One-Eyed Richmond Forum

Football => Richmond Rant => Topic started by: one-eyed on March 28, 2007, 03:56:19 AM

Title: $1 million profit expected this year
Post by: one-eyed on March 28, 2007, 03:56:19 AM

From Herald-Sun
Damian Barrett and Michael Stevens
28 March 2007

Chief executive Steven Wright said a $1 million profit was expected this year.

Wright said he hoped club debt would be down to $3.5 million by the end of 2007, from $5.2 million in 2004.

With a $7 million redevelopment of Punt Rd to begin soon, Wright said the mood at the club was bright.

"This is a great venue and we want to stay here. We definitely don't want a Lexus Centre-type facility," Wright said.

http://www.heraldsun.news.com.au/footy/common/story_page/0,8033,21459776%255E19742,00.html

Title: Re: $1 million profit expected this year
Post by: mightytiges on March 28, 2007, 01:10:27 PM

Quote from: one-eyed on March 28, 2007, 03:56:19 AM

Wright said he hoped club debt would be down to $3.5 million by the end of 2007, from $5.2 million in 2004.

Knocking a million off each year = Debt free hopefully by 2010-11  :pray

Quote from: one-eyed on March 28, 2007, 03:56:19 AM

"This is a great venue and we want to stay here. We definitely don't want a Lexus Centre-type facility," Wright said.

But Collingwood values its traditions  :rollin

Title: Re: $1 million profit expected this year
Post by: WilliamPowell on March 28, 2007, 01:13:34 PM

Quote from: mightytiges on March 28, 2007, 01:10:27 PM

Quote from: one-eyed on March 28, 2007, 03:56:19 AM

"This is a great venue and we want to stay here. We definitely don't want a Lexus Centre-type facility," Wright said.

But Collingwood values its traditions  :rollin

They would if they knew wat it meant ::)

 ;D