NRL posts an $18.7 million loss for 2015

[Beaussie]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

[pussycat]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

Not good, not good at all. I wonder what the AFL's will be?

[leagueiscrap]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

Not good, not good at all. I wonder what the AFL's will be?

this ist about the AFL pissycat
but do you reckon ASIC will find some fudged figures & the NRLOL telling porkies in this annual report like they did in their last annual report?

[AFLcrap1]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

Not good, not good at all. I wonder what the AFL's will be?

this ist about the AFL pissycat
but do you reckon ASIC will find some fudged figures & the NRLOL telling porkies in this annual report like they did in their last annual report?

Does your nurse put bars on your windows at night?

[leagueiscrap]

As per usual no talk about the nrlols loss, just deflection and dribble. Funny thing you guys even skipped the but but excuses

[NRL&NFLweLaughATafl]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

QUITE FUNNY WHEN YOU LOOK AT AFL CLUBS HAVING THE SAME PROBLEM

BRISBANE 12 MILLION
CARLTON 5 MILLION

AFL PUMPED ALMOST 20 MILLION ALONE JUST TO KEEP GWS AFLOAT LAST YEAR.

So really AFL has nothing to crow about what so ever. =D> =D>

[leagueiscrap]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

QUITE FUNNY WHEN YOU LOOK AT AFL CLUBS HAVING THE SAME PROBLEM

BRISBANE 12 MILLION
CARLTON 5 MILLION

AFL PUMPED ALMOST 20 MILLION ALONE JUST TO KEEP GWS AFLOAT LAST YEAR.

So really AFL has nothing to crow about what so ever. =D> =D>

Yeah it does, far more clubs making profits, the smaller clubs in the AFL still turn over millions more than the nrlol clubs

The collingwoods, essendon & hawthorns etc earn more money just in sponsorship dollars than what most nrlol clubs turn over that's including the $9/million from the nrlol through the distribution money from the broadcast deals

[NRL&NFLweLaughATafl]

Oh dear. Losses forecast for another 2 seasons too. Just 2 NRL clubs were able to post a profit. Victoria, South Australia and West Australia sucking the game dry too. What an absolute shambles.

Long way to go to match Australia's Game, the AFL, that's for sure.

National Rugby League loses $18m after blowout
Date February 11, 2016 - 12:44AM
John Stensholt

Australian Rugby League Commission chairman John Grant said the sport needs to improve its attractiveness to sponsors and business after the NRL slumped to a $18.7 million loss in 2015 despite record revenue.

The result was a $39 million less than the $20 million surplus the previous year, with financial details released by the NRL showing the governing body lost $12.5 million in the year ended October 31, 2015, despite revenue of $334 million.

The deficit widened to $18.7 million due to losses sustained by the Gold Coast Titans and Newcastle Knights, both of which are owned by the NRL, and state associations in Western Australia, South Australia and Victoria. The league has been hit by a series of player scandals in recent years.

There was $49.6 million surplus in 2014. Losses are forecast for the next two seasons.

"We have moved from a phase of accumulation to distribution, which was always the plan during the five-year [broadcast rights] cycle," Mr Grant said.

"So we are on track. What the results show us is that in terms of income, we are just as attractive to the broadcasters as the AFL but there is a still a significant gap in terms of sponsorship and commercial income. That is where we think the opportunity exists for us to further grow."

Non-broadcast revenue was up 9 per cent to $129 million and broadcast revenue remained the same at about $205 million.

Operating expenditure rose $19 million to $127 million, including a $12 million increase for event, game and sponsorship expenses to $71 million. Administration costs rose about $2 million to $23 million and the 16 clubs received $219 million in distributions, up $26 million.


Surplus costs identified

Mr Grant said the league had identified costs that could be stripped out of running events such as State of Origin and that the sustainability or future fund now worth $52.8 million, would remain untouched.

​The league signed a record five-year $1.8 billion deal with Nine Entertainment Co, Fox Sports and Telstra late last year, which will be signed after the current contract expires at the end of the 2017 season.

Mr Grant said $50 million of the new deal would be brought forward in the next two years, $48 million of which would flow to the clubs – which will also receive 130 per cent of the salary cap from 2018.

"It means all the clubs should be profitable from then on," he said.

South Sydney and Brisbane Broncos are the only Australian-based NRL clubs to record profits. The Australian Financial Review revealed this week that 2015 premiers North Queensland Cowboys made a $360,000 loss despite their grand final win.

Read more: http://www.smh.com.au/business/sport/na ... z3znXljMbW

QUITE FUNNY WHEN YOU LOOK AT AFL CLUBS HAVING THE SAME PROBLEM

BRISBANE 12 MILLION
CARLTON 5 MILLION

AFL PUMPED ALMOST 20 MILLION ALONE JUST TO KEEP GWS AFLOAT LAST YEAR.

So really AFL has nothing to crow about what so ever. =D> =D>

Yeah it does, far more clubs making profits, the smaller clubs in the AFL still turn over millions more than the nrlol clubs

The collingwoods, essendon & hawthorns etc earn more money just in sponsorship dollars than what most nrlol clubs turn over that's including the $9/million from the nrlol through the distribution money from the broadcast deals

Mate your in a deluded little world. I saw a story in the age that AFL clubs had a combined debt of 46 Million in 2015.

That is more than double the NRLs .

The Giants alone had a revenue fall of 1.4 million. As well as a 300 grand fall in merchandise profits on top of that.

Look it up and get the truth bro!!

=D> =D>