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kezza
PostPosted: Sat May 14, 2011 11:17 pm 
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Stephen Kernahan

Joined: Thu May 11, 2006 6:11 pm
Posts: 15001
aramari wrote:
bluegirl72 wrote:
bluechucky wrote:
There are boundaries. 4 times is 2 maybe 3 times too much.

:lol:


What's a third of 4?

1.3333333333333333333333333333333333333333333333333333333333333333333333333333333333
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molsey
PostPosted: Mon May 16, 2011 12:46 pm 
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Geoff Southby
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Thread title is a little misleading - it should be 'up for renewal'....in October.

I was lucky enough to sit next to a Carlton Director on a plane the other week. He talked about how Carlton had no other choice but to invest in it's football department a few years ago (when we stabilised) and it was only when we could compete with the best that we could afford to pay down the debt.

Add some of the upside of the pokies, a better platform to recruit members given our performance - and hopefully a complete shakeout of our membership division (my addition, not his) - and we should be in a far superior position to make inroads in to the debt, if we so choose to.
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Bomba Sheldon
PostPosted: Mon May 16, 2011 4:34 pm 
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Rod Ashman
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molsey wrote:
Thread title is a little misleading - it should be 'up for renewal'....in October.

I was lucky enough to sit next to a Carlton Director on a plane the other week. He talked about how Carlton had no other choice but to invest in it's football department a few years ago (when we stabilised) and it was only when we could compete with the best that we could afford to pay down the debt.

Add some of the upside of the pokies, a better platform to recruit members given our performance - and hopefully a complete shakeout of our membership division (my addition, not his) - and we should be in a far superior position to make inroads in to the debt, if we so choose to.


Fair point - it makes sense that spending in the footy dept to incresae to improve performance and teh flow on is increased membership, sponsors, revenue etc..... hopefully
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Dominator_7
PostPosted: Tue May 17, 2011 11:52 am 
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Geoff Southby
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anfield wrote:
The Age are estimating a return of $13.6 Million to the Club from Pokies in 2012. The Club will have a total of 260 machines with Cwood the next at 191. Not sure what to feel bout this. Will be great to clear the debt and back some $ but ...


I have no issue with this, particularly as it helps bring us back into a strong financial position...

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Hornet
PostPosted: Wed May 18, 2011 5:33 pm 
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Craig Bradley
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Dominator_7 wrote:
anfield wrote:
The Age are estimating a return of $13.6 Million to the Club from Pokies in 2012. The Club will have a total of 260 machines with Cwood the next at 191. Not sure what to feel bout this. Will be great to clear the debt and back some $ but ...


I have no issue with this, particularly as it helps bring us back into a strong financial position...

I have no issue with it as well.

Until they're banned or regulated, someone will make money from pokie machines, why not us? Why do football clubs have to be the instigators of morality?

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anfield
PostPosted: Wed May 18, 2011 9:05 pm 
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Bert Deacon

Joined: Tue Mar 07, 2006 2:47 pm
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Hornet wrote:
Dominator_7 wrote:
anfield wrote:
The Age are estimating a return of $13.6 Million to the Club from Pokies in 2012. The Club will have a total of 260 machines with Cwood the next at 191. Not sure what to feel bout this. Will be great to clear the debt and back some $ but ...


I have no issue with this, particularly as it helps bring us back into a strong financial position...

I have no issue with it as well.

Until they're banned or regulated, someone will make money from pokie machines, why not us? Why do football clubs have to be the instigators of morality?


Yeah, its not so much the morality angle, although for me that is a consideration, but rather that the Club doesnt become too dependent on a revenue stream that is subject to the whims and fancies of Politicians. Then again Governments are so dependent on gambling taxes all they will do is fiddle around the edges. The figures the Age are suggesting are after tax as well so the numbers are staggering and if correct will see us become a financial behemoth in a relatively short period of time.
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aramari
PostPosted: Wed May 18, 2011 10:09 pm 
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Mike Fitzpatrick

Joined: Sun May 22, 2005 11:58 pm
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Location: South Yarra
They'd better cash in before Wilkie gets his pound of flesh.
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QLD_Blue
PostPosted: Wed Jul 13, 2011 10:21 pm 
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Horrie Clover
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Quote:
http://www.heraldsun.com.au/sport/afl/carlton-expects-significant-windfall-from-collingwood-clash/story-e6frf9k6-1226094148066

CARLTON stands to make $800,000 from its home game against Collingwood at the MCG on Saturday.

The haul is likely to be the biggest this year, given the amount of reserved seats already booked.

A crowd of more than 90,000 is expected and the MCC is pulling out all stops to fill its members' reserve.

It is still selling MCC visitors' tickets to ensure a capacity crowd, with the league determined supporters will not be turned away as was the case at past blockbusters.

At the start of the season the Blues had budgeted for a $500,000 windfall for an expected crowd of 80,000.

But the number of reserved seats sold and the expected crowd could push the profit to between $750,000-$800,000.

Carlton does not split gate receipts with Collingwood as it has in the past with other clubs, including Richmond.


Nice to see some $$$ roll in!
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Bookie
PostPosted: Thu Jul 14, 2011 7:32 am 
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Harry Vallence
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Location: Smorgyland Village North Carlton
The obvious is to balance the Footy Dept spending, it into a sustainable position for our revenue earning capacity whilst retiring debt as we go along.
Kung Fu coaches, psychological team building and underwater running machines are nice, but 7 million dollars is fair noose.
Other clubs have debt demolition events we like to keep up with the McGuire's in discretionary spending, yet without the 70k members, sweet draw and MCG deal and cash reserves...... Arizona or Bust (again)!
There could be a concern the debt may be used as leverage to avoid review and "democratic" appointment via the clubs constitution.

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