Opinion New AFC HQ (Part 2): The wheels are in motion

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If we're still in this position early next year, change thread title to Wheels Fell Off.
Have they ever been on?

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It's not a big deal, they need to get contracts and procurement sorted first, actual construction can happen relatively quickly.

Sounds like Rowey reckons the facility size has changed due to cost though which is much more concerning
 
It's not a big deal, they need to get contracts and procurement sorted first, actual construction can happen relatively quickly.

Sounds like Rowey reckons the facility size has changed due to cost though which is much more concerning

If you have a look at our financials the last few years, you'd see that we aren't in that great a financial position and we don't make much money. It's not an accident that we have a pretty average coaching panel.
 
If you have a look at our financials the last few years, you'd see that we aren't in that great a financial position and we don't make much money. It's not an accident that we have a pretty average coaching panel.
Poor on field performance means no finals income and less merch sales
Falling crowds with less discretionary spending
Weaker economy
Market where our chief competition has been performing well.
Been unable to develop any alternate income streams.

As you say, I'm not surprised we're financially limited.
 
It's not a big deal, they need to get contracts and procurement sorted first, actual construction can happen relatively quickly.

Sounds like Rowey reckons the facility size has changed due to cost though which is much more concerning
Now we have planning approval, I don't think its that simple to just reduce the size of the building to save costs.
 
Poor on field performance means no finals income and less merch sales
Falling crowds with less discretionary spending
Weaker economy
Market where our chief competition has been performing well.
Been unable to develop any alternate income streams.

As you say, I'm not surprised we're financially limited.

We're sound enough, but it's not enough when you start looking at borrowing tens of millions of dollars.
 
That's probably what the engineering and certification firms we've engaged had told him.

They've got planning consent which was a big deal, but building consent is another matter.

I've no doubt we are close, but there's a fair bit involved in building consent of a facility such as this. Where we were hamstrung was it taking so long dicking around with council to get the first bit done.

I'm a civil engineer by trade, I can tell you that I'd be shocked if we were digging ground before the new year.

Ok, accept the position given your qualifications.
 

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Opinion New AFC HQ (Part 2): The wheels are in motion

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