Michael Jezz wrote:
Don't reduce the visy contribution to 900k in 2013
3 mil per year from 2007 to 2012 equals 19mil since 2007.
I would reckon dick must have parted with 10 between the late 1960s and 2007
Matheson must have put in 2 or 3 mil
Quite frankly that's a little more than sponsorship rights and tax deductibility
Shouldn't mean you run the place but deserves a thank you card rather than accusations of control.
Take a quick look at the Revenue stream break up for the carlton Football Club in 2012
Carlton Football Club Revenue Break up – 2012
Revenue Stream...................................$ million
Sponsorship and Hospitality......................12.5
AFL Income..............................................9.0
Membership & Reserved Seating.................8.9
Gaming...................................................9.5
Gate receipts............................................3.4
Merchandise.............................................1.9
Fundraising..............................................0.42
Interest Income........................................0.08
Other football Operational Income...............0.75
TOTAL REVENUE...................................~ 46.5 million What saved the club financially in a very big way was the gaming revenue of 9.5 million. That matched the AFL income and the Memberships
Now where do you fit in the 900k from the Pratts?
Where is it listed in the above break up?
Did Bruce Matheson, the hotel and pokie king give a few hotels and pokie venues to carlton to run a few years back?
Something he was trying to do for some decades, but was shunned by the club for some reason - until Elliot was booted out
about 1/4 of the clubs revenue is comprised of sponsorship and hospitality.
All revenue streams are important - but when you portray the Oligarchs on the board as the suppliers of cash, you better back it up with some facts
facts that are available in the AGM financial report