It has been an absolute cracker of a year for the Brisbane Racing Club our esteemed Chairman of the Horde Nifty Neville Bell tells us. An absolute bloody bottler in fact.

Operating revenue’s up from $37 million to $42 million, there’s been a $1.6 million turnaround in earnings before interest, tax, depreciation and amortization (EBITDA), and things are fairly flying. Like a fair bit of what Nifty tells the punters its’ almost half true, but absolute bullsh*t nevertheless, for reasons I’ll explain shortly.

First though to Whimpey Dave, and he says it’s been a ripper of a year too.

Operating revenue’s up $4.4 million (hang on, didn’t Nifty just tell us it was $5 million?), EBITDA’s up $1.6 million, the sportsfan’s spend on booze is up 9% and on food up 16%, sponsorship is up from $2.6 million to $2.9 million, membership’s up 7.3%, there have been weddings for Africa, and the whole joint’s pumping, jumping and absolutely on fire.

Cute Katie (Churchill), the GM of Sales and Marketing, says things are so hot at the BRC they’re sizzling, and she’s not referring to the Bet Fairy Rorts or Little Dickie’s $150 grand kicker because that’s negative, and Katie is a POSITIVE PERSON who only wants CONSTRUCTIVE CRITICISM not the truth, because that sort of thinking is NEGATIVE and does not have a groovy vibe.

cukat

It’s all about Members and the Corporates for Cute Katie. You turnstile jockey bums in the paddock can go an f*ck yourselves. You don’t even wear Chambray, moleskins and and RM Williams boots and your missus probably can’t even afford to get her hair bleached at the Salon on Racecourse Rd. What bloody good are you plebs to anyone?

Cute Katie tells us membership is up 7% (didn’t Whimpey Dave just say it was 7.3%?), sponsorship is up 7.5% – but then quotes a figure of $340 000 which is over 13% (Whimpey Dave definitely said it was up $300k on a base of $2.6 million, which is 11.5%; I’m getting confused, aren’t we all working off the same set of numbers/), and that non-racing revenue is up 61%.

Director of Operations Paul Williams, a mate of Whimpey Dave’s who used to work with him down at the Gold Coast Convention Centre, agrees with Cute Katie that non-racing revenue is up 61% but then this story diverges from the others, because he says that booze revenue is up 7.1% (Whimpey Dave told us 9%) and that food revenue is up 18.3% (Whimpey Dave said it was 16%).

Confused?

The Brisbane Racing Club management team obviously are.