{"id":27290,"date":"2019-02-11T00:00:00","date_gmt":"2019-02-11T00:00:00","guid":{"rendered":"https:\/\/cms.fiveaa.com.au\/uncategorized\/david-koch-opens-up-about-port-adelaide-s-serious-misstep-last-year\/"},"modified":"2019-02-11T00:00:00","modified_gmt":"2019-02-11T00:00:00","slug":"david-koch-opens-up-about-port-adelaide-s-serious-misstep-last-year","status":"publish","type":"post","link":"https:\/\/cms.fiveaa.com.au\/show\/david-koch-opens-up-about-port-adelaide-s-serious-misstep-last-year\/","title":{"rendered":"David Koch Opens Up About Port Adelaide\u2019s Serious Misstep Last Year"},"content":{"rendered":"<h3>Port Adelaide chairman David Koch says it is \u201cterrific\u201d to have Sanjeev Gupta\u2019s GFG on board as a second major sponsor and admits it was a \u201cbig fail\u201d not to secure one last year.<\/h3>\n<blockquote><p>\u201cIt\u2019s terrific for the club and really appreciate the support from the Gupta family,\u201d Kochie told FIVEAA breakfast on Monday. \u201cIt\u2019s very much community based and that\u2019s what we love about it &#8212; community and family based.<\/p>\n<p>\u201cIt\u2019s a really significant thing for the club. We didn\u2019t have a second joint major last year and that was a big fail by us not to do it.<\/p>\n<p>\u201cGFG have come on board and a multi-year deal so it gives some real financial security to the organisation for the next few years.<\/p>\n<p>\u201cWe still made an operating profit [in 2018]. We were going to start paying down debt last year and because of that hole we couldn\u2019t pay down debt. Our football program was fully funded. We fully funded all our community programs as promised. The profit was less than expected.\u201d<\/p>\n<\/blockquote>\n<p>Kochie also offered an update on where the club is at in its search for a new captain:<\/p>\n<blockquote><p>\u201cThat\u2019ll be coming in the next two weeks, hopefully before the JLT.<\/p>\n<p>\u201cWe\u2019ve got to decide on that. What happens is that the football department and the football committee make a recommendation to us as a board, so we\u2019ll wait and see what that recommendation is.\u201d<\/p>\n<\/blockquote>\n<p>LISTEN:<\/p>\n\n<iframe loading=\"lazy\" width=\"100%\" height=\"188\" src=\"https:\/\/embed.acast.com\/david-will\/interview-davidkoch-11february2019\" scrolling=\"no\" frameborder=\"0\" style=\"border:none;overflow:hidden;\"><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Port Adelaide chairman David Koch says it is \u201cterrific\u201d to have Sanjeev Gupta\u2019s GFG on board as a second major sponsor and admits it was a \u201cbig fail\u201d not to secure one last year. \u201cIt\u2019s terrific for the club and really appreciate the support from the Gupta family,\u201d Kochie told FIVEAA breakfast on Monday. \u201cIt\u2019s [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":2878,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[244,231],"tags":[246,248],"geo_market":[],"class_list":["post-27290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-david-and-will","category-show","tag-fiveaa-app","tag-sport"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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