14 of the 16 NRL Clubs Run at a Loss

[Beaussie]

14... YES... 14 of the 16 NRL clubs are financial basketcases.

We can now clearly see why pokie reforms have the NRL and it's clubs in a state of panic. Just 2 clubs in the entire NRL competition actually break even. What a joke of a sport, relying on pokie revenue from the poorest in our society to stay afloat.

Death to the NRL.

Clubs in fight for bigger slice of NRL's TV pie
by: Brent Read
From:The Australian
October 05, 201112:00AM

The clubs, most of which run at a loss, want funding guarantees included in their membership agreements, the current versions of which expire in a matter of weeks. The clubs are expected to roll over their agreements for next season before signing new agreements for 2013 and beyond.

The financial state of NRL clubs is **** the most serious. As many as 14 clubs run at a loss, surviving on hand-outs from their leagues clubs. The clubs see the answer to their problems lying in the distribution of funding when the new broadcasting deal is struck.

http://www.theaustralian.com.au/news/sp ... 6158470527

[AFL Warrior]

Time to lock and load and put this garbage game out of it's misery

[Beaussie]

Pokie reforms spell the end of the NRL. What can they fallback on, crowds? NO, tv rights? NO, memberships? NO, sponsorships? NO. They're fucked.

[borgidiom]

this is real bad news for the local pub that sponsors the Raiders.

[Raiderdave]

14... YES... 14 of the 16 NRL clubs are financial basketcases.

We can now clearly see why pokie reforms have the NRL and it's clubs in a state of panic. Just 2 clubs in the entire NRL competition actually break even. What a joke of a sport, relying on pokie revenue from the poorest in our society to stay afloat.

Death to the NRL.

Clubs in fight for bigger slice of NRL's TV pie
by: Brent Read
From:The Australian
October 05, 201112:00AM

The clubs, most of which run at a loss, want funding guarantees included in their membership agreements, the current versions of which expire in a matter of weeks. The clubs are expected to roll over their agreements for next season before signing new agreements for 2013 and beyond.

The financial state of NRL clubs is **** the most serious. As many as 14 clubs run at a loss, surviving on hand-outs from their leagues clubs. The clubs see the answer to their problems lying in the distribution of funding when the new broadcasting deal is struck.

http://www.theaustralian.com.au/news/sp ... 6158470527

Lions
Swans
Essendon
Port Adelaide
North Melbourne
Western Bulldogs
Melbourne
Richmond

all losing money & some of these needing AFL assistance to keep the doors open

Suns
GWS

won't see a profit for 15 years ... probably ever

the rest barely finishing in the black
& the threat of a strike by players next year because they want even more money ... to put a further strain on the AFL's finances

I'd be more concerned about flogball

how does a club turnover 35 Million dollars
yet only make a profit equal to that of the local fish n chip shop
only in the AFL

[Beaussie]

Lions and Swans are both assets rich so no real issues there. Essendon and Richmond???? you've clearly got no idea what you're talking about. The others in your list are guranteed support based on an equalisation policy that is designed to ensure all clubs are financially secure and competitive. Another policy you throwball fans could learn from us.

Our record broadcast rights money is already banked. Not to mention our growing future fund gaining more and more interest daily. You lot on the other hand are hoping and praying that history will not repeat itself. You ought to be very concerned throwball fans. And don't forget your players are demanding more along with pokie reforms that will destroy 14 of your 16 clubs financially. Dreadful prospects I know. :<>

[Grim Reaper]

So sad to hear the nrl clubs may fold

[Beaussie]

So sad to hear the nrl clubs may fold

I know, just terrible isn't it. :<>

[Beaussie]

Was just thinking, there is no doubt all our throwball friends here have clubs **** the 14 that run at a loss. Poor buggers, imagine the finances of the Raiders who's major sponsor is the local pub? Oh dear, scary thought isn't it. Hahahaha

[Raiderdave]

Lions and Swans are both assets rich so no real issues there. Essendon and Richmond???? you've clearly got no idea what you're talking about. The others in your list are guranteed support based on an equalisation policy that is designed to ensure all clubs are financially secure and competitive. Another policy you throwball fans could learn from us.

Our record broadcast rights money is already banked. Not to mention our growing future fund gaining more and more interest daily. You lot on the other hand are hoping and praying that history will not repeat itself. You ought to be very concerned throwball fans. And don't forget your players are demanding more along with pokie reforms that will destroy 14 of your 16 clubs financially. Dreadful prospects I know. :<>

ah....
it seems you are the one who doesn't know what he's talking about

http://www.essendonfc.com.au/news/a/Ess ... -loss/7835

Essendon Football Club today announced an operating loss of $1,528,682 in 2010.

Club CEO Ian Robson said a number of factors contributed to the overall operating loss.

"During the course of this year a number of long-term business decisions have been taken which have adversely affected our financial performance,â€

[Raiderdave]

Was just thinking, there is no doubt all our throwball friends here have clubs **** the 14 that run at a loss. Poor buggers, imagine the finances of the Raiders who's major sponsor is the local pub? Oh dear, scary thought isn't it. Hahahaha

don't worry about us
worry about your own sorry club the Sydney Gooses

broke .... falling support
a new club they have to share a declining market .. that wasn't real big to begin with

>

gee..... will they last another 5 years

maybe
maybe not

[Beaussie]

Lions and Swans are both assets rich so no real issues there. Essendon and Richmond???? you've clearly got no idea what you're talking about. The others in your list are guranteed support based on an equalisation policy that is designed to ensure all clubs are financially secure and competitive. Another policy you throwball fans could learn from us.

Our record broadcast rights money is already banked. Not to mention our growing future fund gaining more and more interest daily. You lot on the other hand are hoping and praying that history will not repeat itself. You ought to be very concerned throwball fans. And don't forget your players are demanding more along with pokie reforms that will destroy 14 of your 16 clubs financially. Dreadful prospects I know. :<>

ah....
it seems you are the one who doesn't know what he's talking about

http://www.essendonfc.com.au/news/a/Ess ... -loss/7835

Essendon Football Club today announced an operating loss of $1,528,682 in 2010.

Club CEO Ian Robson said a number of factors contributed to the overall operating loss.

"During the course of this year a number of long-term business decisions have been taken which have adversely affected our financial performance,â€

[Beaussie]

Was just thinking, there is no doubt all our throwball friends here have clubs **** the 14 that run at a loss. Poor buggers, imagine the finances of the Raiders who's major sponsor is the local pub? Oh dear, scary thought isn't it. Hahahaha

don't worry about us

Tell me, have you lot locked in the local pub for a long term sponsorship deal?

[Raiderdave]

Was just thinking, there is no doubt all our throwball friends here have clubs **** the 14 that run at a loss. Poor buggers, imagine the finances of the Raiders who's major sponsor is the local pub? Oh dear, scary thought isn't it. Hahahaha

don't worry about us

Tell me, have you lot locked in the local pub for a long term sponsorship deal?

the Raiders actually have more net assets then Essendon

they own 10 licensed premises .... 4 of these they own the buildings
they own land in the centre of the city ... Rugby League Park Braddon , & it is worth a fortune
& their training facility at Bruce .. is state of the art , they own this too


&
they didn't lose 1.5 Million dollars last year either

so what was your point again

[Beaussie]

don't worry about us

Tell me, have you lot locked in the local pub for a long term sponsorship deal?

the Raiders actually have more net assets then Essendon

they own 10 licensed premises .... 4 of these they own the buildings
they own land in the centre of the city ... Rugby League Park Braddon , & it is worth a fortune
& their training facility at Bruce .. is state of the art , they own this too


&
they didn't lose 1.5 Million dollars last year either

so what was your point again

Bring on the pokie reforms. :<>