AFL CLUB DEBTS & PROFITS
- leeroy*NRL*
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Re: AFL CLUB DEBTS & PROFITS
A Club should be community based or have an owner who can support it.
any enhancements to a team should not be done by the code. (being the AFL)
any enhancements to a team should not be done by the code. (being the AFL)
- leeroy*NRL*
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Re: AFL CLUB DEBTS & PROFITS
NRL CEO: has stated this to clubs
NRL won't be bailing out Sharks if they sink
Rugby league boss Todd Greenberg doesn't feel the Cronulla Sharks are on the brink of collapse but at the same time reiterated that the NRL is not bailing any club out of financial trouble.
(something that sports around the world do)
NRL won't be bailing out Sharks if they sink
Rugby league boss Todd Greenberg doesn't feel the Cronulla Sharks are on the brink of collapse but at the same time reiterated that the NRL is not bailing any club out of financial trouble.
(something that sports around the world do)
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Re: AFL CLUB DEBTS & PROFITS
Only two wins for the season, but Carlton post $700,000-plus profit
Despite a dismal two-win season and a downturn in crowds, Carlton are set to announce a strong profit of more than $700,000 for 2018.
The Blues have managed to remain clearly in the black in 2018 in the face of another wooden spoon, their second in four years, and in spite of lifting spending on their football department by $1.6 million this year.
Carlton, who are still finalising their financial result, remained profitable via an increase in membership revenue of 11-12 per cent, healthy sponsorship income and the AFL's improved returns at what is now Marvel Stadium, where the Blues played six of their 11 home games.
Carlton's gaming operations, too, have been a significant contributor to the bottom line for some years.
These lifts in revenues offset the slump in home attendances (from an average of 38,356 in 2017 to 31,775 this year) as the Blues endured a two-win season in what became the nadir of Carlton's patient and painful rebuild under coach Brendon Bolton. The Blues posted a $678,580 profit in 2017.
There appears to be more optimism from Carlton's fans about 2019, with membership up by 5000 compared to this time last year. The Blues have recruited Adelaide forward/defender Mitch McGovern and the No.1 draft pick Sam Walsh and will regain new co-captain Sam Docherty next year after he missed the entire season following a knee reconstruction.
They also have secured highly regarded fitness and conditioning boss Andrew Russell from Hawthorn and while the return of Docherty and recruits are important, the club envisages that most improvement should come from youngsters gaining maturity.
Carlton spent approximately $200,000-$250,000 less than the football department soft cap in 2018 and expect to be close to the cap in 2019.
The club's jumper sponsors Virgin and Hyundai and shorts sponsor La Trobe University have each been locked in on five-year deals, the Blues having suffered from the demise in 2017 of previous shorts sponsor CareerOne (then chaired by ex-AFL boss Andrew Demetriou), whose parent company went into administration.
The Blues were bold during the post-season, not only landing McGovern on a long-term deal but trading their 2019 first round pick to the Crows in return for Adelaide's 2019 first round and pick 19 this year, using the latter draft pick to claim sturdy midfielder Liam Stocker, whom the Blues rated as one of half a dozen players they were willing to trade their future first round for to secure in the national draft.
https://www.theage.com.au/sport/afl/onl ... 50k1h.html
Despite a dismal two-win season and a downturn in crowds, Carlton are set to announce a strong profit of more than $700,000 for 2018.
The Blues have managed to remain clearly in the black in 2018 in the face of another wooden spoon, their second in four years, and in spite of lifting spending on their football department by $1.6 million this year.
Carlton, who are still finalising their financial result, remained profitable via an increase in membership revenue of 11-12 per cent, healthy sponsorship income and the AFL's improved returns at what is now Marvel Stadium, where the Blues played six of their 11 home games.
Carlton's gaming operations, too, have been a significant contributor to the bottom line for some years.
These lifts in revenues offset the slump in home attendances (from an average of 38,356 in 2017 to 31,775 this year) as the Blues endured a two-win season in what became the nadir of Carlton's patient and painful rebuild under coach Brendon Bolton. The Blues posted a $678,580 profit in 2017.
There appears to be more optimism from Carlton's fans about 2019, with membership up by 5000 compared to this time last year. The Blues have recruited Adelaide forward/defender Mitch McGovern and the No.1 draft pick Sam Walsh and will regain new co-captain Sam Docherty next year after he missed the entire season following a knee reconstruction.
They also have secured highly regarded fitness and conditioning boss Andrew Russell from Hawthorn and while the return of Docherty and recruits are important, the club envisages that most improvement should come from youngsters gaining maturity.
Carlton spent approximately $200,000-$250,000 less than the football department soft cap in 2018 and expect to be close to the cap in 2019.
The club's jumper sponsors Virgin and Hyundai and shorts sponsor La Trobe University have each been locked in on five-year deals, the Blues having suffered from the demise in 2017 of previous shorts sponsor CareerOne (then chaired by ex-AFL boss Andrew Demetriou), whose parent company went into administration.
The Blues were bold during the post-season, not only landing McGovern on a long-term deal but trading their 2019 first round pick to the Crows in return for Adelaide's 2019 first round and pick 19 this year, using the latter draft pick to claim sturdy midfielder Liam Stocker, whom the Blues rated as one of half a dozen players they were willing to trade their future first round for to secure in the national draft.
https://www.theage.com.au/sport/afl/onl ... 50k1h.html
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Re: AFL CLUB DEBTS & PROFITS
"They all get similar amounts"????? Total rubbish pal.The difference from top to bottom is 14mil for gods sake!!!!!!!!. Thats more than the annual NRL club grant. Then check the table below. Its a sliding scale with massive differences!!!
http://www.hpnfooty.com/?p=28301
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Re: AFL CLUB DEBTS & PROFITS
I said they all get similar amounts except for clubs which need financial assistance who receive moreTerry wrote: ↑Tue Dec 04, 2018 4:24 pm"They all get similar amounts"????? Total rubbish pal.The difference from top to bottom is 14mil for gods sake!!!!!!!!. Thats more than the annual NRL club grant. Then check the table below. Its a sliding scale with massive differences!!!
http://www.hpnfooty.com/?p=28301
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Re: AFL CLUB DEBTS & PROFITS
the Storm needed news ltd to fund them for many years when they started. The Australian sporting landscape is too saturated to support new expansion clubs without some helpleeroy*NRL* wrote: ↑Tue Dec 04, 2018 3:19 pmA Club should be community based or have an owner who can support it.
any enhancements to a team should not be done by the code. (being the AFL)
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Re: AFL CLUB DEBTS & PROFITS
Pal, every club gets a different amount. The top few get 'similar', the middle clubs get 'similar', the bottom clubs get 'similar'. The difference from top to middle to bottom is mammonth. You're off the dial pal!!!!!
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Re: AFL CLUB DEBTS & PROFITS
given their total revenue the majority get within a few million. It only escalates significantly for the top 6 or 7
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Re: AFL CLUB DEBTS & PROFITS
You really have problems with numbers pal. And spin. You've gone from fumblehouse payments to 'club revenue'. Then you say it only escalates for 6 or 7 clubs. You've only got 18 clubs pal FFS!!!!!!!! Look at the comparison chart......there can be no argument .....they get paid massively different amounts. You're beyond help pal.
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Re: AFL CLUB DEBTS & PROFITS
settle down TerryTerry wrote: ↑Tue Dec 04, 2018 8:30 pmYou really have problems with numbers pal. And spin. You've gone from fumblehouse payments to 'club revenue'. Then you say it only escalates for 6 or 7 clubs. You've only got 18 clubs pal FFS!!!!!!!! Look at the comparison chart......there can be no argument .....they get paid massively different amounts. You're beyond help pal.
There's only 6 mil difference between last and 14th which isnt much given many of those clubs are earning over 50m annual revenue. The top 4 get paid a lot more
- leeroy*NRL*
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Re: AFL CLUB DEBTS & PROFITS
News Limited owned Melbourne Storm from the get go.NlolRL wrote: ↑Tue Dec 04, 2018 7:36 pmthe Storm needed news ltd to fund them for many years when they started. The Australian sporting landscape is too saturated to support new expansion clubs without some helpleeroy*NRL* wrote: ↑Tue Dec 04, 2018 3:19 pmA Club should be community based or have an owner who can support it.
any enhancements to a team should not be done by the code. (being the AFL)
it was the deal between Murdoch and the ARL that Storm become the owners of News ltd
because of the super league war..
this was out of ARL / NRL hands. this all changed as of 2012 when the commission was formed.
again this is under private ownership.
where as the AFL are handing down funds in huge differences...
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Re: AFL CLUB DEBTS & PROFITS
Lol
Defend defend defend .
Afl fans just can't seem to see anything wrong with anything that goes on in the comp .
By all means ..help a new club in an expansion area .
That's sensible
But at what point do they stand on their own 2 feet .
At what point are they accountable for not being financial .
Lol why worry if you're an afl club .they just shovel money to you when you put your hand out .
Defend defend defend .
Afl fans just can't seem to see anything wrong with anything that goes on in the comp .
By all means ..help a new club in an expansion area .
That's sensible
But at what point do they stand on their own 2 feet .
At what point are they accountable for not being financial .
Lol why worry if you're an afl club .they just shovel money to you when you put your hand out .
TLPG liar extraordinaire
You should thank me for publishing your IP
and I never published any actual IP. That's it.
I was a mod at the time .
Xman wrote
I also gave them to TLPG believing he was still a mod.I admit I made a mistake.
You should thank me for publishing your IP
and I never published any actual IP. That's it.
I was a mod at the time .
Xman wrote
I also gave them to TLPG believing he was still a mod.I admit I made a mistake.
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Re: AFL CLUB DEBTS & PROFITS
new ltd owned the NRL so it was basically the NRL funding expansionleeroy*NRL* wrote: ↑Wed Dec 05, 2018 10:53 amNews Limited owned Melbourne Storm from the get go.NlolRL wrote: ↑Tue Dec 04, 2018 7:36 pmthe Storm needed news ltd to fund them for many years when they started. The Australian sporting landscape is too saturated to support new expansion clubs without some helpleeroy*NRL* wrote: ↑Tue Dec 04, 2018 3:19 pmA Club should be community based or have an owner who can support it.
any enhancements to a team should not be done by the code. (being the AFL)
it was the deal between Murdoch and the ARL that Storm become the owners of News ltd
because of the super league war..
this was out of ARL / NRL hands. this all changed as of 2012 when the commission was formed.
again this is under private ownership.
where as the AFL are handing down funds in huge differences...
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Re: AFL CLUB DEBTS & PROFITS
it happens when it happens. It's ok as long as the AFL can afford itAFLcrap1 wrote: ↑Wed Dec 05, 2018 11:18 amLol
Defend defend defend .
Afl fans just can't seem to see anything wrong with anything that goes on in the comp .
By all means ..help a new club in an expansion area .
That's sensible
But at what point do they stand on their own 2 feet .
At what point are they accountable for not being financial .
Lol why worry if you're an afl club .they just shovel money to you when you put your hand out .
- leeroy*NRL*
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Re: AFL CLUB DEBTS & PROFITS
50% owner of the NRL (there is a difference here)NlolRL wrote: ↑Wed Dec 05, 2018 12:10 pmnew ltd owned the NRL so it was basically the NRL funding expansionleeroy*NRL* wrote: ↑Wed Dec 05, 2018 10:53 amNews Limited owned Melbourne Storm from the get go.
it was the deal between Murdoch and the ARL that Storm become the owners of News ltd
because of the super league war..
this was out of ARL / NRL hands. this all changed as of 2012 when the commission was formed.
again this is under private ownership.
where as the AFL are handing down funds in huge differences...
the NRL did not fund expansion clubs in Adelaide and Perth..
and had only folded due to Super League.
the funding came from News Ltd
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