verbs wrote:
I wonder how long the NAB will support us for?
We definitely need someone to clear our debt. The only trouble is, can we be trusted not to max out our facility again?
We need $4mil (+ our 2006 loss) to get our net assets on an even level, and we need to maintain turnover of at least $20mil as a minimum to ensure an operating profit each year.
Let's hope we hear someone telling us how they are going to do this.
Verbs,
The AFL will give us more money this year due to the new TV rights kicking in and the fact that we are a poor club like the kangas, dees and dogs so we get extra to help us survive. This combined with our goal to be in the lowest quartile for expenditure in 2007 should see us through.
Your next question for Graeme S should be:
In the 2007 cash forecast what have you forecast with respect to the largest increase in cash inflows?
a/ increased sponsorship revenue
b/ white knight
c/ increase distribution from the AFL
d/ increase in membership/merchandise turnover.
When I was at school I was told in multiple choice questions when in doubt pick C
Now you tell me. I always went B
From that list I can see C and D as certain. The new clash jumper should raise a bit of dosh this year.
What i don't understand though is Graham Smorgon wanting to sign up new sponsors for $20-50k this year when he has had 8 months of 2006 to create the sponsorship bracket and fill it?
In March 2006 we signed numerours sponsors which TC members provided leaks of the signings probably around this time of year. Jan 2007 and we have no sponsor leaks just the promise of a target bracket Smorgon wants to fill. Is it just another political statement to appease the members? IMO yes.
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