NRL triples the VFL's profits in 2013

[Xman]

http://www.afr.com/p/business/sunday/nr ... 6Lw7xn9q1O

"Smith told Financial Review Sunday he was pleased with the financial result, with much of the money of which will be put towards a future fund to invest in rugby league."

So its not actually profit because they haven't funded their future fund

hmmmm

so they put 15Mil in their future fund ... that's ... 15 Million more then last year .. or any fucking year for that matter
how much is left dickhead ?

The AFL put 30 mil in their futures fund per year. Plus they have other investments like the suns and giants. Over and above these costs the AFL still made a 12mil profit. Theyd be well over 50m profit before these.

And the NRL? 40mil before funding their futures fund or other investments.

:>::

[Raiderdave]

http://www.afr.com/p/business/sunday/nr ... 6Lw7xn9q1O

"Smith told Financial Review Sunday he was pleased with the financial result, with much of the money of which will be put towards a future fund to invest in rugby league."

So its not actually profit because they haven't funded their future fund

hmmmm

so they put 15Mil in their future fund ... that's ... 15 Million more then last year .. or any fucking year for that matter
how much is left dickhead ?

. Theyd be well over 50m profit before these.



:>::

but they aren't are they?
they have ............. these ... don't they?

we don't
do we ?
we will pocket more then the VFL after we pay all our bills & set some aside for growth

won't we ?

its a bitter pill
bite down hard .. it isn't the end of the world that you've been beaten by us ...again... in another area
you guys should be getting used to silver medals & coming 2nd by now :_<> :_<> :_<>

[NRLCrap1]

No, Dave, you're wrong. The NRL is in big trouble and you simply can't bring yourself to admit it.

[Raiderdave]

No, Dave, you're wrong. The NRL is in big trouble and you simply can't bring yourself to admit it.

:_<> :_<> :_<>


one year
& we bank more then the bumbles n fumbles :_<> :_<>

[NRLCrap1]

And yet we have a lot more in our future fund, something that you don't have until now.

We've been banking for years. You only just started. And that'll disappear when you have to rescue clubs like Parramatta and Canberra!

[Xman]

No, Dave, you're wrong. The NRL is in big trouble and you simply can't bring yourself to admit it.

:_<> :_<> :_<>


one year
& we bank more then the bumbles n fumbles :_<> :_<>

What do you think a futures fund is dickhead? They save it for the games future by saving it in the bank

[Swans4ever]

I don't know why your arguing with him - he will just keep coming back with the same old things - the NRL made a profit this year - 2012 they lost money! They didn't bank any then, the AFL has had a futures fund for years banking money and they will still bank 30 mil this year! So the NRL are still light years away he is just a dickhead!

[214Four]

to be fair to the AFL the Losses would not have been a surprise to them, with two new expansion clubs... And its good to have all this money but what are they gunna do with it, i hope its invested wisely not just banked for a rainy day!
for example I seriously hope the ARLC make a descision on expansion sooner rather than later. the time to head west is now (specially with more money into RL through tv revenue). Id also like to see the ARLC invest more in advertising too, something the AFL seem to do much better. I am not very happy with ARLC thus far... step up boys!

[adamj1300]

to be fair to the AFL the Losses would not have been a surprise to them, with two new expansion clubs... And its good to have all this money but what are they gunna do with it, i hope its invested wisely not just banked for a rainy day!
for example I seriously hope the ARLC make a descision on expansion sooner rather than later. the time to head west is now (specially with more money into RL through tv revenue). Id also like to see the ARLC invest more in advertising too, something the AFL seem to do much better. I am not very happy with ARLC thus far... step up boys!

the AFL has invested heavely in to the Gold Coast Markets and Greaten Western Markert, pumping a lot in to grass roots levels, as well as having putting money in to a future fund. which who no doubt be used to set up other possible expansion markets, it will Own Etihad stadium in the year 2025, there is also said to be a few hundred million set aside in the Future fund already, construction of a new 60k plus stadium in perth is about to start in the near future, so i could only imagine the AFL contributing some money into it so it will have some form of say in hows things will be run at the new venue

[cos789]

i could only imagine the AFL contributing some money into it so it will have some form of say in hows things will be run at the new venue

Last I knew the AFL was contributing some money to the new Perth Stadium.
Funny how we're the only code that does.

The WAFC is demanding a deal for relinquishing the Subiaco lease.
I imagine similar to the VFL Park to MCG situation.

[Raiderdave]

No, Dave, you're wrong. The NRL is in big trouble and you simply can't bring yourself to admit it.

:_<> :_<> :_<>


one year
& we bank more then the bumbles n fumbles :_<> :_<>

What do you think a futures fund is dickhead? They save it for the games future by saving it in the bank

:_<> :_<> :_<>
I think less & ... less & .... less is going into the VFL's fund shithead .... they are plugging holes all ova the shop

the Thuns
the Midgets
Melbourne
Port Shatmedaks
the Paddle pop wions

115 Million in club debt


the NRL has no such issues & a lot more cash then it did


these claims that 14 NRL clubs don't make money overlook 2 things
the losses aren't great
& their Leagues clubs wind the debt back to nil for them.... each year

NRL clubs revenues are increasing & their expenditure is under control
they won't need leagues club bail outs for much longer ... they will all be self sufficient inside the next decade

same can't be said for the fumbles & bumbles
the VFL is funding clubs struggling financially all ova the shop
they may have put 30 mill in their future fund a few years back

but I'd doubt it would be 3 Million these days .....
VFL... dying

[Raiderdave]

I don't know why your arguing with him - he will just keep coming back with the same old things - the NRL made a profit this year - 2012 they lost money! They didn't bank any then, the AFL has had a futures fund for years banking money and they will still bank 30 mil this year! So the NRL are still light years away he is just a dickhead!

oi cockhead

you accepted a bet with me

Souths V Manly won't draw more then 37,980 on Friday which was the Swines finals crowd

terms
lets sort em out now ...............

[Xman]

No, Dave, you're wrong. The NRL is in big trouble and you simply can't bring yourself to admit it.

:_<> :_<> :_<>


one year
& we bank more then the bumbles n fumbles :_<> :_<>

What do you think a futures fund is dickhead? They save it for the games future by saving it in the bank

:_<> :_<> :_<>
I think less & ... less & .... less is going into the VFL's fund shithead .... they are plugging holes all ova the shop

the Thuns
the Midgets
Melbourne
Port Shatmedaks
the Paddle pop wions

115 Million in club debt


the NRL has no such issues & a lot more cash then it did


these claims that 14 NRL clubs don't make money overlook 2 things
the losses aren't great
& their Leagues clubs wind the debt back to nil for them.... each year

NRL clubs revenues are increasing & their expenditure is under control
they won't need leagues club bail outs for much longer ... they will all be self sufficient inside the next decade

same can't be said for the fumbles & bumbles
the VFL is funding clubs struggling financially all ova the shop
they may have put 30 mill in their future fund a few years back

but I'd doubt it would be 3 Million these days .....
VFL... dying

Their futures fund of 30 mil, plus costs of expansion are taken into account before calculating their profit fwit!

Unlike the NRL who brag about a profit BEFORE costing any expansion projects

[NRLCrap1]

Port Adelaide will be back in the black when AAMI Stadium is sold, Dave! So suck that, sucker!

[Fred]

Suns making a profit too I think as they own the man agent rights or part thereof ... So big day out for 5 years makes them heaps and the crowd they draw also makes them a profit as low overheads .