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$419,000 Profit Message from President. 3 years 4 months ago #198550

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To all our valued members, partners and stakeholders,

What an amazing year on so many different levels we have experienced in this, our 120th Anniversary:
• We achieved record Membership of 2,136, 32% up on our target Member number;
• After the ignominy of last year’s crushing Grand Final defeat, we were able to rebound, finish on top of the ladder and ultimately became Premiers in a classic WAFL GF;
• Our Corporate Sponsorship reached new levels;
• Fremantle Community Bank Oval hosted the WAFL GF for the 1st time in 110 years;
• We fielded 3 women’s teams, including a League team, and won the Roger’s Cup;
• We achieved a Net Operating Profit of $419,000, the likes of which never seen before.
I can’t begin to tell you how proud I am of our whole Club in this COVID-challenged 2020 year and need to thank at the outset, the much-maligned WAFC for getting the 2020 Season started, let alone finished.

WAFL clubs playing games are absolutely critical to their relevance in the community and to get started on 18 July 2020 was a major step in not just assisting the Bulldog Family in coping with COVID-19, but the whole WAFL community.

From an operational perspective, we experienced significant increases in revenue from our Game Day Attendances (Gate Receipts $61,904 from 4 home games), Membership (+ $60,000 on 2019), Merchandise & Memorabilia activities (+$70,000 on 2019) and Commercial Partnership activities (+$50,000 on 2019).

Our 2020 financial result will surprise many, but it needs to be made abundantly clear that this result is absolutely a “one-off” and emanates essentially, from the following 3 major contributions:

1. Our loyal Corporate Partner’s honouring all 2020 Sponsorship commitments, often in spite of their own commercial adversity, allowing us to receive “full revenue”;

2. The Federal Government JobKeeper and Cash Flow Boost initiatives, of which we received $198,500 towards our actual 2020 Administration and Football wages cost;

3. The selflessness and commitment of our players to our 2020 Premiership aspirations, by agreeing to play for around 18% of previously contracted payments, all with a greater time commitment than normal.

Accordingly, we are back to financial “scratch” for season 2021 with all the normal financial challenges and difficulties, and likely more, so the 2020 financial celebration will be brief. I simply assure you the Board, our CEO Cam Britt, and all his team, are up for the challenge.

I invite and strongly encourage you to continue to help us, as we build an ever stronger and more sustainable Club, via “Joining the Family” and signing up as a 2021 member – we have some outstanding member options, catering to fans - membership.sffc.com.au/

Members are entitled to contact the club via This email address is being protected from spambots. You need JavaScript enabled to view it. to request an emailed copy of our finalised and audited 2020 financial statements, prior to the Club’s Annual General Meeting, being held on Monday December 7, 6pm at SFFC.

Sincerely, and with my utmost thanks -

Peter Christie
President
South Fremantle Football Club

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$419,000 Profit Message from President. 3 years 4 months ago #198552

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Well done to Souths on that result, very impressive effort.

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$419,000 Profit Message from President. 3 years 4 months ago #198556

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Thats outstanding

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$419,000 Profit Message from President. 3 years 4 months ago #198565

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Yes the government input with Jobkeeper and cashflow bonuses would be similar at most clubs depending on the numbers in their admin and football departments, so will be interesting to see how each club compares after all the AGM's are done and dusted.

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$419,000 Profit Message from President. 3 years 4 months ago #198566

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Spot on SS

If u read the details u will note:
Jobkeeper paid for our back end staff circa $200k
Player payments down over 80%

As was pointed out if most clubs don’t have a bumper result things aren’t going so well

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$419,000 Profit Message from President. 3 years 4 months ago #198567

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It is staggering that some basket case clubs did not want to play this year at all

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$419,000 Profit Message from President. 3 years 4 months ago #198573

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Stand the Test wrote: No games would have meant even bigger profits.


No, because the business would not have qualified for Jobkeeper payments, as the workers need to have been kept on and worked a certain number of hours, so the decision to play on was critical.

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$419,000 Profit Message from President. 3 years 4 months ago #198574

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Stand the Test wrote: Any club which doesn’t make a 6 figure profit this year really has no idea what it is doing.

No player salaries really and what there was paid mostly by the government.

Is this is great country or what!!


Yep, big tax payer funding of wages, thanks to sco mo.

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$419,000 Profit Message from President. 3 years 4 months ago #198575

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Factor opinion wrote: It is staggering that some basket case clubs did not want to play this year at all


It certainly is, but highlights the complete lack of financial ability that is currently floating around some WAFL administrations.

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$419,000 Profit Message from President. 3 years 4 months ago #198577

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Senior Seagull wrote: Yes the government input with Jobkeeper and cashflow bonuses would be similar at most clubs depending on the numbers in their admin and football departments, so will be interesting to see how each club compares after all the AGM's are done and dusted.


South picked up 40k plus from the GF at Freo Oval, Claremont had a massive collect having three teams in on the day, $120K.

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