Re: Fight Club - 2019 Financials

[Fred]

Okay read slowly pussy ... Europe expansion has nothing to do with the NRL. As said... AFL dwarfs NRL as a business. Nrl may have had some growth but they are still miles behind. I don’t think you do understand profit in a business sense .. more in a basic literal sense. Nrl comp may grow in Perth (although ruled out) and PNG ... maybe a pacific island team or another New Zealand team. My concern if I were the nrl is whether these areas are viable ? Will they value add by any degree? There is definitely some upside for the NRL and selling origin games would be one .. maybe increasing to 5 games although risks taking the specialness out of it. I really think the nrl need to go to Perth but those in the know obviously know something for this to be not viable. Back on profit ...you also need to see where and how ... and how much, is being reinvested.

[ParraEelsNRL]

Have they caught up ? Maybe a graph of revenue difference over the years ........ profit is a rubbery figure as it depends on what you are prepared to spend. Two companies could earn 100 mil. One may have more overheads this is true therefore the other may be more profitable but the other also may not invest as much back into the company ... line in R and D or new equipment etc. or in growing the business. I think where you have a company that is earning significantly more revenue, is seem to be expanding, is placing significantly more back into its business, and still flogging its main competitor than if investing you’d be looking at that company over the competitor.

The NRL are not expanding into new markets. They may get a new team in Brisbane and this may increase revenue from broadcast deals but they have no new markets on their horizon. The main expansion is outside their business and that is overseas. This could be seen as competition to the NRL as another business doing the same thing. The NRL may be able to value add through WC and RWC however. However it is also a threat give. The size of potential markets overseas and the possibility players may be poached from NRL and weaken local comp long term?

The NRL doesnt need to expand as the QLD cup and NSW Cup have teams already from PNG and Fiji LOL plus a WA side already. Just because the top tier hasnt done much since the Titans came in doesnt mean the rest of the game is standing still.

[AFLcrap1]

Excatly .
The one eyed onelayer view of the fumblers is laughable .
Everything is measured through this narrow view .

[Terry]

Okay read slowly pussy ... Europe expansion has nothing to do with the NRL. As said... AFL dwarfs NRL as a business. Nrl may have had some growth but they are still miles behind. I don’t think you do understand profit in a business sense .. more in a basic literal sense. Nrl comp may grow in Perth (although ruled out) and PNG ... maybe a pacific island team or another New Zealand team. My concern if I were the nrl is whether these areas are viable ? Will they value add by any degree? There is definitely some upside for the NRL and selling origin games would be one .. maybe increasing to 5 games although risks taking the specialness out of it. I really think the nrl need to go to Perth but those in the know obviously know something for this to be not viable. Back on profit ...you also need to see where and how ... and how much, is being reinvested.

You have made a number of false assumptions there Freddy boy!!!!! If the game were to expand in Europe it would benefit the NRL. Thus it has something to do with the NRL in the sense that we are discussing it.

What is your definition of dwarf pal???? The NRL currently generates 2/3 the revenue the AFL does. I would hardly characterise that as dwarfing it.

Since 2012 the NRL has tripled its revenue. The AFL has doubled its. The growth is stronger for the NRL.

SOO will not go to 5 games. Stupid idea pal.

And could you please tell me how you understand 'profit'? You are calling other folk out on it but you haven't explained your view. What is the difference in 'profit' in a business sense and a literal sense.

Ta pal.

[leagueiscrap]

Excatly .
The one eyed onelayer view of the fumblers is laughable .
Everything is measured through this narrow view .

says the league fan who thinks his code is the financial power house of Australian sport.

first few years of the new deal the nrlol is cashed up and has you league loons beating your chest how well the nrlol is going!

come every broardcast time your code is broke and out begging for money and being rejected for loans to pay bills!
has happened the past 2 or 3 deals.

maybe learn to look over the financials for a change!

its a fact that none of you nrlol cans actually understand them as you wouldn't be posting about any financial matter regarding the two codes to begin with! that's how far behind league it

[AFLcrap1]

Excatly .
The one eyed onelayer view of the fumblers is laughable .
Everything is measured through this narrow view .

says the league fan who thinks his code is the financial power house of Australian sport.

first few years of the new deal the nrlol is cashed up and has you league loons beating your chest how well the nrlol is going!

come every broardcast time your code is broke and out begging for money and being rejected for loans to pay bills!
has happened the past 2 or 3 deals.

maybe learn to look over the financials for a change!

its a fact that none of you nrlol cans actually understand them as you wouldn't be posting about any financial matter regarding the two codes to begin with! that's how far behind league it

Why do you post lies .
Then argue against them .
Show where I have said the NRL is the financial powerhouse of OZ sport .
Don't deflect just show where .
& last time you claimed the nrl were rejected last two media deals you couldn't show both .
Another lie .

[pussycat]

2019

More viewers- NRL
Larger profit - NRL
Larger increase in Revenue - NRL

? who was No.1 in 2019?????????????? Gold, Gold and more Gold and more to come in 2020.

[leagueiscrap]

Excatly .
The one eyed onelayer view of the fumblers is laughable .
Everything is measured through this narrow view .

says the league fan who thinks his code is the financial power house of Australian sport.

first few years of the new deal the nrlol is cashed up and has you league loons beating your chest how well the nrlol is going!

come every broardcast time your code is broke and out begging for money and being rejected for loans to pay bills!
has happened the past 2 or 3 deals.

maybe learn to look over the financials for a change!

its a fact that none of you nrlol cans actually understand them as you wouldn't be posting about any financial matter regarding the two codes to begin with! that's how far behind league it

Why do you post lies .
Then argue against them .
Show where I have said the NRL is the financial powerhouse of OZ sport .
Don't deflect just show where .
& last time you claimed the nrl were rejected last two media deals you couldn't show both .
Another lie .

its not a lie about the nrlol being broke and going begging for money, hand outs and advances they have done this multiple times and you know this

its been proven many times yet we have to keep going over and over this

[leagueiscrap]

http://www.dailytelegraph.com.au/sp...n ... 94843a1dc3

Phil Rothfield, The Daily Telegraph
June 17, 2017 9:00pm

THE NRL has been forced to apply for a $30 million bank loan to pay for club funding agreements it could never afford.

Chief executive Todd Greenberg not only needs approval from the banks but also broadcasters Channel 9 and Fox Sports, who will act as “guarantors”.

This is the second injection of cash the NRL has needed in 2017, having already received a $50 million advance from Fox Sports to ease its cashflow problems.

The need for the $30 million loan has risen from the independent commission caving in to the 16 clubs on funding deals from 2018 onwards.

After 18 months of negotiations, commission chairman John Grant eventually guaranteed the clubs $13 million a year in annual grants at a cost of more than $1 billion over the five years of the broadcasting deal.

It saved his job and got rid of a no-confidence motion in his leadership.

Yet the NRL bean counters quickly discovered they won’t have the money when the first club instalments are due to be handed out in November.

Only the $30 million loan would ensure the clubs get what they were guaranteed.

It’s one of the reasons why Grant had no choice but to confirm he will leave in February at the end of his term.

Under the strategic plan that Grant published soon after the independent commission came into power, the game was supposed to have $200 million in the bank by 2017 in a future fund.

Instead, it has basically got nothing.

It’s not helping the NRL in that it still hasn’t sold the Gold Coast Titans or the Newcastle Knights to private owners.

Both clubs are losing about $2 million a year under the NRL’s ownership.

Also, the commission was forced to save a desperate St George Illawarra with a $6.5 million loan — money that still hasn’t been repaid.

The new $30 million loan will be paid off over the five years of the broadcast deal and will attract millions of dollars in interest.

Placing further pressure on the NRL administration is the ongoing negotiations with the Rugby League Players’ Association over its members’ future salaries.



how's that a code turning over almost half a bullion dollars goes in for a bank loan! not once but twice, then get the big "rejection" stamp
I mean how crap is the nrlols credit rating and business operations

[leagueiscrap]

mean while the afl has expansion teams out there, just brought Etihad stadium, cash in the bank, clubs exiting pokies as business ventures

but if you half under stood this you wouldn't be even posting in here attempting to come across inteledgent

[Terry]

Since 2012 the NRL has tripled its revenue. The AFL has doubled its. The growth is stronger for the NRL.

Growth might be stronger, but the gap between the two codes remains almost the same.

The actual number yes. But in mathematics triple trumps double my friend!!!

[AFLcrap1]

says the league fan who thinks his code is the financial power house of Australian sport.

first few years of the new deal the nrlol is cashed up and has you league loons beating your chest how well the nrlol is going!

come every broardcast time your code is broke and out begging for money and being rejected for loans to pay bills!
has happened the past 2 or 3 deals.

maybe learn to look over the financials for a change!

its a fact that none of you nrlol cans actually understand them as you wouldn't be posting about any financial matter regarding the two codes to begin with! that's how far behind league it

Why do you post lies .
Then argue against them .
Show where I have said the NRL is the financial powerhouse of OZ sport .
Don't deflect just show where .
& last time you claimed the nrl were rejected last two media deals you couldn't show both .
Another lie .

its not a lie about the nrlol being broke and going begging for money, hand outs and advances they have done this multiple times and you know this

its been proven many times yet we have to keep going over and over this

Here comes the deflection .
So you can't show where I made that claim .
Lol you lied .

As for the other part..
Yes they went for bank loans last media deal .in 2017
They DID NOT in the previous one .
You claimed this previously & could not post any proof .
So that part was not proven ..although I asked multiple times .
You lied again .

[Terry]

Growth might be stronger, but the gap between the two codes remains almost the same.

The actual number yes. But in mathematics triple trumps double my friend!!!

In mathematics 793 million beats 555 million too my "friend"
but shit like that doesnt matter here.

Yes my friend. But when discussing 'growth' triple beats double every time.

[leagueiscrap]

Why do you post lies .
Then argue against them .
Show where I have said the NRL is the financial powerhouse of OZ sport .
Don't deflect just show where .
& last time you claimed the nrl were rejected last two media deals you couldn't show both .
Another lie .

its not a lie about the nrlol being broke and going begging for money, hand outs and advances they have done this multiple times and you know this

its been proven many times yet we have to keep going over and over this

Here comes the deflection .
So you can't show where I made that claim .
Lol you lied .

As for the other part..
Yes they went for bank loans last media deal .in 2017
They DID NOT in the previous one .
You claimed this previously & could not post any proof .
So that part was not proven ..although I asked multiple times .
You lied again .

https://www.smh.com.au/sport/nrl/nrl-st ... -qm7p.html


you know about these loans just argue against them every time! then we have to repeat the process and your still in denial about it!
how about just stay in LU and give TF a miss! as it would probably be far better for your health

[leagueiscrap]

The actual number yes. But in mathematics triple trumps double my friend!!!

In mathematics 793 million beats 555 million too my "friend"
but shit like that doesnt matter here.

Yes my friend. But when discussing 'growth' triple beats double every time.

the nrlol started from such a low base!
for the whole past 10 years or so the revenue gap has stayed roughly the same!
in this time the AFL has added two new teams and brought a stadium

the nrlol has been broke and has the credit rating of a corrupt business man