dannyboy wrote:
sadly John it seems results must come now - now wonder Elliott espoused the 'we never rebuild' philosophy - look at what happens when we do rebuild, A game against Richmond changes the club forever.
well you tell me what he is saying then
http://www.heraldsun.news.com.au/footy/ ... 42,00.html
http://www.heraldsun.news.com.au/footy/ ... 42,00.html
http://www.realfooty.theage.com.au/real ... 77385.html
Such a membership shortfall would result in about
$1 million in lost revenue and Smorgon said this would contribute to a "cash-flow negative" and the
need to work closely with the AFL.
"Carlton has a debt of $6 million-$7 million. We are going to be cash-flow negative this year.
No business can survive under those circumstances," Smorgon said.
"We have co-operated with the AFL to allow an independent review of those finances and that is underway as we speak and once that is done the board of the Carlton Football Club will … discuss with the AFL what our options are. But clearly we have to do it with them and we will."
Smorgon said the success of Carlton and other clubs was "all about membership" and on the back of a wooden spoon in 2005, the Blues were facing a massive downturn in memberships.
"No club can survive without vitality and expanding membership. Last year we had 33,000, which was a record. We currently are at 25,000. I would expect and hope that if we win the next game or two in a row that that might jump to 27,000-28,000 but I don't think we are going to get to our budget," he said.
"And unfortunately that means a drop in the income of the club and without those members there is not much we can do."
You dont have to be t o smart to read inbetween the lines here