John Nicholson
Nicko
With the club's AGM coming up next week, their financial statement is now available on their website.
They claim a massive turnaround to achieve an $80K profit from a loss of over $1 mill the previous year. Analysis would indicate a lot of paper shuffling, however whatever!
What is mainly sad is that they only contributed $6763 to what appears to be the Manly Junior League (down from $43K last year). Considering that they aren't making any money you can't expect more, but what is the point in having a League's Club if they can't propogate the sport as they were originally were incorporated to do (and did for many years, especially during our first run of premierships).
Compare this to what Penrith and other Western Sydney clubs are achieving, whilst we run on the smell of a Penn's oilrag.
They claim a massive turnaround to achieve an $80K profit from a loss of over $1 mill the previous year. Analysis would indicate a lot of paper shuffling, however whatever!
What is mainly sad is that they only contributed $6763 to what appears to be the Manly Junior League (down from $43K last year). Considering that they aren't making any money you can't expect more, but what is the point in having a League's Club if they can't propogate the sport as they were originally were incorporated to do (and did for many years, especially during our first run of premierships).
Compare this to what Penrith and other Western Sydney clubs are achieving, whilst we run on the smell of a Penn's oilrag.