AFL of to a flyer!

[ParraEelsNRL]

So ll the clubs in Aus bar a couple from the two big codes each season depending on where they finish on the ladder make loses each season?

Well who'd have thought.

[leagueiscrap]

But but but but but i keep hearing this is not A problem in fumbleball .

Its not. Its a sustainable loss. But hey wank yourself off over it if you must.

'A Sustainable loss'. pff It's the beginning of the end! God only nows whats going to be left in the future fund this time. >

That future fund the one signed off by the accountants & ato!

Unlike the nrlol that was found to be lying about their profit.

Then AFL invests back in to the game and is paying off investments as well has decent sources of income far bigger than the nrlol
The majority of the nrlol money comes from the broadcast money & they invest fuck all back in to the game.

The AFL is that far ahead of the nrlol its not funny

[leagueiscrap]

Lol seriously .
It doesn't matter how much revenue you generate if you are running at loss

Depends what the loss is for. You can always cut back if you cant afford stuff. Whereas league on the other hand cant just invent more money - and your 200 million behind annually.

The league fans believe you can. Then when it doesn't happen the but but excuses start

[The axe]

But but but but but i keep hearing this is not A problem in fumbleball .

Its not. Its a sustainable loss. But hey wank yourself off over it if you must.

'A Sustainable loss'. pff It's the beginning of the end! God only nows whats going to be left in the future fund this time. >

That a rather broad and sweeping statement pussy twat, can I ask what your basing it on?

[AFLcrap1]

Lol
2 yrs running they have lost $$$$
You think things will change because more money comes in .
The more that $$$$$ that come in the greedier the clubs get .

they made a profit last year fuckwit

Was it the yr before they lost over 20 mill ?
My mistake ..I thought it was last yr .

[The axe]

Lol
2 yrs running they have lost $$$$
You think things will change because more money comes in .
The more that $$$$$ that come in the greedier the clubs get .

they made a profit last year fuckwit

Was it the yr before they lost over 20 mill ?
My mistake ..I thought it was last yr .

Beep Beep Beep, going off half cocked again slinky be careful to check the evidence before you go make claims of fact.

[Xman]

Lol seriously .
It doesn't matter how much revenue you generate if you are running at loss

a loss isnt ideal but when you forecast for a certain budget and costs grow unexpectedly its hardly unusual, especially for a non-profit organisation. The AFL are swimming in revenue and could easily cut spending. Not that theyll need to when their TV revenue will double in the near future

A Loss Is A loss!.

TV revenue - TV revenue, but, but, but. exactly the same thing would have been said back in 2011 when they got there $1.2B deal

A loss is a loss. However, when your revenue is so high and climbing steeply its hardly a worry. Their biggest challenge is raining clubs spending in

[AFLcrap1]

More revenue they generate the more the greedy clubs want .

[Xman]

More revenue they generate the more the greedy clubs want .

True, so the AFL need to be firm and insist they be responsible. As I said, club spending is the real challenge, with many overspending to try and succeed

[piesman2011]

Oh no some clubs all up lost 20 million dollars last year...... Wait a minute the AFL just signed a deal that increases its yearly revenue by about 250 million a year.
No doubt some clubs struggle especially when the team is playing poorly, but to say that the sky is falling when they are backed by an organisation that generates more than half a billion dollars a year is grasping at straws.

[ParraEelsNRL]

Oh no some clubs all up lost 20 million dollars last year...... Wait a minute the AFL just signed a deal that increases its yearly revenue by about 250 million a year.
No doubt some clubs struggle especially when the team is playing poorly, but to say that the sky is falling when they are backed by an organisation that generates more than half a billion dollars a year is grasping at straws.

So it's ok for the AFL but no one else huh?

[leagueiscrap]

Oh no some clubs all up lost 20 million dollars last year...... Wait a minute the AFL just signed a deal that increases its yearly revenue by about 250 million a year.
No doubt some clubs struggle especially when the team is playing poorly, but to say that the sky is falling when they are backed by an organisation that generates more than half a billion dollars a year is grasping at straws.

So it's ok for the AFL but no one else huh?

The majority of nrlol clubs don't even turn over $20 million even with the distribution money

[AFLcrap1]

Again ???
Continiously is a better description

[leagueiscrap]

your ignorance is showing again.

http://www.smh.com.au/rugby-league/leag ... 2swhv.html

there you go ball bag have a read, out side of poke and gaming revenue the NRLOL have minnow revenue

they play in the 1st and 3rd biggest advertisements and the collingwoods, essendons & hawthorns earn as much just in sponsorship dollars

the majorityof NRLOL clubs are nothing but fucking minnows that were made in to a TV sport thanks to the Packer and Murdoch pissing contest

its summed up in their revenue, memberships, sponsorship dollars, crowd figures

[pussycat]

your ignorance is showing again.

http://www.smh.com.au/rugby-league/leag ... 2swhv.html

there you go ball bag have a read, out side of poke and gaming revenue the NRLOL have minnow revenue

they play in the 1st and 3rd biggest advertisements and the collingwoods, essendons & hawthorns earn as much just in sponsorship dollars

the majorityof NRLOL clubs are nothing but fucking minnows that were made in to a TV sport thanks to the Packer and Murdoch pissing contest

its summed up in their revenue, memberships, sponsorship dollars, crowd figures

Who are the big losers in the AFL’s money war?


Apr 22, 2015
George Lekakis Reporter


 16


The balance sheets are in for the 18 AFL clubs, with the viability of two of them in serious jeopardy.






St Kilda's on-field struggles are being mirrored in financial statements.


Two AFL clubs are on the brink of financial collapse and many others are grappling with huge debts, threatening to cost the AFL millions to keep them afloat.

An investigation by The New Daily of the financial accounts of the AFL’s 18 franchises reveals that cashed-up clubs such as Hawthorn and Collingwood are more prone to achieving on-field success than clubs with clapped-out balance sheets such as Brisbane and St Kilda.


In fact, the data suggests that if Brisbane and St Kilda don’t start winning games, generating sponsorship revenue and signing up more members, their continued participation in the competition could become untenable for the AFL.

The analysis shows a massive disparity in the fortunes of the haves and have-nots in the AFL system. While the West Coast Eagles have $45 million in cash, clubs like Port Adelaide could be crippled if interest rates on their substantial bank debt began rising.

Among the main findings of the investigation were the following:

AFL-Profit-&-Loss-2014-finalsherrin-smlTwo clubs, Brisbane and St Kilda, are dead broke. Adelaide lost more than $8 million last year and Brisbane more than $3.5 million.

sherrin-sml

Adelaide, Carlton, Western Bulldogs and Geelong ended the 2014 financial year without enough cash to cover debts due this year.

sherrin-smlSeven clubs made operating losses last year. The aggregate value of the losses was almost $18 million.

sherrin-smlEleven clubs made profits, led by on-field powerhouse Hawthorn. The aggregate earnings of the profit-making clubs were around $17 million.

sherrin-smlMost clubs rely on revenue from pokies venues to bolster their bottom lines, but for some the returns from gambling operations have fallen short.

sherrin-smlWestpac and Bendigo & Adelaide Bank appear to be the biggest lenders to AFL clubs.

Here’s a wrap of where each of the clubs stand from a business perspective.

Adelaide
Verdict: Mortgaged to the hilt

The Crows posted a record net loss of $8.03 million last year, which has severely eroded the club’s balance sheet. They are under immediate financial pressure because at the end of October last year they had only $2.3 million in cash and liquid assets to cover short term debts totalling $9.5 million.

Brisbane
Verdict: Lehman Brothers

This club is broke. It made a net loss of $3.5 million last year, but the greater concern is the deteriorating condition of its balance sheet. If the AFL was not backing the club, Australian company laws would dictate it be placed in the hands of administrators. That’s because Brisbane’s total debts exceed its assets by $8.2 million.

Carlton
Verdict: Blues in the red

Carlton posted a net loss of $1.6 million in 2014 and did not have enough cash at the end of October to settle near-term debts. The club’s bold entry into the Victorian poker machine industry is causing headaches. Income generated through its Melbourne gaming venues declined in the six months to December. The financial accounts of one of Melbourne’s establishment clubs are slowly rotting.

Collingwood
Verdict: Sitting pretty

The Magpies’ profit did not include another controversial $10 million federal government grant, so the bottom line fell to $2 million last year from $16.3 million in 2013. The club remains one of the best managed in the competition with assets exceeding liabilities by more than $37 million.

Essendon
Verdict: Emerged from black days firmly in the black

Despite all the mayhem over the doping scandal, the Bombers posted a profit of $721,517. Great credit should be bestowed on CEO Xavier Campbell and finance director Paul Brasher. In financial terms, Essendon is one of the elite clubs of the league, with net assets of more than $38 million.

Fremantle
Verdict: Comfortable on and off the field

The Dockers tallied a small net profit of $215,729 and even though costs continue to rise, on-field success has ensured revenue is growing as well. The club still needs an extra few hundred thousand to cover short-term debt. Nevertheless, the Dockers have come a long way. The club’s net assets exceeded $10 million for the first time in 2014.

Geelong
Verdict: Glory days are gone

The juggernaut of the past decade sacrificed its former pristine balance sheet for an expensive stadium redevelopment. The Cats sunk to an operating loss of $251,207 and are battling to clear debts of more than $8.6 million due this year. The balance sheet shows the club last October only had $4.2 million in cash and liquid assets to cover these debts.

Gold Coast
Verdict: Need a sugar daddy

AFL handouts worth more than $16.5 million carried the Suns to a profit of $1.6 million. Without special distributions from AFL the club would have lost millions. Makes you wonder how much that new contract Gary Ablett just signed is worth.

Greater Western Sydney
Verdict: May always need a sugar daddy

The Giants collected more than $20 million from the AFL and this was topped up with special government grants worth $2.4 million. The corporate welfare wasn’t enough though – the club posted a net loss of $529,315.

Hawthorn
Verdict: Powerhouse everywhere

An investment windfall of $1.59 million pushed the Hawks to a dazzling net profit of $5.2 million. With $9 million cash resting in the bank and other assets valued at more than $40 million, the salary cap is the only check on the club’s pursuit for more premierships.

Melbourne
Verdict: On the up, but it’s slow going

Club administrators appear to have arrested the run of horrendous financial results that culminated in the $3.1 million loss of 2013. The Demons inked a profit of $284,557 last year on the back of higher gate receipts and gambling revenue. But the balance sheet shows the club is still in a fragile condition.

North Melbourne
Verdict: No need for a raffle … yet

The Roos had only $4000 in cash at the end of the 2014 financial year and are clearly under enormous pressure to settle bills. The club had short-term debts totalling more than $3.6 million on October 31 and ready access to assets of only $1.4 million. That’s a headache for the board.

Port Adelaide
Verdict: Nice shiny house, but rent a problem

Their on-field revival drew larger attendances and boosted revenue by almost $7 million. But a blowout in player payments and administration costs helped to keep the club in the red. Port should be generating bigger returns from its on-field performances and desperately needs to renegotiate the terms of its revenue sharing arrangement for its home games at the Adelaide Oval. With net assets of only $3 million Port has no leeway for more losses.

Richmond
Verdict: The Wolf of Punt Rd

The thunderous Tiger roar has returned to the MCG in recent years and the club’s balance sheet hasn’t looked this fit since the glory days of the 1970s. Richmond has no bank debt. While the club still seems a tad short of cash to pay its suppliers on time, Peggy O’Neal’s board and the executive group led by CEO Brendan Gale have engineered a remarkable turnaround. The 2014 profit was a solid $1.3 million.

St Kilda
Verdict: Greece

Close your eyes Saints fans because what you’re about to read should be almost as painful as the 2010 Grand Final replay. The Saints are broke – again. A net loss of $3.91 million in 2014 and an asset deficiency of almost $1 million leaves the club in serious strife. Poor on-field performance and dwindling membership mean the club is battling. Losing a Grand Final is hard, but losing your club is unthinkable.


Sydney
Verdict: Fit, but always precarious in NRL country

The Swans have one of the most expensive payrolls in the game, but the balance sheet indicates they are managed well. The club is carrying no bank debt and scored a monster $17 million through sponsorships last year. However, the net asset base of only $1.7 million leaves little room for financial misfortune.

West Coast
Verdict: Warren Buffett

If this writer was a fund manager with an option to invest in shares of an AFL club, he would put his money with the Eagles. The Subiaco-based club pumps out the seven-figure surpluses more consistently than any of its AFL rivals. With $45 million in the bank, the Eagles are the undisputed business champions of the AFL.

Western Bulldogs
Verdict: Heading in the right direction

The Dogs have invested heavily in a new entertainment venue, which includes a big splash on poker machines. But the bills keep stacking up and bank debt of more than $3.4 million needs to be settled or rescheduled this year. Chairman Peter Gordon and his board have banked a lot on the pokies investment paying off. A modest 2014 profit of $330,000 was a good start.




This report isn't on 2012 either dipshit.