How the heck...

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How the heck...

Postby BrantfordRanger on Tue Feb 28, 2017 12:57 pm

Do we bring in $300,000 more than London every year in revenue but bring in 1.7 million less in profit?

https://twitter.com/CTVKitchener/status/836612704563572736
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Re: How the heck...

Postby Number65 on Tue Feb 28, 2017 3:43 pm

We donate most of our profit to the community.
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Re: How the heck...

Postby Medway Bear on Tue Feb 28, 2017 5:56 pm

New scoreboard, seats, ribbon boards, dressing room, offices, laser projection. All paid for by The Rangers.
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Re: How the heck...

Postby wrister on Tue Feb 28, 2017 7:21 pm

It is like comparing apples to oranges, Kitchener is not for profit community owned with reno and clock debts to pay off, London is for profit privately owned by the Hunters. Finances for both organization are reported on that basis and with the creative accounting , accountants can do you would probably need a forensic audit to figure out what the actual figures are for these 2 teams or any of the others for that matter.
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