MARINERS TURN A PROFIT!

[dibo]

but depreciation can

Exactly, you can expense depreciation. This is where accountants can get creative and design "interesting" depreciation schedules.

and the ATO routinely belts people about for the more interesting schedules too.

it's probably fair to say that the club is probably happy just to be in a position to think about a tax bill!

 

[Jesus]

Agreed. Is absurd really that we are the second team in the black though.

 

[FFC Mariner]

but depreciation can

Exactly, you can expense depreciation. This is where accountants can get creative and design "interesting" depreciation schedules.

Coughs, Enron,Worldcom anyone.

 

[Paolo]

http://au.fourfourtwo.com/news/115926,aleague-snub-for-roberto-carlos.aspx

But with crowds down and only two A-League clubs (Central Coast and Melbourne) said to be turning a profit, times are tough for most clubs.

Found this paragraph in 442 article. Quite interesting, does the two games in $Canberra$ have alot to do with the profit we MAY be turning?

 

[dibo]

http://au.fourfourtwo.com/news/115926,aleague-snub-for-roberto-carlos.aspx

But with crowds down and only two A-League clubs (Central Coast and Melbourne) said to be turning a profit, times are tough for most clubs.

Found this paragraph in 442 article. Quite interesting, does the two games in $Canberra$ have alot to do with the profit we MAY be turning?

i think they're just two years behind the play.

 

[marinermick]

http://au.fourfourtwo.com/news/115926,aleague-snub-for-roberto-carlos.aspx

But with crowds down and only two A-League clubs (Central Coast and Melbourne) said to be turning a profit, times are tough for most clubs.

Found this paragraph in 442 article. Quite interesting, does the two games in $Canberra$ have alot to do with the profit we MAY be turning?

i think they're just two years behind the play.

i think so too

today's terrograph article by john taylor has all clubs making a loss

mind you, it is the terrorgraph

 

[fedelta]

except in the graphic associated with that article it says our crowds increased from 10k to 7k..

 

[elevated position]

It would be interesting to see the financial statements just to see how much has to be tipped in each year to stay viable.And who is tipping in.
A couple of thoughts I had about the apparent lack of spectator growth could be (1)The A League is only on Fox and (2) The constant criticism/opinion of the commentators as to the standard of the game.

 

[Wombat]

Even though our crowds have been average this year we are still the best supported club (per capita) in the country and we don't exactly splash our cash on players.
Also we got $800K for Jedi and $200k for giving up 2 home games....all in all good reason for us to make a profit.

 

[Roy Law]

I reckon at best we are breaking even, which is pretty good. I'm quite happy for us not to get into financial trouble,I prefer we manage the best with what we can afford.

 

[midfielder]

It would be interesting to see the financial statements just to see how much has to be tipped in each year to stay viable.And who is tipping in.
A couple of thoughts I had about the apparent lack of spectator growth could be (1)The A League is only on Fox and (2) The constant criticism/opinion of the commentators as to the standard of the game.

The constant criticism does hurt... a mate that works for a marketing company thats does stuff for the AFL... He says people in NSW & QLD have no idea how hard the AFL work to keep there member numbers ... Say a team has 40, 000 members ... each year they loose a tad more than 10% or 4, 000 ... meaning they need to attract another 4, 000 just to keep it the same..

Some of the 10% that leave never come back, come back in a couple of years some in a few years.. However he says the constant media attention and mostly positive helps a lot ... bad news around the time of membership renewals is not good he says.. 

 

[elevated position]

Does anyone know the membership numbers per year for the 5 seasons

 

[MrCelery]

I think that anyone believing that A-League clubs are turning a profit must also believe in fairies.

Sounds like a bit of creative accounting to me.

If measured purely on incomings and outgoings for football activities I reckon we'd be in the red. But if 'CCM Inc.' is bigger than football, and is pulling other revenue streams, then fair enough.

How big is 'CCM Inc.'?