Ports not as wealthy but financially secure. The overblown story of Port losing 300k in 2016 was predominantly through depreciation. Since then a profit has been made every season including through covid years with last season bring its biggest profit in several years.
Having ETU and CFMEU on board has assisted immensely however their sponsorship contract expires this season, hopefully their is resign.
17 PREMIERSHIPS, 21 X Runners up
THE VFLS MOST SUCCESSFUL CLUB - THE MIGHTY PORT MELBOURNE BOROUGH!
I'M PORT MELBURNE BORN, I'M PORT MELBOURNE BRED, I'LL BE PORT UNTIL I'M DEAD!!!
I think you'd describe Frankston in a similar way now that they've paid of the debts from the administration agreement. Hopefully onward and upward from here, the club is well-run and in the best shape it's been for a long, long time.
My mail is Frankston are debt free, but there is still not much "in the bank." Membership numbers were down 400 this year - thats about a 28k hit to finances which hurt. Much work still to be done (memberships and the Function Centre are the priorities) but as Paul said, it is extremely well run now so I have no doubt they will be fine.
Paul Amy tweeting the following (and he is NEVER wrong!)
Salary caps in the VFL next year: Aligned clubs: 110k to 125k AFL clubs: stay at 110k Standalones: 220k to 250k And the number of U22 players for standalones drops from six to three.
There are currently 0 users online.