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snowman

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I'm interested in this, thought the centre was locked in. Didn't realise it was contingent on more funding.

the centre is locked in and happening, but fiunding dictates when and there is no rush

all the construction is done in different stages and the hotel and retail will be done first anyway, so their is no rush
 

HaroldBishop

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the centre is locked in and happening, but fiunding dictates when and there is no rush

all the construction is done in different stages and the hotel and retail will be done first anyway, so their is no rush

But what if federal funding isn't forthcoming? Doesn't sound as though it's guaranteed.
 

SF

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Can you elaborate what you mean by Pacific Islands theme for the Centre of Excellence ?
In order to get government funding they need to show the community benefits of it.

So I think they are aiming for a centre which has a "Pacifica" theme, that aims to promote/support Pacific Islands culture/communities etc... with the side benefit that we have a constant new stream of big fast strong players coming through :)

Sort of like how the Monty Porter stand grant was based a lot around making the ground accessible etc.
 

SF

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I'm interested in this, thought the centre was locked in. Didn't realise it was contingent on more funding.

State government $8 million grant is guaranteed, but we have to match it 1:1... so need Federal or other funding to achieve that.
 
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In order to get government funding they need to show the community benefits of it.

So I think they are aiming for a centre which has a "Pacifica" theme, that aims to promote/support Pacific Islands culture/communities etc... with the side benefit that we have a constant new stream of big fast strong players coming through :)

Sort of like how the Monty Porter stand grant was based a lot around making the ground accessible etc.

Gotcha, thanks mate
 

yadam

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My notes from last night.

The club has been paid the profits for the next two years of trading whilst closed plus now we will have the additional profits of Sharks Kareela golf club with is cash flow positive. Leagues club profit up to $850K (increase of 500K) this year.

Leagues club refurb (which is costing $20mill) is all about income generation, with one floor aimed for conference space in conjunction with hotel and for hire for weddings etc over looking the bay. Other spaces facing the field in the main floor (café is located where current Auditorium is) will all have a dual purpose to be corporate use on game day for extra $. Anticipating $2-3 mil profit return annually with all this design features. We will have 10mill in the bank at the end of the refurb construction and currently have no debt to anyone. This money will not be wasted in ground improvements. Any improvements, above maintenance, will be done from grants or future profits only. Being capable of holding a semi is not a priority at present (all about the female change rooms). In saying that Kogarah can, so we can host one within the next two seasons.

Centre of Excellence just awaiting final deposit of Federal money matching State Gov money so can be built, plans are already in. It will contain some extra seating and corporate spaces as well to bring us in line with the newer stadiums - but main purpose is not a grandstand - that is no what the money is given for. Some people had trouble with this simple concept last night.

Points bet have extended their ground sponsorship to 7 years, with upgraded jersey placement over the next two years whilst we are not there. More indication we are coming back for the wrist slitters.

Your season seat will be allocated to you on a like for like basis, keeping current seated groups together with some price reductions per game value. You will be sent a letter with a Ticketek link showing your exact seats. You will then have a month to confirm you are happy with your allocated seat (through a fan day to test it out) before others can buy in the stand at Kogarah. Space has been kept aside to move into if your wish.

The club is looking at various ways to get the older gen to Kogarah. (it is actually easier for me coming from Engadine) whether by buses from some central point etc.

Our financial strength will be released to the media through a concerted campaign when the time is right. The club has never been healthier from a financial point of view.

Some cranky old bastards there as well - blackmailing - what a laugh. I have no problem with the move for the two years given what we are getting in return.

Support the team not the ground!
 

Thresher

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Thanks to everyone who has posted their notes. It sounds pretty good. Much better than I expected.
 
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My notes from last night.

The club has been paid the profits for the next two years of trading whilst closed plus now we will have the additional profits of Sharks Kareela golf club with is cash flow positive. Leagues club profit up to $850K (increase of 500K) this year.

Leagues club refurb (which is costing $20mill) is all about income generation, with one floor aimed for conference space in conjunction with hotel and for hire for weddings etc over looking the bay. Other spaces facing the field in the main floor (café is located where current Auditorium is) will all have a dual purpose to be corporate use on game day for extra $. Anticipating $2-3 mil profit return annually with all this design features. We will have 10mill in the bank at the end of the refurb construction and currently have no debt to anyone. This money will not be wasted in ground improvements. Any improvements, above maintenance, will be done from grants or future profits only. Being capable of holding a semi is not a priority at present (all about the female change rooms). In saying that Kogarah can, so we can host one within the next two seasons.

Centre of Excellence just awaiting final deposit of Federal money matching State Gov money so can be built, plans are already in. It will contain some extra seating and corporate spaces as well to bring us in line with the newer stadiums - but main purpose is not a grandstand - that is no what the money is given for. Some people had trouble with this simple concept last night.

Points bet have extended their ground sponsorship to 7 years, with upgraded jersey placement over the next two years whilst we are not there. More indication we are coming back for the wrist slitters.

Your season seat will be allocated to you on a like for like basis, keeping current seated groups together with some price reductions per game value. You will be sent a letter with a Ticketek link showing your exact seats. You will then have a month to confirm you are happy with your allocated seat (through a fan day to test it out) before others can buy in the stand at Kogarah. Space has been kept aside to move into if your wish.

The club is looking at various ways to get the older gen to Kogarah. (it is actually easier for me coming from Engadine) whether by buses from some central point etc.

Our financial strength will be released to the media through a concerted campaign when the time is right. The club has never been healthier from a financial point of view.

Some cranky old bastards there as well - blackmailing - what a laugh. I have no problem with the move for the two years given what we are getting in return.

Support the team not the ground!

Love the updates guys, really appreciate it.

What were the old cranky bastards going on about ?

For me the move to Kogarah is easier, so I don't mind but I agree with the support the team not the ground statement. In saying that we have the most fickle fans going around so not surprised by this.
 

snowman

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Yeah, I don't understand the "blackmailing" bit either.

And I'm a cranky old bastard too.

the blackmailing was about having to buy a seat to get yours back at sharkpark

i understand as i know a person related to the old man, he has had his membership for 41 years and lives across the road

ben ross has said if people can get to points bet, he will organise a bus but cost wise i dont think they will
 

Milkshark

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From the other forum:

Yep the club has been paid the profits for the next two years of trading whilst closed plus now we will have the additional profits of Sharks Kareela golf club with is cash flow positive. Leagues club profit up to $850K (increase of 500K) this year.

Leagues club refurb (which is costing $20mill) is all about income generation, with one floor aimed for conference space in conjunction with hotel and for hire for weddings etc over looking the bay. Other spaces facing the field in the main floor (café is located where current Auditorium is) will all have a dual purpose to be corporate use on game day for extra $. Anticipating $2-3 mil profit return annually with all this design features. We will have 10mill in the bank at the end of the refurb construction and currently have no debt to anyone. This money will not be wasted in ground improvements. Any improvements, above maintenance, will be done from grants or future profits only. Being capable of holding a semi is not a priority at present (all about the female change rooms). In saying that Kogarah can, so we can host one within the next two seasons.

Centre of Excellence just awaiting final deposit of Federal money matching State Gov money so can be built, plans are already in. It will contain some extra seating and corporate spaces as well to bring us in line with the newer stadiums - but main purpose is not a grandstand - that is no what the money is given for. Some people had trouble with this simple concept last night.

Point bet have extended their ground sponsorship to 7 years, with upgraded jersey placement over the next two years whilst we are not there. More indication we are coming back for the wrist slitters.

Your season seat will be allocated to you on a like for like basis, keeping current seated groups together with some price reductions per game value. You will be sent a letter with a Ticketek link showing your exact seats. You will then have a month to confirm you are happy with your allocated seat (through a fan day to test it out) before other can buy in the stand at Kogarah. Space has been kept aside to move into if your wish.

The club is looking at various ways to get the older gen to Kogarah. (it is actually easier for me coming from Engadine) whether by buses from some central point etc.

Our financial strength will be released to the media through a concerted campaign when the time is right. The club has never been healthier from a financial point of view.
 

common

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Thanks for the info. Bloody good.

So the media will still spin it that we are in financial trouble and that we should be relocated.
 

snowman

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one thing missed is they will turn the sunshine coast game into a celebration andtry to host events whilst we are up there

some floating about but one is a fishing trip with ET
 

HaroldBishop

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one thing missed is they will turn the sunshine coast game into a celebration andtry to host events whilst we are up there

some floating about but one is a fishing trip with ET

That would be a great trip.

Probably leave the missus at home though if doing the fishing thing.
 
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