PPRuNe Forums - View Single Post - Is Schofields Flying Club Bankstown in financial trouble?.
Old 14th Jul 2019, 09:11
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pxs
 
Join Date: Jan 2015
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Originally Posted by Mosman



LOL. Haven’t seen over $1 million in investment down at the club.

They lost $1 million because their expenses exceeded their revenue by $1 million. Mind you a quarter of that was salary to two people (according to their website.)

Good on the management and board of SFC for going on then next year and making a profit. They are also on track for another very positive year this year.
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