The Adelaide Crows and Port Adelaide have turned to South Australian Premier Jay Weatherill to resolve the crippling Adelaide Oval impasse that has seen the Power lose close to $2 million in 2014 and the Crows struggle to make a profit.

It is understood that the premier will deliver an ultimatum to the SANFL in the coming days that could ultimately lead to the restructuring of the prize stadium and alter the balance of power in South Australian football. The expected ultimatum follows talks between Weatherill, Crows chairman Rob Chapman and Port chairman David Koch.

Should the SANFL refuse to budge further on the profit sharing arrangement, the state government is expected to reshape the Adelaide Oval management structure. Credit:David Mariuz

The poor financial results in Adelaide come as Geelong prepares to announce a six-figure loss — its first in 15 years. The Cats' commercial division was down in 2014, failing to reach sponsorship, membership and corporate match day expectations along with a downturn in gaming profits.

The poor result at Geelong has seen CEO Brian Cook force a number of staff changes in recent months although the Cats are preparing for a massive fillip in the form of a $70 million-plus state government grant to Kardinia Park should the Victorian ALP assume power later this month.