ST KILDA has good news and bad to announce in coming weeks, with a new major sponsor expected to be disclosed but a loss of as much as $300,000 on the season to accompany it.

The Saints are understood to have finalised a naming-rights deal with Corinthian Doors, a sponsorship that replaces the telecommunications company Vodafone, which chose not to renew its deal with the Saints.

This good news, though, will be discounted by the 2007 financial result, which will now be "break even at best", according to chief executive Archie Fraser.

While the Saints operated profitably this year, a decision has been made to take "some accounting hits" in the form of capital works write-downs and provisions for payments to former coach Grant Thomas and the recently retired Aaron Hamill.

It is understood that as much as $400,000 has been put into the 2007 accounts for the settlement of Hamill's contract, which was not due to expire until the end of 2008. A provision of $270,000 is also understood to have been set aside for the contested claim Thomas has against the club for what he maintains are unpaid entitlements.

"We've got two or three things that we may have to make provision for this year," Fraser said. "Costs that have been involved with the redevelopment of Moorabbin, for instance. Now that the project isn't going to be at Moorabbin we need to write those project costs off. Basically we've got some one-offs this year that are going to significantly reduce the profit."

■ Ben Cousins will not know if he is welcome to continue his career in the WAFL for at least another three weeks after the WA Football Commission adjourned the matter on Wednesday night until its next meeting on December 11. Cousins was banned from playing or training with AFL clubs for 12 months by the AFL Commission on Monday.

With MARK DUFFIELD