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Latest Financials 10 years 2 months ago #61595

  • Mayor of Midland
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Swan Districts have continued their rebuild towards financial stability after posting a $122,477 profit for last season.

The result, after depreciation, was reported ahead of Thursday's annual general meeting on the back of reaping more than $180,000 in transfer fees.
The Mayor has spoken..

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Latest Financials 10 years 2 months ago #61598

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I was expecting a 6 digit profit for 2014. Well done to the board, employees, players, members and supporters. Looking forward to a good year in 2015.

I expect G Walton et al at the WAFC will be overcome with emotion and unbridled joy.

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Latest Financials 10 years 2 months ago #61601

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With draft fees being reduced to a bag of sheckles for the clubs and the WAFC CEO choosing to keep the lion share to distribute amongst the crown wearers at HQ- i expect he will be even happier next year if Swans can deliver more talent than the average to the AFL.
Good job Swans in difficult times

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Latest Financials 10 years 2 months ago #61607

  • BC
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well done by swans given the current environment...thats a good result.

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Latest Financials 10 years 2 months ago #61610

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well done SD.....the beauty of investing within I guess, hopefully other clubs follow suit......what was the end transfer fee for Kraks by the way?

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Latest Financials 10 years 2 months ago #61632

  • Mr AFL
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Were the draft fees cut before this draft or will it kick in this year. If it was before Swans could have made an extra 30-40K.

Regardless well done on the profit.

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Last edit: by Mr AFL.

Latest Financials 10 years 2 months ago #61901

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I missed the AGM due to work commitments. Any exciting news worth hearing besides the profit & loss report from those who attended?

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Latest Financials 10 years 2 months ago #61902

  • MikeXU1
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Excellent result for a WAFL club, and puts the profit in the zone that successful AFL club Geelong wanted to be in for season 2014.

Geelong president Colin Carter said his club would record a small profit of about $100,000 to $200,000, depending on how it performs in the finals series.

See full article here -
www.afr.com/p/lifestyle/sport/big_earner...esEIFZ3p0UeMax6sVirK

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