I’d suggest that you are wrong. We’ve just had poor management for too long and are catching up at a rate of knots. I’d suggest they have wasted $millions on the Gold Coast and west Sydney for bugger all return. I’d suggest they have huge legal expenses covering up multiple racism scandals. I’d suggest they are a bloated organisation that pisses money up against the wall as so many such organisations do. And I’d suggest the level of financial waste they’ve engaged in is exemplified by the blatant lie by your mate Gil that they are bigger than us in QLD. If they are half as good as you keep telling is then why do they have to lie so blatantly about their achievements?
You're entitled to your opinion, Im not hear to defend them, I go on the facts as best as we can see them. In financial performance they have trounced us, continue to trounce us and thats where we need to pivot. Its great to see the gap will close this year, and looks like potentially by a bit. It may widen again in 2025 when their new mega deal kicks in and we will have to wait till 2028 to see our next deal to hopefully catch up again. They have enjoyed revenue from their asset investment for last few years where as we are only just building ours. I applaud the current surplus which is what they are using to buy assets. The $56mill surplus this year will largely have been spent on the two hotels we have bought in Cronulla and SC.
going on what we've seen so far:
Our revenue has gone up from $585.3mill in 2022 to $701.1 mill. in 2023 +$115.8mill
AFLs revenue was $856.3mill in 2022 and is predicted to have gone up to around $960mill in 2023 +$103.7mill
As for Qlnd, of course its BS, bit like Vlandys saying we've overtaken AFL when talking financials. These alpha males like to big themselves and companies up. Nothing new there. He was laughed at and quite rightly so. Just as Im sure the other side are laughing at Vlandys #1 claim. The only meaningful metric we beat them in is TV viewers. everything else we are miles behind still.