept responsibility for this, Michael Nettlefold has tried to deflect blame elsewhere & Etihad stadium was seen as fair game, even though the agreement didn't change between making a profit in 2009 & 2010 & making a loss in 2011.
St Kilda Football Club members need to start asking some tough questions of Nettlefold & the St Kilda board, rather than venting their frustrations at Ian Collins, who had nothing to do with St Kilda's big loss for 2011.
As I said earlier, he didnt throw the first punch. There was a 3.2 mil p&l turnaround last year and that is not entirely due to the stadium deal. Its the Saints administration who are as equally guilty of lies and half truths.
And if you were to testify in court you could prove that? You're drawing a long bow.
This trend of blaming the media for ones own shortcomings is becoming tiresome.
I'm not sure why people are attacking the move to Seaford.
Because Ian Collins wouldn't go that far for his holidays. Too busy doing shady business deals and being an arseh*le to pass geography 101.
Why is this thread still continuing?
Because the post immediately above yours hasnt really be answered.
There are a host of reasons why StKilda had a 3.2 mil profit turnaround last year, and nobody has been able to establish that Etihad deal is a major contributor to this 3.2 mil, especially when you take into account SKildas home and away crowds were down by only 5% (2000 per gam) on the previous season....unless of course these 2000 people per game were expected to bring in an extra $160 each...