4thchicken wrote:
TheDuke - I'm not saying the elliot isnt at fault - but I dont think he is solely to blame. Part of it though really depends on timeframes (which I'm not privvy to atm) but as examples
1. Whether TD was built/slated to be built when the legends stand was intially planned/construction commenced
2. When the AFL decided that OO wasnt a viable venue
3. When the other clubs decided to move from windy hill, vic park etc to TD
I'd like to have that info so I can comment further but unfortunately dont have it at my fingers atm
Re: Collo's comments - what he doesnt mention is that the assets dont match that because they have chosen to write down the assets. Under a normal scenario (normal depreciation rates), the CFC assets would probably cover the liabilities - Again I say, its mainly an accounting issue.
Jack's book, My Sporting Life, is going for $10 at Angus & Robertson. I'm almost done reading and all those questions are answered in it.
He also makes some interesting observations regarding the re-structuring of contracts to Whitnall, Kouta, Campo and Lappin and basically predicted there would be issue's with those players when it came time to re-new their contracts.