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and Mercure Sunshine Coast Kawana Waters.Sure, when you remove the Gambaro Hotel and Quest Woolooware Bay Hotel revenue
Also AFL revenue from Docklands in 2023....
and Mercure Sunshine Coast Kawana Waters.Sure, when you remove the Gambaro Hotel and Quest Woolooware Bay Hotel revenue
Also AFL revenue from Docklands in 2023....
Wests has been Western Suburbs Magpies for 116 years. WT = Short form for Wests Tigers as “Wests Tigers” is the full moniker name of the club.
You might know this if you weren’t an AFL fan
Quoting yourself. Wow.
It made $30mill revenue, no mention of profit off it. I’m still waiting for you to give me that number.@Perth Red see marvel stadium makes barely any money as an investment.
Stadiums are an extremely bad investment unlike hotels or commercial property
Have to admit I`m having a chuckle, the bloke (and I don`t mean you) who has complained multiple times about posters being rude and so on is proving himself to be right up there with the worst when it comes to childish name calling insults, it`s always the way isn`t. Life`s a rum old thing.Yeah like it wasnt shortened for Wests Tigers. A fact Im certain you know, but decided to be a pendant about.
and stooping real low with the personal attacks dude. But hey, keep being you buddy.
Go on then mark robinson just said by the time he dies afl could take over from nrl. Where’s your post correcting him ?I do in fact do that when i see it.
You think robots run the stadiumIt made $30mill revenue, no mention of profit off it. I’m still waiting for you to give me that number.
Go on then mark robinson just said by the time he dies afl could take over from nrl. Where’s your post correcting him ?
in
You think robots run the stadium
You know plus power water insurance maintenance etc
Its an asset worth up to 1 billion dollars and the net return is under 20 million (2 percent return)
Term deposit earns that lol
Beetson hotel is showing a yield of ten percent plus capital gains on top
It’s a good thing for the afl to have all its equity tied up In such a poor investment meanwhile the Greek accountant is selecting quality property for our portfolio
It made $30mill revenue, no mention of profit off it. I’m still waiting for you to give me that number.
You have not a clue in the world hahahaha 30m revenue for Marvel.
Its well clear of 100m now.
As another poster said, Beatson Hotel (Gambaro) turns over more than 30m.
“The AFL have received another brutal reminder of the challenge they face in western Sydney after GWS was rated the one of the least valuable sporting brands among the country’s football codes — above only the Gold Coast Suns. It also shows how much their expansion teams have struggled despite the code tipping in millions of dollars.“My direct response
I mean the stadium sits on 20,000 square meters of land in the middle of the Melbourne CBD that was valued at at between 900m to 1.3b for the land alone in 2016 - and the AFL holds the freehold title to it. The AFL sold a small piece of land there for $60m in 2020.
My direct response
I mean the stadium sits on 20,000 square meters of land in the middle of the Melbourne CBD that was valued at at between 900m to 1.3b for the land alone in 2016 - and the AFL holds the freehold title to it. The AFL sold a small piece of land there for $60m in 2020.
The point WB is making is that revenue figures alone mean nothing without costs for context. AFL costs are also significantly higher than NRL costsTake out stadium revenue and include profits and we’re close enough
I know there’s expenses, doh, you said it wasn’t making much profit, im just asking you what the profit was. You must know given you made the statement.Go on then mark robinson just said by the time he dies afl could take over from nrl. Where’s your post correcting him ?
in
You think robots run the stadium
You know plus power water insurance maintenance etc
Its an asset worth up to 1 billion dollars and the net return is under 20 million (2 percent return)
Term deposit earns that lol
Beetson hotel is showing a yield of ten percent plus capital gains on top
It’s a good thing for the afl to have all its equity tied up In such a poor investment meanwhile the Greek accountant is selecting quality property for our portfolio
25 million return on an asset worth 1 billionI know there’s expenses, doh, you said it wasn’t making much profit, im just asking you what the profit was. You must know given you made the statement.
Wow, so they bought an asset for $200mill. Within 8 years It’s now worth $1bill, returning $100mill revenue a year and returning $25mill a year profit. Sht that’s some deal!25 million return on an asset worth 1 billion
lol
Return is awfulWow, so they bought an asset for $200mill. It’s now worth $1bill, returning $100mill a year and returning $25mill a year profit. Sht that’s some deal!
It cost them $200mill and in 8 years is worth 400% more and providing a 12.5% ROI.Return is awful
And given the collapse in the Victorian economy and also in site values it would be lucky to be worth 500 millon now
The Victorian economy is a basketcase
Beetson hotel roi 20 percent pa
In ten years time it will be lucky to go back to valueIt cost them $200mill and in 8 years is worth 400% more and providing a 12.5% ROI.
Yeh terrible return lol remind me not to ask you to invest my money!