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Showing posts with label Revenues. Show all posts
Showing posts with label Revenues. Show all posts

Friday, 28 December 2007

Labor to provide $32 million over TWO years.

The Liberals announced $16 million over four years for football as the Howard era ended.

And with that appointments of coach's, reports released and various other items and plans were announced.

But Kate Lundy announced $32 million for football if Labor were elected.

Not only is it more money, it's a smaller time span.

And the big news is it's $16 million each year for the first two years!

Which means that football could go back for more in two years time.

Oh happy days.

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Tuesday, 11 September 2007

Federal Government saves FFA

The Federal Government have handed over $16 million over 4 years to save football from further embarrassment.

Maybe now the FFA can appoint a National Coach, think about a Women's League and a Men's Youth League, even release the Technical Report, or maybe just save face!


An original $15 mill had been granted to the FFA to set up the new A-league, and the FFA. There was no costs for Asia in the plan because we hadn't been accepted at the time!

Then we joined Asia

Olympic qualifiers for men and women's cost $2.2 million to date, and they don't bring much(any) revenue in.

Also all the Asian Cup stuff etc look at the costs that weren't budgeted for when the orignal $15 mill wwas asked for.

Soooo, FFA needed money desperately.

Evidence:
No new coach after the World Cup, never mind the Asia Cup.
No tech report produced..as no money to implement anything.
No sacking Graham Arnold..can't afford to pay out his three year contract.
No Youth League
No Women's league
AIS about to be pulled out of VPL
the list goes on.

FFA were teetering on financial disaster, they had to beg to get the extra money; $4 million a year.

Government had been stalling with questions like, "Why do you need this money. We gave you $15mill and you never mentioned anything about Asia. Why won't you come back in four years and want more? Seems like there was some tense negotiating but there must be some supporters in Government who can see the benefits of building links with Asia through football.

But don't assume this will ensure new leagues etc, it may just get them out of a big hole and allow by the end of year three or four to implement some of the leagues, if other revenues can be secured.

Other revenue is still required, after all what does $4mill a year really buy?

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