Re: Fight Club - 2019 Financials

Fred · Post by **Fred** » Sat Feb 22, 2020 5:03 pm

Melbourne’s looks poor

Terry · Post by **Terry** » Sat Feb 22, 2020 5:07 pm

From memory the Storm sold their pub last year. Anyone got any info on the financials of the sale?

pussycat · Post by **pussycat** » Fri Feb 28, 2020 11:32 am

NRL invests $10m into grassroots after posting second straight bumper surplus

Author Chris Kennedy NRL.com Reporter Timestamp Thu 27 Feb 2020, 10:01 PM

Fred · Post by **Fred** » Fri Feb 28, 2020 12:14 pm

It think the NRL need to do more of this. !0 million is a start.

What are the AFL financials - compared to NRL financials?

Fred · Post by **Fred** » Fri Feb 28, 2020 4:18 pm

pussycat wrote: Fri Feb 28, 2020 11:32 am
NRL invests $10m into grassroots after posting second straight bumper surplus

Author Chris Kennedy NRL.com Reporter Timestamp Thu 27 Feb 2020, 10:01 PM

Did you see the AFL spent over 58 million on grass roots and had another bumper surplus....... 58 mil...... take that in.

pussycat · Post by **pussycat** » Fri Feb 28, 2020 8:29 pm

Fred wrote: Fri Feb 28, 2020 4:18 pm

pussycat wrote: Fri Feb 28, 2020 11:32 am
NRL invests $10m into grassroots after posting second straight bumper surplus

Author Chris Kennedy NRL.com Reporter Timestamp Thu 27 Feb 2020, 10:01 PM

Did you see the AFL spent over 58 million on grass roots and had another bumper surplus....... 58 mil...... take that in.

The AFL profit is posted a few threads back Fred . Yes it is good. Slightly Less profit then the NRL. and only slightly less revenue for the 2019 season.

Fred · Post by **Fred** » Fri Feb 28, 2020 9:34 pm

pussycat wrote: Fri Feb 28, 2020 8:29 pm

Fred wrote: Fri Feb 28, 2020 4:18 pm

pussycat wrote: Fri Feb 28, 2020 11:32 am
NRL invests $10m into grassroots after posting second straight bumper surplus

Author Chris Kennedy NRL.com Reporter Timestamp Thu 27 Feb 2020, 10:01 PM

Did you see the AFL spent over 58 million on grass roots and had another bumper surplus....... 58 mil...... take that in.

The AFL profit is posted a few threads back Fred . Yes it is good. Slightly Less profit then the NRL. and only slightly less revenue for the 2019 season.

Firstly - what Wookie said

Secondly I was responding to your 10 mil on grass roots for nrl - and highlighted AFL 58 mil.

pussycat · Post by **pussycat** » Fri Feb 28, 2020 10:24 pm

The_Wookie wrote: Fri Feb 28, 2020 9:15 pm
slightly less revenue? the fuck you smoking

NRL revenue Up $32m!

leagueiscrap · Post by **leagueiscrap** » Fri Feb 28, 2020 11:06 pm

pussycat wrote: Fri Feb 28, 2020 10:24 pm

The_Wookie wrote: Fri Feb 28, 2020 9:15 pm
slightly less revenue? the fuck you smoking
NRL revenue Up $32m!

counting the pennies again Gollum
as what happens on past 3 broadcast deals NRLOL will have run out of money by contracts end

Fred · Post by **Fred** » Sat Feb 29, 2020 10:39 am

Lol. So true. Got to emphasis the positives though I guess.

pussycat · Post by **pussycat** » Sat Feb 29, 2020 10:58 am

The_Wookie wrote: Fri Feb 28, 2020 11:53 pm

pussycat wrote: Fri Feb 28, 2020 10:24 pm

The_Wookie wrote: Fri Feb 28, 2020 9:15 pm
slightly less revenue? the fuck you smoking
NRL revenue Up $32m!
So what? they are still 238 million behind. This is like claiming an improvement award is better than a gold medal. ffs.

Probably, but they started 20 years behind. They've already caught up in some areas, there catching up in all the rest.

pussycat · Post by **pussycat** » Sat Feb 29, 2020 10:59 am

pussycat wrote: Sat Feb 29, 2020 10:58 am

The_Wookie wrote: Fri Feb 28, 2020 11:53 pm

pussycat wrote: Fri Feb 28, 2020 10:24 pm

NRL revenue Up $32m!
So what? they are still 238 million behind. This is like claiming an improvement award is better than a gold medal. ffs.
something like that, but we started 20 years behind.

But, as stated. Our Revenue and our profit for 2019 were greater than yours

Its just another example of the AFL coming 2nd.

Fred · Post by **Fred** » Sat Feb 29, 2020 11:09 am

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?

pussycat · Post by **pussycat** » Sat Feb 29, 2020 11:39 am

What I said Fred, I'm not sure if you have reading difficulties, they are catching up in any areas that they haven't already. I am well aware what profit is Fred.

Origin , tests, the Pacific Europe - the rest of the word. While AFL still has Tasmania to look forward to - good luck

I wonder what business looks more sound

Terry · Post by **Terry** » Sat Feb 29, 2020 12:28 pm

pussycat wrote: Sat Feb 29, 2020 11:39 am
What I said Fred, I'm not sure if you have reading difficulties, they are catching up in any areas that they haven't already. I am well aware what profit is Fred.

Origin , tests, the Pacific Europe - the rest of the word. While AFL still has Tasmania to look forward to - good luck

I wonder what business looks more sound

That is correct. RL has far more potential to expand the business. The pacific islands. Europe. North America. WA. There is already a presence in all those markets and if done right there are massive upsides to come.

The AFL has just about maxed out in Australia. The only possible expansion is little Tassy. But that is already a heartland state so won't bring much new.

And there is zero chance of anything happening outside Australia. It's been tried and repeatedly failed. Some folk here will say the AFL don't care about overseas expansion. This is demonstratively incorrect as I have shown on numerous previous occasions. Remember Gilty saying Auckland should have a team before they got frog marched outta NZ?? They would dearly love to get something serious going somewhere outside Australia. Anywhere. But it ain't gonna happen.

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