If interested, here is the link for the ICAA's annual report (we're not the poorest!)

[jonty12]

http://www.icaa.org.au/upload/download/vafl02v2.pdf

 

[moomba]

Loss of just under $900,000 is better than I was fearing, although it looks like we have sold some assets to get that result. Another loan to the social club is a concern ($640,000). Now is the time we need to turn it around, but there are plenty of clubs in the p00 with us at the moment.

Moomba

 

[hamstringinjury]

This is 2001, how about 2002?

 

[NeoBlaze]

my god at this rate the entire competition is going to be bankrupt in 3 years time! why doesn't the bloody afl just stop these increases in the players cap?!?!?!!? i mean seriously! almost half the damn competition is on the breadline or are making heavy losses

 

[tashibatts]

A loan to the social club- which one? (We have a new one at Colonial dont we? And we had one at Broadmeadows did we not)

?!

And what does this mean.. does this mean we have to pay them?


Go Roos

 

[moomba]

Originally posted by hamstringinjury
This is 2001, how about 2002?

Right you are. Sorry about that

2002 results are probably a little while away. Be nice if they were as low as these ones.

Moomba

 

[jonty12]

My girlfriend is an accountant and she says that it normally takes this long for these sort of reports.

I think that our administration is a lot more sound than Saints, Dees and Dogs, so I think we are on the right track.

Regarding the social club, I'm not too sure what that is about. I think that the Colonial Stadium situation will work for us. Unlike the Dogs and Saints, we have sat back and watch the stadium iron out its mistakes without us being involved (financially). Going by the Brownlow, Wrestling, Chili Peppers concert, Rhumba, etc, Colonial is starting to become favourable.

AC

 

[NeoBlaze]

Originally posted by jonty12
My girlfriend is an accountant and she says that it normally takes this long for these sort of reports.

I think that our administration is a lot more sound than Saints, Dees and Dogs, so I think we are on the right track.

Regarding the social club, I'm not too sure what that is about. I think that the Colonial Stadium situation will work for us. Unlike the Dogs and Saints, we have sat back and watch the stadium iron out its mistakes without us being involved (financially). Going by the Brownlow, Wrestling, Chili Peppers concert, Rhumba, etc, Colonial is starting to become favourable.

AC

yeh not as a playing ground!!!!!!!!!!!!!

 

[BW]

Heard on the news before that the three worst performed this year were the Bulldogs, Freo and Melbourne, with no mention of the roos

 

[hotham]

Originally posted by tashibatts
A loan to the social club- which one? (We have a new one at Colonial dont we? And we had one at Broadmeadows did we not)



North Melbourne Football Club Limited loaned the North Melbourne Social Club. The loan was approved when Greg Miller was the CEO.

hotham

 

[tashibatts]

Originally posted by hotham

Originally posted by tashibatts
A loan to the social club- which one? (We have a new one at Colonial dont we? And we had one at Broadmeadows did we not)



North Melbourne Football Club Limited loaned the North Melbourne Social Club. The loan was approved when Greg Miller was the CEO.

hotham

Wat the hell does that mean..??

Maybe I should just ask my dad.. but then I'll get a 45 minute explanation..

(My dads an accountant.. )

Go Roos

 

[tashibatts]

Who is the poorest club if we arent?

(I am imagining its the dogs)

Go Roos

 

[hotham]

Originally posted by tashibatts


Wat the hell does that mean..??

Maybe I should just ask my dad.. but then I'll get a 45 minute explanation..

(My dads an accountant.. )

Go Roos

The North Melbourne Social Club as a business entity not as a building ie:kanga casino or colonial stadium.

hotham