Financial situation of the clubs

[cochise]

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.

If the pokies were outlawed what do you believe would happen?

 

[Cultured_Bogan]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

 

[cochise]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

It is the point though, Wests Tigers would cease to exist without the pokies so the club is reliant on them!

 

[Geo]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

It is the point though, Wests Tigers would cease to exist without the pokies so the club is reliant on them!

Wests Ashfield have over 600million in property assets......poker machines is only a part of their wealth...

 

[gallagher]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

It is the point though, Wests Tigers would cease to exist without the pokies so the club is reliant on them!

Wests Ashfield have over 600million in property assets......poker machines is only a part of their wealth...

So they are worth more than that Maserati guy. I wonder why he didn't throw money our way?

 

[jirskyr]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

It is the point though, Wests Tigers would cease to exist without the pokies so the club is reliant on them!

Wests Ashfield have over 600million in property assets......poker machines is only a part of their wealth...

You can't spend property assets without realising them, so in terms of cash flow they are only helpful if there is an ongoing rental income.

 

[colinbh]

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.

Don’t play them then!!!

And by the way, it’s none of your business if people like to play them.

 

[jirskyr]

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.

I think is the goal of the Wests Tigers to be self reliant!

Yeah, that's often stated but I'd rather an onfield goal as a priority.

Anyone going to give Pascoe kudos for Tigers running a profit this year, two years in a row? One of only 8 sides and only the second Sydney team.

 

[jirskyr]

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.


Don’t play them then!!!

And by the way, it’s none of your business if people like to play them.

That's pretty short-sighted of you actually. Gambling addiction being a huge issue and saying "just don't play them" doesn't work for addicts.

An estimated 0.5-1% of the population experiences serious gambling addiction, with another 1% having moderate risk.

In 2014, of all States in the world, NSW has the highest total of poker machines behind only Nevada (i.e. Las Vegas).

NSW Clubs made a total net profit from poker machines of almost $2B between Dec 2017 and May 2018 (i.e. over 6 months). Total profits in the year to date 2019 for all NSW pubs and clubs is $6.5B, which is more than the GDP of Fiji.

 

[Tim Sheens]

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.

I think is the goal of the Wests Tigers to be self reliant!

Yeah, that's often stated but I'd rather an onfield goal as a priority.

Anyone going to give Pascoe kudos for Tigers running a profit this year, two years in a row? One of only 8 sides and only the second Sydney team.

As long as our state government is profiting from misery, it is very much our business.

 

[Cultured_Bogan]

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.

If the pokies were outlawed what do you believe would happen?

What's pokies being outlawed got to do with anything? They would cease to exist, that's not the point I am making. Most rugby league clubs are owned or underwritten by leagues clubs.

Anyway, as I said, supervisory capacity and contributing money directly are two very different things to me.

It is the point though, Wests Tigers would cease to exist without the pokies so the club is reliant on them!

Ugh I'm done arguing the point. I acknowledge what WA are, I know how they amass their profits. Not having those profits directly contribute to us is better than taking pokie money is all I am saying.

 

[Snake]

@Geo Actually that figure would be conservative in the Ashfield area ... the greens have also been blocking WA from building and consolidating other incomes for years other than pokies ... the guys bemoaning about the reliant on pokies should start looking at the left of politics that for the only reason of greed for themselves introduced pokies to pubs , and the socialists that stop development to help ease the burden of the gambling epidemic!!!!!

 

[Cultured_Bogan]

@Geo Actually that figure would be conservative in the Ashfield area ... the greens have also been blocking WA from building and consolidating other incomes for years other than pokies ... the guys bemoaning about the reliant on pokies should start looking at the left of politics that for the only reason of greed for themselves introduced pokies to pubs , and the socialists that stop development to help ease the burden of the gambling epidemic!!!!!

Even if the club wasn't funded by a leagues club, I would want them to be financially viable in their own right.

 

[Elderslie_Tiger]

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.

Did the Bunnies record a profit or us Rusty proping them up.

 

[gallagher]

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.

Did the Bunnies record a profit or us Rusty proping them up.

$1.6mill without Rusty

 

[oldprop]

Congratulations to everyone involved in achieving these important results. This will make us stronger.

 

[Bones]

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.

I think is the goal of the Wests Tigers to be self reliant!

Yeah, that's often stated but I'd rather an onfield goal as a priority.

Anyone going to give Pascoe kudos for Tigers running a profit this year, two years in a row? One of only 8 sides and only the second Sydney team.

I wouldn’t count on it.

 

[Russell]

I'll give him Kudos - everyone is very quick with the brickbats if they think he is dot doing the right thing.
Can't have it both ways peeps.

 

[happy_tiger]

Well these figures should have players crawling out of the woodwork to come play with us ......won't it ?????????????????????????????????

 

[Deleted member 3518]

@Geo with the new COE , only a percentage of the overall cost is coming from the government. I’m not sure , but wasn’t it 20 mil ? And didn’t Pascoe say the COE would cost 50 ? Where is that money coming from , as I’m pretty sure the Tiggers don’t have 30 mil lying around . I do agree with your overall idea though . If you reduce costs , most owners tend to want you to hit tjay budget for the next financial year .