Wednesday, June 1, 2011

Crunch time looming for Pt Adelaide footy club

The SANFL adviser appointed to Port Adelaide Football Club board, John Irving, has resigned.

There are reports the League could take over the debt-ridden club.

The SANFL is said to have no cash reserves to let it keep underwriting the football club.

The Power says it is continuing to work with the SANFL.

In a statement, the club says it expects to report a significant financial turnaround of at least $2 million in 2011.

Former development coach with the Power and former SANFL Magpies player and coach Stephen Williams concedes it is a difficult time.

"If the Adelaide [Crows] footy club can't make money in Adelaide how is Port Adelaide going to make it?" he said.

"And the [Adelaide Oval] stadium deal is just not favourable to both clubs.

"Football certainly brings a lot of money to the SANFL in Adelaide but it goes straight to the SANFL and then they give it back to Port Adelaide."


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