nice one Tommi - remember the days when you could mark down 6 goals for a 3rd quarter....

What a load of garabge - I want to see a plan on how the club intends to sell itself.

This is similar to the rubbish that we heard from last years review that the coaching department was doing a good job...please!!!

"the goals for 2005 were all met"

can someone remind me please what were these again ??

BUY YOUR MEMBERSHIP NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Going Concern
As at 31 October 2005 the Carlton Football Club Limited has a current asset
deficiency of $3,817,150 and a net asset deficiency of $3,825,332.
The accounts have been prepared on the basis that the Carlton Football Club Limited is a going concern. The appropriateness of adopting this
basis is dependent on the Club being able to successfully generate
sufficient funds through membership, sponsorship, fundraising,
gate receipts and other sources, including those matters specifically
noted below, to meet its debts as and when they become due and
payable and to continue to fund its ongoing operations.
Not withstanding the current asset deficiency and net asset deficiency of the Club, the directors believe that the application of the going
concern basis of accounting is appropriate due to the following
mitigating factors:
• Ongoing support of the Football Club’s bankers and Australian Football
League (AFL). The AFL support is in the form of a re-direction order for 12
months of future AFL distributions to be paid direct to the Club’s bankers,
National Australia Bank (NAB), in exchange for a $4m facility. The facility
was renewed (restated to $4m) for a further 12 months upon written notice
by Carlton and the AFL to the NAB on 15 October 2005. The Club also has
the opportunity to avail itself (upon AFL acceptance of the Club submission)
of AFL financial assistance via an Annual Special Distribution and/or a
Facility Development Reserve.
• The Club will receive payments from the AFL during the next financial year under agreements which involve settlement of existing contracts and
includes rights for Carlton Football Club re-locating home games away from Optus Oval.
• Expected increase in ongoing cashflows as a result of the above mentioned agreement through increased match returns, corporate
sales and sponsorship.