nothappy
Registered User
- Jun 26, 2015
- 869
- 20
HEO Midget AAA released a financial statement on their website.
Home Page
Just look at two lines
Line #2 Revenues, Players Registration
The league takes in revenue that exceeds 1.1 Million each year for 5 years
Line # 36 Operating Cost per Team (Average)
The team average expenses are $62,310.00 at the highest per team for one year.
Quick math 1.1 x 5 years =5.5 million revenue. Team operating cost $62,310.00 x 12 teams x 5 years =$3.7 million
Has the CCHL, HEO Minor and the HEO Midget AAA BOG been overcharging the players and parents of the HEO Midget AAA league? Looks to me like somebody made $1.8 Million from the HEO Midget league.
Home Page
Just look at two lines
Line #2 Revenues, Players Registration
The league takes in revenue that exceeds 1.1 Million each year for 5 years
Line # 36 Operating Cost per Team (Average)
The team average expenses are $62,310.00 at the highest per team for one year.
Quick math 1.1 x 5 years =5.5 million revenue. Team operating cost $62,310.00 x 12 teams x 5 years =$3.7 million
Has the CCHL, HEO Minor and the HEO Midget AAA BOG been overcharging the players and parents of the HEO Midget AAA league? Looks to me like somebody made $1.8 Million from the HEO Midget league.