Re: Hawthorn: it helped the bottom line when their former president would plough in up to a $1m a year to make their annual reports show consecutive profits
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IIRC the $400k we receive from the AFL is to make up for the discrepancies in the fixture and stadia deals. It isn't "assistance" to prop the club up. The only "assistance" from the AFL I can remember was/is a non-monetary one of going guarantor for us so the bank would loan us the $4m in the early 00s that we are now trying to eliminate ourselves via the Fighting Tiger Fund. Even back in the SOS days we didn't run to the VFL/AFL as we raised $800k ourselves and then used the $200k all clubs received from Adelaide's licence fee to save ourselves.