Xman wrote:eelofwest wrote:Do you have a link to your bogus claims Xman? or are you telling porkies again. As far as i know not all AFL clubs have put out there financial statements for 2012 so your claim can only be another porkie....Xman wrote:6 AFL clubs made a loss out of 18, and that includes 2 brand new expansion teams. All these teams are on or near the bottom so revenue was down due to poor on filed performance. This will be addressed as they improve and they get support from the AFL.
And these NRL clubs? Struggling despite success...
The sharks are debt free? Who cares! Debt isnt the issue, lack of income to pay debt is.ask millions of Australians with a mortgage if debt alone is a problem
Out of the 11 clubs to release the financial reports 6 have made losses and this does not included GWS, SUNS......
Total Profit/Loss:
Essendon – $12,345,536 = 400k after 12m in government grants is taken out.
Collingwood – $7,835,000*
Richmond – $3,017,742
Hawthorn – $1,288,810
Melbourne – $19,485
1 Western Bulldogs – (136,679)
2 St Kilda – ($436,818)
3 Carlton – ($639,799)
4 Geelong – ($996,000)
5 Brisbane – ($2,200,013)
6 Port Adelaide – ($2,117,071)*
http://footybusiness.wordpress.com/gove ... l-reports/
You must stop telling Lies Xman......
Operating Profit
Collingwood – $4,860,000
Richmond – $3,017,742
North Melbourne – $1,193,080
Hawthorn – $1,288,810
St Kilda – $631,135
Essendon – $401,429
Geelong – $322,000
Melbourne $77,618
Wc and Dockers always make profits, as do the crows. Sydney already announced they will make a small profit.
Operating Loss
Western Bulldogs – ($136,679)
Carlton – ($683,799)
Brisbane – ($2,513,262)
Port Adelaide – ($4,120,000)
Plus Suns and Giants
http://footybusiness.wordpress.com/gove ... l-reports/
12 out of 18 AFL clubs make profits.
You are using the wrong figure Xman....
It has to be the Total Profit/Loss column.
But say it is your column and we add GWS Suns to the picture.....
GCS, GWS - ($150,000,000) then revised up to ($220,000,000) in the first year, now who knows how much more this will rise.
AFL chief executive officer Andrew Demetriou says the new licences for a Gold Coast and western Sydney team will cost up to $150 million. http://www.abc.net.au/news/2008-07-16/a ... 50m/441130
Operating ProfitThe chief executive, Andrew Demetriou, said the code's expansion with its 17th and 18th teams would cost $220 million. Read more: http://www.smh.com.au/AFL/AFL-news/gws- ... z2Eijv5wIg
Collingwood – $4,860,000
Richmond – $3,017,742
North Melbourne – $1,193,080
Hawthorn – $1,288,810
St Kilda – $631,135
Essendon – $401,429
Geelong – $322,000
Melbourne $77,618
Western Bulldogs – ($136,679)
Carlton – ($683,799)
Brisbane – ($2,513,262)
Port Adelaide – ($4,120,000)
GWS - (22,000,000)
GCS - (22,000,000)
And considering the Crowds GWS and Suns have been getting and now that Issy is gone then this figure will surely rise... =D>
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