WEBVTT - John Olsen on a landmark day for Crows new HQ!

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<v Speaker 1>Well in a big morning of a big announcement, and

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<v Speaker 1>it's been coming for a long long time. It's nearly

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<v Speaker 1>a decade. I've just discussion and the soil was turned

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<v Speaker 1>this morning by none than the Adelaide Football Club chairman,

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<v Speaker 1>mister John Olson. Welcome John, Congratulations, Jimmy, good.

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<v Speaker 2>To be with you. Thank you. Very important day it was.

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<v Speaker 1>It was and was it exciting mate? I saw all

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<v Speaker 1>the shovels lined up.

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<v Speaker 3>Did you get your hands there?

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<v Speaker 4>Yes, we did, putting a dust around today. A journey

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<v Speaker 4>of three eight hundred and twelve days to get here.

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<v Speaker 4>So it's been a long complicated journey, dealing with a

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<v Speaker 4>whole raft of different stakeholders. But we're there and we're

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<v Speaker 4>now on the custard delivering this project for our membership and.

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<v Speaker 2>Fans relief or pride. John absolutely relieved.

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<v Speaker 4>It's a really important milestone. ROWI but recognizing.

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<v Speaker 2>There's still a lot of work to do.

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<v Speaker 4>So I use the analogy today it's you've done all

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<v Speaker 4>the hard work to get to the vinyls and then

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<v Speaker 4>you've got to start all over again. Because it's now

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<v Speaker 4>we've got into the building phase. We've got to focus

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<v Speaker 4>on delivery as best we can on time on budget.

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<v Speaker 4>Although we've got a fixed price contract which gives a

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<v Speaker 4>degree of financial security to the club going forward, we

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<v Speaker 4>didn't want to enter into any arrangement that was in

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<v Speaker 4>any way put at risk the financial sustainability of the club.

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<v Speaker 3>How much have the delays cost?

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<v Speaker 5>Remember interviewing you March last year and you said, for

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<v Speaker 5>every month there is a delay, ats a million dollars?

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<v Speaker 3>Have you had you tali that cost?

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<v Speaker 4>It'd be in the if you from day one.

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<v Speaker 2>If I go back five years ago.

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<v Speaker 4>Was when the first had the first discussion with Maya

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<v Speaker 4>Coxon of the City of West Torrance, and that at

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<v Speaker 4>that time we were anticipating about eighty five million dollars.

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<v Speaker 4>Well it might have been eighty five to ninety and

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<v Speaker 4>if it's now an one hundred million dollar project, so

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<v Speaker 4>we'd be talking escalation over that five year period at

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<v Speaker 4>the order of perhaps up to ten million dollars. And

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<v Speaker 4>so that's meant that we've had to secure some additional

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<v Speaker 4>funding further two point seven million from the Commonwealth Government

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<v Speaker 4>and increase our target for sponsorship and donations from supporters

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<v Speaker 4>of the club.

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<v Speaker 3>What will your debt be.

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<v Speaker 4>Deb will be approximately fifteen million at the end of

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<v Speaker 4>the day. It depends if the have fundraising continues on

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<v Speaker 4>the trajectory going at the moment, it could well be

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<v Speaker 4>less than that.

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<v Speaker 5>How do people, if they want to and they could

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<v Speaker 5>hear this, contribute to the club. I think you're probably

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<v Speaker 5>talking about hundreds of thousands of dollars, not wondllar coins

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<v Speaker 5>and two dolar coins. How and where do they go

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<v Speaker 5>to get that info?

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<v Speaker 4>They can get that from the club. There's dedicated team

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<v Speaker 4>looking after that. Anything that's contributed its tax deductible. A

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<v Speaker 4>number of people are looking at a five year contribution,

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<v Speaker 4>an annual contribution over five years and that is tax

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<v Speaker 4>deductible because it's through the Australian Institute of Sport. We've

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<v Speaker 4>got tax deductibility for the donations that are made of

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<v Speaker 4>both people and it's the full scale rowe hundreds of

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<v Speaker 4>thousands down to quite small amounts. We'd be grateful for

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<v Speaker 4>whatever comes our way and we'll be ramping our outreach

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<v Speaker 4>to our members, supporters, our fans to increase that as

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<v Speaker 4>we get into the build. The important thing was to

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<v Speaker 4>demonstrate we're past talking, we're now doing and delivering this.

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<v Speaker 5>Who on your board has development experience or do you

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<v Speaker 5>have consultants that will overlook this and report to the board.

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<v Speaker 4>John, We've got a number of consultants, one from Interstate,

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<v Speaker 4>one from here. We also have Adrian Espland, who was

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<v Speaker 4>the CEO of Sarah Constructions and he's been with our

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<v Speaker 4>facility committee helping us, supporting us for a couple of

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<v Speaker 4>years and he'll now chair the project delivery committee. So

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<v Speaker 4>he's a CEO of a well reputable, high profile and

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<v Speaker 4>important South Australia construction company and he'll be overseeing all

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<v Speaker 4>the reports to the board.

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<v Speaker 3>Okay.

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<v Speaker 5>Will the Crow sample team play home games home games there?

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<v Speaker 4>That's what we would hope to be the case. We've

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<v Speaker 4>got to have the agreement expire that we entered into

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<v Speaker 4>when we did the shift to Adelaide Oval, But upon

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<v Speaker 4>the expires that agreement and perhaps before what we want

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<v Speaker 4>to do is our w team will play their home

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<v Speaker 4>games there and as sample team also to play home

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<v Speaker 4>games there.

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<v Speaker 3>Okay.

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<v Speaker 2>That then puts us on an.

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<v Speaker 4>Even footing with the other clubs in the sample competition.

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<v Speaker 5>We're directing, John, and I know we love getting you

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<v Speaker 5>on because you do field questions, UNI comestyle food text.

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<v Speaker 3>There's a number of them coming through.

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<v Speaker 5>Is there a part or an area there that's licensed

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<v Speaker 5>where I can have a beer or wine?

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<v Speaker 2>Yes, there is.

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<v Speaker 4>There will be a cafe in the facility and also

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<v Speaker 4>a member's lounge, so you'll be able to come as

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<v Speaker 4>a fan or a supporter or a member, and you'll

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<v Speaker 4>be able to watch either indoor or outdoor seating the

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<v Speaker 4>squad training at seb Oval, so you'll be able to

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<v Speaker 4>see it firsthand and have a soda, water or a

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<v Speaker 4>drink in the cafe or the lounge.

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<v Speaker 3>Fantastic John.

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<v Speaker 1>The actual oval itself. Will they end up doing Adelaide

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<v Speaker 1>oval dimensions or will they go somewhere similar to McGlade.

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<v Speaker 4>Well, to me at the moment they're digging up the oval,

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<v Speaker 4>the old Sevenden oval. Yes, it'll be rion orientated on

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<v Speaker 4>the same axis and size as Adelaide Oval. It'll be

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<v Speaker 4>an absolute snapshot of Adelaide Oval. That'll be Sebbi Oval.

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<v Speaker 4>And then on King's Reserve will have a training field,

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<v Speaker 4>second oval training smaller oval training field. And when the

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<v Speaker 4>tunnels are finished, then a Marvel Stars stayed and will

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<v Speaker 4>able to be put there because the land towards the

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<v Speaker 4>tunnels when construction's finished, will become available, gotcha.

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<v Speaker 1>So it'll be it'll be almost two parts that second oval.

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<v Speaker 2>Yes, yes, we'll.

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<v Speaker 1>Stay and second yeah, gotcha? Correct, Yeah, I should have

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<v Speaker 1>come down this morning able to have to tear me on,

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<v Speaker 1>made me debut on TBDA.

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<v Speaker 4>Did you made me debut there?

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<v Speaker 2>Now?

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<v Speaker 1>Did you have a few old West terms? Boys?

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<v Speaker 5>There is that right?

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<v Speaker 3>Yes?

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<v Speaker 4>At Johnny Graham Lindsay was there. There's a whole the

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<v Speaker 4>whole group of people and it was really great to

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<v Speaker 4>see them down there. And we've said the history and

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<v Speaker 4>the heritage of football on that oval will be maintained

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<v Speaker 4>a heritage gates, the Heritage Grandstand will have them on

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<v Speaker 4>a board and recognize the samful footy greats that played

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<v Speaker 4>at SEBDA Noval. And interestingly, this week, I think it

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<v Speaker 4>is eight years ago the w team played their first game,

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<v Speaker 4>first game of.

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<v Speaker 5>A number of people asking this one, will our membership

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<v Speaker 5>go up?

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<v Speaker 4>No, not related to this at all. In fact, we

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<v Speaker 4>made a decision to avoid that and we'll be going

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<v Speaker 4>down several phases phases of raising. We're in the one

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<v Speaker 4>hundred thousand dollars category, moving down to the twenty five

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<v Speaker 4>to fifty thousand dollars category all tax deductible, and then

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<v Speaker 4>moving from that again, we're proposing to do our fundraising

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<v Speaker 4>tax deductible fundraising. That's an offset we didn't propose and

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<v Speaker 4>do not have not proposed in our financial modeling to

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<v Speaker 4>apply any membership increase to the facility as it relates

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<v Speaker 4>directly to the facility.

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<v Speaker 5>Well, that answers that to a number of people in

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<v Speaker 5>the unique homestyle through text. Our club's AGM will be

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<v Speaker 5>her held. I think it's early March, the march any

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<v Speaker 5>board announcements, not the member elect and that'll take its course,

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<v Speaker 5>but any other board announcements that you anticipate before.

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<v Speaker 4>Then, I would hope we'd be in a position to announce.

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<v Speaker 4>We have several vacancies.

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<v Speaker 2>On the board at the moment. We've got a.

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<v Speaker 4>Football first focus and we have been in discussions and

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<v Speaker 4>addressing that issue. I'd hope once we go through all

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<v Speaker 4>the checks and balances and governments, governance arrangements, etc. Prior

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<v Speaker 4>to the seventh of March, we'll be in a position

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<v Speaker 4>to announce the composition of the board.

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<v Speaker 3>Okay, is Neil barm in that shuffle.

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<v Speaker 4>We've had discussions with Neil Well, we've had discussions with

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<v Speaker 4>Neil over several years, and perhaps unfortunately over those several

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<v Speaker 4>years they haven't come to fruition. However, we are in

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<v Speaker 4>discussions with the Neil again, but we'll see where that

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<v Speaker 4>ends up, and there'll be an appropriate time if we

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<v Speaker 4>get to have everything finalized, to make an announcement, and

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<v Speaker 4>I'm hopeful that that will be before.

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<v Speaker 2>The A in March.

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<v Speaker 4>That's what we're striving for.

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<v Speaker 3>Okay, and your footy director is Mark Raschudo.

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<v Speaker 5>Will he go on or he's part of the change

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<v Speaker 5>that you're meeting in early March.

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<v Speaker 4>Well, well, we put in several years ago we changed

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<v Speaker 4>the constitution to put in place term limits for directors

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<v Speaker 4>and the maximum number of years you can serve on

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<v Speaker 4>the board is twelve years. Mark has served eleven. He

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<v Speaker 4>has under the constitution the right to continue to a

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<v Speaker 4>twelfth year, but could not continue beyond that as a

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<v Speaker 4>result of the constitutional changes we put in place.

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<v Speaker 1>John, I've got a unique home style food text from

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<v Speaker 1>a Adelaide support of Patrick. He's just asked, could you

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<v Speaker 1>ask about the member satisfaction survey? Apparently Port Adelaide we're fourth.

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<v Speaker 1>Where did the Crows finish? He wants to know.

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<v Speaker 4>I'm sorry to be off the top of my head,

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<v Speaker 4>I can't tell you that. We do focus on those.

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<v Speaker 4>They're reported to the board on a regular basis, and

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<v Speaker 4>we track our social media very closely. We look at

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<v Speaker 4>our outreach in our social media, and we are in

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<v Speaker 4>our communications and social media activities with the membership base

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<v Speaker 4>and the broader supporter community is up there in the

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<v Speaker 4>top three or four. There's no doubt about that. I

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<v Speaker 4>can't tell you about the satisfaction rating.

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<v Speaker 2>I could have a guess at it, but I'm not

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<v Speaker 2>going to get that.

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<v Speaker 1>That's fair enough. You get a few more brownie points

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<v Speaker 1>with this announcement, don't worry, which is great. Now. You

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<v Speaker 1>know you're mentioning about the fundraising side of it. Have

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<v Speaker 1>you put a subcommittee together for that to try and

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<v Speaker 1>drive getting those funds in to try and reduce that

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<v Speaker 1>immediate debt.

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<v Speaker 4>Yes, we have, and it's got about three components. So

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<v Speaker 4>Rob Chapman's involved in that, Stephen Roach involved with that.

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<v Speaker 4>We have a number and there's about three different streams

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<v Speaker 4>of fundraising and different categories, different dollar amounts, and so

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<v Speaker 4>we've got people who are supporting us in that endeavor.

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<v Speaker 4>At the moment In fact, there's a meeting taking place

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<v Speaker 4>at Adelaide Oval right as we speak, so I'm not

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<v Speaker 4>in that meeting because I'm talking to you guys.

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<v Speaker 3>Good on you so that you raise it.

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<v Speaker 5>John Olson, our guest chairman, big day today for my club.

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<v Speaker 5>Are you bullish on the twenty twenty five season ahead?

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<v Speaker 2>Like me, John, I'm always optimistic.

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<v Speaker 4>Rowie and I look at last year and we were

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<v Speaker 4>caught out with depth of our squad. When you have

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<v Speaker 4>Isaac renk And out suspension concussion for an extended period,

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<v Speaker 4>Riley injured there was injured at the start of the season,

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<v Speaker 4>doesn't participate for almost what sixty percent of the season

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<v Speaker 4>or thereabouts.

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<v Speaker 2>And you take key players out like that and.

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<v Speaker 4>You can't substitute for them, you pay a penalty. This

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<v Speaker 4>competition is so even little things matter. And bringing Cummins

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<v Speaker 4>peeping and Neil Bullen in three Players Finals experience plugged

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<v Speaker 4>into the competition, addressed addressed the depth of our squad

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<v Speaker 4>where people are as the number of them have said

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<v Speaker 4>publicly we're fighting for our position. That is a good

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<v Speaker 4>thing for the club and the determination we've backed the

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<v Speaker 4>footy department in brought in Murray Davis to relieve some

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<v Speaker 4>of the work of Nixy so he can be the

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<v Speaker 4>best he can possibly be. So with all of that,

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<v Speaker 4>focus on round one, Rowie and perform on round one

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<v Speaker 4>and take it from there.

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<v Speaker 1>Yeah.

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<v Speaker 3>I like that. So you're not using the worth if

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<v Speaker 3>word like we did this time last year.

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<v Speaker 4>Well, during my political career, I always understood it was

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<v Speaker 4>very hard if you put a peg in the sand,

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<v Speaker 4>because you're always going to be held right to that.

0:14:22.720 --> 0:14:26.040
<v Speaker 4>And there are so many variables in these injuries, things

0:14:26.040 --> 0:14:28.840
<v Speaker 4>that come to pass, but some are in your control

0:14:29.000 --> 0:14:31.800
<v Speaker 4>and some aren't. And you don't know what the seventeen

0:14:31.840 --> 0:14:35.440
<v Speaker 4>other teams are doing at the moment, where they have improved,

0:14:35.520 --> 0:14:42.440
<v Speaker 4>how they performing in the pre season, trial games, etc.

0:14:43.280 --> 0:14:48.320
<v Speaker 4>So a really big focus this year, supplemented the depth

0:14:48.360 --> 0:14:53.000
<v Speaker 4>of the squad, supplemented the footy department looking at football

0:14:53.040 --> 0:15:00.800
<v Speaker 4>first strategy with Bard appointments, all about delivering finals, exposure,

0:15:00.920 --> 0:15:02.440
<v Speaker 4>experience and participation.

0:15:02.720 --> 0:15:04.359
<v Speaker 2>That's what we exist.

0:15:04.040 --> 0:15:08.440
<v Speaker 5>For, exactly right to you and your team, well done

0:15:08.440 --> 0:15:12.520
<v Speaker 5>over three eight hundred days. As you said, Look, we've

0:15:12.560 --> 0:15:14.240
<v Speaker 5>got a home, we've got a future, we've got something

0:15:14.520 --> 0:15:16.440
<v Speaker 5>that I think all members can look forward to. And

0:15:16.480 --> 0:15:19.440
<v Speaker 5>I know when it's done, we'll be certainly proud. John,

0:15:19.480 --> 0:15:22.240
<v Speaker 5>well done, put the feed up, thank you, put the

0:15:22.240 --> 0:15:25.280
<v Speaker 5>slippers on smok us Agar for about two hours, and

0:15:25.280 --> 0:15:26.160
<v Speaker 5>then you've got to build.

0:15:25.920 --> 0:15:26.440
<v Speaker 3>The bloody thing.

0:15:26.520 --> 0:15:32.080
<v Speaker 4>So the real starts now starts in terms of delivering

0:15:32.120 --> 0:15:33.080
<v Speaker 4>the product itself.

0:15:33.160 --> 0:15:34.080
<v Speaker 2>So thanks guys.

0:15:34.080 --> 0:15:37.000
<v Speaker 5>Good to be with you, just talking to John through

0:15:37.080 --> 0:15:43.000
<v Speaker 5>the years and the Tim Silvers and the club and

0:15:43.400 --> 0:15:46.680
<v Speaker 5>other people that were on the board, certainly the samfle

0:15:47.160 --> 0:15:51.440
<v Speaker 5>the moving parts on this deal was phenomenal, the different stakeholders,

0:15:52.160 --> 0:15:55.440
<v Speaker 5>if you think of it, two councils, the action groups,

0:15:55.880 --> 0:16:02.720
<v Speaker 5>the government departments, the development, the Samful, licenses, mayor's egos,

0:16:04.160 --> 0:16:07.440
<v Speaker 5>to exactly right, exactly right that which is bubbling in

0:16:07.440 --> 0:16:11.280
<v Speaker 5>the underneath, to land. This has been superb and to

0:16:11.360 --> 0:16:14.440
<v Speaker 5>everyone there would have been people that would have thought, oh,

0:16:14.560 --> 0:16:16.680
<v Speaker 5>I mean I think I even said I said to

0:16:16.760 --> 0:16:19.560
<v Speaker 5>John Olson one day, you're not throwing good money after bad.

0:16:19.600 --> 0:16:22.280
<v Speaker 5>It gets to a point where, God, when you stop,

0:16:22.840 --> 0:16:25.240
<v Speaker 5>they're there, they've landed, the shovels are out. This is

0:16:25.280 --> 0:16:27.640
<v Speaker 5>exciting and I feel it as a Crows fan. You

0:16:27.680 --> 0:16:29.480
<v Speaker 5>want to know you've got something in the plans, in

0:16:29.520 --> 0:16:31.760
<v Speaker 5>the wing I want to know that it's done, it's real.

0:16:32.000 --> 0:16:35.520
<v Speaker 1>Like I think talking to John through that journey, that

0:16:35.560 --> 0:16:38.640
<v Speaker 1>there couldn't be any other option but Ebden. They had

0:16:38.680 --> 0:16:40.920
<v Speaker 1>to get had to get in, they had to get dirty,

0:16:40.960 --> 0:16:42.440
<v Speaker 1>and they had to make it happen, and they did

0:16:42.480 --> 0:16:43.320
<v Speaker 1>exactly that event.

0:16:43.560 --> 0:16:44.240
<v Speaker 3>So full crew.

0:16:44.800 --> 0:16:46.400
<v Speaker 5>John's a better man than me because I would have

0:16:46.400 --> 0:16:48.400
<v Speaker 5>spat it and he hanged tough and he was the

0:16:48.480 --> 0:16:51.080
<v Speaker 5>right man in that right job to get.

0:16:50.880 --> 0:16:52.400
<v Speaker 3>This job done. So willed under him