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How clubs can manage their finances

The ability for a soccer club to control their finances is make or break for the long-term success both on and off the pitch.

For local level teams, it can make all the difference to have an adequate system in place.

Club staff have to think on a day-to-day basis about ways to improve their finances and in turn grow their income. It’s something that needs consistent maintenance, otherwise it can all get out of hand.

That’s why organisation is the ultimate key to success. The main thing to do is review finances at the end of each month. This is assessing all incomings and outgoings and checking if these are at typical levels.

Getting the club to have an account on its own will prevent errors or mix ups, which could happen if it’s a joint account with a board member.

When the financial year comes to an end, annual reports must be prepared by an accountant or checked by someone with relevant expertise.

Another aspect to the financial process is budgeting, both for short term and long term. Budgeting should take place on both a short term and long term basis. The short term budget would outline both daily, monthly and quarterly outgoing and incoming funds, while the long term budget shows funding for 3-5 years.

It’s important to keep it realistic, ensuring a club knows what they expect to spend. Being able to stay under budget means it can be revised for the following year. When formulating the budget, what was spent last year versus income will be taken into consideration. It will highlight where spending for supplies may need to be cut, or even negotiating for a better deal.

The club treasurer is normally the one in charge of maintaining the budget, but all senior figures at the club can look over it.

Gaining as much income as possible will point a club forward in the right direction. There are many factors which can contribute to income growth, with clubs encouraged to review the following areas to maximise their profit:

  • Membership and subscription fees.
  • Finding and sticking with key sponsors.
  • Fundraisers and events.
  • Commercial activities.
  • Acquiring grant funding.
Liam Watson is the Managing Editor at Soccerscene. He reports widely on football policy, industry matters and technology.

Football Queensland’s State Coaching Conference to return

Football Queensland has confirmed details of the State Coaching Conference, which will be held at the University of Queensland in Brisbane.

Football Queensland has confirmed the return of their State Coaching Conference, which will be held at the University of Queensland in Brisbane on Sunday, February 6, 2022. 

Hosted at the UQ St Lucia campus, the conference will bring together coaches from across Queensland and will feature guest speakers to deliver a combination of theoretical and practical sessions. 

FQ General Manager – Football and State Technical Director Gabor Ganczer, views the 2022 State Coaching Conference as a per welcome coaches from all levels of the game. 

“Following the success of the International Football Coaching Conference Australia (IFCCA) held in 2019, Football Queensland is delighted to once again deliver a fantastic development and learning opportunity for coaches with the conference to be held in February,” Ganczer said. 

“The 2022 State Coaching Conference will welcome coaches from across Queensland, with attendees to receive Continuing Professional Development (CPD) points and benefit from opportunities to network with fellow coaches and guest speakers in attendance. 

“Whether you’re just starting out on your coaching journey or are on the advanced coaching pathway, the State Coaching Conference will be a great way to prepare for the 2022 season.”  

Early bird registrations for the 2022 State Coaching Conference are now open. Click here to secure your spot now. 

KEY INFORMATION 

Date: Sunday, February 6, 2022
Venue: University of Queensland St Lucia Campus, Brisbane
Time: 9am-5pm
Cost: If purchased before Tuesday, 11 January (early bird offer) – $120
*If purchased after Tuesday, 11 January – $140 

Get your delegate pass here.

Football Queensland’s 2022 State Referee Conference announced

Football Queensland has outlined details for the 2022 State Referee Conference, which will be held at the Logan Entertainment Centre.

Football Queensland (FQ) has outlined details for the 2022 State Referee Conference, which will be held at the Logan Entertainment Centre on Saturday, February 5 and Sunday, February 6 next year. 

In a two-day event, the conference will welcome a variety of referees covering all levels of the game, and will feature an Assessor Seminar as a main focus for the second day.

“Football Queensland is delighted to invite match officials from across the state to join us for the upcoming State Referee Conference, which is always a highlight of the football calendar for all Queensland referees,” FQ CEO Robert Cavallucci said. 

“Regardless of whether you’re just starting out on your refereeing journey or an established match official in the NPL Queensland, the conference is a great development opportunity and a chance to socialise with the wider refereeing community. 

“The 2021 State Referee Conference saw referees from all levels of the game come together ahead of the season to hear from guest presenters including Football Australia Head of Referees Nathan Magill. 

“Next year’s event will follow a similar structure, with guest presenters joining us for sessions on day one before the Assessor Seminar on day two will welcome assessors and any referees who wish to mentor in 2022. 

“We look forward to seeing match officials from across Queensland join us for next year’s State Referee Conference ahead of the 2022 season.” 

Further information on guest speakers and topics will be announced in the coming weeks. 

Register for the 2022 State Referee Conference here. 

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