2019 Financials

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Post by Thebby Fri Jan 17, 2020 7:38 pm

Eagles Club 334 K profit
Football Club 87 K deficit
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Post by Goddsy11 Sat Jan 18, 2020 11:06 am

Thebby wrote:Eagles Club 334 K profit
Football Club 87 K deficit

Good result by the Eagles club. Is the Football club result after transfer of Eagles club donation, is so not to good. Have the financials been sent.?
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Post by wimpy Sat Jan 18, 2020 1:12 pm

goddy11 wrote:
Thebby wrote:Eagles Club 334 K profit
Football Club 87 K deficit

Good result by the Eagles club. Is the Football club result after transfer of Eagles club donation, is so not to good. Have the financials been sent.?

Can check the full financials on the WWTFC web site.

I think you will find all clubs make a loss on the football side, that is why clubs have other major sources of income ie 722.
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Post by Goddsy11 Sat Jan 18, 2020 4:22 pm

Thanks for that Wimpy. I never can understand these financial statements properly, however it looks like the Eagles club donated $300K to the football clubs bottom line. 87k loss doesn't look good. Last year we made $16K profit. Interesting was an increase of $80k on league and reserves. I wonder who is on the big pay-packet.
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