This just looks like chaos (2)

When 194 Pitt Street was bought in 2007 for $9.75 million members were told about all the amenities it would provide for them.

Later, around 2012, Patrick Campion admitted to members that the real reason for buying it had always been to include it in a future property development.

Now 194 is going to be a shop selling ladies clothing.

Really.

But the rent from this and the TAB combined will be less than half of what the club was getting from the NAB and the Lotteries office 10 years ago – before the committee decided to get rid of them.

Meanwhile the area on Level 2 formerly occupied by Cafe 2 will now be turned into a “function space”.

But hold on. Promoting City Tatts as a function venue was another of Tony Guilfoyle’s ventures. He talked a lot about it and said it was a priority. But it was a complete flop.

The profit from the entire functions operation for his last full year was about $25,000 – LESS THAN HALF OF WHAT ONE POKER MACHINE BROUGHT IN!

So another failed Guilfoyle venture, but a very good gauge of his business ability.

But that’s not the most idiotic part. While Guilfoyle was attempting to promote City Tatts as a function venue, he would hold the City Tatts “planning conferences” for the committee and senior staff in the Blue Mountains ….. or the Central Coast ….. or Melbourne. Anywhere except City Tatts.

City Tatts Information Desk

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