The Warlord
RuSsIa iS BaD
- Aug 21, 2018
- 32,172
- 80,936
- AFL Club
- North Melbourne
Time for an honest discussion about Port Adelaide as an AFL club.
Port have needed bailouts before. Is another justified?
Why can small Melbourne clubs like the Dogs and North get their debt down to zero but Port's balloons again?
Is Port Adelaide a great SANFL club that frankly belongs in the SANFL?
Is South Australia naturally a one team state?
Is the game better off acknowledging that small states like South Australia and Tasmania can only support one team and moving the pieces on the board to reflect this by taking Port's licence and giving it to Tassie?
Port Adelaide chairman David Koch said the coronavirus-impacted 2020 season had been a severe setback and revealed a $12 million debt despite the Power having reduced their cost base by more than $17 million.
In a brutal assessment of how his club had been upended financially even though it had fallen just short of a grand final, Koch said the Power had required added borrowings of $4.3 million, leaving their debt at a “significant” level although interest rates are low.
Power left with $12 million debt as virus fallout takes toll
Port Adelaide Power have revealed a “significant” increase in debt but chairman David Koch says the playing squad is again ready to challenge for a premiership.
www.theage.com.au
Port have needed bailouts before. Is another justified?
Why can small Melbourne clubs like the Dogs and North get their debt down to zero but Port's balloons again?
Is Port Adelaide a great SANFL club that frankly belongs in the SANFL?
Is South Australia naturally a one team state?
Is the game better off acknowledging that small states like South Australia and Tasmania can only support one team and moving the pieces on the board to reflect this by taking Port's licence and giving it to Tassie?