Financial situation of the clubs

@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

We survive off the backs of misery. I know people who have committed suicide due to pokie addiction.
Worse than drugs or alcohol because there is no limit to the damaged caused. It saps your soul.
You can only take so many drugs or drink so many before you're sick. Pokies are only limited by your access to money.
I've seen a guy put a house in Balmain through the pokies in under 6 months.

I despise them.
 
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.
 
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?
 
@matchball said in [Financial situation of the clubs](/post/1073900) said:
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

We survive off the backs of misery. I know people who have committed suicide due to pokie addiction.
Worse than drugs or alcohol because there is no limit to the damaged caused. It saps your soul.
You can only take so many drugs or drink so many before you're sick. Pokies are only limited by your access to money.
I've seen a guy put a house in Balmain through the pokies in under 6 months.

I despise them.

I don't disagree with any of that, but it is not going to change, without pokies there would be no Wests Tigers!
 
@OzLuke said in [Financial situation of the clubs](/post/1073903) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?

Got me baffled. Why keep the license? Its like theres no ambition to succeed.
 
@gallagher said in [Financial situation of the clubs](/post/1073905) said:
@OzLuke said in [Financial situation of the clubs](/post/1073903) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?

Got me baffled. Why keep the license? Its like theres no ambition to succeed.

leagues club invests in team....team succeeds....brings in more sponsor dollars....more attendance at leagues clubs....more juniors want to play....but then what do I know?
 
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.


The JV agreement has always been the partner cover the operating loss of the Wests Tigers...

Spending more on the football department won't necessarily provide success on the field..

Spending smarter will..
 
@gallagher said in [Financial situation of the clubs](/post/1073905) said:
@OzLuke said in [Financial situation of the clubs](/post/1073903) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?

Got me baffled. Why keep the license? Its like theres no ambition to succeed.

The only logical reason would be the money they have pumped into clearing up Balmain's debts Maybe they will inject more once those expenses are cleared up?
 
@cochise said in [Financial situation of the clubs](/post/1073908) said:
@gallagher said in [Financial situation of the clubs](/post/1073905) said:
@OzLuke said in [Financial situation of the clubs](/post/1073903) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?

Got me baffled. Why keep the license? Its like theres no ambition to succeed.

The only logical reason would be the money they have pumped into clearing up Balmain's debts Maybe they will inject more once those expenses are cleared up?

Yeah possibly. Hopefully.
 
@gallagher said in [Financial situation of the clubs](/post/1073909) said:
@cochise said in [Financial situation of the clubs](/post/1073908) said:
@gallagher said in [Financial situation of the clubs](/post/1073905) said:
@OzLuke said in [Financial situation of the clubs](/post/1073903) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.

I was the same.....wouldn't you throw money in to amp the place up not to just keep treading water?

Got me baffled. Why keep the license? Its like theres no ambition to succeed.

The only logical reason would be the money they have pumped into clearing up Balmain's debts Maybe they will inject more once those expenses are cleared up?

Yeah possibly. Hopefully.

makes sense
 
@Geo said in [Financial situation of the clubs](/post/1073907) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.


The JV agreement has always been the partner cover the operating loss of the Wests Tigers...
So your understanding is that if the football club makes a profit then the leagues club won't contribute financially for that year?
 
@gallagher said in [Financial situation of the clubs](/post/1073911) said:
@Geo said in [Financial situation of the clubs](/post/1073907) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.


The JV agreement has always been the partner cover the operating loss of the Wests Tigers...

So your understanding is that if the football club makes a profit then the leagues club won't contribute financially for that year?

Yes ...if monies rased in Corparate sponsorships memberships etc etc cover the operating cost of the Wests Tigers ..the owner have no need to cover a loss...

Spend more than you make the owners make up the loss...
 
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

Very true, but I like knowing that we are self sufficient also so we aren't asking our owners to fuel us with gambling money. Aren't you?

Just because it is the way it is I don't have to be comfortable with it. Would much rather Ashfield be an owner in a supervisory capacity and the club covers its own operating expenses.
 
@Geo said in [Financial situation of the clubs](/post/1073912) said:
@gallagher said in [Financial situation of the clubs](/post/1073911) said:
@Geo said in [Financial situation of the clubs](/post/1073907) said:
@gallagher said in [Financial situation of the clubs](/post/1073901) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

I didn't know that the owners only contributed when we make a loss. I don't understand why they would put in $2mil to cover a loss but not chuck in $2mill to take us up to the next level as a club.


The JV agreement has always been the partner cover the operating loss of the Wests Tigers...

So your understanding is that if the football club makes a profit then the leagues club won't contribute financially for that year?

Yes ...if monies rased in Corparate sponsorships memberships etc etc cover the operating cost of the Wests Tigers ..the owner have no need to cover a loss...

Spend more than you make the owners make up the loss...

Cheers , I didn't know that. I guess what we have been for the last 20 years will continue.
 
@Geo First thing no joint venture any more really wish the club would put this right ! ... I always understood money buys good players ... money buys good coaches and assistants ... money buys good facilities ... so why bother spending more money , yep 9 th position seems to be the ok level a lot here think is ok !
 
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073914) said:
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

Very true, but I like knowing that we are self sufficient also so we aren't asking our owners to fuel us with gambling money. Aren't you?

Just because it is the way it is I don't have to be comfortable with it. Would much rather Ashfield be an owner in a supervisory capacity and the club covers its own operating expenses.

I get what you are saying and agree with the dislike of pokies, whether WA funds Wests Tigers or not they are going to be making the same amount of money from their pokie licenses. The club receiving none of that money doesn't change the fact that they are making millions off the less fortunate. That money is gone from those people no matter if we use it or not.

But I do agree with your points.
 
Its pretty obvious to anyone from the outside living in the world of logic that Penrith, Parra, Dogs and Tigers should merge to create a powerhouse Western Sydney franchise................Pity about those emotions though.
 
@cochise said in [Financial situation of the clubs](/post/1073924) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073914) said:
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

Very true, but I like knowing that we are self sufficient also so we aren't asking our owners to fuel us with gambling money. Aren't you?

Just because it is the way it is I don't have to be comfortable with it. Would much rather Ashfield be an owner in a supervisory capacity and the club covers its own operating expenses.

I get what you are saying and agree with the dislike of pokies, whether WA funds Wests Tigers or not they are going to be making the same amount of money from their pokie licenses. The club receiving none of that money doesn't change the fact that they are making millions off the less fortunate. That money is gone from those people no matter if we use it or not.

But I do agree with your points.

Yeah I'm aware of that but I think that its certainly a lesser of two evils to not rely on it. Very high moral course to take I know but I'd be a lot more comfortable knowing we're not being funded by people's addictions.

Can't be sponsored by cigarette companies anymore, unsure as to why alcohol and gambling haven't been lumped in the same basket (I drink and occasionally have a punt on a big horse race.)
 
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073929) said:
@cochise said in [Financial situation of the clubs](/post/1073924) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073914) said:
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

Very true, but I like knowing that we are self sufficient also so we aren't asking our owners to fuel us with gambling money. Aren't you?

Just because it is the way it is I don't have to be comfortable with it. Would much rather Ashfield be an owner in a supervisory capacity and the club covers its own operating expenses.

I get what you are saying and agree with the dislike of pokies, whether WA funds Wests Tigers or not they are going to be making the same amount of money from their pokie licenses. The club receiving none of that money doesn't change the fact that they are making millions off the less fortunate. That money is gone from those people no matter if we use it or not.

But I do agree with your points.

Yeah I'm aware of that but I think that its certainly a lesser of two evils to not rely on it. Very high moral course to take I know but I'd be a lot more comfortable knowing we're not being funded by people's addictions.

Can't be sponsored by cigarette companies anymore, unsure as to why alcohol and gambling haven't been lumped in the same basket (I drink and occasionally have a punt on a big horse race.)

We are reliant on it though!
 
@cochise said in [Financial situation of the clubs](/post/1073930) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073929) said:
@cochise said in [Financial situation of the clubs](/post/1073924) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073914) said:
@cochise said in [Financial situation of the clubs](/post/1073899) said:
@Cultured_Bogan said in [Financial situation of the clubs](/post/1073897) said:
@gallagher said in [Financial situation of the clubs](/post/1073881) said:
Cheers for the link. Im actually surprised we're as high as 9th in spending. But why isn't WA contributing anymore? A couple of mill a year and we're spending similar to souths and the chooks.

Pretty sure leagues club only kicks in when we run in the red.

Interesting to note only one "one town team" recorded a loss (Canberra.) Pretty good going that were running a profit with only the Bunnies the other Sydney team to record a profit.

I know it doesn't always mean you're doing the right things on the field but for the longest time we were garbage on the pitch and the front office. I like knowing we're aren't always reliant on proceeds of gambling.

We are owned by the proceeds of gambling!

Very true, but I like knowing that we are self sufficient also so we aren't asking our owners to fuel us with gambling money. Aren't you?

Just because it is the way it is I don't have to be comfortable with it. Would much rather Ashfield be an owner in a supervisory capacity and the club covers its own operating expenses.

I get what you are saying and agree with the dislike of pokies, whether WA funds Wests Tigers or not they are going to be making the same amount of money from their pokie licenses. The club receiving none of that money doesn't change the fact that they are making millions off the less fortunate. That money is gone from those people no matter if we use it or not.

But I do agree with your points.

Yeah I'm aware of that but I think that its certainly a lesser of two evils to not rely on it. Very high moral course to take I know but I'd be a lot more comfortable knowing we're not being funded by people's addictions.

Can't be sponsored by cigarette companies anymore, unsure as to why alcohol and gambling haven't been lumped in the same basket (I drink and occasionally have a punt on a big horse race.)

We are reliant on it though!

I believe being owned by them and being funded by them are two entirely different things.
 

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