Obviously there is no link - I would love to see their financial at the end of the fin year - but not sure they will become public - but Heart and smfc do have a relationship largely due to the Heart approaching us for a stake on more than 1 occassion already

I can go on - but will not name names nor will I compromose existing relationships

The sad truth is that the Heart also have a very favourable tennacy agreement at AAMI for the 1st 3 years - however this agreement will not remain

I do not see them reversing the trend

Sidwell has done well to get others to invest $$$ - and they are the ones hurting - pretty much the Lowy method by fully endirsing and backing a product - yet getting others sucked in to finance it

It is these investoirs that are hurting = more people backing our game and getting burnt from it....not a good image

For the record - I think Joffa is a good bloke - definately a football tragic - but then again aren't we all - if anything he needs to broaden his view on certain matters - but a good bloke I sence


Edited by chris: 3/1/2011 12:59:37 PM

Cheers:d

It's a love heart...

In news that can be confirmed.....Heart are currently playing South Melbourne in a praccy match at LaTrobe Uni. Wish I'd known this last night, probably would've stayed in the city and gone for a look.

i dont support Joffa i think he is a bad person, bans anyone who has a different opinion to the pro-FFA people, i know guys that if they knew who he was they would hunt him down like a savage dog.

But this thread proves to my point yesterday.

Bye Bye heart, oh ffa you are a pack of morons

1. Joffa has the support of the majority on here. He stays.
2. I think the Heart are gay and a laugh, but still, you need to substantiate your claim.

Happy New Year.

No, he shouldn't. At this point in time, what you have stated is a rumour. Unless you give us a source, we have no choice but to move it here - irrespective of whether it comes true or not.

Pretty sure the Indians developed the system, passed it on to the Arabs, then on to Europe, hence the name Hindu-Arabic numerals.

really . there u go u learn something everyday :P

Actually it's Indian.

Sorry I must have been thinking of drachmas

Should be 6 million australian dollars

Pretty sure our system is Arabian

Didn't the Greeks invent maths in the first place? :p

$6,000,0000

Is this a new numerical figure that has just been invented??

Maths-greek style:p

Well according to the thread title it's actually a 60,000,000 loss, albeit with a few commas in the wrong place.

What does this mean?

:-k

What about when you post a link to support your $6 million first season loss claim i just move the thread back...or do you disagree that without supportive evidence your statement is a rumour?

You may note I haven't commented either way as to the factualness of your statement...

this.

I <3 you Joffa

[size=9]Joffa

since you are so keen to moderate - in fairness when the teams submit their balance sheets - and my title is correct - you should stop being a moderator on this forum[/size]

Edited by chris: 2/1/2011 10:25:48 PM

The start-up costs associated with these ventures combined with virtually no market share upon commencement results in these losses.

Every club in its first season posted a multi-million dollar loss. this is a no f*n brainer :roll:

Many similar entities lose money in the first few years of operation. Come back in five years once their place in the market (be it stable or unstable) is confirmed.

Source, or close thread.

either post evidence to support your claim Chris or I am going to move this to the rumour section.

Discuss



Edited by chris: 2/1/2011 10:12:11 PM






Edited by chris: 2/1/2011 10:16:20 PM