Club Ownership

[Ancient Mariner]

I wonder whether MC has employed Sean on a pro rata basis to negotiate with the alleged investors..

 

[pjennings]

At the end of the day there are very few 'investors' in football. Just benefactors.

 

[adz]

At the end of the day there are very few 'investors' in football. Just benefactors.

I might be looking at this the wrong way but I don't see why it needs to be like this.

I think that in general you can't expect a football club to make money purely on its football operations, and that's what you probably mean, and what we generally talk about. So then why not expand the business to other opportunities?

Look at the other codes in Australia, they have interests in licenced venues so thats money coming in from pokies etc. Our stance on gambling probably contradicts this approach but there must be more revenue streams to consider.

At the end of the day nobody should expect to make any money or even break even by setting some unrealistic KPI on bums on seats at the games or hat sales alone.

So you would think other opportunities would be considered?

 

[greenlig]

Been wondering this too 👆

 

[FFC Mariner]

I might be looking at this the wrong way but I don't see why it needs to be like this.

I think that in general you can't expect a football club to make money purely on its football operations, and that's what you probably mean, and what we generally talk about. So then why not expand the business to other opportunities?

Look at the other codes in Australia, they have interests in licenced venues so thats money coming in from pokies etc. Our stance on gambling probably contradicts this approach but there must be more revenue streams to consider.

At the end of the day nobody should expect to make any money or even break even by setting some unrealistic KPI on bums on seats at the games or hat sales alone.

So you would think other opportunities would be considered?

Like the original COE concept before it was turned into a private property deal?