SurreyBlue wrote:
Great work tap and well done on educating the masses more and more on how this organisation works.
Tap's posts are great - but I'm not convinced he did this.
Forget the noise. The AFL works as it's meant to. Many clubs currently get assistance - including the Blues.
There's no conspiracy theory. There might be a few raised eyebrows - but on the whole they do a good job as the governing body. The AFL would prefer it if every club did well and could fend for themselves. This way - the AFL would have a greater surplus - and could spend more on the game where it really needed it.
So let's start with the basics. Currently - the AFL give every club around $7.5 million each year. This includes a bonus distribution of $1.2 million to all clubs from the broadcast rights proceeds. On top of this - they make payments to the clubs from the future fund. These vary from club to club and can range from half a million to a few millions dollars. Then there's other payments - Etihad signage and promotional funding to help clubs
develop the game around Australia....and prizemoney for Hawthorn!
So all up - Carlton should receive somewhere in the vicinity of $12million from the AFL. And believe it or not - all clubs will be around this figure.
Contingent liabilities are somewhat separate. The AFL has entered into an agreement with Westpac whereby they guarantee the obligations of the Carlton Football Club to Westpac to a maximum of $4.3million. This guarantee expires on 31 October 2016. It's likely to be extended beyond that date - however the figure will be less. That's a good thing!
That same arrangement is in place for Melbourne ($5.1million), North Melbourne ($3.8million), St.Kilda ($6.75million), Richmond ($1.5million), Footscray ($4.5million), Brisbane ($8million) and Essendon* ($5million).
Given Carlton's ongoing struggles - I expect we may receive more from the future fund payments. This needn't be broadcast from the rooftops. The AFL understands when clubs have to jump up and down. It's noise. Sadly, the journos, nor the punter in the outer get this. The club wants you to buy a membership. If you're not already rusted on or do it out of habit - their idea of a 'call to action' is a sympathy vote.
I'm not going to speculate whether that's a good idea or a bad one. It worked for me when I returned to Melbourne in 2004. It doesn't work on me now, but that's for a variety of reasons.