We're gonna make 13+ Million from Pokies. U MAD NORF?

[Collins-Langford-Ayres]

Now that we are so cashed up, could the Hawks buy a minnow club like Gee110ng or a Franchise like Sy6n3y, turn them around and on-sell them for a tidy profit?

 

[Lethality]

We don't. Unions do. An unaffected body swooping down to save pokie patrons/victims from themselves is not going to perform the same function. There is support for problem gamblers already out there, the problem is that they have to identify themselves.
You can't help them do that.

Unions, WorkSafe, legislation.

This unaffected body is already in action, as you said, which implies that a genuine problem does exist outside of the usual propaganda of people simply choosing the lifestyle.

 

[cammo78]

How is stating a fact considered ignorance? Unless the Bulldogs are a powerhouse right now, why are you dishing out debt and assett advice? You don't see North telling Collingwood how to do business do you? I don't mind the Dogs but you nor your club are in a position to give financial advice. If I wanted financial advice from the WB, I might as well ask a heavy drug user who only has the clothes on his back as belongings. WB are falling further and further behind in debt while North are erasing theirs at a decent rate.

And what are your income streams? What revenue generating intiatives do you own?

We all know you (no longer) own any pokies.

You have the lowest 11/18 game (i.e. "full") membership base of any Victorian club. Your "record membership" is underpinned by 3-game/Hobart memberships.

And you don't own anything.

Let me put it in other terms...

A worker has no debt, and lives on his fortnightly income. Which isn't a lot - it's enough to get by, but he has no other means of making money.

Compare that to a person who owns two investment properties. That person is in debt, but also has (growing) equity in his investments, which also happen to generate ongoing passive income over and above his normal income.

Which would you consider to be a better long-term financial plan?

So - my question to you is - how do you plan on generating ongoing revenue into the future?

 

[bombersfan4000]

http://www.news.com.au/sport/afl/carlton-hits-poker-machine-jackpot/story-fnelctok-1226591023028

That's right folks, My club will be rolling in cash now that our substantial investments in poker machines are in a position to pay off.

Meanwhile North supporters will blather about the virtues of being pokie free and how wonderful it is to have World Vision as their jumper sponsor. (so wonderful it yields a massive $0 per year)
Only a club as amateurishly run as North could fail to make money from poker machines.
Meanwhile as it goes even further down the gurgler James Brayshaw will inevitably beg the AFL for even larger handouts because his administration is too incompetent to raise the money itself. ******* parasites.

Oh and Doggies fans as for your club's 'suggestion' that pokie revenue should shared - I think not.
Clubs like mine took on the risk, invested the money, and spent our time making it work for us.
Now your club wants to come in and snatch the profits...... When it had exactly the same opportunities mine did but either failed to act, or wasn't willing to risk its own money to do so?
When was the last time YOUR club gave away millions of dollars to other Victorian clubs without getting a thing in return..... I'm guessing never?

no, your club had the AFL and Mirvac, renovate and give you AFL park as well as a substantial amount of money from the sale of waverley park
every club takes risks & invests in other business ventures that makes clubs money. pokes is hardly a risky investment! ffs pokes and gaming is what keeps the NRL in business.
take that & having jeff arrange Eddie type deals with government under the table, to the tasmanian sponsorship & the selling of home games.
along with that, con the state of tasmania, that the hawks ars setting up base there, is a pissweak attempt to score extra memberships,

really whorethorn have had a really big helping hand.

 

[morgoth]

Pretty sure we're reducing our debt a lot quicker than those two and we started with the same amount of debt. NFI.

Hmm maybe they took on some debt to buy pokies which are now delivering solid profits. Just a thought for you.

The Norf funding strategy seems to be, spend it, when we need more go to the Govt and AFL for more.

 

[Kangaroos4eva]

Hmm maybe they took on some debt to buy pokies which are now delivering solid profits. Just a thought for you.

The North funding strategy seems to be, spend it, when we need more go to the Govt and AFL for more.

Eddie, is that you? How about we strip Sydney of all assets and finances and give them to North, will that satisfy you eddie?

 

[morgoth]

Eddie, is that you? How about we strip Sydney of all assets and finances and give them to North, will that satisfy you eddie?

Yep, typical pauper, no answers just stupid statements.

So whilst other clubs grow their revenue and profits, they are held back from investing into their footy departments because they have to 'equalise' the clubs that make terrible decisions. Whilst these clubs were putting pokies, you were organising rock on arden st.

 

[LETSGOKANGAS]

ppppfffttthhhh Pokie machines.

North are too busy selling out packed stadiums, making prelims, breaking memberships records and smashing debt.

 

[B4Bear]

Hmm maybe they took on some debt to buy pokies which are now delivering solid profits. Just a thought for you.

The North funding strategy seems to be, spend it, when we need more go to the Govt and AFL for more.

Why do you care? North were told exactly what they needed to do to remain in the AFL and in Melbourne, and we have done that.

We have increased membership every year and the revenues to match.

We have a new market in Hobart, who I might add are more than happy to have us playing games there in the short - medium term.

We do not go cap in hand to the AFL or the Government. We receive, as do most clubs our share of AFl money.

So keep your filthy pokies, we don't need them, nor want them.

 

[Kangaroos4eva]

Yep, typical pauper, no answers just stupid statements.

So whilst other clubs grow their revenue and profits, they are held back from investing into their footy departments because they have to 'equalise' the clubs that make terrible decisions. Whilst these clubs were putting pokies, you were organising rock on arden st.

Make a stupid statement, "The North funding strategy seems to be, spend it, when we need more go to the Govt and AFL for more." You get one in response, so stop being a little fairy and having a whinge.

 

[B4Bear]

Yep, typical pauper, no answers just stupid statements.

So whilst other clubs grow their revenue and profits, they are held back from investing into their footy departments because they have to 'equalise' the clubs that make terrible decisions. Whilst these clubs were putting pokies, you were organising rock on arden st.

And how is that working for you so far champ?

At the end of the day, all clubs need to be self funding, and we are working towards that. So long as you are solvent, where is the problem?

If you have a problem with capped spending, take it up with the AFL. They make the rules, not us.

Money doesn't buy premierships, if it did the Pies would win it every year.

 

[Grin]

He actually didn't bring them in, that was Joan Kirner. Their numbers exploded under Kennet. He needed the revenue after Cain / Kirner had turned the state into a financial basket case.

Pokies are a bit like Liberal Party propaganda. They are both aimed at conning the stupid.

 

[cammo78]

breaking memberships records

We have increased membership every year and the revenues to match.

Mmmhhhhmmm....so, tell us more about these "record memberships" in the context of having fewer home game/home and away game members than any other Victorian club?

 

[morgoth]

Make a stupid statement, "The North funding strategy seems to be, spend it, when we need more go to the Govt and AFL for more." You get one in response, so stop being a little fairy and having a whinge.

But that is exactly what you do. Who paid for your new facilities? In 10 years time, who will pay for the upgrade, won't be you. You do not put money into the system, you take. Why should other clubs have to fund yours? You have been around long enough to get your shit sorted, you have made terrible decisions re your finances and investments and just expect everyone else to pay.

Taxpayers, AFL, other club's, you are just the Paxtons of the AFL.

 

[Kangaroos4eva]

But that is exactly what you do. Who paid for your new facilities? In 10 years time, who will pay for the upgrade, won't be you. You do not put money into the system, you take. Why should other clubs have to fund yours? You have been around long enough to get your shit sorted, you have made terrible decisions re your finances and investments and just expect everyone else to pay.

Taxpayers, AFL, other club's, you are just the Paxtons of the AFL.

For our total gross income, $8 million from distributions out of nearly $32 million, yes solely dependent on handouts, plus we have over $9 million worth of net positive assets, we are fine. Source, 2013 report. Obviously you have an agenda and l will not engage you on this further.

 

[cammo78]

For our total gross income, $8 million from distributions out of nearly $32 million, yes solely dependent on handouts, plus we have over $9 million worth of net positive assets, we are fine. Source, 2013 report. Obviously you have an agenda and l will not engage you on this further.

Your only asset is the leasehold on Arden St.

Which:

a) reverts back to the council at the conclusion of the lease (thus - it is not really "yours"); and

b) is not a revenue-generating asset in any way, shape or form.

 

[Herne Hill Hammer]

Pokies are a bit like Liberal Party propaganda. They are both aimed at conning the stupid.

So point out which part of what I said was actually wrong?

 

[Herne Hill Hammer]

Now that we are so cashed up, could the Hawks buy a minnow club like Gee110ng or a Franchise like Sy6n3y, turn them around and on-sell them for a tidy profit?

You'd better hang onto it.

You know it will only be so long before your board starts buying gold taps for the boardroom again and we all know what that almost led to in '96.

 

[Kangaroos4eva]

Your only asset is the leasehold on Arden St.

Which:

a) reverts back to the council at the conclusion of the lease (thus - it is not really "yours"); and

b) is not a revenue-generating asset in any way, shape or form.

Well the redevelopment and the money that has been poured into that has made Arden st indispensable in terms of business practises and club operations so is indirectly critical to our potential to revenue raise. Its a lease we haven't lost for a while, so l'm not worried about losing it anytime in the distant future and we do have other assets and much of its comes from our business/sponsorship dealings. I think we are getting a little side tracked here.

 

[Grin]

So point out which part of what I said was actually wrong?

Hirdy hired Ian Hanke for the same reason the Liberal party did.
The Liberal party views you with similar respect that Hird views his supporters, or that any conman views his victims I suppose.

 

[B4Bear]

Mmmhhhhmmm....so, tell us more about these "record memberships" in the context of having fewer home game/home and away game members than any other Victorian club?

View attachment 89379

I should have known better than to descend to the level of a dick troll.

 

[mess]

Unions, WorkSafe, legislation.

This unaffected body is already in action, as you said, which implies that a genuine problem does exist outside of the usual propaganda of people simply choosing the lifestyle.

The problem certainly exists for some people. But the unaffected body is not equipt to distinguish those people from the rest, and nor should it be empowered to impose is will upon the rest for the sake of the afflicted. It's role should be to provide help for those who seek it, and to educate people about when seeking it is necessary.

As long as this is being done, there is no ethical debit incurred from running Pokies, imo.

 

[ManOfClay]

Really? Debt reduction advice from a Bulldog fan?

Judging by the way you've completely missed his point, I'd hope you don't have too much fiscal responsibility.

 

[Herne Hill Hammer]

Hirdy hired Ian Hanke for the same reason the Liberal party did.
The Liberal party views you with similar respect that Hird views his supporters, or that any conman views his victims I suppose.

In other words, nothing I posted was incorrect.

Kirner introduced pokies and their numbers exploded under Kennett's premiership.

The joint was broke and Kennett sold of the state's silverware. Now instead of having money, year on year from public utilities, Victoria has pokies, a casino and speed cameras to pick up the slack.

 

[Pessimistic]

Is OP aware delays and costs with waverley gardens pokies venue helped to send hawthorn broke in 1996 ?