Menu
Finance

Ian Collins Produces 20-Page Review Advising AFL Side Port Adelaide Against Oval Agreement

Former Etihad Stadium CEO Ian Collins advised Australian Football League side Port Adelaide "against signing the contentious Adelaide Oval agreement, warning chairman David Koch that the club would be broke within three seasons under the deal it was being offered," according to Caroline Wilson of THE AGE. Collins' 20-page review "predicted a number of pitfalls in the agreement, which have since become reality and will be debated at next week's review of the Adelaide Oval contract." The review will be chaired by AFL CEO Gillon McLachlan. The "highly sensitive negotiations" to move AFL football from AAMI Stadium to the Adelaide Oval -- highlighted by outgoing AFL CEO Andrew Demetriou as the "greatest achievement of his regime -- took more than four years to come to fruition." Signed at the "11th hour" in March, both clubs "only agreed to terms on the condition of a mid-season review of the agreement, which will start on July 18." Adelaide and Port Adelaide remain "disenchanted at the financial model and concerned the agreement was reached in haste with the AFL determined to complete the deal on the eve of the season." Both parties "were alarmed at the high costs and low match returns from early season games, and remain concerned that the forthcoming review sees the Stadium Management Authority under no legal compulsion to change the deal" (THE AGE, 7/10).

SBJ Morning Buzzcast: May 9, 2024

WNBA regular season games to be available on Disney+; Candace Parker's new role at Adidas; Rory McIlroy will not return to PGA Tour Policy Board and Theo Epstein's role with the PGA Tour moving forward.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/07/11/Finance/Port-Adelaide.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/07/11/Finance/Port-Adelaide.aspx

CLOSE