About all you'd wantI'm in if we get Goldstein.
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AFLW 2024 - Round 6 - Chat, game threads, injury lists, team lineups and more.
About all you'd wantI'm in if we get Goldstein.
May as well get straight into this one.
Western Bulldogs & North Melbourne Merger/Acquisition.
A lot still to play out on this including member and AFL sign off but the paperwork is there ready to roll.
A few points to consider:
During the week WB execs and high level financiers were seen wandering around Arden St doing what looked like a survey of the surrounds. The recent turmoil around NM and their immediate future the key subject matter of their visit. Like other M/A's before them (Bris/Fitz) an amalgamation of the two team names was floated with the most popular "Nor-West Bulldogs"
- Norths's list dump
- NM Senior Coaching vacancy
- AFL expansion
LIST DUMP: Probably the biggest sign of this M/A taking place is NM clearing out its dead weight. While its fair to assume list sizes will shrink in the coming seasons, north has been shedding players for a bigger reason.
COACHING VACANCY: Its not fair on Rhys Shaw to speculate on the reasons he's facing personal challenges (we hope you're doing well Rhys, All the best) a source noted that when the merger discussions were being talked about in meetings only a few were privy to, the coaching team from a WB standpoint would remain for the most part, untouched. When told there wouldn't be a role higher than assistant available to him it had a profound affect on his state of mind and subsequently has stepped away.
AFL EXPANSION: As discussed many times in secret meetings the league is looking to grow but is unsure how it would be received. The VFL being used in 2021 as a test case to see how a longer season and expanded team roster will play out. Main issues here are the discussion around conference systems when the league gets to 20 and above entities. This all paving way into a 20 team league including NT thunder and a Tasmamian entry slated to be along the same entry pattern of GC and GWS starting in 2025.
While still a lot to play out in this matter its starting to look clearer by the day that this could very well be the way forward for North Melbourne and a chance to Expand the reach Western Bulldogs sought after their GF win in 2016.
WEP
Sources: High level financier at WB, Merger and Acquisitions facilitator for one institution enlisted & recently redundant staff member at one of the entities involved.
From 2018 but our position has only improved since then, well prior to Covid...north isn't making a loss....
dogs are in fact in significant debt in comparison.
From 2018 but our position has only improved since then, well prior to Covid...
Plus one of only 6 clubs to stand on our own feet during Covid. I think you oughta take a look at the latest financials if you think you’re in a stronger position than us off field
Okay that’s great I never said you didn’t, not sure where you’re getting that from either as you haven’t released a 2020 financial report yet but as of our most recent financial report in 2019 where we posted a profit of 3million, 4 consecutive years of over 1million profit, have been debt free since 2017, 48mil in net assets and 8mil in cash on hand. Not to mention this year we’ll see the profit on of the sale of all of our pokies + a measly 36mil in funding from the gov for WO redevelopment.north made a $200k profit during covid and have no debt by the end of next year....
Haven't the Kangas and Bulldogs significantly improved their financial position in recent years? I love how this thread was started by a Blues supporter. How are they going financially?
iTo come up with name, get that old guy from the Footy Show in the '90's who called Freo the 'Fremantle Shitkickers'.
How true coming from a made up new account from an old posterMay as well get straight into this one.
Western Bulldogs & North Melbourne Merger/Acquisition.
A lot still to play out on this including member and AFL sign off but the paperwork is there ready to roll.
A few points to consider:
During the week WB execs and high level financiers were seen wandering around Arden St doing what looked like a survey of the surrounds. The recent turmoil around NM and their immediate future the key subject matter of their visit. Like other M/A's before them (Bris/Fitz) an amalgamation of the two team names was floated with the most popular "Nor-West Bulldogs"
- Norths's list dump
- NM Senior Coaching vacancy
- AFL expansion
LIST DUMP: Probably the biggest sign of this M/A taking place is NM clearing out its dead weight. While its fair to assume list sizes will shrink in the coming seasons, north has been shedding players for a bigger reason.
COACHING VACANCY: Its not fair on Rhys Shaw to speculate on the reasons he's facing personal challenges (we hope you're doing well Rhys, All the best) a source noted that when the merger discussions were being talked about in meetings only a few were privy to, the coaching team from a WB standpoint would remain for the most part, untouched. When told there wouldn't be a role higher than assistant available to him it had a profound affect on his state of mind and subsequently has stepped away.
AFL EXPANSION: As discussed many times in secret meetings the league is looking to grow but is unsure how it would be received. The VFL being used in 2021 as a test case to see how a longer season and expanded team roster will play out. Main issues here are the discussion around conference systems when the league gets to 20 and above entities. This all paving way into a 20 team league including NT thunder and a Tasmamian entry slated to be along the same entry pattern of GC and GWS starting in 2025.
While still a lot to play out in this matter its starting to look clearer by the day that this could very well be the way forward for North Melbourne and a chance to Expand the reach Western Bulldogs sought after their GF win in 2016.
WEP
Sources: High level financier at WB, Merger and Acquisitions facilitator for one institution enlisted & recently redundant staff member at one of the entities involved.
Yes prob an extra account that you use to spruik bullcrap.New account from November 2017? Ok
No the dogs alone will ruin that like we did the Dawks 4peatWell there goes any chance of a three-peat.
He can't, he was just having a spiteful stab in the dark and hoping to make a hit.Okay that’s great I never said you didn’t, not sure where you’re getting that from either as you haven’t released a 2020 financial report yet but as of our most recent financial report in 2019 where we posted a profit of 3million, 4 consecutive years of over 1million profit, have been debt free since 2017, 48mil in net assets and 8mil in cash on hand. Not to mention this year we’ll see the profit on of the sale of all of our pokies + a measly 36mil in funding from the gov for WO redevelopment.
Compared to your net assets of 11mil and 46k cash on hand and not debt free I’m struggling to see how you back up your claim that we have ‘significantly’ more debt?
For what it's worth I can confirm this entire rumour is bullshit.
Zero substance to it.