Blues to receive profits from 9 hotels (Or not...)

Mordan · **Posted:** Fri Jun 15, 2007 7:27 pm

Just reported by Tiff Cherry on the SEN pre-game that she was at the president's dinner before the game and Pratt announced that 9 hotels had been bought (not by him) by a benefactor and Carlton will receive the profits.

Awesome news that the club has been given a jump start in generating non-football related income streams. Thanks to the mystery benefactor.

camel · **Posted:** Fri Jun 15, 2007 7:30 pm

Wow, good news. More details to follow shortly I guess.

kennyhunter · **Joined:** Mon Feb 28, 2005 4:35 pm **Posts:** 2434

Club will get revenue from nine pubs - bought/provided by a supporter (guess who :-D

).
Pratt said the deal would generate ``millions'' for the club.
Some directors and other wealthy backers will also put some money in.
He also said about $8 million had been paid off the debt. That and the record membership meant Dicky was crowing!!!
Let's hope we all are later tonight.

kennyhunter · **Joined:** Mon Feb 28, 2005 4:35 pm **Posts:** 2434

he also said there would be no ""downside risk or liability"" for the club. :-D

camel · **Posted:** Fri Jun 15, 2007 8:15 pm

We might turn a profit this year if we're not careful. :lol:

Jarusa · **Joined:** Sat Feb 26, 2005 9:00 am **Posts:** 23123

Mathieson?

The talk was 2 pubs last year, 9 pubs is fantastic.

I'd like to know where they are so I can do my bit to help.

kennyhunter · **Joined:** Mon Feb 28, 2005 4:35 pm **Posts:** 2434

kennyhunter wrote:

Club will get revenue from nine pubs - bought/provided by a supporter (guess who :-D

).
Pratt said the deal would generate ``millions'' for the club.
Some directors and other wealthy backers will also put some money in.
He also said about $8 million had been paid off the debt. That and the record membership meant Dicky was crowing!!!
Let's hope we all are later tonight.

Or .... maybe not :oops:

JohnM · **Posted:** Fri Jun 15, 2007 10:07 pm

Give a man a fish, and you feed him for a day.

Teach a man to fish, buy him a fleet of deepsea fishing trawlers, a canning facility and a guaranteed distribution deal with Tesco and you feed him for life.

Nice work RP, BM and Co. :idea:

Mark J · **Posted:** Fri Jun 15, 2007 11:18 pm

How many do the Pies control?Lets stick it up em!

George Harris · **Posted:** Fri Jun 15, 2007 11:23 pm

Fantastic!

A choice of 9 places to drown our sorrows each week...

tap in 79 · **Joined:** Fri Mar 04, 2005 10:58 am **Posts:** 2141

Great news.

Thank you Richard and Bruce and others for all your efforts into getting Carlton back on track.

Now we can spend more on the science of recruiting the right players I hope.

Andain · **Posted:** Fri Jun 15, 2007 11:26 pm

JohnM wrote:

Give a man a fish, and you feed him for a day.

Teach a man to fish, buy him a fleet of deepsea fishing trawlers, a canning facility and a guaranteed distribution deal with Tesco and you feed him for life.

Nice work RP, BM and Co. :idea:

Great news. Alternative revenue strands are just what the club needs and just what the club hasn't been able to afford over the last few years.

$8 million of debt already wiped, even better news. We were in debt for $8.5 million correct? Astonishing that it's almost completely gone in half a year. Dick Pratt is working miracles. :shock:

4thchicken · **Joined:** Tue Mar 01, 2005 12:44 am **Posts:** 3136

kennyhunter wrote:

He also said about $8 million had been paid off the debt.

hmmm... by my calculations that would make us debt free? (including the AFL loan) - might be off by 500k or so but I'm pretty sure the figure was around that mark

Shakin77 · **Posted:** Fri Jun 15, 2007 11:40 pm

Any of these pubs open? Would murder a beer or twelve right about now. :cry:

Great news!

Orangewhip · **Joined:** Thu Mar 31, 2005 9:00 am **Posts:** 6154

SSSSSSSSS...SASQUATCH

Bunks · **Posted:** Sat Jun 16, 2007 2:10 am

A little bit of good news after a disappointing Friday night.

http://realfooty.com.au/news/news/blues ... 49895.html

Bunks · **Posted:** Sat Jun 16, 2007 2:11 am

Love this line from Dick:

"To all the members, I say: thank you for playing your part, thank you for keeping the faith even through the last few difficult years. We expect to repay that faith, with interest, and it won't be a question of if, but when."

ScottSaunders · **Posted:** Sat Jun 16, 2007 8:14 am

Jarusa wrote:

I'd like to know where they are so I can do my bit to help.

its the carlton thing to do

Wild Blue Yonder · **Posted:** Sat Jun 16, 2007 9:12 am

and the profits will be tax deductible as they are going to a charity - or a basketcase.

Chitty's Finger · **Posted:** Sat Jun 16, 2007 10:15 am

kennyhunter wrote:

Club will get revenue from nine pubs - bought/provided by a supporter (guess who :-D

).
Pratt said the deal would generate ``millions'' for the club.
Some directors and other wealthy backers will also put some money in.
He also said about $8 million had been paid off the debt. That and the record membership meant Dicky was crowing!!!
Let's hope we all are later tonight.

kenny the Age article says that this will help us get debt free, not that the debt had been paid off. Do you know any more?

Blues to receive profits from 9 hotels (Or not...)

Who is online