Clubs inform to cut Footy Dept Spend

[Stig]

Reliably informed today that all clubs will need to reduce footy department spend by $5m . So you will find some assistants and Player Development will need to made redundant and others take huge pay cuts

 

[craig]

I wonder if Figgywood will keep the copycoach who reports back all happenings at the RFC to them.

 

[tigersnake]

Wonder if the AFL boss will cut his polo pony spend

 

[TigerForce]

Wonder if the AFL boss will cut his polo pony spend

He said he will take a paycut too....

 

[seven]

Blake caramel cut from essendrugs?

 

[Dont Argue]

Blake caramel cut from essendrugs?

Last in, first out

 

[DavidSSS]

Surely now the AFL can't afford that made up job for the rejected Scott brother? Maybe even the moron who's job is to mess with the game. That might even save $5million given their ridiculous salaries.

DS

 

[seven]

Just read the NRL are slightly *smile*.
not enough money in the bank to go through a year without any games.

 

[waiting]

Just read the NRL are slightly ******.
not enough money in the bank to go through a year without any games.

And the Premier came out and send dont ask for any handouts from us.

No cash here, no cash!

 

[seven]

And the Premier came out and send dont ask for any handouts from us.

No cash here, no cash!

Prime minister is a NRL man.
“No money guys, your at the bottom of the list. We have nothing for you NRL”
Whispers “when you get back to the office, there’s a white van in the car park. Check inside” wink wink.

 

[waiting]

Prime minister is a NRL man.
“No money guys, your at the bottom of the list. We have nothing for you NRL”
Whispers “when you get back to the office, there’s a white van in the car park. Check inside” wink wink.

Sorry Seven got it wrong.

PM

 

[frickenel]

There is going to be a lot of businesses not come out of the other side of this.

 

[caesar]

All RFC Aligned Leisure centres would have to close too surely contributing to our losses

 

[mrposhman]

There is going to be a lot of businesses not come out of the other side of this.

A very significant issue. Many businesses can sustain 1-2 months of costs without revenue, but much past that and they will be toast.

Personal belief is if the government insist on full shutdowns, then they must also present a massive stimulus package that supports jobs. That could be in the form of say paying 50% of wages for a 3 month period and the businesses cover the rest (some businesses may be shielded from the need for this). This will cost A LOT of money and would need to be funded most likely via quantitive easing but the cost of doing nothing to protect jobs would be much much larger in the event of a significant shut down. The potential impact of mass unemployment, pressure on mortgages and then on the housing market will cause significant economic and social issues, so IMO the government must act and act soon.

The crap they came up with last week was just that. Giving people that don't work $750 to spend, whilst giving nothing to workers achieves nothing. Even if those that got the $750 spend it all (they won't), the drop off in spending from workers due to the ongoing uncertainty will massively outweigh this. Need some strong leadership but if the "stimulus" package of last week is anything to go by, we might be in for a rough ride.

 

[Stig]

A very significant issue. Many businesses can sustain 1-2 months of costs without revenue, but much past that and they will be toast.

Personal belief is if the government insist on full shutdowns, then they must also present a massive stimulus package that supports jobs. That could be in the form of say paying 50% of wages for a 3 month period and the businesses cover the rest (some businesses may be shielded from the need for this). This will cost A LOT of money and would need to be funded most likely via quantitive easing but the cost of doing nothing to protect jobs would be much much larger in the event of a significant shut down. The potential impact of mass unemployment, pressure on mortgages and then on the housing market will cause significant economic and social issues, so IMO the government must act and act soon.

The crap they came up with last week was just that. Giving people that don't work $750 to spend, whilst giving nothing to workers achieves nothing. Even if those that got the $750 spend it all (they won't), the drop off in spending from workers due to the ongoing uncertainty will massively outweigh this. Need some strong leadership but if the "stimulus" package of last week is anything to go by, we might be in for a rough ride.

There isn’t any leadership
There is the problem

 

[seven]

Sorry Seven got it wrong.

PM

Ha!
No idea who was running the NRL 10 years ago but he suggested the league should bank 50 million each year as emergency funds. He was told no.

Those funds would be handy now

 

[Harry]

A very significant issue. Many businesses can sustain 1-2 months of costs without revenue, but much past that and they will be toast.

Personal belief is if the government insist on full shutdowns, then they must also present a massive stimulus package that supports jobs. That could be in the form of say paying 50% of wages for a 3 month period and the businesses cover the rest (some businesses may be shielded from the need for this). This will cost A LOT of money and would need to be funded most likely via quantitive easing but the cost of doing nothing to protect jobs would be much much larger in the event of a significant shut down. The potential impact of mass unemployment, pressure on mortgages and then on the housing market will cause significant economic and social issues, so IMO the government must act and act soon.

The crap they came up with last week was just that. Giving people that don't work $750 to spend, whilst giving nothing to workers achieves nothing. Even if those that got the $750 spend it all (they won't), the drop off in spending from workers due to the ongoing uncertainty will massively outweigh this. Need some strong leadership but if the "stimulus" package of last week is anything to go by, we might be in for a rough ride.

Seeing that all businesses will be impacted around the country and the world, a freeze or reduction on liability repayments to banks and suppliers would be required to cushion alot of the impact.

 

[D85]

AFL players have allegedly baulked at a 20% pay cut...

 

[TigerMasochist]

A very significant issue. Many businesses can sustain 1-2 months of costs without revenue, but much past that and they will be toast.

Personal belief is if the government insist on full shutdowns, then they must also present a massive stimulus package that supports jobs. That could be in the form of say paying 50% of wages for a 3 month period and the businesses cover the rest (some businesses may be shielded from the need for this). This will cost A LOT of money and would need to be funded most likely via quantitive easing but the cost of doing nothing to protect jobs would be much much larger in the event of a significant shut down. The potential impact of mass unemployment, pressure on mortgages and then on the housing market will cause significant economic and social issues, so IMO the government must act and act soon.

The crap they came up with last week was just that. Giving people that don't work $750 to spend, whilst giving nothing to workers achieves nothing. Even if those that got the $750 spend it all (they won't), the drop off in spending from workers due to the ongoing uncertainty will massively outweigh this. Need some strong leadership but if the "stimulus" package of last week is anything to go by, we might be in for a rough ride.

Last time the Govt ( KRudd ) did a stimulus handout to liven up the economy the pokie clubs did a booming trade for a week or two.

 

[craig]

And the Premier came out and send dont ask for any handouts from us.

No cash here, no cash!

Roger ....Nev