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Buy-A-Brick Scheme To Save Sydney’s Annandale

News posted Monday, December 12 2011 at 11:00 AM.
Related: Annandale Hotel.

Buy-A-Brick Scheme To Save Sydney’s Annandale

The future of Sydney’s Annandale Hotel is in your hands.

With mounting debts and the failure to attract an appropriate buyer – developers have been circling since the property went on the market in March – owners Dan and Matt Rule have dreamed up a unique plan to keep the rock’n’roll institution alive.

As of next year, the pair will be selling off memberships in the form of bricks. For $20-$250, you get a wall-mounted brick bearing your name, and a certificate for helping save the pub. Speaking to The Daily Telegraph yesterday (December 11), Matt Rule said all funds raised will go towards reducing the hotel's debts, as well as much-needed renovations including an overhaul of the bandroom and its famed sticky carpet. He said several musicians and Annandale regulars have pledged their support.

“Having punters own a part of this place will allow it to remain as a music venue,” Matt Rule said.

The Telegraph also reports that the Annandale’s nine poker machines have been sold off to repay some of the mounting debts. “[Rock] punters don’t play poker machines,” Dan Rule told M+N in an interview ahead of the pub’s 10th anniversary celebrations last year. “I’ve got mates that own hotels and they take $40,000-$60,000 out of their machines a week. I don’t even take $500 out of my machines a week.”

For more information on the buy-a-brick scheme click here.

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Your Comments

Big Bad Bo  said about 2 years ago:

wow, no one is game to go near this. I get that they have to do something, I doubt this will be the something they need though.


Wyld Ted  said about 2 years ago:

I'll be in this. I support the Annandale whole heartedly. Whenever my band plays there we never take our earnings. Needs to go back into the pub to keep it alive


ghoti-max  said about 2 years ago:

Great idea - will be buying a brick for sure


anonymous  said about 2 years ago:

hmmm.


Wyld Ted  said about 2 years ago:

not convinced, homeboy?


anonymous  said about 2 years ago:

isn't it just socialising losses? we all complained when goldman sachs got billions of dollars of taxpayers money.

if this turns the pub around and they start making mad cash, will everyone on the wall start getting free beer and/or tickets? you're essentially paying the pub for the renovations directly, and then keep paying the pub for the privilege of using them.

I like the annandale and have seen some great shows there, but the last 5 years has been nothing but doom and gloom on the business front.


tinyman  said about 2 years ago:

bricks should pay dividend. other than actual bricks.


Wyld Ted  said about 2 years ago:

It's about keeping it open. It's not for your advantage.


Wyld Ted  said about 2 years ago:

Besides being able to attend for years to come


flukazoid  said about 2 years ago:

They've been in trouble for years now. What's to say that offsetting some debts and costs will actually give them any more of a sustainable business model? Nothing, actually.

IMHO, this is a bad idea. Venues deserve our full support, but this one doesn't appear to be being run in a sustainable manner. They're just prolonging its death.


anonymous  said about 2 years ago:

surely keeping something unsustainable open only delays the inevitable?


anonymous  said about 2 years ago:

zing.


aloha  said about 2 years ago:

what were the rule brothers involved with before the annandale?


Kung Fu Hipster  said about 2 years ago:

I'm gonna buy one and then karate chop it in half with my bare hand.


Wyld Ted  said about 2 years ago:

Kung Fu Hipster said 6 minutes ago:
I'm gonna buy one and then karate chop it in half with my bare hand.

POTD


rabidbunny  said about 2 years ago:

surely some well off muso's or industry types who know and love the Annandale can put their wallets and thoughts together and help out here. It will be a shame to see another venue gone.


Wyld Ted  said about 2 years ago:

If they were going to do that they would have done it by now. And I doubt anyone that has cut their teeth at The Annandale is ridiculously rich. Sad, but true


flukazoid  said about 2 years ago:

Great series of comments from esquared on Twitter. Basically sums up my feelings on it.


Wyld Ted  said about 2 years ago:

Post them. Can't see it at work


skilletwaiverjones  said about 2 years ago:

I'll buy 8 bricks if they sack that jerk bartender. If they sacked him they probably wouldn't need to sell bricks.
Guy looks at everyone like they owe him money, just pour the beer cunt.


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whale  said about 1 year ago:

ugh please


tugboat  said about 1 year ago:

mule said 14 hours ago:
Pub-licity stunt

!


andydepressant  said about 1 year ago:

If it gets them more publicity for Sticky Fingers (as their management) than a drum media ad it is money well spent. A lot of people who don't go to the Annandale drive past it in heavy traffic.

Hottest 100 is an interesting phenomena because it breaks out of the ghetto of ''indie.'' I've always had the impression that people who might tune into JJJ when there are ads on Today FM, Triple M, Nova etc or just sporadically actually, if vaguely, care about the Hottest 100. If you can cut through to that demographic you can go from playing Jack Ladder crowds to Faker crowds. Well worth $500 for a chance to make that jump.


Captain Oblivious  said about 1 year ago:

I think Jack Ladder would be drawing bigger crowds than Faker these days.


Kit  said about 1 year ago:

I shouldn't have waited to sell my Kids On Overload single :(


klaximopark  said about 1 year ago:

Sad face.


RoastOxCrisps  said about 1 year ago:

What's the news?


Ralph Malph  said about 1 year ago:

anonymous  said about 1 year ago:

Quick, grab a pickaxe and pick up the brick you paid for.


als_fish  said about 1 year ago:

I cant help but feel this is all Sticky Fingers fault.


tugboat  said about 1 year ago:

I blame ghoti-max


als_fish  said about 1 year ago:

I drove past the other day and noticed the entire block but the pub had been levelled. Thought it looked ominous.


ghoti-max  said about 1 year ago:

I'm guessing that it was the very moment the Rule brothers painted their surnames on the building's crest with crowd-funded paint that it went bust.

I don't want to be cynical about this though! I'll miss the building and the memories.


NotMorrissey  said about 1 year ago:

God damn, one of the few places I left my hole to go to.

And that place used to be the Hopetoun... God damn.


dannulla  said about 1 year ago:

This has become one of the places that I end up at more than any other sine the Hoey shut, really going to miss it if it goes


MelonHCST  said about 1 year ago:

Newtown Social Club are going to be busy


tenzenmen  said about 1 year ago:

show on friday still on? will be the first time i've been there in a few years i think


RoastOxCrisps  said about 1 year ago:

Ain't much left of the music scene I grew up in.


columbo  said about 1 year ago:

sigh. my first time there would have been in 1993 or 1994 to see Crow - supported that night by The Mavis's


LeRayonVert  said about 1 year ago:

For me it was Screamfeeder & Daisygrinders in early '94.


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