Author Topic: Collingwood post losses of over $5m in past two years (afl site)  (Read 105 times)

Offline one-eyed

  • Administrator
  • RFC Hall of Fame
  • *****
  • Posts: 61139
    • One-Eyed Richmond
Collingwood post losses of over $5m in past two years (afl site)
« 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.

Offline Chuck17

  • The Shaun Grugg of OER
  • RFC Hall of Fame
  • *****
  • Posts: 11179
Re: Collingwood post losses of over $5m in past two years (afl site)
« Reply #1 on: November 24, 2017, 06:50:52 PM »
Sucked in, they're a pootruck side to boot

Offline tdy

  • RFC Hall of Fame
  • *****
  • Posts: 1786
Re: Collingwood post losses of over $5m in past two years (afl site)
« Reply #2 on: December 02, 2017, 09:24:53 AM »
They still turned over 70 million didn't they? Christ this is a non profit organisation too.

Offline Chuck17

  • The Shaun Grugg of OER
  • RFC Hall of Fame
  • *****
  • Posts: 11179
Re: Collingwood post losses of over $5m in past two years (afl site)
« Reply #3 on: December 02, 2017, 09:36:26 AM »
Merge with Norf and relocate to far North WA