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Blues21 · **Posted:** Mon Jun 01, 2015 8:15 pm

Slightly off topic but I was told by a neighbor who is dealing with one member of our Board (both of whom shall remain nemeless) that this particular Board member placed all of the blame for our current predicament at the hands of Greg Swann and Stick (who let him do whatever he wanted). The former apparently (allegedly) was very keen on the punt and what staggered me the most was his claim that there was a serious gambling issue with a number of our playing list. I have heard something along these lines before.

I actually found this hard to believe (and don't) but what staggered me the most was just how prepared this director was to sheet home the blame to all an sundry other than the Board itself. Kind of tells me all I need to know about the state of our current Board.

Punter22 · **Posted:** Mon Jun 01, 2015 8:25 pm

Blues21 wrote:

Slightly off topic but I was told by a neighbor who is dealing with one member of our Board (both of whom shall remain nemeless) that this particular Board member placed all of the blame for our current predicament at the hands of Greg Swann and Stick (who let him do whatever he wanted). The former apparently (allegedly) was very keen on the punt and what staggered me the most was his claim that there was a serious gambling issue with a number of our playing list. I have heard something along these lines before.

I actually found this hard to believe (and don't) but what staggered me the most was just how prepared this director was to sheet home the blame to all an sundry other than the Board itself. Kind of tells me all I need to know about the state of our current Board.

A board member placing the blame and raising some concerns of character on.... a board appointment.

Says it all, really.

sinbagger · **Posted:** Mon Jun 01, 2015 8:59 pm

Blues21 wrote:

Slightly off topic but I was told by a neighbor who is dealing with one member of our Board (both of whom shall remain nemeless) that this particular Board member placed all of the blame for our current predicament at the hands of Greg Swann and Stick (who let him do whatever he wanted). The former apparently (allegedly) was very keen on the punt and what staggered me the most was his claim that there was a serious gambling issue with a number of our playing list. I have heard something along these lines before.

I actually found this hard to believe (and don't) but what staggered me the most was just how prepared this director was to sheet home the blame to all an sundry other than the Board itself. Kind of tells me all I need to know about the state of our current Board.

I seem to recall that Judd called out player gambling as a more serious issue than recreational drugs in his recent article.

Coincidence?

emtwenty · **Joined:** Sun Nov 18, 2012 3:29 pm **Posts:** 7074

Players gambling has some truth to it.

cimm1979 · **Posted:** Mon Jun 01, 2015 9:13 pm

sinbagger wrote:

Blues21 wrote:

Slightly off topic but I was told by a neighbor who is dealing with one member of our Board (both of whom shall remain nemeless) that this particular Board member placed all of the blame for our current predicament at the hands of Greg Swann and Stick (who let him do whatever he wanted). The former apparently (allegedly) was very keen on the punt and what staggered me the most was his claim that there was a serious gambling issue with a number of our playing list. I have heard something along these lines before.

I actually found this hard to believe (and don't) but what staggered me the most was just how prepared this director was to sheet home the blame to all an sundry other than the Board itself. Kind of tells me all I need to know about the state of our current Board.

I seem to recall that Judd called out player gambling as a more serious issue than recreational drugs in his recent article.

Coincidence?

A club gives up control of its future for the revenue of pokie machines.
The gambling problems of club players and administrators push the club to the brink of extinction.

Irony?

bondiblue · **Posted:** Mon Jun 01, 2015 9:20 pm

ColourMan wrote:

aboynamedsue wrote:

It's not satisfactory for the Board to simply blame bad advice.

Agreed. The Board should have some idea... supposedly, that's why they are there!

So what's the role of Adrian Gleeson?

Funny I was just at the kitchen sink thinking about Board members and what they bring to the table.
I was thinking Gleeson. A bean counter who played footy in the 80's. Long long ago. Premiership player.

So what? What does he bring to the Carlton FC Board? I'd hope he's a football guru. We need some of that at Board level. I haven't heard any tangible and intangible good he has brought to the Carlton FC.

Anyone have anything on Gleeson this century.

emtwenty · **Joined:** Sun Nov 18, 2012 3:29 pm **Posts:** 7074

He doesn't even hold the princes park time trial record anymore. Completely useless.

bondiblue · **Posted:** Mon Jun 01, 2015 9:34 pm

jimmae wrote:

As woof said bondi, the debt was practically serviced prior to MM's departure. We should be more focussed on membership growth and generating new revenue streams.

The debt isn't any albatross or concern for the club, at all; it is dwarfed by annual revenue alone. Given we've been cost cutting and trimming fat in order to re-build the football department (something that's been a long time coming), are we necessarily going to report a loss?

Do we have much if any in payout figures aside from SR & MM? I guess we'll find out. This isn't anything like the last time we hit rock bottom from a balance sheet perspective. I just wish we weren't relying on Mathieson's shittiest performing assets for a $1-2m profit to offset our losses elsewhere.

The viewpoint that the debt is serviceable is our mode of operation. I understand that.

The profit year 3 years ago was good ledger work by Swan.

I'm saying not only would it be a good legacy for our Board of the last 13 years, with help from our billionaires they could have wiped out with the Board. They're on it.

We are at a new low.
We are bottom ladder team.
We ran at a loss last Fin year, and another $1.5M this fin year.
We are not heading in the right direction.
And that's with an investment in footy department.

Our memberships will fall again next year.
We will lose players.
We will need to spend more in footy dept.
We will have less tv prime time exposure
We will have less revenue from sponsorships.

We requested a forward payment from AFL ....only $100k or less.
I wish we didn't have a debt.
I'd rather use funds to service debt on footy department.

The Normal One · **Joined:** Mon Apr 06, 2009 8:35 pm **Posts:** 20076

Blues21 wrote:

Slightly off topic but I was told by a neighbor who is dealing with one member of our Board (both of whom shall remain nemeless) that this particular Board member placed all of the blame for our current predicament at the hands of Greg Swann and Stick (who let him do whatever he wanted). The former apparently (allegedly) was very keen on the punt and what staggered me the most was his claim that there was a serious gambling issue with a number of our playing list. I have heard something along these lines before.

I actually found this hard to believe (and don't) but what staggered me the most was just how prepared this director was to sheet home the blame to all an sundry other than the Board itself. Kind of tells me all I need to know about the state of our current Board.

Swan has been moved on now by the new President! What's past is past, that problem has been solved.

muzza · **Joined:** Wed Aug 17, 2005 8:41 pm **Posts:** 2385

emtwenty wrote:

He doesn't even hold the princes park time trial record anymore. Completely useless.

Does he have a tertiary education and can you have a beer with him?

kaxsta · **Joined:** Tue Mar 08, 2005 3:55 pm **Posts:** 315

bondiblue wrote:

I wish we didn't have a debt.
I'd rather use funds to service debt on footy department.

These people are billionaires!!! They could wipe the debt immediately... and then look to ways the club can grow and earn revenue without relying on billionaires. Why drip feed funds to us? Its the one thing they can do right now! The other one is for them to exit the club entirely but we all know that's not going to happen.

It reminds me of that parenting disorder when parents make their kids sick to feel wanted..

Munchausen Syndrome by Proxy or fabricated or induced illness (FII) is a form of child abuse or parenting disorder. A parent or caregiver of a child, in most cases the mother, either causes or fakes signs and symptoms of illness in a child in order to gain the attention of health care professionals.

As long as the debt is there, they feel needed perhaps?

jimmae · **Posted:** Wed Jun 03, 2015 10:58 am

The only way the debt becomes a problem is if we decide to get another loan to pay for major infrastructure updates (i.e. training facility remodelling/new equipment) without seeking donations or grants. It really isn't a problem at all, and wouldn't affect anything in terms of development of other club assets.

The damage to the brand is of far greater concern right now.

dane · **Joined:** Tue Mar 08, 2005 10:14 am **Posts:** 22357

Who on the board is a billionaire?

Lace Out · **Posted:** Wed Jun 03, 2015 12:06 pm

Bill gates is a billionare...

jimmae · **Posted:** Wed Jun 03, 2015 12:09 pm

dane wrote:

Who on the board is a billionaire?

Technically, no one.

camel · **Posted:** Wed Jun 03, 2015 12:12 pm

Get No one off the board!

dane · **Joined:** Tue Mar 08, 2005 10:14 am **Posts:** 22357

bluegirl72 · **Joined:** Sat May 23, 2009 8:30 pm **Posts:** 23921

dane wrote:

:lol:

that dinosaur is soooo cute!
does he have a name?

dane · **Joined:** Tue Mar 08, 2005 10:14 am **Posts:** 22357

bluegirl72 wrote:

dane wrote:

:lol:

that dinosaur is soooo cute!
does he have a name?

I think you can come up with a name.
You're more creative than me.

bluegirl72 · **Joined:** Sat May 23, 2009 8:30 pm **Posts:** 23921

Chompy

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