2006 Revenues from Ordinary Activities

Football Operations Income $9.1M
Interest Income $0.3M
AFL Income $4.7M
Membership, reserved seating income $4.2M
Total $18.4M

_________________
|♥♥♥♥♥♥| http://www.blueseum.org |♥♥♥♥♥♥|

To quote Disraeli or Twain (take your pick), "There are three kinds of lies: lies, damned lies and statistics."

There are a couple of things to be drawn from this squalid little piece from Smith. Firstly, I can pluck any number required to suit my argument, which is exactly what Smith has done. Given his history of many words but little fact, I don't give a lot of credence to what he's written in this offering, and even if the data he's selectively used is correct, we don't know what has been left out.

Secondly, my initial thought after reading the item (after the sense that I'd been violated), was that it was a pointless exercise. At the end, I felt like I wasn't any more informed than before I started. We all knew our revenue was down, so that's hardly earth-shattering, Greg Swann will have a knowledge of our last annual report, and I'd suggest that painted a fairly accurate picture, so our new CEO is hardly going to be 'stunned'.

This Smith article is, as usual, a complete waste of space, paper, ink and time.

_________________
"The old believe everything, the middle-aged suspect everything, and the young know everything." Oscar Wilde

When a club does a deal with a ground for home games they don't get paid a fixed amount by the ground at the end of each year. The "deal" that was done between CFC and Telstra Dome was said to be the same as Essendon*'s. That may still be the case and if we drew the same crowds they have over the last three years then at a guess we'd be receiving the same return.

We have had crap crowds for ages now and the "deal" in these cases is usually a percentage split over a certain crowd figure. I'm happy to be proven wrong but I'll be surprised if identical crowd figures for Carlton and Essendon* didn't produce identical $ figures.

_________________
“When a clown moves into a palace, he doesn't become a king. The palace turns into a circus.”
Turkish Proverb

My thoughts for what the're worth...stripping away all the fluff, it leaves the irrefutable fact that the Club is in a degree of financial bother at this point in time with a $7m debt. Even before the changing of the gaurd, the Club's cashflow position was improving.

that's history...now...

The election and numerous, welcomed developments both on and off the ground, can only accelerate our improving financial position.

The keys to the future are in equal measure :

1. on-field success,
2.off field organisational strength and
3. solid governance & strategic focus by the Board

I think the Club is (albeit early stages) on the way to securing its rightful place in the pecking order.

_________________
NG
S M C , S F L

PEC-KINGGGG................!


kindest regards tommi

_________________
that'siti'mnotchangingthistagain......!

I guess Fatprick knows a thing or two about heavyweights...

Wholeheartedly agree JackWorrall. Even when trying to factually report on Carlton's financials he still can't stop inserting his inane and immature jibes.

And he solely compare us with the two most successful off field clubs in the AFL. What about the 13 other clubs Patrick?

Honestly, what a fat resentful unprofessional prick.

That's who I compare us with...

_________________
“When a clown moves into a palace, he doesn't become a king. The palace turns into a circus.”
Turkish Proverb

_________________
"The old believe everything, the middle-aged suspect everything, and the young know everything." Oscar Wilde

Because of the absolute mis-management of club affairs in the latter years of the Elliott regime the AFL (Samuels & co.) were smart enough to financially & politically maneuver themselves into a totally dominant position over us.
Basically, we had no option but to fall into line with their agendas.

With RP now at the helm at CFC, we can now move on from that dreaded position.

_________________
There's so much I could say...

Is that Two Solelys............?


kindest regards tommi

_________________
that'siti'mnotchangingthistagain......!

_________________
And so while others miserably pledge themselves to the pursuit of ambition and brief power, I will be stretched out in the shade, singing.

Holey Soley Giant guacomale.

_________________
Oompa loompa doompety dee
If you are wise you'll listen to me

What have we DONE.............!


kindest regards tommi

_________________
that'siti'mnotchangingthistagain......!

Yup, Swann would have asked about the state of the club before accepting the position and made himself informed, both through asking questions and through publicly available materials.

In fact, I'd go so far as to say that he probably thinks of our current situation as a whole heap of opportunities that are ripe for the picking. We are underweight in every aspect of our clubs finances. It'll be much easier to get our revenue to $40 million than Collingwoods to $50 million. He knows how to do it, he knows the current market worth of a leading clubs revenue streams and what we should be receiving and he'll have contacts to make it happen.

Throw in the commitment of the new board and the resources that Pratt will make available and I think we'll be earning $30 million within 2-3 years and $35-40 million within 5 years. The leading clubs may have increased by then, but in percentage terms we'll be a hell of a lot closer to the leading (Victorian) clubs revenue.

Smith is just pissed off that nothing new has come out about Carlton in a negative sense (omitting the player behaviour stuff) since the election.

I'd say that is the whole basis for the story.

It's not newsworthy (Swann was signed over a week ago), we've had a positive month on field, and arguably an even more positive one off it.

The only possible reason Smith could have for writing that article is that he's scared. Shit scared. He's coming the realisation that all his vitriol of the past 4 years at least will be thrown back in his face sooner rather than later.

As a club we've deserved criticism (we've dished out more than any journo has on this site alone)! but no one takes their eye off the ball more than Smith.

He's a hack journo who sees himself more as celebrity than reporter, and the sooner he has to endure week after week of on field dominance from the boys in navy blue the better.

I'm now confident that era will come long before he hits retirement age. I wasn't so certain this time last year. And nor was he.

It frightens him.

What I find interested about our TD deal was how any of us knows whether it was same as Essendon*'s?

Who would divulge that type of information to anyone related at Carlton?

Did Collo tell the Board that the deal is the same as what the Scum was getting?

Was that not a breach of his role as CEO of the Dome?

Collo has really been left un-tainted with everything that has happened to the club in the past few years, which I find extraordinary.

_________________
“It is a state of mind, a system of belief, a way of seeing the world, a deep faith that, because you are Carlton, you belong to something great.” - Mike Fitzpatrick articulating what Out of the Blue means.

[And despite Carlton's much-hyped move to Telstra Dome, no club makes less money from its stadium deal than the Blues. West Coast's Subiaco home drives a net return of $12m. Eddie McGuire has wheeled and dealed to get just under $12m for the Magpies.Carlton pulls in less than $5m.]

Yes Collins is all heart for Carlton, bullqwak he always thought about himself remember he was partly responsible for Greg Williams getting 9 weeks and it was Collins who urged the AFL to hand Carlton the fines before the Season start, causing us to loose Goddard and Wells.

Or was it because the AFL wanting Carlton at Telstra Dome permanently and at the same time cripple us enough so no matter when Collo finish his job at Carlton no other President will be able to get us back to Princess Park.

I love the Dome, it IS the best sports stadium in the country. Fev loves it too and always kicks a bag of goals, everyone gets a good seat to see the game and the medalian clubs is fantastic, so what's the problem?