Bendigo Gold to fold
From the Bendigo Advertiser
Reported by Luke West
Full article - Click here
THE Bendigo Gold will not renew its licence at the end of the season, bringing to an end Bendigo's VFL involvement.
REACTION: Bendigo Gold coach Aussie Jones says decision to call time the right move
REACTION: Executive chairman says financial tightrope wears down the Gold
FROM THE HEART: A player's perspective of the decision
EDITORIAL: Gold's demise hurts our city
COMMENT: Disappointing day but decision was inevitable
PICTURES: A look back at the players who proudly supported the blue and gold
The Gold's playing group and staff were told at the QEO tonight of the board's decision to call it quits at the end of the season.
Wednesday night’s announcement comes less than a year after the Gold’s successful survival campaign late in the 2013 season when the club put its future on the line seeking more support.
"We've been going through the planning with what's involved with the licence renewal at the end of the year, but the one thing we've come to as a board is we can't see VFL football is sustainable longer-term in the town," Gold chairman Tim Dickson said.
"One of the reasons is the VFL is becoming much more competitive. An average club ran on three quaters of a million dollars a few years ago. That's probably up near around one million dollars now, so it's moving forward fairly quickly."
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