Its an interesting philosophical question, what does a not for profit sporting club do with its profits?
Invest for a rainy day? Return profits to members?
Its like a government who has no good ideas on how to spend the tax take and makes a profit/surplus, well why colect the Tax.
The bold is forbidden as that would class as paying dividends.
That $500k investment may be going towards the future expansion of our facilities with our AFLW side starting in 2020? So reinvesting profits into the Club may be the answer to that philosophical question.
The Club is very different to government. Those within the Club actually like each other unlike our pollies and work together united towards a single purpose
. It's popular with the masses (when winning
) who are happy to hand over their hard earned to make the Club stronger and more powerful. The masses also willingly voted to give the Club (its Board) more executive powers.
You could return it to members by lowering next years membership by X amount as a loyalty bonus or some other such scheme.