new equalization plan.

[seven]

Agreed! However Collingwood is carrying a substantial debt form what I believe. Double the debt of the Tigers.

I believe Collingwood want to update their training facilities so thats why they are getting the cash, same with Essendon wanting to build a new facility.

 

[mark davey]

I reckon this is a real victory for RFC. Well done administration.

 

[tigertigertigertiger]

Could not have come at a better time for us.

A club full of kids,some will be superstars,new punt road training base,gym,pool ect,debt being reduced/wiped out,compromised drafts(harder for other clubs to draft a gun).

Perfect timing,can now afford to keep our kids when contracts expire,and in a year or two,can go and get a judd,who might actually want to come to our club.

I predict a very good next ten years..... :clap :clap :clap :clap :clap :clap :clap :clap :clap

 

[michael roach]

The moaning has started with the Hawks , Magpies and Cats bleating already . I would have thought that the Cats especially should keep their mouths shut as they get a massive freebie every year with a guaranteed 7 games at Skilled stadium at the expense of Footy supporters who can't get to see their team play .

The Hawks are an interesting one . Their financial success has a lot to do with the Tassie deal which you could argue is not much different to us selling games to Darwin and cairns . How rich will the Hawks be without that deal ?

The extra funding for Collingwood is evidently related to upgrades to the Westpac centre btw .

Geelong would have to be close to being the biggest recipients of government and other assorted handouts in the history of Australian sport.

They have received or will end up up receiving about $50 million in handouts for upgrading their stadium.

 

[Maxwell]

This worries me:

"Under the new agreement, the AFL will approve all key appointments at clubs and will hold the ability to conduct a detailed review of procedures if required."

 

[Maxwell]

This as well:

Depending on the circumstances the AFL reserves the right to take more serious action should clubs not adhere to the agreed

The underlining is on the original document. Looks like there are a number of strings attached.

http://mm.afl.com.au/portals/0/2011/finals/club_funding_presentation_260911.pdf

 

[Lennox Street]

This worries me:

"Under the new agreement, the AFL will approve all key appointments at clubs and will hold the ability to conduct a detailed review of procedures if required."

The AFL is not going to give Richmond $8m bucks and then watch as Benny Gale builds a giant statue of Britney Spears on Punt Rd Oval. Then rings up and says, we have run out of money we need more.

The fear is that a club would get $4m, pay off debt, but have a budget that was a $1m loss a year so that in 4 years they are back to where they started from.

So if you want AFL money; they have to sign off on your budgets. They don't want the farce of Port crying poor and sacking Williams and giving him a $1m of AFL money.

This as well:

Depending on the circumstances the AFL reserves the right to take more serious action should clubs not adhere to the agreed

The underlining is on the original document. Looks like there are a number of strings attached.

There is such a culture of victimisation at the hands of the AFL that everyone assumes they are trying to cripple the club. This sort of stuff helps protect us the fans from our our own club's administration.

If prevents a Clinton Casey deciding that we should spend $2m a year more than we have on some coach contract, player contract or new training facility and putting the club into the red and mortgaging our future or even potential survival.

This is the AFL saying; "Benny Gale do as you please but you do not have licence to send the club to the wall". Good day for footy fans.

 

[Sintiger]

Geelong would have to be close to being the biggest recipients of government and other assorted handouts in the history of Australian sport.

They have received or will end up up receiving about $50 million in handouts for upgrading their stadium.

That's true and they will continue to receive finds for the next upgrade which will hopefully allow more opposition supporters the chance to see games down there , that should be a condition of the funding imo . It needs to be remembered that we also have received a large amount of money from Federal , State and Local Government for the ME Bank Centre , Indigenous Institute and Craigeburn facility . It wouldn't be anywhere near $50 million but it's substantial .

The AFL is not going to give Richmond $8m bucks and then watch as Benny Gale builds a giant statue of Britney Spears on Punt Rd Oval. Then rings up and says, we have run out of money we need more.

The fear is that a club would get $4m, pay off debt, but have a budget that was a $1m loss a year so that in 4 years they are back to where they started from.

So if you want AFL money; they have to sign off on your budgets. They don't want the farce of Port crying poor and sacking Williams and giving him a $1m of AFL money.

That's correct . Extra funds for RFC are also earmarked just for debt reduction ( not the full $8 million but part of it) and that will be paid direct to the club's bankers not to the club . I don't have an issue with that at all.

 

[smasha]

The AFL have given us 8 mill which is a good thing for the club.

Now we wait for the catch.

 

[tigertigertigertiger]

My thoughts are the AFL should give each and every club,$1,000,000 every single year,to do with as they please ,no catch.

Then if certain clubs blow it,become insolvent ,then so be it,and if they fold/need to merge,then they have no-one to blame but themselves.
'
After all the AFL are making this huge money,for gates,TV rights ect,ect,on the back of all clubs.

Lets not forget,the AFL itself blows millions a year,that could be better spent elsewhere.

They should become more accountable as well.

 

[pahoffm]

Clearly, since the RFC has managed somehow to stuff up its poker licences, this is manna from heaven.

Finally the footy gods are looking after us in some way.

 

[U2Tigers]

Lets not forget,the AFL itself blows millions a year,that could be better spent elsewhere.

They should become more accountable as well.

And that is just on a few salaries.

 

[TOT70]

And that is just on a few salaries.

Now this is a good way to look at this.

WB and North are on the lion's share of 10.2 M over five years, roughly the same as Andy De over the same period.

I suppose our 8M makes us Adrian Anderson.

 

[Eat the rich]

The moaning has started with the Hawks , Magpies and Cats bleating already . I would have thought that the Cats especially should keep their mouths shut as they get a massive freebie every year with a guaranteed 7 games at Skilled stadium at the expense of Footy supporters who can't get to see their team play .

The Hawks are an interesting one . Their financial success has a lot to do with the Tassie deal which you could argue is not much different to us selling games to Darwin and cairns . How rich will the Hawks be without that deal ?

The extra funding for Collingwood is evidently related to upgrades to the Westpac centre btw .

16- 20 million worse off over the period of the deal, apparently, plus lost mebership and merchandise sales. Smart business by Hawks, plus the negligible rent deal on their state of the art facilities

( eveyone else has started playing catch-up) at waverley park with the option to buy? 2020? courtesy of a mirvac/ hawthorn board member if I recall correctly? They are also pre-empting any AFL

expansion into NZ by initiating a kiwikick and hawks cup program for primary school aged kids, as well as AFL international scholarships scheme. Good business development. I can see why to a

degree, they oppose equalisation when they're spending resources and committing to research and development to stay ahead of the pack, but in the end, they can oppose all they like. :hihi














/

 

[Jason King]

The AFL have given us 8 mill which is a good thing for the club.

Now we wait for the catch.

A draw like this year would suffice :-[

 

[Ian4]

I cant believe people are saying that we are not a big club., farcical comment to make. We are indeed a big club.

big clubs do not play home games interstate. ever. full stop.

They can let a non-Victorian team fold, no problems there. But I hated what happened to Fitzroy, and will not accept it again. The competition has been built on tradition. It will take 50 years or more of the current interstate sides being in the comp before I reckon I'd reconsider my position.

it is by far much more practical to have not introduced 2 new teams but to relocate 2 victorian teams. 8 victorian teams and 8 intestate teams is a nice balance. and 16 teams give richmond a much better chance of winning a flag.

This worries me:

"Under the new agreement, the AFL will approve all key appointments at clubs and will hold the ability to conduct a detailed review of procedures if required."

vlads dictatorship at its best

A draw like this year would suffice :-[

thats exactly what will happen... the more money you receive the worse your draw will be. thats a certainty

 

[TOT70]

16- 20 million worse off over the period of the deal, apparently, plus lost mebership and merchandise sales. Smart business by Hawks, plus the negligible rent deal on their state of the art facilities

( eveyone else has started playing catch-up) at waverley park with the option to buy? 2020? courtesy of a mirvac/ hawthorn board member if I recall correctly? They are also pre-empting any AFL

expansion into NZ by initiating a kiwikick and hawks cup program for primary school aged kids, as well as AFL international scholarships scheme. Good business development. I can see why to a

degree, they oppose equalisation when they're spending resources and committing to research and development to stay ahead of the pack, but in the end, they can oppose all they like. :hihi

And that's the point, though, isn't it?

North Melbourne pioneered Friday Night Footy but that didn't give them the right to play every Friday night. Melbourne always played their home games at the MCG and Richmond joined them in 1965 but that didn't guarantee thsoe two teams a monopoly on that ground. west Coast and Adelaide were the first teams in their state but that didn't stop the AFL diluting their appeal by introducing a second club. There are lots of instances of clubs showing initiative and then getting over-run by the expansion of the game, ofr the good of the collective.

At the end of the day, we have to avoid an EPL scenario where most of the teams are happy if they can avoid relegation for another year while a handful of teams try to stop Man U winning the title again and usually fail.

Every team needs an equal chance. Any innovation inevitably needs to be shared with everyone.

 

[YellowBlacks21]

We were 4th for overall attendances in the home and away season with only Collingwood, Carlton and Essendon (all finalists) drawing more people through the gate than the Tigers. Hawthorn, Geelong and St Kilda (all finalists) were next in line. Not bad considering that a) - We were never 'really' in the hunt for finals and b) - we haven't played finals for over a decade. To me that says 'Big' Club.

 

[Rfc4Ever]

To me that says 'Big' Club.

Hopefully the club gets even bigger with even more paid up members next year.

 

[Sintiger]

Benny Gale talking about it on SEN today

http://www.sen.com.au/audioplayer/Audio/Richmond-CEO-Brendan-Gale/3139