Well that makes sense!
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News Why don't we have a pub already?
- Thread starter Alex99
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The only thing I want to say about the pokies, is that it is needed for the financial success of the pub. More importantly there is a fair chance that Powa supporters would refuse to enter. Win/win
I watched the 2007 Grand Final at the Hyde Park tavern (owned by, I believe, Tredrea plus various other Power players). My mate and I got some pretty dirty looks as we were the only 2 people in there cheering for Geelong that day
Rusty Crow
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Treders, Primus and CCornes guessing his father picked his middle name... there is some non pear people too.I watched the 2007 Grand Final at the Hyde Park tavern (owned by, I believe, Tredrea plus various other Power players). My mate and I got some pretty dirty looks as we were the only 2 people in there cheering for Geelong that day
A bit like the Alma situation, the Hyde Park is mostly owned by Tony Franzon with a few Port ambassadors already mentioned. I think Josh Francou is/was another.I watched the 2007 Grand Final at the Hyde Park tavern (owned by, I believe, Tredrea plus various other Power players). My mate and I got some pretty dirty looks as we were the only 2 people in there cheering for Geelong that day
- Thread starter
- #106
Only if they wanted to sell and it would not have been 'peanuts' as you say.
IIRC they have just finished a maor renovation.
dogs105
Sweet Kennels Proprietor
I don't think anyone would seriously be suggesting you could buy the cathedral...
- Thread starter
- #108
Don't know, the quote didn't seem to be lined to any humour or joking. Seemed quite serious.
dogs105
Sweet Kennels Proprietor
Except for the bit about buying the cathedral
- Thread starter
- #110
How did you interpret that as a joke?
dogs105
Sweet Kennels Proprietor
It's about buying a cathedral
- Thread starter
- #112
You do know he was talking about buying "The Cathedral" hotel across from the W&C Hospital. Not the actual church?
Shamus75
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The Cathedral was actually on the market for 'peanuts' before the oval redevelopment was announced. A pub opposite a children's hospital wasn't really working for anyone. The renovation of the pub came after the new Adelaide Oval announcement.
Deaneus!
We Await Silent Tristero's Empire
Was for sale a couple of years ago
- Thread starter
- #115
so not only are we better recruiters, we now believe we are better business people?
People are seriously underestimating the management required to run a sucessful operating hotel - not to mention the capital.
Hotels nearly cost Port Magpies their existance and have had huge impacts to the clubs in Victoria (both negative and positve of course)
I'm not saying, don't get into it, I'm just suggesting it isn't the saviour that some here would think it to be.
People also need to understand, of the local pub barons many are only here becuase they were handed pokies licences ( a mistake iMO) which made them millions at the expense of others, Pokies are now a matured, highly regulated industry meaning getting in now isn't going to make you zillions over night.
If the Crows were serious about putting huge wads of capital into commercial property, I wouldn't think Pubs are the best option.
People are seriously underestimating the management required to run a sucessful operating hotel - not to mention the capital.
Hotels nearly cost Port Magpies their existance and have had huge impacts to the clubs in Victoria (both negative and positve of course)
I'm not saying, don't get into it, I'm just suggesting it isn't the saviour that some here would think it to be.
People also need to understand, of the local pub barons many are only here becuase they were handed pokies licences ( a mistake iMO) which made them millions at the expense of others, Pokies are now a matured, highly regulated industry meaning getting in now isn't going to make you zillions over night.
If the Crows were serious about putting huge wads of capital into commercial property, I wouldn't think Pubs are the best option.
If they were to buy a pub (a big If) - Harry's Bar on Grenfell street is an ideal location, particularly the upstairs room -http://www.harrysongrenfell.com.au/functions/the-tattersalls/
A few $$ would need to be spent on the place, but size and location is a big +
A few $$ would need to be spent on the place, but size and location is a big +
dogs105
Sweet Kennels Proprietor
no
I blame Keith
I'd rather lease a space - less capital
even then, I wouldn't lease a existing pub location either.
Maybe should look involved with the casino re-development and see about having a "sports bar" or something? Could potentially get the Adelaide 36ers, Bite, United, Redbacks whoever else pin too and make it an Adelaide one, so it's got potential for all year.
Strange suggestion. Are you the owner and trying to sell?
