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Football West records positive result at AGM

Football West News

Football West records positive result at AGM

Thursday, February 18, 2016

Football West conducted its Annual General Meeting at Perth Soccer Club’s Dorrien Gardens on Tuesday, where Chief Executive Peter Hugg reflected on a successful year, including the reporting of a financial surplus.

Football West News

The Company achieved significant financial success of $325,000 over 12 months and $55,000 over 13 months. Football West received approval from the Australian Securities and Investments Commission to move its reporting period to November 1 - October 31, ensuring financial reporting coincides with company activities, including key events late in October when income is minimal.

In 2014-15, total revenues increased 19 percent over 12 months, from $5.4 million to $6.4 million, while expenses rose by seven percent.

As a consequence of the improved financial position, the Football West Board has identified several strategic priorities in 2016, including:

•    Expanding the National Premier Leagues Junior competition to 20 clubs to benefit a further 600 young players

•    Investing in a marketing and advertising package to promote the PS4 NPLWA, All Flags State League Division One, Consolidated Energy Amateur League Premier Division and Bankwest Women’s State League Premier Division

•    Working with the Department of Finance and the Department of Sport and Recreation in the completion of a Business Case on the construction of a Home of Football

•    Working with the WA Government to bring another FIFA World Cup qualifier to nib Stadium and regular matches to the new Perth Stadium at Burswood

•    Revitalising the State team program by developing a program of matches and training opportunities for the Black Swans

•    Conducting a community facilities audit to ascertain pitch and infrastructure demands to cope with the growth in the game

•    Introducing non-traditional forms of the game, such as beach and street football

•    Consolidating the business in a single office location at Lord Street

•    Increasing participation and further improving financial sustainability

Hugg said company finances had improved concurrently with another period of growth for the game, which included an 8.5 percent rise in player registrations.

“It has been an incredible year for the game in Western Australia, which is reflected not just in strong financial results but also in the number of football activities conducted around the state,” Hugg said.

“The game has touched players, administrators, volunteers and fans across the metropolitan area and beyond into our regions. We have embraced a record number of players with 42,000 registered to Football West competitions and another 160,000 involved in casual, indoor and other forms of the game.

“It was also an historic year for football with the Socceroos playing their first match in Perth for more than a decade. It was wonderful to see nib Stadium packed for WA’s first FIFA World Cup qualifier with a show of support that has strengthened the game’s position when negotiating for future matches. We also had had the Perth Glory Women’s team win the Premier’s Plate in the 2014-15 Westfield W-League.”

Members also approved and accepted the nominations of former referee Steve Muldoon and ex-coach Bob Brown for admission to Life Membership.

Initiates file downloadCLICK HERE to view the 2015 Annual Report.

Initiates file downloadCLICK HERE to view the Annual General Meeting presentation.

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