One-Eyed Richmond Forum

Football => View from the Outer => Topic started by: one-eyed on November 24, 2017, 04:02:52 PM

Title: Collingwood post losses of over $5m in past two years (afl site)
Post by: one-eyed on November 24, 2017, 04:02:52 PM

COLLINGWOOD has posted back-to-back financial setbacks totalling $5.36 million, after announcing a $2.73 million loss for the 2017 financial year.

The final result was a loss of $2,732,624, which followed the loss of $2,622,623 in the 2016 financial year.

http://www.afl.com.au/news/2017-11-24/black-and-white-in-the-red-as-pies-lose-27m


How the high and mighty have fallen :yep.

Title: Re: Collingwood post losses of over $5m in past two years (afl site)
Post by: Chuck17 on November 24, 2017, 06:50:52 PM

Sucked in, they're a pootruck side to boot

Title: Re: Collingwood post losses of over $5m in past two years (afl site)
Post by: tdy on December 02, 2017, 09:24:53 AM

They still turned over 70 million didn't they? Geez this is a non profit organisation too.

Title: Re: Collingwood post losses of over $5m in past two years (afl site)
Post by: Chuck17 on December 02, 2017, 09:36:26 AM

Merge with Norf and relocate to far North WA