SANFL MEDIA RELEASE
SANFL lowered its debt profile and increased its pace of financial support for member clubs in the 2016 Financial Year, the results of which were released at the organisation’s AGM on Tuesday March 14.
The ongoing redevelopment of Football Park enabled SANFL to reduce secured debt from $22.53 million to $18.0 million while also allowing it to accelerate debt relief payments to SANFL clubs of $1.59 million in the first instalment of the $16 million to be provided over seven years.
Cash generated from operating activities at the end of the year was $379,000, which was in line with budget and reflects the payment of $1.34 million to the legislated Adelaide Oval sinking fund and an increase in the attendance bonus paid to each AFL club which totalled approximately $1 million.
Other key points from the 2016 Financial Year result included:
- Reduction in secured debt of $4.5 million;
- Reduction in financing expenses of $630,000 due to debt reduction; and
- Reduction in net assets of $5.08m to $102.49m mainly due to the ongoing asset impairment of Football Park.
“The continued strong performance of the Adelaide Oval joint venture and the realisation of our Football Park asset is enabling us to put South Australian football on a more secure financial footing,” said SA Football Commission Chairman John Olsen AO.
“We were not only able to fund game development grants to SANFL clubs of $4.86 million, but we were also able to bring forward debt relief payments which will provide each club with $2 million over seven years.
“This is central to SANFL’s commitment to use the proceeds from the sale of Football Park to secure the viability of our member clubs and then build a future fund for football.
“In addition, we were able to lower our own debt profile significantly in 2016, which has the added benefit of reducing our financing expenses. That is money we are continually redirecting into our game and talent development programs across all age groups and all areas of the football community.
“In fact, we have increased our investment in development programs such as SANFL Juniors, women’s football and participation by $830,000 over the past two years.
“We are on a journey that is going to plan; however, there is still a long way to go before South Australian football has the financial security it needs for the long term.”
SANFL also congratulates its award winners, who were honoured at the 2016 AGM, held at Football Park’s Convention Centre.
SANFL Player Life Members
Daniel Caire (West Adelaide)
Daniel started at West Adelaide Football Club in 2001 in the Club’s Under 13s program and made his League debut in Round 7 v Glenelg in 2006.
Since then he has played 200 games, reaching the milestone in the final round of the 2016 Season.
Daniel was a member of the 2015 West Adelaide Premiership side, and represented South Australia in 2012 and 2013.
Leigh Ryswyk (North Adelaide)
Leigh came to Adelaide after two years with the Brisbane Lions, and made his debut for North Adelaide in Round 1 of 2006, against the Eagles at Prospect.
Since then, he has played 199 League games, and is set to play game number 200 in Round one of the 2017 SANFL Macca’s League Season.
He has kicked 192 goals, and has represented South Australia on four occasions.
SANFL Umpiring Life Membership
Theron Philp (Field Umpire)
Theron commenced umpiring with SANFL in 1990, and over the last 27 years, reached the 200 game milestone in not only League matches, but also at Reserves level.
Along with his 235 Reserves games, Theron officiated in his 200th League game in Round 9 2016 – Norwood v West Adelaide at Norwood Oval.
Theron has to date officiated in 2013 League matches, and shows commitment of the highest degree both in matches and on the training track.
SANFL Merit Awards
Laurie Rosewarne (Glenelg)
Laurie has had a distinguished career with Glenelg as a player, coach and administrator dating back to 1965.
In his time at Glenelg, he has held many positions, including serving on the club’s Board, Hall of Fame Committee, and the Past Players Committee, of which he has chaired since 2007.
Barry Dolman (North Adelaide)
Barry’s service has been hugely influential over 16 years, where he has served on a number of committees, as well as the North Adelaide board, where he was Chair from 2003 -2007.
He was the founder of the NAFC History Committee which is now widely recognised throughout SANFL and the sporting community as one of the most comprehensive of its type.
David Leese (Central District)
David’s record as an official with Central District spans over 24 years, having been involved in managing the Under 17s and later the Under 18s sides, as well as being the zone manager for the South Australian School Football Association.
David was appointed a Life Member of the Central District Football Club in 2011.
Stephen Rayner (Port Adelaide)
Stephen started at Port Adelaide Magpies in 1997 as Reserves Timekeeper, moving to be timekeeper for the League team in 1998.
Since then, he has acted as timekeeper in over 450 matches, missing only 2 matches throughout this time.
He has assisted with the role of statistician at the club on several occasions and has trained up a number of new timekeepers for the Club over the years.
Scott Rickards (Sturt)
During his time at Sturt, Scott has volunteered for a variety of roles, and has been a member of the Club’s Historical and Volunteer committees, acted as Club photographer, and has provided maintenance to clubrooms and facilities.
Scott’s contribution as a volunteer has been significant to the off field functions of the club which has ultimately benefited the on field operation.
Recognition of Service Awards
Robert Murphy (SANFL Umpiring)
Robert started with SANFL in 1974, and over the next 42 years continued his involvement at SANFL, country, and amateur level.
He has spent the last 15 years coaching the Independent Schools umpires, before retiring at the end of the 2016 Season.
Miles Wilson (SANFL Umpiring)
Miles has 26 Years’ service as a SANFL/AFL Umpires trainer, and has demonstrated a commitment and dedication to his role.
He goes out of his way to assist umpires both on match day and at training, and has always provided support and shown a willing to assist new trainers to understand their role.
He conducts himself with a high degree of professionalism and has an excellent rapport with all SANFL umpires.