West Adelaide Financial Situation

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Re: West Adelaide Financial Situation

Post by Chambo Off To Work We Go on Wed Feb 08, 2017 12:31 pm

Reported at the Sturt AGM that the profit for the year was $715,000.

An extraordinary figure given recent history.
Not sure of its breakdown, but I think people pretty pleased with that.
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Chambo Off To Work We Go

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Re: West Adelaide Financial Situation

Post by Flag No.10 on Wed Feb 08, 2017 12:56 pm

That is incredible. They were all but gone a few years ago.

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Re: West Adelaide Financial Situation

Post by Lee on Wed Feb 08, 2017 2:22 pm

That's a great result, well done to the Board, Sue Dewing and all at Sturt.

The result would include $250K from the SANFL and perhaps a very large payroll tax remission. To be indulgent, West did a huge amount of work on the payroll tax situation. It was about grouping provisions, which while technically correct, would have been a very unfair retrospective impost on several SANFL clubs. I presume other clubs would have made submissions, but West spent many hours of research and put up a very detailed submission. We received a fair hearing from Revenue SA and the Government and the good result flowed through to the other clubs.

It's great to see SANFL clubs who were struggling become self-sufficient.

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The whole aim of practical politics is to keep the populace alarmed – and hence clamorous to be led to safety – by menacing it with an endless series of hobgoblins, all of them imaginary.”– H.L. Mencken
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Re: West Adelaide Financial Situation

Post by mark beswick on Tue Feb 14, 2017 10:19 am

Congratulations to new Life Members of the WAFC

Players
A W "Aaron" Fielke
J K "Jason" Porplyzia

Officials
J E "Ted" Kerley
W B "Wayne" Coulls
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