Tag: Port Power financial mess

RAW: SANFL – The Gravy Trains That Keeps Chugging Along

When one looks at the SANFL cash flow statement over the past five years, the net cash generated from its operations has declined from $6.26m to -$0.618m, a turnaround of $6.8m. With further declines in crowds and events, one can only imagine this year’s results will be yet worse. So what has the SANFL done about it? Complain mostly it seems.