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It's more than a business: commerce, culture and clubs in the Australian Football League.
From:
Arena Magazine
| Date:
April 1, 2004| Author:
Capling, Ann
| COPYRIGHT 2004 Arena Printing and Publications Pty. Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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In early February this year, the Melbourne Demons became the third club to seek emergency assistance from the Australian Football League, after recording its third straight year of heavy financial losses. With accumulated losses of more than $5 million, and an outstanding tax bill of nearly $1 million, the Demons were forced to apply to the AFL's 'competitive balance fund' in order to stay afloat. Thus the AFL's oldest club--and the silvertails of the competition--joined two of Mel...
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