Carlton board and benefactors under attack
A Carlton board challenger, who is taking on club president Mark LoGiudice and two members of the influential and wealthy Pratt and Mathieson families, has attacked the Carlton board for the repeated “hiring and firing” of coaches and list manager Stephen Silvagni, in what he defined as “a lengthy period of off-field instability and on-field under-performance”.
John Hollingsworth, who served as chairman of Softball Australia until last year, when he unsuccessfully sought election to Carlton’s board, said the club’s lack of finals appearances over the past decade was “unacceptable for any AFL club, let alone a club with a proud history of leadership in Australian sport” and said the longest serving directors had “had their day”.
Carlton president Mark LoGiudice.Credit:Darrian Traynor
Hollingsworth is one of two challengers – the other being grass roots member Steve Khatib, who also stood for the board last year – and is standing against not only the club president, but Jeanne Pratt, the octogenarian matriarch of one of Australia’s wealthiest families, and Craig Mathieson, the director whose uncle, Bruce Mathieson, is a gaming magnate and an important club benefactor. There are three positions available.
Hollingsworth, who runs investment firm Hawkstone and chaired Softball Australia for six years, also criticised the Carlton board’s over-reliance on “pokies income and donations from wealthy benefactors”. President LoGiudice hit back by saying that the Blues were well-placed for on-field success, following a six-year rebuild, and were “less and less” reliant on the revenues from their gaming venues due to new business ventures.
LoGiudice is due to step down from the presidency in 12 months, according to the club’s rules on term limits, unless the members endorse him continuing beyond that (12-year) limit via a vote. LoGiudice would not be drawn on his intentions beyond this year, except to say that the club’s board succession was “a thorough and managed process” with skills governing those who were nominated by the independent nominations committee.
LoGiudice said the club had the best playing list for years, had wiped out $7 million in debt since 2018 and record revenue, sponsorship and membership entering this year.
But the challenger Hollingsworth, whom the club’s nomination’s committee chose not to endorse in the interests of stability, said the club’s performance was “unacceptable”.
He said Carlton had not won a flag since 1995, not played finals since 2013 and not made top four since 2000.
“These are facts highlighting an underperformance that is unacceptable for any AFL club,” he said.
“I’m standing against Craig Mathieson, Jeanne Pratt and Mark Lo Giudice. They are the three longest serving directors and during their 10-year plus terms Carlton has had zero flags, zero top four finishes and one finals appearance [from ninth position].”
This was a “stark contrast” to Richmond, Hawthorn and Geelong, he said.
“Over a 10-year period this board has presided over [Brett] Ratten firing, [Mick] Malthouse hiring and firing, [Steven] Trigg hiring and firing, [Brendon] Bolton hiring and firing and Silvagni hiring and firing. This can easily be summarised as a lengthy period of off-field instability and on-field under-performance.”
The president, however, said the club’s strategic plan from 2019, which would see a flag by 2023, was on track with an aim of winning premierships. “Did we get every step of the way right? Maybe not. But we stuck to our plan and we are accountable to what we’ve done,” LoGiudice said.
“Our historical debt is now zero.”
LoGiudice said they had built a business through non-traditional revenues such as Carlton in business and Carlton College of Sport to “secure the football club”, investing in the men’s and women’s teams.
He said the Blues also had a $42 million development of IKON Park, with $35 million from governments.
“I would say that we’ve got a lot better list now than we had five, or six, or seven, or eight, or nine years ago. Has it been a long road? Yes, but we had a plan and, importantly, we told our members,” he said.
“We’ve got the right talent to make finals and this [is] both for AFL and AFLW.”
Asked about the hiring and firing allegation, he said: “I don’t say anything about that other [than] we’re here to build the football club, you need different people for different times and we’ve got a team now around us.”
On pokies reliance, he added: “We are now less reliant on our hospitality venues and as we continue to build the non-traditional revenue businesses, we’ll become less and less reliant on poker machines.”
Carlton members have been voting online since January 28, with voting closing on February 22.
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