Frankston on track for $1 million deficit
From Saturday Age
Reported by Brent Diamond
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VFL cellar-dweller Frankston are on track to lose more than $1 million of revenue amid their first winless season, with their future in the competition now on tenterhooks.
After enduring a mass exodus of players and a change of coach at the end of last season, Dolphins general manager Simon Green predicts a million-dollar deficit — given the loss of gate takings and after-match functions — due to construction of a two-storey function centre mid-way through last year that is expected to be completed for next season.
"We've taken a massive hit because the construction site has taken up most of the car park, which has meant less patrons have come to games," Green said.
When up and running, the club are hopeful the $3.4 million facility will help them survive in the long-term as they reach out to AFL Victoria for financial assistance during the short-term pain.
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