TOPIC:

This treasurer has got swans back on track after the disaster the previous CEO and footy manager left us in, at least he knows you have to pay gst and super unlike the previous regime.
You're getting confused with salary caps and off field financials, you sound a tad confused.

Freezin wrote:

swan42 wrote:

Theouterseagull wrote:

Mudlark wrote: Careful Outer,do not say anything negative about Bogandean,you may be asked to give an unreserved and fully substantiated apology for upsetting the delicate feelings of those little darlings who live in the land where everything is just hunky dory,don't you know?

They're a precious bunch aren't they. Now that their league side looks like missing out on finals they will start talking about having the most supporters and how Basso is better than every other home ground.

TOSG perhaps you might like to have a look at the league ladder. I am still waiting for Mudlark's and LB's apology for asserting that Swans had exceeded the salary cap in 014. An assertion which was patently WRONG.

42 why dont you end this debate here and now and provide the proof that says SD hadnt exceeded their cap midway through the year then.......please dont say Hodyl said you boys were fine and daney in that 30 second chat you had to his back last year as he was walking away from you......no different to Muddy or Barney chatting to their person in the know over a couple pinot noirs saying the exact opposite......if you want an apology 42 from those two, cough up your proof and end this debate here and now.....other wise it wont be the first or last time a financial balance sheet needed tinkering to make all the numbers rosy come end of the year....

Freezin I know you like to sir. I have pointed out several times that one can only exceed the salary cap when one has paid more than the salary cap. There is no pro rata principle with respect to the salary cap. I have also invited LB, Mudlark, Clear-View et al to contact our CEO or Treasurer and furnish them with their evidence of any alleged salary cap breaches. The fact that they haven't taken up that offer speaks volumes as to the veracity of their claims.

I have made no claim of a salary cap breach either now or last year Swan42. Can you please edit your posts to reflect this.

Larry Bird wrote: From my understanding Swans where ahead of the Salary Cap at half way. I'm sure it's a health check by the commission of all clubs. Through injuries or selection they paid their players less in the second half of the year and kept inside the total cap. I don't see why this is still a sore point. Also the Swans arrangements with the ATO seems cause for argument for some reason.

this is what you wrote Larry - you said from your understanding Swans were ahead of the salary cap at the half way mark - if they were ahead at the half way mark of the salary cap they would have been fined.
if you meant to say that based on projections you believe they will go over at the end then retract your previous comment and say that, otherwise go and do a budgeting course and learn about projections.

MarkOlsen wrote: This treasurer has got swans back on track after the disaster the previous CEO and footy manager left us in, at least he knows you have to pay gst and super unlike the previous regime.
You're getting confused with salary caps and off field financials, you sound a tad confused.

pretty sure with SD recent history with dealing with numbers, that it would be in the treasurers best interest to keep a close eye on anything involving dollars at SD.....because if there was any discrepancies any where surely his off field financials would be covering any potential salary cap miscalculations...but hey you know best in regards to SD financial set up and EF in house disputes

I only know something until you come along and tell me otherwise.

Very condescending post Mark Olsen but perhaps you are just trying to save a drowning friend. Absolutely ridiculous logic being applied, why would Swans be fined for being ahead of budget half way through a year?

how can you be ahead of a budget half way through a year ?

You Bogundean mob have short memories, you wank on over and over again about Subi buying premierships and their financial strength, when you bought your 2010 premiership on the back of being the first WAFL club with an annual turnover exceeding $4 millon!! (source West Australian April 5th 2012). You then proceeded to piss it all up against the wall with massive losses reported to be anywhere between $376,000 and $800,000 including substantial unpaid tax bills.

So you've had your shot at the big dollars, had the benefit of a massive junior district, but you still maintain this holier than thou attitude that you laughingly believe still gives you the right to bag another club who has taken their windfall and worked it diligently in a competent business like manner. That $4 mill revenue from whatever those sources were ... mining companies and Govt grants, I don't know, should have enabled your club to set itself up for a period of sustained on and off field success rather than the 1 flag, due mainly to the efforts of one outstanding imported players efforts you managed to pinch by 1 point off a club that really does wonders with it's junior district, limited resources and a small supporter base. You constant bluff and bluster doesn't hide the fact you lack credibility.

who specifically lacks credibility ?
our supporters ?
our CEO ?
our president ?
our treasurer ?
our board ?
last time i checked I wasnt in control of Swans finances and the people that were are no longer at the club so what relevance has that got to do with anything ?
is your issue with Peter Harvey our then president and Brendan Parker our then CEO ?
if you can clarify the particular people you are referring to that would be appreciated.
thanks