Holy shyte, we are $11M in debt!

This unofficial St Kilda Saints fan forum is for people of all ages to chat Saints Footy and all posts must be respectful.

Moderators: Saintsational Administrators, Saintsational Moderators

Vazelos
Club Player
Posts: 1261
Joined: Sun 12 Sep 2010 1:17am
Has thanked: 12 times
Been thanked: 317 times

Re: Holy shyte, we are $11M in debt!

Post: # 1653449Post Vazelos »

In Seaford when you say we own it I think it's just the lease as the council owns the land so what do we really own there?
Can we sublease it out for more than what we are leasing it for?
I don't see that as a major asset.
We have a poor stadium deal that needs to be fixed asap now the AFL own the stadium.
Revenue has always been a problem, Membership and Sponsorship are not at the levels of other clubs.
On field success plays a huge role, the near misses of the last 20 years in 1997, 2004/5 and 2009/10 have cost us dearly with new generation supporters. St Kilda girl, burning dwarf didn't help either.
This is the best administration we have had in my time so I hope they can turn things around when Moorabbin is built and we have a great facility to call home. It will put us up with everyone else for facilities.


Post Reply