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Re: And the winner is........
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colin
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Oct 12 08 7:20 PM
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Yes, the financial meltdown will (and has already) affected anyone in business or who carries debt. Not only must there be a concern over sponsors, there must also be concern over Bronte's finances and the business arrangement with Micale. It is the worst possible climate for starting up any new business venture. Player payments will have to be scrutinised closely and 'extra' sponsored deals will be hard to come by.
Of course, this once in a generation financial carnage will also affect every WAFL Club, not just EP. Lets hope the WAFC haven't invested off-shore - particularly with investment banks dealing in sub-prime mortgages in the U.S. Ouch !! Kiss your money goodbye.
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