Spider if the leagues club goes down the tube then I obviously would have to accept the football club folding or relocating. My concern is zaps is entertaining the idea to move the football club interstate whilst the leagues club remains a viable proposition but unable to support the team financially.
from previous annual reports the leagues club turns a fair profit, but that is used to support the football club as you can see by the operating profit (not net) compared to football grant
when the next report is released - look at it in detail as opposed to the bottom line
its amazing what pictures accountants can paint
the leagues club would only be able to absorb so much football debt before the line breaks
this is a make or break season for the sharks and that is why zapps would be stressing the crowds need to be there
imo - two more years of turning multi million dollar losses could possibly bring on a relocation
of course i would hate that - but we need to pull our head out of the sand and face a possible sad truth
i find it funny to bag zappia - he has had a very short, but successful tenure to date - where as another body has been at the helm for some time, should they slip under the radar?