North Melbourne announce 2016 profits
North Melbourne have recorded a profit in 2016, as well as reducing the club’s overall debt. The club posted a net operating profit of $470,046, while reducing their overall debt by $400,000 to $1.25 million. Managing Director and CEO Carl Dilena also announced an increase in total revenue to $38 million as a result of growth in gate receipts, membership and merchandise sales. In 2016, North Melbourne also re-signed a five year deal to play three matches a season in Hobart, as well as maintaining...